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+0.0326%/8h= +35.7% APRnext payment +$0.41 per $10,000 · paid last 24h +0.092%
Price spread now: Reya against gTrade (Gains Network)−0.037%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Funding pays, the price is against you. Reya is 0.037% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.037% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 9 hours of funding at the current rate (+$10 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) BNB/USD804.72L +0.0008% / S −0.0007%pay 0.0001% / 1h9m 21s$9.8M150x
ShortReya BNBRUSDPERP804.420.0334get 0.0042% / 1h9m 21s$6K$3K40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$68.44
Price spread: −0.037% → 0.000%
−$3.68
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
$48.76
Costs to cover
0.160%
Break-even
2.0 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 5 min ago; Reya: no order-book sample. Net counts fees only.

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 Reya no order-book sample
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h804.66−0.008%$49K200xas long as short
Hotstuff BNB-PERP−0.0080%1h805.47+0.093%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h805.45+0.091%$3.0M$29.5M10xas long as short
Kalshi KXBNBPERP0.0000%8h805.90+0.147%$114K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h805.12+0.050%$870K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDlongL +0.0008% / S −0.0007%1h804.72long leg$9.8M150x
Kraken Futures PF_BNBUSD+0.0038%1h805.06+0.042%$2.5M$919K50xas long as short
Variational Omni BNB+0.0049%8h804.63−0.011%$4.1M$5.4Mas long as short
BingX BNB-USDT+0.0055%8h804.82+0.013%$34.5Mas long as short
Bybit BNBUSDT+0.0080%8h804.50−0.027%$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%1h805.15+0.054%$608K$881K50xas long as short
Lighter BNB+0.0096%1h805.14+0.052%$2.8M$4.2M20xas long as short
Aster BNBUSDT+0.0098%8h805.29+0.071%$6.4M$18.8M200xas long as short
Nado BNB-PERP+0.0100%1h804.45−0.033%$1.5M$2.8M20xas long as short
Pacifica BNB+0.0100%1h804.95+0.029%$1.2M$924K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h804.70−0.002%$55.2M$116.1M50xas long as short
Arcus BNB-USD+0.0100%1h805.10+0.047%$53K$170K10xas long as short
Gate BNB_USDT+0.0100%8h804.55−0.021%$36.1M$59.2M75xas long as short
KuCoin BNBUSDTM+0.0100%8h804.65−0.009%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h804.42−0.037%$79.0M$24.8M75xas long as short
edgeX BNBUSDC+0.0100%4h805.53+0.100%$4.2M$76.3M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h805.72+0.124%$159K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h804.60−0.015%$116K$873K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h804.93+0.026%$389K$592K50xas long as short
Derive BNB-PERP+0.0100%1h805.07+0.043%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h805.29+0.072%$13K$1.7M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h805.45+0.091%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h804.90+0.023%$8.2M$7.5M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h805.70+0.122%$79K$19K50xas long as short
Extended BNB-USD+0.0104%1h804.57−0.019%$1.9M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h805.16+0.055%$387K$40K10xas long as short
MEXC BNB_USDT+0.0115%8h805.40+0.085%$84.5M$13.7M200xas long as short
Binance BNBUSDT+0.0115%8h805.29+0.071%$520.3M$805.9M75xas long as short
Phoenix BNB+0.0125%1h805.62+0.112%$173K$35K10xas long as short
Phemex BNBUSDT+0.0135%8h805.31+0.073%$70.3M$51.8M50xas long as short
SoDEX BNB-USD+0.0195%1h805.00+0.035%$396K$1.0M10xas long as short
RISEx BNB/USDC+0.0209%1h805.01+0.036%$1.1M$1.4M20xas long as short
Hyperliquid BNB+0.0209%1h805.21+0.061%$51.8M$22.0M10xas long as short
BloFin BNB-USDT+0.0235%8h805.33+0.076%$18.9M$3.1M75xas long as short
dYdX BNB-USD+0.0243%1h804.86+0.017%$170K$55K10xas long as short
Hibachi BNB/USDT-P+0.0256%1h805.29+0.070%$71K$48K12xas long as short
Bulk BNB-USD+0.0258%1h805.37+0.081%$651K$14K10xas long as short
Reya BNBRUSDPERPshort+0.0334%1h804.42−0.037%$6K$3K40x
01 Exchange BNBUSD+0.0344%1h805.54+0.102%$28K$1K10xas long as short
Injective BNB/USDC PERP+0.0353%1h804.89+0.021%$19K$627K30xas long as short
Backpack BNB_USDC_PERP+0.0651%1h805.87+0.143%$3.0M$5.5M40xas long as short