Funding you earn now, next payment 01:00 UTC+0.0240%/8h= +26.3% APRnext payment +$0.30 per $10,000 · paid last 24h +0.132%
Price spread now: dYdX against gTrade (Gains Network)+0.098%7-day average +0.004% · 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−$298as in the Price arb table
costs, in and out, $10k−$3083.078% of the position
Funding, last 3 days (all we have)+0.417%+$42 on $10k
+Price spread, last 3 days (all we have)−0.110%−$11 · spread now +0.098%, 7d avg +0.004%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and dYdX is 0.094% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) BNB/USD | 798.10 | L +0.0008% / S −0.0007% | pay 0.0001% / 1h | 56m 06s | $9.7M | — | 150x |
| Short | dYdX BNB-USD | 798.89 | 0.0248 | get 0.0031% / 1h | 56m 06s | $161K | $63K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $50.39
- Price spread: +0.098% → +0.004%
- $9.38
- Slippage, 4 orders
- −$287.76
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$247.98
- Costs to cover
- 3.078%
- Break-even
- 41.4 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 3 min ago; dYdX: live order book, 18 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy gTrade (Gains Network) virtual book (oracle venue), 3 min ago | 130.01 bp | 135.0 bp −$135 | 135.0 bp −$1,350 | 416.8 bp −$41.7K | 2253.7 bp −$1.13M |
| Sell dYdX live order book, 18 min ago | 9.69 bp | 21.6 bp −$22 | 52.9 bp −$529 | 82.6 bp −$8,265 | 129.5 bp −$64.8K |
BNB on 46 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX BNB/USD [WBTC.b-USDC] | L −0.0201% / S +0.0372% | 1h | 798.05 | −0.007% | $47K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0121% | 1h | 798.28 | +0.022% | $2.5M | $977K | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 798.88 | +0.097% | $4K | $239 | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 799.73 | +0.204% | $3.0M | $27.9M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 799.47 | +0.171% | $864K | $2.9M | 30x | as long as short |
| Phemex BNBUSDT | 0.0000% | 8h | 798.75 | +0.081% | $69.9M | $50.7M | 50x | as long as short |
| gTrade (Gains Network) BNB/USDlong | L +0.0008% / S −0.0007% | 1h | 798.10 | long leg | $9.7M | — | 150x | |
| Variational Omni BNB | +0.0010% | 8h | 798.14 | +0.005% | $4.1M | $5.4M | — | as long as short |
| Gate BNB_USDT | +0.0021% | 8h | 798.10 | −0.001% | $35.7M | $55.6M | 75x | as long as short |
| Bybit BNBUSDT | +0.0027% | 8h | 798.19 | +0.011% | $138.6M | $76.9M | 75x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +0.875% | $19K | $789K | 30x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0048% | 1h | 798.68 | +0.072% | $602K | $985K | 50x | as long as short |
| Aster BNBUSDT | +0.0074% | 8h | 798.70 | +0.075% | $6.2M | $19.3M | 200x | as long as short |
| BingX BNB-USDT | +0.0077% | 8h | 798.35 | +0.031% | — | $35.2M | — | as long as short |
| Binance BNBUSDT | +0.0094% | 8h | 798.85 | +0.093% | $497.0M | $818.2M | 75x | as long as short |
| MEXC BNB_USDT | +0.0095% | 8h | 799.10 | +0.125% | $83.0M | $13.5M | 200x | as long as short |
| Lighter BNB | +0.0096% | 1h | 798.42 | +0.039% | $2.8M | $4.0M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 797.95 | −0.019% | $1.4M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 798.79 | +0.086% | $1.2M | $925K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 798.20 | +0.012% | $54.3M | $112.4M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 798.80 | +0.087% | $53K | $133K | 10x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 797.99 | −0.014% | $28.0M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 798.08 | −0.003% | $78.8M | $27.7M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 799.62 | +0.191% | $4.2M | $76.0M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 799.37 | +0.159% | $161K | $436K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 798.17 | +0.008% | $116K | $872K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 798.06 | −0.006% | $386K | $487K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 798.23 | +0.016% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 798.68 | +0.072% | $13K | $1.7M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 798.40 | +0.037% | $393K | $1.0M | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 798.48 | +0.047% | $1.6M | $160K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 798.39 | +0.036% | $8.2M | $8.1M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 799.22 | +0.140% | $78K | $19K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 797.70 | −0.051% | $1.8M | $6.6M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 798.46 | +0.044% | $384K | $64K | 10x | as long as short |
| Phoenix BNB | +0.0127% | 1h | 799.98 | +0.235% | $172K | $35K | 10x | as long as short |
| Hibachi BNB/USDT-P | +0.0152% | 1h | 799.05 | +0.118% | $70K | $43K | 12x | as long as short |
| Kalshi KXBNBPERP | +0.0154% | 8h | 799.00 | +0.112% | $90K | $2.9M | 4.8x | as long as short |
| RISEx BNB/USDC | +0.0155% | 1h | 798.61 | +0.063% | $1.1M | $1.4M | 20x | as long as short |
| Bulk BNB-USD | +0.0158% | 1h | 799.24 | +0.142% | $649K | $14K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0208% | 1h | 798.90 | +0.100% | $28K | $1K | 10x | as long as short |
| BloFin BNB-USDT | +0.0215% | 8h | 799.13 | +0.129% | $18.1M | $2.5M | 75x | as long as short |
| dYdX BNB-USDshort | +0.0248% | 1h | 798.89 | +0.098% | $161K | $63K | 10x | |
| Hyperliquid BNB | +0.0289% | 1h | 799.19 | +0.136% | $52.5M | $20.8M | 10x | as long as short |
| Backpack BNB_USDC_PERP | +0.0299% | 1h | 799.08 | +0.122% | $2.7M | $5.7M | 40x | as long as short |
| Reya BNBRUSDPERP | +0.0331% | 1h | 797.72 | −0.048% | $6K | $3K | 40x | as long as short |
gTrade (Gains Network) BNB/USD
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
GRVT BNB_USDT_Perp
StandX BNB-USD
Phemex BNBUSDT
Variational Omni BNB
Gate BNB_USDT
Bybit BNBUSDT
Injective BNB/USDC PERP
Coinbase International BNB-PERP-INTX
Aster BNBUSDT
BingX BNB-USDT
Binance BNBUSDT
MEXC BNB_USDT
Lighter BNB
Pacifica BNB
OKX BNB-USDT-SWAP
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Phoenix BNB
Kalshi KXBNBPERP
RISEx BNB/USDC
Bulk BNB-USD
01 Exchange BNBUSD
BloFin BNB-USDT
Hyperliquid BNB
Backpack BNB_USDC_PERP