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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0092%/8h= +10.1% APRpaid last 24h +0.027%
Price spread now: Bitget against gTrade (Gains Network)−0.039%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$284as in the Price arb table
costs, in and out, $10k−$2832.835% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.076%+$8 on $10k
Price spread, last 3 days (all we have)+0.019%+$2 · spread now −0.039%, 7d avg −0.037%
Together, before fees+0.095%+$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.037%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) BNB/USD798.56L +0.0008% / S −0.0007%pay 0.0001% / 1h7m 44s$9.7M150x
ShortBitget BNBUSDT798.250.0100get 0.0100% / 8h7m 44s$79.0M$27.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$19.38
Price spread: −0.039% → −0.037%
−$0.25
Slippage, 4 orders
−$261.48
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$264.35
Costs to cover
2.835%
Break-even
102.5 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 1 min ago; Bitget: live order book, 1 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 ago130.00 bp135.0 bp −$135135.0 bp −$1,350416.8 bp −$41.7K2253.7 bp −$1.13M
Sell Bitget live order book, 1 min ago0.06 bp7.0 bp −$79.0 bp −$9021.4 bp −$2,145doesn'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%1h798.59+0.004%$47K200xas long as short
Hotstuff BNB-PERP−0.0080%1h798.54−0.003%$4K$1K25xas long as short
Kraken Futures PF_BNBUSD−0.0074%1h798.47−0.011%$2.5M$974K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h798.45−0.015%$3.0M$27.9M10xas long as short
StandX BNB-USD0.0000%1h798.90+0.042%$863K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDlongL +0.0008% / S −0.0007%1h798.56long leg$9.7M150x
Variational Omni BNB+0.0008%8h797.53−0.129%$4.0M$5.4Mas long as short
BingX BNB-USDC+0.0033%8h798.39−0.022%$13.3Mas long as short
Bybit BNBUSDT+0.0037%8h798.10−0.058%$138.5M$76.8M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h798.14−0.053%$601K$984K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0080%8h798.77+0.026%$6.2M$19.1M200xas long as short
Lighter BNB+0.0096%1h798.51−0.007%$2.8M$4.1M20xas long as short
Phemex BNBUSDT+0.0097%8h799.03+0.058%$69.9M$50.6M50xas long as short
Nado BNB-PERP+0.0100%1h798.15−0.052%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h798.40−0.021%$1.2M$925K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h798.10−0.058%$54.3M$112.6M50xas long as short
Arcus BNB-USD+0.0100%1h798.50−0.008%$53K$133K10xas long as short
Gate BNB_USDT+0.0100%8h798.15−0.052%$35.7M$58.6M75xas long as short
KuCoin BNBUSDTM+0.0100%8h798.48−0.011%$28.0M$10.2M75xas long as short
Bitget BNBUSDTshort+0.0100%8h798.25−0.039%$79.0M$27.5M75x
edgeX BNBUSDC+0.0100%4h798.97+0.051%$4.1M$76.2M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h799.19+0.078%$161K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h798.38−0.023%$116K$874K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h798.41−0.019%$386K$494K50xas long as short
Derive BNB-PERP+0.0100%1h798.67+0.013%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h799.08+0.064%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h798.80+0.030%$393K$1.0M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h798.97+0.051%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h798.43−0.017%$8.2M$8.1M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h798.79+0.028%$78K$19K50xas long as short
Binance BNBUSDT+0.0101%8h798.76+0.025%$497.5M$817.7M75xas long as short
MEXC BNB_USDT+0.0102%8h799.20+0.080%$83.0M$13.6M200xas long as short
Extended BNB-USD+0.0104%1h798.14−0.053%$1.7M$6.5M50xas long as short
Aevo BNB-PERP+0.0104%1h798.73+0.021%$384K$40K10xas long as short
Phoenix BNB+0.0127%1h799.20+0.080%$172K$36K10xas long as short
Kalshi KXBNBPERP+0.0145%8h799.00+0.055%$90K$2.9M4.8xas long as short
Hibachi BNB/USDT-P+0.0160%1h798.58+0.002%$70K$43K12xas long as short
Bulk BNB-USD+0.0191%1h798.83+0.033%$649K$17K10xas long as short
BloFin BNB-USDT+0.0223%8h798.84+0.035%$18.1M$2.5M75xas long as short
Hyperliquid BNB+0.0234%1h799.11+0.068%$52.5M$20.8M10xas long as short
RISEx BNB/USDC+0.0258%1h798.28−0.036%$1.1M$1.4M20xas long as short
01 Exchange BNBUSD+0.0272%1h799.01+0.056%$28K$1K10xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.817%$19K$789K30xas long as short
Reya BNBRUSDPERP+0.0331%1h798.11−0.057%$6K$3K40xas long as short
dYdX BNB-USD+0.0338%1h798.04−0.066%$161K$63K10xas long as short
Backpack BNB_USDC_PERP+0.0343%1h799.36+0.100%$2.7M$5.7M40xas long as short