BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0109%/8h= +11.9% APRnext payment +$0.14 per $10,000 · paid last 24h +0.096%

Price spread now: dYdX against SoDEX−0.091%7-day average −0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$470.471% of the position

Long on SoDEX Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.323%+$32 on $10k

Price spread, last 3 days (all we have)+0.092%+$9 · spread now −0.091%, 7d avg −0.019%

Together, before fees+0.415%+$42 on $10k · with fees, hour by hour

Funding pays, the price is against you. dYdX is 0.072% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.091% now, against its 7-day average of −0.019%). If the spread goes back, that is −$7 on $10k: about 2.2 days of funding at the current rate (+$3 a day). At the pace of the last 3 days (+0.323% in total) that is about 17 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX BNB-USD	800.80	0.0100	pay 0.0013% / 1h	24m 41s	$394K	$1.0M	10x
Short	dYdX BNB-USD	800.07	0.0209	get 0.0026% / 1h	24m 41s	$161K	$63K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against SoDEX. 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 SoDEXbpFee dYdXbpOrdersPrice spread, now −0.091%Rate

Funding earned: $22.79
Price spread: −0.091% → −0.019%: −$7.19
Slippage, 4 orders: −$29.1
Fee SoDEX: 4 bp × 2 orders: −$8
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$31.5
Costs to cover: 0.471%
Break-even: 16.7 days

Slippage from SoDEX: live order book, 4 min ago; dYdX: live order book, 49 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 SoDEX live order book, 4 min ago	0.63 bp	4.7 bp −$5	8.7 bp −$87	79.1 bp −$7,913	doesn't fit
Sell dYdX live order book, 49 min ago	9.69 bp	21.6 bp −$22	52.9 bp −$529	82.6 bp −$8,265	129.5 bp −$64.8K

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 −0.0159% / S +0.0334%	1h	800.55	−0.031%	$48K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0120%	1h	800.52	−0.035%	$2.5M	$1.0M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	800.30	−0.062%	$4K	$239	25x	as long as short
BingX BNB-USDC	−0.0024%	8h	800.24	−0.070%	—	$13.4M	—	as long as short
Bybit BNBUSDT	−0.0007%	8h	800.10	−0.087%	$139.1M	$75.9M	75x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	799.53	−0.158%	$3.0M	$27.5M	10x	as long as short
StandX BNB-USD	0.0000%	1h	799.70	−0.137%	$864K	$2.9M	30x	as long as short
Phemex BNBUSDT	0.0000%	8h	800.95	+0.019%	$70.0M	$50.1M	50x	as long as short
Variational Omni BNB	+0.0003%	8h	799.72	−0.135%	$4.1M	$5.2M	—	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	800.56	−0.030%	$9.8M	—	150x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+0.536%	$19K	$789K	30x	as long as short
Gate BNB_USDT	+0.0039%	8h	800.25	−0.069%	$35.8M	$56.5M	75x	as long as short
Coinbase International BNB-PERP-INTX	+0.0048%	1h	800.80	0.000%	$617K	$1.1M	50x	as long as short
Aster BNBUSDT	+0.0060%	8h	801.17	+0.046%	$6.2M	$19.4M	200x	as long as short
Binance BNBUSDT	+0.0080%	8h	800.86	+0.008%	$497.2M	$812.1M	75x	as long as short
MEXC BNB_USDT	+0.0080%	8h	801.20	+0.050%	$83.2M	$13.6M	200x	as long as short
Lighter BNB	+0.0096%	1h	800.53	−0.034%	$2.8M	$4.0M	20x	as long as short
Phoenix BNB	+0.0099%	1h	800.45	−0.044%	$172K	$36K	10x	as long as short
Nado BNB-PERP	+0.0100%	1h	800.00	−0.100%	$1.5M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	800.59	−0.026%	$1.2M	$924K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	800.10	−0.087%	$54.3M	$111.4M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	800.40	−0.050%	$53K	$133K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	800.50	−0.037%	$27.9M	$10.0M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	800.03	−0.096%	$78.4M	$28.1M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	799.40	−0.175%	$4.2M	$76.4M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	799.54	−0.157%	$161K	$435K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	800.13	−0.084%	$115K	$880K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	800.52	−0.035%	$387K	$459K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	800.77	−0.004%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	801.26	+0.057%	$13K	$1.7M	50x	as long as short
SoDEX BNB-USDlong	+0.0100%	1h	800.80	long leg	$394K	$1.0M	10x
HTX BNB-USDT	+0.0100%	8h	800.35	−0.056%	$8.2M	$8.3M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	800.81	+0.002%	$78K	$18K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	800.17	−0.079%	$1.8M	$6.0M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	800.73	−0.009%	$385K	$110K	10x	as long as short
Bulk BNB-USD	+0.0127%	1h	799.28	−0.190%	$649K	$10K	10x	as long as short
RISEx BNB/USDC	+0.0155%	1h	800.22	−0.072%	$1.1M	$1.4M	20x	as long as short
Kalshi KXBNBPERP	+0.0156%	8h	801.30	+0.062%	$90K	$2.8M	4.8x	as long as short
BloFin BNB-USDT	+0.0201%	8h	801.17	+0.046%	$18.1M	$2.6M	75x	as long as short
01 Exchange BNBUSD	+0.0208%	1h	800.60	−0.025%	$28K	$1K	10x	as long as short
dYdX BNB-USDshort	+0.0209%	1h	800.07	−0.091%	$161K	$63K	10x
Hibachi BNB/USDT-P	+0.0216%	1h	800.70	−0.013%	$69K	$38K	12x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	801.15	+0.044%	$1.6M	$161K	25x	as long as short
Hyperliquid BNB	+0.0304%	1h	801.23	+0.054%	$53.2M	$20.3M	10x	as long as short
Reya BNBRUSDPERP	+0.0330%	1h	799.71	−0.136%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0395%	1h	801.30	+0.062%	$2.7M	$5.7M	40x	as long as short