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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0241%/8h= +26.3% APRnext payment +$0.30 per $10,000 · paid last 24h +0.086%
Price spread now: 01 Exchange against gTrade (Gains Network)+0.081%7-day average · you sell dearer than you buy
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 feesneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and 01 Exchange is 0.081% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) BNB/USD786.67L +0.0007% / S −0.0007%pay 0.0001% / 1h1m 55s$9.5M150x
Short01 Exchange BNBUSD787.300.0248get 0.0031% / 1h1m 55s$28K$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$50.51
Price spread: +0.081% → 0.000%
$8.06
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$41.57
Costs to cover
0.170%
Break-even
1.2 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 2 min ago; 01 Exchange: 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), 2 min ago130.00 bp135.0 bp −$135135.0 bp −$1,350416.8 bp −$41.7K2253.7 bp −$1.13M
Sell 01 Exchange no order-book sample
01 Exchange: 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 −0.0192% / S +0.0356%1h786.58−0.010%$46K200xas long as short
Kraken Futures PF_BNBUSD−0.0124%1h786.71+0.005%$2.5M$1.2M50xas long as short
Hotstuff BNB-PERP−0.0080%1h787.07+0.051%$4K$4225xas long as short
Kalshi KXBNBPERP0.0000%8h787.20+0.068%$122K$2.7M4.8xas long as short
StandX BNB-USD0.0000%1h788.43+0.224%$850K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDlongL +0.0007% / S −0.0007%1h786.67long leg$9.5M150x
Aster BNBUSDT+0.0023%8h787.23+0.071%$6.1M$19.1M200xas long as short
BingX BNB-USDC+0.0033%8h787.25+0.074%$13.4Mas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.342%$19K$789K30xas long as short
MEXC BNB_USDT+0.0044%8h787.60+0.119%$79.8M$12.1M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0044%8h787.35+0.087%$490.1M$804.3M75xas long as short
Phemex BNBUSDT+0.0049%8h787.27+0.077%$68.9M$50.7M50xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h787.21+0.069%$579K$1.9M50xas long as short
dYdX BNB-USD+0.0075%1h787.22+0.070%$159K$62K10xas long as short
Phoenix BNB+0.0092%1h787.46+0.101%$169K$35K10xas long as short
Lighter BNB+0.0096%1h786.89+0.028%$2.7M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h786.73+0.008%$265K$491K50xas long as short
Nado BNB-PERP+0.0100%1h786.55−0.015%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h787.21+0.069%$51.6M$17.5M10xas long as short
Pacifica BNB+0.0100%1h786.85+0.023%$1.2M$934K20xas long as short
Bybit BNBUSDT+0.0100%8h786.50−0.021%$138.2M$74.1M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h786.60−0.008%$53.4M$111.6M50xas long as short
Arcus BNB-USD+0.0100%1h786.80+0.017%$52K$133K10xas long as short
Gate BNB_USDT+0.0100%8h786.55−0.015%$36.2M$58.5M75xas long as short
KuCoin BNBUSDTM+0.0100%8h786.44−0.029%$27.6M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h786.25−0.053%$76.1M$30.7M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h787.07+0.051%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h787.11+0.057%$4.1M$4.6Mas long as short
edgeX BNBUSDC+0.0100%4h787.75+0.138%$4.1M$74.5M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h787.00+0.042%$158K$442K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h786.59−0.010%$131K$956K10xas long as short
Derive BNB-PERP+0.0100%1h786.79+0.016%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h787.22+0.071%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h786.90+0.030%$387K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h786.75+0.010%$8.1M$9.7M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h787.06+0.050%$76K$17K50xas long as short
Extended BNB-USD+0.0104%1h786.34−0.041%$1.8M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h786.86+0.024%$378K$110K10xas long as short
BloFin BNB-USDT+0.0164%8h787.38+0.091%$17.7M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0185%8h787.96+0.165%$2.9M$28.9M10xas long as short
Bulk BNB-USD+0.0223%1h788.23+0.199%$639K$10K10xas long as short
01 Exchange BNBUSDshort+0.0248%1h787.30+0.081%$28K$4K10x
Deribit BNB_USDC-PERPETUAL+0.0300%1h787.17+0.064%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0324%1h786.40−0.033%$6K$3K40xas long as short
RISEx BNB/USDC+0.0431%1h786.88+0.027%$1.1M$907K20xas long as short
Hibachi BNB/USDT-P+0.0432%1h787.70+0.131%$67K$39K12xas long as short