Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Orderly against edgeX−0.093%71s7-day average −0.039% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.058%−$6 · spread now −0.093%, 7d avg −0.039%
=Together, before fees−0.058%+ Points / potential airdropedgeX: Active · farm board−$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.054% cheaper against edgeX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.039%. The two prices were read 71 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 | edgeX BNBUSDC | 787.96 | 0.0100 | pay 0.0050% / 4h | 1h 56m | $4.1M | $75.4M | 30x |
| Short | Orderly PERP_BNB_USDC | 787.23 | 0.0100 | get 0.0100% / 8h | 5h 56m | $264K | $297K | 50x |
edgeX BNBUSDC
Orderly PERP_BNB_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against edgeX. 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
- $0
- Price spread: −0.093% → −0.039%
- −$5.36
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$20.36
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 1 min ago; Orderly: 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 edgeX live order book, 1 min ago | 2.54 bp | 7.0 bp −$7 | 7.0 bp −$70 | 10.7 bp −$1,073 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 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 | 787.27 | −0.088% | $43K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0085% | 1h | 787.21 | −0.095% | $2.5M | $1.2M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 788.09 | +0.016% | $4K | — | 25x | as long as short |
| Aster BNBUSDT | 0.0000% | 8h | 787.88 | −0.011% | $5.9M | $17.1M | 200x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 787.97 | +0.001% | $2.9M | $26.4M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 787.90 | −0.008% | $139K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 788.38 | +0.053% | $850K | $2.9M | 30x | as long as short |
| Deribit BNB_USDC-PERPETUAL | 0.0000% | 1h | 787.54 | −0.053% | $1.5M | $157K | 25x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 787.45 | −0.065% | $9.5M | — | 150x | as long as short |
| MEXC BNB_USDT | +0.0016% | 8h | 789.10 | +0.144% | $83.4M | $11.7M | 200x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Hotstuff BNB-PERP
Aster BNBUSDT
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
Deribit BNB_USDC-PERPETUAL
gTrade (Gains Network) BNB/USD
MEXC BNB_USDTShow all 45 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNBUSDT | +0.0016% | 8h | 787.90 | −0.009% | $481.7M | $766.6M | 75x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.174% | $19K | $789K | 30x | as long as short |
| Bybit BNBUSDT | +0.0050% | 8h | 787.01 | −0.121% | $138.5M | $67.1M | 75x | as long as short |
| BloFin BNB-USDT | +0.0067% | 8h | 788.01 | +0.006% | $18.4M | $2.2M | 75x | as long as short |
| Phemex BNBUSDT | +0.0089% | 8h | 787.88 | −0.011% | $68.5M | $51.1M | 50x | as long as short |
| Phoenix BNB | +0.0094% | 1h | 787.95 | −0.002% | $158K | $45K | 10x | as long as short |
| Lighter BNB | +0.0096% | 1h | 787.44 | −0.066% | $2.7M | $3.3M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 787.41 | −0.070% | $1.4M | $2.4M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 787.94 | −0.003% | $51.9M | $16.9M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 787.87 | −0.012% | $1.2M | $932K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 787.20 | −0.097% | $53.3M | $102.2M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 787.70 | −0.033% | $57K | $122K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 787.25 | −0.090% | $41.1M | $53.7M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 787.13 | −0.106% | $28.2M | $9.6M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 786.99 | −0.123% | $75.6M | $30.7M | 75x | as long as short |
| BingX BNB-USDT | +0.0100% | 8h | 787.44 | −0.066% | — | $50.2M | — | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 787.75 | −0.027% | $2.2M | $6.0M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 787.17 | −0.101% | $4.3M | $4.5M | — | as long as short |
| edgeX BNBUSDClong | +0.0100% | 4h | 787.96 | long leg | $4.1M | $75.4M | 30x | |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 787.98 | +0.002% | $159K | $444K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 787.37 | −0.075% | $130K | $905K | 10x | as long as short |
| Orderly PERP_BNB_USDCshort | +0.0100% | 8h | 787.23 | −0.093% | $264K | $297K | 50x | |
| SunX BNB-USDT | +0.0100% | 8h | 787.82 | −0.018% | $12K | $1.3M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 787.60 | −0.046% | $387K | $926K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 787.60 | −0.046% | $8.0M | $10.0M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 788.06 | +0.012% | $78K | $356K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 786.80 | −0.148% | $1.8M | $5.6M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 787.16 | −0.102% | $378K | $110K | 10x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0120% | 1h | 788.03 | +0.009% | $545K | $1.9M | 50x | as long as short |
| 01 Exchange BNBUSD | +0.0240% | 1h | 787.97 | +0.001% | $28K | $3K | 10x | as long as short |
| Bulk BNB-USD | +0.0282% | 1h | 788.09 | +0.017% | $639K | $0 | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0317% | 1h | 786.94 | −0.130% | $6K | $3K | 40x | as long as short |
| Hibachi BNB/USDT-P | +0.0320% | 1h | 787.75 | −0.028% | $67K | $37K | 12x | as long as short |
| RISEx BNB/USDC | +0.0393% | 1h | 787.81 | −0.019% | $1.1M | $901K | 20x | as long as short |
| dYdX BNB-USD | +0.1122% | 1h | 787.47 | −0.062% | $158K | $34K | 10x | as long as short |
Binance BNBUSDT
Injective BNB/USDC PERP
Bybit BNBUSDT
BloFin BNB-USDT
Phemex BNBUSDT
Phoenix BNB
Lighter BNB
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
BingX BNB-USDT
Backpack BNB_USDC_PERP
Variational Omni BNB
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Coinbase International BNB-PERP-INTX
01 Exchange BNBUSD
Bulk BNB-USD
Reya BNBRUSDPERP
Hibachi BNB/USDT-P
RISEx BNB/USDC
dYdX BNB-USD