Funding you earn now, next payment 01:00 UTC+0.0300%/8h= +32.8% APRnext payment +$0.37 per $10,000 · paid last 24h +0.048%
Price spread now: Deribit against StandX+0.064%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$390.386% of the position
Funding, last 7 days+0.314%+$31 on $10k
+Price spread, last 3 days (all we have)−0.121%−$12 · spread now +0.064%, 7d avg −0.009%
=Together, before fees+0.193%+ Points / potential airdropStandX: Active · farm board+$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Deribit is 0.073% dearer against StandX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | StandX BNB-USD | 799.64 | 0 | get 0.0000% / 1h | 14m 11s | $864K | $2.9M | 30x |
| Short | Deribit BNB_USDC-PERPETUAL | 800.15 | 0.0300 | get 0.0037% / 1h | 14m 11s | $1.6M | $161K | 25x |
StandX BNB-USD
Deribit BNB_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against StandX. 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
- $63
- Price spread: +0.064% → −0.009%
- $7.3
- Slippage, 4 orders
- −$23.57
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $31.73
- Costs to cover
- 0.386%
- Break-even
- 3.5 days
Slippage from StandX: live order book, 5 min ago; Deribit: live order book, 5 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 StandX live order book, 5 min ago | 4.89 bp | 10.1 bp −$10 | 13.1 bp −$131 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 5 min ago | 3.01 bp | 10.4 bp −$10 | 17.8 bp −$178 | doesn't fit | doesn't fit |
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 −0.0159% / S +0.0335% | 1h | 799.62 | −0.002% | $47K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0120% | 1h | 799.65 | +0.001% | $2.5M | $1.0M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 799.75 | +0.014% | $4K | $239 | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 798.67 | −0.122% | $3.0M | $27.9M | 10x | as long as short |
| StandX BNB-USDlong | 0.0000% | 1h | 799.64 | long leg | $864K | $2.9M | 30x | |
| Gate BNB_USDT | +0.0004% | 8h | 799.45 | −0.024% | $35.9M | $56.9M | 75x | as long as short |
| Variational Omni BNB | +0.0005% | 8h | 798.43 | −0.152% | $4.1M | $5.0M | — | as long as short |
| BingX BNB-USDT | +0.0007% | 8h | 799.68 | +0.005% | — | $35.0M | — | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 799.66 | +0.003% | $9.7M | — | 150x | as long as short |
| Phemex BNBUSDT | +0.0019% | 8h | 800.32 | +0.085% | $69.9M | $50.3M | 50x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Hotstuff BNB-PERP
GRVT BNB_USDT_Perp
Gate BNB_USDT
Variational Omni BNB
BingX BNB-USDT
gTrade (Gains Network) BNB/USD
Phemex BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +0.682% | $19K | $789K | 30x | as long as short |
| Bybit BNBUSDT | +0.0044% | 8h | 799.50 | −0.018% | $138.8M | $76.2M | 75x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0048% | 1h | 799.07 | −0.071% | $615K | $1.1M | 50x | as long as short |
| Aster BNBUSDT | +0.0053% | 8h | 800.14 | +0.062% | $6.2M | $19.4M | 200x | as long as short |
| MEXC BNB_USDT | +0.0074% | 8h | 800.70 | +0.133% | $83.3M | $13.7M | 200x | as long as short |
| Binance BNBUSDT | +0.0074% | 8h | 800.24 | +0.075% | $496.9M | $810.9M | 75x | as long as short |
| Lighter BNB | +0.0096% | 1h | 799.92 | +0.035% | $2.8M | $4.0M | 20x | as long as short |
| Phoenix BNB | +0.0099% | 1h | 798.98 | −0.083% | $172K | $36K | 10x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 799.20 | −0.055% | $1.5M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 799.58 | −0.008% | $1.2M | $937K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 799.70 | +0.008% | $54.3M | $111.1M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 799.60 | −0.005% | $53K | $127K | 10x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 799.35 | −0.036% | $27.9M | $10.0M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 799.30 | −0.043% | $78.3M | $28.1M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 798.56 | −0.135% | $4.2M | $76.8M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 798.57 | −0.134% | $161K | $435K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 799.33 | −0.039% | $113K | $884K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 799.65 | +0.001% | $386K | $459K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 799.79 | +0.019% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 799.98 | +0.042% | $13K | $1.6M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 799.80 | +0.020% | $393K | $996K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 798.79 | −0.107% | $8.2M | $8.3M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 799.99 | +0.044% | $78K | $18K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 799.32 | −0.040% | $1.8M | $6.0M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 799.68 | +0.005% | $384K | $110K | 10x | as long as short |
| Bulk BNB-USD | +0.0138% | 1h | 797.80 | −0.230% | $648K | $10K | 10x | as long as short |
| RISEx BNB/USDC | +0.0155% | 1h | 799.56 | −0.010% | $1.1M | $1.4M | 20x | as long as short |
| Kalshi KXBNBPERP | +0.0161% | 8h | 800.00 | +0.045% | $90K | $2.8M | 4.8x | as long as short |
| BloFin BNB-USDT | +0.0195% | 8h | 799.65 | +0.001% | $18.1M | $2.6M | 75x | as long as short |
| dYdX BNB-USD | +0.0195% | 1h | 799.16 | −0.060% | $161K | $63K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0200% | 1h | 800.08 | +0.055% | $28K | $1K | 10x | as long as short |
| Hyperliquid BNB | +0.0293% | 1h | 800.30 | +0.082% | $53.2M | $20.3M | 10x | as long as short |
| Hibachi BNB/USDT-P | +0.0296% | 1h | 799.40 | −0.030% | $68K | $38K | 12x | as long as short |
| Deribit BNB_USDC-PERPETUALshort | +0.0300% | 1h | 800.15 | +0.064% | $1.6M | $161K | 25x | |
| Reya BNBRUSDPERP | +0.0330% | 1h | 799.21 | −0.054% | $6K | $3K | 40x | as long as short |
| Backpack BNB_USDC_PERP | +0.0428% | 1h | 800.06 | +0.053% | $2.7M | $5.7M | 40x | as long as short |
Injective BNB/USDC PERP
Bybit BNBUSDT
Coinbase International BNB-PERP-INTX
Aster BNBUSDT
MEXC BNB_USDT
Binance BNBUSDT
Lighter BNB
Phoenix BNB
Nado BNB-PERP
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Bulk BNB-USD
RISEx BNB/USDC
Kalshi KXBNBPERP
BloFin BNB-USDT
dYdX BNB-USD
01 Exchange BNBUSD
Hyperliquid BNB
Hibachi BNB/USDT-P
Reya BNBRUSDPERP
Backpack BNB_USDC_PERP