Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Orderly against ApeX Omni−0.105%70s7-day average −0.035% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.077%+$8 · spread now −0.105%, 7d avg −0.035%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.070% cheaper against ApeX Omni than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.035%. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni BNBUSDT | 786.89 | 0.0100 | pay 0.0013% / 1h | 25m 39s | $158K | $461K | 50x |
| Short | Orderly PERP_BNB_USDC | 786.06 | 0.0100 | get 0.0100% / 8h | 4h 25m | $264K | $258K | 50x |
ApeX Omni BNBUSDT
Orderly PERP_BNB_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $0
- Price spread: −0.105% → −0.035%
- −$7.03
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$23.03
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: ApeX Omni: live order book, 15 min ago; Orderly: no order-book sample. 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 ApeX Omni live order book, 15 min ago | 5.21 bp | 10.2 bp −$10 | 31.9 bp −$319 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 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 | 785.97 | −0.117% | $43K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0138% | 1h | 786.07 | −0.105% | $2.6M | $1.3M | 50x | as long as short |
| Bybit BNBUSDT | −0.0074% | 8h | 785.70 | −0.151% | $138.8M | $64.7M | 75x | as long as short |
| BingX BNB-USDT | −0.0073% | 8h | 786.02 | −0.111% | — | $50.2M | — | as long as short |
| Aster BNBUSDT | 0.0000% | 8h | 786.59 | −0.038% | $5.9M | $16.5M | 200x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 786.62 | −0.035% | $2.9M | $26.7M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 786.60 | −0.037% | $171K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 786.39 | −0.064% | $848K | $3.0M | 30x | as long as short |
| MEXC BNB_USDT | +0.0005% | 8h | 787.70 | +0.103% | $83.4M | $11.5M | 200x | as long as short |
| Binance BNBUSDT | +0.0005% | 8h | 786.59 | −0.039% | $480.2M | $736.8M | 75x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Bybit BNBUSDT
BingX BNB-USDT
Aster BNBUSDT
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
MEXC BNB_USDT
Binance BNBUSDTShow all 45 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 785.95 | −0.119% | $9.5M | — | 150x | as long as short |
| BloFin BNB-USDT | +0.0023% | 8h | 786.44 | −0.057% | $18.6M | $2.2M | 75x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.313% | $19K | $789K | 30x | as long as short |
| Variational Omni BNB | +0.0063% | 8h | 785.53 | −0.173% | $4.3M | $3.9M | — | as long as short |
| Phemex BNBUSDT | +0.0080% | 8h | 786.64 | −0.032% | $68.2M | $49.7M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 786.21 | −0.086% | $2.7M | $3.0M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 785.59 | −0.166% | $1.3M | $2.2M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 786.69 | −0.025% | $52.1M | $16.3M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 786.28 | −0.078% | $1.2M | $927K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 785.70 | −0.151% | $53.3M | $97.5M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 786.10 | −0.100% | $57K | $72K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 785.80 | −0.139% | $42.5M | $52.0M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 785.83 | −0.135% | $28.2M | $9.4M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 785.58 | −0.166% | $75.9M | $30.5M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 786.49 | −0.051% | $2.2M | $6.0M | 40x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 786.13 | −0.097% | $4.1M | $70.9M | 30x | as long as short |
| ApeX Omni BNBUSDTlong | +0.0100% | 1h | 786.89 | long leg | $158K | $461K | 50x | |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 785.89 | −0.127% | $126K | $911K | 10x | as long as short |
| Orderly PERP_BNB_USDCshort | +0.0100% | 8h | 786.06 | −0.105% | $264K | $258K | 50x | |
| Derive BNB-PERP | +0.0100% | 1h | 786.21 | −0.087% | $31K | $10K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 786.61 | −0.035% | $12K | $1.3M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 786.20 | −0.088% | $386K | $911K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 786.36 | −0.067% | $1.5M | $127K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 786.36 | −0.067% | $8.0M | $9.9M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 786.34 | −0.070% | $78K | $1.3M | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 785.37 | −0.193% | $1.8M | $5.4M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 785.92 | −0.123% | $378K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0116% | 1h | 785.99 | −0.114% | $158K | $45K | 10x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0136% | 1h | 786.48 | −0.052% | $537K | $1.7M | 50x | as long as short |
| dYdX BNB-USD | +0.0211% | 1h | 785.81 | −0.137% | $158K | $31K | 10x | as long as short |
| Hibachi BNB/USDT-P | +0.0224% | 1h | 785.79 | −0.139% | $67K | $32K | 12x | as long as short |
| 01 Exchange BNBUSD | +0.0256% | 1h | 786.35 | −0.069% | $28K | $3K | 10x | as long as short |
| Bulk BNB-USD | +0.0269% | 1h | 787.35 | +0.058% | $637K | $13K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0315% | 1h | 785.55 | −0.171% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0391% | 1h | 786.07 | −0.104% | $1.1M | $897K | 20x | as long as short |
gTrade (Gains Network) BNB/USD
BloFin BNB-USDT
Injective BNB/USDC PERP
Variational Omni BNB
Phemex BNBUSDT
Lighter BNB
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
edgeX BNBUSDC
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
Coinbase International BNB-PERP-INTX
dYdX BNB-USD
Hibachi BNB/USDT-P
01 Exchange BNBUSD
Bulk BNB-USD
Reya BNBRUSDPERP
RISEx BNB/USDC