BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0435%/8h= −47.6% APRnext payment −$0.54 per $10,000 · paid last 24h −0.129%

Price spread now: GMX against SoDEX−0.001%7-day average — · you buy dearer than you sell

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

Long on SoDEX Short on GMX

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: −$13 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX BNB-USD	794.50	0.0100	pay 0.0013% / 1h	0m 31s	$391K	$995K	10x
Short	GMX BNB/USD [WBTC.b-USDC]	794.49	L −0.0159% / S +0.0335%	pay 0.0042% / 1h	0m 31s	$47K	—	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against SoDEX. 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 SoDEXbpFee GMXbpOrdersPrice spread, now −0.001%Rate

Funding earned: −$91.25
Price spread: −0.001% → 0.000%: −$0.08
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: −$111.32
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: SoDEX: live order book, 23 min ago; GMX: 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 SoDEX live order book, 23 min ago	0.63 bp	5.1 bp −$5	9.7 bp −$97	77.6 bp −$7,761	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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]short	L −0.0159% / S +0.0335%	1h	794.49	−0.001%	$47K	—	200x
Kraken Futures PF_BNBUSD	−0.0121%	1h	794.35	−0.019%	$2.5M	$1.0M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	794.54	+0.005%	$4K	$239	25x	as long as short
Gate BNB_USDT	−0.0009%	8h	793.60	−0.113%	$35.5M	$57.7M	75x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	797.56	+0.385%	$3.0M	$27.9M	10x	as long as short
StandX BNB-USD	0.0000%	1h	796.25	+0.220%	$860K	$3.0M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	794.50	0.000%	$9.7M	—	150x	as long as short
Variational Omni BNB	+0.0009%	8h	794.01	−0.062%	$4.1M	$5.1M	—	as long as short
Phemex BNBUSDT	+0.0027%	8h	794.96	+0.058%	$69.4M	$50.4M	50x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.333%	$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
Aster BNBUSDT	+0.0040%	8h	794.47	−0.004%	$6.1M	$19.7M	200x	as long as short
Coinbase International BNB-PERP-INTX	+0.0048%	1h	794.91	+0.052%	$608K	$1.1M	50x	as long as short
BingX BNB-USDT	+0.0055%	8h	794.08	−0.053%	—	$34.9M	—	as long as short
Binance BNBUSDT	+0.0066%	8h	794.39	−0.013%	$493.5M	$814.8M	75x	as long as short
Bybit BNBUSDT	+0.0067%	8h	793.60	−0.113%	$137.8M	$76.7M	75x	as long as short
MEXC BNB_USDT	+0.0067%	8h	794.70	+0.025%	$82.5M	$13.8M	200x	as long as short
Lighter BNB	+0.0096%	1h	794.35	−0.018%	$2.8M	$4.0M	20x	as long as short
Phoenix BNB	+0.0099%	1h	795.43	+0.117%	$171K	$36K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	794.35	−0.019%	$384K	$468K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	793.51	−0.125%	$1.4M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	794.24	−0.033%	$1.2M	$930K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	793.60	−0.113%	$53.5M	$111.2M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	794.30	−0.025%	$52K	$127K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	794.01	−0.062%	$27.7M	$10.0M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	793.46	−0.131%	$77.7M	$28.1M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	796.74	+0.282%	$4.1M	$76.7M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	797.11	+0.329%	$161K	$435K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	793.72	−0.098%	$112K	$889K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	794.45	−0.006%	$32K	$9K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	794.87	+0.047%	$12K	$1.6M	50x	as long as short
SoDEX BNB-USDlong	+0.0100%	1h	794.50	long leg	$391K	$995K	10x
HTX BNB-USDT	+0.0100%	8h	794.26	−0.030%	$8.1M	$8.4M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	794.24	−0.033%	$77K	$18K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	793.40	−0.139%	$1.8M	$6.0M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	794.35	−0.019%	$382K	$110K	10x	as long as short
Bulk BNB-USD	+0.0133%	1h	798.69	+0.527%	$649K	$10K	10x	as long as short
RISEx BNB/USDC	+0.0155%	1h	794.03	−0.059%	$1.1M	$1.4M	20x	as long as short
Kalshi KXBNBPERP	+0.0163%	8h	795.50	+0.126%	$103K	$2.8M	4.8x	as long as short
dYdX BNB-USD	+0.0179%	1h	794.00	−0.063%	$160K	$63K	10x	as long as short
BloFin BNB-USDT	+0.0187%	8h	794.80	+0.038%	$18.1M	$2.5M	75x	as long as short
01 Exchange BNBUSD	+0.0200%	1h	794.28	−0.028%	$28K	$1K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	794.70	+0.026%	$1.6M	$161K	25x	as long as short
Hyperliquid BNB	+0.0273%	1h	794.86	+0.045%	$52.8M	$20.1M	10x	as long as short
Reya BNBRUSDPERP	+0.0329%	1h	793.36	−0.144%	$6K	$3K	40x	as long as short
Hibachi BNB/USDT-P	+0.0408%	1h	796.08	+0.199%	$68K	$38K	12x	as long as short
Backpack BNB_USDC_PERP	+0.0424%	1h	794.95	+0.057%	$2.7M	$5.7M	40x	as long as short