BNB

Alert

Funding spread now, next payment 16:00 UTC+0.0389%/8h

next payment, per $10,000+$0.49paid, last 24h+0.007%paid, last 7 days−0.176%to open and close $10k−$40

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.176% in total (about -9.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.49 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	802.25	0.0200	pay 0.0025% / 1h	38m 15s	$1.6M	$155K	25x
Short	Kraken Futures PF_BNBUSD	801.67	0.0589	get 0.0074% / 1h	38m 15s	$2.5M	$811K	50x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee DeribitbpFee Kraken FuturesbpOrdersRate

Funding earned: $81.61
Slippage, 4 orders: −$22.94
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $41.67
Break-even: 3.4 days

Slippage from Deribit: live order book, 2 min ago; Kraken Futures: live order book, 2 min ago.

Price risk

price view

Price gap now: −0.072%
Avg gap 7d: −0.051%

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, 2 min ago	3.79 bp	9.1 bp −$9	15.7 bp −$157	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 2 min ago	4.30 bp	10.6 bp −$11	13.3 bp −$133	29.0 bp −$2,904	85.8 bp −$42.9K

BNB on 45 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Hotstuff BNB-PERP	−0.0080%	1h	$4K	$1K	25x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	$163K	$2.5M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	$868K	$3.4M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0008%	1h	$9.7M	—	150x	as long as short
GMX BNB/USD [WBTC.b-USDC]	L +0.0034% / S +0.0172%	1h	$54K	—	200x	as long as short
Variational Omni BNB	+0.0039%	8h	$4.1M	$6.5M	—	as long as short
BingX BNB-USDC	+0.0039%	8h	—	$13.1M	—	as long as short
Bybit BNBUSDT	+0.0067%	8h	$140.9M	$88.9M	75x	as long as short
Coinbase International BNB-PERP-INTX	+0.0072%	1h	$606K	$815K	50x	as long as short
Lighter BNB	+0.0096%	1h	$2.6M	$3.3M	20x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Phemex BNBUSDT	+0.0096%	8h	$70.6M	$52.2M	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	$1.5M	$2.9M	20x	as long as short
Pacifica BNB	+0.0100%	1h	$1.2M	$905K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	$54.6M	$109.6M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	$52K	$239K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	$36.4M	$56.5M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	$28.1M	$10.4M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	$77.1M	$23.1M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	$4.2M	$72.9M	30x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	$108K	$862K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	$299K	$642K	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	$4.9M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	$78K	$605K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	$1.8M	$6.3M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	$385K	$37K	10x	as long as short
MEXC BNB_USDT	+0.0111%	8h	$84.3M	$15.8M	200x	as long as short
Binance BNBUSDT	+0.0112%	8h	$522.0M	$774.8M	75x	as long as short
Aster BNBUSDT	+0.0121%	8h	$6.2M	$19.4M	200x	as long as short
SoDEX BNB-USD	+0.0163%	1h	$395K	$1.0M	10x	as long as short
Phoenix BNB	+0.0172%	1h	$172K	$30K	10x	as long as short
Deribit BNB_USDC-PERPETUALlong	+0.0200%	1h	$1.6M	$155K	25x
RISEx BNB/USDC	+0.0202%	1h	$1.2M	$1.5M	20x	as long as short
ApeX Omni BNBUSDT	+0.0209%	1h	$167K	$426K	50x	as long as short
BloFin BNB-USDT	+0.0232%	8h	$19.5M	$2.9M	75x	as long as short
Injective BNB/USDC PERP	+0.0306%	1h	$19K	$620K	30x	as long as short
Reya BNBRUSDPERP	+0.0326%	1h	$9K	—	40x	as long as short
01 Exchange BNBUSD	+0.0360%	1h	$28K	$1K	10x	as long as short
Hyperliquid BNB	+0.0421%	1h	$50.8M	$20.3M	10x	as long as short
Bulk BNB-USD	+0.0427%	1h	$641K	$138K	10x	as long as short
Backpack BNB_USDC_PERP	+0.0443%	1h	$2.2M	$2.8M	40x	as long as short
Hibachi BNB/USDT-P	+0.0472%	1h	$71K	$46K	12x	as long as short
Kraken Futures PF_BNBUSDshort	+0.0589%	1h	$2.5M	$811K	50x
dYdX BNB-USD	+0.0701%	1h	$174K	$54K	10x	as long as short