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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0031%/8h= +3.3% APRpaid last 24h +0.015%
Price spread now: BingX against gTrade (Gains Network)+0.018%61s7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2832.831% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.066%+$7 on $10k
Price spread, last 7 days0.000%$0 · spread now +0.018%, 7d avg +0.011%
Together, before fees+0.066%+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) BNB/USD784.84L +0.0007% / S −0.0007%pay 0.0001% / 1h0m 26s$9.5M150x
ShortBingX BNB-USDC784.980.0038get 0.0038% / 8h0m 26s$13.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$6.41
Price spread: +0.018% → +0.011%
$0.67
Slippage, 4 orders
−$263.15
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$276.06
Costs to cover
2.831%
Break-even
308.5 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 4 min ago; BingX: live order book, 8 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), 4 min ago130.00 bp135.0 bp −$135135.0 bp −$1,350416.8 bp −$41.7K2253.7 bp −$1.13M
Sell BingX live order book, 8 min ago0.25 bp6.7 bp −$79.9 bp −$9923.5 bp −$2,34870.1 bp −$35.1K

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%1h784.88+0.005%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h785.24+0.051%$4K$4225xas long as short
Kraken Futures PF_BNBUSD−0.0050%1h784.79−0.007%$2.5M$1.2M50xas long as short
StandX BNB-USD0.0000%1h785.56+0.092%$847K$2.7M30xas long as short
gTrade (Gains Network) BNB/USDlongL +0.0007% / S −0.0007%1h784.84long leg$9.5M150x
Aster BNBUSDT+0.0030%8h785.31+0.060%$5.9M$18.6M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.580%$19K$789K30xas long as short
BingX BNB-USDCshort+0.0038%8h784.98+0.018%$13.4M
MEXC BNB_USDT+0.0046%8h786.20+0.173%$81.1M$12.1M200xas long as short
Binance BNBUSDT+0.0046%8h785.30+0.059%$488.5M$813.6M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0082%8h785.59+0.096%$68.5M$51.1M50xas long as short
Lighter BNB+0.0096%1h784.92+0.010%$2.7M$3.8M20xas long as short
Phoenix BNB+0.0100%1h784.80−0.005%$158K$35K10xas long as short
Nado BNB-PERP+0.0100%1h784.65−0.024%$1.3M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h785.32+0.061%$51.5M$17.6M10xas long as short
Pacifica BNB+0.0100%1h785.02+0.022%$1.2M$937K20xas long as short
Bybit BNBUSDT+0.0100%8h784.70−0.018%$138.1M$73.7M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h784.60−0.031%$53.4M$111.5M50xas long as short
Arcus BNB-USD+0.0100%1h785.00+0.020%$52K$125K10xas long as short
Gate BNB_USDT+0.0100%8h784.75−0.011%$38.6M$58.9M75xas long as short
KuCoin BNBUSDTM+0.0100%8h784.49−0.045%$27.6M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h784.34−0.064%$75.3M$32.6M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h785.34+0.064%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h784.64−0.025%$4.0M$4.7Mas long as short
edgeX BNBUSDC+0.0100%4h784.86+0.002%$4.1M$76.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h784.47−0.047%$158K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h784.65−0.024%$131K$942K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h784.73−0.014%$264K$358K50xas long as short
Derive BNB-PERP+0.0100%1h784.53−0.040%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h785.36+0.066%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h785.00+0.020%$386K$956K10xas long as short
HTX BNB-USDT+0.0100%8h784.96+0.015%$8.0M$10.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h785.28+0.056%$78K$17K50xas long as short
Kalshi KXBNBPERP+0.0104%8h785.20+0.046%$170K$2.6M4.8xas long as short
Extended BNB-USD+0.0104%1h784.46−0.048%$1.8M$5.8M50xas long as short
Aevo BNB-PERP+0.0104%1h784.74−0.012%$377K$110K10xas long as short
Coinbase International BNB-PERP-INTX+0.0104%1h784.97+0.017%$548K$1.9M50xas long as short
dYdX BNB-USD+0.0127%1h784.99+0.019%$159K$62K10xas long as short
BloFin BNB-USDT+0.0166%8h785.59+0.096%$17.7M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0215%8h785.06+0.028%$2.9M$27.5M10xas long as short
Bulk BNB-USD+0.0237%1h785.14+0.038%$636K$83110xas long as short
01 Exchange BNBUSD+0.0248%1h785.38+0.069%$28K$3K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h785.31+0.060%$1.5M$141K25xas long as short
Reya BNBRUSDPERP+0.0320%1h784.53−0.040%$6K$3K40xas long as short
RISEx BNB/USDC+0.0350%1h785.14+0.039%$1.1M$921K20xas long as short
Hibachi BNB/USDT-P+0.0432%1h784.85+0.001%$67K$39K12xas long as short