BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0295%/8h= +32.3% APRnext payment +$0.37 per $10,000 · paid last 24h +0.078%

Price spread now: Arcus against GMX+0.068%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Arcus

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Arcus is 0.068% dearer against GMX than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX BNB/USD [WBTC.b-USDC]	805.65	L −0.0195% / S +0.0371%	get 0.0024% / 1h	43m 19s	$49K	—	200x
Short	Arcus BNB-USD	806.20	0.0100	get 0.0013% / 1h	43m 19s	$53K	$170K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against GMX. 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 GMXbpFee ArcusbpOrdersPrice spread, now +0.068%Rate

Funding earned: $61.89
Price spread: +0.068% → 0.000%: $6.77
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: $52.15
Costs to cover: 0.165%
Break-even: 1.1 days

Slippage unknown: GMX: no order-book sample; Arcus: live order book, 40 min ago. Net counts fees only.

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 GMX no order-book sample	—	—	—	—	—
Sell Arcus live order book, 40 min ago	6.20 bp	11.2 bp −$11	23.2 bp −$232	doesn't fit	doesn't fit

GMX: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX BNB/USD [WBTC.b-USDC]long	L −0.0195% / S +0.0371%	1h	805.65	long leg	$49K	—	200x
Hotstuff BNB-PERP	−0.0080%	1h	806.36	+0.088%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	806.21	+0.069%	$3.0M	$29.2M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	806.30	+0.080%	$108K	$2.5M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	805.76	+0.013%	$871K	$2.8M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	805.73	+0.009%	$9.8M	—	150x	as long as short
Variational Omni BNB	+0.0048%	8h	804.97	−0.085%	$4.1M	$5.3M	—	as long as short
BingX BNB-USDT	+0.0059%	8h	805.85	+0.024%	—	$34.5M	—	as long as short
Hibachi BNB/USDT-P	+0.0080%	1h	805.82	+0.020%	$71K	$48K	12x	as long as short
Bybit BNBUSDT	+0.0083%	8h	805.56	−0.012%	$139.5M	$81.3M	75x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter BNB	+0.0096%	1h	806.06	+0.050%	$2.8M	$4.2M	20x	as long as short
Coinbase International BNB-PERP-INTX	+0.0096%	1h	805.54	−0.014%	$608K	$881K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	805.67	+0.002%	$1.5M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	806.17	+0.063%	$1.2M	$924K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	805.80	+0.018%	$55.1M	$116.0M	50x	as long as short
Arcus BNB-USDshort	+0.0100%	1h	806.20	+0.068%	$53K	$170K	10x
Gate BNB_USDT	+0.0100%	8h	805.70	+0.006%	$36.1M	$57.5M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	805.80	+0.018%	$28.2M	$10.5M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	805.29	−0.045%	$78.7M	$25.0M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	806.31	+0.081%	$4.2M	$76.6M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	806.49	+0.104%	$162K	$440K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	805.87	+0.027%	$116K	$870K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	805.67	+0.002%	$389K	$592K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	805.82	+0.021%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	806.36	+0.087%	$13K	$1.7M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	805.84	+0.023%	$8.2M	$7.6M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	806.52	+0.107%	$79K	$19K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	805.22	−0.054%	$1.9M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	805.85	+0.025%	$387K	$40K	10x	as long as short
Aster BNBUSDT	+0.0105%	8h	806.48	+0.102%	$6.4M	$18.8M	200x	as long as short
MEXC BNB_USDT	+0.0120%	8h	806.70	+0.130%	$84.7M	$13.4M	200x	as long as short
Binance BNBUSDT	+0.0121%	8h	806.53	+0.108%	$521.0M	$803.4M	75x	as long as short
Phemex BNBUSDT	+0.0131%	8h	806.42	+0.095%	$70.4M	$51.8M	50x	as long as short
Phoenix BNB	+0.0155%	1h	806.22	+0.070%	$173K	$35K	10x	as long as short
SoDEX BNB-USD	+0.0177%	1h	805.80	+0.018%	$396K	$1.0M	10x	as long as short
Hyperliquid BNB	+0.0186%	1h	806.66	+0.125%	$51.9M	$22.0M	10x	as long as short
dYdX BNB-USD	+0.0203%	1h	805.84	+0.023%	$162K	$63K	10x	as long as short
Kraken Futures PF_BNBUSD	+0.0205%	1h	805.74	+0.011%	$2.5M	$929K	50x	as long as short
BloFin BNB-USDT	+0.0241%	8h	806.53	+0.109%	$18.8M	$3.1M	75x	as long as short
Bulk BNB-USD	+0.0274%	1h	805.55	−0.013%	$651K	$14K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	806.12	+0.058%	$1.6M	$165K	25x	as long as short
Injective BNB/USDC PERP	+0.0311%	1h	805.09	−0.070%	$19K	$789K	30x	as long as short
RISEx BNB/USDC	+0.0318%	1h	806.17	+0.065%	$1.1M	$1.4M	20x	as long as short
Reya BNBRUSDPERP	+0.0333%	1h	805.52	−0.017%	$6K	$3K	40x	as long as short
01 Exchange BNBUSD	+0.0352%	1h	806.80	+0.142%	$29K	$1K	10x	as long as short
Backpack BNB_USDC_PERP	+0.0715%	1h	806.68	+0.127%	$3.0M	$5.5M	40x	as long as short