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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0091%/8h= −9.9% APRpaid last 24h −0.038%
Price spread now: gTrade (Gains Network) against Aster−0.076%7-day average −0.086% · 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−$2802.796% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.070%−$7 on $10k
Price spread, last 3 days (all we have)−0.060%−$6 · spread now −0.076%, 7d avg −0.086%
Together, before fees−0.130%+ Points / potential airdropAster: Stage 5 · farm board−$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.086%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BNBUSDT805.350.0098pay 0.0098% / 8h2h 08m$6.4M$18.8M200x
ShortgTrade (Gains Network) BNB/USD804.74L +0.0008% / S −0.0007%get 0.0001% / 1h8m 05s$9.8M150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Aster. 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
−$19.04
Price spread: −0.076% → −0.086%
$1.06
Slippage, 4 orders
−$261.62
Fee Aster: 4 bp × 2 orders
−$8
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$297.61
Costs to cover
2.796%
Break-even
never at this rate
Slippage from Aster: live order book, 6 min ago; gTrade (Gains Network): virtual book (oracle venue), 1 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 Aster live order book, 6 min ago0.56 bp4.7 bp −$55.5 bp −$5518.9 bp −$1,885doesn't fit
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

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 −0.0195% / S +0.0371%1h804.69−0.082%$49K200xas long as short
Hotstuff BNB-PERP−0.0080%1h805.20−0.019%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h805.45+0.012%$3.0M$29.5M10xas long as short
Kalshi KXBNBPERP0.0000%8h805.30−0.006%$114K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h804.74−0.076%$870K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDshortL +0.0008% / S −0.0007%1h804.74−0.076%$9.8M150x
Kraken Futures PF_BNBUSD+0.0038%1h804.87−0.060%$2.5M$919K50xas long as short
Variational Omni BNB+0.0049%8h804.63−0.089%$4.1M$5.4Mas long as short
BingX BNB-USDC+0.0055%8h804.92−0.053%$13.3Mas long as short
Bybit BNBUSDT+0.0080%8h804.40−0.118%$139.6M$81.7M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0088%1h805.15−0.025%$608K$881K50xas long as short
Lighter BNB+0.0096%1h804.99−0.045%$2.8M$4.2M20xas long as short
Aster BNBUSDTlong+0.0098%8h805.35long leg$6.4M$18.8M200x
Nado BNB-PERP+0.0100%1h804.31−0.129%$1.5M$2.8M20xas long as short
Pacifica BNB+0.0100%1h804.83−0.065%$1.2M$924K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h804.60−0.093%$55.2M$116.1M50xas long as short
Arcus BNB-USD+0.0100%1h805.10−0.031%$53K$170K10xas long as short
Gate BNB_USDT+0.0100%8h804.60−0.093%$36.1M$59.2M75xas long as short
KuCoin BNBUSDTM+0.0100%8h804.53−0.102%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h804.30−0.130%$79.0M$24.8M75xas long as short
edgeX BNBUSDC+0.0100%4h805.53+0.022%$4.2M$76.3M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h805.72+0.046%$159K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h804.68−0.083%$116K$873K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h804.72−0.078%$389K$592K50xas long as short
Derive BNB-PERP+0.0100%1h804.96−0.049%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h805.41+0.008%$13K$1.7M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h805.25−0.012%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h804.90−0.056%$8.2M$7.5M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h805.32−0.003%$79K$19K50xas long as short
Extended BNB-USD+0.0104%1h804.34−0.125%$1.9M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h804.83−0.065%$387K$40K10xas long as short
MEXC BNB_USDT+0.0115%8h805.60+0.031%$84.6M$13.7M200xas long as short
Binance BNBUSDT+0.0115%8h805.39+0.005%$520.3M$805.9M75xas long as short
Phoenix BNB+0.0125%1h805.62+0.034%$173K$35K10xas long as short
Phemex BNBUSDT+0.0137%8h805.38+0.004%$70.3M$51.8M50xas long as short
SoDEX BNB-USD+0.0194%1h804.80−0.068%$396K$1.0M10xas long as short
Hyperliquid BNB+0.0206%1h805.30−0.006%$51.8M$22.0M10xas long as short
RISEx BNB/USDC+0.0209%1h805.01−0.042%$1.1M$1.4M20xas long as short
BloFin BNB-USDT+0.0235%8h805.33−0.002%$18.9M$3.1M75xas long as short
dYdX BNB-USD+0.0238%1h804.86−0.061%$170K$55K10xas long as short
Hibachi BNB/USDT-P+0.0256%1h805.29−0.008%$71K$48K12xas long as short
Bulk BNB-USD+0.0258%1h805.37+0.003%$651K$14K10xas long as short
Reya BNBRUSDPERP+0.0334%1h804.49−0.107%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0344%1h805.64+0.036%$28K$1K10xas long as short
Injective BNB/USDC PERP+0.0353%1h804.89−0.057%$19K$627K30xas long as short
Backpack BNB_USDC_PERP+0.0649%1h805.76+0.051%$3.0M$5.5M40xas long as short