BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0253%/8h= +27.8% APRnext payment +$0.32 per $10,000 · paid last 24h +0.107%

Price spread now: dYdX against Derive+0.013%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Derive Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 3 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$8 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Derive BNB-PERP	799.18	0.0100	pay 0.0013% / 1h	6m 43s	$32K	$5K	10x
Short	dYdX BNB-USD	799.29	0.0353	get 0.0044% / 1h	6m 43s	$161K	$62K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Derive. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee DerivebpFee dYdXbpOrdersPrice spread, now +0.013%Rate

Funding earned: $53.23
Price spread: +0.013% → 0.000%: $1.34
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee dYdX: 5 bp × 2 orders: −$10
Net: $38.57
Costs to cover: 0.160%
Break-even: 1.9 days

Slippage unknown: Derive: no order-book sample; dYdX: live order book, 12 min ago. 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 dYdX live order book, 12 min ago	14.76 bp	20.0 bp −$20	46.2 bp −$462	63.2 bp −$6,320	126.0 bp −$63.0K

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 −0.0201% / S +0.0372%	1h	799.09	−0.011%	$47K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	799.59	+0.051%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	800.27	+0.136%	$3.0M	$29.0M	10x	as long as short
StandX BNB-USD	0.0000%	1h	800.56	+0.172%	$865K	$2.9M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	799.05	−0.017%	$9.7M	—	150x	as long as short
Variational Omni BNB	+0.0030%	8h	799.14	−0.005%	$4.2M	$5.4M	—	as long as short
BingX BNB-USDC	+0.0055%	8h	799.31	+0.016%	—	$13.3M	—	as long as short
Bybit BNBUSDT	+0.0065%	8h	799.10	−0.010%	$138.9M	$78.7M	75x	as long as short
Aster BNBUSDT	+0.0096%	8h	799.83	+0.080%	$6.3M	$18.9M	200x	as long as short
Lighter BNB	+0.0096%	1h	799.66	+0.060%	$2.8M	$4.2M	20x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International BNB-PERP-INTX	+0.0096%	1h	799.17	−0.002%	$605K	$994K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	798.80	−0.048%	$1.4M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	799.61	+0.053%	$1.2M	$926K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	799.20	+0.002%	$54.6M	$113.6M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	799.90	+0.090%	$53K	$151K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	798.90	−0.035%	$35.7M	$58.9M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	799.23	+0.006%	$28.0M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	799.29	+0.013%	$80.7M	$26.6M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	800.16	+0.122%	$4.2M	$77.2M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	800.53	+0.169%	$161K	$442K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	799.14	−0.005%	$121K	$872K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	799.07	−0.014%	$386K	$489K	50x	as long as short
Derive BNB-PERPlong	+0.0100%	1h	799.18	long leg	$32K	$5K	10x
SunX BNB-USDT	+0.0100%	8h	799.79	+0.076%	$13K	$1.7M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	799.30	+0.015%	$393K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	798.99	−0.024%	$8.2M	$7.9M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	800.12	+0.118%	$78K	$19K	50x	as long as short
Kalshi KXBNBPERP	+0.0100%	8h	799.40	+0.027%	$116K	$2.9M	4.8x	as long as short
Extended BNB-USD	+0.0104%	1h	798.83	−0.044%	$1.9M	$6.3M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	799.07	−0.014%	$384K	$40K	10x	as long as short
MEXC BNB_USDT	+0.0116%	8h	800.40	+0.152%	$83.1M	$13.9M	200x	as long as short
Binance BNBUSDT	+0.0117%	8h	800.01	+0.103%	$500.4M	$818.3M	75x	as long as short
Phemex BNBUSDT	+0.0117%	8h	799.74	+0.070%	$69.9M	$51.2M	50x	as long as short
Phoenix BNB	+0.0155%	1h	800.03	+0.106%	$172K	$35K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	799.52	+0.042%	$1.6M	$165K	25x	as long as short
Kraken Futures PF_BNBUSD	+0.0207%	1h	799.19	+0.001%	$2.6M	$965K	50x	as long as short
Hibachi BNB/USDT-P	+0.0216%	1h	799.27	+0.010%	$71K	$48K	12x	as long as short
BloFin BNB-USDT	+0.0236%	8h	799.83	+0.081%	$18.3M	$2.5M	75x	as long as short
Bulk BNB-USD	+0.0298%	1h	800.20	+0.128%	$650K	$21K	10x	as long as short
Injective BNB/USDC PERP	+0.0311%	1h	805.09	+0.739%	$19K	$789K	30x	as long as short
Hyperliquid BNB	+0.0318%	1h	799.85	+0.083%	$51.7M	$21.6M	10x	as long as short
RISEx BNB/USDC	+0.0318%	1h	799.75	+0.070%	$1.1M	$1.4M	20x	as long as short
01 Exchange BNBUSD	+0.0320%	1h	799.61	+0.053%	$28K	$1K	10x	as long as short
Reya BNBRUSDPERP	+0.0332%	1h	798.81	−0.047%	$6K	$3K	40x	as long as short
dYdX BNB-USDshort	+0.0353%	1h	799.29	+0.013%	$161K	$62K	10x
Backpack BNB_USDC_PERP	+0.0567%	1h	800.06	+0.110%	$2.7M	$5.7M	40x	as long as short