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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0093%/8h= −10.1% APRpaid last 24h −0.028%
Price spread now: gTrade (Gains Network) against SunX−0.076%7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$316as in the Price arb table
costs, in and out, $10k−$3173.168% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.081%−$8 on $10k
Price spread, last 3 days (all we have)+0.070%+$7 · spread now −0.076%, 7d avg −0.080%
Together, before fees−0.011%−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.080%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BNB-USDT806.510.0100pay 0.0100% / 8h1h 37m$13K$1.7M50x
ShortgTrade (Gains Network) BNB/USD805.90L +0.0008% / S −0.0007%get 0.0001% / 1h37m 11s$9.8M150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against SunX. 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
−$19.44
Price spread: −0.076% → −0.080%
$0.41
Slippage, 4 orders
−$298.83
Fee SunX: 4 bp × 2 orders
−$8
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$335.86
Costs to cover
3.168%
Break-even
never at this rate
Slippage from SunX: live order book, 8 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 SunX live order book, 8 min ago15.44 bp23.3 bp −$2338.8 bp −$388doesn'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 −0.0201% / S +0.0372%1h805.95−0.071%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h806.63+0.014%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h806.76+0.031%$3.0M$29.1M10xas long as short
Kalshi KXBNBPERP0.0000%8h806.80+0.035%$106K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h806.55+0.004%$872K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDshortL +0.0008% / S −0.0007%1h805.90−0.076%$9.8M150x
Variational Omni BNB+0.0044%8h806.56+0.005%$4.1M$5.3Mas long as short
BingX BNB-USDC+0.0059%8h806.28−0.029%$13.3Mas long as short
Bybit BNBUSDT+0.0083%8h805.77−0.092%$139.6M$81.2M75xas long as short
Lighter BNB+0.0096%1h806.29−0.028%$2.8M$4.2M20xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0096%1h805.54−0.121%$608K$881K50xas long as short
Nado BNB-PERP+0.0100%1h805.85−0.082%$1.5M$2.7M20xas long as short
Pacifica BNB+0.0100%1h806.35−0.020%$1.2M$923K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h806.00−0.064%$55.1M$116.0M50xas long as short
Arcus BNB-USD+0.0100%1h806.60+0.011%$53K$170K10xas long as short
Gate BNB_USDT+0.0100%8h805.95−0.070%$36.1M$57.6M75xas long as short
KuCoin BNBUSDTM+0.0100%8h805.84−0.084%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h805.63−0.110%$78.7M$25.0M75xas long as short
edgeX BNBUSDC+0.0100%4h807.06+0.068%$4.2M$76.6M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h806.65+0.017%$162K$440K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h805.73−0.097%$116K$869K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h805.93−0.072%$389K$592K50xas long as short
Derive BNB-PERP+0.0100%1h806.13−0.048%$32K$5K10xas long as short
SunX BNB-USDTlong+0.0100%8h806.51long leg$13K$1.7M50x
HTX BNB-USDT+0.0100%8h806.07−0.055%$8.2M$7.7M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h806.77+0.032%$79K$19K50xas long as short
Extended BNB-USD+0.0104%1h805.56−0.118%$1.9M$6.0M50xas long as short
Hibachi BNB/USDT-P+0.0104%1h806.80+0.035%$71K$48K12xas long as short
Aevo BNB-PERP+0.0104%1h806.07−0.055%$387K$40K10xas long as short
Aster BNBUSDT+0.0107%8h806.62+0.013%$6.4M$18.8M200xas long as short
MEXC BNB_USDT+0.0122%8h807.10+0.073%$84.8M$13.4M200xas long as short
Binance BNBUSDT+0.0123%8h806.60+0.010%$520.7M$804.1M75xas long as short
Phemex BNBUSDT+0.0135%8h806.53+0.002%$70.4M$51.8M50xas long as short
Phoenix BNB+0.0155%1h807.20+0.085%$173K$35K10xas long as short
SoDEX BNB-USD+0.0180%1h806.10−0.051%$397K$1.0M10xas long as short
dYdX BNB-USD+0.0201%1h806.57+0.007%$163K$63K10xas long as short
Kraken Futures PF_BNBUSD+0.0205%1h805.91−0.075%$2.5M$930K50xas long as short
Hyperliquid BNB+0.0235%1h806.96+0.055%$52.2M$21.9M10xas long as short
BloFin BNB-USDT+0.0243%8h806.57+0.007%$18.8M$2.6M75xas long as short
Bulk BNB-USD+0.0295%1h807.66+0.142%$652K$14K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h806.39−0.016%$1.6M$165K25xas long as short
Injective BNB/USDC PERP+0.0311%1h805.09−0.177%$19K$789K30xas long as short
RISEx BNB/USDC+0.0318%1h806.35−0.020%$1.1M$1.4M20xas long as short
Reya BNBRUSDPERP+0.0333%1h805.52−0.123%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0352%1h806.85+0.042%$29K$1K10xas long as short
Backpack BNB_USDC_PERP+0.0691%1h807.09+0.071%$3.0M$5.5M40xas long as short