BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0312%/8h= +34.2% APRnext payment +$0.39 per $10,000 · paid last 24h +0.095%

Price spread now: Reya against gTrade (Gains Network)−0.047%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 Reya

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—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.047% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.047% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 12 hours of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) BNB/USD	784.34	L +0.0007% / S −0.0007%	pay 0.0001% / 1h	2m 39s	$9.5M	—	150x
Short	Reya BNBRUSDPERP	783.98	0.0320	get 0.0040% / 1h	2m 39s	$6K	$3K	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now −0.047%Rate

Funding earned: $65.6
Price spread: −0.047% → 0.000%: −$4.69
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: $44.92
Costs to cover: 0.160%
Break-even: 2.2 days

Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 1 min ago; Reya: 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	130.00 bp	135.0 bp −$135	135.0 bp −$1,350	416.8 bp −$41.7K	2253.7 bp −$1.13M
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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 −0.0168% / S +0.0337%	1h	784.28	−0.008%	$43K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	784.84	+0.063%	$4K	$42	25x	as long as short
Kraken Futures PF_BNBUSD	−0.0050%	1h	784.34	−0.001%	$2.5M	$1.2M	50x	as long as short
StandX BNB-USD	0.0000%	1h	785.58	+0.158%	$847K	$2.7M	30x	as long as short
gTrade (Gains Network) BNB/USDlong	L +0.0007% / S −0.0007%	1h	784.34	long leg	$9.5M	—	150x
Aster BNBUSDT	+0.0030%	8h	784.98	+0.081%	$5.9M	$18.6M	200x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.645%	$19K	$789K	30x	as long as short
BingX BNB-USDC	+0.0038%	8h	784.85	+0.065%	—	$13.4M	—	as long as short
Binance BNBUSDT	+0.0046%	8h	784.93	+0.075%	$488.1M	$813.3M	75x	as long as short
MEXC BNB_USDT	+0.0047%	8h	785.70	+0.173%	$81.1M	$12.1M	200x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex BNBUSDT	+0.0082%	8h	785.10	+0.097%	$68.5M	$51.1M	50x	as long as short
Lighter BNB	+0.0096%	1h	784.59	+0.032%	$2.7M	$3.8M	20x	as long as short
Phoenix BNB	+0.0100%	1h	785.57	+0.156%	$158K	$35K	10x	as long as short
Nado BNB-PERP	+0.0100%	1h	784.30	−0.005%	$1.3M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	785.02	+0.086%	$51.5M	$17.6M	10x	as long as short
Pacifica BNB	+0.0100%	1h	784.70	+0.046%	$1.2M	$937K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	784.30	−0.005%	$138.0M	$73.7M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	784.30	−0.005%	$53.3M	$111.4M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	784.60	+0.033%	$52K	$125K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	784.45	+0.014%	$38.6M	$58.9M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	784.13	−0.027%	$27.6M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	783.99	−0.045%	$75.2M	$32.6M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	784.87	+0.067%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	784.74	+0.051%	$4.0M	$4.7M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	785.11	+0.098%	$4.1M	$76.6M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	785.13	+0.100%	$158K	$439K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	784.22	−0.016%	$131K	$942K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	784.29	−0.007%	$264K	$369K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	784.73	+0.049%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	784.79	+0.057%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	784.40	+0.007%	$386K	$958K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	784.85	+0.065%	$8.0M	$10.3M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	784.96	+0.079%	$78K	$17K	50x	as long as short
Kalshi KXBNBPERP	+0.0103%	8h	785.00	+0.084%	$170K	$2.6M	4.8x	as long as short
Extended BNB-USD	+0.0104%	1h	784.01	−0.042%	$1.8M	$5.8M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	784.28	−0.007%	$377K	$110K	10x	as long as short
Coinbase International BNB-PERP-INTX	+0.0104%	1h	785.15	+0.103%	$544K	$1.9M	50x	as long as short
dYdX BNB-USD	+0.0127%	1h	784.34	0.000%	$159K	$62K	10x	as long as short
BloFin BNB-USDT	+0.0167%	8h	784.80	+0.058%	$17.7M	$2.2M	75x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	784.75	+0.052%	$1.5M	$141K	25x	as long as short
GRVT BNB_USDT_Perp	+0.0215%	8h	785.41	+0.136%	$2.9M	$27.7M	10x	as long as short
Bulk BNB-USD	+0.0237%	1h	785.14	+0.102%	$636K	$831	10x	as long as short
01 Exchange BNBUSD	+0.0248%	1h	784.97	+0.080%	$28K	$4K	10x	as long as short
Reya BNBRUSDPERPshort	+0.0320%	1h	783.98	−0.047%	$6K	$3K	40x
RISEx BNB/USDC	+0.0350%	1h	784.72	+0.048%	$1.1M	$921K	20x	as long as short
Hibachi BNB/USDT-P	+0.0440%	1h	784.87	+0.067%	$67K	$39K	12x	as long as short