BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0244%/8h= +26.7% APRnext payment +$0.30 per $10,000 · paid last 24h +0.066%

Price spread now: 01 Exchange against Derive+0.109%7-day average — · you sell dearer than you buy

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

Long on Derive Short on 01 Exchange

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 for this trade now. Funding pays +$7 a day on $10k at the current rate, and 01 Exchange is 0.109% dearer against Derive than usual: you sell high and buy low: +$11 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	Derive BNB-PERP	788.61	0.0100	pay 0.0013% / 1h	57m 53s	$31K	$9K	10x
Short	01 Exchange BNBUSD	789.47	0.0344	get 0.0043% / 1h	57m 53s	$28K	$4K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Derive. 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 DerivebpFee 01 ExchangebpOrdersPrice spread, now +0.109%Rate

Funding earned: $51.24
Price spread: +0.109% → 0.000%: $10.91
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $49.15
Costs to cover: 0.130%
Break-even: 0.3 days

Slippage unknown: Derive: no order-book sample; 01 Exchange: 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 Derive no order-book sample	—	—	—	—	—
Sell 01 Exchange no order-book sample	—	—	—	—	—

Derive and 01 Exchange: 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: 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 −0.0167% / S +0.0335%	1h	788.36	−0.032%	$46K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	789.66	+0.133%	$4K	$239	25x	as long as short
StandX BNB-USD	0.0000%	1h	790.02	+0.179%	$854K	$3.2M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	788.35	−0.033%	$9.6M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.090%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0035%	8h	788.45	−0.020%	$6.2M	$18.8M	200x	as long as short
Coinbase International BNB-PERP-INTX	+0.0048%	1h	789.66	+0.133%	$619K	$1.8M	50x	as long as short
BingX BNB-USDC	+0.0051%	8h	788.03	−0.074%	—	$13.3M	—	as long as short
Phemex BNBUSDT	+0.0060%	8h	788.87	+0.033%	$69.0M	$50.8M	50x	as long as short
Variational Omni BNB	+0.0062%	8h	789.21	+0.076%	$4.1M	$4.8M	—	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BNB_USDT	+0.0068%	8h	788.60	−0.001%	$80.4M	$12.3M	200x	as long as short
Binance BNBUSDT	+0.0069%	8h	788.44	−0.022%	$493.6M	$810.5M	75x	as long as short
Gate BNB_USDT	+0.0074%	8h	787.80	−0.103%	$35.3M	$56.1M	75x	as long as short
Phoenix BNB	+0.0088%	1h	789.72	+0.141%	$170K	$34K	10x	as long as short
Kraken Futures PF_BNBUSD	+0.0091%	1h	788.34	−0.034%	$2.5M	$1.2M	50x	as long as short
Lighter BNB	+0.0096%	1h	788.71	+0.013%	$2.8M	$3.9M	20x	as long as short
GRVT BNB_USDT_Perp	+0.0098%	8h	790.16	+0.197%	$2.9M	$28.4M	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	788.37	−0.030%	$381K	$380K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	788.95	+0.043%	$1.5M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	788.59	−0.003%	$51.7M	$18.7M	10x	as long as short
Pacifica BNB	+0.0100%	1h	788.95	+0.043%	$1.2M	$909K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	787.68	−0.118%	$138.6M	$79.2M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	787.60	−0.128%	$53.2M	$112.4M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	788.90	+0.037%	$52K	$135K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	787.78	−0.105%	$27.8M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	787.39	−0.155%	$77.0M	$29.9M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	788.60	−0.001%	$2.2M	$6.1M	40x	as long as short
edgeX BNBUSDC	+0.0100%	4h	789.88	+0.161%	$4.1M	$77.4M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	789.88	+0.161%	$159K	$438K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	788.44	−0.022%	$137K	$946K	10x	as long as short
Derive BNB-PERPlong	+0.0100%	1h	788.61	long leg	$31K	$9K	10x
SunX BNB-USDT	+0.0100%	8h	789.08	+0.060%	$12K	$1.6M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	788.93	+0.041%	$8.1M	$9.0M	75x	as long as short
Paradex BNB-USD-PERP	+0.0102%	8h	789.48	+0.110%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	787.47	−0.145%	$1.8M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	788.43	−0.023%	$379K	$110K	10x	as long as short
SoDEX BNB-USD	+0.0130%	1h	788.50	−0.014%	$388K	$1.0M	10x	as long as short
Kalshi KXBNBPERP	+0.0176%	8h	789.20	+0.075%	$91K	$2.8M	4.8x	as long as short
dYdX BNB-USD	+0.0296%	1h	788.88	+0.035%	$160K	$64K	10x	as long as short
Bulk BNB-USD	+0.0298%	1h	789.80	+0.151%	$640K	$13K	10x	as long as short
Reya BNBRUSDPERP	+0.0328%	1h	788.21	−0.051%	$6K	$3K	40x	as long as short
01 Exchange BNBUSDshort	+0.0344%	1h	789.47	+0.109%	$28K	$4K	10x
RISEx BNB/USDC	+0.0361%	1h	789.04	+0.055%	$1.1M	$1.1M	20x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0400%	1h	788.94	+0.042%	$1.5M	$160K	25x	as long as short
Hibachi BNB/USDT-P	+0.0528%	1h	789.52	+0.116%	$67K	$39K	12x	as long as short