Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Orderly against OKX−0.155%7-day average +0.058% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.050%+$5 on $10k
+Price spread, last 3 days (all we have)+0.172%+$17 · spread now −0.155%, 7d avg +0.058%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.213% cheaper against OKX than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of +0.058%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BNB-USDT-SWAP | 799.70 | 0.0100 | pay 0.0100% / 8h | 7h 28m | $54.3M | $111.0M | 50x |
| Short | Orderly PERP_BNB_USDC | 798.46 | 0.0100 | get 0.0100% / 8h | 7h 28m | $386K | $458K | 50x |
OKX BNB-USDT-SWAP
Orderly PERP_BNB_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against OKX. 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
- $0
- Price spread: −0.155% → +0.058%
- −$21.31
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$37.31
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 5 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 OKX live order book, 5 min ago | 0.63 bp | 7.2 bp −$7 | 9.2 bp −$92 | 19.3 bp −$1,925 | doesn't fit |
| 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 −0.0159% / S +0.0334% | 1h | 798.52 | −0.147% | $47K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0121% | 1h | 798.29 | −0.176% | $2.5M | $965K | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 798.83 | −0.109% | $4K | $239 | 25x | as long as short |
| BingX BNB-USDC | −0.0028% | 8h | 799.53 | −0.021% | — | $13.3M | — | as long as short |
| Bybit BNBUSDT | −0.0021% | 8h | 799.62 | −0.010% | $138.9M | $75.5M | 75x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 799.48 | −0.028% | $3.0M | $27.5M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 799.24 | −0.058% | $864K | $2.9M | 30x | as long as short |
| Variational Omni BNB | +0.0003% | 8h | 798.43 | −0.159% | $4.1M | $5.2M | — | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 798.55 | −0.144% | $9.7M | — | 150x | as long as short |
| Phemex BNBUSDT | +0.0019% | 8h | 799.07 | −0.079% | $69.8M | $50.3M | 50x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Hotstuff BNB-PERP
BingX BNB-USDC
Bybit BNBUSDT
GRVT BNB_USDT_Perp
StandX BNB-USD
Variational Omni BNB
gTrade (Gains Network) BNB/USD
Phemex BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +0.674% | $19K | $789K | 30x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0048% | 1h | 798.73 | −0.121% | $602K | $972K | 50x | as long as short |
| Gate BNB_USDT | +0.0053% | 8h | 800.00 | +0.038% | $35.8M | $56.2M | 75x | as long as short |
| Aster BNBUSDT | +0.0060% | 8h | 800.52 | +0.103% | $6.2M | $19.1M | 200x | as long as short |
| MEXC BNB_USDT | +0.0082% | 8h | 800.80 | +0.138% | $83.3M | $13.6M | 200x | as long as short |
| Binance BNBUSDT | +0.0082% | 8h | 800.45 | +0.094% | $496.7M | $808.4M | 75x | as long as short |
| Lighter BNB | +0.0096% | 1h | 800.20 | +0.063% | $2.8M | $4.0M | 20x | as long as short |
| Phoenix BNB | +0.0099% | 1h | 798.91 | −0.099% | $172K | $36K | 10x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 798.45 | −0.156% | $1.5M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 800.13 | +0.054% | $1.2M | $924K | 20x | as long as short |
| OKX BNB-USDT-SWAPlong | +0.0100% | 8h | 799.70 | long leg | $54.3M | $111.0M | 50x | |
| Arcus BNB-USD | +0.0100% | 1h | 799.60 | −0.013% | $53K | $133K | 10x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 799.93 | +0.029% | $27.9M | $10.0M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 799.07 | −0.079% | $78.8M | $27.7M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 799.33 | −0.046% | $4.2M | $76.5M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 799.10 | −0.075% | $161K | $436K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 798.43 | −0.159% | $116K | $873K | 10x | as long as short |
| Orderly PERP_BNB_USDCshort | +0.0100% | 8h | 798.46 | −0.155% | $386K | $458K | 50x | |
| Derive BNB-PERP | +0.0100% | 1h | 798.61 | −0.136% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 799.32 | −0.048% | $13K | $1.6M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 798.70 | −0.125% | $393K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 798.75 | −0.119% | $8.2M | $8.2M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 800.63 | +0.116% | $78K | $18K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 799.48 | −0.028% | $1.8M | $6.3M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 798.52 | −0.147% | $384K | $108K | 10x | as long as short |
| Bulk BNB-USD | +0.0127% | 1h | 799.69 | −0.002% | $649K | $10K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0154% | 8h | 799.00 | −0.088% | $91K | $2.8M | 4.8x | as long as short |
| RISEx BNB/USDC | +0.0155% | 1h | 798.59 | −0.139% | $1.1M | $1.4M | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0176% | 1h | 798.70 | −0.125% | $69K | $38K | 12x | as long as short |
| BloFin BNB-USDT | +0.0203% | 8h | 799.12 | −0.073% | $18.1M | $2.6M | 75x | as long as short |
| 01 Exchange BNBUSD | +0.0208% | 1h | 799.07 | −0.079% | $28K | $1K | 10x | as long as short |
| dYdX BNB-USD | +0.0231% | 1h | 799.67 | −0.003% | $161K | $63K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 799.00 | −0.088% | $1.6M | $160K | 25x | as long as short |
| Hyperliquid BNB | +0.0310% | 1h | 800.85 | +0.144% | $53.2M | $20.6M | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0330% | 1h | 798.16 | −0.193% | $6K | $3K | 40x | as long as short |
| Backpack BNB_USDC_PERP | +0.0391% | 1h | 799.31 | −0.049% | $2.7M | $5.6M | 40x | as long as short |
Injective BNB/USDC PERP
Coinbase International BNB-PERP-INTX
Gate BNB_USDT
Aster BNBUSDT
MEXC BNB_USDT
Binance BNBUSDT
Lighter BNB
Phoenix BNB
Nado BNB-PERP
Pacifica BNB
Arcus BNB-USD
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
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
Kalshi KXBNBPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P
BloFin BNB-USDT
01 Exchange BNBUSD
dYdX BNB-USD
Deribit BNB_USDC-PERPETUAL
Hyperliquid BNB
Reya BNBRUSDPERP
Backpack BNB_USDC_PERP