Funding you earn now, next payment 07:00 UTC+0.0172%/8h= +18.8% APRnext payment +$0.21 per $10,000 · paid last 24h +0.057%
Price spread now: 01 Exchange against Derive+0.135%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
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and 01 Exchange is 0.135% dearer against Derive than usual: you sell high and buy low: +$14 more if the spread 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 | 786.93 | 0.0100 | pay 0.0013% / 1h | 50m 35s | $31K | $12K | 10x |
| Short | 01 Exchange BNBUSD | 788.00 | 0.0272 | get 0.0034% / 1h | 50m 35s | $28K | $4K | 10x |
Derive BNB-PERP
01 Exchange BNBUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- $36.12
- Price spread: +0.135% → 0.000%
- $13.54
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- $36.66
- Costs to cover
- 0.130%
- Break-even
- from the start
Slippage unknown: Derive: no order-book sample; 01 Exchange: 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 01 Exchange no order-book sample | — | — | — | — | — |
Derive and 01 Exchange: 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 −0.0170% / S +0.0337% | 1h | 786.62 | −0.040% | $43K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 786.57 | −0.046% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 786.94 | +0.001% | $849K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 786.66 | −0.034% | $9.5M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.307% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0048% | 8h | 787.84 | +0.115% | $6.1M | $19.0M | 200x | as long as short |
| BingX BNB-USDT | +0.0054% | 8h | 787.41 | +0.060% | — | $22.2M | — | as long as short |
| dYdX BNB-USD | +0.0060% | 1h | 787.12 | +0.024% | $159K | $62K | 10x | as long as short |
| MEXC BNB_USDT | +0.0066% | 8h | 788.30 | +0.174% | $81.0M | $12.0M | 200x | as long as short |
| Binance BNBUSDT | +0.0067% | 8h | 787.95 | +0.129% | $490.6M | $816.1M | 75x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
Aster BNBUSDT
BingX BNB-USDT
dYdX BNB-USD
MEXC BNB_USDT
Binance BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex BNBUSDT | +0.0074% | 8h | 787.42 | +0.062% | $68.9M | $51.1M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0080% | 1h | 786.56 | −0.048% | $568K | $1.9M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 787.48 | +0.069% | $2.7M | $3.8M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 786.79 | −0.018% | $265K | $471K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 786.15 | −0.100% | $1.4M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 787.61 | +0.086% | $1.2M | $933K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 787.23 | +0.038% | $138.5M | $75.2M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 787.20 | +0.034% | $53.5M | $113.2M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 787.60 | +0.085% | $52K | $129K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 787.35 | +0.053% | $37.1M | $58.7M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 787.05 | +0.015% | $27.7M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 787.14 | +0.026% | $76.2M | $31.1M | 75x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 786.52 | −0.053% | $4.0M | $4.8M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 786.76 | −0.023% | $4.1M | $75.8M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 786.43 | −0.064% | $158K | $436K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 786.53 | −0.051% | $131K | $949K | 10x | as long as short |
| Derive BNB-PERPlong | +0.0100% | 1h | 786.93 | long leg | $31K | $12K | 10x | |
| SunX BNB-USDT | +0.0100% | 8h | 787.28 | +0.044% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 786.90 | −0.004% | $387K | $986K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 786.52 | −0.052% | $8.0M | $10.1M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0101% | 8h | 787.80 | +0.110% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 787.00 | +0.008% | $1.8M | $6.2M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 786.81 | −0.016% | $378K | $110K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0133% | 8h | 787.30 | +0.046% | $169K | $2.7M | 4.8x | as long as short |
| Phoenix BNB | +0.0135% | 1h | 787.00 | +0.008% | $169K | $35K | 10x | as long as short |
| Hyperliquid BNB | +0.0136% | 1h | 788.01 | +0.137% | $51.6M | $17.6M | 10x | as long as short |
| BloFin BNB-USDT | +0.0187% | 8h | 787.31 | +0.048% | $17.8M | $2.2M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0197% | 1h | 787.34 | +0.052% | $2.2M | $6.1M | 40x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0206% | 1h | 786.62 | −0.040% | $2.5M | $1.2M | 50x | as long as short |
| GRVT BNB_USDT_Perp | +0.0226% | 8h | 787.01 | +0.010% | $2.9M | $29.6M | 10x | as long as short |
| 01 Exchange BNBUSDshort | +0.0272% | 1h | 788.00 | +0.135% | $28K | $4K | 10x | |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 787.19 | +0.033% | $1.5M | $143K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0322% | 1h | 786.41 | −0.067% | $6K | $3K | 40x | as long as short |
| Bulk BNB-USD | +0.0328% | 1h | 787.20 | +0.034% | $638K | $4K | 10x | as long as short |
| RISEx BNB/USDC | +0.0438% | 1h | 787.68 | +0.095% | $1.1M | $909K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0560% | 1h | 786.62 | −0.040% | $67K | $39K | 12x | as long as short |
Phemex BNBUSDT
Coinbase International BNB-PERP-INTX
Lighter BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Variational Omni BNB
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
Kalshi KXBNBPERP
Phoenix BNB
Hyperliquid BNB
BloFin BNB-USDT
Backpack BNB_USDC_PERP
Kraken Futures PF_BNBUSD
GRVT BNB_USDT_Perp
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
Bulk BNB-USD
RISEx BNB/USDC
Hibachi BNB/USDT-P