Funding you earn now, next payment 09:00 UTC+0.0047%/8h= +5.1% APRnext payment +$0.06 per $10,000 · paid last 24h −0.045%
Price spread now: Deribit against dYdX+0.046%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$820.820% of the position
Funding, last 7 days−0.313%−$31 on $10k
+Price spread, last 4 days (all we have)−0.307%−$31 · spread now +0.046%, 7d avg +0.041%
=The price spread sits at its 7-day average of +0.041%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.313%, 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 | dYdX BNB-USD | 784.13 | 0.0153 | pay 0.0019% / 1h | 29m 59s | $157K | $65K | 10x |
| Short | Deribit BNB_USDC-PERPETUAL | 784.49 | 0.0200 | get 0.0025% / 1h | 29m 59s | $1.5M | $141K | 25x |
dYdX BNB-USD
Deribit BNB_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against dYdX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $9.8
- Price spread: +0.046% → +0.041%
- $0.51
- Slippage, 4 orders
- −$65.03
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$71.71
- Costs to cover
- 0.820%
- Break-even
- 58.2 days
Slippage from dYdX: live order book, 4 min ago; Deribit: live order book, 4 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, 4 min ago | 12.64 bp | 29.1 bp −$29 | 29.2 bp −$292 | 43.6 bp −$4,363 | 245.8 bp −$122.9K |
| Sell Deribit live order book, 4 min ago | 2.29 bp | 7.1 bp −$7 | 11.4 bp −$114 | 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 −0.0166% / S +0.0337% | 1h | 784.11 | −0.002% | $43K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 784.41 | +0.036% | $4K | — | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0021% | 1h | 784.03 | −0.013% | $2.5M | $1.2M | 50x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 786.06 | +0.246% | $3.0M | $27.5M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 785.22 | +0.139% | $847K | $2.7M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 784.06 | −0.009% | $9.4M | — | 150x | as long as short |
| Aster BNBUSDT | +0.0020% | 8h | 784.79 | +0.084% | $5.9M | $18.3M | 200x | as long as short |
| BingX BNB-USDT | +0.0031% | 8h | 784.29 | +0.021% | — | $22.1M | — | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.673% | $19K | $789K | 30x | as long as short |
| MEXC BNB_USDT | +0.0036% | 8h | 785.80 | +0.213% | $82.3M | $12.2M | 200x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
Kraken Futures PF_BNBUSD
GRVT BNB_USDT_Perp
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Aster BNBUSDT
BingX BNB-USDT
Injective BNB/USDC PERP
MEXC BNB_USDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNBUSDT | +0.0037% | 8h | 784.83 | +0.090% | $487.8M | $808.7M | 75x | as long as short |
| Lighter BNB | +0.0096% | 1h | 784.21 | +0.010% | $2.7M | $3.6M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 783.85 | −0.036% | $1.4M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 784.78 | +0.083% | $51.5M | $17.6M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 784.31 | +0.023% | $1.2M | $937K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 784.08 | −0.006% | $138.1M | $73.2M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 784.00 | −0.016% | $53.3M | $110.2M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 784.30 | +0.022% | $52K | $125K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 784.30 | +0.022% | $39.4M | $55.8M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 783.86 | −0.034% | $27.6M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 783.89 | −0.030% | $75.2M | $32.4M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 784.60 | +0.060% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 784.02 | −0.014% | $4.2M | $5.0M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 785.26 | +0.145% | $4.1M | $76.2M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 785.29 | +0.148% | $158K | $440K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 784.05 | −0.010% | $131K | $924K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 784.10 | −0.004% | $264K | $358K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 784.27 | +0.017% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 784.89 | +0.097% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 784.40 | +0.035% | $386K | $942K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 784.22 | +0.012% | $8.0M | $10.3M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 784.67 | +0.069% | $78K | $37K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 783.55 | −0.074% | $1.8M | $5.8M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 784.06 | −0.008% | $377K | $110K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0109% | 8h | 784.80 | +0.086% | $159K | $2.6M | 4.8x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0120% | 1h | 785.76 | +0.208% | $547K | $1.9M | 50x | as long as short |
| Phoenix BNB | +0.0120% | 1h | 785.84 | +0.218% | $158K | $38K | 10x | as long as short |
| BloFin BNB-USDT | +0.0148% | 8h | 784.83 | +0.089% | $17.8M | $2.2M | 75x | as long as short |
| dYdX BNB-USDlong | +0.0153% | 1h | 784.13 | long leg | $157K | $65K | 10x | |
| Deribit BNB_USDC-PERPETUALshort | +0.0200% | 1h | 784.49 | +0.046% | $1.5M | $141K | 25x | |
| Bulk BNB-USD | +0.0212% | 1h | 785.97 | +0.235% | $637K | $831 | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0232% | 1h | 784.59 | +0.059% | $28K | $3K | 10x | as long as short |
| Phemex BNBUSDT | +0.0233% | 8h | 784.75 | +0.079% | $68.3M | $50.9M | 50x | as long as short |
| Reya BNBRUSDPERP | +0.0319% | 1h | 783.81 | −0.041% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0355% | 1h | 784.36 | +0.029% | $1.1M | $911K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0416% | 1h | 784.55 | +0.054% | $67K | $39K | 12x | as long as short |
Binance BNBUSDT
Lighter BNB
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Kalshi KXBNBPERP
Coinbase International BNB-PERP-INTX
Phoenix BNB
BloFin BNB-USDT
Bulk BNB-USD
01 Exchange BNBUSD
Phemex BNBUSDT
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P