Funding spread now, next payment 17:00 UTC+0.0347%/8h
paid, last 24h+0.045%paid, last 7 days−0.008%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 7 days it paid -0.008% in total (about -0.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_BNB_USDC | 799.87 | 0.0100 | pay 0.0100% / 8h | 7h 26m | $323K | $660K | 50x |
| Short | Hyperliquid BNB | 800.14 | 0.0447 | get 0.0056% / 1h | 26m 55s | $52.1M | $21.7M | 10x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- $72.81
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $57.81
- Break-even
- 1.4 days
Slippage unknown: Orderly: no order-book sample; Hyperliquid: live order book, 8 min ago. Net counts fees only.
Price risk
price view- Price gap now
- +0.034%
- Avg gap 7d
- +0.002%
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Orderly no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 8 min ago | 0.31 bp | 5.4 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
Orderly: 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 45 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| GMX BNB/USD [WBTC.b-USDC] | L −0.0184% / S +0.0362% | 1h | $48K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | $4K | $1K | 25x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | $206K | $2.8M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | $865K | $3.4M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0008% | 1h | $9.7M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | $19K | $437K | 30x | as long as short |
| Variational Omni BNB | +0.0038% | 8h | $4.0M | $6.4M | — | as long as short |
| BingX BNB-USDC | +0.0061% | 8h | — | $13.2M | — | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0064% | 1h | $601K | $926K | 50x | as long as short |
| Bybit BNBUSDT | +0.0072% | 8h | $139.5M | $93.2M | 75x | as long as short |
Hyperliquid BNB
GMX BNB/USD [WBTC.b-USDC]
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
Variational Omni BNB
BingX BNB-USDC
Coinbase International BNB-PERP-INTX
Bybit BNBUSDT
Lighter BNB
Pacifica BNB
OKX BNB-USDT-SWAP
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Phemex BNBUSDT
Aster BNBUSDT
Binance BNBUSDT
MEXC BNB_USDT
Phoenix BNB
Bulk BNB-USD
Kraken Futures PF_BNBUSD
BloFin BNB-USDT
RISEx BNB/USDC
Deribit BNB_USDC-PERPETUAL