Funding you earn now, next payment 22:00 UTC+0.0092%/8h= +10.1% APRpaid last 24h +0.027%
Price spread now: Bitget against gTrade (Gains Network)−0.029%7-day average −0.037% · 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−$284as in the Price arb table
costs, in and out, $10k−$2842.844% of the position
Funding, last 3 days (all we have)+0.076%+$8 on $10k
+Price spread, last 3 days (all we have)+0.022%+$2 · spread now −0.029%, 7d avg −0.037%
=The price spread sits at its 7-day average of −0.037%, 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 | gTrade (Gains Network) BNB/USD | 804.10 | L +0.0008% / S −0.0007% | pay 0.0001% / 1h | 6m 24s | $9.8M | — | 150x |
| Short | Bitget BNBUSDT | 803.86 | 0.0100 | get 0.0100% / 8h | 2h 06m | $78.9M | $24.8M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against gTrade (Gains Network). 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
- $19.35
- Price spread: −0.029% → −0.037%
- $0.71
- Slippage, 4 orders
- −$262.36
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$264.3
- Costs to cover
- 2.844%
- Break-even
- 102.6 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 3 min ago; Bitget: live order book, 3 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 gTrade (Gains Network) virtual book (oracle venue), 3 min ago | 130.01 bp | 135.0 bp −$135 | 135.0 bp −$1,350 | 416.8 bp −$41.7K | 2253.7 bp −$1.13M |
| Sell Bitget live order book, 3 min ago | 0.06 bp | 7.2 bp −$7 | 9.6 bp −$96 | 13.8 bp −$1,377 | doesn't fit |
BNB on 46 venues
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 −0.0195% / S +0.0371% | 1h | 804.06 | −0.005% | $49K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 804.60 | +0.063% | $4K | $1K | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 805.17 | +0.134% | $3.0M | $29.5M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 805.10 | +0.125% | $114K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 804.76 | +0.082% | $870K | $2.8M | 30x | as long as short |
| gTrade (Gains Network) BNB/USDlong | L +0.0008% / S −0.0007% | 1h | 804.10 | long leg | $9.8M | — | 150x | |
| Kraken Futures PF_BNBUSD | +0.0038% | 1h | 804.15 | +0.006% | $2.5M | $919K | 50x | as long as short |
| Variational Omni BNB | +0.0049% | 8h | 804.63 | +0.066% | $4.1M | $5.4M | — | as long as short |
| BingX BNB-USDT | +0.0056% | 8h | 804.21 | +0.014% | — | $34.5M | — | as long as short |
| Bybit BNBUSDT | +0.0080% | 8h | 803.70 | −0.049% | $139.5M | $81.7M | 75x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BNB-PERP-INTX | +0.0088% | 1h | 805.15 | +0.131% | $608K | $881K | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 804.49 | +0.049% | $2.8M | $4.2M | 20x | as long as short |
| Aster BNBUSDT | +0.0098% | 8h | 804.84 | +0.092% | $6.4M | $18.8M | 200x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 803.91 | −0.024% | $1.5M | $2.8M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 804.45 | +0.044% | $1.2M | $924K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 804.00 | −0.012% | $55.1M | $116.0M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 804.60 | +0.063% | $53K | $170K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 804.00 | −0.012% | $36.1M | $59.2M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 804.01 | −0.011% | $28.1M | $10.5M | 75x | as long as short |
| Bitget BNBUSDTshort | +0.0100% | 8h | 803.86 | −0.029% | $78.9M | $24.8M | 75x | |
| edgeX BNBUSDC | +0.0100% | 4h | 805.38 | +0.159% | $4.2M | $76.4M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 804.81 | +0.089% | $159K | $436K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 804.08 | −0.002% | $116K | $873K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 804.16 | +0.008% | $389K | $592K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 804.58 | +0.060% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 805.05 | +0.119% | $13K | $1.7M | 50x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 804.85 | +0.093% | $1.6M | $165K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 804.90 | +0.100% | $8.2M | $7.5M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 804.98 | +0.110% | $79K | $19K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 803.81 | −0.036% | $1.9M | $5.9M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 804.49 | +0.049% | $386K | $40K | 10x | as long as short |
| MEXC BNB_USDT | +0.0115% | 8h | 805.00 | +0.112% | $84.5M | $13.7M | 200x | as long as short |
| Binance BNBUSDT | +0.0115% | 8h | 804.75 | +0.081% | $519.9M | $805.6M | 75x | as long as short |
| Phoenix BNB | +0.0125% | 1h | 805.62 | +0.189% | $173K | $35K | 10x | as long as short |
| Phemex BNBUSDT | +0.0137% | 8h | 804.88 | +0.097% | $70.2M | $51.8M | 50x | as long as short |
| SoDEX BNB-USD | +0.0191% | 1h | 804.30 | +0.025% | $396K | $1.0M | 10x | as long as short |
| Hyperliquid BNB | +0.0203% | 1h | 804.78 | +0.085% | $51.8M | $22.0M | 10x | as long as short |
| RISEx BNB/USDC | +0.0209% | 1h | 804.54 | +0.055% | $1.1M | $1.4M | 20x | as long as short |
| dYdX BNB-USD | +0.0235% | 1h | 804.12 | +0.003% | $170K | $55K | 10x | as long as short |
| BloFin BNB-USDT | +0.0235% | 8h | 805.16 | +0.132% | $18.9M | $3.1M | 75x | as long as short |
| Bulk BNB-USD | +0.0258% | 1h | 805.37 | +0.158% | $651K | $14K | 10x | as long as short |
| Hibachi BNB/USDT-P | +0.0264% | 1h | 804.72 | +0.077% | $71K | $48K | 12x | as long as short |
| Reya BNBRUSDPERP | +0.0334% | 1h | 803.80 | −0.038% | $6K | $3K | 40x | as long as short |
| 01 Exchange BNBUSD | +0.0344% | 1h | 805.02 | +0.115% | $28K | $1K | 10x | as long as short |
| Injective BNB/USDC PERP | +0.0353% | 1h | 804.89 | +0.099% | $19K | $627K | 30x | as long as short |
| Backpack BNB_USDC_PERP | +0.0650% | 1h | 805.27 | +0.146% | $3.0M | $5.5M | 40x | as long as short |
gTrade (Gains Network) BNB/USD
Bitget BNBUSDT
GMX BNB/USD [WBTC.b-USDC]
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
Kraken Futures PF_BNBUSD
Variational Omni BNB
BingX BNB-USDT
Bybit BNBUSDT
Coinbase International BNB-PERP-INTX
Lighter BNB
Aster BNBUSDT
Pacifica BNB
OKX BNB-USDT-SWAP
Gate BNB_USDT
KuCoin BNBUSDTM
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
MEXC BNB_USDT
Binance BNBUSDT
Phoenix BNB
Phemex BNBUSDT
SoDEX BNB-USD
Hyperliquid BNB
RISEx BNB/USDC
BloFin BNB-USDT
Bulk BNB-USD
01 Exchange BNBUSD
Injective BNB/USDC PERP
Backpack BNB_USDC_PERP