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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0354%/8h= −38.7% APRnext payment $0.44 per $10,000 · paid last 24h −0.040%
Price spread now: gTrade (Gains Network) against RISEx−0.042%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$282as in the Price arb table
costs, in and out, $10k−$2802.796% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.180%−$18 on $10k
Price spread, last 7 days+0.009%+$1 · spread now −0.042%, 7d avg −0.021%
Together, before fees−0.171%−$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and gTrade (Gains Network) is 0.021% cheaper against RISEx than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.021%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx BNB/USDC791.420.0361pay 0.0045% / 1h11m 46s$1.1M$981K20x
ShortgTrade (Gains Network) BNB/USD791.09L +0.0008% / S −0.0007%get 0.0001% / 1h11m 46s$9.7M150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against RISEx. 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
−$74.28
Price spread: −0.042% → −0.021%
−$2.13
Slippage, 4 orders
−$263.56
Fee RISEx: 3 bp × 2 orders
−$6
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$355.97
Costs to cover
2.796%
Break-even
never at this rate
Slippage from RISEx: live order book, 2 min ago; gTrade (Gains Network): virtual book (oracle venue), 2 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 RISEx live order book, 2 min ago1.77 bp4.8 bp −$510.0 bp −$100doesn't fitdoesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 2 min ago130.01 bp135.0 bp −$135135.0 bp −$1,350484.2 bp −$48.4K3301.4 bp −$1.65M

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 −0.0167% / S +0.0335%1h790.99−0.055%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h791.44+0.002%$4K$23925xas long as short
StandX BNB-USD0.0000%1h792.14+0.090%$856K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDshortL +0.0008% / S −0.0007%1h791.09−0.042%$9.7M150x
Injective BNB/USDC PERP+0.0033%1h805.09+1.727%$19K$789K30xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h792.03+0.076%$615K$1.8M50xas long as short
Aster BNBUSDT+0.0050%8h791.68+0.032%$6.2M$18.6M200xas long as short
Phemex BNBUSDT+0.0052%8h791.59+0.021%$69.3M$50.5M50xas long as short
BingX BNB-USDC+0.0061%8h791.21−0.027%$13.4Mas long as short
Binance BNBUSDT+0.0072%8h791.99+0.072%$494.8M$791.9M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BNB_USDT+0.0074%8h792.00+0.073%$80.5M$12.5M200xas long as short
Kraken Futures PF_BNBUSD+0.0091%1h790.94−0.061%$2.5M$1.2M50xas long as short
Lighter BNB+0.0096%1h791.58+0.019%$2.8M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h791.09−0.042%$266K$498K50xas long as short
Nado BNB-PERP+0.0100%1h791.00−0.054%$1.4M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h791.76+0.042%$52.0M$17.7M10xas long as short
Pacifica BNB+0.0100%1h791.44+0.002%$1.2M$908K20xas long as short
Bybit BNBUSDT+0.0100%8h791.04−0.049%$139.2M$77.0M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h791.00−0.054%$53.7M$111.7M50xas long as short
Arcus BNB-USD+0.0100%1h791.20−0.028%$52K$130K10xas long as short
Gate BNB_USDT+0.0100%8h791.05−0.047%$35.4M$57.3M75xas long as short
KuCoin BNBUSDTM+0.0100%8h791.17−0.032%$27.8M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h790.81−0.078%$77.0M$29.8M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h791.33−0.012%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h791.90+0.059%$4.1M$4.6Mas long as short
edgeX BNBUSDC+0.0100%4h792.20+0.097%$4.1M$75.5M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h792.06+0.080%$159K$441K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h790.94−0.061%$134K$949K10xas long as short
Derive BNB-PERP+0.0100%1h791.24−0.024%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h791.64+0.027%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h791.30−0.016%$389K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h791.36−0.008%$8.1M$9.2M75xas long as short
Paradex BNB-USD-PERP+0.0102%8h791.79+0.046%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h790.75−0.086%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h791.10−0.041%$380K$110K10xas long as short
Phoenix BNB+0.0107%1h792.24+0.103%$170K$35K10xas long as short
GRVT BNB_USDT_Perp+0.0145%8h792.50+0.136%$2.9M$28.0M10xas long as short
Kalshi KXBNBPERP+0.0187%8h791.60+0.022%$83K$2.8M4.8xas long as short
BloFin BNB-USDT+0.0194%8h791.97+0.069%$18.2M$2.2M75xas long as short
dYdX BNB-USD+0.0200%1h791.15−0.035%$160K$63K10xas long as short
01 Exchange BNBUSD+0.0288%1h791.59+0.021%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h791.56+0.017%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0327%1h790.74−0.086%$6K$3K40xas long as short
RISEx BNB/USDClong+0.0361%1h791.42long leg$1.1M$981K20x
Bulk BNB-USD+0.0366%1h792.18+0.096%$641K$9K10xas long as short
Hibachi BNB/USDT-P+0.0584%1h791.61+0.024%$68K$38K12xas long as short