Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Orderly against Bitget−0.001%7-day average +0.071% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.044%+$4 on $10k
+Price spread, last 4 days (all we have)−0.023%−$2 · spread now −0.001%, 7d avg +0.071%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.072% cheaper against Bitget than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.071%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BNBUSDT | 789.56 | 0.0100 | pay 0.0100% / 8h | 4h 41m | $76.4M | $30.3M | 75x |
| Short | Orderly PERP_BNB_USDC | 789.55 | 0.0100 | get 0.0100% / 8h | 4h 41m | $266K | $492K | 50x |
Bitget BNBUSDT
Orderly PERP_BNB_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Bitget. 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
- −$0.01
- Price spread: −0.001% → +0.071%
- −$7.24
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$25.25
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 3 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 Bitget live order book, 3 min ago | 0.06 bp | 6.8 bp −$7 | 8.7 bp −$87 | 19.9 bp −$1,989 | 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 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 −0.0184% / S +0.0349% | 1h | 789.30 | −0.033% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 789.71 | +0.019% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 790.66 | +0.139% | $855K | $3.2M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 789.35 | −0.026% | $9.5M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +1.967% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0040% | 8h | 790.05 | +0.062% | $6.1M | $18.7M | 200x | as long as short |
| BingX BNB-USDC | +0.0054% | 8h | 789.73 | +0.022% | — | $13.4M | — | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0064% | 1h | 789.45 | −0.014% | $582K | $1.9M | 50x | as long as short |
| MEXC BNB_USDT | +0.0066% | 8h | 790.30 | +0.094% | $80.2M | $12.3M | 200x | as long as short |
| Binance BNBUSDT | +0.0066% | 8h | 790.42 | +0.109% | $493.2M | $789.2M | 75x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
Aster BNBUSDT
BingX BNB-USDC
Coinbase International BNB-PERP-INTX
MEXC BNB_USDT
Binance BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex BNBUSDT | +0.0073% | 8h | 790.08 | +0.066% | $69.1M | $50.1M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 789.63 | +0.009% | $2.7M | $3.8M | 20x | as long as short |
| Orderly PERP_BNB_USDCshort | +0.0100% | 8h | 789.55 | −0.001% | $266K | $492K | 50x | |
| Nado BNB-PERP | +0.0100% | 1h | 788.95 | −0.077% | $1.5M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 790.17 | +0.077% | $51.9M | $17.5M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 789.51 | −0.006% | $1.2M | $931K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 789.61 | +0.006% | $138.8M | $74.7M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 789.60 | +0.005% | $53.4M | $111.2M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 789.60 | +0.005% | $52K | $130K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 789.55 | −0.001% | $35.4M | $56.7M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 789.27 | −0.037% | $27.6M | $10.3M | 75x | as long as short |
| Bitget BNBUSDTlong | +0.0100% | 8h | 789.56 | long leg | $76.4M | $30.3M | 75x | |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 789.92 | +0.046% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 788.90 | −0.083% | $4.1M | $4.6M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 790.18 | +0.078% | $4.1M | $73.5M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 789.85 | +0.037% | $159K | $440K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 789.23 | −0.042% | $133K | $950K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 789.64 | +0.010% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 790.06 | +0.063% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 789.60 | +0.005% | $388K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 789.39 | −0.022% | $8.1M | $9.4M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0101% | 8h | 789.98 | +0.053% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 789.40 | −0.020% | $1.8M | $5.9M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 789.52 | −0.005% | $379K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0117% | 1h | 789.39 | −0.022% | $170K | $35K | 10x | as long as short |
| dYdX BNB-USD | +0.0122% | 1h | 788.95 | −0.077% | $160K | $64K | 10x | as long as short |
| GRVT BNB_USDT_Perp | +0.0136% | 8h | 789.89 | +0.042% | $2.9M | $28.0M | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0181% | 8h | 789.70 | +0.018% | $124K | $2.7M | 4.8x | as long as short |
| BloFin BNB-USDT | +0.0186% | 8h | 790.09 | +0.067% | $18.1M | $2.2M | 75x | as long as short |
| 01 Exchange BNBUSD | +0.0224% | 1h | 789.89 | +0.042% | $28K | $4K | 10x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0263% | 1h | 789.26 | −0.038% | $2.5M | $1.2M | 50x | as long as short |
| Bulk BNB-USD | +0.0272% | 1h | 789.78 | +0.028% | $640K | $9K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 789.96 | +0.051% | $1.5M | $143K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0326% | 1h | 788.90 | −0.084% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0461% | 1h | 789.58 | +0.003% | $1.1M | $975K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0496% | 1h | 789.46 | −0.013% | $67K | $38K | 12x | as long as short |
Phemex BNBUSDT
Lighter BNB
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Backpack BNB_USDC_PERP
Variational Omni BNB
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
Phoenix BNB
dYdX BNB-USD
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
BloFin BNB-USDT
01 Exchange BNBUSD
Kraken Futures PF_BNBUSD
Bulk BNB-USD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P