Funding you earn now, next payment 07:00 UTC+0.0089%/8h= +9.7% APRnext payment +$0.11 per $10,000 · paid last 24h +0.026%
Price spread now: Lighter against gTrade (Gains Network)+0.044%101s7-day average +0.025% · 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−$2732.733% of the position
Funding, last 3 days (all we have)+0.089%+$9 on $10k
+Price spread, last 7 days−0.034%−$3 · spread now +0.044%, 7d avg +0.025%
=Together, before fees+0.055%+ Points / potential airdropLighter: Season 3 · farm board+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.025%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 101 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 | 787.52 | L +0.0007% / S −0.0007% | pay 0.0001% / 1h | 21m 35s | $9.5M | — | 150x |
| Short | Lighter BNB | 787.87 | 0.0096 | get 0.0012% / 1h | 21m 35s | $2.7M | $3.8M | 20x |
gTrade (Gains Network) BNB/USD
Lighter BNBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $18.59
- Price spread: +0.044% → +0.025%
- $1.91
- Slippage, 4 orders
- −$263.29
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$252.79
- Costs to cover
- 2.733%
- Break-even
- 102.2 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 3 min ago; Lighter: live order book, 6 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 | 130.00 bp | 135.0 bp −$135 | 135.0 bp −$1,350 | 416.8 bp −$41.7K | 2253.7 bp −$1.13M |
| Sell Lighter live order book, 6 min ago | 0.75 bp | 1.9 bp −$2 | 4.3 bp −$43 | 12.5 bp −$1,254 | 65.6 bp −$32.8K |
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 −0.0170% / S +0.0337% | 1h | 787.25 | −0.033% | $43K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 787.81 | +0.037% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 788.06 | +0.069% | $850K | $2.8M | 30x | as long as short |
| gTrade (Gains Network) BNB/USDlong | L +0.0007% / S −0.0007% | 1h | 787.52 | long leg | $9.5M | — | 150x | |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.231% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0051% | 8h | 788.29 | +0.098% | $6.1M | $18.8M | 200x | as long as short |
| BingX BNB-USDT | +0.0051% | 8h | 787.93 | +0.052% | — | $22.3M | — | as long as short |
| Binance BNBUSDT | +0.0063% | 8h | 788.31 | +0.101% | $491.0M | $818.6M | 75x | as long as short |
| MEXC BNB_USDT | +0.0063% | 8h | 789.00 | +0.188% | $81.2M | $12.1M | 200x | as long as short |
| dYdX BNB-USD | +0.0066% | 1h | 787.95 | +0.055% | $160K | $62K | 10x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
StandX BNB-USD
Injective BNB/USDC PERP
Aster BNBUSDT
BingX BNB-USDT
Binance BNBUSDT
MEXC BNB_USDT
dYdX BNB-USDShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex BNBUSDT | +0.0077% | 8h | 787.76 | +0.031% | $68.9M | $51.1M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0080% | 1h | 787.30 | −0.028% | $568K | $1.9M | 50x | as long as short |
| Lighter BNBshort | +0.0096% | 1h | 787.87 | +0.044% | $2.7M | $3.8M | 20x | |
| Nado BNB-PERP | +0.0100% | 1h | 787.65 | +0.017% | $1.4M | $2.7M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 788.55 | +0.131% | $51.6M | $17.7M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 788.04 | +0.066% | $1.2M | $933K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 787.60 | +0.010% | $138.6M | $75.1M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 787.60 | +0.010% | $53.6M | $113.3M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 788.00 | +0.061% | $52K | $129K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 787.75 | +0.029% | $37.6M | $59.3M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 787.45 | −0.009% | $27.7M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 787.56 | +0.005% | $76.2M | $31.2M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 787.67 | +0.019% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 787.71 | +0.025% | $4.1M | $4.8M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 788.00 | +0.061% | $4.1M | $76.3M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 787.70 | +0.023% | $159K | $437K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 787.20 | −0.040% | $132K | $951K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 787.17 | −0.044% | $265K | $470K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 786.03 | −0.189% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 787.70 | +0.023% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 787.30 | −0.028% | $387K | $980K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 787.64 | +0.015% | $1.5M | $145K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 787.92 | +0.052% | $8.0M | $10.2M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0101% | 8h | 788.36 | +0.107% | $78K | $18K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 787.46 | −0.007% | $1.8M | $6.0M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 787.12 | −0.050% | $378K | $110K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0132% | 8h | 787.80 | +0.036% | $170K | $2.7M | 4.8x | as long as short |
| Phoenix BNB | +0.0135% | 1h | 788.01 | +0.062% | $169K | $35K | 10x | as long as short |
| BloFin BNB-USDT | +0.0184% | 8h | 788.03 | +0.065% | $17.7M | $2.2M | 75x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0206% | 1h | 786.95 | −0.072% | $2.5M | $1.2M | 50x | as long as short |
| GRVT BNB_USDT_Perp | +0.0230% | 8h | 788.19 | +0.086% | $2.9M | $29.6M | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0248% | 1h | 788.28 | +0.097% | $28K | $4K | 10x | as long as short |
| Bulk BNB-USD | +0.0262% | 1h | 788.32 | +0.102% | $639K | $4K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0322% | 1h | 787.06 | −0.058% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0438% | 1h | 787.61 | +0.011% | $1.1M | $915K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0512% | 1h | 787.97 | +0.057% | $67K | $39K | 12x | as long as short |
Phemex BNBUSDT
Coinbase International BNB-PERP-INTX
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
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
Phoenix BNB
BloFin BNB-USDT
Kraken Futures PF_BNBUSD
GRVT BNB_USDT_Perp
01 Exchange BNBUSD
Bulk BNB-USD
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P