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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0093%/8h= −10.2% APRpaid last 24h −0.028%
Price spread now: gTrade (Gains Network) against Bitget+0.015%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$285as in the Price arb table
costs, in and out, $10k−$2842.837% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.086%−$9 on $10k
Price spread, last 7 days+0.035%+$4 · spread now +0.015%, 7d avg +0.026%
Together, before fees−0.051%−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.026%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BNBUSDT791.580.0100pay 0.0100% / 8h5h 11m$77.0M$29.8M75x
ShortgTrade (Gains Network) BNB/USD791.70L +0.0008% / S −0.0007%get 0.0001% / 1h11m 13s$9.7M150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Bitget. 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
−$19.52
Price spread: +0.015% → +0.026%
−$1.08
Slippage, 4 orders
−$261.67
Fee Bitget: 6 bp × 2 orders
−$12
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$304.27
Costs to cover
2.837%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; gTrade (Gains Network): virtual book (oracle venue), 3 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 Bitget live order book, 3 min ago0.06 bp6.4 bp −$69.9 bp −$9920.4 bp −$2,036doesn't fit
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

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 −0.0167% / S +0.0335%1h791.63+0.006%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h791.68+0.013%$4K$23925xas long as short
StandX BNB-USD0.0000%1h791.83+0.032%$856K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDshortL +0.0008% / S −0.0007%1h791.70+0.015%$9.7M150x
Injective BNB/USDC PERP+0.0033%1h805.09+1.707%$19K$789K30xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h792.03+0.057%$615K$1.8M50xas long as short
Phemex BNBUSDT+0.0048%8h792.43+0.107%$69.4M$50.5M50xas long as short
Aster BNBUSDT+0.0050%8h792.12+0.068%$6.2M$18.6M200xas long as short
BingX BNB-USDT+0.0060%8h791.77+0.024%$34.3Mas long as short
MEXC BNB_USDT+0.0072%8h793.00+0.179%$80.5M$12.5M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0072%8h792.45+0.110%$495.1M$791.2M75xas long as short
Kraken Futures PF_BNBUSD+0.0091%1h791.71+0.017%$2.5M$1.2M50xas long as short
Lighter BNB+0.0096%1h792.08+0.064%$2.8M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h791.90+0.040%$266K$498K50xas long as short
Nado BNB-PERP+0.0100%1h791.25−0.042%$1.4M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h792.17+0.075%$52.0M$17.7M10xas long as short
Pacifica BNB+0.0100%1h791.53−0.006%$1.2M$908K20xas long as short
Bybit BNBUSDT+0.0100%8h791.80+0.028%$139.3M$76.5M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h791.80+0.028%$53.8M$111.6M50xas long as short
Arcus BNB-USD+0.0100%1h791.70+0.015%$52K$130K10xas long as short
Gate BNB_USDT+0.0100%8h791.70+0.015%$35.4M$57.3M75xas long as short
KuCoin BNBUSDTM+0.0100%8h791.44−0.018%$27.8M$10.3M75xas long as short
Bitget BNBUSDTlong+0.0100%8h791.58long leg$77.0M$29.8M75x
Backpack BNB_USDC_PERP+0.0100%1h791.33−0.032%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h791.90+0.040%$4.1M$4.6Mas long as short
edgeX BNBUSDC+0.0100%4h791.77+0.024%$4.1M$74.5M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h791.88+0.038%$159K$441K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h791.44−0.018%$134K$949K10xas long as short
Derive BNB-PERP+0.0100%1h792.07+0.062%$32K$12K10xas long as short
SunX BNB-USDT+0.0100%8h792.20+0.078%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h792.00+0.053%$389K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h791.78+0.026%$8.1M$9.2M75xas long as short
Paradex BNB-USD-PERP+0.0102%8h791.90+0.040%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h791.55−0.004%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h791.89+0.039%$380K$110K10xas long as short
Phoenix BNB+0.0107%1h791.53−0.006%$170K$35K10xas long as short
GRVT BNB_USDT_Perp+0.0143%8h791.96+0.048%$2.9M$28.0M10xas long as short
Kalshi KXBNBPERP+0.0186%8h792.20+0.078%$82K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0192%8h792.33+0.095%$18.2M$2.2M75xas long as short
dYdX BNB-USD+0.0200%1h791.15−0.054%$160K$63K10xas long as short
01 Exchange BNBUSD+0.0288%1h792.14+0.071%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h792.38+0.101%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0327%1h791.29−0.036%$6K$3K40xas long as short
RISEx BNB/USDC+0.0361%1h791.89+0.040%$1.1M$982K20xas long as short
Bulk BNB-USD+0.0366%1h792.18+0.076%$641K$9K10xas long as short
Hibachi BNB/USDT-P+0.0584%1h791.61+0.004%$68K$38K12xas long as short