Funding you earn now, next payment 04:00 UTC−0.0114%/8h= −12.4% APRnext payment −$0.14 per $10,000 · paid last 24h −0.125%
Price spread now: gTrade (Gains Network) against dYdX−0.004%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$305as in the Price arb table
costs, in and out, $10k−$3043.040% of the position
Funding, last 3 days (all we have)−0.428%−$43 on $10k
+Price spread, last 4 days (all we have)−0.150%−$15 · spread now −0.004%, 7d avg +0.007%
=The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX BNB-USD | 788.65 | 0.0121 | pay 0.0015% / 1h | 13m 55s | $160K | $64K | 10x |
| Short | gTrade (Gains Network) BNB/USD | 788.62 | L +0.0007% / S −0.0007% | get 0.0001% / 1h | 13m 55s | $9.5M | — | 150x |
dYdX BNB-USD
gTrade (Gains Network) BNB/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against dYdX. 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
- −$23.85
- Price spread: −0.004% → +0.007%
- −$1.12
- Slippage, 4 orders
- −$284.03
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$329
- Costs to cover
- 3.040%
- Break-even
- never at this rate
Slippage from dYdX: live order book, 45 min ago; gTrade (Gains Network): virtual book (oracle venue), just now.
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 dYdX live order book, 45 min ago | 11.42 bp | 16.4 bp −$16 | 25.9 bp −$259 | 30.9 bp −$3,091 | 143.4 bp −$71.7K |
| Sell gTrade (Gains Network) virtual book (oracle venue), just now | 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 −0.0188% / S +0.0352% | 1h | 788.55 | −0.013% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 789.20 | +0.069% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 789.06 | +0.052% | $851K | $3.2M | 30x | as long as short |
| gTrade (Gains Network) BNB/USDshort | L +0.0007% / S −0.0007% | 1h | 788.62 | −0.004% | $9.5M | — | 150x | |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.084% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0036% | 8h | 789.32 | +0.084% | $6.1M | $18.7M | 200x | as long as short |
| BingX BNB-USDT | +0.0050% | 8h | 788.88 | +0.029% | — | $34.4M | — | as long as short |
| Phemex BNBUSDT | +0.0057% | 8h | 789.38 | +0.092% | $69.0M | $50.0M | 50x | as long as short |
| Binance BNBUSDT | +0.0060% | 8h | 789.28 | +0.080% | $492.6M | $789.8M | 75x | as long as short |
| MEXC BNB_USDT | +0.0060% | 8h | 789.70 | +0.133% | $80.1M | $12.4M | 200x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
StandX BNB-USD
Injective BNB/USDC PERP
Aster BNBUSDT
BingX BNB-USDT
Phemex BNBUSDT
Binance BNBUSDT
MEXC BNB_USDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BNB-PERP-INTX | +0.0064% | 1h | 789.45 | +0.101% | $582K | $1.9M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 788.94 | +0.036% | $2.7M | $3.9M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 788.76 | +0.014% | $265K | $492K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 788.75 | +0.012% | $1.5M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 789.32 | +0.085% | $51.8M | $17.6M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 789.00 | +0.044% | $1.2M | $931K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 788.57 | −0.010% | $138.7M | $74.4M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 788.70 | +0.006% | $53.4M | $111.2M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 789.00 | +0.044% | $52K | $130K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 788.75 | +0.012% | $35.5M | $57.5M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 788.64 | −0.002% | $28.1M | $10.4M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 788.46 | −0.024% | $76.3M | $30.1M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 789.45 | +0.101% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 788.31 | −0.043% | $4.1M | $4.6M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 789.65 | +0.126% | $4.1M | $73.3M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 789.38 | +0.092% | $159K | $441K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 788.60 | −0.007% | $133K | $950K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 788.81 | +0.020% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 789.42 | +0.097% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 788.90 | +0.031% | $388K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 788.63 | −0.002% | $8.1M | $9.5M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0101% | 8h | 789.17 | +0.066% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 788.38 | −0.034% | $1.8M | $5.9M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 788.77 | +0.015% | $379K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0117% | 1h | 789.14 | +0.062% | $170K | $35K | 10x | as long as short |
| dYdX BNB-USDlong | +0.0121% | 1h | 788.65 | long leg | $160K | $64K | 10x | |
| GRVT BNB_USDT_Perp | +0.0152% | 8h | 789.95 | +0.165% | $2.9M | $28.6M | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0175% | 8h | 789.30 | +0.082% | $126K | $2.7M | 4.8x | as long as short |
| BloFin BNB-USDT | +0.0180% | 8h | 789.62 | +0.123% | $18.1M | $2.2M | 75x | as long as short |
| Bulk BNB-USD | +0.0216% | 1h | 789.05 | +0.050% | $639K | $9K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0232% | 1h | 789.24 | +0.075% | $28K | $4K | 10x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0264% | 1h | 788.66 | +0.002% | $2.5M | $1.2M | 50x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 789.17 | +0.066% | $1.5M | $143K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0326% | 1h | 788.40 | −0.032% | $6K | $3K | 40x | as long as short |
| Hibachi BNB/USDT-P | +0.0384% | 1h | 789.19 | +0.068% | $67K | $38K | 12x | as long as short |
| RISEx BNB/USDC | +0.0461% | 1h | 789.09 | +0.056% | $1.1M | $967K | 20x | as long as short |
Coinbase International BNB-PERP-INTX
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
Phoenix BNB
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
BloFin BNB-USDT
Bulk BNB-USD
01 Exchange BNBUSD
Kraken Futures PF_BNBUSD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
Hibachi BNB/USDT-P
RISEx BNB/USDC