BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0227%/8h= +24.9% APRnext payment +$0.28 per $10,000 · paid last 24h +0.074%

Price spread now: dYdX against SoDEX−0.026%7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$400.402% of the position

Long on SoDEX Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.331%+$33 on $10k

Price spread, last 4 days (all we have)+0.050%+$5 · spread now −0.026%, 7d avg −0.016%

Together, before fees+0.381%+$38 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.016%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX BNB-USD	786.10	0.0100	pay 0.0013% / 1h	50m 03s	$386K	$923K	10x
Short	dYdX BNB-USD	785.90	0.0327	get 0.0041% / 1h	50m 03s	$158K	$34K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against SoDEX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee SoDEXbpFee dYdXbpOrdersPrice spread, now −0.026%Rate

Funding earned: $47.69
Price spread: −0.026% → −0.016%: −$1.02
Slippage, 4 orders: −$22.22
Fee SoDEX: 4 bp × 2 orders: −$8
Fee dYdX: 5 bp × 2 orders: −$10
Net: $6.46
Costs to cover: 0.402%
Break-even: 6.1 days

Slippage from SoDEX: live order book, 57 min ago; dYdX: live order book, 57 min ago.

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 SoDEX live order book, 57 min ago	0.63 bp	4.6 bp −$5	8.4 bp −$84	72.7 bp −$7,274	doesn't fit
Sell dYdX live order book, 57 min ago	10.27 bp	15.7 bp −$16	45.5 bp −$455	54.1 bp −$5,413	90.8 bp −$45.4K

BNB on 46 exchanges

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 −0.0166% / S +0.0336%	1h	786.31	+0.027%	$43K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0138%	1h	785.54	−0.071%	$2.6M	$1.4M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	786.45	+0.045%	$4K	—	25x	as long as short
Bybit BNBUSDT	−0.0058%	8h	785.10	−0.127%	$138.5M	$66.1M	75x	as long as short
BingX BNB-USDC	−0.0048%	8h	785.93	−0.022%	—	$13.4M	—	as long as short
Aster BNBUSDT	0.0000%	8h	786.07	−0.004%	$5.9M	$16.8M	200x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	787.72	+0.206%	$2.9M	$26.7M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	786.50	+0.051%	$153K	$2.5M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	786.90	+0.102%	$849K	$3.0M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	786.23	+0.017%	$9.5M	—	150x	as long as short

Show all 46 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BNB_USDT	+0.0008%	8h	786.90	+0.102%	$83.3M	$11.5M	200x	as long as short
Binance BNBUSDT	+0.0008%	8h	786.10	0.000%	$480.0M	$753.8M	75x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.416%	$19K	$789K	30x	as long as short
BloFin BNB-USDT	+0.0037%	8h	786.54	+0.056%	$18.5M	$2.3M	75x	as long as short
Phemex BNBUSDT	+0.0077%	8h	785.85	−0.032%	$68.2M	$50.3M	50x	as long as short
Variational Omni BNB	+0.0087%	8h	785.24	−0.109%	$4.3M	$4.3M	—	as long as short
Lighter BNB	+0.0096%	1h	785.74	−0.046%	$2.7M	$2.9M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	786.05	−0.006%	$1.3M	$2.3M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	786.08	−0.003%	$52.0M	$16.4M	10x	as long as short
Pacifica BNB	+0.0100%	1h	786.07	−0.004%	$1.2M	$928K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	785.20	−0.114%	$53.3M	$100.1M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	786.30	+0.025%	$57K	$124K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	785.40	−0.089%	$42.1M	$51.7M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	785.68	−0.053%	$28.1M	$9.6M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	785.06	−0.132%	$75.5M	$30.7M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	785.87	−0.029%	$2.2M	$6.0M	40x	as long as short
edgeX BNBUSDC	+0.0100%	4h	787.64	+0.196%	$4.1M	$71.4M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	787.46	+0.173%	$158K	$459K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	786.20	+0.013%	$126K	$909K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	785.92	−0.023%	$264K	$258K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	785.97	−0.017%	$31K	$10K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	786.62	+0.066%	$12K	$1.3M	50x	as long as short
SoDEX BNB-USDlong	+0.0100%	1h	786.10	long leg	$386K	$923K	10x
Deribit BNB_USDC-PERPETUAL	+0.0100%	1h	786.17	+0.008%	$1.5M	$126K	25x	as long as short
HTX BNB-USDT	+0.0100%	8h	785.99	−0.014%	$8.0M	$9.9M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	786.46	+0.046%	$78K	$1.3M	50x	as long as short
Extended BNB-USD	+0.0104%	1h	784.68	−0.180%	$1.8M	$5.5M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	785.85	−0.032%	$377K	$110K	10x	as long as short
Phoenix BNB	+0.0116%	1h	787.45	+0.172%	$158K	$45K	10x	as long as short
Coinbase International BNB-PERP-INTX	+0.0136%	1h	785.93	−0.022%	$537K	$1.9M	50x	as long as short
01 Exchange BNBUSD	+0.0256%	1h	786.93	+0.106%	$28K	$3K	10x	as long as short
Hibachi BNB/USDT-P	+0.0272%	1h	786.13	+0.004%	$67K	$34K	12x	as long as short
Bulk BNB-USD	+0.0274%	1h	787.88	+0.226%	$638K	$10K	10x	as long as short
Reya BNBRUSDPERP	+0.0315%	1h	785.83	−0.035%	$6K	$3K	40x	as long as short
dYdX BNB-USDshort	+0.0327%	1h	785.90	−0.026%	$158K	$34K	10x
RISEx BNB/USDC	+0.0391%	1h	786.48	+0.048%	$1.1M	$939K	20x	as long as short