Funding you earn now, next payment 11:00 UTC−0.0093%/8h= −10.2% APRpaid last 24h −0.010%
Price spread now: gTrade (Gains Network) against BingX−0.006%7-day average −0.011% · 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−$283as in the Price arb table
costs, in and out, $10k−$2842.838% of the position
Funding, last 4 days (all we have)−0.070%−$7 on $10k
+Price spread, last 7 days−0.008%−$1 · spread now −0.006%, 7d avg −0.011%
=The price spread sits at its 7-day average of −0.011%, 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 | BingX BNB-USDC | 787.26 | 0.0100 | pay 0.0100% / 8h | 5h 53m | — | $13.4M | — |
| Short | gTrade (Gains Network) BNB/USD | 787.21 | L +0.0007% / S −0.0007% | get 0.0001% / 1h | 53m 01s | $9.5M | — | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against BingX. 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: −0.006% → −0.011%
- $0.49
- Slippage, 4 orders
- −$263.82
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$302.83
- Costs to cover
- 2.838%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; gTrade (Gains Network): virtual book (oracle exchange), 4 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 BingX live order book, 3 min ago | 0.25 bp | 6.6 bp −$7 | 9.3 bp −$93 | 18.8 bp −$1,883 | 65.8 bp −$32.9K |
| Sell gTrade (Gains Network) virtual book (oracle exchange), 4 min ago | 130.00 bp | 135.0 bp −$135 | 135.0 bp −$1,350 | 484.2 bp −$48.4K | 3301.4 bp −$1.65M |
BNB on 45 exchanges
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 −0.0166% / S +0.0336% | 1h | 787.13 | −0.016% | $43K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0085% | 1h | 787.20 | −0.008% | $2.5M | $1.2M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 788.09 | +0.105% | $4K | — | 25x | as long as short |
| Aster BNBUSDT | 0.0000% | 8h | 787.80 | +0.069% | $5.9M | $17.0M | 200x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 787.82 | +0.071% | $3.0M | $26.5M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 787.80 | +0.069% | $139K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 788.22 | +0.122% | $850K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USDshort | L +0.0007% / S −0.0007% | 1h | 787.21 | −0.006% | $9.5M | — | 150x | |
| MEXC BNB_USDT | +0.0015% | 8h | 788.90 | +0.208% | $83.4M | $11.7M | 200x | as long as short |
| Binance BNBUSDT | +0.0015% | 8h | 787.87 | +0.077% | $481.5M | $765.7M | 75x | as long as short |
Show all 45 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.265% | $19K | $789K | 30x | as long as short |
| Bybit BNBUSDT | +0.0046% | 8h | 786.92 | −0.043% | $138.5M | $67.0M | 75x | as long as short |
| BloFin BNB-USDT | +0.0063% | 8h | 787.99 | +0.093% | $18.4M | $2.2M | 75x | as long as short |
| Phemex BNBUSDT | +0.0089% | 8h | 787.89 | +0.080% | $68.5M | $51.1M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 787.45 | +0.025% | $2.7M | $3.3M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 787.02 | −0.031% | $1.4M | $2.4M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 787.92 | +0.084% | $51.9M | $16.7M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 787.51 | +0.032% | $1.2M | $932K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 787.00 | −0.033% | $53.3M | $102.1M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 787.40 | +0.018% | $57K | $122K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 787.20 | −0.008% | $41.2M | $53.8M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 787.08 | −0.023% | $28.2M | $9.6M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 786.98 | −0.036% | $75.6M | $30.7M | 75x | as long as short |
| BingX BNB-USDClong | +0.0100% | 8h | 787.26 | long leg | — | $13.4M | — | |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 787.70 | +0.056% | $2.2M | $6.0M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 786.85 | −0.052% | $4.3M | $4.5M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 787.81 | +0.070% | $4.1M | $74.6M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 787.94 | +0.086% | $159K | $444K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 787.11 | −0.019% | $130K | $905K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 787.34 | +0.010% | $264K | $297K | 50x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 787.76 | +0.064% | $12K | $1.3M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 787.50 | +0.030% | $387K | $926K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 787.64 | +0.049% | $1.5M | $157K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 787.57 | +0.040% | $8.0M | $10.0M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 787.67 | +0.051% | $88K | $371K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 786.77 | −0.062% | $1.8M | $5.6M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 787.16 | −0.012% | $378K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0120% | 1h | 787.92 | +0.084% | $158K | $45K | 10x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0120% | 1h | 787.48 | +0.028% | $545K | $1.9M | 50x | as long as short |
| 01 Exchange BNBUSD | +0.0240% | 1h | 787.70 | +0.056% | $28K | $3K | 10x | as long as short |
| Bulk BNB-USD | +0.0282% | 1h | 788.09 | +0.106% | $639K | $0 | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0317% | 1h | 786.81 | −0.057% | $6K | $3K | 40x | as long as short |
| Hibachi BNB/USDT-P | +0.0320% | 1h | 787.45 | +0.024% | $67K | $37K | 12x | as long as short |
| RISEx BNB/USDC | +0.0393% | 1h | 787.52 | +0.033% | $1.1M | $901K | 20x | as long as short |
| dYdX BNB-USD | +0.1010% | 1h | 787.47 | +0.027% | $158K | $34K | 10x | as long as short |
BingX BNB-USDC
gTrade (Gains Network) BNB/USD
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Aster BNBUSDT
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
MEXC BNB_USDT
Binance BNBUSDT
Injective BNB/USDC PERP
Bybit BNBUSDT
BloFin BNB-USDT
Phemex BNBUSDT
Lighter BNB
Hyperliquid BNB
Pacifica BNB
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
SunX BNB-USDT
SoDEX BNB-USD
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Phoenix BNB
Coinbase International BNB-PERP-INTX
01 Exchange BNBUSD
Bulk BNB-USD
RISEx BNB/USDC