Funding you earn now, next payment 23:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h +0.102%
Price spread now: dYdX against Extended+0.104%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$530.531% of the position
Funding, last 7 days+0.431%+$43 on $10k
+Price spread, last 4 days (all we have)−0.052%−$5 · spread now +0.104%, 7d avg +0.056%
=Together, before fees+0.380%+ Points / potential airdropExtended: Active · farm board+$38 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 dYdX is 0.048% dearer against Extended than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.056%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended BNB-USD | 804.01 | 0.0104 | pay 0.0013% / 1h | 58m 27s | $1.9M | $5.9M | 50x |
| Short | dYdX BNB-USD | 804.85 | 0.0137 | get 0.0017% / 1h | 58m 27s | $162K | $63K | 10x |
Extended BNB-USD
dYdX BNB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Extended. 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
- $6.93
- Price spread: +0.104% → +0.056%
- $4.83
- Slippage, 4 orders
- −$38.08
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$41.32
- Costs to cover
- 0.531%
- Break-even
- 48.7 days
Slippage from Extended: live order book, 5 min ago; dYdX: live order book, 26 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 Extended live order book, 5 min ago | 0.06 bp | 2.7 bp −$3 | 4.0 bp −$40 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 26 min ago | 12.51 bp | 19.7 bp −$20 | 155.0 bp −$1,550 | 267.1 bp −$26.7K | 529.2 bp −$264.6K |
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 −0.0195% / S +0.0371% | 1h | 804.52 | +0.062% | $49K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 804.54 | +0.065% | $4K | $1K | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 805.06 | +0.131% | $3.0M | $29.5M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 805.00 | +0.123% | $108K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 804.50 | +0.060% | $869K | $2.8M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 804.54 | +0.066% | $9.8M | — | 150x | as long as short |
| Variational Omni BNB | +0.0047% | 8h | 804.12 | +0.013% | $4.1M | $5.3M | — | as long as short |
| BingX BNB-USDC | +0.0056% | 8h | 804.69 | +0.084% | — | $13.3M | — | as long as short |
| Bybit BNBUSDT | +0.0079% | 8h | 804.00 | −0.002% | $139.5M | $81.7M | 75x | as long as short |
| Lighter BNB | +0.0096% | 1h | 804.69 | +0.085% | $2.8M | $4.2M | 20x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Variational Omni BNB
BingX BNB-USDC
Bybit BNBUSDT
Lighter BNBShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BNB-PERP-INTX | +0.0096% | 1h | 804.54 | +0.065% | $607K | $880K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 804.14 | +0.016% | $1.5M | $2.8M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 804.89 | +0.109% | $51.8M | $22.0M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 804.59 | +0.072% | $1.2M | $925K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 804.10 | +0.011% | $55.1M | $115.9M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 804.70 | +0.085% | $53K | $170K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 804.30 | +0.036% | $36.1M | $56.9M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 804.36 | +0.043% | $28.2M | $10.5M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 803.93 | −0.010% | $78.9M | $24.8M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 805.30 | +0.160% | $4.2M | $76.5M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 805.23 | +0.151% | $159K | $437K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 804.23 | +0.027% | $116K | $872K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 804.62 | +0.075% | $389K | $592K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 804.83 | +0.102% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 805.15 | +0.142% | $13K | $1.7M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 804.70 | +0.085% | $396K | $1.0M | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 805.09 | +0.134% | $1.6M | $165K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 804.49 | +0.059% | $8.2M | $7.5M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 805.01 | +0.124% | $79K | $19K | 50x | as long as short |
| Aster BNBUSDT | +0.0100% | 8h | 804.89 | +0.109% | $6.4M | $18.8M | 200x | as long as short |
| Extended BNB-USDlong | +0.0104% | 1h | 804.01 | long leg | $1.9M | $5.9M | 50x | |
| Aevo BNB-PERP | +0.0104% | 1h | 804.82 | +0.100% | $387K | $40K | 10x | as long as short |
| MEXC BNB_USDT | +0.0116% | 8h | 805.30 | +0.160% | $84.5M | $13.3M | 200x | as long as short |
| Binance BNBUSDT | +0.0117% | 8h | 804.87 | +0.106% | $519.8M | $806.2M | 75x | as long as short |
| Phoenix BNB | +0.0125% | 1h | 805.17 | +0.144% | $173K | $35K | 10x | as long as short |
| dYdX BNB-USDshort | +0.0137% | 1h | 804.85 | +0.104% | $162K | $63K | 10x | |
| Phemex BNBUSDT | +0.0139% | 8h | 805.22 | +0.150% | $70.3M | $51.8M | 50x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0206% | 1h | 804.39 | +0.046% | $2.5M | $927K | 50x | as long as short |
| BloFin BNB-USDT | +0.0237% | 8h | 805.20 | +0.148% | $18.9M | $3.1M | 75x | as long as short |
| Hibachi BNB/USDT-P | +0.0256% | 1h | 804.55 | +0.066% | $71K | $48K | 12x | as long as short |
| Bulk BNB-USD | +0.0273% | 1h | 805.26 | +0.155% | $650K | $14K | 10x | as long as short |
| Injective BNB/USDC PERP | +0.0311% | 1h | 804.89 | +0.109% | $19K | $627K | 30x | as long as short |
| RISEx BNB/USDC | +0.0318% | 1h | 804.57 | +0.069% | $1.1M | $1.4M | 20x | as long as short |
| Reya BNBRUSDPERP | +0.0334% | 1h | 803.99 | −0.002% | $6K | $3K | 40x | as long as short |
| 01 Exchange BNBUSD | +0.0336% | 1h | 805.20 | +0.148% | $28K | $1K | 10x | as long as short |
| Backpack BNB_USDC_PERP | +0.0608% | 1h | 805.65 | +0.203% | $3.0M | $5.5M | 40x | as long as short |
Coinbase International BNB-PERP-INTX
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
Aster BNBUSDT
Aevo BNB-PERP
MEXC BNB_USDT
Binance BNBUSDT
Phoenix BNB
Phemex BNBUSDT
Kraken Futures PF_BNBUSD
BloFin BNB-USDT
Hibachi BNB/USDT-P
Bulk BNB-USD
Injective BNB/USDC PERP
RISEx BNB/USDC
Reya BNBRUSDPERP
01 Exchange BNBUSD
Backpack BNB_USDC_PERP