Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: StandX against Orderly−0.029%7-day average +0.018% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 3 days (all we have)+0.164%+$16 · spread now −0.029%, 7d avg +0.018%
=Together, before fees−0.046%+ Points / potential airdropStandX: Active · farm board−$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and StandX is 0.046% cheaper against Orderly than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.018%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_BNB_USDC | 804.15 | 0.0100 | pay 0.0100% / 8h | 2h 31m | $389K | $593K | 50x |
| Short | StandX BNB-USD | 803.92 | 0 | get 0.0000% / 1h | 31m 20s | $869K | $2.9M | 30x |
Orderly PERP_BNB_USDC
StandX BNB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
StandX against Orderly. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: −0.029% → +0.018%
- −$4.62
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$39.62
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; StandX: live order book, 3 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Orderly no order-book sample | — | — | — | — | — |
| Sell StandX live order book, 3 min ago | 4.85 bp | 10.6 bp −$11 | 13.4 bp −$134 | 63.1 bp −$6,309 | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BNB on 46 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX BNB/USD [WBTC.b-USDC] | L −0.0195% / S +0.0371% | 1h | 804.07 | −0.010% | $48K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 804.19 | +0.005% | $4K | $1K | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 803.90 | −0.032% | $3.0M | $29.3M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 804.50 | +0.044% | $112K | $2.5M | 4.8x | as long as short |
| StandX BNB-USDshort | 0.0000% | 1h | 803.92 | −0.029% | $869K | $2.9M | 30x | |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 804.10 | −0.006% | $9.8M | — | 150x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0038% | 1h | 804.33 | +0.022% | $2.5M | $908K | 50x | as long as short |
| Variational Omni BNB | +0.0051% | 8h | 802.62 | −0.190% | $4.0M | $5.3M | — | as long as short |
| BingX BNB-USDC | +0.0056% | 8h | 804.09 | −0.007% | — | $13.3M | — | as long as short |
| Bybit BNBUSDT | +0.0075% | 8h | 803.80 | −0.044% | $139.4M | $82.9M | 75x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
gTrade (Gains Network) BNB/USD
Kraken Futures PF_BNBUSD
Variational Omni BNB
BingX BNB-USDC
Bybit BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BNB-PERP-INTX | +0.0088% | 1h | 804.19 | +0.005% | $609K | $878K | 50x | as long as short |
| Aster BNBUSDT | +0.0089% | 8h | 804.45 | +0.037% | $6.4M | $18.8M | 200x | as long as short |
| Lighter BNB | +0.0096% | 1h | 803.99 | −0.019% | $2.8M | $4.2M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 803.49 | −0.082% | $1.4M | $2.8M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 804.04 | −0.014% | $1.2M | $923K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 803.90 | −0.031% | $55.1M | $115.5M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 804.10 | −0.006% | $53K | $165K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 803.95 | −0.025% | $35.9M | $58.5M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 804.01 | −0.017% | $28.1M | $10.5M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 803.81 | −0.042% | $79.1M | $24.5M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 804.49 | +0.043% | $4.2M | $76.9M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 804.32 | +0.021% | $159K | $439K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 804.09 | −0.007% | $118K | $868K | 10x | as long as short |
| Orderly PERP_BNB_USDClong | +0.0100% | 8h | 804.15 | long leg | $389K | $593K | 50x | |
| Derive BNB-PERP | +0.0100% | 1h | 804.28 | +0.016% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 804.48 | +0.041% | $13K | $1.7M | 50x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 803.84 | −0.038% | $8.2M | $7.4M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 804.48 | +0.041% | $79K | $19K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 803.76 | −0.048% | $1.9M | $6.1M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 804.35 | +0.025% | $386K | $40K | 10x | as long as short |
| MEXC BNB_USDT | +0.0105% | 8h | 805.10 | +0.118% | $84.4M | $13.6M | 200x | as long as short |
| Binance BNBUSDT | +0.0106% | 8h | 804.83 | +0.085% | $519.3M | $803.0M | 75x | as long as short |
| Phemex BNBUSDT | +0.0124% | 8h | 804.34 | +0.024% | $70.2M | $51.7M | 50x | as long as short |
| Phoenix BNB | +0.0125% | 1h | 803.93 | −0.027% | $173K | $35K | 10x | as long as short |
| Hyperliquid BNB | +0.0156% | 1h | 804.84 | +0.086% | $51.7M | $21.3M | 10x | as long as short |
| SoDEX BNB-USD | +0.0169% | 1h | 804.20 | +0.006% | $396K | $1.0M | 10x | as long as short |
| Bulk BNB-USD | +0.0197% | 1h | 804.34 | +0.024% | $650K | $11K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 804.67 | +0.065% | $1.6M | $165K | 25x | as long as short |
| RISEx BNB/USDC | +0.0209% | 1h | 804.10 | −0.006% | $1.1M | $1.4M | 20x | as long as short |
| BloFin BNB-USDT | +0.0225% | 8h | 804.46 | +0.039% | $18.8M | $3.1M | 75x | as long as short |
| Hibachi BNB/USDT-P | +0.0248% | 1h | 804.02 | −0.016% | $71K | $48K | 12x | as long as short |
| dYdX BNB-USD | +0.0276% | 1h | 804.28 | +0.016% | $170K | $55K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0328% | 1h | 804.69 | +0.067% | $28K | $1K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0334% | 1h | 803.83 | −0.040% | $6K | $3K | 40x | as long as short |
| Injective BNB/USDC PERP | +0.0353% | 1h | 804.92 | +0.096% | $19K | $526K | 30x | as long as short |
| Backpack BNB_USDC_PERP | +0.0663% | 1h | 804.69 | +0.067% | $3.0M | $5.4M | 40x | as long as short |
Coinbase International BNB-PERP-INTX
Aster BNBUSDT
Lighter BNB
Nado BNB-PERP
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
MEXC BNB_USDT
Binance BNBUSDT
Phemex BNBUSDT
Phoenix BNB
Hyperliquid BNB
SoDEX BNB-USD
Bulk BNB-USD
Deribit BNB_USDC-PERPETUAL
RISEx BNB/USDC
BloFin BNB-USDT
Hibachi BNB/USDT-P
dYdX BNB-USD
01 Exchange BNBUSD
Reya BNBRUSDPERP
Injective BNB/USDC PERP
Backpack BNB_USDC_PERP