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 22:00 UTC+0.0092%/8h= +10.1% APRnext payment +$0.12 per $10,000 · paid last 24h +0.044%
Price spread now: Deribit against gTrade (Gains Network)+0.059%7-day average +0.047% · 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−$286as in the Price arb table
costs, in and out, $10k−$2872.874% of the position
Long on gTrade (Gains Network)Short on Deribit
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.095%+$9 on $10k
Price spread, last 3 days (all we have)−0.073%−$7 · spread now +0.059%, 7d avg +0.047%
Together, before fees+0.021%+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.047%, 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/USD804.42L +0.0008% / S −0.0007%pay 0.0001% / 1h27m 47s$9.8M—150x
ShortDeribit BNB_USDC-PERPETUAL804.900.0100get 0.0013% / 1h27m 47s$1.6M$165K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$19.35
Price spread: +0.059% → +0.047%
$1.21
Slippage, 4 orders
−$270.38
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$266.82
Costs to cover
2.874%
Break-even
103.5 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 1 min ago; Deribit: 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 Deribit live order book, 1 min ago1.93 bp9.5 bp −$1016.3 bp −$163doesn't fitdoesn'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 −0.0195% / S +0.0371%1h804.32−0.013%$49K—200xas long as short
Hotstuff BNB-PERP−0.0080%1h804.71+0.036%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h804.60+0.022%$3.0M$29.3M10xas long as short
Kalshi KXBNBPERP0.0000%8h804.90+0.059%$112K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h804.09−0.042%$869K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDlongL +0.0008% / S −0.0007%1h804.42long leg$9.8M—150x
Kraken Futures PF_BNBUSD+0.0038%1h804.53+0.014%$2.5M$909K50xas long as short
Variational Omni BNB+0.0049%8h803.71−0.088%$4.0M$5.4M—as long as short
BingX BNB-USDT+0.0053%8h804.66+0.029%—$34.5M—as long as short
Bybit BNBUSDT+0.0075%8h804.60+0.022%$139.5M$82.6M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0088%1h804.19−0.029%$609K$878K50xas long as short
Aster BNBUSDT+0.0091%8h805.30+0.109%$6.4M$18.8M200xas long as short
Lighter BNB+0.0096%1h804.84+0.051%$2.8M$4.2M20xas long as short
Nado BNB-PERP+0.0100%1h804.08−0.043%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h804.97+0.068%$1.2M$923K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h804.70+0.034%$55.1M$115.7M50xas long as short
Arcus BNB-USD+0.0100%1h804.60+0.022%$53K$165K10xas long as short
Gate BNB_USDT+0.0100%8h804.45+0.003%$35.9M$58.5M75xas long as short
KuCoin BNBUSDTM+0.0100%8h804.54+0.014%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h804.30−0.015%$79.2M$24.5M75xas long as short
edgeX BNBUSDC+0.0100%4h804.62+0.024%$4.2M$76.9M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h804.73+0.038%$159K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h804.27−0.019%$118K$868K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h804.43+0.001%$389K$593K50xas long as short
Derive BNB-PERP+0.0100%1h804.57+0.018%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h805.00+0.071%$13K$1.7M50xas long as short
Deribit BNB_USDC-PERPETUALshort+0.0100%1h804.90+0.059%$1.6M$165K25x
HTX BNB-USDT+0.0100%8h804.24−0.023%$8.2M$7.4M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h805.68+0.156%$79K$19K50xas long as short
Extended BNB-USD+0.0104%1h804.29−0.017%$1.9M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h804.43+0.001%$386K$40K10xas long as short
MEXC BNB_USDT+0.0107%8h805.70+0.159%$84.5M$13.6M200xas long as short
Binance BNBUSDT+0.0109%8h805.36+0.116%$519.6M$803.1M75xas long as short
Phemex BNBUSDT+0.0125%8h805.04+0.077%$70.2M$51.7M50xas long as short
Phoenix BNB+0.0125%1h803.93−0.061%$173K$35K10xas long as short
Hyperliquid BNB+0.0166%1h805.26+0.104%$51.7M$21.3M10xas long as short
SoDEX BNB-USD+0.0184%1h804.50+0.009%$396K$1.0M10xas long as short
Bulk BNB-USD+0.0197%1h804.34−0.010%$650K$11K10xas long as short
RISEx BNB/USDC+0.0209%1h804.71+0.036%$1.1M$1.4M20xas long as short
BloFin BNB-USDT+0.0227%8h804.67+0.031%$18.8M$3.1M75xas long as short
Hibachi BNB/USDT-P+0.0240%1h804.11−0.039%$71K$48K12xas long as short
dYdX BNB-USD+0.0273%1h804.28−0.018%$170K$55K10xas long as short
01 Exchange BNBUSD+0.0328%1h805.29+0.108%$28K$1K10xas long as short
Reya BNBRUSDPERP+0.0334%1h804.09−0.042%$6K$3K40xas long as short
Injective BNB/USDC PERP+0.0353%1h804.89+0.058%$19K$627K30xas long as short
Backpack BNB_USDC_PERP+0.0651%1h805.46+0.129%$3.0M$5.4M40xas long as short