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

BNB

all BNB markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 00:00 UTC+0.0117%/8h= +12.8% APRpaid last 24h +0.038%
Price spread now: Binance against gTrade (Gains Network)+0.085%7-day average +0.086% · 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−$280as in the Price arb table
costs, in and out, $10k−$2802.801% of the position
Long on gTrade (Gains Network)Short on Binance
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)+0.027%+$3 · spread now +0.085%, 7d avg +0.086%
Together, before fees+0.097%+$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.086%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) BNB/USD803.05L +0.0008% / S −0.0007%pay 0.0001% / 1h53m 17s$9.8M—150x
ShortBinance BNBUSDT803.730.0125get 0.0125% / 8h53m 17s$502.8M$818.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against gTrade (Gains Network). 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
$24.54
Price spread: +0.085% → +0.086%
−$0.13
Slippage, 4 orders
−$260.13
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$255.73
Costs to cover
2.801%
Break-even
79.9 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 1 min ago; Binance: live order book, 6 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 gTrade (Gains Network) virtual book (oracle venue), 1 min ago130.01 bp135.0 bp −$135135.0 bp −$1,350416.8 bp −$41.7K2253.7 bp −$1.13M
Sell Binance live order book, 6 min ago0.06 bp5.1 bp −$55.2 bp −$5215.8 bp −$1,580doesn't fit

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%1h802.98−0.009%$48K—200xas long as short
Hotstuff BNB-PERP−0.0080%1h803.26+0.026%$4K$1K25xas long as short
Kraken Futures PF_BNBUSD−0.0074%1h803.00−0.006%$2.6M$969K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h802.91−0.018%$3.0M$28.2M10xas long as short
StandX BNB-USD0.0000%1h803.25+0.025%$868K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDlongL +0.0008% / S −0.0007%1h803.05long leg$9.8M—150x
Variational Omni BNB+0.0031%8h801.64−0.175%$4.2M$5.4M—as long as short
BingX BNB-USDT+0.0053%8h803.16+0.014%—$34.8M—as long as short
Bybit BNBUSDT+0.0066%8h802.70−0.044%$139.5M$78.6M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h800.72−0.290%$607K$998K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BNB+0.0096%1h803.39+0.042%$2.8M$4.1M20xas long as short
Nado BNB-PERP+0.0100%1h802.80−0.031%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h802.97−0.010%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h802.70−0.044%$54.8M$113.7M50xas long as short
Arcus BNB-USD+0.0100%1h803.50+0.056%$53K$133K10xas long as short
Gate BNB_USDT+0.0100%8h802.90−0.019%$35.8M$57.5M75xas long as short
KuCoin BNBUSDTM+0.0100%8h802.96−0.011%$28.1M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h802.67−0.047%$79.6M$27.4M75xas long as short
edgeX BNBUSDC+0.0100%4h803.03−0.002%$4.2M$77.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h802.61−0.055%$162K$442K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h803.09+0.005%$119K$874K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h803.050.000%$388K$497K50xas long as short
Derive BNB-PERP+0.0100%1h803.18+0.016%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h803.86+0.101%$13K$1.7M50xas long as short
HTX BNB-USDT+0.0100%8h802.90−0.019%$8.2M$7.9M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h803.41+0.045%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h802.55−0.063%$1.9M$6.4M50xas long as short
Aevo BNB-PERP+0.0104%1h803.36+0.039%$386K$40K10xas long as short
Aster BNBUSDT+0.0104%8h803.83+0.097%$6.4M$19.0M200xas long as short
Kalshi KXBNBPERP+0.0113%8h803.50+0.056%$109K$2.9M4.8xas long as short
Phemex BNBUSDT+0.0115%8h803.64+0.073%$70.2M$51.0M50xas long as short
MEXC BNB_USDT+0.0123%8h804.10+0.131%$83.6M$13.5M200xas long as short
Binance BNBUSDTshort+0.0125%8h803.73+0.085%$502.8M$818.3M75x
Phoenix BNB+0.0127%1h803.21+0.020%$173K$36K10xas long as short
SoDEX BNB-USD+0.0231%1h803.10+0.006%$395K$1.0M10xas long as short
BloFin BNB-USDT+0.0245%8h803.74+0.086%$18.2M$2.6M75xas long as short
Hibachi BNB/USDT-P+0.0248%1h802.88−0.022%$71K$49K12xas long as short
RISEx BNB/USDC+0.0258%1h803.38+0.042%$1.1M$1.4M20xas long as short
Bulk BNB-USD+0.0289%1h801.15−0.237%$651K$20K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h803.47+0.052%$1.6M$165K25xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.254%$19K$789K30xas long as short
Hyperliquid BNB+0.0310%1h803.89+0.105%$52.0M$21.3M10xas long as short
Backpack BNB_USDC_PERP+0.0314%1h803.58+0.066%$2.7M$5.7M40xas long as short
Reya BNBRUSDPERP+0.0332%1h802.72−0.041%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0432%1h803.95+0.112%$28K$1K10xas long as short
dYdX BNB-USD+0.0498%1h802.23−0.102%$162K$62K10xas long as short