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 05:00 UTC+0.0293%/8h= +32.0% APRnext payment +$0.37 per $10,000 · paid last 24h +0.050%
Price spread now: Deribit against gTrade (Gains Network)+0.065%7-day average +0.049% · 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−$284as in the Price arb table
costs, in and out, $10k−$2852.853% of the position
Long on gTrade (Gains Network)Short on Deribit
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.111%+$11 on $10k
Price spread, last 4 days (all we have)−0.056%−$6 · spread now +0.065%, 7d avg +0.049%
Together, before fees+0.056%+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.049%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) BNB/USD788.26L +0.0007% / S −0.0007%pay 0.0001% / 1h20m 02s$9.5M—150x
ShortDeribit BNB_USDC-PERPETUAL788.770.0300get 0.0037% / 1h20m 02s$1.5M$143K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$61.43
Price spread: +0.065% → +0.049%
$1.62
Slippage, 4 orders
−$268.26
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$222.21
Costs to cover
2.853%
Break-even
32.3 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 4 min ago; Deribit: live order book, 4 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 gTrade (Gains Network) virtual book (oracle venue), 4 min ago130.01 bp135.0 bp −$135135.0 bp −$1,350416.8 bp −$41.7K2253.7 bp −$1.13M
Sell Deribit live order book, 4 min ago4.06 bp7.7 bp −$812.5 bp −$125doesn't fitdoesn't fit

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 −0.0192% / S +0.0356%1h788.21−0.006%$46K—200xas long as short
Kraken Futures PF_BNBUSD−0.0124%1h788.08−0.023%$2.5M$1.2M50xas long as short
Hotstuff BNB-PERP−0.0080%1h787.93−0.042%$4K$4225xas long as short
Kalshi KXBNBPERP0.0000%8h788.90+0.081%$126K$2.7M4.8xas long as short
StandX BNB-USD0.0000%1h788.56+0.038%$850K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDlongL +0.0007% / S −0.0007%1h788.26long leg$9.5M—150x
Aster BNBUSDT+0.0023%8h788.39+0.016%$6.1M$18.8M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.135%$19K$789K30xas long as short
BingX BNB-USDT+0.0036%8h788.01−0.032%—$22.3M—as long as short
Binance BNBUSDT+0.0043%8h788.49+0.029%$491.6M$800.9M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BNB_USDT+0.0043%8h789.00+0.094%$80.0M$12.0M200xas long as short
Phemex BNBUSDT+0.0044%8h788.62+0.046%$69.0M$50.6M50xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h787.19−0.136%$588K$1.9M50xas long as short
Phoenix BNB+0.0092%1h788.22−0.005%$169K$35K10xas long as short
dYdX BNB-USD+0.0093%1h787.87−0.050%$159K$63K10xas long as short
Lighter BNB+0.0096%1h788.09−0.022%$2.7M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h788.33+0.009%$265K$492K50xas long as short
Nado BNB-PERP+0.0100%1h788.00−0.033%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h788.34+0.010%$51.7M$17.4M10xas long as short
Pacifica BNB+0.0100%1h787.83−0.054%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h787.79−0.060%$138.6M$73.9M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h787.70−0.071%$53.5M$111.7M50xas long as short
Arcus BNB-USD+0.0100%1h788.30+0.005%$52K$133K10xas long as short
Gate BNB_USDT+0.0100%8h787.85−0.052%$36.0M$57.9M75xas long as short
KuCoin BNBUSDTM+0.0100%8h787.87−0.049%$27.6M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h787.96−0.038%$76.3M$30.6M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h788.34+0.010%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h787.41−0.108%$4.1M$4.8M—as long as short
edgeX BNBUSDC+0.0100%4h788.22−0.006%$4.1M$74.0M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h788.44+0.023%$159K$442K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h788.16−0.013%$132K$955K10xas long as short
Derive BNB-PERP+0.0100%1h788.40+0.018%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h788.85+0.075%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h788.30+0.005%$388K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h788.16−0.012%$8.1M$9.7M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h788.36+0.012%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h787.84−0.054%$1.8M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h788.29+0.003%$379K$110K10xas long as short
BloFin BNB-USDT+0.0163%8h788.23−0.004%$17.7M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0174%8h788.49+0.029%$2.9M$28.7M10xas long as short
Bulk BNB-USD+0.0193%1h788.28+0.003%$638K$10K10xas long as short
01 Exchange BNBUSD+0.0240%1h788.79+0.067%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUALshort+0.0300%1h788.77+0.065%$1.5M$143K25x
Reya BNBRUSDPERP+0.0324%1h788.00−0.033%$6K$3K40xas long as short
Hibachi BNB/USDT-P+0.0408%1h787.79−0.059%$67K$39K12xas long as short
RISEx BNB/USDC+0.0431%1h788.50+0.030%$1.1M$893K20xas long as short