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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0093%/8h= +10.1% APRpaid last 24h +0.028%
Price spread now: Gate against gTrade (Gains Network)+0.008%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$289as in the Price arb table
costs, in and out, $10k−$2892.888% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.080%+$8 on $10k
Price spread, last 7 days−0.029%−$3 · spread now +0.008%, 7d avg +0.005%
Together, before fees+0.052%+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.005%, 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/USD787.09L +0.0007% / S −0.0007%pay 0.0001% / 1h12m 21s$9.5M150x
ShortGate BNB_USDT787.150.0100get 0.0100% / 8h3h 12m$36.1M$58.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$19.43
Price spread: +0.008% → +0.005%
$0.28
Slippage, 4 orders
−$263.84
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$269.13
Costs to cover
2.888%
Break-even
104.0 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 2 min ago; Gate: live order book, 2 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), 2 min ago130.01 bp135.0 bp −$135135.0 bp −$1,350416.8 bp −$41.7K2253.7 bp −$1.13M
Sell Gate live order book, 2 min ago0.32 bp9.0 bp −$911.2 bp −$11226.0 bp −$2,59752.0 bp −$26.0K

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 −0.0192% / S +0.0356%1h786.96−0.016%$46K200xas long as short
Kraken Futures PF_BNBUSD−0.0124%1h787.24+0.019%$2.5M$1.2M50xas long as short
Hotstuff BNB-PERP−0.0080%1h787.80+0.091%$4K$4225xas long as short
Kalshi KXBNBPERP0.0000%8h787.80+0.091%$126K$2.7M4.8xas long as short
StandX BNB-USD0.0000%1h788.28+0.152%$850K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDlongL +0.0007% / S −0.0007%1h787.09long leg$9.5M150x
Aster BNBUSDT+0.0022%8h787.62+0.068%$6.1M$18.8M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.287%$19K$789K30xas long as short
BingX BNB-USDC+0.0034%8h787.47+0.049%$13.4Mas long as short
Phemex BNBUSDT+0.0040%8h787.78+0.088%$68.9M$50.7M50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BNB_USDT+0.0041%8h788.20+0.141%$79.9M$12.0M200xas long as short
Binance BNBUSDT+0.0041%8h787.70+0.078%$490.9M$802.4M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h788.00+0.116%$579K$1.9M50xas long as short
dYdX BNB-USD+0.0081%1h787.24+0.020%$159K$63K10xas long as short
Phoenix BNB+0.0092%1h787.74+0.083%$169K$35K10xas long as short
Lighter BNB+0.0096%1h787.61+0.067%$2.7M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.19+0.013%$265K$492K50xas long as short
Nado BNB-PERP+0.0100%1h787.30+0.027%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h787.71+0.079%$51.7M$17.5M10xas long as short
Pacifica BNB+0.0100%1h787.72+0.081%$1.2M$934K20xas long as short
Bybit BNBUSDT+0.0100%8h787.00−0.011%$138.4M$74.0M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h787.10+0.002%$53.4M$111.6M50xas long as short
Arcus BNB-USD+0.0100%1h787.70+0.078%$52K$133K10xas long as short
Gate BNB_USDTshort+0.0100%8h787.15+0.008%$36.1M$58.0M75x
KuCoin BNBUSDTM+0.0100%8h787.13+0.005%$27.6M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h787.01−0.010%$76.2M$30.6M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h787.68+0.075%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h787.31+0.029%$4.1M$4.6Mas long as short
edgeX BNBUSDC+0.0100%4h787.93+0.107%$4.1M$74.3M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h787.81+0.092%$159K$441K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h787.16+0.009%$132K$955K10xas long as short
Derive BNB-PERP+0.0100%1h787.26+0.022%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h787.80+0.091%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h787.40+0.040%$387K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h787.36+0.035%$8.1M$9.7M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h787.82+0.093%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h787.08−0.001%$1.8M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h787.21+0.016%$378K$110K10xas long as short
BloFin BNB-USDT+0.0161%8h787.91+0.105%$17.7M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0177%8h788.09+0.127%$2.9M$28.7M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h787.66+0.073%$1.5M$143K25xas long as short
Bulk BNB-USD+0.0201%1h787.88+0.101%$639K$10K10xas long as short
01 Exchange BNBUSD+0.0240%1h787.99+0.115%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0324%1h786.95−0.017%$6K$3K40xas long as short
Hibachi BNB/USDT-P+0.0424%1h787.58+0.063%$67K$39K12xas long as short
RISEx BNB/USDC+0.0431%1h787.72+0.081%$1.1M$894K20xas long as short