Funding you earn now, next payment 08:00 UTC+0.0161%/8h= +17.6% APRpaid last 24h +0.066%
Price spread now: BloFin against gTrade (Gains Network)+0.075%7-day average +0.090% · 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−$284as in the Price arb table
costs, in and out, $10k−$2822.823% of the position
Funding, last 3 days (all we have)+0.187%+$19 on $10k
+Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.075%, 7d avg +0.090%
=The price spread sits at its 7-day average of +0.090%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) BNB/USD | 784.92 | L +0.0007% / S −0.0007% | pay 0.0001% / 1h | 10m 50s | $9.5M | — | 150x |
| Short | BloFin BNB-USDT | 785.51 | 0.0169 | get 0.0169% / 8h | 10m 50s | $17.7M | $2.2M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $33.82
- Price spread: +0.075% → +0.090%
- −$1.59
- Slippage, 4 orders
- −$260.28
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$250.04
- Costs to cover
- 2.823%
- Break-even
- 58.7 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 3 min ago; BloFin: live order book, 3 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 BloFin live order book, 3 min ago | 0.13 bp | 6.1 bp −$6 | 7.2 bp −$72 | 13.5 bp −$1,347 | 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 −0.0168% / S +0.0337% | 1h | 784.88 | −0.006% | $43K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 785.33 | +0.052% | $4K | $42 | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0050% | 1h | 784.96 | +0.004% | $2.5M | $1.2M | 50x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 785.60 | +0.086% | $171K | $2.7M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 785.87 | +0.120% | $847K | $2.7M | 30x | as long as short |
| gTrade (Gains Network) BNB/USDlong | L +0.0007% / S −0.0007% | 1h | 784.92 | long leg | $9.5M | — | 150x | |
| Aster BNBUSDT | +0.0033% | 8h | 785.51 | +0.074% | $6.0M | $18.7M | 200x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.569% | $19K | $789K | 30x | as long as short |
| BingX BNB-USDT | +0.0038% | 8h | 785.05 | +0.016% | — | $22.1M | — | as long as short |
| MEXC BNB_USDT | +0.0048% | 8h | 786.10 | +0.150% | $80.9M | $12.0M | 200x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNBUSDT | +0.0049% | 8h | 785.45 | +0.067% | $488.3M | $814.0M | 75x | as long as short |
| Phemex BNBUSDT | +0.0076% | 8h | 785.54 | +0.078% | $68.6M | $51.0M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 785.07 | +0.019% | $2.7M | $3.8M | 20x | as long as short |
| Phoenix BNB | +0.0100% | 1h | 785.66 | +0.094% | $158K | $35K | 10x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 784.65 | −0.035% | $1.4M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 785.45 | +0.067% | $51.5M | $17.7M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 785.12 | +0.025% | $1.2M | $938K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 784.73 | −0.025% | $138.1M | $73.8M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 784.70 | −0.029% | $53.4M | $111.7M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 785.10 | +0.022% | $52K | $125K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 784.85 | −0.010% | $38.4M | $58.7M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 784.62 | −0.039% | $27.6M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 784.52 | −0.052% | $75.3M | $32.5M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 785.34 | +0.053% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 784.65 | −0.035% | $4.0M | $4.7M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 785.04 | +0.015% | $4.1M | $76.7M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 785.82 | +0.114% | $158K | $437K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 784.80 | −0.016% | $131K | $942K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 784.90 | −0.003% | $264K | $388K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 785.14 | +0.027% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 785.39 | +0.059% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 785.00 | +0.010% | $386K | $962K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 785.37 | +0.057% | $8.0M | $10.3M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 785.46 | +0.068% | $78K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 784.56 | −0.046% | $1.8M | $5.8M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 784.90 | −0.004% | $377K | $110K | 10x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0104% | 1h | 785.03 | +0.013% | $545K | $1.9M | 50x | as long as short |
| dYdX BNB-USD | +0.0121% | 1h | 784.99 | +0.008% | $159K | $62K | 10x | as long as short |
| BloFin BNB-USDTshort | +0.0169% | 8h | 785.51 | +0.075% | $17.7M | $2.2M | 75x | |
| GRVT BNB_USDT_Perp | +0.0216% | 8h | 785.88 | +0.122% | $2.9M | $27.9M | 10x | as long as short |
| Bulk BNB-USD | +0.0231% | 1h | 784.93 | +0.001% | $636K | $831 | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0248% | 1h | 785.57 | +0.082% | $28K | $4K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 785.35 | +0.054% | $1.5M | $141K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0320% | 1h | 784.63 | −0.038% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0350% | 1h | 785.21 | +0.036% | $1.1M | $902K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0448% | 1h | 785.37 | +0.057% | $67K | $39K | 12x | as long as short |
gTrade (Gains Network) BNB/USD
BloFin BNB-USDT
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Kalshi KXBNBPERP
StandX BNB-USD
Aster BNBUSDT
Injective BNB/USDC PERP
BingX BNB-USDT
MEXC BNB_USDT
Binance BNBUSDT
Phemex BNBUSDT
Lighter BNB
Phoenix BNB
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
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Coinbase International BNB-PERP-INTX
GRVT BNB_USDT_Perp
Bulk BNB-USD
01 Exchange BNBUSD
Deribit BNB_USDC-PERPETUAL
RISEx BNB/USDC