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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsunder 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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.078%−$8 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX BNB-USD784.800.0100pay 0.0013% / 1h9m 07s$386K$961K10x
ShortgTrade (Gains Network) BNB/USD784.64L +0.0007% / S −0.0007%get 0.0001% / 1h9m 07s$9.5M150x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy SoDEX live order book, 40 min ago0.63 bp4.6 bp −$58.4 bp −$8475.2 bp −$7,525doesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 5 min ago130.01 bp135.0 bp −$135135.0 bp −$1,350484.2 bp −$48.4K3301.4 bp −$1.65M

BNB on 46 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0168% / S +0.0337%1h784.65−0.019%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h784.99+0.024%$4K$4225xas long as short
Kraken Futures PF_BNBUSD−0.0050%1h784.54−0.033%$2.5M$1.2M50xas long as short
Kalshi KXBNBPERP0.0000%8h785.20+0.051%$171K$2.7M4.8xas long as short
StandX BNB-USD0.0000%1h785.98+0.150%$848K$2.7M30xas long as short
gTrade (Gains Network) BNB/USDshortL +0.0007% / S −0.0007%1h784.64−0.020%$9.5M150x
Aster BNBUSDT+0.0033%8h785.16+0.046%$5.9M$18.7M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.585%$19K$789K30xas long as short
BingX BNB-USDC+0.0038%8h784.92+0.015%$13.4Mas long as short
MEXC BNB_USDT+0.0048%8h785.80+0.127%$80.8M$12.1M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0048%8h785.14+0.043%$488.1M$814.0M75xas long as short
Phemex BNBUSDT+0.0079%8h785.27+0.060%$68.5M$51.1M50xas long as short
Lighter BNB+0.0096%1h784.76−0.005%$2.7M$3.8M20xas long as short
Phoenix BNB+0.0100%1h785.41+0.078%$158K$35K10xas long as short
Nado BNB-PERP+0.0100%1h784.45−0.045%$1.3M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h785.16+0.046%$51.5M$17.6M10xas long as short
Pacifica BNB+0.0100%1h784.89+0.012%$1.2M$937K20xas long as short
Bybit BNBUSDT+0.0100%8h784.50−0.038%$138.0M$73.8M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h784.40−0.051%$53.3M$111.6M50xas long as short
Arcus BNB-USD+0.0100%1h784.90+0.013%$52K$125K10xas long as short
Gate BNB_USDT+0.0100%8h784.55−0.032%$38.4M$58.7M75xas long as short
KuCoin BNBUSDTM+0.0100%8h784.30−0.064%$27.6M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h784.22−0.074%$75.3M$32.5M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h785.02+0.028%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h784.65−0.019%$4.0M$4.7Mas long as short
edgeX BNBUSDC+0.0100%4h785.41+0.078%$4.1M$76.6M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h785.04+0.031%$158K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h784.51−0.037%$131K$942K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h784.65−0.019%$264K$388K50xas long as short
Derive BNB-PERP+0.0100%1h784.71−0.011%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h785.19+0.050%$12K$1.5M50xas long as short
SoDEX BNB-USDlong+0.0100%1h784.80long leg$386K$961K10x
HTX BNB-USDT+0.0100%8h784.79−0.001%$8.0M$10.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h785.31+0.066%$78K$17K50xas long as short
Extended BNB-USD+0.0104%1h784.27−0.068%$1.8M$5.8M50xas long as short
Aevo BNB-PERP+0.0104%1h784.66−0.018%$377K$110K10xas long as short
Coinbase International BNB-PERP-INTX+0.0104%1h785.03+0.029%$545K$1.9M50xas long as short
dYdX BNB-USD+0.0124%1h784.99+0.024%$159K$62K10xas long as short
BloFin BNB-USDT+0.0168%8h785.18+0.048%$17.7M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0216%8h785.65+0.108%$2.9M$27.9M10xas long as short
Bulk BNB-USD+0.0231%1h784.93+0.017%$636K$83110xas long as short
01 Exchange BNBUSD+0.0248%1h785.29+0.062%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h785.09+0.037%$1.5M$141K25xas long as short
Reya BNBRUSDPERP+0.0320%1h784.33−0.060%$6K$3K40xas long as short
RISEx BNB/USDC+0.0350%1h785.00+0.025%$1.1M$902K20xas long as short
Hibachi BNB/USDT-P+0.0448%1h785.43+0.080%$67K$39K12xas long as short