BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.12 per $10,000 · paid last 24h −0.036%

Price spread now: gTrade (Gains Network) against SoDEX+0.017%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−$276as in the Price arb table

costs, in and out, $10k−$2802.797% of the position

Long on SoDEX Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.096%−$10 on $10k

Price spread, last 3 days (all we have)+0.005%+$1 · spread now +0.017%, 7d avg −0.024%

Together, before fees−0.091%−$9 on $10k · with fees, hour by hour

The price spread pays, funding is against you. gTrade (Gains Network) is 0.041% dearer against SoDEX than usual: you sell high and buy low (spread +0.017% now, against its 7-day average of −0.024%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 34 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX BNB-USD	801.70	0.0103	pay 0.0013% / 1h	20m 12s	$394K	$1.0M	10x
Short	gTrade (Gains Network) BNB/USD	801.84	L +0.0008% / S −0.0007%	get 0.0001% / 1h	20m 12s	$9.7M	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against SoDEX. 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 SoDEXbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.017%Rate

Funding earned: −$20.06
Price spread: +0.017% → −0.024%: $4.1
Slippage, 4 orders: −$261.72
Fee SoDEX: 4 bp × 2 orders: −$8
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$295.68
Costs to cover: 2.797%
Break-even: never at this rate

Slippage from SoDEX: live order book, 4 min ago; gTrade (Gains Network): virtual book (oracle venue), 4 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 SoDEX live order book, 4 min ago	0.62 bp	4.6 bp −$5	9.1 bp −$91	78.8 bp −$7,878	doesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 4 min ago	130.01 bp	135.0 bp −$135	135.0 bp −$1,350	484.2 bp −$48.4K	3301.4 bp −$1.65M

BNB on 46 venues

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

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX BNB/USD [WBTC.b-USDC]	L −0.0201% / S +0.0372%	1h	801.80	+0.012%	$48K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	802.44	+0.092%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	801.96	+0.033%	$3.0M	$29.6M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	802.90	+0.150%	$158K	$2.9M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	802.86	+0.145%	$868K	$2.8M	30x	as long as short
gTrade (Gains Network) BNB/USDshort	L +0.0008% / S −0.0007%	1h	801.84	+0.017%	$9.7M	—	150x
Variational Omni BNB	+0.0038%	8h	801.85	+0.019%	$4.1M	$5.3M	—	as long as short
BingX BNB-USDT	+0.0062%	8h	801.82	+0.015%	—	$35.0M	—	as long as short
Bybit BNBUSDT	+0.0074%	8h	801.20	−0.062%	$139.5M	$82.3M	75x	as long as short
Lighter BNB	+0.0096%	1h	801.96	+0.032%	$2.8M	$4.2M	20x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International BNB-PERP-INTX	+0.0096%	1h	801.17	−0.066%	$610K	$1.0M	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	801.75	+0.006%	$1.4M	$2.8M	20x	as long as short
Pacifica BNB	+0.0100%	1h	802.28	+0.072%	$1.2M	$926K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	801.30	−0.050%	$54.8M	$116.3M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	802.40	+0.087%	$53K	$154K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	801.60	−0.012%	$35.8M	$58.5M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	801.71	+0.001%	$28.0M	$10.6M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	801.35	−0.044%	$81.0M	$26.8M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	801.76	+0.007%	$4.2M	$77.5M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	801.51	−0.024%	$161K	$442K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	801.76	+0.007%	$121K	$880K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	801.51	−0.024%	$387K	$568K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	801.78	+0.009%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	802.65	+0.119%	$13K	$1.7M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	801.86	+0.020%	$8.2M	$7.9M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	802.81	+0.139%	$78K	$19K	50x	as long as short
Aster BNBUSDT	+0.0101%	8h	802.48	+0.097%	$6.4M	$19.1M	200x	as long as short
SoDEX BNB-USDlong	+0.0103%	1h	801.70	long leg	$394K	$1.0M	10x
Extended BNB-USD	+0.0104%	1h	801.10	−0.075%	$1.8M	$6.1M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	801.66	−0.005%	$385K	$40K	10x	as long as short
MEXC BNB_USDT	+0.0118%	8h	802.60	+0.112%	$83.5M	$13.8M	200x	as long as short
Binance BNBUSDT	+0.0119%	8h	802.22	+0.064%	$504.1M	$826.8M	75x	as long as short
Phemex BNBUSDT	+0.0121%	8h	802.14	+0.055%	$70.1M	$51.8M	50x	as long as short
Phoenix BNB	+0.0155%	1h	802.83	+0.141%	$173K	$35K	10x	as long as short
Hibachi BNB/USDT-P	+0.0176%	1h	802.63	+0.116%	$71K	$48K	12x	as long as short
Kraken Futures PF_BNBUSD	+0.0206%	1h	801.58	−0.015%	$2.6M	$977K	50x	as long as short
BloFin BNB-USDT	+0.0239%	8h	803.07	+0.171%	$18.3M	$2.6M	75x	as long as short
dYdX BNB-USD	+0.0264%	1h	801.96	+0.032%	$162K	$62K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	802.11	+0.051%	$1.6M	$165K	25x	as long as short
Hyperliquid BNB	+0.0308%	1h	802.76	+0.132%	$51.9M	$21.9M	10x	as long as short
Injective BNB/USDC PERP	+0.0311%	1h	805.09	+0.423%	$19K	$789K	30x	as long as short
Bulk BNB-USD	+0.0314%	1h	802.70	+0.124%	$652K	$21K	10x	as long as short
RISEx BNB/USDC	+0.0318%	1h	802.18	+0.060%	$1.1M	$1.4M	20x	as long as short
01 Exchange BNBUSD	+0.0328%	1h	802.70	+0.125%	$28K	$1K	10x	as long as short
Reya BNBRUSDPERP	+0.0333%	1h	801.46	−0.029%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0616%	1h	802.94	+0.155%	$2.7M	$5.7M	40x	as long as short