Funding you earn now, next payment 21:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%
Price spread now: Arcus against Derive+0.021%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: Arcus is 0.021% dearer against Derive than usual: you sell high and buy low, +$2 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 | Derive BNB-PERP | 785.23 | 0.0100 | pay 0.0013% / 1h | 10m 11s | $34K | $10K | 10x |
| Short | Arcus BNB-USD | 785.40 | 0.0100 | get 0.0013% / 1h | 10m 11s | $39K | $68K | 10x |
Derive BNB-PERP
Arcus BNB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Derive. 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: +0.021% → 0.000%
- $2.13
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$8.37
- Costs to cover
- 0.105%
- Break-even
- never at this rate
Slippage unknown: Derive: no order-book sample; Arcus: 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 Derive no order-book sample | — | — | — | — | — |
| Sell Arcus no order-book sample | — | — | — | — | — |
Derive and Arcus: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BNBUSD | −0.0183% | 1h | 785.24 | 0.000% | $2.6M | $1.1M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 785.41 | +0.023% | $4K | — | 25x | as long as short |
| Variational Omni BNB | −0.0030% | 8h | 785.32 | +0.011% | $4.6M | $2.3M | — | as long as short |
| Bybit BNBUSDT | −0.0019% | 8h | 784.70 | −0.068% | $137.6M | $51.5M | 75x | as long as short |
| Aster BNBUSDT | 0.0000% | 8h | 785.53 | +0.038% | $6.0M | $12.5M | 200x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 785.40 | +0.021% | $90K | $1.9M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 785.78 | +0.070% | $851K | $3.0M | 30x | as long as short |
| MEXC BNB_USDT | +0.0003% | 8h | 786.30 | +0.136% | $82.8M | $8.4M | 200x | as long as short |
| Binance BNBUSDT | +0.0003% | 8h | 785.61 | +0.048% | $464.6M | $586.1M | 75x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 785.20 | −0.004% | $9.5M | — | 150x | as long as short |
Kraken Futures PF_BNBUSD
Hotstuff BNB-PERP
Variational Omni BNB
Bybit BNBUSDT
Aster BNBUSDT
Kalshi KXBNBPERP
StandX BNB-USD
MEXC BNB_USDT
Binance BNBUSDT
gTrade (Gains Network) BNB/USDShow all 46 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin BNB-USDT | +0.0014% | 8h | 785.74 | +0.065% | $18.7M | $2.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0016% | 8h | 784.71 | −0.067% | $74.6M | $25.3M | 75x | as long as short |
| Extended BNB-USD | +0.0032% | 1h | 784.97 | −0.034% | $2.1M | $3.4M | 50x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 786.87 | +0.209% | $19K | $502K | 30x | as long as short |
| Hibachi BNB/USDT-P | +0.0048% | 1h | 785.20 | −0.004% | $67K | $16K | 12x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0064% | 1h | 786.25 | +0.130% | $555K | $1.6M | 50x | as long as short |
| BingX BNB-USDC | +0.0078% | 8h | 785.40 | +0.021% | — | $13.4M | — | as long as short |
| OKX BNB-USDT-SWAP | +0.0079% | 8h | 785.00 | −0.030% | $53.2M | $70.4M | 50x | as long as short |
| KuCoin BNBUSDTM | +0.0090% | 8h | 784.98 | −0.032% | $28.0M | $8.1M | 75x | as long as short |
| Lighter BNB | +0.0096% | 1h | 785.22 | −0.001% | $2.7M | $2.2M | 20x | as long as short |
| RISEx BNB/USDC | +0.0099% | 1h | 785.21 | −0.003% | $1.2M | $888K | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 784.74 | −0.063% | $1.4M | $1.5M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 785.69 | +0.058% | $52.4M | $11.4M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 785.25 | +0.002% | $1.3M | $401K | 20x | as long as short |
| Arcus BNB-USDshort | +0.0100% | 1h | 785.40 | +0.021% | $39K | $68K | 10x | |
| Bulk BNB-USD | +0.0100% | 1h | 786.16 | +0.118% | $629K | $7K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 784.95 | −0.036% | $53.7M | $46.5M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 785.52 | +0.037% | $2.2M | $2.5M | 40x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 785.81 | +0.074% | $4.1M | $53.5M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 785.47 | +0.030% | $168K | $458K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 784.97 | −0.033% | $133K | $224K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 785.51 | +0.035% | $263K | $345K | 50x | as long as short |
| Derive BNB-PERPlong | +0.0100% | 1h | 785.23 | long leg | $34K | $10K | 10x | |
| SunX BNB-USDT | +0.0100% | 8h | 785.60 | +0.047% | $12K | $906K | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 785.20 | −0.004% | $385K | $998K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 785.57 | +0.042% | $1.5M | $46K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 785.23 | 0.000% | $8.0M | $7.1M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 785.59 | +0.046% | $82K | $3.2M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 785.23 | −0.001% | $377K | $106K | 10x | as long as short |
| Phoenix BNB | +0.0106% | 1h | 785.69 | +0.058% | $156K | $37K | 10x | as long as short |
| Phemex BNBUSDT | +0.0128% | 8h | 785.67 | +0.056% | $67.5M | $46.5M | 50x | as long as short |
| GMX BNB/USD [WBTC.b-USDC] | L +0.0194% / S +0.0032% | 1h | 785.16 | −0.009% | $55K | — | 200x | as long as short |
| GRVT BNB_USDT_Perp | +0.0221% | 8h | 786.28 | +0.133% | $2.9M | $26.9M | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0280% | 1h | 785.86 | +0.080% | $28K | $3K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0302% | 1h | 784.96 | −0.035% | $6K | — | 40x | as long as short |
| dYdX BNB-USD | +0.0704% | 1h | 785.46 | +0.029% | $158K | $15K | 10x | as long as short |
BloFin BNB-USDT
Bitget BNBUSDT
Extended BNB-USD
Injective BNB/USDC PERP
Hibachi BNB/USDT-P
Coinbase International BNB-PERP-INTX
BingX BNB-USDC
OKX BNB-USDT-SWAP
KuCoin BNBUSDTM
Lighter BNB
RISEx BNB/USDC
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bulk BNB-USD
Gate BNB_USDT
Backpack BNB_USDC_PERP
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
SunX BNB-USDT
SoDEX BNB-USD
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
Aevo BNB-PERP
Phoenix BNB
Phemex BNBUSDT
GMX BNB/USD [WBTC.b-USDC]
GRVT BNB_USDT_Perp
01 Exchange BNBUSD
Reya BNBRUSDPERP
dYdX BNB-USD