Funding you earn now, next payment 07:00 UTC+0.0093%/8h= +10.1% APRnext payment +$0.12 per $10,000 · paid last 24h +0.033%
Price spread now: Arcus against gTrade (Gains Network)+0.098%46s7-day average +0.089% · 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—prices read too far apart to compare
costs, in and out, $10k−$2882.879% of the position
Funding, last 3 days (all we have)+0.144%+$14 on $10k
+Price spread, last 4 days (all we have)−0.144%−$14 · spread now +0.098%, 7d avg +0.089%
=The price spread sits at its 7-day average of +0.089%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) BNB/USD | 786.93 | L +0.0007% / S −0.0007% | pay 0.0001% / 1h | 27m 27s | $9.5M | — | 150x |
| Short | Arcus BNB-USD | 787.70 | 0.0100 | get 0.0013% / 1h | 27m 27s | $52K | $129K | 10x |
gTrade (Gains Network) BNB/USD
Arcus BNB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $19.43
- Price spread: +0.098% → +0.089%
- $0.93
- Slippage, 4 orders
- −$273.37
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$267.51
- Costs to cover
- 2.879%
- Break-even
- 103.4 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 2 min ago; Arcus: live order book, 16 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), 2 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 Arcus live order book, 16 min ago | 2.54 bp | 10.4 bp −$10 | 21.7 bp −$217 | 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 −0.0170% / S +0.0337% | 1h | 786.96 | +0.005% | $43K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 787.74 | +0.103% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 787.56 | +0.081% | $849K | $2.8M | 30x | as long as short |
| gTrade (Gains Network) BNB/USDlong | L +0.0007% / S −0.0007% | 1h | 786.93 | long leg | $9.5M | — | 150x | |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.308% | $19K | $789K | 30x | as long as short |
| BingX BNB-USDT | +0.0051% | 8h | 787.74 | +0.103% | — | $22.3M | — | as long as short |
| Aster BNBUSDT | +0.0051% | 8h | 788.22 | +0.164% | $6.1M | $18.8M | 200x | as long as short |
| Binance BNBUSDT | +0.0065% | 8h | 788.13 | +0.153% | $490.8M | $816.7M | 75x | as long as short |
| MEXC BNB_USDT | +0.0065% | 8h | 788.90 | +0.251% | $81.2M | $12.0M | 200x | as long as short |
| dYdX BNB-USD | +0.0074% | 1h | 787.26 | +0.042% | $160K | $62K | 10x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
StandX BNB-USD
Injective BNB/USDC PERP
BingX BNB-USDT
Aster BNBUSDT
Binance BNBUSDT
MEXC BNB_USDT
dYdX BNB-USDShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex BNBUSDT | +0.0078% | 8h | 787.54 | +0.078% | $68.9M | $51.0M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0080% | 1h | 787.67 | +0.095% | $569K | $1.9M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 787.77 | +0.108% | $2.7M | $3.8M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 787.50 | +0.073% | $1.4M | $2.7M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 788.17 | +0.158% | $51.6M | $17.7M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 787.79 | +0.109% | $1.2M | $933K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 787.44 | +0.065% | $138.6M | $75.2M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 787.40 | +0.060% | $53.5M | $113.2M | 50x | as long as short |
| Arcus BNB-USDshort | +0.0100% | 1h | 787.70 | +0.098% | $52K | $129K | 10x | |
| Gate BNB_USDT | +0.0100% | 8h | 787.70 | +0.098% | $37.5M | $59.1M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 787.33 | +0.051% | $27.7M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 787.42 | +0.063% | $76.2M | $31.2M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 787.49 | +0.072% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 786.11 | −0.103% | $4.0M | $4.8M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 787.78 | +0.109% | $4.1M | $76.1M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 788.02 | +0.139% | $159K | $437K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 787.51 | +0.074% | $132K | $951K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 786.98 | +0.007% | $265K | $470K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 786.03 | −0.114% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 787.59 | +0.084% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 787.10 | +0.022% | $387K | $982K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 787.33 | +0.051% | $8.0M | $10.2M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0101% | 8h | 788.16 | +0.157% | $78K | $18K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 787.21 | +0.036% | $1.8M | $6.1M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 787.01 | +0.011% | $378K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0135% | 1h | 787.67 | +0.095% | $169K | $35K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0138% | 8h | 787.40 | +0.060% | $170K | $2.7M | 4.8x | as long as short |
| BloFin BNB-USDT | +0.0185% | 8h | 787.65 | +0.092% | $17.8M | $2.2M | 75x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 787.41 | +0.062% | $1.5M | $145K | 25x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0206% | 1h | 786.91 | −0.002% | $2.5M | $1.2M | 50x | as long as short |
| GRVT BNB_USDT_Perp | +0.0229% | 8h | 787.15 | +0.028% | $2.9M | $29.4M | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0248% | 1h | 788.12 | +0.152% | $28K | $4K | 10x | as long as short |
| Bulk BNB-USD | +0.0291% | 1h | 787.29 | +0.047% | $638K | $4K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0322% | 1h | 786.91 | −0.002% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0438% | 1h | 787.87 | +0.119% | $1.1M | $915K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0520% | 1h | 787.21 | +0.036% | $67K | $39K | 12x | as long as short |
Phemex BNBUSDT
Coinbase International BNB-PERP-INTX
Lighter BNB
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
Kalshi KXBNBPERP
BloFin BNB-USDT
Deribit BNB_USDC-PERPETUAL
Kraken Futures PF_BNBUSD
GRVT BNB_USDT_Perp
01 Exchange BNBUSD
Bulk BNB-USD
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P