Funding you earn now, next payment 06:00 UTC+0.0093%/8h= +10.1% APRnext payment +$0.12 per $10,000 · paid last 24h +0.026%
Price spread now: Derive against gTrade (Gains Network)0.000%55s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 55 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 | 787.50 | L +0.0007% / S −0.0007% | pay 0.0001% / 1h | 48m 25s | $9.5M | — | 150x |
| Short | Derive BNB-PERP | 787.50 | 0.0100 | get 0.0013% / 1h | 48m 25s | $31K | $12K | 10x |
gTrade (Gains Network) BNB/USD
Derive BNB-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Derive 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: 0.000% → 0.000%
- −$0.01
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- $3.42
- Costs to cover
- 0.160%
- Break-even
- 5.8 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 1 min ago; Derive: no order-book sample. Net counts fees only.
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), 1 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 Derive no order-book sample | — | — | — | — | — |
Derive: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 787.49 | −0.002% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 787.53 | +0.004% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 788.28 | +0.099% | $850K | $3.1M | 30x | as long as short |
| gTrade (Gains Network) BNB/USDlong | L +0.0007% / S −0.0007% | 1h | 787.50 | long leg | $9.5M | — | 150x | |
| Aster BNBUSDT | +0.0029% | 8h | 788.23 | +0.093% | $6.1M | $19.0M | 200x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.234% | $19K | $789K | 30x | as long as short |
| BingX BNB-USDT | +0.0039% | 8h | 787.84 | +0.043% | — | $22.1M | — | as long as short |
| MEXC BNB_USDT | +0.0051% | 8h | 788.50 | +0.127% | $79.9M | $11.8M | 200x | as long as short |
| Binance BNBUSDT | +0.0051% | 8h | 788.21 | +0.090% | $491.0M | $804.2M | 75x | as long as short |
| Phemex BNBUSDT | +0.0053% | 8h | 787.86 | +0.046% | $68.9M | $50.7M | 50x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
StandX BNB-USD
Aster BNBUSDT
Injective BNB/USDC PERP
BingX BNB-USDT
MEXC BNB_USDT
Binance BNBUSDT
Phemex BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BNBUSD | +0.0069% | 1h | 787.29 | −0.027% | $2.5M | $1.2M | 50x | as long as short |
| dYdX BNB-USD | +0.0077% | 1h | 787.06 | −0.056% | $159K | $61K | 10x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0080% | 1h | 787.46 | −0.005% | $578K | $1.9M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 787.61 | +0.014% | $2.7M | $3.8M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 787.33 | −0.022% | $265K | $490K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 787.65 | +0.019% | $1.4M | $2.7M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 788.06 | +0.071% | $51.7M | $17.4M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 787.74 | +0.031% | $1.2M | $933K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 787.50 | 0.000% | $138.3M | $74.2M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 787.60 | +0.013% | $53.5M | $111.9M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 787.90 | +0.051% | $52K | $129K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 787.60 | +0.013% | $36.2M | $57.9M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 787.50 | 0.000% | $27.6M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 787.33 | −0.022% | $76.2M | $30.7M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 787.69 | +0.024% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 787.11 | −0.049% | $4.1M | $4.6M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 787.81 | +0.040% | $4.1M | $74.6M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 787.86 | +0.046% | $159K | $439K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 787.57 | +0.009% | $132K | $953K | 10x | as long as short |
| Derive BNB-PERPshort | +0.0100% | 1h | 787.50 | 0.000% | $31K | $12K | 10x | |
| SunX BNB-USDT | +0.0100% | 8h | 787.93 | +0.055% | $12K | $1.5M | 50x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 787.13 | −0.046% | $8.1M | $9.8M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 787.84 | +0.043% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 787.34 | −0.021% | $1.8M | $6.3M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 787.37 | −0.017% | $378K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0107% | 1h | 787.34 | −0.020% | $169K | $35K | 10x | as long as short |
| SoDEX BNB-USD | +0.0119% | 1h | 787.50 | 0.000% | $387K | $997K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0131% | 8h | 787.70 | +0.025% | $122K | $2.7M | 4.8x | as long as short |
| BloFin BNB-USDT | +0.0171% | 8h | 787.95 | +0.057% | $17.7M | $2.2M | 75x | as long as short |
| GRVT BNB_USDT_Perp | +0.0198% | 8h | 788.06 | +0.071% | $2.9M | $29.2M | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 787.78 | +0.035% | $1.5M | $143K | 25x | as long as short |
| Bulk BNB-USD | +0.0260% | 1h | 788.17 | +0.085% | $639K | $10K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0312% | 1h | 788.36 | +0.109% | $28K | $4K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0324% | 1h | 787.30 | −0.025% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0432% | 1h | 788.01 | +0.065% | $1.1M | $908K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0448% | 1h | 787.74 | +0.030% | $67K | $39K | 12x | as long as short |
Kraken Futures PF_BNBUSD
dYdX BNB-USD
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
SunX BNB-USDT
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
SoDEX BNB-USD
Kalshi KXBNBPERP
BloFin BNB-USDT
GRVT BNB_USDT_Perp
Deribit BNB_USDC-PERPETUAL
Bulk BNB-USD
01 Exchange BNBUSD
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P