Funding you earn now, next payment 09:00 UTC+0.0093%/8h= +10.1% APRpaid last 24h +0.019%
Price spread now: Bybit against gTrade (Gains Network)+0.020%72s7-day average −0.009% · 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—prices read too far apart to compare
costs, in and out, $10k−$2842.836% of the position
Funding, last 4 days (all we have)+0.051%+$5 on $10k
+Price spread, last 7 days−0.033%−$3 · spread now +0.020%, 7d avg −0.009%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bybit is 0.029% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.009%. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) BNB/USD | 783.88 | L +0.0007% / S −0.0007% | pay 0.0001% / 1h | 27m 08s | $9.4M | — | 150x |
| Short | Bybit BNBUSDT | 784.03 | 0.0100 | get 0.0100% / 8h | 7h 27m | $138.1M | $73.0M | 75x |
gTrade (Gains Network) BNB/USD
Bybit BNBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $19.43
- Price spread: +0.020% → −0.009%
- $2.86
- Slippage, 4 orders
- −$262.56
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$261.27
- Costs to cover
- 2.836%
- Break-even
- 101.1 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 2 min ago; Bybit: live order book, 2 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), 2 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 Bybit live order book, 2 min ago | 0.64 bp | 7.4 bp −$7 | 9.1 bp −$91 | 24.2 bp −$2,423 | 111.4 bp −$55.7K |
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 −0.0166% / S +0.0337% | 1h | 784.38 | +0.064% | $43K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 784.91 | +0.132% | $4K | — | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0021% | 1h | 784.20 | +0.042% | $2.5M | $1.2M | 50x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 784.92 | +0.133% | $3.0M | $27.3M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 784.49 | +0.078% | $846K | $2.7M | 30x | as long as short |
| gTrade (Gains Network) BNB/USDlong | L +0.0007% / S −0.0007% | 1h | 783.88 | long leg | $9.4M | — | 150x | |
| Aster BNBUSDT | +0.0019% | 8h | 784.85 | +0.125% | $5.9M | $18.3M | 200x | as long as short |
| BingX BNB-USDC | +0.0031% | 8h | 784.00 | +0.016% | — | $13.4M | — | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.706% | $19K | $789K | 30x | as long as short |
| MEXC BNB_USDT | +0.0036% | 8h | 785.90 | +0.258% | $82.3M | $12.2M | 200x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
Kraken Futures PF_BNBUSD
GRVT BNB_USDT_Perp
StandX BNB-USD
Aster BNBUSDT
BingX BNB-USDC
Injective BNB/USDC PERP
MEXC BNB_USDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNBUSDT | +0.0036% | 8h | 784.81 | +0.119% | $487.3M | $808.2M | 75x | as long as short |
| Lighter BNB | +0.0096% | 1h | 784.42 | +0.070% | $2.7M | $3.7M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 784.35 | +0.061% | $1.3M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 784.87 | +0.127% | $51.5M | $17.6M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 784.79 | +0.117% | $1.2M | $937K | 20x | as long as short |
| Bybit BNBUSDTshort | +0.0100% | 8h | 784.03 | +0.020% | $138.1M | $73.0M | 75x | |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 784.10 | +0.029% | $53.3M | $110.0M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 784.60 | +0.092% | $52K | $125K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 784.30 | +0.054% | $39.4M | $55.9M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 784.02 | +0.018% | $27.6M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 783.84 | −0.004% | $75.2M | $32.3M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 784.74 | +0.110% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 784.02 | +0.019% | $4.2M | $5.0M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 784.76 | +0.113% | $4.1M | $76.3M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 784.99 | +0.142% | $158K | $439K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 784.45 | +0.073% | $131K | $924K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 784.32 | +0.057% | $264K | $358K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 784.27 | +0.050% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 785.00 | +0.143% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 784.40 | +0.067% | $386K | $941K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 784.72 | +0.108% | $1.5M | $141K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 784.54 | +0.085% | $8.0M | $10.3M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 784.99 | +0.142% | $88K | $37K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 783.82 | −0.006% | $1.8M | $5.8M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 784.18 | +0.039% | $377K | $110K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0107% | 8h | 785.00 | +0.144% | $159K | $2.6M | 4.8x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0120% | 1h | 785.76 | +0.240% | $547K | $1.9M | 50x | as long as short |
| Phoenix BNB | +0.0120% | 1h | 784.43 | +0.071% | $158K | $38K | 10x | as long as short |
| BloFin BNB-USDT | +0.0144% | 8h | 784.85 | +0.124% | $17.8M | $2.2M | 75x | as long as short |
| dYdX BNB-USD | +0.0161% | 1h | 784.13 | +0.032% | $157K | $65K | 10x | as long as short |
| Bulk BNB-USD | +0.0200% | 1h | 784.80 | +0.118% | $636K | $630 | 10x | as long as short |
| Phemex BNBUSDT | +0.0223% | 8h | 784.92 | +0.133% | $68.3M | $51.0M | 50x | as long as short |
| 01 Exchange BNBUSD | +0.0232% | 1h | 784.82 | +0.121% | $28K | $3K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0319% | 1h | 783.80 | −0.009% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0355% | 1h | 784.10 | +0.029% | $1.1M | $906K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0416% | 1h | 784.25 | +0.048% | $67K | $39K | 12x | as long as short |
Binance BNBUSDT
Lighter BNB
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Kalshi KXBNBPERP
Coinbase International BNB-PERP-INTX
Phoenix BNB
BloFin BNB-USDT
dYdX BNB-USD
Bulk BNB-USD
Phemex BNBUSDT
01 Exchange BNBUSD
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P