BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0261%/8h= +28.5% APRnext payment +$0.33 per $10,000 · paid last 24h +0.064%

Price spread now: Derive against GMX−0.011%7-day average — · you buy dearer than you sell

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

Long on GMX Short on Derive

What this pair did over the last

the charts below follow

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$8 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX BNB/USD [WBTC.b-USDC]	792.68	L −0.0161% / S +0.0334%	get 0.0020% / 1h	46m 29s	$47K	—	200x
Short	Derive BNB-PERP	792.60	0.0100	get 0.0013% / 1h	46m 29s	$32K	$9K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive against GMX. 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 GMXbpFee DerivebpOrdersPrice spread, now −0.011%Rate

Funding earned: $54.72
Price spread: −0.011% → 0.000%: −$1.05
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Derive: 3 bp × 2 orders: −$6
Net: $35.67
Costs to cover: 0.180%
Break-even: 2.4 days

Slippage unknown: GMX: no order-book sample; Derive: 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 GMX no order-book sample	—	—	—	—	—
Sell Derive no order-book sample	—	—	—	—	—

GMX and Derive: 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 −0.0161% / S +0.0334%	1h	792.68	long leg	$47K	—	200x
Kraken Futures PF_BNBUSD	−0.0132%	1h	792.59	−0.012%	$2.5M	$1.0M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	793.03	+0.044%	$4K	$239	25x	as long as short
Gate BNB_USDT	−0.0024%	8h	792.70	+0.002%	$35.4M	$55.3M	75x	as long as short
StandX BNB-USD	0.0000%	1h	793.57	+0.112%	$858K	$3.0M	30x	as long as short
GRVT BNB_USDT_Perp	+0.0002%	8h	793.91	+0.155%	$3.0M	$28.4M	10x	as long as short
Variational Omni BNB	+0.0006%	8h	792.93	+0.031%	$4.1M	$5.1M	—	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	792.71	+0.004%	$9.7M	—	150x	as long as short
Aster BNBUSDT	+0.0033%	8h	793.46	+0.098%	$6.1M	$19.9M	200x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.565%	$19K	$789K	30x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX BNB-USD	+0.0039%	1h	793.14	+0.058%	$160K	$63K	10x	as long as short
Phemex BNBUSDT	+0.0046%	8h	793.29	+0.077%	$69.3M	$50.3M	50x	as long as short
BingX BNB-USDT	+0.0050%	8h	792.98	+0.037%	—	$35.0M	—	as long as short
Coinbase International BNB-PERP-INTX	+0.0056%	1h	792.52	−0.021%	$608K	$1.1M	50x	as long as short
MEXC BNB_USDT	+0.0062%	8h	793.60	+0.116%	$82.3M	$12.7M	200x	as long as short
Binance BNBUSDT	+0.0062%	8h	793.38	+0.088%	$493.6M	$814.6M	75x	as long as short
Phoenix BNB	+0.0088%	1h	792.08	−0.076%	$170K	$36K	10x	as long as short
Bybit BNBUSDT	+0.0089%	8h	792.71	+0.003%	$138.1M	$77.0M	75x	as long as short
Lighter BNB	+0.0096%	1h	793.03	+0.044%	$2.8M	$3.9M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	792.39	−0.037%	$383K	$409K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	792.75	+0.008%	$1.4M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	793.16	+0.060%	$1.2M	$932K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	792.60	−0.010%	$53.2M	$111.0M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	793.10	+0.053%	$52K	$134K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	792.69	+0.001%	$27.7M	$10.0M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	792.84	+0.020%	$77.4M	$28.3M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	793.89	+0.153%	$4.1M	$76.8M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	793.99	+0.165%	$160K	$435K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	792.66	−0.003%	$112K	$887K	10x	as long as short
Derive BNB-PERPshort	+0.0100%	1h	792.60	−0.011%	$32K	$9K	10x
SunX BNB-USDT	+0.0100%	8h	793.17	+0.061%	$13K	$1.6M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	792.70	+0.002%	$390K	$995K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	792.29	−0.049%	$8.1M	$8.7M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	793.49	+0.102%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	792.45	−0.030%	$1.7M	$6.0M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	792.49	−0.024%	$381K	$110K	10x	as long as short
Hyperliquid BNB	+0.0123%	1h	793.48	+0.101%	$52.6M	$19.8M	10x	as long as short
RISEx BNB/USDC	+0.0131%	1h	793.05	+0.047%	$1.1M	$1.4M	20x	as long as short
Kalshi KXBNBPERP	+0.0159%	8h	793.30	+0.078%	$106K	$2.8M	4.8x	as long as short
Bulk BNB-USD	+0.0167%	1h	793.21	+0.066%	$644K	$10K	10x	as long as short
BloFin BNB-USDT	+0.0182%	8h	794.06	+0.174%	$18.1M	$2.5M	75x	as long as short
01 Exchange BNBUSD	+0.0240%	1h	793.55	+0.109%	$28K	$2K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	792.93	+0.031%	$1.6M	$161K	25x	as long as short
Reya BNBRUSDPERP	+0.0329%	1h	792.51	−0.022%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0366%	1h	793.53	+0.107%	$2.7M	$5.7M	40x	as long as short
Hibachi BNB/USDT-P	+0.0472%	1h	793.05	+0.047%	$68K	$38K	12x	as long as short