Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.004%
Price spread now: Derive against Bybit+0.156%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Derive is 0.156% dearer against Bybit than usual: you sell high and buy low, +$16 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BNBUSDT | 792.00 | 0.0100 | pay 0.0100% / 8h | 6h 42m | $138.0M | $77.2M | 75x |
| Short | Derive BNB-PERP | 793.23 | 0.0100 | get 0.0013% / 1h | 42m 51s | $32K | $9K | 10x |
Bybit BNBUSDT
Derive BNB-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Derive against Bybit. 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: +0.156% → 0.000%
- $15.58
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- −$1.42
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 1 min ago; Derive: 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 Bybit live order book, 1 min ago | 0.63 bp | 6.1 bp −$6 | 7.7 bp −$77 | 20.4 bp −$2,040 | 151.2 bp −$75.6K |
| Sell Derive no order-book sample | — | — | — | — | — |
Derive: 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 −0.0167% / S +0.0335% | 1h | 793.27 | +0.160% | $46K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0132% | 1h | 793.02 | +0.128% | $2.5M | $1.0M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 793.65 | +0.208% | $4K | $239 | 25x | as long as short |
| Gate BNB_USDT | −0.0009% | 8h | 791.90 | −0.013% | $35.3M | $55.4M | 75x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 793.84 | +0.232% | $858K | $3.1M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 793.25 | +0.158% | $9.7M | — | 150x | as long as short |
| Variational Omni BNB | +0.0010% | 8h | 792.53 | +0.067% | $4.1M | $5.0M | — | as long as short |
| GRVT BNB_USDT_Perp | +0.0011% | 8h | 793.23 | +0.155% | $3.0M | $28.4M | 10x | as long as short |
| Phemex BNBUSDT | +0.0018% | 8h | 793.54 | +0.194% | $69.3M | $50.3M | 50x | as long as short |
| Aster BNBUSDT | +0.0031% | 8h | 792.84 | +0.106% | $6.1M | $19.9M | 200x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Hotstuff BNB-PERP
Gate BNB_USDT
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Variational Omni BNB
GRVT BNB_USDT_Perp
Phemex BNBUSDT
Aster BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +1.653% | $19K | $789K | 30x | as long as short |
| dYdX BNB-USD | +0.0039% | 1h | 793.18 | +0.149% | $160K | $63K | 10x | as long as short |
| BingX BNB-USDC | +0.0050% | 8h | 792.59 | +0.074% | — | $13.3M | — | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0056% | 1h | 792.52 | +0.066% | $608K | $1.1M | 50x | as long as short |
| MEXC BNB_USDT | +0.0061% | 8h | 792.70 | +0.088% | $82.2M | $12.7M | 200x | as long as short |
| Binance BNBUSDT | +0.0061% | 8h | 792.45 | +0.057% | $492.6M | $816.2M | 75x | as long as short |
| Phoenix BNB | +0.0088% | 1h | 793.02 | +0.129% | $170K | $36K | 10x | as long as short |
| Lighter BNB | +0.0096% | 1h | 793.23 | +0.155% | $2.8M | $3.9M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 793.06 | +0.134% | $383K | $409K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 793.25 | +0.158% | $1.4M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 793.70 | +0.215% | $1.2M | $932K | 20x | as long as short |
| Bybit BNBUSDTlong | +0.0100% | 8h | 792.00 | long leg | $138.0M | $77.2M | 75x | |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 791.90 | −0.013% | $53.1M | $111.0M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 793.50 | +0.189% | $52K | $134K | 10x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 791.96 | −0.005% | $27.7M | $10.0M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 791.68 | −0.040% | $77.3M | $28.3M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 793.14 | +0.144% | $4.1M | $76.9M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 793.32 | +0.167% | $160K | $435K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 793.25 | +0.158% | $111K | $889K | 10x | as long as short |
| Derive BNB-PERPshort | +0.0100% | 1h | 793.23 | +0.156% | $32K | $9K | 10x | |
| SunX BNB-USDT | +0.0100% | 8h | 794.07 | +0.261% | $13K | $1.6M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 793.20 | +0.152% | $390K | $995K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 793.04 | +0.131% | $8.1M | $8.7M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 793.89 | +0.239% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 791.75 | −0.031% | $1.7M | $6.0M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 793.15 | +0.145% | $381K | $110K | 10x | as long as short |
| Hyperliquid BNB | +0.0121% | 1h | 793.18 | +0.149% | $52.6M | $19.9M | 10x | as long as short |
| RISEx BNB/USDC | +0.0131% | 1h | 793.47 | +0.185% | $1.1M | $1.4M | 20x | as long as short |
| Kalshi KXBNBPERP | +0.0160% | 8h | 793.80 | +0.227% | $111K | $2.8M | 4.8x | as long as short |
| Bulk BNB-USD | +0.0167% | 1h | 793.21 | +0.153% | $644K | $10K | 10x | as long as short |
| BloFin BNB-USDT | +0.0182% | 8h | 794.06 | +0.260% | $18.1M | $2.5M | 75x | as long as short |
| 01 Exchange BNBUSD | +0.0240% | 1h | 793.90 | +0.240% | $28K | $2K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0329% | 1h | 793.06 | +0.134% | $6K | $3K | 40x | as long as short |
| Backpack BNB_USDC_PERP | +0.0386% | 1h | 793.52 | +0.192% | $2.7M | $5.7M | 40x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0400% | 1h | 793.58 | +0.200% | $1.6M | $161K | 25x | as long as short |
| Hibachi BNB/USDT-P | +0.0480% | 1h | 792.90 | +0.113% | $68K | $38K | 12x | as long as short |
Injective BNB/USDC PERP
dYdX BNB-USD
BingX BNB-USDC
Coinbase International BNB-PERP-INTX
MEXC BNB_USDT
Binance BNBUSDT
Phoenix BNB
Lighter BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Hyperliquid BNB
RISEx BNB/USDC
Kalshi KXBNBPERP
Bulk BNB-USD
BloFin BNB-USDT
01 Exchange BNBUSD
Reya BNBRUSDPERP
Backpack BNB_USDC_PERP
Deribit BNB_USDC-PERPETUAL
Hibachi BNB/USDT-P