Funding you earn now, next payment 08:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.112%
Price spread now: dYdX against gTrade (Gains Network)+0.084%7-day average −0.004% · 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−$301as in the Price arb table
costs, in and out, $10k−$3103.098% of the position
Funding, last 3 days (all we have)+0.431%+$43 on $10k
+Price spread, last 4 days (all we have)−0.240%−$24 · spread now +0.084%, 7d avg −0.004%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and dYdX is 0.089% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) BNB/USD | 785.98 | L +0.0007% / S −0.0007% | pay 0.0001% / 1h | 56m 06s | $9.5M | — | 150x |
| Short | dYdX BNB-USD | 786.64 | 0.0091 | get 0.0011% / 1h | 56m 06s | $159K | $62K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- $17.61
- Price spread: +0.084% → −0.004%
- $8.88
- Slippage, 4 orders
- −$289.82
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$283.33
- Costs to cover
- 3.098%
- Break-even
- 119.6 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 3 min ago; dYdX: live order book, 48 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 dYdX live order book, 48 min ago | 11.56 bp | 18.7 bp −$19 | 55.1 bp −$551 | 88.3 bp −$8,826 | 265.8 bp −$132.9K |
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 | 785.88 | −0.012% | $43K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 786.61 | +0.080% | $4K | $42 | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0050% | 1h | 785.98 | 0.000% | $2.5M | $1.2M | 50x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 786.96 | +0.125% | $849K | $2.7M | 30x | as long as short |
| gTrade (Gains Network) BNB/USDlong | L +0.0007% / S −0.0007% | 1h | 785.98 | long leg | $9.5M | — | 150x | |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.431% | $19K | $789K | 30x | as long as short |
| BingX BNB-USDT | +0.0046% | 8h | 786.23 | +0.032% | — | $22.4M | — | as long as short |
| Aster BNBUSDT | +0.0048% | 8h | 786.62 | +0.082% | $6.1M | $18.8M | 200x | as long as short |
| MEXC BNB_USDT | +0.0056% | 8h | 787.30 | +0.168% | $81.1M | $11.9M | 200x | as long as short |
| Binance BNBUSDT | +0.0057% | 8h | 786.66 | +0.087% | $488.9M | $821.2M | 75x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex BNBUSDT | +0.0076% | 8h | 786.63 | +0.083% | $68.7M | $51.4M | 50x | as long as short |
| dYdX BNB-USDshort | +0.0091% | 1h | 786.64 | +0.084% | $159K | $62K | 10x | |
| Lighter BNB | +0.0096% | 1h | 786.18 | +0.026% | $2.7M | $3.8M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 786.05 | +0.009% | $1.4M | $2.7M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 786.82 | +0.107% | $51.5M | $17.7M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 786.50 | +0.066% | $1.2M | $934K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 786.00 | +0.003% | $138.3M | $75.0M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 785.90 | −0.010% | $53.5M | $113.1M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 786.40 | +0.054% | $52K | $129K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 786.25 | +0.034% | $38.0M | $57.4M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 786.10 | +0.015% | $27.7M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 785.89 | −0.011% | $76.7M | $31.6M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 786.56 | +0.074% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 785.91 | −0.008% | $4.0M | $4.8M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 786.97 | +0.126% | $4.1M | $76.1M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 786.93 | +0.121% | $158K | $438K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 785.99 | +0.001% | $131K | $953K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 786.02 | +0.005% | $264K | $449K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 786.35 | +0.047% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 786.58 | +0.076% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 786.20 | +0.028% | $387K | $976K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 786.09 | +0.014% | $8.0M | $10.3M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 786.81 | +0.106% | $78K | $18K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 785.63 | −0.045% | $1.8M | $5.9M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 786.05 | +0.009% | $378K | $110K | 10x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0104% | 1h | 787.43 | +0.185% | $564K | $1.9M | 50x | as long as short |
| Kalshi KXBNBPERP | +0.0118% | 8h | 786.70 | +0.092% | $171K | $2.7M | 4.8x | as long as short |
| Phoenix BNB | +0.0135% | 1h | 786.82 | +0.107% | $169K | $35K | 10x | as long as short |
| BloFin BNB-USDT | +0.0177% | 8h | 787.02 | +0.132% | $17.7M | $2.2M | 75x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 786.43 | +0.057% | $1.5M | $145K | 25x | as long as short |
| GRVT BNB_USDT_Perp | +0.0226% | 8h | 787.06 | +0.137% | $2.9M | $28.6M | 10x | as long as short |
| Bulk BNB-USD | +0.0230% | 1h | 786.88 | +0.115% | $638K | $831 | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0280% | 1h | 786.66 | +0.087% | $28K | $4K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0321% | 1h | 785.70 | −0.036% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0350% | 1h | 786.37 | +0.050% | $1.1M | $920K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0456% | 1h | 786.47 | +0.062% | $67K | $39K | 12x | as long as short |
gTrade (Gains Network) BNB/USD
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
StandX BNB-USD
Injective BNB/USDC PERP
BingX BNB-USDT
Aster BNBUSDT
MEXC BNB_USDT
Binance BNBUSDT
Phemex BNBUSDT
Lighter 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
Kalshi KXBNBPERP
Phoenix BNB
BloFin BNB-USDT
Deribit BNB_USDC-PERPETUAL
GRVT BNB_USDT_Perp
Bulk BNB-USD
01 Exchange BNBUSD
RISEx BNB/USDC