Funding you earn now, next payment 08:00 UTC−0.0093%/8h= −10.2% APRnext payment −$0.12 per $10,000 · paid last 24h −0.032%
Price spread now: gTrade (Gains Network) against SoDEX−0.020%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$279as in the Price arb table
costs, in and out, $10k−$2792.793% of the position
Funding, last 3 days (all we have)−0.107%−$11 on $10k
+Price spread, last 4 days (all we have)+0.029%+$3 · spread now −0.020%, 7d avg −0.024%
=The price spread sits at its 7-day average of −0.024%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX BNB-USD | 784.80 | 0.0100 | pay 0.0013% / 1h | 9m 07s | $386K | $961K | 10x |
| Short | gTrade (Gains Network) BNB/USD | 784.64 | L +0.0007% / S −0.0007% | get 0.0001% / 1h | 9m 07s | $9.5M | — | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against SoDEX. 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
- −$19.49
- Price spread: −0.020% → −0.024%
- $0.42
- Slippage, 4 orders
- −$261.29
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$298.35
- Costs to cover
- 2.793%
- Break-even
- never at this rate
Slippage from SoDEX: live order book, 40 min ago; gTrade (Gains Network): virtual book (oracle venue), 5 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 SoDEX live order book, 40 min ago | 0.63 bp | 4.6 bp −$5 | 8.4 bp −$84 | 75.2 bp −$7,525 | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 5 min ago | 130.01 bp | 135.0 bp −$135 | 135.0 bp −$1,350 | 484.2 bp −$48.4K | 3301.4 bp −$1.65M |
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 | 784.65 | −0.019% | $43K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 784.99 | +0.024% | $4K | $42 | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0050% | 1h | 784.54 | −0.033% | $2.5M | $1.2M | 50x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 785.20 | +0.051% | $171K | $2.7M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 785.98 | +0.150% | $848K | $2.7M | 30x | as long as short |
| gTrade (Gains Network) BNB/USDshort | L +0.0007% / S −0.0007% | 1h | 784.64 | −0.020% | $9.5M | — | 150x | |
| Aster BNBUSDT | +0.0033% | 8h | 785.16 | +0.046% | $5.9M | $18.7M | 200x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.585% | $19K | $789K | 30x | as long as short |
| BingX BNB-USDC | +0.0038% | 8h | 784.92 | +0.015% | — | $13.4M | — | as long as short |
| MEXC BNB_USDT | +0.0048% | 8h | 785.80 | +0.127% | $80.8M | $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 | |
|---|---|---|---|---|---|---|---|---|
| Binance BNBUSDT | +0.0048% | 8h | 785.14 | +0.043% | $488.1M | $814.0M | 75x | as long as short |
| Phemex BNBUSDT | +0.0079% | 8h | 785.27 | +0.060% | $68.5M | $51.1M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 784.76 | −0.005% | $2.7M | $3.8M | 20x | as long as short |
| Phoenix BNB | +0.0100% | 1h | 785.41 | +0.078% | $158K | $35K | 10x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 784.45 | −0.045% | $1.3M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 785.16 | +0.046% | $51.5M | $17.6M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 784.89 | +0.012% | $1.2M | $937K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 784.50 | −0.038% | $138.0M | $73.8M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 784.40 | −0.051% | $53.3M | $111.6M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 784.90 | +0.013% | $52K | $125K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 784.55 | −0.032% | $38.4M | $58.7M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 784.30 | −0.064% | $27.6M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 784.22 | −0.074% | $75.3M | $32.5M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 785.02 | +0.028% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 784.65 | −0.019% | $4.0M | $4.7M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 785.41 | +0.078% | $4.1M | $76.6M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 785.04 | +0.031% | $158K | $438K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 784.51 | −0.037% | $131K | $942K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 784.65 | −0.019% | $264K | $388K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 784.71 | −0.011% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 785.19 | +0.050% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USDlong | +0.0100% | 1h | 784.80 | long leg | $386K | $961K | 10x | |
| HTX BNB-USDT | +0.0100% | 8h | 784.79 | −0.001% | $8.0M | $10.3M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 785.31 | +0.066% | $78K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 784.27 | −0.068% | $1.8M | $5.8M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 784.66 | −0.018% | $377K | $110K | 10x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0104% | 1h | 785.03 | +0.029% | $545K | $1.9M | 50x | as long as short |
| dYdX BNB-USD | +0.0124% | 1h | 784.99 | +0.024% | $159K | $62K | 10x | as long as short |
| BloFin BNB-USDT | +0.0168% | 8h | 785.18 | +0.048% | $17.7M | $2.2M | 75x | as long as short |
| GRVT BNB_USDT_Perp | +0.0216% | 8h | 785.65 | +0.108% | $2.9M | $27.9M | 10x | as long as short |
| Bulk BNB-USD | +0.0231% | 1h | 784.93 | +0.017% | $636K | $831 | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0248% | 1h | 785.29 | +0.062% | $28K | $4K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 785.09 | +0.037% | $1.5M | $141K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0320% | 1h | 784.33 | −0.060% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0350% | 1h | 785.00 | +0.025% | $1.1M | $902K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0448% | 1h | 785.43 | +0.080% | $67K | $39K | 12x | as long as short |
SoDEX BNB-USD
gTrade (Gains Network) BNB/USD
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Kalshi KXBNBPERP
StandX BNB-USD
Aster BNBUSDT
Injective BNB/USDC PERP
BingX BNB-USDC
MEXC BNB_USDT
Binance BNBUSDT
Phemex BNBUSDT
Lighter BNB
Phoenix 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
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Coinbase International BNB-PERP-INTX
BloFin BNB-USDT
GRVT BNB_USDT_Perp
Bulk BNB-USD
01 Exchange BNBUSD
Deribit BNB_USDC-PERPETUAL
RISEx BNB/USDC