BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0063%/8h= −7.0% APRnext payment −$0.08 per $10,000 · paid last 24h −0.109%

Price spread now: StandX against dYdX+0.078%7-day average +0.069% · you sell dearer than you buy

Net, funding: paid 7d − costs−$123as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$600.599% of the position

Long on dYdX Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.628%−$63 on $10k

Price spread, last 4 days (all we have)+0.188%+$19 · spread now +0.078%, 7d avg +0.069%

Together, before fees−0.440%+ Points / potential airdropStandX: Active · farm board−$44 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.069%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX BNB-USD	786.61	0.0063	pay 0.0008% / 1h	51m 11s	$159K	$62K	10x
Short	StandX BNB-USD	787.23	0	get 0.0000% / 1h	51m 11s	$849K	$2.7M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX 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 StandXbpOrdersPrice spread, now +0.078%Rate

Funding earned: −$13.33
Price spread: +0.078% → +0.069%: $0.99
Slippage, 4 orders: −$41.9
Fee dYdX: 5 bp × 2 orders: −$10
Fee StandX: 4 bp × 2 orders: −$8
Net: −$72.24
Costs to cover: 0.599%
Break-even: never at this rate

Slippage from dYdX: live order book, 53 min ago; StandX: live order book, 3 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, 53 min ago	11.56 bp	21.1 bp −$21	41.5 bp −$415	70.2 bp −$7,015	274.3 bp −$137.2K
Sell StandX live order book, 3 min ago	3.81 bp	11.7 bp −$12	14.3 bp −$143	56.1 bp −$5,614	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 −0.0168% / S +0.0337%	1h	786.52	−0.012%	$43K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	786.81	+0.025%	$4K	$42	25x	as long as short
Kraken Futures PF_BNBUSD	−0.0050%	1h	786.55	−0.008%	$2.5M	$1.2M	50x	as long as short
StandX BNB-USDshort	0.0000%	1h	787.23	+0.078%	$849K	$2.7M	30x
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	786.70	+0.010%	$9.5M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.349%	$19K	$789K	30x	as long as short
BingX BNB-USDT	+0.0045%	8h	786.71	+0.012%	—	$22.4M	—	as long as short
Aster BNBUSDT	+0.0048%	8h	787.20	+0.075%	$6.1M	$18.8M	200x	as long as short
MEXC BNB_USDT	+0.0056%	8h	787.80	+0.151%	$81.1M	$11.9M	200x	as long as short
Binance BNBUSDT	+0.0056%	8h	787.09	+0.061%	$489.1M	$821.3M	75x	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	+0.0063%	1h	786.61	long leg	$159K	$62K	10x
Phemex BNBUSDT	+0.0078%	8h	787.26	+0.082%	$68.8M	$51.4M	50x	as long as short
Lighter BNB	+0.0096%	1h	786.64	+0.004%	$2.7M	$3.8M	20x	as long as short
Phoenix BNB	+0.0100%	1h	787.08	+0.059%	$169K	$35K	10x	as long as short
Nado BNB-PERP	+0.0100%	1h	786.75	+0.017%	$1.4M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	787.41	+0.101%	$51.5M	$17.7M	10x	as long as short
Pacifica BNB	+0.0100%	1h	787.15	+0.068%	$1.2M	$934K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	786.48	−0.017%	$138.3M	$74.9M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	786.30	−0.040%	$53.5M	$113.1M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	787.10	+0.062%	$52K	$129K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	786.75	+0.017%	$38.1M	$57.4M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	786.23	−0.049%	$27.7M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	786.37	−0.031%	$76.4M	$31.8M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	786.91	+0.038%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	785.70	−0.115%	$4.0M	$4.8M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	786.78	+0.021%	$4.1M	$76.1M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	786.70	+0.011%	$158K	$438K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	786.69	+0.010%	$131K	$953K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	786.56	−0.007%	$265K	$439K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	786.67	+0.007%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	787.26	+0.082%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	786.70	+0.011%	$387K	$975K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0100%	1h	786.97	+0.046%	$1.5M	$145K	25x	as long as short
HTX BNB-USDT	+0.0100%	8h	786.88	+0.034%	$8.0M	$10.3M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	787.43	+0.104%	$78K	$18K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	786.19	−0.054%	$1.8M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	786.60	−0.001%	$378K	$110K	10x	as long as short
Coinbase International BNB-PERP-INTX	+0.0104%	1h	787.02	+0.052%	$563K	$1.9M	50x	as long as short
Kalshi KXBNBPERP	+0.0115%	8h	787.50	+0.113%	$170K	$2.7M	4.8x	as long as short
BloFin BNB-USDT	+0.0176%	8h	787.29	+0.086%	$17.7M	$2.2M	75x	as long as short
GRVT BNB_USDT_Perp	+0.0226%	8h	787.01	+0.051%	$2.9M	$28.6M	10x	as long as short
Bulk BNB-USD	+0.0230%	1h	786.88	+0.034%	$638K	$831	10x	as long as short
01 Exchange BNBUSD	+0.0272%	1h	787.37	+0.096%	$28K	$4K	10x	as long as short
Reya BNBRUSDPERP	+0.0321%	1h	786.55	−0.009%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0350%	1h	787.18	+0.072%	$1.1M	$907K	20x	as long as short
Hibachi BNB/USDT-P	+0.0456%	1h	786.67	+0.008%	$67K	$39K	12x	as long as short