Funding you earn now, next payment 08:00 UTC−0.0148%/8h= −16.2% APRpaid last 24h −0.055%
Price spread now: Orderly against 01 Exchange−0.073%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 −$4 a day on $10k at the current rate, and Orderly is 0.073% cheaper against 01 Exchange than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange BNBUSD | 784.69 | 0.0248 | pay 0.0031% / 1h | 20m 04s | $28K | $4K | 10x |
| Short | Orderly PERP_BNB_USDC | 784.12 | 0.0100 | get 0.0100% / 8h | 20m 04s | $264K | $388K | 50x |
01 Exchange BNBUSD
Orderly PERP_BNB_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$31.08
- Price spread: −0.073% → 0.000%
- −$7.26
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$51.34
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Orderly: 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 Orderly no order-book sample | — | — | — | — | — |
01 Exchange and 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 −0.0168% / S +0.0337% | 1h | 784.29 | −0.051% | $43K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 784.42 | −0.034% | $4K | $42 | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0050% | 1h | 784.15 | −0.069% | $2.5M | $1.2M | 50x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 784.50 | −0.024% | $171K | $2.7M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 784.69 | 0.000% | $846K | $2.7M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 784.25 | −0.057% | $9.4M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.600% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0034% | 8h | 784.80 | +0.014% | $6.0M | $18.8M | 200x | as long as short |
| BingX BNB-USDC | +0.0039% | 8h | 784.05 | −0.082% | — | $13.4M | — | as long as short |
| MEXC BNB_USDT | +0.0048% | 8h | 785.40 | +0.090% | $80.8M | $12.0M | 200x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
Kraken Futures PF_BNBUSD
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
Aster BNBUSDT
BingX BNB-USDC
MEXC BNB_USDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNBUSDT | +0.0049% | 8h | 784.93 | +0.031% | $487.5M | $819.9M | 75x | as long as short |
| Phemex BNBUSDT | +0.0074% | 8h | 784.81 | +0.015% | $68.5M | $51.2M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 784.29 | −0.051% | $2.7M | $3.8M | 20x | as long as short |
| Phoenix BNB | +0.0100% | 1h | 784.53 | −0.020% | $161K | $35K | 10x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 783.60 | −0.139% | $1.3M | $2.7M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 784.87 | +0.023% | $51.5M | $17.6M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 784.08 | −0.078% | $1.2M | $937K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 784.05 | −0.082% | $138.0M | $74.4M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 784.20 | −0.062% | $53.3M | $112.4M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 784.20 | −0.062% | $52K | $125K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 784.20 | −0.062% | $38.2M | $58.4M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 783.86 | −0.106% | $27.6M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 784.02 | −0.085% | $75.3M | $32.6M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 784.72 | +0.004% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 783.41 | −0.163% | $4.0M | $4.7M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 783.84 | −0.108% | $4.1M | $76.5M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 784.61 | −0.010% | $158K | $437K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 784.11 | −0.074% | $131K | $944K | 10x | as long as short |
| Orderly PERP_BNB_USDCshort | +0.0100% | 8h | 784.12 | −0.073% | $264K | $388K | 50x | |
| Derive BNB-PERP | +0.0100% | 1h | 784.17 | −0.067% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 784.64 | −0.006% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 784.40 | −0.037% | $386K | $967K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 784.35 | −0.044% | $8.0M | $10.4M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 784.48 | −0.026% | $78K | $17K | 50x | as long as short |
| dYdX BNB-USD | +0.0103% | 1h | 783.56 | −0.144% | $159K | $62K | 10x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 783.89 | −0.102% | $1.8M | $5.8M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 784.14 | −0.070% | $377K | $110K | 10x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0104% | 1h | 784.48 | −0.027% | $546K | $1.9M | 50x | as long as short |
| BloFin BNB-USDT | +0.0169% | 8h | 784.71 | +0.003% | $17.7M | $2.2M | 75x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 784.57 | −0.016% | $1.5M | $141K | 25x | as long as short |
| Bulk BNB-USD | +0.0208% | 1h | 785.53 | +0.107% | $637K | $831 | 10x | as long as short |
| GRVT BNB_USDT_Perp | +0.0217% | 8h | 784.62 | −0.009% | $2.9M | $28.4M | 10x | as long as short |
| 01 Exchange BNBUSDlong | +0.0248% | 1h | 784.69 | long leg | $28K | $4K | 10x | |
| Reya BNBRUSDPERP | +0.0320% | 1h | 783.70 | −0.126% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0350% | 1h | 784.29 | −0.051% | $1.1M | $906K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0456% | 1h | 784.12 | −0.072% | $67K | $39K | 12x | as long as short |
Binance BNBUSDT
Phemex BNBUSDT
Lighter BNB
Phoenix BNB
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
dYdX BNB-USD
Extended BNB-USD
Aevo BNB-PERP
Coinbase International BNB-PERP-INTX
BloFin BNB-USDT
Deribit BNB_USDC-PERPETUAL
Bulk BNB-USD
GRVT BNB_USDT_Perp
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P