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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0305%/8h= −33.4% APRnext payment $0.38 per $10,000 · paid last 24h −0.084%
Price spread now: gTrade (Gains Network) against 01 Exchange−0.086%7-day average · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and gTrade (Gains Network) is 0.086% cheaper against 01 Exchange than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange BNBUSD789.200.0312pay 0.0039% / 1h6m 08s$28K$4K10x
ShortgTrade (Gains Network) BNB/USD788.52L +0.0007% / S −0.0007%get 0.0001% / 1h6m 08s$9.5M150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against 01 Exchange. 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
−$64.01
Price spread: −0.086% → 0.000%
−$8.59
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$89.6
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 3 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 01 Exchange no order-book sample
Sell gTrade (Gains Network) virtual book (oracle venue), 3 min ago130.01 bp135.0 bp −$135135.0 bp −$1,350484.2 bp −$48.4K3301.4 bp −$1.65M
01 Exchange: 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]L −0.0192% / S +0.0356%1h788.50−0.088%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h788.21−0.125%$4K$4225xas long as short
StandX BNB-USD0.0000%1h788.92−0.035%$851K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDshortL +0.0007% / S −0.0007%1h788.52−0.086%$9.5M150x
Injective BNB/USDC PERP+0.0033%1h805.09+2.013%$19K$789K30xas long as short
Aster BNBUSDT+0.0043%8h789.25+0.006%$6.1M$19.1M200xas long as short
BingX BNB-USDC+0.0048%8h788.69−0.065%$13.4Mas long as short
Phemex BNBUSDT+0.0061%8h789.26+0.008%$69.1M$50.8M50xas long as short
MEXC BNB_USDT+0.0066%8h789.40+0.025%$81.0M$12.1M200xas long as short
Binance BNBUSDT+0.0067%8h789.32+0.015%$491.4M$815.8M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BNBUSD+0.0069%1h788.55−0.083%$2.5M$1.2M50xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h788.38−0.104%$569K$1.9M50xas long as short
Lighter BNB+0.0096%1h788.92−0.036%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h788.67−0.067%$265K$490K50xas long as short
Nado BNB-PERP+0.0100%1h788.15−0.133%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h789.36+0.020%$51.7M$17.6M10xas long as short
Pacifica BNB+0.0100%1h788.71−0.062%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h788.68−0.066%$138.8M$75.0M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h788.70−0.063%$53.6M$113.3M50xas long as short
Arcus BNB-USD+0.0100%1h788.80−0.051%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h788.80−0.051%$36.9M$59.5M75xas long as short
KuCoin BNBUSDTM+0.0100%8h788.52−0.086%$27.8M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h788.63−0.072%$76.3M$31.1M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h789.09−0.014%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h787.91−0.163%$4.0M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h788.22−0.124%$4.1M$75.6M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h787.81−0.176%$159K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h788.44−0.096%$132K$951K10xas long as short
Derive BNB-PERP+0.0100%1h788.88−0.040%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h789.13−0.009%$12K$1.5M50xas long as short
HTX BNB-USDT+0.0100%8h788.22−0.124%$8.0M$10.1M75xas long as short
Paradex BNB-USD-PERP+0.0101%8h788.96−0.030%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h788.38−0.104%$1.8M$6.2M50xas long as short
Aevo BNB-PERP+0.0104%1h788.68−0.065%$379K$110K10xas long as short
Phoenix BNB+0.0107%1h787.87−0.169%$169K$35K10xas long as short
SoDEX BNB-USD+0.0122%1h788.80−0.051%$388K$989K10xas long as short
dYdX BNB-USD+0.0138%1h788.46−0.094%$160K$62K10xas long as short
Kalshi KXBNBPERP+0.0140%8h789.00−0.025%$163K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0187%8h788.82−0.048%$17.6M$2.2M75xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h789.04−0.020%$1.5M$143K25xas long as short
GRVT BNB_USDT_Perp+0.0221%8h788.50−0.089%$2.9M$29.5M10xas long as short
01 Exchange BNBUSDlong+0.0312%1h789.20long leg$28K$4K10x
Reya BNBRUSDPERP+0.0323%1h788.30−0.114%$6K$3K40xas long as short
Bulk BNB-USD+0.0378%1h788.15−0.133%$639K$4K10xas long as short
RISEx BNB/USDC+0.0432%1h788.90−0.037%$1.1M$902K20xas long as short
Hibachi BNB/USDT-P+0.0560%1h788.09−0.141%$67K$39K12xas long as short