Settings8H · net · $10k
Funding arb · Price arb /

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0174%/8h= +19.0% APRnext payment +$0.22 per $10,000 · paid last 24h +0.040%
Price spread now: gTrade (Gains Network) against GMX+0.019%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds 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: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX BNB/USD [WBTC.b-USDC]789.52L −0.0167% / S +0.0335%get 0.0021% / 1h27m 44s$46K200x
ShortgTrade (Gains Network) BNB/USD789.67L +0.0008% / S −0.0007%get 0.0001% / 1h27m 44s$9.6M150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against GMX. 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

Funding earned
$36.46
Price spread: +0.019% → 0.000%
$1.93
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
$16.39
Costs to cover
0.220%
Break-even
3.9 days
Slippage unknown: GMX: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell gTrade (Gains Network) virtual book (oracle venue), 1 min ago130.01 bp135.0 bp −$135135.0 bp −$1,350484.2 bp −$48.4K3301.4 bp −$1.65M
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]longL −0.0167% / S +0.0335%1h789.52long leg$46K200x
Hotstuff BNB-PERP−0.0080%1h790.27+0.095%$4K$23925xas long as short
StandX BNB-USD0.0000%1h791.34+0.231%$855K$3.2M30xas long as short
gTrade (Gains Network) BNB/USDshortL +0.0008% / S −0.0007%1h789.67+0.019%$9.6M150x
Injective BNB/USDC PERP+0.0033%1h805.09+1.972%$19K$789K30xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h789.79+0.034%$617K$1.8M50xas long as short
Aster BNBUSDT+0.0049%8h790.28+0.097%$6.3M$18.7M200xas long as short
BingX BNB-USDT+0.0059%8h789.78+0.033%$34.3Mas long as short
MEXC BNB_USDT+0.0076%8h790.70+0.150%$80.3M$12.4M200xas long as short
Phemex BNBUSDT+0.0076%8h790.31+0.100%$69.2M$51.1M50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0076%8h790.23+0.090%$494.0M$803.9M75xas long as short
Kraken Futures PF_BNBUSD+0.0091%1h789.57+0.007%$2.5M$1.2M50xas long as short
Variational Omni BNB+0.0096%8h790.49+0.123%$4.1M$4.6Mas long as short
Lighter BNB+0.0096%1h789.85+0.042%$2.8M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h789.56+0.005%$266K$498K50xas long as short
Nado BNB-PERP+0.0100%1h789.50−0.002%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h790.31+0.100%$51.8M$18.1M10xas long as short
Pacifica BNB+0.0100%1h790.15+0.080%$1.2M$908K20xas long as short
Bybit BNBUSDT+0.0100%8h789.53+0.002%$138.9M$77.3M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h789.50−0.002%$53.5M$112.1M50xas long as short
Arcus BNB-USD+0.0100%1h790.00+0.061%$52K$130K10xas long as short
Gate BNB_USDT+0.0100%8h789.50−0.002%$35.3M$57.0M75xas long as short
KuCoin BNBUSDTM+0.0100%8h789.39−0.016%$27.7M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h789.25−0.034%$76.9M$30.1M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h789.90+0.048%$2.2M$6.1M40xas long as short
edgeX BNBUSDC+0.0100%4h790.40+0.111%$4.1M$76.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h791.27+0.222%$159K$440K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h789.51−0.001%$135K$948K10xas long as short
Derive BNB-PERP+0.0100%1h789.76+0.031%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h790.35+0.105%$12K$1.6M50xas long as short
HTX BNB-USDT+0.0100%8h789.88+0.046%$8.1M$9.1M75xas long as short
Paradex BNB-USD-PERP+0.0103%8h790.58+0.134%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h789.34−0.023%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h789.68+0.020%$379K$110K10xas long as short
Phoenix BNB+0.0107%1h791.21+0.214%$170K$35K10xas long as short
SoDEX BNB-USD+0.0131%1h789.80+0.036%$388K$1.0M10xas long as short
GRVT BNB_USDT_Perp+0.0142%8h791.40+0.238%$2.9M$28.2M10xas long as short
Kalshi KXBNBPERP+0.0191%8h790.30+0.099%$91K$2.8M4.8xas long as short
BloFin BNB-USDT+0.0196%8h791.07+0.197%$18.1M$2.3M75xas long as short
dYdX BNB-USD+0.0235%1h790.32+0.102%$160K$63K10xas long as short
01 Exchange BNBUSD+0.0296%1h790.18+0.084%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0327%1h789.32−0.025%$6K$3K40xas long as short
RISEx BNB/USDC+0.0361%1h789.97+0.057%$1.1M$1.0M20xas long as short
Bulk BNB-USD+0.0383%1h789.79+0.034%$640K$6K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0400%1h790.09+0.072%$1.5M$143K25xas long as short
Hibachi BNB/USDT-P+0.0600%1h790.75+0.156%$68K$38K12xas long as short