BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0092%/8h= +10.1% APRpaid last 24h +0.027%

Price spread now: Orderly against gTrade (Gains Network)−0.015%7-day average +0.035% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.091%+$9 on $10k

Price spread, last 4 days (all we have)−0.095%−$9 · spread now −0.015%, 7d avg +0.035%

Together, before fees−0.004%$0 on $10k · with fees, hour by hour

Funding pays, the price is against you. Orderly is 0.050% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.015% now, against its 7-day average of +0.035%). If the spread goes back, that is −$5 on $10k: about 43 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) BNB/USD	790.57	L +0.0008% / S −0.0007%	pay 0.0001% / 1h	30m 23s	$9.6M	—	150x
Short	Orderly PERP_BNB_USDC	790.45	0.0100	get 0.0100% / 8h	5h 30m	$266K	$498K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee OrderlybpOrdersPrice spread, now −0.015%Rate

Funding earned: $19.41
Price spread: −0.015% → +0.035%: −$5.03
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$1.62
Costs to cover: 0.160%
Break-even: 7.6 days

Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 4 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 gTrade (Gains Network) virtual book (oracle venue), 4 min ago	130.01 bp	135.0 bp −$135	135.0 bp −$1,350	416.8 bp −$41.7K	2253.7 bp −$1.13M
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 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 −0.0167% / S +0.0335%	1h	790.54	−0.004%	$46K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	790.79	+0.028%	$4K	$239	25x	as long as short
StandX BNB-USD	0.0000%	1h	791.65	+0.137%	$856K	$3.2M	30x	as long as short
gTrade (Gains Network) BNB/USDlong	L +0.0008% / S −0.0007%	1h	790.57	long leg	$9.6M	—	150x
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.837%	$19K	$789K	30x	as long as short
Coinbase International BNB-PERP-INTX	+0.0048%	1h	789.79	−0.098%	$617K	$1.8M	50x	as long as short
Aster BNBUSDT	+0.0049%	8h	791.50	+0.118%	$6.3M	$18.7M	200x	as long as short
BingX BNB-USDT	+0.0059%	8h	790.93	+0.046%	—	$34.4M	—	as long as short
Phemex BNBUSDT	+0.0073%	8h	791.03	+0.058%	$69.3M	$51.1M	50x	as long as short
MEXC BNB_USDT	+0.0075%	8h	791.70	+0.143%	$80.4M	$12.4M	200x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BNBUSDT	+0.0076%	8h	791.13	+0.071%	$494.6M	$803.4M	75x	as long as short
Kraken Futures PF_BNBUSD	+0.0091%	1h	790.36	−0.026%	$2.5M	$1.2M	50x	as long as short
Variational Omni BNB	+0.0096%	8h	790.49	−0.010%	$4.1M	$4.6M	—	as long as short
Lighter BNB	+0.0096%	1h	791.13	+0.071%	$2.8M	$3.9M	20x	as long as short
Orderly PERP_BNB_USDCshort	+0.0100%	8h	790.45	−0.015%	$266K	$498K	50x
Nado BNB-PERP	+0.0100%	1h	790.70	+0.017%	$1.5M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	791.33	+0.096%	$51.9M	$18.1M	10x	as long as short
Pacifica BNB	+0.0100%	1h	791.09	+0.066%	$1.2M	$908K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	790.50	−0.009%	$139.0M	$77.2M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	790.40	−0.021%	$53.6M	$112.2M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	791.10	+0.067%	$52K	$130K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	790.65	+0.010%	$35.4M	$56.9M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	790.65	+0.010%	$27.8M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	790.44	−0.016%	$77.0M	$30.1M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	791.12	+0.070%	$2.2M	$6.1M	40x	as long as short
edgeX BNBUSDC	+0.0100%	4h	790.40	−0.022%	$4.1M	$76.7M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	790.01	−0.071%	$159K	$440K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	790.64	+0.009%	$136K	$948K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	790.66	+0.011%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	791.36	+0.100%	$12K	$1.6M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	790.61	+0.005%	$8.1M	$9.1M	75x	as long as short
Paradex BNB-USD-PERP	+0.0103%	8h	791.60	+0.131%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	790.18	−0.049%	$1.8M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	790.57	+0.001%	$380K	$110K	10x	as long as short
Phoenix BNB	+0.0107%	1h	790.19	−0.048%	$170K	$35K	10x	as long as short
SoDEX BNB-USD	+0.0137%	1h	790.50	−0.009%	$389K	$1.0M	10x	as long as short
GRVT BNB_USDT_Perp	+0.0140%	8h	790.55	−0.003%	$2.9M	$28.2M	10x	as long as short
Kalshi KXBNBPERP	+0.0193%	8h	791.20	+0.080%	$91K	$2.8M	4.8x	as long as short
BloFin BNB-USDT	+0.0195%	8h	791.32	+0.095%	$18.1M	$2.3M	75x	as long as short
dYdX BNB-USD	+0.0234%	1h	790.32	−0.031%	$160K	$63K	10x	as long as short
01 Exchange BNBUSD	+0.0296%	1h	791.46	+0.113%	$28K	$4K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	790.92	+0.045%	$1.5M	$147K	25x	as long as short
Reya BNBRUSDPERP	+0.0327%	1h	790.39	−0.022%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0361%	1h	791.28	+0.090%	$1.1M	$1.0M	20x	as long as short
Bulk BNB-USD	+0.0383%	1h	789.79	−0.098%	$640K	$6K	10x	as long as short
Hibachi BNB/USDT-P	+0.0592%	1h	790.75	+0.022%	$68K	$38K	12x	as long as short