BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0003%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.075%

Price spread now: dYdX against Extended+0.057%7-day average +0.056% · you sell dearer than you buy

Net, funding: paid 7d − costs+$4as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$400.399% of the position

Long on Extended Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.437%+$44 on $10k

Price spread, last 4 days (all we have)+0.021%+$2 · spread now +0.057%, 7d avg +0.056%

Together, before fees+0.458%+ Points / potential airdropExtended: Active · farm board+$46 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended BNB-USD	785.25	0.0104	pay 0.0013% / 1h	41m 41s	$1.8M	$5.8M	50x
Short	dYdX BNB-USD	785.69	0.0107	get 0.0013% / 1h	41m 41s	$157K	$64K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Extended. 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 ExtendedbpFee dYdXbpOrdersPrice spread, now +0.057%Rate

Funding earned: $0.71
Price spread: +0.057% → +0.056%: $0.09
Slippage, 4 orders: −$24.88
Fee Extended: 2.5 bp × 2 orders: −$5
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$39.09
Costs to cover: 0.399%
Break-even: 391.5 days

Slippage from Extended: live order book, 2 min ago; dYdX: live order book, 57 min ago.

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 Extended live order book, 2 min ago	0.06 bp	3.0 bp −$3	4.8 bp −$48	doesn't fit	doesn't fit
Sell dYdX live order book, 57 min ago	10.36 bp	17.5 bp −$17	52.9 bp −$529	64.1 bp −$6,408	267.0 bp −$133.5K

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 −0.0168% / S +0.0337%	1h	786.16	+0.116%	$43K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	787.29	+0.260%	$4K	—	25x	as long as short
Kraken Futures PF_BNBUSD	−0.0021%	1h	786.04	+0.101%	$2.5M	$1.2M	50x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	787.44	+0.279%	$3.0M	$27.6M	10x	as long as short
StandX BNB-USD	0.0000%	1h	787.05	+0.229%	$849K	$2.7M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	786.22	+0.123%	$9.5M	—	150x	as long as short
Aster BNBUSDT	+0.0025%	8h	786.17	+0.117%	$6.0M	$18.5M	200x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.527%	$19K	$789K	30x	as long as short
BingX BNB-USDC	+0.0036%	8h	785.93	+0.087%	—	$13.4M	—	as long as short
Binance BNBUSDT	+0.0041%	8h	786.09	+0.107%	$489.1M	$812.4M	75x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BNB_USDT	+0.0041%	8h	787.30	+0.261%	$82.4M	$12.2M	200x	as long as short
Lighter BNB	+0.0096%	1h	785.74	+0.063%	$2.7M	$3.6M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	785.85	+0.076%	$1.3M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	786.28	+0.131%	$51.6M	$17.6M	10x	as long as short
Pacifica BNB	+0.0100%	1h	785.86	+0.078%	$1.2M	$937K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	785.45	+0.026%	$138.3M	$73.2M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	785.50	+0.032%	$53.4M	$111.0M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	785.80	+0.070%	$52K	$125K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	785.60	+0.045%	$39.2M	$55.5M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	785.34	+0.011%	$27.7M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	785.50	+0.032%	$75.4M	$32.5M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	786.39	+0.145%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	786.82	+0.200%	$4.3M	$4.9M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	787.34	+0.266%	$4.1M	$76.9M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	787.16	+0.243%	$158K	$439K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	786.45	+0.153%	$131K	$942K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	786.23	+0.125%	$264K	$358K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	786.51	+0.161%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	786.55	+0.166%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	786.30	+0.134%	$387K	$946K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	786.13	+0.113%	$8.0M	$10.3M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	786.14	+0.114%	$78K	$17K	50x	as long as short
Extended BNB-USDlong	+0.0104%	1h	785.25	long leg	$1.8M	$5.8M	50x
Aevo BNB-PERP	+0.0104%	1h	786.13	+0.111%	$378K	$110K	10x	as long as short
dYdX BNB-USDshort	+0.0107%	1h	785.69	+0.057%	$157K	$64K	10x
Kalshi KXBNBPERP	+0.0113%	8h	786.70	+0.185%	$159K	$2.6M	4.8x	as long as short
Coinbase International BNB-PERP-INTX	+0.0120%	1h	786.59	+0.171%	$548K	$1.9M	50x	as long as short
Phoenix BNB	+0.0120%	1h	787.48	+0.284%	$158K	$38K	10x	as long as short
Phemex BNBUSDT	+0.0153%	8h	786.83	+0.201%	$68.6M	$51.2M	50x	as long as short
BloFin BNB-USDT	+0.0163%	8h	786.56	+0.167%	$17.7M	$2.2M	75x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	786.64	+0.176%	$1.5M	$141K	25x	as long as short
Bulk BNB-USD	+0.0215%	1h	787.68	+0.309%	$638K	$831	10x	as long as short
01 Exchange BNBUSD	+0.0232%	1h	786.05	+0.102%	$28K	$3K	10x	as long as short
Reya BNBRUSDPERP	+0.0319%	1h	785.96	+0.090%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0355%	1h	785.88	+0.080%	$1.1M	$911K	20x	as long as short
Hibachi BNB/USDT-P	+0.0416%	1h	786.70	+0.185%	$67K	$39K	12x	as long as short