Funding you earn now, next payment 01:00 UTC+0.0209%/8h= +22.8% APRnext payment +$0.26 per $10,000 · paid last 24h +0.043%
Price spread now: gTrade (Gains Network) against GMX−0.002%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX BNB/USD [WBTC.b-USDC] | 798.85 | L −0.0201% / S +0.0372% | get 0.0025% / 1h | 57m 24s | $47K | — | 200x |
| Short | gTrade (Gains Network) BNB/USD | 798.83 | L +0.0008% / S −0.0007% | get 0.0001% / 1h | 57m 24s | $9.7M | — | 150x |
GMX BNB/USD [WBTC.b-USDC]
gTrade (Gains Network) BNB/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against GMX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $43.8
- Price spread: −0.002% → 0.000%
- −$0.16
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- $21.64
- Costs to cover
- 0.220%
- Break-even
- 3.5 days
Slippage unknown: GMX: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 2 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 gTrade (Gains Network) virtual book (oracle venue), 2 min ago | 130.01 bp | 135.0 bp −$135 | 135.0 bp −$1,350 | 484.2 bp −$48.4K | 3301.4 bp −$1.65M |
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 −0.0201% / S +0.0372% | 1h | 798.85 | long leg | $47K | — | 200x | |
| Kraken Futures PF_BNBUSD | −0.0121% | 1h | 798.59 | −0.032% | $2.5M | $977K | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 799.09 | +0.030% | $4K | $239 | 25x | as long as short |
| Gate BNB_USDT | −0.0019% | 8h | 798.55 | −0.037% | $35.7M | $55.6M | 75x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 799.73 | +0.110% | $3.0M | $27.9M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 799.39 | +0.068% | $864K | $2.9M | 30x | as long as short |
| Phemex BNBUSDT | 0.0000% | 8h | 799.24 | +0.049% | $69.9M | $50.7M | 50x | as long as short |
| gTrade (Gains Network) BNB/USDshort | L +0.0008% / S −0.0007% | 1h | 798.83 | −0.002% | $9.7M | — | 150x | |
| Variational Omni BNB | +0.0009% | 8h | 798.84 | −0.001% | $4.1M | $5.4M | — | as long as short |
| BingX BNB-USDT | +0.0030% | 8h | 798.82 | −0.003% | — | $35.2M | — | as long as short |
Kraken Futures PF_BNBUSD
Hotstuff BNB-PERP
Gate BNB_USDT
GRVT BNB_USDT_Perp
StandX BNB-USD
Phemex BNBUSDT
Variational Omni BNB
BingX BNB-USDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +0.782% | $19K | $789K | 30x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0048% | 1h | 798.68 | −0.021% | $602K | $985K | 50x | as long as short |
| Bybit BNBUSDT | +0.0062% | 8h | 798.40 | −0.056% | $138.7M | $76.8M | 75x | as long as short |
| Aster BNBUSDT | +0.0074% | 8h | 799.28 | +0.054% | $6.2M | $19.3M | 200x | as long as short |
| MEXC BNB_USDT | +0.0095% | 8h | 799.60 | +0.094% | $83.1M | $13.5M | 200x | as long as short |
| Binance BNBUSDT | +0.0095% | 8h | 799.38 | +0.067% | $497.3M | $818.4M | 75x | as long as short |
| Lighter BNB | +0.0096% | 1h | 798.83 | −0.002% | $2.8M | $4.0M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 798.48 | −0.046% | $1.4M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 798.76 | −0.011% | $1.2M | $925K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 798.40 | −0.056% | $54.4M | $112.5M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 799.10 | +0.032% | $53K | $133K | 10x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 798.70 | −0.018% | $28.0M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 798.46 | −0.048% | $78.8M | $27.6M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 799.62 | +0.097% | $4.2M | $76.0M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 799.37 | +0.065% | $161K | $436K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 798.60 | −0.031% | $116K | $872K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 798.57 | −0.035% | $386K | $494K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 798.75 | −0.013% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 799.19 | +0.042% | $13K | $1.7M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 798.80 | −0.006% | $393K | $1.0M | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 799.02 | +0.022% | $1.6M | $165K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 798.78 | −0.009% | $8.2M | $8.1M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 799.37 | +0.065% | $78K | $19K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 798.46 | −0.049% | $1.8M | $6.6M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 798.84 | −0.001% | $384K | $60K | 10x | as long as short |
| Phoenix BNB | +0.0127% | 1h | 799.98 | +0.142% | $172K | $35K | 10x | as long as short |
| Hibachi BNB/USDT-P | +0.0152% | 1h | 799.05 | +0.025% | $70K | $43K | 12x | as long as short |
| Kalshi KXBNBPERP | +0.0154% | 8h | 799.20 | +0.044% | $90K | $2.9M | 4.8x | as long as short |
| RISEx BNB/USDC | +0.0155% | 1h | 798.96 | +0.014% | $1.1M | $1.4M | 20x | as long as short |
| Bulk BNB-USD | +0.0158% | 1h | 799.24 | +0.049% | $649K | $14K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0200% | 1h | 799.44 | +0.074% | $28K | $1K | 10x | as long as short |
| BloFin BNB-USDT | +0.0217% | 8h | 799.63 | +0.098% | $18.1M | $2.5M | 75x | as long as short |
| dYdX BNB-USD | +0.0228% | 1h | 798.89 | +0.005% | $161K | $63K | 10x | as long as short |
| Backpack BNB_USDC_PERP | +0.0267% | 1h | 799.43 | +0.073% | $2.7M | $5.7M | 40x | as long as short |
| Hyperliquid BNB | +0.0270% | 1h | 799.54 | +0.087% | $52.5M | $20.8M | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0331% | 1h | 798.39 | −0.057% | $6K | $3K | 40x | as long as short |
Injective BNB/USDC PERP
Coinbase International BNB-PERP-INTX
Bybit BNBUSDT
Aster BNBUSDT
MEXC BNB_USDT
Binance BNBUSDT
Lighter BNB
Nado BNB-PERP
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
Hibachi BNB/USDT-P
Kalshi KXBNBPERP
RISEx BNB/USDC
Bulk BNB-USD
01 Exchange BNBUSD
BloFin BNB-USDT
dYdX BNB-USD
Backpack BNB_USDC_PERP
Hyperliquid BNB
Reya BNBRUSDPERP