All BNB pairs

BNB funding carry: Bybit vs dYdX

Entering and exiting this pair costs 21 bps of notional at taker fees (6 bps at maker). Funding has to pay that back before the trade is worth anything — here is how long that takes.

Right now

Gross funding APR
29.55%
Net APY on $10k
6.12%
Break-even
133.18h
Net positive for
2m
  • Net positive for only 2 min — needs ~133.18h to break even on entry/exit costs.
Short
dydx perp
BNB/USD
Trade on dydx
Long
bybit perp
BNB/USDT
Trade on bybit

Last 30 days

Above its costs
8.7% of the time
Net APY when above costs
13.07%
Net APY when below costs
-20.24%
Best single hour
94.44%

Measured on 421 hours of ranking we recorded ourselves.

Round-trip cost

Venue Taker Maker Perp instrument
Bybit 5.5 2 BNBUSDT
dYdX 5 1 BNB-USD

Other BNB pairs

How long funding takes to repay the entry

At a given gross funding APR, this is how many hours you must hold before the position has paid back entry and exit. Below that, a positive APR is still a loss.

Gross funding APR Taker in / out Maker in / out
5% 368h (15d) 105h (4d)
10% 184h (7d) 53h (2d)
20% 92h (3d) 26h
50% 37h 11h