BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0292%/8h= +32.0% APRnext payment +$0.36 per $10,000 · paid last 24h +0.071%

Price spread now: SoDEX against GMX+0.032%7-day average — · you sell dearer than you buy

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

Long on GMX Short on SoDEX

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

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and SoDEX is 0.032% dearer against GMX than usual: you sell high and buy low: +$3 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	GMX BNB/USD [WBTC.b-USDC]	787.55	L −0.0192% / S +0.0356%	get 0.0024% / 1h	17m 39s	$46K	—	200x
Short	SoDEX BNB-USD	787.80	0.0100	get 0.0013% / 1h	17m 39s	$387K	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against GMX. 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 GMXbpFee SoDEXbpOrdersPrice spread, now +0.032%Rate

Funding earned: $61.29
Price spread: +0.032% → 0.000%: $3.16
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: $44.46
Costs to cover: 0.200%
Break-even: 1.9 days

Slippage unknown: GMX: no order-book sample; SoDEX: live order book, 1 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 GMX no order-book sample	—	—	—	—	—
Sell SoDEX live order book, 1 min ago	0.63 bp	5.0 bp −$5	8.4 bp −$84	82.0 bp −$8,196	doesn't fit

GMX: 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]long	L −0.0192% / S +0.0356%	1h	787.55	long leg	$46K	—	200x
Kraken Futures PF_BNBUSD	−0.0124%	1h	787.50	−0.006%	$2.5M	$1.2M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	787.97	+0.053%	$4K	$42	25x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	788.00	+0.057%	$126K	$2.7M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	788.50	+0.121%	$850K	$3.1M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	787.62	+0.009%	$9.5M	—	150x	as long as short
Aster BNBUSDT	+0.0030%	8h	788.21	+0.084%	$6.1M	$18.8M	200x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.227%	$19K	$789K	30x	as long as short
BingX BNB-USDT	+0.0034%	8h	787.78	+0.029%	—	$22.3M	—	as long as short
MEXC BNB_USDT	+0.0042%	8h	788.60	+0.133%	$80.0M	$12.0M	200x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BNBUSDT	+0.0042%	8h	788.22	+0.085%	$491.4M	$801.3M	75x	as long as short
Phemex BNBUSDT	+0.0044%	8h	788.19	+0.081%	$68.9M	$50.6M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0072%	1h	787.19	−0.046%	$588K	$1.9M	50x	as long as short
dYdX BNB-USD	+0.0089%	1h	787.91	+0.045%	$159K	$63K	10x	as long as short
Phoenix BNB	+0.0092%	1h	787.84	+0.037%	$169K	$35K	10x	as long as short
Lighter BNB	+0.0096%	1h	787.87	+0.040%	$2.7M	$3.9M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	787.69	+0.018%	$265K	$492K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	787.15	−0.051%	$1.5M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	788.35	+0.101%	$51.7M	$17.4M	10x	as long as short
Pacifica BNB	+0.0100%	1h	787.98	+0.054%	$1.2M	$934K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	787.60	+0.006%	$138.6M	$73.9M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	787.50	−0.006%	$53.4M	$111.7M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	787.80	+0.032%	$52K	$133K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	787.55	0.000%	$36.0M	$57.9M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	787.43	−0.015%	$27.6M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	787.30	−0.032%	$76.2M	$30.6M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	788.08	+0.067%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	787.41	−0.018%	$4.1M	$4.8M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	788.05	+0.063%	$4.1M	$74.2M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	787.89	+0.043%	$159K	$442K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	787.48	−0.009%	$132K	$955K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	787.71	+0.020%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	787.89	+0.043%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USDshort	+0.0100%	1h	787.80	+0.032%	$387K	$1.0M	10x
HTX BNB-USDT	+0.0100%	8h	787.32	−0.030%	$8.1M	$9.7M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	788.03	+0.061%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	787.33	−0.028%	$1.8M	$6.3M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	787.66	+0.014%	$378K	$110K	10x	as long as short
BloFin BNB-USDT	+0.0163%	8h	788.16	+0.077%	$17.7M	$2.2M	75x	as long as short
GRVT BNB_USDT_Perp	+0.0175%	8h	788.39	+0.106%	$2.9M	$28.6M	10x	as long as short
Bulk BNB-USD	+0.0193%	1h	788.28	+0.093%	$638K	$10K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	788.12	+0.072%	$1.5M	$143K	25x	as long as short
01 Exchange BNBUSD	+0.0240%	1h	788.25	+0.089%	$28K	$4K	10x	as long as short
Reya BNBRUSDPERP	+0.0324%	1h	787.20	−0.044%	$6K	$3K	40x	as long as short
Hibachi BNB/USDT-P	+0.0408%	1h	787.85	+0.039%	$67K	$39K	12x	as long as short
RISEx BNB/USDC	+0.0431%	1h	787.94	+0.049%	$1.1M	$893K	20x	as long as short