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

BNB

all BNB markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 01:00 UTC−0.0193%/8h= −21.1% APRnext payment −$0.24 per $10,000 · paid last 24h −0.045%
Price spread now: gTrade (Gains Network) against Deribit−0.043%7-day average −0.048% · 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−$291as in the Price arb table
costs, in and out, $10k−$2922.919% of the position
Long on DeribitShort on gTrade (Gains Network)
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.101%−$10 on $10k
Price spread, last 3 days (all we have)+0.016%+$2 · spread now −0.043%, 7d avg −0.048%
Together, before fees−0.085%−$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.048%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit BNB_USDC-PERPETUAL799.170.0200pay 0.0025% / 1h26m 52s$1.6M$161K25x
ShortgTrade (Gains Network) BNB/USD798.83L +0.0008% / S −0.0007%get 0.0001% / 1h26m 52s$9.7M—150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Deribit. 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
−$40.49
Price spread: −0.043% → −0.048%
$0.53
Slippage, 4 orders
−$274.88
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$331.83
Costs to cover
2.919%
Break-even
never at this rate
Slippage from Deribit: live order book, 2 min ago; gTrade (Gains Network): virtual book (oracle venue), 2 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 Deribit live order book, 2 min ago6.18 bp12.2 bp −$1217.9 bp −$179doesn't fitdoesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 2 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 −0.0159% / S +0.0334%1h798.72−0.056%$47K—200xas long as short
Kraken Futures PF_BNBUSD−0.0121%1h798.69−0.060%$2.5M$1.0M50xas long as short
Hotstuff BNB-PERP−0.0080%1h799.51+0.043%$4K$23925xas long as short
BingX BNB-USDC−0.0028%8h799.22+0.006%—$13.3M—as long as short
Bybit BNBUSDT−0.0014%8h798.80−0.046%$138.8M$75.5M75xas long as short
GRVT BNB_USDT_Perp0.0000%8h799.48+0.039%$3.0M$27.5M10xas long as short
StandX BNB-USD0.0000%1h799.70+0.066%$864K$2.9M30xas long as short
Gate BNB_USDT+0.0001%8h798.70−0.059%$35.8M$56.4M75xas long as short
Variational Omni BNB+0.0003%8h798.43−0.093%$4.1M$5.2M—as long as short
gTrade (Gains Network) BNB/USDshortL +0.0008% / S −0.0007%1h798.83−0.043%$9.7M—150x
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0020%8h799.44+0.034%$69.8M$50.2M50xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+0.741%$19K$789K30xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h799.12−0.006%$615K$1.1M50xas long as short
Aster BNBUSDT+0.0060%8h799.34+0.021%$6.2M$19.2M200xas long as short
Binance BNBUSDT+0.0081%8h799.40+0.029%$496.0M$809.6M75xas long as short
MEXC BNB_USDT+0.0082%8h799.80+0.079%$83.2M$13.6M200xas long as short
Lighter BNB+0.0096%1h798.96−0.026%$2.8M$4.0M20xas long as short
Phoenix BNB+0.0099%1h798.91−0.033%$172K$36K10xas long as short
Nado BNB-PERP+0.0100%1h798.61−0.070%$1.5M$2.7M20xas long as short
Pacifica BNB+0.0100%1h799.10−0.009%$1.2M$924K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h798.90−0.034%$54.3M$111.0M50xas long as short
Arcus BNB-USD+0.0100%1h799.20+0.004%$53K$133K10xas long as short
KuCoin BNBUSDTM+0.0100%8h798.64−0.066%$27.9M$10.1M75xas long as short
Bitget BNBUSDT+0.0100%8h798.48−0.086%$78.8M$27.8M75xas long as short
edgeX BNBUSDC+0.0100%4h798.99−0.022%$4.2M$76.2M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h798.82−0.044%$161K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h798.89−0.035%$117K$878K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h798.74−0.054%$386K$458K50xas long as short
Derive BNB-PERP+0.0100%1h798.85−0.040%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h799.26+0.011%$13K$1.6M50xas long as short
SoDEX BNB-USD+0.0100%1h798.90−0.034%$393K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h798.70−0.059%$8.2M$8.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h799.53+0.046%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h798.43−0.093%$1.8M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h798.73−0.055%$384K$110K10xas long as short
Bulk BNB-USD+0.0127%1h799.28+0.013%$649K$10K10xas long as short
RISEx BNB/USDC+0.0155%1h798.96−0.027%$1.1M$1.4M20xas long as short
Kalshi KXBNBPERP+0.0155%8h799.40+0.029%$90K$2.8M4.8xas long as short
Hibachi BNB/USDT-P+0.0200%1h799.61+0.055%$69K$38K12xas long as short
Deribit BNB_USDC-PERPETUALlong+0.0200%1h799.17long leg$1.6M$161K25x
BloFin BNB-USDT+0.0201%8h799.28+0.014%$18.1M$2.6M75xas long as short
01 Exchange BNBUSD+0.0208%1h799.57+0.050%$28K$1K10xas long as short
dYdX BNB-USD+0.0225%1h799.33+0.020%$161K$63K10xas long as short
Hyperliquid BNB+0.0306%1h799.59+0.053%$53.1M$20.7M10xas long as short
Reya BNBRUSDPERP+0.0330%1h798.56−0.076%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0392%1h799.50+0.041%$2.7M$5.7M40xas long as short