Funding you earn now, next payment 08:00 UTC−0.0077%/8h= −8.4% APRnext payment −$0.77 per $10,000 · paid last 24h +0.001%
Price spread now: Aster against Orderly+0.067%7-day average +0.051% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.078%−$8 on $10k
+Price spread, last 4 days (all we have)+0.049%+$5 · spread now +0.067%, 7d avg +0.051%
=Together, before fees−0.029%+ Points / potential airdropAster: Stage 5 · farm board−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.051%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_BNB_USDC | 786.73 | 0.0100 | pay 0.0100% / 8h | 3h 02m | $265K | $491K | 50x |
| Short | Aster BNBUSDT | 787.26 | 0.0023 | get 0.0023% / 8h | 3h 02m | $6.1M | $19.1M | 200x |
Orderly PERP_BNB_USDC
Aster BNBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Orderly. 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
- −$16.12
- Price spread: +0.067% → +0.051%
- $1.68
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$28.44
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Aster: live order book, 2 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 2 min ago | 0.38 bp | 4.8 bp −$5 | 5.7 bp −$57 | 20.1 bp −$2,007 | doesn't fit |
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 −0.0192% / S +0.0356% | 1h | 786.58 | −0.018% | $46K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0124% | 1h | 786.71 | −0.003% | $2.5M | $1.2M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 787.07 | +0.043% | $4K | $42 | 25x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 787.20 | +0.060% | $122K | $2.7M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 788.43 | +0.216% | $850K | $3.1M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 786.67 | −0.008% | $9.5M | — | 150x | as long as short |
| Aster BNBUSDTshort | +0.0023% | 8h | 787.26 | +0.067% | $6.1M | $19.1M | 200x | |
| BingX BNB-USDC | +0.0033% | 8h | 787.32 | +0.075% | — | $13.4M | — | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.334% | $19K | $789K | 30x | as long as short |
| MEXC BNB_USDT | +0.0044% | 8h | 787.70 | +0.123% | $79.9M | $12.1M | 200x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Hotstuff BNB-PERP
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
BingX BNB-USDC
Injective BNB/USDC PERP
MEXC BNB_USDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNBUSDT | +0.0044% | 8h | 787.39 | +0.084% | $490.1M | $804.5M | 75x | as long as short |
| Phemex BNBUSDT | +0.0049% | 8h | 787.27 | +0.069% | $68.9M | $50.7M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0072% | 1h | 787.21 | +0.061% | $579K | $1.9M | 50x | as long as short |
| dYdX BNB-USD | +0.0075% | 1h | 787.22 | +0.062% | $159K | $62K | 10x | as long as short |
| Phoenix BNB | +0.0092% | 1h | 787.46 | +0.093% | $169K | $35K | 10x | as long as short |
| Lighter BNB | +0.0096% | 1h | 786.89 | +0.020% | $2.7M | $3.9M | 20x | as long as short |
| Orderly PERP_BNB_USDClong | +0.0100% | 8h | 786.73 | long leg | $265K | $491K | 50x | |
| Nado BNB-PERP | +0.0100% | 1h | 786.55 | −0.023% | $1.5M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 787.24 | +0.065% | $51.6M | $17.5M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 786.85 | +0.015% | $1.2M | $934K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 786.60 | −0.017% | $138.2M | $74.1M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 786.50 | −0.029% | $53.4M | $111.6M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 786.80 | +0.009% | $52K | $133K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 786.65 | −0.010% | $36.2M | $58.5M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 786.48 | −0.032% | $27.6M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 786.35 | −0.048% | $76.1M | $30.7M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 787.13 | +0.051% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 787.11 | +0.049% | $4.1M | $4.6M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 787.75 | +0.130% | $4.1M | $74.5M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 787.00 | +0.034% | $158K | $442K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 786.59 | −0.018% | $131K | $956K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 786.79 | +0.008% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 787.22 | +0.062% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 786.90 | +0.022% | $387K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 786.75 | +0.002% | $8.1M | $9.7M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 787.06 | +0.042% | $76K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 786.40 | −0.043% | $1.8M | $6.3M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 786.86 | +0.016% | $378K | $110K | 10x | as long as short |
| BloFin BNB-USDT | +0.0164% | 8h | 787.38 | +0.083% | $17.7M | $2.2M | 75x | as long as short |
| GRVT BNB_USDT_Perp | +0.0185% | 8h | 787.96 | +0.157% | $2.9M | $28.9M | 10x | as long as short |
| Bulk BNB-USD | +0.0223% | 1h | 788.23 | +0.191% | $639K | $10K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0248% | 1h | 787.30 | +0.072% | $28K | $4K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 787.17 | +0.056% | $1.5M | $143K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0324% | 1h | 786.40 | −0.041% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0431% | 1h | 786.88 | +0.019% | $1.1M | $907K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0432% | 1h | 787.70 | +0.123% | $67K | $39K | 12x | as long as short |
Binance BNBUSDT
Phemex BNBUSDT
Coinbase International BNB-PERP-INTX
dYdX BNB-USD
Phoenix BNB
Lighter BNB
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
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
BloFin BNB-USDT
GRVT BNB_USDT_Perp
Bulk BNB-USD
01 Exchange BNBUSD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P