Funding you earn now, next payment 01:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h −0.003%
Price spread now: ApeX Omni against Binance+0.196%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$10as in the Price arb table
costs, in and out, $10k−$310.310% of the position
Funding, last 7 days+0.060%+$6 on $10k
+Price spread, last 3 days (all we have)−0.189%−$19 · spread now +0.196%, 7d avg −0.016%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and ApeX Omni is 0.212% dearer against Binance than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of −0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BNBUSDT | 796.52 | 0.0068 | pay 0.0068% / 8h | 7h 03m | $495.8M | $813.2M | 75x |
| Short | ApeX Omni BNBUSDT | 798.08 | 0.0100 | get 0.0013% / 1h | 3m 19s | $161K | $436K | 50x |
Binance BNBUSDT
ApeX Omni BNBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Binance. 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
- $6.7
- Price spread: +0.196% → −0.016%
- $21.22
- Slippage, 4 orders
- −$10.97
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$3.04
- Costs to cover
- 0.310%
- Break-even
- 10.2 days
Slippage from Binance: live order book, 11 min ago; ApeX Omni: live order book, 4 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 Binance live order book, 11 min ago | 0.06 bp | 5.1 bp −$5 | 6.2 bp −$62 | 18.2 bp −$1,816 | doesn't fit |
| Sell ApeX Omni live order book, 4 min ago | 1.50 bp | 13.4 bp −$13 | 35.1 bp −$351 | 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 | 795.94 | −0.073% | $47K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0121% | 1h | 796.89 | +0.047% | $2.5M | $1.0M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 796.50 | −0.002% | $4K | $239 | 25x | as long as short |
| Gate BNB_USDT | −0.0002% | 8h | 795.70 | −0.103% | $35.8M | $57.3M | 75x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 797.56 | +0.131% | $3.0M | $27.9M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 798.24 | +0.216% | $863K | $3.0M | 30x | as long as short |
| Phemex BNBUSDT | 0.0000% | 8h | 797.49 | +0.122% | $69.6M | $50.2M | 50x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 796.02 | −0.062% | $9.7M | — | 150x | as long as short |
| Variational Omni BNB | +0.0009% | 8h | 796.50 | −0.002% | $4.1M | $5.1M | — | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +1.076% | $19K | $789K | 30x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Hotstuff BNB-PERP
Gate BNB_USDT
GRVT BNB_USDT_Perp
StandX BNB-USD
Phemex BNBUSDT
gTrade (Gains Network) BNB/USD
Variational Omni BNB
Injective BNB/USDC PERPShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BNBUSDT | +0.0044% | 8h | 796.34 | −0.023% | $6.1M | $19.6M | 200x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0048% | 1h | 797.60 | +0.136% | $610K | $1.1M | 50x | as long as short |
| BingX BNB-USDC | +0.0057% | 8h | 796.41 | −0.014% | — | $13.3M | — | as long as short |
| Binance BNBUSDTlong | +0.0068% | 8h | 796.52 | long leg | $495.8M | $813.2M | 75x | |
| Bybit BNBUSDT | +0.0068% | 8h | 795.80 | −0.090% | $138.5M | $76.4M | 75x | as long as short |
| MEXC BNB_USDT | +0.0069% | 8h | 797.00 | +0.061% | $82.8M | $13.7M | 200x | as long as short |
| Lighter BNB | +0.0096% | 1h | 796.64 | +0.015% | $2.8M | $4.0M | 20x | as long as short |
| Phoenix BNB | +0.0099% | 1h | 797.27 | +0.094% | $171K | $36K | 10x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 796.20 | −0.040% | $1.4M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 796.57 | +0.007% | $1.2M | $930K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 795.90 | −0.078% | $54.0M | $110.7M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 796.40 | −0.015% | $52K | $127K | 10x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 795.91 | −0.076% | $27.8M | $10.0M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 795.66 | −0.108% | $77.9M | $28.1M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 797.71 | +0.150% | $4.1M | $76.3M | 30x | as long as short |
| ApeX Omni BNBUSDTshort | +0.0100% | 1h | 798.08 | +0.196% | $161K | $436K | 50x | |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 796.05 | −0.059% | $111K | $887K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 796.10 | −0.052% | $385K | $468K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 796.26 | −0.033% | $32K | $9K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 797.83 | +0.165% | $13K | $1.6M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 797.30 | +0.098% | $392K | $995K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 796.96 | +0.056% | $8.2M | $8.4M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 796.88 | +0.045% | $78K | $18K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 795.72 | −0.101% | $1.8M | $6.0M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 796.09 | −0.054% | $382K | $110K | 10x | as long as short |
| Bulk BNB-USD | +0.0133% | 1h | 798.69 | +0.273% | $649K | $10K | 10x | as long as short |
| RISEx BNB/USDC | +0.0155% | 1h | 796.11 | −0.052% | $1.1M | $1.4M | 20x | as long as short |
| Kalshi KXBNBPERP | +0.0164% | 8h | 797.90 | +0.174% | $104K | $2.8M | 4.8x | as long as short |
| dYdX BNB-USD | +0.0188% | 1h | 796.05 | −0.058% | $161K | $63K | 10x | as long as short |
| BloFin BNB-USDT | +0.0190% | 8h | 797.60 | +0.136% | $18.1M | $2.5M | 75x | as long as short |
| 01 Exchange BNBUSD | +0.0200% | 1h | 796.79 | +0.034% | $28K | $1K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 797.76 | +0.157% | $1.6M | $161K | 25x | as long as short |
| Hyperliquid BNB | +0.0279% | 1h | 796.98 | +0.058% | $53.0M | $20.1M | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0329% | 1h | 795.80 | −0.091% | $6K | $3K | 40x | as long as short |
| Hibachi BNB/USDT-P | +0.0400% | 1h | 797.86 | +0.168% | $68K | $38K | 12x | as long as short |
| Backpack BNB_USDC_PERP | +0.0426% | 1h | 797.55 | +0.130% | $2.7M | $5.7M | 40x | as long as short |
Aster BNBUSDT
Coinbase International BNB-PERP-INTX
BingX BNB-USDC
Bybit BNBUSDT
MEXC BNB_USDT
Lighter BNB
Phoenix BNB
Nado BNB-PERP
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
KuCoin BNBUSDTM
Bitget BNBUSDT
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
Bulk BNB-USD
RISEx BNB/USDC
Kalshi KXBNBPERP
dYdX BNB-USD
BloFin BNB-USDT
01 Exchange BNBUSD
Deribit BNB_USDC-PERPETUAL
Hyperliquid BNB
Reya BNBRUSDPERP
Hibachi BNB/USDT-P
Backpack BNB_USDC_PERP