Funding you earn now, next payment 01:00 UTC+0.0259%/8h= +28.4% APRnext payment +$0.32 per $10,000 · paid last 24h +0.070%
Price spread now: ApeX Omni against GMX+0.283%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and ApeX Omni is 0.283% dearer against GMX than usual: you sell high and buy low: +$28 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX BNB/USD [WBTC.b-USDC] | 797.06 | L −0.0159% / S +0.0335% | get 0.0020% / 1h | 4m 34s | $47K | — | 200x |
| Short | ApeX Omni BNBUSDT | 799.32 | 0.0100 | get 0.0013% / 1h | 4m 34s | $161K | $436K | 50x |
GMX BNB/USD [WBTC.b-USDC]
ApeX Omni BNBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against GMX. 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
- $54.4
- Price spread: +0.283% → 0.000%
- $28.32
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $60.72
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; ApeX Omni: live order book, 3 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 3 min ago | 1.50 bp | 13.4 bp −$13 | 35.1 bp −$351 | doesn't fit | doesn't fit |
GMX: 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]long | L −0.0159% / S +0.0335% | 1h | 797.06 | long leg | $47K | — | 200x | |
| Kraken Futures PF_BNBUSD | −0.0121% | 1h | 797.02 | −0.005% | $2.5M | $1.0M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 797.81 | +0.094% | $4K | $239 | 25x | as long as short |
| Gate BNB_USDT | −0.0009% | 8h | 797.15 | +0.011% | $35.8M | $57.2M | 75x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 799.15 | +0.262% | $3.0M | $27.9M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 797.80 | +0.093% | $862K | $3.0M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 797.06 | 0.000% | $9.7M | — | 150x | as long as short |
| Variational Omni BNB | +0.0009% | 8h | 796.50 | −0.070% | $4.1M | $5.1M | — | as long as short |
| Phemex BNBUSDT | +0.0019% | 8h | 797.65 | +0.074% | $69.7M | $50.2M | 50x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +1.007% | $19K | $789K | 30x | as long as short |
Kraken Futures PF_BNBUSD
Hotstuff BNB-PERP
Gate BNB_USDT
GRVT BNB_USDT_Perp
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Variational Omni BNB
Phemex BNBUSDT
Injective BNB/USDC PERPShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BNBUSDT | +0.0045% | 8h | 797.96 | +0.112% | $6.1M | $19.5M | 200x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0048% | 1h | 797.60 | +0.067% | $610K | $1.1M | 50x | as long as short |
| BingX BNB-USDT | +0.0057% | 8h | 797.51 | +0.056% | — | $34.9M | — | as long as short |
| MEXC BNB_USDT | +0.0069% | 8h | 798.40 | +0.168% | $83.0M | $13.7M | 200x | as long as short |
| Binance BNBUSDT | +0.0069% | 8h | 798.10 | +0.130% | $496.8M | $810.4M | 75x | as long as short |
| Bybit BNBUSDT | +0.0075% | 8h | 797.30 | +0.030% | $138.6M | $76.2M | 75x | as long as short |
| Lighter BNB | +0.0096% | 1h | 797.74 | +0.085% | $2.8M | $4.0M | 20x | as long as short |
| Phoenix BNB | +0.0099% | 1h | 797.27 | +0.026% | $171K | $36K | 10x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 796.85 | −0.027% | $1.5M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 797.72 | +0.082% | $1.2M | $930K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 797.30 | +0.030% | $54.2M | $110.7M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 797.80 | +0.093% | $52K | $127K | 10x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 797.29 | +0.029% | $27.9M | $10.0M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 797.21 | +0.018% | $78.1M | $28.0M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 797.71 | +0.081% | $4.1M | $76.3M | 30x | as long as short |
| ApeX Omni BNBUSDTshort | +0.0100% | 1h | 799.32 | +0.283% | $161K | $436K | 50x | |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 796.99 | −0.009% | $113K | $885K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 797.01 | −0.007% | $385K | $467K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 797.12 | +0.007% | $32K | $9K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 797.74 | +0.085% | $13K | $1.6M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 797.20 | +0.017% | $392K | $995K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 797.04 | −0.003% | $8.2M | $8.4M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 798.28 | +0.153% | $78K | $18K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 797.06 | 0.000% | $1.8M | $6.0M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 797.03 | −0.004% | $383K | $110K | 10x | as long as short |
| Bulk BNB-USD | +0.0133% | 1h | 798.69 | +0.204% | $649K | $10K | 10x | as long as short |
| RISEx BNB/USDC | +0.0155% | 1h | 797.62 | +0.070% | $1.1M | $1.4M | 20x | as long as short |
| Kalshi KXBNBPERP | +0.0163% | 8h | 797.70 | +0.080% | $102K | $2.8M | 4.8x | as long as short |
| dYdX BNB-USD | +0.0187% | 1h | 797.56 | +0.062% | $161K | $63K | 10x | as long as short |
| BloFin BNB-USDT | +0.0190% | 8h | 797.60 | +0.067% | $18.1M | $2.5M | 75x | as long as short |
| 01 Exchange BNBUSD | +0.0200% | 1h | 798.09 | +0.129% | $28K | $1K | 10x | as long as short |
| Hyperliquid BNB | +0.0283% | 1h | 798.29 | +0.154% | $53.0M | $20.1M | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 797.43 | +0.046% | $1.6M | $161K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0330% | 1h | 796.63 | −0.054% | $6K | $3K | 40x | as long as short |
| Hibachi BNB/USDT-P | +0.0376% | 1h | 797.30 | +0.030% | $68K | $38K | 12x | as long as short |
| Backpack BNB_USDC_PERP | +0.0426% | 1h | 797.76 | +0.087% | $2.7M | $5.7M | 40x | as long as short |
Aster BNBUSDT
Coinbase International BNB-PERP-INTX
BingX BNB-USDT
MEXC BNB_USDT
Binance BNBUSDT
Bybit BNBUSDT
Lighter BNB
Phoenix BNB
Nado BNB-PERP
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
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
Bulk BNB-USD
RISEx BNB/USDC
Kalshi KXBNBPERP
dYdX BNB-USD
BloFin BNB-USDT
01 Exchange BNBUSD
Hyperliquid BNB
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
Hibachi BNB/USDT-P
Backpack BNB_USDC_PERP