BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0174%/8h= +19.0% APRnext payment +$0.22 per $10,000 · paid last 24h +0.033%

Price spread now: SoDEX against gTrade (Gains Network)+0.020%7-day average +0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$280as in the Price arb table

costs, in and out, $10k−$2792.794% of the position

Long on gTrade (Gains Network)Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.100%+$10 on $10k

Price spread, last 3 days (all we have)−0.029%−$3 · spread now +0.020%, 7d avg +0.024%

Together, before fees+0.070%+$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.024%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) BNB/USD	789.04	L +0.0008% / S −0.0007%	pay 0.0001% / 1h	59m 10s	$9.6M	—	150x
Short	SoDEX BNB-USD	789.20	0.0181	get 0.0023% / 1h	59m 10s	$388K	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee SoDEXbpOrdersPrice spread, now +0.020%Rate

Funding earned: $36.49
Price spread: +0.020% → +0.024%: −$0.4
Slippage, 4 orders: −$261.44
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$243.35
Costs to cover: 2.794%
Break-even: 53.7 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 5 min ago; SoDEX: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy gTrade (Gains Network) virtual book (oracle venue), 5 min ago	130.01 bp	135.0 bp −$135	135.0 bp −$1,350	416.8 bp −$41.7K	2253.7 bp −$1.13M
Sell SoDEX live order book, 5 min ago	0.63 bp	4.8 bp −$5	8.6 bp −$86	77.1 bp −$7,709	doesn't fit

BNB on 45 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX BNB/USD [WBTC.b-USDC]	L −0.0167% / S +0.0335%	1h	788.99	−0.006%	$46K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	789.66	+0.079%	$4K	$239	25x	as long as short
StandX BNB-USD	0.0000%	1h	789.76	+0.091%	$854K	$3.2M	30x	as long as short
gTrade (Gains Network) BNB/USDlong	L +0.0008% / S −0.0007%	1h	789.04	long leg	$9.6M	—	150x
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.034%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0034%	8h	789.79	+0.095%	$6.2M	$18.9M	200x	as long as short
Coinbase International BNB-PERP-INTX	+0.0048%	1h	789.66	+0.079%	$619K	$1.8M	50x	as long as short
BingX BNB-USDC	+0.0051%	8h	789.28	+0.030%	—	$13.4M	—	as long as short
Phemex BNBUSDT	+0.0055%	8h	789.71	+0.085%	$69.1M	$50.8M	50x	as long as short
Variational Omni BNB	+0.0062%	8h	789.21	+0.022%	$4.1M	$4.8M	—	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BNB_USDT	+0.0068%	8h	789.90	+0.109%	$80.5M	$12.3M	200x	as long as short
Binance BNBUSDT	+0.0069%	8h	789.79	+0.095%	$494.5M	$811.0M	75x	as long as short
Gate BNB_USDT	+0.0074%	8h	789.00	−0.005%	$35.4M	$56.1M	75x	as long as short
Phoenix BNB	+0.0088%	1h	789.72	+0.086%	$170K	$34K	10x	as long as short
Kraken Futures PF_BNBUSD	+0.0091%	1h	789.20	+0.021%	$2.5M	$1.2M	50x	as long as short
Lighter BNB	+0.0096%	1h	789.37	+0.042%	$2.8M	$3.9M	20x	as long as short
GRVT BNB_USDT_Perp	+0.0098%	8h	790.16	+0.142%	$2.9M	$28.4M	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	789.08	+0.005%	$381K	$380K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	789.05	+0.001%	$1.5M	$2.6M	20x	as long as short
Pacifica BNB	+0.0100%	1h	789.62	+0.074%	$1.2M	$909K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	789.07	+0.004%	$138.8M	$79.2M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	788.90	−0.018%	$53.3M	$112.6M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	789.60	+0.071%	$52K	$135K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	788.92	−0.015%	$27.8M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	788.99	−0.006%	$77.1M	$29.9M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	789.58	+0.068%	$2.2M	$6.1M	40x	as long as short
edgeX BNBUSDC	+0.0100%	4h	789.88	+0.107%	$4.1M	$77.4M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	789.88	+0.106%	$159K	$438K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	789.04	0.000%	$137K	$946K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	789.24	+0.025%	$31K	$9K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	789.88	+0.106%	$12K	$1.6M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	789.06	+0.003%	$8.1M	$9.0M	75x	as long as short
Paradex BNB-USD-PERP	+0.0102%	8h	790.05	+0.128%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	788.81	−0.029%	$1.8M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	789.13	+0.011%	$379K	$110K	10x	as long as short
Hyperliquid BNB	+0.0122%	1h	789.72	+0.086%	$51.8M	$18.7M	10x	as long as short
dYdX BNB-USD	+0.0124%	1h	788.88	−0.020%	$160K	$64K	10x	as long as short
Kalshi KXBNBPERP	+0.0178%	8h	789.60	+0.071%	$90K	$2.8M	4.8x	as long as short
SoDEX BNB-USDshort	+0.0181%	1h	789.20	+0.020%	$388K	$1.0M	10x
Bulk BNB-USD	+0.0298%	1h	789.80	+0.096%	$640K	$13K	10x	as long as short
Reya BNBRUSDPERP	+0.0328%	1h	788.85	−0.024%	$6K	$3K	40x	as long as short
01 Exchange BNBUSD	+0.0336%	1h	789.96	+0.117%	$28K	$4K	10x	as long as short
RISEx BNB/USDC	+0.0361%	1h	789.65	+0.077%	$1.1M	$1.1M	20x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0400%	1h	789.62	+0.073%	$1.5M	$160K	25x	as long as short
Hibachi BNB/USDT-P	+0.0528%	1h	789.28	+0.030%	$67K	$39K	12x	as long as short