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

BNB

all BNB markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 23:00 UTC−0.0183%/8h= −20.0% APRnext payment −$0.23 per $10,000 · paid last 24h −0.130%
Price spread now: gTrade (Gains Network) against dYdX+0.012%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$315as in the Price arb table
costs, in and out, $10k−$3163.164% of the position
Long on dYdXShort on gTrade (Gains Network)
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.413%−$41 on $10k
Price spread, last 3 days (all we have)−0.014%−$1 · spread now +0.012%, 7d avg −0.005%
Together, before fees−0.427%−$43 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.005%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX BNB-USD805.130.0190pay 0.0024% / 1h47m 24s$162K$63K10x
ShortgTrade (Gains Network) BNB/USD805.23L +0.0008% / S −0.0007%get 0.0001% / 1h47m 24s$9.8M—150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against dYdX. 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
−$38.4
Price spread: +0.012% → −0.005%
$1.67
Slippage, 4 orders
−$296.43
Fee dYdX: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$353.16
Costs to cover
3.164%
Break-even
never at this rate
Slippage from dYdX: live order book, 37 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 dYdX live order book, 37 min ago12.51 bp26.8 bp −$27155.3 bp −$1,553272.1 bp −$27.2K509.6 bp −$254.8K
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 −0.0195% / S +0.0371%1h805.14+0.002%$49K—200xas long as short
Hotstuff BNB-PERP−0.0080%1h806.30+0.146%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h805.16+0.003%$3.0M$29.3M10xas long as short
Kalshi KXBNBPERP0.0000%8h805.80+0.084%$108K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h805.19+0.008%$870K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDshortL +0.0008% / S −0.0007%1h805.23+0.012%$9.8M—150x
Variational Omni BNB+0.0047%8h804.38−0.093%$4.1M$5.3M—as long as short
BingX BNB-USDT+0.0059%8h805.48+0.044%—$34.5M—as long as short
Hibachi BNB/USDT-P+0.0064%1h805.27+0.018%$71K$48K12xas long as short
Bybit BNBUSDT+0.0085%8h804.90−0.028%$139.5M$81.9M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BNB+0.0096%1h805.84+0.088%$2.8M$4.2M20xas long as short
Coinbase International BNB-PERP-INTX+0.0096%1h805.54+0.051%$608K$880K50xas long as short
Nado BNB-PERP+0.0100%1h805.50+0.046%$1.5M$2.8M20xas long as short
Pacifica BNB+0.0100%1h805.90+0.095%$1.2M$924K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h805.00−0.016%$55.1M$116.1M50xas long as short
Arcus BNB-USD+0.0100%1h806.10+0.121%$53K$170K10xas long as short
Gate BNB_USDT+0.0100%8h805.20+0.009%$36.1M$57.4M75xas long as short
KuCoin BNBUSDTM+0.0100%8h805.63+0.062%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h804.91−0.027%$78.7M$25.0M75xas long as short
edgeX BNBUSDC+0.0100%4h805.44+0.039%$4.2M$76.5M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h805.50+0.046%$162K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h805.77+0.080%$116K$870K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h805.19+0.008%$389K$592K50xas long as short
Derive BNB-PERP+0.0100%1h805.43+0.038%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h805.88+0.093%$13K$1.7M50xas long as short
HTX BNB-USDT+0.0100%8h805.31+0.023%$8.2M$7.6M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h806.24+0.138%$79K$19K50xas long as short
Aster BNBUSDT+0.0103%8h806.16+0.128%$6.4M$18.8M200xas long as short
Extended BNB-USD+0.0104%1h804.78−0.043%$1.9M$6.0M50xas long as short
Aevo BNB-PERP+0.0104%1h805.30+0.022%$387K$40K10xas long as short
MEXC BNB_USDT+0.0118%8h806.30+0.146%$84.6M$13.3M200xas long as short
Binance BNBUSDT+0.0118%8h805.90+0.096%$520.7M$804.3M75xas long as short
Phemex BNBUSDT+0.0133%8h805.78+0.081%$70.3M$51.8M50xas long as short
Phoenix BNB+0.0155%1h805.60+0.059%$173K$35K10xas long as short
Hyperliquid BNB+0.0166%1h806.29+0.144%$51.9M$22.0M10xas long as short
SoDEX BNB-USD+0.0167%1h805.30+0.021%$396K$1.0M10xas long as short
dYdX BNB-USDlong+0.0190%1h805.13long leg$162K$63K10x
Kraken Futures PF_BNBUSD+0.0205%1h805.14+0.001%$2.5M$931K50xas long as short
BloFin BNB-USDT+0.0238%8h805.81+0.085%$18.8M$3.1M75xas long as short
Bulk BNB-USD+0.0274%1h805.55+0.052%$651K$14K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h805.70+0.071%$1.6M$165K25xas long as short
Injective BNB/USDC PERP+0.0311%1h805.09−0.005%$19K$789K30xas long as short
RISEx BNB/USDC+0.0318%1h806.05+0.114%$1.1M$1.4M20xas long as short
Reya BNBRUSDPERP+0.0333%1h805.28+0.019%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0344%1h806.73+0.199%$29K$1K10xas long as short
Backpack BNB_USDC_PERP+0.0713%1h806.14+0.126%$3.0M$5.5M40xas long as short