BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0093%/8h= +10.1% APRnext payment +$0.12 per $10,000 · paid last 24h +0.028%

Price spread now: ApeX Omni against gTrade (Gains Network)−0.041%7-day average +0.070% · 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−$302as in the Price arb table

costs, in and out, $10k−$2912.912% of the position

Long on gTrade (Gains Network)Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.090%+$9 on $10k

Price spread, last 4 days (all we have)+0.178%+$18 · spread now −0.041%, 7d avg +0.070%

Together, before fees+0.269%+$27 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.110% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.041% now, against its 7-day average of +0.070%). If the spread goes back, that is −$11 on $10k: about 4.0 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) BNB/USD	786.52	L +0.0007% / S −0.0007%	pay 0.0001% / 1h	6m 34s	$9.5M	—	150x
Short	ApeX Omni BNBUSDT	786.20	0.0100	get 0.0013% / 1h	6m 34s	$158K	$441K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee ApeX OmnibpOrdersPrice spread, now −0.041%Rate

Funding earned: $19.43
Price spread: −0.041% → +0.070%: −$11.03
Slippage, 4 orders: −$271.2
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$282.79
Costs to cover: 2.912%
Break-even: 108.9 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 3 min ago; ApeX Omni: live order book, 46 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 gTrade (Gains Network) virtual book (oracle venue), 3 min ago	130.01 bp	135.0 bp −$135	135.0 bp −$1,350	416.8 bp −$41.7K	2253.7 bp −$1.13M
Sell ApeX Omni live order book, 46 min ago	4.81 bp	10.6 bp −$11	32.6 bp −$326	doesn't fit	doesn't fit

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	786.44	−0.010%	$46K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0124%	1h	786.80	+0.036%	$2.5M	$1.2M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	786.81	+0.037%	$4K	$42	25x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	787.00	+0.061%	$122K	$2.7M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	786.49	−0.004%	$848K	$3.1M	30x	as long as short
gTrade (Gains Network) BNB/USDlong	L +0.0007% / S −0.0007%	1h	786.52	long leg	$9.5M	—	150x
Aster BNBUSDT	+0.0022%	8h	787.88	+0.173%	$6.1M	$19.1M	200x	as long as short
BingX BNB-USDT	+0.0033%	8h	787.39	+0.111%	—	$22.3M	—	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.361%	$19K	$789K	30x	as long as short
Phemex BNBUSDT	+0.0040%	8h	787.13	+0.078%	$68.8M	$50.7M	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BNB_USDT	+0.0041%	8h	788.30	+0.226%	$79.9M	$12.1M	200x	as long as short
Binance BNBUSDT	+0.0043%	8h	787.99	+0.187%	$490.5M	$804.1M	75x	as long as short
Coinbase International BNB-PERP-INTX	+0.0072%	1h	788.00	+0.188%	$579K	$1.9M	50x	as long as short
dYdX BNB-USD	+0.0076%	1h	787.22	+0.089%	$159K	$61K	10x	as long as short
Phoenix BNB	+0.0092%	1h	786.26	−0.033%	$169K	$35K	10x	as long as short
Lighter BNB	+0.0096%	1h	787.39	+0.110%	$2.7M	$3.9M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	786.76	+0.031%	$265K	$491K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	787.10	+0.074%	$1.5M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	787.78	+0.161%	$51.7M	$17.5M	10x	as long as short
Pacifica BNB	+0.0100%	1h	787.60	+0.138%	$1.2M	$934K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	787.30	+0.099%	$138.3M	$74.1M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	787.30	+0.099%	$53.4M	$111.7M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	787.50	+0.125%	$52K	$133K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	787.15	+0.080%	$36.1M	$58.3M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	786.96	+0.056%	$27.6M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	787.01	+0.062%	$76.2M	$30.6M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	787.41	+0.113%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	787.00	+0.062%	$4.1M	$4.6M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	786.48	−0.005%	$4.1M	$74.3M	30x	as long as short
ApeX Omni BNBUSDTshort	+0.0100%	1h	786.20	−0.041%	$158K	$441K	50x
Polymarket Perps BNB-USD	+0.0100%	1h	787.24	+0.092%	$132K	$956K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	786.83	+0.040%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	787.11	+0.075%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	786.80	+0.036%	$387K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	785.98	−0.069%	$8.1M	$9.7M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	787.52	+0.128%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	786.90	+0.048%	$1.8M	$6.3M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	786.77	+0.031%	$378K	$110K	10x	as long as short
BloFin BNB-USDT	+0.0161%	8h	787.40	+0.112%	$17.7M	$2.2M	75x	as long as short
GRVT BNB_USDT_Perp	+0.0179%	8h	786.55	+0.004%	$2.9M	$28.8M	10x	as long as short
Bulk BNB-USD	+0.0201%	1h	787.88	+0.173%	$639K	$10K	10x	as long as short
01 Exchange BNBUSD	+0.0240%	1h	788.02	+0.191%	$28K	$4K	10x	as long as short
Reya BNBRUSDPERP	+0.0324%	1h	787.09	+0.072%	$6K	$3K	40x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0400%	1h	787.22	+0.089%	$1.5M	$143K	25x	as long as short
RISEx BNB/USDC	+0.0431%	1h	787.55	+0.131%	$1.1M	$907K	20x	as long as short
Hibachi BNB/USDT-P	+0.0432%	1h	786.01	−0.064%	$67K	$39K	12x	as long as short