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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0250%/8h= +27.4% APRnext payment +$0.31 per $10,000 · paid last 24h +0.042%
Price spread now: RISEx against gTrade (Gains Network)+0.030%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$278as in the Price arb table
costs, in and out, $10k−$2782.784% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.173%+$17 on $10k
Price spread, last 3 days (all we have)+0.022%+$2 · spread now +0.030%, 7d avg +0.025%
Together, before fees+0.195%+$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.025%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) BNB/USD798.41L +0.0008% / S −0.0007%pay 0.0001% / 1h21m 01s$9.7M150x
ShortRISEx BNB/USDC798.650.0258get 0.0032% / 1h21m 01s$1.1M$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$52.51
Price spread: +0.030% → +0.025%
$0.52
Slippage, 4 orders
−$262.39
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$225.36
Costs to cover
2.784%
Break-even
37.0 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 3 min ago; RISEx: live order book, 3 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), 3 min ago130.01 bp135.0 bp −$135135.0 bp −$1,350416.8 bp −$41.7K2253.7 bp −$1.13M
Sell RISEx live order book, 3 min ago1.19 bp4.2 bp −$47.9 bp −$79doesn't fitdoesn'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 −0.0201% / S +0.0372%1h798.400.000%$47K200xas long as short
Hotstuff BNB-PERP−0.0080%1h798.76+0.044%$4K$1K25xas long as short
Kraken Futures PF_BNBUSD−0.0074%1h798.12−0.036%$2.5M$972K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h798.68+0.034%$3.0M$27.9M10xas long as short
StandX BNB-USD0.0000%1h798.96+0.069%$863K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDlongL +0.0008% / S −0.0007%1h798.41long leg$9.7M150x
Variational Omni BNB+0.0012%8h798.04−0.046%$4.1M$5.4Mas long as short
BingX BNB-USDC+0.0037%8h798.67+0.033%$13.3Mas long as short
Bybit BNBUSDT+0.0042%8h798.35−0.007%$138.6M$77.0M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h799.89+0.186%$606K$985K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0089%8h799.10+0.087%$6.2M$19.1M200xas long as short
Lighter BNB+0.0096%1h798.62+0.027%$2.8M$4.1M20xas long as short
Nado BNB-PERP+0.0100%1h798.25−0.020%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h798.75+0.043%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h798.50+0.012%$54.3M$112.9M50xas long as short
Arcus BNB-USD+0.0100%1h798.90+0.062%$53K$133K10xas long as short
Gate BNB_USDT+0.0100%8h798.45+0.005%$35.8M$58.3M75xas long as short
KuCoin BNBUSDTM+0.0100%8h798.44+0.004%$28.0M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h798.36−0.006%$79.1M$27.5M75xas long as short
edgeX BNBUSDC+0.0100%4h798.50+0.012%$4.1M$76.5M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h799.21+0.101%$161K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h798.40−0.001%$116K$875K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h798.26−0.018%$386K$497K50xas long as short
Derive BNB-PERP+0.0100%1h798.37−0.005%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h799.16+0.094%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h798.40−0.001%$393K$1.0M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h798.63+0.028%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h798.55+0.018%$8.2M$8.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h798.96+0.069%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h798.26−0.019%$1.8M$6.5M50xas long as short
Aevo BNB-PERP+0.0104%1h798.26−0.018%$383K$40K10xas long as short
Binance BNBUSDT+0.0109%8h799.19+0.098%$498.0M$818.5M75xas long as short
Phemex BNBUSDT+0.0109%8h798.92+0.064%$69.8M$50.6M50xas long as short
MEXC BNB_USDT+0.0110%8h799.50+0.137%$83.1M$13.6M200xas long as short
Phoenix BNB+0.0127%1h798.57+0.020%$172K$36K10xas long as short
Kalshi KXBNBPERP+0.0133%8h799.00+0.074%$89K$2.9M4.8xas long as short
Hibachi BNB/USDT-P+0.0176%1h799.08+0.084%$70K$43K12xas long as short
Hyperliquid BNB+0.0213%1h799.35+0.118%$52.5M$21.2M10xas long as short
BloFin BNB-USDT+0.0229%8h798.85+0.055%$18.2M$2.5M75xas long as short
Bulk BNB-USD+0.0239%1h800.03+0.204%$650K$19K10xas long as short
RISEx BNB/USDCshort+0.0258%1h798.65+0.030%$1.1M$1.4M20x
01 Exchange BNBUSD+0.0288%1h799.21+0.101%$28K$1K10xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.837%$19K$789K30xas long as short
Reya BNBRUSDPERP+0.0331%1h798.12−0.035%$6K$3K40xas long as short
dYdX BNB-USD+0.0367%1h798.70+0.036%$161K$62K10xas long as short
Backpack BNB_USDC_PERP+0.0391%1h799.21+0.101%$2.7M$5.7M40xas long as short