BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0434%/8h= −47.6% APRnext payment −$0.54 per $10,000 · paid last 24h −0.127%

Price spread now: GMX against Arcus−0.033%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Arcus Short on GMX

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—needs both histories

Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and GMX is 0.033% cheaper against Arcus than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus BNB-USD	793.00	0.0100	pay 0.0013% / 1h	45m 27s	$52K	$134K	10x
Short	GMX BNB/USD [WBTC.b-USDC]	792.73	L −0.0161% / S +0.0334%	pay 0.0042% / 1h	45m 27s	$47K	—	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Arcus. 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 ArcusbpFee GMXbpOrdersPrice spread, now −0.033%Rate

Funding earned: −$91.24
Price spread: −0.033% → 0.000%: −$3.34
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee GMX: 6 bp × 2 orders: −$12
Net: −$111.09
Costs to cover: 0.165%
Break-even: never at this rate

Slippage unknown: Arcus: live order book, 23 min ago; GMX: 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 Arcus live order book, 23 min ago	4.39 bp	7.9 bp −$8	25.6 bp −$256	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX BNB/USD [WBTC.b-USDC]short	L −0.0161% / S +0.0334%	1h	792.73	−0.033%	$47K	—	200x
Kraken Futures PF_BNBUSD	−0.0132%	1h	792.99	−0.002%	$2.5M	$1.0M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	793.07	+0.009%	$4K	$239	25x	as long as short
Gate BNB_USDT	−0.0017%	8h	792.25	−0.095%	$35.4M	$55.4M	75x	as long as short
StandX BNB-USD	0.0000%	1h	793.63	+0.079%	$858K	$3.0M	30x	as long as short
GRVT BNB_USDT_Perp	+0.0002%	8h	793.91	+0.115%	$3.0M	$28.4M	10x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	792.49	−0.064%	$9.7M	—	150x	as long as short
Variational Omni BNB	+0.0010%	8h	792.53	−0.060%	$4.1M	$5.0M	—	as long as short
Aster BNBUSDT	+0.0033%	8h	793.18	+0.023%	$6.1M	$19.9M	200x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.525%	$19K	$789K	30x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex BNBUSDT	+0.0033%	8h	793.54	+0.068%	$69.3M	$50.3M	50x	as long as short
dYdX BNB-USD	+0.0039%	1h	793.14	+0.018%	$160K	$63K	10x	as long as short
BingX BNB-USDC	+0.0042%	8h	792.67	−0.042%	—	$13.4M	—	as long as short
Coinbase International BNB-PERP-INTX	+0.0056%	1h	792.52	−0.061%	$608K	$1.1M	50x	as long as short
MEXC BNB_USDT	+0.0062%	8h	793.20	+0.025%	$82.3M	$12.7M	200x	as long as short
Binance BNBUSDT	+0.0062%	8h	793.00	0.000%	$493.4M	$815.3M	75x	as long as short
Phoenix BNB	+0.0088%	1h	792.08	−0.116%	$170K	$36K	10x	as long as short
Lighter BNB	+0.0096%	1h	792.92	−0.010%	$2.8M	$3.9M	20x	as long as short
Bybit BNBUSDT	+0.0098%	8h	792.50	−0.063%	$138.1M	$77.0M	75x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	792.38	−0.078%	$383K	$409K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	792.65	−0.044%	$1.4M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	793.06	+0.008%	$1.2M	$932K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	792.40	−0.076%	$53.2M	$111.0M	50x	as long as short
Arcus BNB-USDlong	+0.0100%	1h	793.00	long leg	$52K	$134K	10x
KuCoin BNBUSDTM	+0.0100%	8h	792.51	−0.062%	$27.7M	$10.0M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	792.25	−0.095%	$77.3M	$28.3M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	793.14	+0.018%	$4.1M	$76.9M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	793.32	+0.040%	$160K	$435K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	792.54	−0.058%	$111K	$889K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	793.19	+0.024%	$32K	$9K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	793.39	+0.049%	$13K	$1.6M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	793.10	+0.013%	$390K	$995K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	792.75	−0.032%	$8.1M	$8.7M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	793.22	+0.028%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	792.49	−0.064%	$1.7M	$6.0M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	793.08	+0.010%	$381K	$110K	10x	as long as short
Hyperliquid BNB	+0.0122%	1h	793.27	+0.034%	$52.6M	$19.8M	10x	as long as short
RISEx BNB/USDC	+0.0131%	1h	792.98	−0.003%	$1.1M	$1.4M	20x	as long as short
Kalshi KXBNBPERP	+0.0160%	8h	793.40	+0.050%	$112K	$2.8M	4.8x	as long as short
Bulk BNB-USD	+0.0167%	1h	793.21	+0.026%	$644K	$10K	10x	as long as short
BloFin BNB-USDT	+0.0182%	8h	794.06	+0.134%	$18.1M	$2.5M	75x	as long as short
01 Exchange BNBUSD	+0.0240%	1h	793.21	+0.026%	$28K	$2K	10x	as long as short
Reya BNBRUSDPERP	+0.0329%	1h	792.26	−0.093%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0371%	1h	793.78	+0.098%	$2.7M	$5.7M	40x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0400%	1h	793.57	+0.072%	$1.6M	$161K	25x	as long as short
Hibachi BNB/USDT-P	+0.0472%	1h	793.09	+0.011%	$68K	$38K	12x	as long as short