Funding you earn now, next payment 05:00 UTC−0.0034%/8h= −3.7% APRpaid last 24h −0.030%
Price spread now: gTrade (Gains Network) against Binance−0.097%52s7-day average −0.103% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2802.802% of the position
Funding, last 3 days (all we have)−0.079%−$8 on $10k
+Price spread, last 7 days+0.024%+$2 · spread now −0.097%, 7d avg −0.103%
=The price spread sits at its 7-day average of −0.103%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 52 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 | Binance BNBUSDT | 786.40 | 0.0041 | pay 0.0041% / 8h | 3h 08m | $489.5M | $803.7M | 75x |
| Short | gTrade (Gains Network) BNB/USD | 785.63 | L +0.0007% / S −0.0007% | get 0.0001% / 1h | 8m 27s | $9.5M | — | 150x |
Binance BNBUSDT
gTrade (Gains Network) BNB/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Binance. 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
- −$7.11
- Price spread: −0.097% → −0.103%
- $0.61
- Slippage, 4 orders
- −$260.16
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$286.66
- Costs to cover
- 2.802%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; gTrade (Gains Network): virtual book (oracle venue), 1 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 Binance live order book, 5 min ago | 0.06 bp | 5.1 bp −$5 | 6.2 bp −$62 | 16.1 bp −$1,611 | 37.4 bp −$18.7K |
| Sell gTrade (Gains Network) virtual book (oracle venue), 1 min ago | 130.01 bp | 135.0 bp −$135 | 135.0 bp −$1,350 | 484.2 bp −$48.4K | 3301.4 bp −$1.65M |
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 −0.0192% / S +0.0356% | 1h | 785.53 | −0.111% | $46K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0125% | 1h | 785.57 | −0.106% | $2.5M | $1.2M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 786.09 | −0.039% | $4K | $42 | 25x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 786.70 | +0.038% | $122K | $2.7M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 787.52 | +0.142% | $849K | $3.1M | 30x | as long as short |
| gTrade (Gains Network) BNB/USDshort | L +0.0007% / S −0.0007% | 1h | 785.63 | −0.097% | $9.5M | — | 150x | |
| Aster BNBUSDT | +0.0021% | 8h | 786.26 | −0.018% | $6.1M | $19.0M | 200x | as long as short |
| BingX BNB-USDT | +0.0033% | 8h | 785.78 | −0.079% | — | $22.3M | — | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.377% | $19K | $789K | 30x | as long as short |
| MEXC BNB_USDT | +0.0041% | 8h | 786.70 | +0.038% | $79.7M | $12.1M | 200x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Hotstuff BNB-PERP
Kalshi KXBNBPERP
StandX BNB-USD
Aster BNBUSDT
BingX BNB-USDT
Injective BNB/USDC PERP
MEXC BNB_USDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNBUSDTlong | +0.0041% | 8h | 786.40 | long leg | $489.5M | $803.7M | 75x | |
| Phemex BNBUSDT | +0.0041% | 8h | 786.11 | −0.037% | $68.8M | $50.8M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0072% | 1h | 788.00 | +0.203% | $579K | $1.9M | 50x | as long as short |
| dYdX BNB-USD | +0.0079% | 1h | 785.90 | −0.063% | $159K | $61K | 10x | as long as short |
| Phoenix BNB | +0.0092% | 1h | 787.74 | +0.170% | $169K | $35K | 10x | as long as short |
| Lighter BNB | +0.0096% | 1h | 785.76 | −0.081% | $2.7M | $3.9M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 785.58 | −0.104% | $264K | $491K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 785.30 | −0.140% | $1.5M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 786.47 | +0.009% | $51.6M | $17.5M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 786.05 | −0.044% | $1.2M | $934K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 785.60 | −0.102% | $138.0M | $74.1M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 785.70 | −0.089% | $53.4M | $111.6M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 786.00 | −0.051% | $52K | $133K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 785.65 | −0.095% | $36.0M | $58.2M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 785.31 | −0.139% | $27.5M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 785.60 | −0.102% | $76.0M | $30.6M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 786.11 | −0.037% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 787.00 | +0.077% | $4.1M | $4.6M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 787.75 | +0.172% | $4.1M | $74.1M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 787.52 | +0.142% | $159K | $441K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 785.64 | −0.097% | $131K | $956K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 785.63 | −0.099% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 786.25 | −0.019% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 785.70 | −0.089% | $386K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 785.97 | −0.055% | $8.1M | $9.7M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 786.08 | −0.041% | $76K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 785.40 | −0.127% | $1.8M | $6.3M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 785.61 | −0.100% | $377K | $110K | 10x | as long as short |
| BloFin BNB-USDT | +0.0161% | 8h | 786.39 | −0.001% | $17.7M | $2.2M | 75x | as long as short |
| GRVT BNB_USDT_Perp | +0.0178% | 8h | 787.99 | +0.203% | $2.9M | $28.7M | 10x | as long as short |
| Bulk BNB-USD | +0.0201% | 1h | 787.88 | +0.188% | $639K | $10K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0240% | 1h | 786.47 | +0.009% | $28K | $4K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 786.00 | −0.051% | $1.5M | $143K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0324% | 1h | 785.69 | −0.090% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0431% | 1h | 786.02 | −0.048% | $1.1M | $907K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0432% | 1h | 785.94 | −0.058% | $67K | $39K | 12x | as long as short |
Phemex BNBUSDT
Coinbase International BNB-PERP-INTX
dYdX BNB-USD
Phoenix BNB
Lighter BNB
Orderly PERP_BNB_USDC
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
Extended BNB-USD
Aevo BNB-PERP
BloFin BNB-USDT
GRVT BNB_USDT_Perp
Bulk BNB-USD
01 Exchange BNBUSD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P