BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0073%/8h= +7.9% APRnext payment +$0.09 per $10,000 · paid last 24h +0.109%

Price spread now: dYdX against StandX−0.059%7-day average −0.068% · you buy dearer than you sell

Net, funding: paid 7d − costs+$3as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$600.599% of the position

Long on StandX Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.628%+$63 on $10k

Price spread, last 4 days (all we have)−0.191%−$19 · spread now −0.059%, 7d avg −0.068%

Together, before fees+0.437%+ Points / potential airdropStandX: Active · farm board+$44 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.068%, 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	StandX BNB-USD	787.08	0	get 0.0000% / 1h	52m 11s	$849K	$2.7M	30x
Short	dYdX BNB-USD	786.61	0.0073	get 0.0009% / 1h	52m 11s	$159K	$62K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against StandX. 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 StandXbpFee dYdXbpOrdersPrice spread, now −0.059%Rate

Funding earned: $15.24
Price spread: −0.059% → −0.068%: $0.82
Slippage, 4 orders: −$41.9
Fee StandX: 4 bp × 2 orders: −$8
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$43.84
Costs to cover: 0.599%
Break-even: 27.1 days

Slippage from StandX: live order book, 2 min ago; dYdX: live order book, 52 min ago.

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 StandX live order book, 2 min ago	3.81 bp	8.4 bp −$8	11.6 bp −$116	doesn't fit	doesn't fit
Sell dYdX live order book, 52 min ago	11.56 bp	18.7 bp −$19	55.1 bp −$551	88.3 bp −$8,826	265.8 bp −$132.9K

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 −0.0168% / S +0.0337%	1h	786.52	−0.072%	$43K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	786.81	−0.034%	$4K	$42	25x	as long as short
Kraken Futures PF_BNBUSD	−0.0050%	1h	786.72	−0.045%	$2.5M	$1.2M	50x	as long as short
StandX BNB-USDlong	0.0000%	1h	787.08	long leg	$849K	$2.7M	30x
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	786.51	−0.072%	$9.5M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.288%	$19K	$789K	30x	as long as short
BingX BNB-USDT	+0.0046%	8h	786.80	−0.036%	—	$22.3M	—	as long as short
Aster BNBUSDT	+0.0048%	8h	787.05	−0.004%	$6.1M	$18.8M	200x	as long as short
MEXC BNB_USDT	+0.0056%	8h	788.00	+0.117%	$81.1M	$11.9M	200x	as long as short
Binance BNBUSDT	+0.0056%	8h	787.33	+0.031%	$489.3M	$821.2M	75x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX BNB-USDshort	+0.0073%	1h	786.61	−0.059%	$159K	$62K	10x
Phemex BNBUSDT	+0.0078%	8h	787.18	+0.013%	$68.8M	$51.4M	50x	as long as short
Lighter BNB	+0.0096%	1h	786.75	−0.042%	$2.7M	$3.8M	20x	as long as short
Phoenix BNB	+0.0100%	1h	787.08	0.000%	$169K	$35K	10x	as long as short
Nado BNB-PERP	+0.0100%	1h	786.25	−0.105%	$1.4M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	787.41	+0.042%	$51.5M	$17.7M	10x	as long as short
Pacifica BNB	+0.0100%	1h	786.66	−0.053%	$1.2M	$934K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	786.80	−0.036%	$138.4M	$74.9M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	786.50	−0.074%	$53.5M	$113.1M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	786.70	−0.048%	$52K	$129K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	786.75	−0.042%	$38.1M	$57.4M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	786.34	−0.094%	$27.7M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	786.50	−0.074%	$76.4M	$31.8M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	787.23	+0.019%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	785.70	−0.175%	$4.0M	$4.8M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	786.65	−0.054%	$4.1M	$76.1M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	786.75	−0.042%	$158K	$438K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	786.44	−0.081%	$131K	$953K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	786.63	−0.057%	$265K	$439K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	786.76	−0.041%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	787.15	+0.009%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	786.80	−0.036%	$387K	$975K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	786.78	−0.038%	$8.0M	$10.3M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	786.87	−0.027%	$78K	$18K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	786.24	−0.106%	$1.8M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	786.74	−0.044%	$378K	$110K	10x	as long as short
Coinbase International BNB-PERP-INTX	+0.0104%	1h	786.77	−0.039%	$563K	$1.9M	50x	as long as short
Kalshi KXBNBPERP	+0.0117%	8h	786.90	−0.023%	$171K	$2.7M	4.8x	as long as short
BloFin BNB-USDT	+0.0176%	8h	786.80	−0.036%	$17.7M	$2.2M	75x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	787.04	−0.005%	$1.5M	$145K	25x	as long as short
GRVT BNB_USDT_Perp	+0.0226%	8h	787.01	−0.009%	$2.9M	$28.6M	10x	as long as short
Bulk BNB-USD	+0.0230%	1h	786.88	−0.025%	$638K	$831	10x	as long as short
01 Exchange BNBUSD	+0.0272%	1h	787.07	−0.001%	$28K	$4K	10x	as long as short
Reya BNBRUSDPERP	+0.0321%	1h	786.20	−0.112%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0350%	1h	786.73	−0.044%	$1.1M	$907K	20x	as long as short
Hibachi BNB/USDT-P	+0.0448%	1h	786.98	−0.013%	$67K	$39K	12x	as long as short