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 06:00 UTC+0.0062%/8h= +6.8% APRnext payment +$0.08 per $10,000 · paid last 24h +0.030%
Price spread now: Kraken Futures against gTrade (Gains Network)−0.011%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$295as in the Price arb table
costs, in and out, $10k−$2942.941% of the position
Long on gTrade (Gains Network)Short on Kraken Futures
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.082%+$8 on $10k
Price spread, last 4 days (all we have)−0.026%−$3 · spread now −0.011%, 7d avg −0.003%
Together, before fees+0.056%+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.003%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) BNB/USD785.13L +0.0007% / S −0.0007%pay 0.0001% / 1h34m 15s$9.5M—150x
ShortKraken Futures PF_BNBUSD785.050.0069get 0.0009% / 1h34m 15s$2.5M$1.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$12.98
Price spread: −0.011% → −0.003%
−$0.77
Slippage, 4 orders
−$274.12
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$281.91
Costs to cover
2.941%
Break-even
159.0 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 5 min ago; Kraken Futures: live order book, 4 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), 5 min ago130.01 bp135.0 bp −$135135.0 bp −$1,350416.8 bp −$41.7K2253.7 bp −$1.13M
Sell Kraken Futures live order book, 4 min ago4.39 bp12.5 bp −$1215.7 bp −$15737.1 bp −$3,706103.7 bp −$51.8K

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%1h785.09−0.005%$46K—200xas long as short
Hotstuff BNB-PERP−0.0080%1h786.02+0.113%$4K$4225xas long as short
StandX BNB-USD0.0000%1h787.58+0.312%$849K$3.0M30xas long as short
gTrade (Gains Network) BNB/USDlongL +0.0007% / S −0.0007%1h785.13long leg$9.5M—150x
Aster BNBUSDT+0.0030%8h785.74+0.077%$6.1M$19.0M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.542%$19K$789K30xas long as short
BingX BNB-USDT+0.0041%8h785.32+0.024%—$22.1M—as long as short
Phemex BNBUSDT+0.0048%8h785.61+0.061%$68.7M$50.7M50xas long as short
MEXC BNB_USDT+0.0052%8h786.10+0.124%$79.7M$11.8M200xas long as short
Binance BNBUSDT+0.0053%8h785.60+0.060%$489.0M$808.8M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BNBUSDshort+0.0069%1h785.05−0.011%$2.5M$1.2M50x
Coinbase International BNB-PERP-INTX+0.0080%1h786.23+0.140%$576K$1.9M50xas long as short
Lighter BNB+0.0096%1h785.29+0.021%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h785.15+0.003%$264K$490K50xas long as short
Nado BNB-PERP+0.0100%1h785.40+0.035%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h785.73+0.077%$51.6M$17.5M10xas long as short
Pacifica BNB+0.0100%1h785.92+0.101%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h785.08−0.006%$137.9M$74.5M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h785.00−0.016%$53.3M$112.0M50xas long as short
Arcus BNB-USD+0.0100%1h785.80+0.085%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h785.15+0.003%$36.3M$58.4M75xas long as short
KuCoin BNBUSDTM+0.0100%8h784.82−0.039%$27.5M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h784.90−0.029%$76.0M$30.7M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h785.75+0.079%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h786.03+0.115%$4.0M$4.9M—as long as short
edgeX BNBUSDC+0.0100%4h786.25+0.143%$4.1M$75.0M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h786.54+0.180%$158K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h785.33+0.026%$131K$952K10xas long as short
Derive BNB-PERP+0.0100%1h785.24+0.014%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h786.06+0.119%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h785.20+0.009%$386K$994K10xas long as short
HTX BNB-USDT+0.0100%8h785.33+0.026%$8.0M$10.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h785.98+0.108%$76K$17K50xas long as short
dYdX BNB-USD+0.0100%1h785.67+0.069%$159K$61K10xas long as short
Extended BNB-USD+0.0104%1h784.79−0.043%$1.8M$6.4M50xas long as short
Aevo BNB-PERP+0.0104%1h785.08−0.007%$377K$110K10xas long as short
Phoenix BNB+0.0107%1h786.44+0.167%$169K$35K10xas long as short
Kalshi KXBNBPERP+0.0142%8h786.10+0.124%$141K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0173%8h787.24+0.269%$17.8M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0205%8h786.66+0.195%$2.9M$29.3M10xas long as short
Bulk BNB-USD+0.0256%1h786.23+0.140%$637K$10K10xas long as short
01 Exchange BNBUSD+0.0288%1h786.11+0.125%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h785.46+0.043%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0323%1h785.26+0.017%$6K$3K40xas long as short
RISEx BNB/USDC+0.0432%1h785.91+0.100%$1.1M$909K20xas long as short
Hibachi BNB/USDT-P+0.0480%1h786.93+0.229%$67K$39K12xas long as short