BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0332%/8h= −36.4% APRnext payment −$0.42 per $10,000 · paid last 24h −0.031%

Price spread now: Derive against RISEx−0.061%7-day average — · you buy dearer than you sell

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

Long on RISEx Short on Derive

What this pair did over the last

the charts below follow

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 against this trade now: funding costs −$10 a day on $10k at the current rate, and Derive is 0.061% cheaper against RISEx than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx BNB/USDC	788.90	0.0432	pay 0.0054% / 1h	6m 32s	$1.1M	$902K	20x
Short	Derive BNB-PERP	788.43	0.0100	get 0.0013% / 1h	6m 32s	$31K	$12K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive against RISEx. 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 RISExbpFee DerivebpOrdersPrice spread, now −0.061%Rate

Funding earned: −$69.8
Price spread: −0.061% → 0.000%: −$6.08
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee Derive: 3 bp × 2 orders: −$6
Net: −$87.88
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: RISEx: live order book, 2 min ago; Derive: 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 RISEx live order book, 2 min ago	0.82 bp	3.8 bp −$4	8.5 bp −$85	doesn't fit	doesn't fit
Sell Derive no order-book sample	—	—	—	—	—

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 −0.0192% / S +0.0356%	1h	788.03	−0.110%	$46K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	788.21	−0.088%	$4K	$42	25x	as long as short
StandX BNB-USD	0.0000%	1h	788.92	+0.002%	$851K	$2.9M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	788.06	−0.107%	$9.5M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.052%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0043%	8h	789.25	+0.044%	$6.1M	$19.1M	200x	as long as short
BingX BNB-USDT	+0.0050%	8h	788.69	−0.027%	—	$22.2M	—	as long as short
Phemex BNBUSDT	+0.0063%	8h	788.84	−0.008%	$69.0M	$50.8M	50x	as long as short
MEXC BNB_USDT	+0.0066%	8h	789.40	+0.063%	$81.0M	$12.1M	200x	as long as short
Binance BNBUSDT	+0.0067%	8h	789.22	+0.040%	$491.3M	$815.5M	75x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_BNBUSD	+0.0069%	1h	788.12	−0.099%	$2.5M	$1.2M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0080%	1h	788.38	−0.067%	$569K	$1.9M	50x	as long as short
Lighter BNB	+0.0096%	1h	788.60	−0.039%	$2.7M	$3.8M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	788.23	−0.086%	$265K	$490K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	788.15	−0.096%	$1.4M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	789.09	+0.023%	$51.7M	$17.6M	10x	as long as short
Pacifica BNB	+0.0100%	1h	788.71	−0.025%	$1.2M	$933K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	788.50	−0.051%	$138.8M	$75.1M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	788.50	−0.051%	$53.6M	$113.3M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	788.80	−0.013%	$52K	$129K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	788.60	−0.039%	$36.9M	$59.5M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	788.34	−0.072%	$27.7M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	788.32	−0.074%	$76.3M	$31.1M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	788.44	−0.059%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	787.91	−0.126%	$4.0M	$4.8M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	788.22	−0.087%	$4.1M	$75.6M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	787.81	−0.139%	$159K	$437K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	788.44	−0.059%	$132K	$951K	10x	as long as short
Derive BNB-PERPshort	+0.0100%	1h	788.43	−0.061%	$31K	$12K	10x
SunX BNB-USDT	+0.0100%	8h	788.73	−0.023%	$12K	$1.5M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	788.17	−0.093%	$8.0M	$10.1M	75x	as long as short
Paradex BNB-USD-PERP	+0.0101%	8h	788.96	+0.007%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	788.33	−0.072%	$1.8M	$6.2M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	788.24	−0.084%	$379K	$110K	10x	as long as short
Phoenix BNB	+0.0107%	1h	787.87	−0.131%	$169K	$35K	10x	as long as short
SoDEX BNB-USD	+0.0125%	1h	788.30	−0.077%	$388K	$989K	10x	as long as short
dYdX BNB-USD	+0.0138%	1h	788.46	−0.057%	$160K	$62K	10x	as long as short
Kalshi KXBNBPERP	+0.0138%	8h	788.40	−0.064%	$163K	$2.7M	4.8x	as long as short
BloFin BNB-USDT	+0.0187%	8h	788.82	−0.011%	$17.6M	$2.2M	75x	as long as short
GRVT BNB_USDT_Perp	+0.0221%	8h	788.50	−0.052%	$2.9M	$29.5M	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	788.64	−0.033%	$1.5M	$143K	25x	as long as short
01 Exchange BNBUSD	+0.0312%	1h	789.20	+0.037%	$28K	$4K	10x	as long as short
Reya BNBRUSDPERP	+0.0323%	1h	788.30	−0.076%	$6K	$3K	40x	as long as short
Bulk BNB-USD	+0.0378%	1h	788.15	−0.096%	$639K	$4K	10x	as long as short
RISEx BNB/USDClong	+0.0432%	1h	788.90	long leg	$1.1M	$902K	20x
Hibachi BNB/USDT-P	+0.0560%	1h	788.09	−0.104%	$67K	$39K	12x	as long as short