BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.08 per $10,000 · paid last 24h −0.042%

Price spread now: Deribit against 01 Exchange−0.070%7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on Deribit

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

Funding pays, the price is against you. Deribit is 0.070% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.070% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 3.4 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange BNBUSD	793.49	0.0232	pay 0.0029% / 1h	47m 18s	$28K	$1K	10x
Short	Deribit BNB_USDC-PERPETUAL	792.93	0.0300	get 0.0037% / 1h	47m 18s	$1.6M	$161K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against 01 Exchange. 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 01 ExchangebpFee DeribitbpOrdersPrice spread, now −0.070%Rate

Funding earned: $14.28
Price spread: −0.070% → 0.000%: −$7.03
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$6.75
Costs to cover: 0.140%
Break-even: 10.3 days

Slippage unknown: 01 Exchange: no order-book sample; Deribit: 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Deribit live order book, 2 min ago	2.02 bp	8.0 bp −$8	15.1 bp −$151	doesn't fit	doesn't fit

01 Exchange: 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 −0.0161% / S +0.0334%	1h	792.68	−0.102%	$47K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0132%	1h	792.59	−0.114%	$2.5M	$1.0M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	793.29	−0.025%	$4K	$239	25x	as long as short
Gate BNB_USDT	−0.0029%	8h	792.50	−0.125%	$35.5M	$55.2M	75x	as long as short
StandX BNB-USD	0.0000%	1h	794.21	+0.091%	$858K	$3.0M	30x	as long as short
GRVT BNB_USDT_Perp	+0.0002%	8h	793.91	+0.053%	$3.0M	$28.4M	10x	as long as short
Variational Omni BNB	+0.0006%	8h	792.93	−0.071%	$4.1M	$5.1M	—	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	792.71	−0.098%	$9.7M	—	150x	as long as short
Aster BNBUSDT	+0.0033%	8h	793.23	−0.033%	$6.1M	$19.9M	200x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.462%	$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
BingX BNB-USDC	+0.0036%	8h	792.97	−0.066%	—	$13.3M	—	as long as short
dYdX BNB-USD	+0.0038%	1h	792.47	−0.128%	$160K	$63K	10x	as long as short
Phemex BNBUSDT	+0.0046%	8h	793.29	−0.025%	$69.3M	$50.3M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0056%	1h	792.52	−0.122%	$608K	$1.1M	50x	as long as short
MEXC BNB_USDT	+0.0062%	8h	793.50	+0.001%	$82.3M	$12.7M	200x	as long as short
Binance BNBUSDT	+0.0062%	8h	793.31	−0.022%	$493.5M	$815.1M	75x	as long as short
Bybit BNBUSDT	+0.0080%	8h	792.62	−0.110%	$138.1M	$77.0M	75x	as long as short
Phoenix BNB	+0.0088%	1h	792.08	−0.178%	$170K	$36K	10x	as long as short
Lighter BNB	+0.0096%	1h	792.74	−0.095%	$2.8M	$3.9M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	792.39	−0.139%	$383K	$409K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	792.75	−0.093%	$1.4M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	792.65	−0.106%	$1.2M	$932K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	792.60	−0.112%	$53.2M	$111.0M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	793.00	−0.062%	$52K	$134K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	792.57	−0.116%	$27.7M	$10.0M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	792.22	−0.160%	$77.3M	$28.3M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	793.89	+0.051%	$4.1M	$76.8M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	793.99	+0.063%	$160K	$435K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	792.68	−0.102%	$112K	$887K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	792.60	−0.112%	$32K	$9K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	793.17	−0.041%	$13K	$1.6M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	792.70	−0.100%	$390K	$995K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	792.29	−0.151%	$8.1M	$8.7M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	793.05	−0.056%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	792.10	−0.175%	$1.7M	$6.0M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	792.49	−0.126%	$381K	$110K	10x	as long as short
Hyperliquid BNB	+0.0119%	1h	793.38	−0.014%	$52.6M	$19.8M	10x	as long as short
RISEx BNB/USDC	+0.0131%	1h	793.06	−0.054%	$1.1M	$1.4M	20x	as long as short
Kalshi KXBNBPERP	+0.0159%	8h	793.30	−0.024%	$106K	$2.8M	4.8x	as long as short
Bulk BNB-USD	+0.0167%	1h	793.21	−0.035%	$644K	$10K	10x	as long as short
BloFin BNB-USDT	+0.0182%	8h	794.06	+0.072%	$18.1M	$2.5M	75x	as long as short
01 Exchange BNBUSDlong	+0.0232%	1h	793.49	long leg	$28K	$1K	10x
Deribit BNB_USDC-PERPETUALshort	+0.0300%	1h	792.93	−0.070%	$1.6M	$161K	25x
Reya BNBRUSDPERP	+0.0329%	1h	792.51	−0.124%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0367%	1h	793.54	+0.006%	$2.7M	$5.7M	40x	as long as short
Hibachi BNB/USDT-P	+0.0456%	1h	793.77	+0.035%	$68K	$38K	12x	as long as short