Funding you earn now, next payment 05:00 UTC−0.0233%/8h= −25.5% APRnext payment −$0.29 per $10,000 · paid last 24h −0.086%
Price spread now: gTrade (Gains Network) against 01 Exchange−0.095%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
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and gTrade (Gains Network) is 0.095% cheaper against 01 Exchange than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange BNBUSD | 786.38 | 0.0240 | pay 0.0030% / 1h | 9m 18s | $28K | $4K | 10x |
| Short | gTrade (Gains Network) BNB/USD | 785.63 | L +0.0007% / S −0.0007% | get 0.0001% / 1h | 9m 18s | $9.5M | — | 150x |
01 Exchange BNBUSD
gTrade (Gains Network) BNB/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against 01 Exchange. 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
- −$48.89
- Price spread: −0.095% → 0.000%
- −$9.47
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$75.36
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: 01 Exchange: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 5 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell gTrade (Gains Network) virtual book (oracle venue), 5 min ago | 130.01 bp | 135.0 bp −$135 | 135.0 bp −$1,350 | 484.2 bp −$48.4K | 3301.4 bp −$1.65M |
01 Exchange: 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] | L −0.0192% / S +0.0356% | 1h | 785.53 | −0.108% | $46K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0125% | 1h | 785.57 | −0.104% | $2.5M | $1.2M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 787.35 | +0.123% | $4K | $42 | 25x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 786.70 | +0.041% | $122K | $2.7M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 787.52 | +0.145% | $849K | $3.1M | 30x | as long as short |
| gTrade (Gains Network) BNB/USDshort | L +0.0007% / S −0.0007% | 1h | 785.63 | −0.095% | $9.5M | — | 150x | |
| Aster BNBUSDT | +0.0021% | 8h | 786.13 | −0.032% | $6.1M | $19.0M | 200x | as long as short |
| BingX BNB-USDT | +0.0033% | 8h | 785.75 | −0.080% | — | $22.3M | — | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.379% | $19K | $789K | 30x | as long as short |
| MEXC BNB_USDT | +0.0041% | 8h | 786.50 | +0.015% | $79.7M | $12.1M | 200x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Hotstuff BNB-PERP
Kalshi KXBNBPERP
StandX BNB-USD
Aster BNBUSDT
BingX BNB-USDT
Injective BNB/USDC PERP
MEXC BNB_USDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNBUSDT | +0.0041% | 8h | 786.20 | −0.022% | $489.4M | $803.9M | 75x | as long as short |
| Phemex BNBUSDT | +0.0041% | 8h | 786.11 | −0.034% | $68.8M | $50.8M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0072% | 1h | 788.00 | +0.206% | $579K | $1.9M | 50x | as long as short |
| dYdX BNB-USD | +0.0078% | 1h | 785.90 | −0.061% | $159K | $63K | 10x | as long as short |
| Phoenix BNB | +0.0092% | 1h | 787.74 | +0.173% | $169K | $35K | 10x | as long as short |
| Lighter BNB | +0.0096% | 1h | 785.63 | −0.095% | $2.7M | $3.9M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 785.58 | −0.102% | $264K | $491K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 786.25 | −0.017% | $1.5M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 786.36 | −0.003% | $51.6M | $17.4M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 786.29 | −0.011% | $1.2M | $934K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 785.44 | −0.120% | $138.0M | $74.1M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 785.50 | −0.112% | $53.3M | $111.5M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 786.10 | −0.036% | $52K | $133K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 785.60 | −0.099% | $36.1M | $58.1M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 785.39 | −0.126% | $27.5M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 785.25 | −0.144% | $76.0M | $30.6M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 786.82 | +0.056% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 787.00 | +0.079% | $4.1M | $4.6M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 787.75 | +0.174% | $4.1M | $74.1M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 787.52 | +0.145% | $159K | $441K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 785.85 | −0.067% | $131K | $956K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 785.63 | −0.096% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 786.25 | −0.016% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 785.70 | −0.086% | $386K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 785.97 | −0.052% | $8.1M | $9.7M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 786.76 | +0.048% | $76K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 785.19 | −0.151% | $1.8M | $6.3M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 785.61 | −0.097% | $377K | $110K | 10x | as long as short |
| BloFin BNB-USDT | +0.0161% | 8h | 786.39 | +0.001% | $17.7M | $2.2M | 75x | as long as short |
| GRVT BNB_USDT_Perp | +0.0178% | 8h | 787.99 | +0.205% | $2.9M | $28.7M | 10x | as long as short |
| Bulk BNB-USD | +0.0201% | 1h | 787.88 | +0.191% | $639K | $10K | 10x | as long as short |
| 01 Exchange BNBUSDlong | +0.0240% | 1h | 786.38 | long leg | $28K | $4K | 10x | |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 786.00 | −0.049% | $1.5M | $143K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0324% | 1h | 785.40 | −0.125% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0431% | 1h | 786.13 | −0.031% | $1.1M | $907K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0432% | 1h | 786.29 | −0.011% | $67K | $39K | 12x | as long as short |
Binance BNBUSDT
Phemex BNBUSDT
Coinbase International BNB-PERP-INTX
dYdX BNB-USD
Phoenix BNB
Lighter BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
BloFin BNB-USDT
GRVT BNB_USDT_Perp
Bulk BNB-USD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P