Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.029%
Price spread now: Deribit against ApeX Omni+0.058%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$380.378% of the position
Funding, last 7 days+0.104%+$10 on $10k
+Price spread, last 4 days (all we have)−0.075%−$8 · spread now +0.058%, 7d avg −0.020%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Deribit is 0.078% dearer against ApeX Omni than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni BNBUSDT | 785.13 | 0.0100 | pay 0.0013% / 1h | 13m 17s | $158K | $437K | 50x |
| Short | Deribit BNB_USDC-PERPETUAL | 785.59 | 0.0200 | get 0.0025% / 1h | 13m 17s | $1.5M | $141K | 25x |
ApeX Omni BNBUSDT
Deribit BNB_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against ApeX Omni. 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: +0.058% → −0.020%
- $7.79
- Slippage, 4 orders
- −$20.8
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$9.01
- Costs to cover
- 0.378%
- Break-even
- 10.0 days
Slippage from ApeX Omni: live order book, 24 min ago; Deribit: live order book, 1 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 ApeX Omni live order book, 24 min ago | 3.44 bp | 9.0 bp −$9 | 32.1 bp −$321 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 1 min ago | 3.06 bp | 6.6 bp −$7 | 13.5 bp −$135 | 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 −0.0168% / S +0.0337% | 1h | 784.52 | −0.078% | $43K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 784.94 | −0.024% | $4K | $42 | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0050% | 1h | 785.05 | −0.010% | $2.5M | $1.2M | 50x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 785.70 | +0.073% | $170K | $2.7M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 785.34 | +0.027% | $847K | $2.7M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 785.16 | +0.004% | $9.5M | — | 150x | as long as short |
| Aster BNBUSDT | +0.0033% | 8h | 785.69 | +0.071% | $6.0M | $18.7M | 200x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.542% | $19K | $789K | 30x | as long as short |
| BingX BNB-USDC | +0.0038% | 8h | 785.36 | +0.029% | — | $13.4M | — | as long as short |
| MEXC BNB_USDT | +0.0048% | 8h | 786.30 | +0.149% | $80.9M | $12.0M | 200x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
Kraken Futures PF_BNBUSD
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Aster BNBUSDT
Injective BNB/USDC PERP
BingX BNB-USDC
MEXC BNB_USDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNBUSDT | +0.0048% | 8h | 785.61 | +0.061% | $488.4M | $814.1M | 75x | as long as short |
| Phemex BNBUSDT | +0.0076% | 8h | 785.71 | +0.074% | $68.6M | $51.0M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 785.28 | +0.019% | $2.7M | $3.8M | 20x | as long as short |
| Phoenix BNB | +0.0100% | 1h | 785.66 | +0.068% | $158K | $35K | 10x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 784.90 | −0.029% | $1.4M | $2.7M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 785.73 | +0.076% | $51.5M | $17.7M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 785.45 | +0.041% | $1.2M | $938K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 784.83 | −0.038% | $138.1M | $74.0M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 784.80 | −0.042% | $53.4M | $111.8M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 785.40 | +0.034% | $52K | $125K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 785.15 | +0.003% | $38.3M | $58.6M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 784.83 | −0.038% | $27.6M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 784.78 | −0.045% | $75.3M | $32.5M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 785.52 | +0.050% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 784.43 | −0.089% | $4.0M | $4.7M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 785.04 | −0.011% | $4.1M | $76.7M | 30x | as long as short |
| ApeX Omni BNBUSDTlong | +0.0100% | 1h | 785.13 | long leg | $158K | $437K | 50x | |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 785.07 | −0.008% | $131K | $942K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 785.20 | +0.009% | $264K | $388K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 785.17 | +0.005% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 785.82 | +0.088% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 785.30 | +0.022% | $386K | $963K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 785.18 | +0.006% | $8.0M | $10.3M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 785.72 | +0.075% | $78K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 784.76 | −0.047% | $1.8M | $5.8M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 785.29 | +0.020% | $377K | $110K | 10x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0104% | 1h | 785.03 | −0.013% | $545K | $1.9M | 50x | as long as short |
| dYdX BNB-USD | +0.0117% | 1h | 784.99 | −0.018% | $159K | $62K | 10x | as long as short |
| BloFin BNB-USDT | +0.0168% | 8h | 785.67 | +0.069% | $17.7M | $2.2M | 75x | as long as short |
| Deribit BNB_USDC-PERPETUALshort | +0.0200% | 1h | 785.59 | +0.058% | $1.5M | $141K | 25x | |
| GRVT BNB_USDT_Perp | +0.0216% | 8h | 785.20 | +0.008% | $2.9M | $28.2M | 10x | as long as short |
| Bulk BNB-USD | +0.0231% | 1h | 784.93 | −0.025% | $636K | $831 | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0248% | 1h | 785.82 | +0.088% | $28K | $4K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0320% | 1h | 784.93 | −0.026% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0350% | 1h | 785.44 | +0.039% | $1.1M | $909K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0448% | 1h | 785.00 | −0.017% | $67K | $39K | 12x | as long as short |
Binance BNBUSDT
Phemex BNBUSDT
Lighter BNB
Phoenix BNB
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
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
Coinbase International BNB-PERP-INTX
dYdX BNB-USD
BloFin BNB-USDT
GRVT BNB_USDT_Perp
Bulk BNB-USD
01 Exchange BNBUSD
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P