BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0542%/8h= −59.4% APRnext payment −$0.68 per $10,000 · paid last 24h −0.186%

Price spread now: GMX against 01 Exchange−0.063%47s7-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 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

Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and GMX is 0.063% cheaper against 01 Exchange than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange BNBUSD	799.07	0.0208	pay 0.0026% / 1h	29m 37s	$28K	$1K	10x
Short	GMX BNB/USD [WBTC.b-USDC]	798.57	L −0.0159% / S +0.0334%	pay 0.0042% / 1h	29m 37s	$47K	—	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now −0.063%Rate

Funding earned: −$113.92
Price spread: −0.063% → 0.000%: −$6.29
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: −$139.21
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; 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 01 Exchange no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

01 Exchange and 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 +0.0334%	1h	798.57	−0.063%	$47K	—	200x
Kraken Futures PF_BNBUSD	−0.0121%	1h	798.54	−0.067%	$2.5M	$965K	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	798.83	−0.030%	$4K	$239	25x	as long as short
BingX BNB-USDC	−0.0028%	8h	798.80	−0.034%	—	$13.4M	—	as long as short
Bybit BNBUSDT	−0.0024%	8h	798.00	−0.134%	$138.5M	$75.0M	75x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	799.48	+0.051%	$3.0M	$27.5M	10x	as long as short
StandX BNB-USD	0.0000%	1h	798.57	−0.063%	$863K	$2.9M	30x	as long as short
Phemex BNBUSDT	0.0000%	8h	799.14	+0.009%	$69.8M	$50.3M	50x	as long as short
Variational Omni BNB	+0.0003%	8h	798.43	−0.081%	$4.1M	$5.2M	—	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	798.55	−0.065%	$9.7M	—	150x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+0.753%	$19K	$789K	30x	as long as short
Coinbase International BNB-PERP-INTX	+0.0048%	1h	798.73	−0.043%	$602K	$972K	50x	as long as short
Gate BNB_USDT	+0.0053%	8h	798.35	−0.090%	$35.7M	$56.2M	75x	as long as short
Aster BNBUSDT	+0.0060%	8h	799.16	+0.011%	$6.2M	$19.1M	200x	as long as short
Binance BNBUSDT	+0.0083%	8h	798.86	−0.026%	$495.7M	$806.0M	75x	as long as short
MEXC BNB_USDT	+0.0083%	8h	799.40	+0.041%	$83.1M	$13.6M	200x	as long as short
Lighter BNB	+0.0096%	1h	798.61	−0.057%	$2.8M	$4.0M	20x	as long as short
Phoenix BNB	+0.0099%	1h	799.20	+0.016%	$172K	$36K	10x	as long as short
Nado BNB-PERP	+0.0100%	1h	798.50	−0.071%	$1.5M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	798.71	−0.045%	$1.2M	$924K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	798.10	−0.121%	$54.2M	$110.1M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	798.80	−0.034%	$53K	$133K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	798.62	−0.056%	$27.9M	$10.0M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	798.17	−0.113%	$78.7M	$27.3M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	799.33	+0.033%	$4.2M	$76.5M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	799.10	+0.004%	$161K	$436K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	798.42	−0.081%	$116K	$873K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	798.53	−0.068%	$386K	$458K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	798.73	−0.043%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	799.08	+0.001%	$13K	$1.6M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	798.80	−0.034%	$393K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	798.77	−0.038%	$8.2M	$8.2M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	799.03	−0.005%	$78K	$18K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	798.09	−0.123%	$1.8M	$6.2M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	798.58	−0.061%	$384K	$108K	10x	as long as short
Bulk BNB-USD	+0.0127%	1h	799.69	+0.077%	$649K	$10K	10x	as long as short
Kalshi KXBNBPERP	+0.0154%	8h	799.20	+0.016%	$91K	$2.8M	4.8x	as long as short
RISEx BNB/USDC	+0.0155%	1h	798.59	−0.060%	$1.1M	$1.4M	20x	as long as short
Hibachi BNB/USDT-P	+0.0168%	1h	799.22	+0.019%	$69K	$38K	12x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	799.09	+0.002%	$1.6M	$160K	25x	as long as short
BloFin BNB-USDT	+0.0204%	8h	799.42	+0.044%	$18.1M	$2.5M	75x	as long as short
01 Exchange BNBUSDlong	+0.0208%	1h	799.07	long leg	$28K	$1K	10x
dYdX BNB-USD	+0.0232%	1h	798.94	−0.016%	$161K	$63K	10x	as long as short
Hyperliquid BNB	+0.0307%	1h	799.36	+0.036%	$53.1M	$20.6M	10x	as long as short
Reya BNBRUSDPERP	+0.0330%	1h	798.06	−0.126%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0392%	1h	799.62	+0.069%	$2.7M	$5.6M	40x	as long as short