Funding you earn now, next payment 02:00 UTC−0.0164%/8h= −18.0% APRpaid last 24h −0.070%
Price spread now: Bybit against 01 Exchange−0.089%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bybit is 0.089% cheaper against 01 Exchange than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange BNBUSD | 788.44 | 0.0264 | pay 0.0033% / 1h | 8m 59s | $28K | $3K | 10x |
| Short | Bybit BNBUSDT | 787.74 | 0.0100 | get 0.0100% / 8h | 6h 08m | $138.8M | $79.7M | 75x |
01 Exchange BNBUSD
Bybit BNBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against 01 Exchange. 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
- −$34.44
- Price spread: −0.089% → 0.000%
- −$8.88
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$61.32
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Bybit: live order book, 5 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 5 min ago | 0.63 bp | 6.6 bp −$7 | 10.6 bp −$106 | 34.1 bp −$3,413 | 115.2 bp −$57.6K |
01 Exchange: 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 45 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 −0.0167% / S +0.0335% | 1h | 787.78 | −0.084% | $46K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0133% | 1h | 787.87 | −0.073% | $2.5M | $1.1M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 788.60 | +0.020% | $4K | $239 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 789.44 | +0.127% | $853K | $3.2M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 787.81 | −0.080% | $9.6M | — | 150x | as long as short |
| Aster BNBUSDT | +0.0029% | 8h | 788.48 | +0.005% | $6.2M | $20.1M | 200x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.112% | $19K | $789K | 30x | as long as short |
| Gate BNB_USDT | +0.0045% | 8h | 787.85 | −0.075% | $35.1M | $57.7M | 75x | as long as short |
| BingX BNB-USDT | +0.0049% | 8h | 788.06 | −0.048% | — | $34.9M | — | as long as short |
| Variational Omni BNB | +0.0050% | 8h | 788.61 | +0.022% | $4.1M | $4.9M | — | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Hotstuff BNB-PERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Aster BNBUSDT
Injective BNB/USDC PERP
Gate BNB_USDT
BingX BNB-USDT
Variational Omni BNBShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BNB-PERP-INTX | +0.0056% | 1h | 788.82 | +0.048% | $619K | $1.8M | 50x | as long as short |
| MEXC BNB_USDT | +0.0064% | 8h | 788.70 | +0.033% | $80.2M | $13.1M | 200x | as long as short |
| Binance BNBUSDT | +0.0064% | 8h | 788.50 | +0.008% | $493.8M | $824.7M | 75x | as long as short |
| Phemex BNBUSDT | +0.0065% | 8h | 788.39 | −0.006% | $69.0M | $50.5M | 50x | as long as short |
| GRVT BNB_USDT_Perp | +0.0080% | 8h | 789.44 | +0.127% | $2.9M | $28.5M | 10x | as long as short |
| dYdX BNB-USD | +0.0087% | 1h | 788.17 | −0.035% | $159K | $63K | 10x | as long as short |
| Phoenix BNB | +0.0088% | 1h | 788.56 | +0.015% | $169K | $36K | 10x | as long as short |
| Lighter BNB | +0.0096% | 1h | 787.98 | −0.059% | $2.8M | $4.1M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 787.92 | −0.066% | $381K | $409K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 787.85 | −0.075% | $1.5M | $2.7M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 788.44 | +0.001% | $51.7M | $18.6M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 788.31 | −0.016% | $1.2M | $920K | 20x | as long as short |
| Bybit BNBUSDTshort | +0.0100% | 8h | 787.74 | −0.089% | $138.8M | $79.7M | 75x | |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 787.70 | −0.094% | $53.4M | $113.6M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 788.20 | −0.030% | $52K | $135K | 10x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 787.69 | −0.095% | $27.8M | $10.5M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 787.79 | −0.082% | $77.6M | $29.9M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 789.23 | +0.100% | $4.1M | $77.1M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 788.87 | +0.055% | $159K | $438K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 787.78 | −0.084% | $137K | $950K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 788.02 | −0.053% | $31K | $9K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 788.75 | +0.039% | $12K | $1.6M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 788.00 | −0.056% | $387K | $998K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 787.95 | −0.062% | $8.1M | $9.0M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 788.72 | +0.035% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 787.62 | −0.105% | $1.8M | $5.9M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 787.99 | −0.057% | $379K | $110K | 10x | as long as short |
| RISEx BNB/USDC | +0.0131% | 1h | 788.22 | −0.028% | $1.1M | $1.1M | 20x | as long as short |
| Kalshi KXBNBPERP | +0.0165% | 8h | 788.30 | −0.018% | $92K | $2.9M | 4.8x | as long as short |
| Bulk BNB-USD | +0.0244% | 1h | 794.01 | +0.707% | $643K | $13K | 10x | as long as short |
| 01 Exchange BNBUSDlong | +0.0264% | 1h | 788.44 | long leg | $28K | $3K | 10x | |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 788.41 | −0.004% | $1.5M | $160K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0328% | 1h | 787.77 | −0.084% | $6K | $3K | 40x | as long as short |
| Backpack BNB_USDC_PERP | +0.0387% | 1h | 788.46 | +0.003% | $2.7M | $5.7M | 40x | as long as short |
| Hibachi BNB/USDT-P | +0.0544% | 1h | 788.80 | +0.045% | $68K | $39K | 12x | as long as short |
Coinbase International BNB-PERP-INTX
MEXC BNB_USDT
Binance BNBUSDT
Phemex BNBUSDT
GRVT BNB_USDT_Perp
dYdX BNB-USD
Phoenix BNB
Lighter BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
RISEx BNB/USDC
Kalshi KXBNBPERP
Bulk BNB-USD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
Backpack BNB_USDC_PERP
Hibachi BNB/USDT-P