BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h −0.032%

Price spread now: ApeX Omni against Deribit+0.015%7-day average +0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$360.358% of the position

Long on Deribit Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.102%−$10 on $10k

Price spread, last 4 days (all we have)+0.134%+$13 · spread now +0.015%, 7d avg +0.018%

Together, before fees+0.032%+$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.102%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit BNB_USDC-PERPETUAL	787.26	0	get 0.0000% / 1h	51m 17s	$1.5M	$157K	25x
Short	ApeX Omni BNBUSDT	787.38	0.0100	get 0.0013% / 1h	51m 17s	$158K	$444K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Deribit. 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 DeribitbpFee ApeX OmnibpOrdersPrice spread, now +0.015%Rate

Funding earned: $21
Price spread: +0.015% → +0.018%: −$0.31
Slippage, 4 orders: −$18.81
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$15.12
Costs to cover: 0.358%
Break-even: 12.0 days

Slippage from Deribit: live order book, 1 min ago; ApeX Omni: live order book, 59 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 Deribit live order book, 1 min ago	2.86 bp	8.5 bp −$8	14.8 bp −$148	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 59 min ago	4.07 bp	11.0 bp −$11	36.5 bp −$365	doesn't fit	doesn't fit

BNB on 45 exchanges

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 −0.0166% / S +0.0336%	1h	787.06	−0.026%	$43K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0085%	1h	786.83	−0.054%	$2.5M	$1.2M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	788.09	+0.105%	$4K	—	25x	as long as short
Aster BNBUSDT	0.0000%	8h	787.53	+0.035%	$5.9M	$17.0M	200x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	787.73	+0.059%	$2.9M	$26.5M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	787.90	+0.081%	$139K	$2.5M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	788.14	+0.112%	$850K	$2.9M	30x	as long as short
Deribit BNB_USDC-PERPETUALlong	0.0000%	1h	787.26	long leg	$1.5M	$157K	25x
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	787.21	−0.006%	$9.5M	—	150x	as long as short
MEXC BNB_USDT	+0.0015%	8h	788.70	+0.183%	$83.3M	$11.7M	200x	as long as short

Show all 45 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BNBUSDT	+0.0015%	8h	787.53	+0.035%	$481.3M	$764.8M	75x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.265%	$19K	$789K	30x	as long as short
Bybit BNBUSDT	+0.0041%	8h	786.59	−0.085%	$138.5M	$66.1M	75x	as long as short
BloFin BNB-USDT	+0.0063%	8h	787.99	+0.093%	$18.4M	$2.2M	75x	as long as short
Phemex BNBUSDT	+0.0093%	8h	787.76	+0.063%	$68.5M	$51.0M	50x	as long as short
Lighter BNB	+0.0096%	1h	787.08	−0.023%	$2.7M	$3.3M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	786.63	−0.080%	$1.4M	$2.4M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	787.59	+0.042%	$51.8M	$16.8M	10x	as long as short
Pacifica BNB	+0.0100%	1h	787.15	−0.014%	$1.2M	$932K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	786.70	−0.071%	$53.3M	$101.9M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	787.30	+0.005%	$57K	$122K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	786.85	−0.052%	$41.2M	$53.8M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	786.71	−0.070%	$28.2M	$9.6M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	786.80	−0.059%	$75.7M	$30.9M	75x	as long as short
BingX BNB-USDT	+0.0100%	8h	787.07	−0.024%	—	$50.1M	—	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	787.53	+0.034%	$2.2M	$6.0M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	786.85	−0.052%	$4.3M	$4.5M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	787.63	+0.047%	$4.1M	$74.6M	30x	as long as short
ApeX Omni BNBUSDTshort	+0.0100%	1h	787.38	+0.015%	$158K	$444K	50x
Polymarket Perps BNB-USD	+0.0100%	1h	786.92	−0.043%	$130K	$905K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	786.97	−0.037%	$264K	$297K	50x	as long as short
SunX BNB-USDT	+0.0100%	8h	787.51	+0.032%	$12K	$1.3M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	787.10	−0.020%	$387K	$926K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	787.41	+0.019%	$8.0M	$10.0M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	787.48	+0.028%	$88K	$406K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	786.51	−0.096%	$1.8M	$5.6M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	786.80	−0.059%	$378K	$110K	10x	as long as short
Phoenix BNB	+0.0120%	1h	787.92	+0.084%	$158K	$45K	10x	as long as short
Coinbase International BNB-PERP-INTX	+0.0120%	1h	787.48	+0.028%	$545K	$1.9M	50x	as long as short
01 Exchange BNBUSD	+0.0240%	1h	787.49	+0.029%	$28K	$3K	10x	as long as short
Bulk BNB-USD	+0.0282%	1h	788.09	+0.106%	$639K	$0	10x	as long as short
Reya BNBRUSDPERP	+0.0317%	1h	786.56	−0.089%	$6K	$3K	40x	as long as short
Hibachi BNB/USDT-P	+0.0320%	1h	787.28	+0.002%	$67K	$37K	12x	as long as short
RISEx BNB/USDC	+0.0393%	1h	787.24	−0.003%	$1.1M	$901K	20x	as long as short
dYdX BNB-USD	+0.1100%	1h	787.47	+0.027%	$158K	$34K	10x	as long as short