BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.03 per $10,000 · paid last 24h −0.088%

Price spread now: ApeX Omni against dYdX+0.091%50s7-day average +0.066% · you sell dearer than you buy

Net, funding: paid 7d − costs−$115as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$730.730% of the position

Long on dYdX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.417%−$42 on $10k

Price spread, last 4 days (all we have)+0.042%+$4 · spread now +0.091%, 7d avg +0.066%

Together, before fees−0.375%−$37 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and ApeX Omni is 0.025% dearer against dYdX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.066%. Mind the row above: over the last 7 days funding on this pair cost −0.417%, so the current rate has only just turned in your favour. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX BNB-USD	786.44	0.0074	pay 0.0009% / 1h	54m 10s	$159K	$62K	10x
Short	ApeX Omni BNBUSDT	787.16	0.0100	get 0.0013% / 1h	54m 10s	$158K	$436K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against dYdX. 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 dYdXbpFee ApeX OmnibpOrdersPrice spread, now +0.091%Rate

Funding earned: $5.38
Price spread: +0.091% → +0.066%: $2.49
Slippage, 4 orders: −$53.03
Fee dYdX: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$65.16
Costs to cover: 0.730%
Break-even: 91.8 days

Slippage from dYdX: live order book, 55 min ago; ApeX Omni: live order book, 53 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 dYdX live order book, 55 min ago	11.80 bp	26.3 bp −$26	147.9 bp −$1,479	224.5 bp −$22.5K	443.5 bp −$221.8K
Sell ApeX Omni live order book, 53 min ago	5.15 bp	10.4 bp −$10	31.9 bp −$319	doesn't fit	doesn't fit

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 −0.0170% / S +0.0337%	1h	786.44	0.000%	$43K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	787.05	+0.077%	$4K	$42	25x	as long as short
StandX BNB-USD	0.0000%	1h	787.66	+0.155%	$849K	$2.9M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	786.51	+0.009%	$9.5M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.371%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0046%	8h	787.12	+0.086%	$6.1M	$19.0M	200x	as long as short
BingX BNB-USDT	+0.0054%	8h	786.58	+0.017%	—	$22.2M	—	as long as short
MEXC BNB_USDT	+0.0067%	8h	787.30	+0.109%	$80.8M	$11.9M	200x	as long as short
Binance BNBUSDT	+0.0067%	8h	787.01	+0.072%	$490.0M	$816.1M	75x	as long as short
Phemex BNBUSDT	+0.0071%	8h	787.11	+0.085%	$68.9M	$51.0M	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX BNB-USDlong	+0.0074%	1h	786.44	long leg	$159K	$62K	10x
Coinbase International BNB-PERP-INTX	+0.0080%	1h	788.38	+0.246%	$569K	$1.9M	50x	as long as short
Lighter BNB	+0.0096%	1h	786.77	+0.042%	$2.7M	$3.8M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	786.61	+0.021%	$265K	$471K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	786.30	−0.018%	$1.4M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	786.69	+0.031%	$1.2M	$933K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	786.40	−0.005%	$138.3M	$75.2M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	786.40	−0.005%	$53.4M	$113.1M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	786.70	+0.033%	$52K	$129K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	786.40	−0.005%	$37.0M	$58.6M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	786.28	−0.021%	$27.7M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	786.25	−0.025%	$76.1M	$31.1M	75x	as long as short
Variational Omni BNB	+0.0100%	8h	786.71	+0.034%	$4.0M	$4.8M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	787.78	+0.170%	$4.1M	$75.7M	30x	as long as short
ApeX Omni BNBUSDTshort	+0.0100%	1h	787.16	+0.091%	$158K	$436K	50x
Polymarket Perps BNB-USD	+0.0100%	1h	786.33	−0.014%	$131K	$949K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	786.78	+0.043%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	787.14	+0.089%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	786.70	+0.033%	$387K	$986K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	786.77	+0.042%	$8.0M	$10.1M	75x	as long as short
Paradex BNB-USD-PERP	+0.0101%	8h	786.75	+0.039%	$76K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	786.24	−0.026%	$1.8M	$6.2M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	786.62	+0.023%	$378K	$110K	10x	as long as short
Phoenix BNB	+0.0107%	1h	787.80	+0.173%	$169K	$35K	10x	as long as short
Kalshi KXBNBPERP	+0.0133%	8h	787.30	+0.109%	$169K	$2.7M	4.8x	as long as short
Hyperliquid BNB	+0.0141%	1h	787.09	+0.082%	$51.5M	$17.6M	10x	as long as short
BloFin BNB-USDT	+0.0187%	8h	787.35	+0.115%	$17.8M	$2.2M	75x	as long as short
Kraken Futures PF_BNBUSD	+0.0206%	1h	786.56	+0.014%	$2.5M	$1.2M	50x	as long as short
Backpack BNB_USDC_PERP	+0.0219%	1h	787.40	+0.122%	$2.2M	$6.1M	40x	as long as short
GRVT BNB_USDT_Perp	+0.0226%	8h	787.46	+0.129%	$2.9M	$29.6M	10x	as long as short
01 Exchange BNBUSD	+0.0272%	1h	786.95	+0.065%	$28K	$4K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	787.01	+0.072%	$1.5M	$143K	25x	as long as short
Reya BNBRUSDPERP	+0.0322%	1h	786.21	−0.030%	$6K	$3K	40x	as long as short
Bulk BNB-USD	+0.0339%	1h	788.57	+0.270%	$639K	$4K	10x	as long as short
RISEx BNB/USDC	+0.0438%	1h	786.75	+0.039%	$1.1M	$909K	20x	as long as short
Hibachi BNB/USDT-P	+0.0568%	1h	786.99	+0.070%	$67K	$39K	12x	as long as short