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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0093%/8h= +10.1% APRpaid last 24h +0.028%
Price spread now: Bitget against gTrade (Gains Network)−0.045%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$285as in the Price arb table
costs, in and out, $10k−$2832.829% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.086%+$9 on $10k
Price spread, last 7 days−0.002%$0 · spread now −0.045%, 7d avg −0.026%
Together, before fees+0.084%+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.026%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) BNB/USD787.77L +0.0007% / S −0.0007%pay 0.0001% / 1h23m 18s$9.5M150x
ShortBitget BNBUSDT787.420.0100get 0.0100% / 8h3h 23m$76.2M$30.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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

Funding earned
$19.43
Price spread: −0.045% → −0.026%
−$1.95
Slippage, 4 orders
−$260.94
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$265.46
Costs to cover
2.829%
Break-even
102.6 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 1 min ago; Bitget: live order book, 6 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 gTrade (Gains Network) virtual book (oracle venue), 1 min ago130.01 bp135.0 bp −$135135.0 bp −$1,350416.8 bp −$41.7K2253.7 bp −$1.13M
Sell Bitget live order book, 6 min ago0.06 bp6.6 bp −$79.6 bp −$9616.6 bp −$1,665doesn't fit

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 −0.0192% / S +0.0356%1h787.81+0.004%$46K200xas long as short
Kraken Futures PF_BNBUSD−0.0124%1h787.67−0.013%$2.5M$1.2M50xas long as short
Hotstuff BNB-PERP−0.0080%1h788.00+0.029%$4K$4225xas long as short
Kalshi KXBNBPERP0.0000%8h788.30+0.067%$126K$2.7M4.8xas long as short
StandX BNB-USD0.0000%1h788.53+0.096%$850K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDlongL +0.0007% / S −0.0007%1h787.77long leg$9.5M150x
Aster BNBUSDT+0.0025%8h788.32+0.069%$6.1M$18.7M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.198%$19K$789K30xas long as short
BingX BNB-USDT+0.0040%8h787.90+0.016%$22.3Mas long as short
Binance BNBUSDT+0.0044%8h788.36+0.074%$491.5M$798.1M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BNB_USDT+0.0044%8h788.80+0.130%$80.0M$12.0M200xas long as short
Phemex BNBUSDT+0.0045%8h788.31+0.068%$69.0M$50.6M50xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h787.43−0.044%$581K$1.9M50xas long as short
Phoenix BNB+0.0092%1h788.22+0.056%$169K$35K10xas long as short
dYdX BNB-USD+0.0095%1h787.88+0.013%$159K$64K10xas long as short
Lighter BNB+0.0096%1h787.99+0.027%$2.7M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.86+0.011%$265K$492K50xas long as short
Nado BNB-PERP+0.0100%1h787.60−0.022%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h788.40+0.079%$51.7M$17.4M10xas long as short
Pacifica BNB+0.0100%1h788.09+0.040%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h787.70−0.010%$138.6M$73.8M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h787.60−0.022%$53.5M$111.5M50xas long as short
Arcus BNB-USD+0.0100%1h788.00+0.029%$52K$133K10xas long as short
Gate BNB_USDT+0.0100%8h787.70−0.010%$35.9M$57.7M75xas long as short
KuCoin BNBUSDTM+0.0100%8h787.43−0.044%$27.6M$10.3M75xas long as short
Bitget BNBUSDTshort+0.0100%8h787.42−0.045%$76.2M$30.5M75x
Backpack BNB_USDC_PERP+0.0100%1h788.23+0.058%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h787.50−0.034%$4.1M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h788.21+0.056%$4.1M$73.8M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h788.40+0.079%$159K$442K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h787.66−0.015%$130K$951K10xas long as short
Derive BNB-PERP+0.0100%1h787.87+0.012%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h788.33+0.071%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h788.00+0.029%$387K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h787.93+0.020%$8.1M$9.6M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h788.15+0.048%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h787.43−0.044%$1.9M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h787.83+0.007%$378K$110K10xas long as short
BloFin BNB-USDT+0.0164%8h788.37+0.076%$17.7M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0174%8h788.49+0.090%$2.9M$28.7M10xas long as short
Bulk BNB-USD+0.0193%1h788.28+0.065%$638K$10K10xas long as short
01 Exchange BNBUSD+0.0240%1h788.31+0.068%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h788.26+0.061%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0324%1h787.49−0.036%$6K$3K40xas long as short
Hibachi BNB/USDT-P+0.0408%1h788.11+0.042%$68K$39K12xas long as short
RISEx BNB/USDC+0.0431%1h788.13+0.044%$1.1M$893K20xas long as short