Funding you earn now, next payment 02:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.09 per $10,000 · paid last 24h −0.128%
Price spread now: gTrade (Gains Network) against dYdX−0.052%7-day average −0.004% · 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−$319as in the Price arb table
costs, in and out, $10k−$3153.146% of the position
Funding, last 3 days (all we have)−0.424%−$42 on $10k
+Price spread, last 3 days (all we have)+0.053%+$5 · spread now −0.052%, 7d avg −0.004%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and gTrade (Gains Network) is 0.048% cheaper against dYdX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.004%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX BNB-USD | 795.36 | 0.0075 | pay 0.0009% / 1h | 23m 01s | $161K | $63K | 10x |
| Short | gTrade (Gains Network) BNB/USD | 794.95 | L +0.0008% / S −0.0007% | get 0.0001% / 1h | 23m 01s | $9.7M | — | 150x |
dYdX BNB-USD
gTrade (Gains Network) BNB/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against dYdX. 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
- −$14.29
- Price spread: −0.052% → −0.004%
- −$4.76
- Slippage, 4 orders
- −$294.58
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$333.62
- Costs to cover
- 3.146%
- Break-even
- never at this rate
Slippage from dYdX: live order book, 46 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 dYdX live order book, 46 min ago | 14.44 bp | 19.5 bp −$19 | 37.4 bp −$374 | 83.1 bp −$8,309 | 123.3 bp −$61.7K |
| Sell gTrade (Gains Network) virtual book (oracle venue), 1 min ago | 130.00 bp | 135.0 bp −$135 | 135.0 bp −$1,350 | 484.2 bp −$48.4K | 3301.4 bp −$1.65M |
BNB on 45 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 −0.0167% / S +0.0335% | 1h | 794.91 | −0.057% | $46K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0131% | 1h | 794.86 | −0.063% | $2.5M | $1.0M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 795.41 | +0.006% | $4K | $239 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 795.71 | +0.044% | $860K | $3.1M | 30x | as long as short |
| gTrade (Gains Network) BNB/USDshort | L +0.0008% / S −0.0007% | 1h | 794.95 | −0.052% | $9.7M | — | 150x | |
| Variational Omni BNB | +0.0031% | 8h | 795.62 | +0.032% | $4.1M | $4.8M | — | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +1.223% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0037% | 8h | 795.49 | +0.016% | $6.1M | $19.7M | 200x | as long as short |
| BingX BNB-USDT | +0.0050% | 8h | 795.21 | −0.019% | — | $34.9M | — | as long as short |
| Gate BNB_USDT | +0.0051% | 8h | 794.85 | −0.065% | $35.4M | $56.3M | 75x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Hotstuff BNB-PERP
StandX BNB-USD
Variational Omni BNB
Injective BNB/USDC PERP
Aster BNBUSDT
BingX BNB-USDT
Gate BNB_USDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex BNBUSDT | +0.0052% | 8h | 795.48 | +0.015% | $69.6M | $50.8M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0056% | 1h | 795.53 | +0.021% | $610K | $1.1M | 50x | as long as short |
| MEXC BNB_USDT | +0.0063% | 8h | 796.20 | +0.105% | $82.7M | $12.8M | 200x | as long as short |
| Binance BNBUSDT | +0.0063% | 8h | 795.64 | +0.035% | $495.1M | $810.1M | 75x | as long as short |
| GRVT BNB_USDT_Perp | +0.0068% | 8h | 796.16 | +0.100% | $3.0M | $28.5M | 10x | as long as short |
| dYdX BNB-USDlong | +0.0075% | 1h | 795.36 | long leg | $161K | $63K | 10x | |
| Phoenix BNB | +0.0088% | 1h | 795.80 | +0.055% | $171K | $36K | 10x | as long as short |
| Lighter BNB | +0.0096% | 1h | 795.13 | −0.030% | $2.8M | $4.0M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 794.87 | −0.062% | $384K | $409K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 795.00 | −0.045% | $1.4M | $2.7M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 795.62 | +0.032% | $52.1M | $19.3M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 795.35 | −0.002% | $1.2M | $925K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 795.10 | −0.033% | $139.0M | $75.7M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 794.90 | −0.058% | $53.3M | $110.4M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 795.20 | −0.021% | $52K | $134K | 10x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 795.01 | −0.044% | $27.7M | $10.1M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 794.98 | −0.048% | $77.4M | $28.1M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 795.83 | +0.059% | $4.1M | $76.7M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 795.67 | +0.038% | $160K | $436K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 794.91 | −0.057% | $111K | $886K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 795.13 | −0.030% | $32K | $9K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 795.40 | +0.005% | $12K | $1.6M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 795.10 | −0.033% | $391K | $998K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 795.34 | −0.003% | $8.2M | $8.9M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 795.72 | +0.045% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 795.06 | −0.038% | $1.7M | $5.8M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 795.01 | −0.044% | $382K | $110K | 10x | as long as short |
| RISEx BNB/USDC | +0.0131% | 1h | 795.39 | +0.003% | $1.1M | $1.1M | 20x | as long as short |
| Kalshi KXBNBPERP | +0.0155% | 8h | 795.40 | +0.005% | $112K | $2.7M | 4.8x | as long as short |
| Bulk BNB-USD | +0.0195% | 1h | 795.93 | +0.071% | $644K | $16K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0256% | 1h | 795.53 | +0.021% | $28K | $2K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 795.42 | +0.008% | $1.6M | $160K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0329% | 1h | 794.70 | −0.083% | $6K | $3K | 40x | as long as short |
| Backpack BNB_USDC_PERP | +0.0383% | 1h | 795.76 | +0.050% | $2.7M | $5.7M | 40x | as long as short |
| Hibachi BNB/USDT-P | +0.0536% | 1h | 795.40 | +0.004% | $68K | $38K | 12x | as long as short |
Phemex BNBUSDT
Coinbase International BNB-PERP-INTX
MEXC BNB_USDT
Binance BNBUSDT
GRVT BNB_USDT_Perp
Phoenix BNB
Lighter BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
KuCoin BNBUSDTM
Bitget BNBUSDT
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
RISEx BNB/USDC
Kalshi KXBNBPERP
Bulk BNB-USD
01 Exchange BNBUSD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
Backpack BNB_USDC_PERP
Hibachi BNB/USDT-P