BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0363%/8h= −39.8% APRnext payment −$0.45 per $10,000 · paid last 24h −0.089%

Price spread now: GMX against gTrade (Gains Network)−0.021%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on GMX

What this pair did over the last

the charts below follow

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

Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and GMX is 0.021% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) BNB/USD	786.68	L +0.0007% / S −0.0007%	pay 0.0001% / 1h	47m 17s	$9.5M	—	150x
Short	GMX BNB/USD [WBTC.b-USDC]	786.52	L −0.0192% / S +0.0356%	pay 0.0044% / 1h	47m 17s	$46K	—	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee GMXbpOrdersPrice spread, now −0.021%Rate

Funding earned: −$76.26
Price spread: −0.021% → 0.000%: −$2.1
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: −$100.36
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 2 min ago; GMX: 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), 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 GMX no order-book sample	—	—	—	—	—

GMX: 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]short	L −0.0192% / S +0.0356%	1h	786.52	−0.021%	$46K	—	200x
Hotstuff BNB-PERP	−0.0080%	1h	787.47	+0.100%	$4K	$42	25x	as long as short
StandX BNB-USD	0.0000%	1h	788.51	+0.232%	$850K	$3.1M	30x	as long as short
gTrade (Gains Network) BNB/USDlong	L +0.0007% / S −0.0007%	1h	786.68	long leg	$9.5M	—	150x
Aster BNBUSDT	+0.0029%	8h	787.12	+0.055%	$6.1M	$18.9M	200x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.340%	$19K	$789K	30x	as long as short
BingX BNB-USDC	+0.0037%	8h	786.77	+0.011%	—	$13.4M	—	as long as short
MEXC BNB_USDT	+0.0051%	8h	787.40	+0.091%	$79.8M	$11.8M	200x	as long as short
Binance BNBUSDT	+0.0052%	8h	787.08	+0.050%	$490.3M	$804.3M	75x	as long as short
Phemex BNBUSDT	+0.0053%	8h	787.17	+0.062%	$68.9M	$50.7M	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_BNBUSD	+0.0069%	1h	786.55	−0.017%	$2.5M	$1.2M	50x	as long as short
dYdX BNB-USD	+0.0071%	1h	787.77	+0.137%	$159K	$61K	10x	as long as short
Coinbase International BNB-PERP-INTX	+0.0080%	1h	787.46	+0.099%	$578K	$1.9M	50x	as long as short
Lighter BNB	+0.0096%	1h	786.70	+0.002%	$2.7M	$3.8M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	786.59	−0.012%	$265K	$490K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	786.75	+0.008%	$1.4M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	787.27	+0.074%	$51.6M	$17.4M	10x	as long as short
Pacifica BNB	+0.0100%	1h	787.37	+0.087%	$1.2M	$933K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	786.50	−0.024%	$138.2M	$74.2M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	786.40	−0.036%	$53.4M	$111.7M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	787.20	+0.065%	$52K	$129K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	786.75	+0.008%	$36.1M	$57.9M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	786.37	−0.040%	$27.5M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	786.23	−0.058%	$76.1M	$30.7M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	787.72	+0.132%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	787.11	+0.054%	$4.1M	$4.6M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	787.78	+0.139%	$4.1M	$74.7M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	787.86	+0.149%	$159K	$439K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	786.72	+0.004%	$131K	$953K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	786.78	+0.012%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	787.53	+0.107%	$12K	$1.5M	50x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0100%	1h	787.02	+0.043%	$1.5M	$143K	25x	as long as short
HTX BNB-USDT	+0.0100%	8h	786.65	−0.005%	$8.1M	$9.8M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	787.34	+0.083%	$76K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	786.34	−0.044%	$1.8M	$6.3M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	786.72	+0.005%	$378K	$110K	10x	as long as short
Phoenix BNB	+0.0107%	1h	787.34	+0.083%	$169K	$35K	10x	as long as short
SoDEX BNB-USD	+0.0107%	1h	786.80	+0.015%	$387K	$997K	10x	as long as short
Kalshi KXBNBPERP	+0.0137%	8h	787.40	+0.091%	$122K	$2.7M	4.8x	as long as short
BloFin BNB-USDT	+0.0172%	8h	787.12	+0.055%	$17.7M	$2.2M	75x	as long as short
GRVT BNB_USDT_Perp	+0.0198%	8h	788.06	+0.174%	$2.9M	$29.2M	10x	as long as short
Bulk BNB-USD	+0.0260%	1h	788.17	+0.189%	$639K	$10K	10x	as long as short
01 Exchange BNBUSD	+0.0312%	1h	787.48	+0.101%	$28K	$4K	10x	as long as short
Reya BNBRUSDPERP	+0.0324%	1h	786.60	−0.010%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0432%	1h	787.29	+0.077%	$1.1M	$908K	20x	as long as short
Hibachi BNB/USDT-P	+0.0456%	1h	787.92	+0.157%	$67K	$39K	12x	as long as short