Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Funding arb · Price arb /

BNB

all BNB markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 08:00 UTC−0.0093%/8h= −10.2% APRpaid last 24h −0.019%
Price spread now: gTrade (Gains Network) against Bybit+0.026%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$281as in the Price arb table
costs, in and out, $10k−$2832.833% of the position
Long on BybitShort on gTrade (Gains Network)
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.042%−$4 on $10k
Price spread, last 7 days−0.013%−$1 · spread now +0.026%, 7d avg +0.009%
Together, before fees−0.055%−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BNBUSDT786.400.0100pay 0.0100% / 8h40m 53s$138.4M$74.7M75x
ShortgTrade (Gains Network) BNB/USD786.61L +0.0007% / S −0.0007%get 0.0001% / 1h40m 53s$9.5M—150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Bybit. 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

Funding earned
−$19.49
Price spread: +0.026% → +0.009%
$1.76
Slippage, 4 orders
−$262.25
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$300.98
Costs to cover
2.833%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; gTrade (Gains Network): virtual book (oracle venue), 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 3 min ago0.64 bp6.4 bp −$69.6 bp −$9624.3 bp −$2,433163.6 bp −$81.8K
Sell gTrade (Gains Network) virtual book (oracle venue), 3 min ago130.01 bp135.0 bp −$135135.0 bp −$1,350484.2 bp −$48.4K3301.4 bp −$1.65M

BNB on 46 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0168% / S +0.0337%1h786.60+0.026%$43K—200xas long as short
Hotstuff BNB-PERP−0.0080%1h786.89+0.062%$4K$4225xas long as short
Kraken Futures PF_BNBUSD−0.0050%1h786.48+0.010%$2.5M$1.2M50xas long as short
StandX BNB-USD0.0000%1h787.35+0.121%$849K$2.7M30xas long as short
gTrade (Gains Network) BNB/USDshortL +0.0007% / S −0.0007%1h786.61+0.026%$9.5M—150x
Injective BNB/USDC PERP+0.0033%1h805.09+2.377%$19K$789K30xas long as short
BingX BNB-USDC+0.0044%8h786.66+0.033%—$13.4M—as long as short
Aster BNBUSDT+0.0045%8h786.97+0.072%$6.0M$18.9M200xas long as short
MEXC BNB_USDT+0.0055%8h787.70+0.165%$81.0M$11.9M200xas long as short
Binance BNBUSDT+0.0055%8h787.00+0.077%$489.3M$821.9M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX BNB-USD+0.0058%1h786.54+0.018%$159K$62K10xas long as short
Phemex BNBUSDT+0.0077%8h787.19+0.100%$68.8M$51.4M50xas long as short
Lighter BNB+0.0096%1h786.80+0.051%$2.7M$3.8M20xas long as short
Phoenix BNB+0.0100%1h786.90+0.064%$169K$35K10xas long as short
Nado BNB-PERP+0.0100%1h786.400.000%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h787.36+0.122%$51.5M$17.7M10xas long as short
Pacifica BNB+0.0100%1h786.79+0.050%$1.2M$934K20xas long as short
Bybit BNBUSDTlong+0.0100%8h786.40long leg$138.4M$74.7M75x
OKX BNB-USDT-SWAP+0.0100%8h786.20−0.025%$53.5M$113.2M50xas long as short
Arcus BNB-USD+0.0100%1h786.80+0.051%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h786.45+0.006%$38.3M$57.5M75xas long as short
KuCoin BNBUSDTM+0.0100%8h786.22−0.023%$27.7M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h786.39−0.001%$76.4M$31.8M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h787.10+0.089%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h786.30−0.013%$4.0M$4.7M—as long as short
edgeX BNBUSDC+0.0100%4h787.08+0.086%$4.1M$76.0M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h787.25+0.108%$158K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h786.53+0.017%$131K$953K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h786.65+0.032%$264K$426K50xas long as short
Derive BNB-PERP+0.0100%1h786.78+0.048%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h787.09+0.087%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h786.80+0.051%$387K$974K10xas long as short
HTX BNB-USDT+0.0100%8h786.59+0.025%$8.0M$10.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h787.09+0.087%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h786.19−0.027%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h786.70+0.039%$378K$110K10xas long as short
Coinbase International BNB-PERP-INTX+0.0104%1h786.37−0.004%$556K$1.9M50xas long as short
Kalshi KXBNBPERP+0.0115%8h787.00+0.076%$170K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0175%8h787.20+0.102%$17.7M$2.2M75xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h787.08+0.087%$1.5M$145K25xas long as short
Bulk BNB-USD+0.0210%1h786.98+0.074%$638K$83110xas long as short
GRVT BNB_USDT_Perp+0.0225%8h787.62+0.155%$2.9M$28.7M10xas long as short
01 Exchange BNBUSD+0.0264%1h787.12+0.092%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0321%1h786.30−0.013%$6K$3K40xas long as short
RISEx BNB/USDC+0.0350%1h786.86+0.058%$1.1M$906K20xas long as short
Hibachi BNB/USDT-P+0.0456%1h786.74+0.043%$67K$39K12xas long as short