Funding you earn now, next payment 22:00 UTC−0.0212%/8h= −23.2% APRnext payment −$0.27 per $10,000 · paid last 24h −0.049%
Price spread now: Deribit against 01 Exchange−0.078%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 −$6 a day on $10k at the current rate, and Deribit is 0.078% cheaper against 01 Exchange than usual: you would sell low and buy high (−$8 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 | 803.69 | 0.0312 | pay 0.0039% / 1h | 45m 51s | $28K | $1K | 10x |
| Short | Deribit BNB_USDC-PERPETUAL | 803.06 | 0.0100 | get 0.0013% / 1h | 45m 51s | $1.6M | $165K | 25x |
01 Exchange BNBUSD
Deribit BNB_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$44.52
- Price spread: −0.078% → 0.000%
- −$7.82
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$66.34
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Deribit: 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 3 min ago | 0.69 bp | 7.4 bp −$7 | 14.4 bp −$144 | doesn't fit | doesn't fit |
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 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 | 802.73 | −0.119% | $48K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 803.36 | −0.041% | $4K | $1K | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 802.69 | −0.124% | $3.0M | $30.0M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 803.30 | −0.049% | $116K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 803.32 | −0.046% | $868K | $3.0M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 802.78 | −0.113% | $9.8M | — | 150x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0038% | 1h | 802.66 | −0.128% | $2.5M | $909K | 50x | as long as short |
| Variational Omni BNB | +0.0063% | 8h | 802.15 | −0.191% | $4.1M | $5.3M | — | as long as short |
| BingX BNB-USDC | +0.0068% | 8h | 802.81 | −0.109% | — | $13.3M | — | as long as short |
| Aster BNBUSDT | +0.0086% | 8h | 803.13 | −0.069% | $6.3M | $18.8M | 200x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Kraken Futures PF_BNBUSD
Variational Omni BNB
BingX BNB-USDC
Aster 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 | 803.99 | +0.037% | $608K | $888K | 50x | as long as short |
| Bybit BNBUSDT | +0.0091% | 8h | 802.00 | −0.210% | $138.7M | $82.6M | 75x | as long as short |
| Lighter BNB | +0.0096% | 1h | 802.72 | −0.121% | $2.8M | $4.2M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 802.63 | −0.132% | $1.4M | $2.8M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 802.99 | −0.087% | $1.2M | $923K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 802.50 | −0.148% | $54.9M | $115.1M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 803.00 | −0.086% | $52K | $161K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 802.45 | −0.154% | $35.9M | $58.3M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 802.50 | −0.148% | $28.1M | $10.5M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 802.25 | −0.179% | $78.9M | $24.5M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 802.91 | −0.096% | $4.2M | $76.9M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 803.32 | −0.046% | $158K | $437K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 802.74 | −0.118% | $118K | $868K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 802.65 | −0.129% | $388K | $593K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 802.76 | −0.115% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 803.51 | −0.023% | $13K | $1.7M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 802.70 | −0.123% | $395K | $1.0M | 10x | as long as short |
| Deribit BNB_USDC-PERPETUALshort | +0.0100% | 1h | 803.06 | −0.078% | $1.6M | $165K | 25x | |
| HTX BNB-USDT | +0.0100% | 8h | 802.95 | −0.092% | $8.2M | $7.4M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 803.65 | −0.005% | $78K | $19K | 50x | as long as short |
| MEXC BNB_USDT | +0.0101% | 8h | 803.60 | −0.011% | $84.4M | $13.5M | 200x | as long as short |
| Binance BNBUSDT | +0.0102% | 8h | 803.21 | −0.060% | $518.1M | $803.7M | 75x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 802.33 | −0.169% | $1.9M | $6.1M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 802.81 | −0.110% | $386K | $40K | 10x | as long as short |
| Phemex BNBUSDT | +0.0120% | 8h | 803.19 | −0.062% | $70.1M | $51.6M | 50x | as long as short |
| Phoenix BNB | +0.0125% | 1h | 802.78 | −0.113% | $173K | $35K | 10x | as long as short |
| Hyperliquid BNB | +0.0158% | 1h | 803.09 | −0.075% | $51.6M | $21.3M | 10x | as long as short |
| Bulk BNB-USD | +0.0161% | 1h | 803.45 | −0.030% | $649K | $11K | 10x | as long as short |
| RISEx BNB/USDC | +0.0209% | 1h | 803.22 | −0.059% | $1.1M | $1.4M | 20x | as long as short |
| BloFin BNB-USDT | +0.0222% | 8h | 803.39 | −0.037% | $18.8M | $3.0M | 75x | as long as short |
| dYdX BNB-USD | +0.0224% | 1h | 803.00 | −0.086% | $170K | $55K | 10x | as long as short |
| Hibachi BNB/USDT-P | +0.0240% | 1h | 802.79 | −0.112% | $71K | $48K | 12x | as long as short |
| 01 Exchange BNBUSDlong | +0.0312% | 1h | 803.69 | long leg | $28K | $1K | 10x | |
| Reya BNBRUSDPERP | +0.0335% | 1h | 802.52 | −0.145% | $6K | $3K | 40x | as long as short |
| Injective BNB/USDC PERP | +0.0353% | 1h | 804.92 | +0.153% | $19K | $526K | 30x | as long as short |
| Backpack BNB_USDC_PERP | +0.0697% | 1h | 803.57 | −0.015% | $3.0M | $5.3M | 40x | as long as short |
Coinbase International BNB-PERP-INTX
Bybit 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
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
MEXC BNB_USDT
Binance BNBUSDT
Extended BNB-USD
Aevo BNB-PERP
Phemex BNBUSDT
Phoenix BNB
Hyperliquid BNB
Bulk BNB-USD
RISEx BNB/USDC
BloFin BNB-USDT
dYdX BNB-USD
Hibachi BNB/USDT-P
Reya BNBRUSDPERP
Injective BNB/USDC PERP
Backpack BNB_USDC_PERP