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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0092%/8h= +10.1% APRnext payment +$0.12 per $10,000 · paid last 24h +0.027%
Price spread now: Polymarket Perps against gTrade (Gains Network)−0.001%7-day average +0.001% · 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−$2842.838% of the position
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 3 days (all we have)+0.089%+$9 · spread now −0.001%, 7d avg +0.001%
Together, before fees+0.171%+$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.001%, 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/USD804.62L +0.0008% / S −0.0007%pay 0.0001% / 1h1m 47s$9.8M150x
ShortPolymarket Perps BNB-USD804.610.0100get 0.0013% / 1h1m 47s$116K$873K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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: −0.001% → +0.001%
−$0.26
Slippage, 4 orders
−$265.81
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$264.71
Costs to cover
2.838%
Break-even
102.7 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 2 min ago; Polymarket Perps: live order book, 21 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 Polymarket Perps live order book, 21 min ago2.54 bp6.6 bp −$76.8 bp −$6814.0 bp −$1,396doesn'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%1h804.57−0.005%$49K200xas long as short
Hotstuff BNB-PERP−0.0080%1h805.26+0.080%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h804.57−0.006%$3.0M$29.5M10xas long as short
Kalshi KXBNBPERP0.0000%8h805.30+0.085%$108K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h804.74+0.015%$870K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDlongL +0.0008% / S −0.0007%1h804.62long leg$9.8M150x
Kraken Futures PF_BNBUSD+0.0038%1h804.71+0.011%$2.5M$928K50xas long as short
Variational Omni BNB+0.0048%8h803.61−0.125%$4.1M$5.3Mas long as short
BingX BNB-USDT+0.0056%8h804.65+0.004%$34.5Mas long as short
Bybit BNBUSDT+0.0079%8h804.20−0.052%$139.6M$81.7M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0088%1h804.54−0.010%$607K$881K50xas long as short
Lighter BNB+0.0096%1h804.84+0.028%$2.8M$4.2M20xas long as short
Nado BNB-PERP+0.0100%1h804.36−0.032%$1.5M$2.8M20xas long as short
Pacifica BNB+0.0100%1h804.83+0.026%$1.2M$924K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h804.50−0.015%$55.2M$116.1M50xas long as short
Arcus BNB-USD+0.0100%1h805.00+0.047%$53K$170K10xas long as short
Gate BNB_USDT+0.0100%8h804.45−0.021%$36.1M$59.2M75xas long as short
KuCoin BNBUSDTM+0.0100%8h804.48−0.017%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h804.26−0.045%$78.9M$24.8M75xas long as short
edgeX BNBUSDC+0.0100%4h804.74+0.015%$4.2M$76.4M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h804.70+0.010%$159K$436K50xas long as short
Polymarket Perps BNB-USDshort+0.0100%1h804.61−0.001%$116K$873K10x
Orderly PERP_BNB_USDC+0.0100%8h804.620.000%$389K$592K50xas long as short
Derive BNB-PERP+0.0100%1h804.87+0.031%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h805.33+0.089%$13K$1.7M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h805.12+0.062%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h804.71+0.011%$8.2M$7.5M75xas long as short
Aster BNBUSDT+0.0100%8h805.20+0.072%$6.4M$18.9M200xas long as short
Paradex BNB-USD-PERP+0.0100%8h805.46+0.104%$79K$19K50xas long as short
Extended BNB-USD+0.0104%1h804.26−0.044%$1.9M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h804.80+0.023%$387K$40K10xas long as short
MEXC BNB_USDT+0.0115%8h805.40+0.097%$84.6M$13.7M200xas long as short
Binance BNBUSDT+0.0116%8h805.23+0.076%$520.0M$806.3M75xas long as short
Phoenix BNB+0.0125%1h804.66+0.005%$173K$35K10xas long as short
Phemex BNBUSDT+0.0138%8h805.25+0.078%$70.3M$51.9M50xas long as short
SoDEX BNB-USD+0.0191%1h804.70+0.010%$396K$1.0M10xas long as short
Hyperliquid BNB+0.0193%1h805.12+0.062%$51.8M$22.0M10xas long as short
RISEx BNB/USDC+0.0209%1h804.97+0.043%$1.1M$1.4M20xas long as short
dYdX BNB-USD+0.0228%1h804.85+0.029%$170K$55K10xas long as short
BloFin BNB-USDT+0.0236%8h805.43+0.101%$18.9M$3.1M75xas long as short
Hibachi BNB/USDT-P+0.0256%1h804.97+0.043%$71K$48K12xas long as short
Bulk BNB-USD+0.0258%1h805.37+0.093%$651K$14K10xas long as short
Reya BNBRUSDPERP+0.0334%1h804.30−0.040%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0344%1h805.57+0.118%$28K$1K10xas long as short
Injective BNB/USDC PERP+0.0353%1h804.89+0.034%$19K$627K30xas long as short
Backpack BNB_USDC_PERP+0.0655%1h805.64+0.127%$3.0M$5.5M40xas long as short