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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%
Price spread now: Extended against gTrade (Gains Network)−0.027%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$275as in the Price arb table
costs, in and out, $10k−$2772.774% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.069%+$7 on $10k
Price spread, last 3 days (all we have)+0.012%+$1 · spread now −0.027%, 7d avg −0.052%
Together, before fees+0.081%+ Points / potential airdropExtended: Active · farm board+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Extended is 0.026% 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 −0.052%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) BNB/USD799.94L +0.0008% / S −0.0007%pay 0.0001% / 1h3m 58s$9.7M150x
ShortExtended BNB-USD799.730.0104get 0.0013% / 1h3m 58s$1.9M$6.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$20.2
Price spread: −0.027% → −0.052%
$2.56
Slippage, 4 orders
−$262.39
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$254.62
Costs to cover
2.774%
Break-even
95.2 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 5 min ago; Extended: live order book, 5 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), 5 min ago130.00 bp135.0 bp −$135135.0 bp −$1,350416.8 bp −$41.7K2253.7 bp −$1.13M
Sell Extended live order book, 5 min ago0.06 bp2.6 bp −$33.8 bp −$38doesn'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 −0.0201% / S +0.0372%1h799.85−0.011%$47K200xas long as short
Hotstuff BNB-PERP−0.0080%1h800.40+0.058%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h800.27+0.042%$3.0M$29.0M10xas long as short
StandX BNB-USD0.0000%1h800.47+0.066%$865K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDlongL +0.0008% / S −0.0007%1h799.94long leg$9.7M150x
Variational Omni BNB+0.0028%8h798.74−0.150%$4.2M$5.4Mas long as short
BingX BNB-USDT+0.0052%8h800.04+0.013%$34.8Mas long as short
Bybit BNBUSDT+0.0065%8h799.75−0.024%$139.0M$78.6M75xas long as short
Lighter BNB+0.0096%1h800.30+0.045%$2.8M$4.2M20xas long as short
Coinbase International BNB-PERP-INTX+0.0096%1h799.17−0.096%$605K$994K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0097%8h800.72+0.098%$6.3M$18.9M200xas long as short
Nado BNB-PERP+0.0100%1h799.64−0.037%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h800.12+0.023%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h799.80−0.018%$54.6M$113.6M50xas long as short
Arcus BNB-USD+0.0100%1h800.40+0.058%$53K$151K10xas long as short
Gate BNB_USDT+0.0100%8h799.70−0.030%$35.7M$59.1M75xas long as short
KuCoin BNBUSDTM+0.0100%8h799.940.000%$28.0M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h800.03+0.011%$80.7M$26.6M75xas long as short
edgeX BNBUSDC+0.0100%4h799.61−0.042%$4.2M$77.5M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h800.21+0.034%$161K$442K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h799.83−0.014%$121K$872K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h799.90−0.005%$387K$489K50xas long as short
Derive BNB-PERP+0.0100%1h800.14+0.025%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h800.52+0.073%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h800.10+0.020%$393K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h800.27+0.041%$8.2M$7.9M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h800.58+0.079%$78K$19K50xas long as short
Extended BNB-USDshort+0.0104%1h799.73−0.027%$1.9M$6.3M50x
Aevo BNB-PERP+0.0104%1h800.08+0.018%$384K$40K10xas long as short
Kalshi KXBNBPERP+0.0107%8h800.50+0.070%$110K$2.9M4.8xas long as short
MEXC BNB_USDT+0.0116%8h801.00+0.133%$83.2M$13.9M200xas long as short
Phemex BNBUSDT+0.0116%8h800.50+0.070%$70.0M$51.1M50xas long as short
Binance BNBUSDT+0.0117%8h800.74+0.099%$500.9M$818.3M75xas long as short
Phoenix BNB+0.0155%1h800.03+0.011%$172K$35K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h800.39+0.056%$1.6M$165K25xas long as short
Kraken Futures PF_BNBUSD+0.0207%1h799.91−0.004%$2.6M$965K50xas long as short
Hibachi BNB/USDT-P+0.0232%1h799.88−0.008%$71K$48K12xas long as short
BloFin BNB-USDT+0.0237%8h800.44+0.063%$18.3M$2.5M75xas long as short
Bulk BNB-USD+0.0298%1h800.20+0.033%$650K$21K10xas long as short
Injective BNB/USDC PERP+0.0311%1h805.09+0.644%$19K$789K30xas long as short
Hyperliquid BNB+0.0316%1h800.81+0.109%$51.8M$21.6M10xas long as short
RISEx BNB/USDC+0.0318%1h800.14+0.024%$1.1M$1.4M20xas long as short
01 Exchange BNBUSD+0.0320%1h800.82+0.110%$28K$1K10xas long as short
Reya BNBRUSDPERP+0.0332%1h799.52−0.053%$6K$3K40xas long as short
dYdX BNB-USD+0.0359%1h799.99+0.006%$161K$62K10xas long as short
Backpack BNB_USDC_PERP+0.0561%1h800.88+0.118%$2.7M$5.7M40xas long as short