BNB

Alert

Funding spread now, next payment 19:00 UTC+0.0215%/8h

next payment, per $10,000+$0.27paid, last 24h−0.012%paid, last 7 days−0.036%to open and close $10k−$30

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.036% in total (about -1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.27 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit BNB_USDC-PERPETUAL	800.39	0.0200	pay 0.0025% / 1h	42m 16s	$1.6M	$168K	25x
Short	Backpack BNB_USDC_PERP	801.08	0.0415	get 0.0052% / 1h	42m 16s	$2.9M	$5.2M	40x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee DeribitbpFee BackpackbpOrdersRate

Funding earned: $45.18
Slippage, 4 orders: −$12.9
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Backpack: 5 bp × 2 orders: −$10
Net: $15.28
Break-even: 4.6 days

Slippage from Deribit: live order book, 3 min ago; Backpack: live order book, 3 min ago.

Price risk

price view

Price gap now: +0.086%
Avg gap 7d: +0.008%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Deribit live order book, 3 min ago	1.75 bp	10.0 bp −$10	16.1 bp −$161	doesn't fit	doesn't fit
Sell Backpack live order book, 3 min ago	0.06 bp	6.2 bp −$6	9.8 bp −$98	doesn't fit	doesn't fit

BNB on 45 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
GMX BNB/USD [WBTC.b-USDC]	L −0.0195% / S +0.0370%	1h	$48K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	$4K	$1K	25x	as long as short
StandX BNB-USD	0.0000%	1h	$866K	$3.2M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0008%	1h	$9.7M	—	150x	as long as short
BingX BNB-USDT	+0.0011%	8h	—	$33.7M	—	as long as short
Variational Omni BNB	+0.0033%	8h	$4.1M	$6.4M	—	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	$19K	$387K	30x	as long as short
Kraken Futures PF_BNBUSD	+0.0041%	1h	$2.5M	$910K	50x	as long as short
Bybit BNBUSDT	+0.0044%	8h	$138.6M	$92.4M	75x	as long as short
Coinbase International BNB-PERP-INTX	+0.0064%	1h	$600K	$920K	50x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Phemex BNBUSDT	+0.0073%	8h	$70.1M	$51.6M	50x	as long as short
Lighter BNB	+0.0096%	1h	$2.7M	$3.4M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	$1.5M	$2.8M	20x	as long as short
Pacifica BNB	+0.0100%	1h	$1.2M	$913K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	$54.9M	$116.6M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	$52K	$239K	10x	as long as short
Bulk BNB-USD	+0.0100%	1h	$650K	$83K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	$35.9M	$60.4M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	$27.9M	$10.6M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	$78.2M	$25.1M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	$4.2M	$77.9M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	$159K	$436K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	$121K	$882K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	$387K	$695K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	$13K	$1.7M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	$8.2M	$6.6M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	$78K	$19K	50x	as long as short
Aster BNBUSDT	+0.0100%	8h	$6.3M	$18.9M	200x	as long as short
MEXC BNB_USDT	+0.0102%	8h	$84.0M	$16.0M	200x	as long as short
Binance BNBUSDT	+0.0103%	8h	$516.5M	$811.0M	75x	as long as short
Extended BNB-USD	+0.0104%	1h	$1.8M	$6.5M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	$384K	$40K	10x	as long as short
Kalshi KXBNBPERP	+0.0108%	8h	$107K	$2.9M	4.8x	as long as short
SoDEX BNB-USD	+0.0114%	1h	$393K	$1.0M	10x	as long as short
RISEx BNB/USDC	+0.0118%	1h	$1.1M	$1.5M	20x	as long as short
Phoenix BNB	+0.0119%	1h	$170K	$28K	10x	as long as short
Hibachi BNB/USDT-P	+0.0200%	1h	$71K	$47K	12x	as long as short
Deribit BNB_USDC-PERPETUALlong	+0.0200%	1h	$1.6M	$168K	25x
BloFin BNB-USDT	+0.0222%	8h	$18.9M	$3.1M	75x	as long as short
01 Exchange BNBUSD	+0.0304%	1h	$28K	$1K	10x	as long as short
Hyperliquid BNB	+0.0323%	1h	$52.0M	$21.1M	10x	as long as short
dYdX BNB-USD	+0.0332%	1h	$173K	$50K	10x	as long as short
Reya BNBRUSDPERP	+0.0332%	1h	$9K	—	40x	as long as short
Backpack BNB_USDC_PERPshort	+0.0415%	1h	$2.9M	$5.2M	40x