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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0097%/8h= −10.6% APRnext payment $0.12 per $10,000 · paid last 24h −0.029%
Price spread now: gTrade (Gains Network) against Extended+0.056%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$276as in the Price arb table
costs, in and out, $10k−$2762.763% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.069%−$7 on $10k
Price spread, last 3 days (all we have)−0.041%−$4 · spread now +0.056%, 7d avg +0.052%
Together, before fees−0.111%+ Points / potential airdropExtended: Active · farm board−$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.052%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BNB-USD804.520.0104pay 0.0013% / 1h35m 09s$1.9M$6.0M50x
ShortgTrade (Gains Network) BNB/USD804.97L +0.0008% / S −0.0007%get 0.0001% / 1h35m 09s$9.8M150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Extended. 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
−$20.28
Price spread: +0.056% → +0.052%
$0.35
Slippage, 4 orders
−$261.35
Fee Extended: 2.5 bp × 2 orders
−$5
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$296.29
Costs to cover
2.763%
Break-even
never at this rate
Slippage from Extended: live order book, 4 min ago; gTrade (Gains Network): virtual book (oracle venue), 4 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 Extended live order book, 4 min ago0.06 bp2.9 bp −$34.3 bp −$43doesn't fitdoesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 4 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 −0.0201% / S +0.0372%1h804.85+0.042%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h806.40+0.234%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h806.32+0.224%$3.0M$29.1M10xas long as short
Kalshi KXBNBPERP0.0000%8h805.10+0.072%$114K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h805.76+0.154%$871K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDshortL +0.0008% / S −0.0007%1h804.97+0.056%$9.8M150x
Variational Omni BNB+0.0041%8h805.56+0.129%$4.1M$5.3Mas long as short
BingX BNB-USDC+0.0058%8h804.83+0.039%$13.3Mas long as short
Bybit BNBUSDT+0.0083%8h804.50−0.002%$139.4M$81.3M75xas long as short
Lighter BNB+0.0096%1h805.08+0.070%$2.8M$4.2M20xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0096%1h804.75+0.029%$607K$881K50xas long as short
Nado BNB-PERP+0.0100%1h804.35−0.021%$1.5M$2.7M20xas long as short
Pacifica BNB+0.0100%1h805.03+0.063%$1.2M$923K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h804.70+0.022%$55.0M$116.0M50xas long as short
Arcus BNB-USD+0.0100%1h805.50+0.122%$53K$170K10xas long as short
Gate BNB_USDT+0.0100%8h804.80+0.035%$36.0M$57.7M75xas long as short
KuCoin BNBUSDTM+0.0100%8h804.57+0.006%$28.1M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h804.47−0.006%$79.2M$25.3M75xas long as short
edgeX BNBUSDC+0.0100%4h806.66+0.266%$4.2M$76.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h806.65+0.265%$162K$440K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h805.03+0.063%$115K$873K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h804.92+0.050%$389K$592K50xas long as short
Derive BNB-PERP+0.0100%1h805.13+0.075%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h805.50+0.121%$13K$1.7M50xas long as short
HTX BNB-USDT+0.0100%8h803.99−0.066%$8.2M$7.7M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h805.38+0.107%$79K$19K50xas long as short
Extended BNB-USDlong+0.0104%1h804.52long leg$1.9M$6.0M50x
Aevo BNB-PERP+0.0104%1h805.09+0.071%$387K$40K10xas long as short
Aster BNBUSDT+0.0106%8h805.55+0.128%$6.4M$18.9M200xas long as short
Hibachi BNB/USDT-P+0.0112%1h806.23+0.213%$71K$48K12xas long as short
MEXC BNB_USDT+0.0122%8h805.90+0.172%$84.7M$13.4M200xas long as short
Binance BNBUSDT+0.0123%8h805.45+0.116%$519.5M$806.9M75xas long as short
Phemex BNBUSDT+0.0133%8h805.50+0.122%$70.3M$51.8M50xas long as short
Phoenix BNB+0.0155%1h806.28+0.219%$173K$35K10xas long as short
SoDEX BNB-USD+0.0165%1h804.90+0.047%$396K$1.0M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h805.39+0.108%$1.6M$165K25xas long as short
dYdX BNB-USD+0.0201%1h804.30−0.028%$162K$63K10xas long as short
Kraken Futures PF_BNBUSD+0.0205%1h804.75+0.028%$2.5M$939K50xas long as short
Hyperliquid BNB+0.0242%1h806.08+0.194%$52.2M$21.9M10xas long as short
BloFin BNB-USDT+0.0243%8h805.45+0.116%$18.8M$2.6M75xas long as short
Bulk BNB-USD+0.0295%1h807.66+0.390%$652K$14K10xas long as short
Injective BNB/USDC PERP+0.0311%1h805.09+0.071%$19K$789K30xas long as short
RISEx BNB/USDC+0.0318%1h805.38+0.106%$1.1M$1.4M20xas long as short
Reya BNBRUSDPERP+0.0333%1h804.85+0.042%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0352%1h805.84+0.164%$29K$1K10xas long as short
Backpack BNB_USDC_PERP+0.0686%1h805.80+0.159%$3.0M$5.5M40xas long as short