BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0298%/8h= +32.6% APRnext payment +$0.37 per $10,000 · paid last 24h +0.083%

Price spread now: RISEx against GMX−0.037%46s7-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 RISEx

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

Funding pays, the price is against you. RISEx is 0.037% cheaper against GMX than usual: you would sell low and buy high (spread −0.037% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 10 hours of funding at the current rate (+$9 a day). The two prices were read 46 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	GMX BNB/USD [WBTC.b-USDC]	791.46	L −0.0167% / S +0.0335%	get 0.0021% / 1h	38m 33s	$46K	—	200x
Short	RISEx BNB/USDC	791.17	0.0131	get 0.0016% / 1h	38m 33s	$1.1M	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.037%Rate

Funding earned: $62.55
Price spread: −0.037% → 0.000%: −$3.68
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee RISEx: 3 bp × 2 orders: −$6
Net: $40.88
Costs to cover: 0.180%
Break-even: 2.4 days

Slippage unknown: GMX: no order-book sample; RISEx: live order book, just now. 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 RISEx live order book, just now	1.33 bp	4.3 bp −$4	10.0 bp −$100	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 −0.0167% / S +0.0335%	1h	791.46	long leg	$46K	—	200x
Kraken Futures PF_BNBUSD	−0.0132%	1h	791.80	+0.043%	$2.5M	$1.0M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	791.72	+0.033%	$4K	$239	25x	as long as short
Gate BNB_USDT	−0.0008%	8h	791.15	−0.039%	$35.3M	$55.6M	75x	as long as short
StandX BNB-USD	0.0000%	1h	790.95	−0.064%	$855K	$3.1M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	791.61	+0.018%	$9.6M	—	150x	as long as short
Variational Omni BNB	+0.0016%	8h	791.83	+0.046%	$4.1M	$5.0M	—	as long as short
GRVT BNB_USDT_Perp	+0.0023%	8h	792.65	+0.150%	$3.0M	$28.6M	10x	as long as short
Aster BNBUSDT	+0.0030%	8h	792.10	+0.080%	$6.1M	$19.9M	200x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.722%	$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	791.10	−0.046%	$160K	$63K	10x	as long as short
BingX BNB-USDT	+0.0049%	8h	791.16	−0.038%	—	$34.9M	—	as long as short
Coinbase International BNB-PERP-INTX	+0.0056%	1h	791.17	−0.037%	$607K	$1.1M	50x	as long as short
MEXC BNB_USDT	+0.0060%	8h	791.90	+0.056%	$82.1M	$12.7M	200x	as long as short
Binance BNBUSDT	+0.0061%	8h	791.84	+0.048%	$492.6M	$817.3M	75x	as long as short
Phemex BNBUSDT	+0.0075%	8h	792.18	+0.091%	$69.3M	$50.5M	50x	as long as short
Phoenix BNB	+0.0088%	1h	793.58	+0.268%	$171K	$36K	10x	as long as short
Lighter BNB	+0.0096%	1h	791.54	+0.010%	$2.8M	$4.0M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	791.47	+0.001%	$383K	$409K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	791.10	−0.045%	$1.4M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	791.57	+0.014%	$1.2M	$926K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	791.15	−0.039%	$138.0M	$77.4M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	790.90	−0.071%	$53.0M	$110.9M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	791.30	−0.020%	$52K	$134K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	791.10	−0.045%	$27.6M	$10.0M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	790.81	−0.082%	$77.0M	$28.4M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	793.83	+0.300%	$4.1M	$76.7M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	794.01	+0.322%	$160K	$436K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	791.52	+0.008%	$111K	$889K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	791.69	+0.029%	$31K	$9K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	792.21	+0.095%	$13K	$1.6M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	791.70	+0.030%	$389K	$995K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	790.89	−0.072%	$8.1M	$8.7M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	791.55	+0.012%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	790.82	−0.081%	$1.7M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	791.60	+0.017%	$380K	$110K	10x	as long as short
Hyperliquid BNB	+0.0107%	1h	791.86	+0.051%	$51.9M	$19.8M	10x	as long as short
RISEx BNB/USDCshort	+0.0131%	1h	791.17	−0.037%	$1.1M	$1.3M	20x
Kalshi KXBNBPERP	+0.0163%	8h	791.70	+0.030%	$111K	$2.8M	4.8x	as long as short
Bulk BNB-USD	+0.0167%	1h	793.21	+0.221%	$644K	$10K	10x	as long as short
BloFin BNB-USDT	+0.0182%	8h	794.06	+0.329%	$18.1M	$2.5M	75x	as long as short
01 Exchange BNBUSD	+0.0240%	1h	791.49	+0.004%	$28K	$2K	10x	as long as short
Reya BNBRUSDPERP	+0.0329%	1h	791.26	−0.025%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0394%	1h	792.52	+0.134%	$2.7M	$5.7M	40x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0400%	1h	792.10	+0.081%	$1.5M	$161K	25x	as long as short
Hibachi BNB/USDT-P	+0.0504%	1h	790.50	−0.121%	$68K	$38K	12x	as long as short