BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0048%/8h= −5.3% APRnext payment −$0.48 per $10,000 · paid last 24h −0.013%

Price spread now: BingX against Orderly−0.025%7-day average −0.020% · you buy dearer than you sell

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

Long on Orderly Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.047%−$5 on $10k

Price spread, last 4 days (all we have)+0.271%+$27 · spread now −0.025%, 7d avg −0.020%

Together, before fees+0.224%+$22 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.020%, so right now this pair is about funding alone: −$1 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	789.40	0.0100	pay 0.0100% / 8h	4h 21m	$266K	$492K	50x
Short	BingX BNB-USDC	789.20	0.0052	get 0.0052% / 8h	4h 21m	—	$13.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Orderly. 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 OrderlybpFee BingXbpOrdersPrice spread, now −0.025%Rate

Funding earned: −$10.07
Price spread: −0.025% → −0.020%: −$0.5
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee BingX: 5 bp × 2 orders: −$10
Net: −$26.56
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; BingX: 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 BingX live order book, 2 min ago	0.25 bp	7.2 bp −$7	9.6 bp −$96	21.2 bp −$2,119	68.6 bp −$34.3K

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 −0.0187% / S +0.0351%	1h	789.31	−0.011%	$46K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	789.71	+0.039%	$4K	$42	25x	as long as short
StandX BNB-USD	0.0000%	1h	789.55	+0.019%	$851K	$3.2M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	789.31	−0.012%	$9.5M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.988%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0039%	8h	789.72	+0.041%	$6.1M	$18.7M	200x	as long as short
BingX BNB-USDCshort	+0.0052%	8h	789.20	−0.025%	—	$13.4M	—
MEXC BNB_USDT	+0.0063%	8h	790.10	+0.089%	$80.2M	$12.4M	200x	as long as short
Binance BNBUSDT	+0.0063%	8h	789.68	+0.035%	$492.8M	$790.2M	75x	as long as short
Coinbase International BNB-PERP-INTX	+0.0064%	1h	789.45	+0.006%	$582K	$1.9M	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex BNBUSDT	+0.0065%	8h	789.78	+0.048%	$69.1M	$50.0M	50x	as long as short
Lighter BNB	+0.0096%	1h	789.27	−0.016%	$2.7M	$3.8M	20x	as long as short
Orderly PERP_BNB_USDClong	+0.0100%	8h	789.40	long leg	$266K	$492K	50x
Nado BNB-PERP	+0.0100%	1h	789.20	−0.025%	$1.5M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	789.76	+0.046%	$51.8M	$17.5M	10x	as long as short
Pacifica BNB	+0.0100%	1h	789.39	−0.001%	$1.2M	$931K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	789.00	−0.051%	$138.8M	$74.6M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	788.90	−0.063%	$53.4M	$111.2M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	789.30	−0.013%	$52K	$130K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	789.15	−0.032%	$35.5M	$57.4M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	789.15	−0.032%	$27.9M	$10.4M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	788.84	−0.071%	$76.3M	$30.1M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	789.44	+0.005%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	789.00	−0.050%	$4.1M	$4.6M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	789.71	+0.039%	$4.1M	$73.3M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	790.13	+0.092%	$159K	$440K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	788.97	−0.054%	$133K	$950K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	789.55	+0.019%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	789.97	+0.072%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	789.50	+0.013%	$388K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	789.38	−0.003%	$8.1M	$9.5M	75x	as long as short
Paradex BNB-USD-PERP	+0.0101%	8h	789.83	+0.054%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	788.69	−0.089%	$1.8M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	789.32	−0.011%	$379K	$110K	10x	as long as short
Phoenix BNB	+0.0117%	1h	789.49	+0.011%	$170K	$35K	10x	as long as short
dYdX BNB-USD	+0.0128%	1h	789.35	−0.006%	$160K	$64K	10x	as long as short
GRVT BNB_USDT_Perp	+0.0148%	8h	789.97	+0.072%	$2.9M	$28.6M	10x	as long as short
Kalshi KXBNBPERP	+0.0178%	8h	789.80	+0.051%	$126K	$2.7M	4.8x	as long as short
BloFin BNB-USDT	+0.0184%	8h	789.74	+0.043%	$18.1M	$2.2M	75x	as long as short
Bulk BNB-USD	+0.0222%	1h	790.13	+0.092%	$640K	$9K	10x	as long as short
01 Exchange BNBUSD	+0.0232%	1h	789.63	+0.029%	$28K	$4K	10x	as long as short
Kraken Futures PF_BNBUSD	+0.0263%	1h	789.04	−0.046%	$2.5M	$1.2M	50x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	789.80	+0.051%	$1.5M	$143K	25x	as long as short
Reya BNBRUSDPERP	+0.0326%	1h	788.90	−0.064%	$6K	$3K	40x	as long as short
Hibachi BNB/USDT-P	+0.0408%	1h	789.50	+0.013%	$67K	$38K	12x	as long as short
RISEx BNB/USDC	+0.0461%	1h	789.42	+0.003%	$1.1M	$967K	20x	as long as short