Funding you earn now, next payment 07:00 UTC−0.0093%/8h= −10.2% APRnext payment −$0.12 per $10,000 · paid last 24h −0.032%
Price spread now: gTrade (Gains Network) against SoDEX−0.010%7-day average −0.024% · 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−$278as in the Price arb table
costs, in and out, $10k−$2802.799% of the position
Funding, last 3 days (all we have)−0.106%−$11 on $10k
+Price spread, last 4 days (all we have)+0.019%+$2 · spread now −0.010%, 7d avg −0.024%
=The price spread sits at its 7-day average of −0.024%, 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 | SoDEX BNB-USD | 786.80 | 0.0100 | pay 0.0013% / 1h | 42m 28s | $387K | $984K | 10x |
| Short | gTrade (Gains Network) BNB/USD | 786.72 | L +0.0007% / S −0.0007% | get 0.0001% / 1h | 42m 28s | $9.5M | — | 150x |
SoDEX BNB-USD
gTrade (Gains Network) BNB/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against SoDEX. 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
- −$19.49
- Price spread: −0.010% → −0.024%
- $1.43
- Slippage, 4 orders
- −$261.92
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$297.97
- Costs to cover
- 2.799%
- Break-even
- never at this rate
Slippage from SoDEX: live order book, 11 min ago; gTrade (Gains Network): virtual book (oracle venue), 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 SoDEX live order book, 11 min ago | 0.63 bp | 4.6 bp −$5 | 8.6 bp −$86 | 75.0 bp −$7,497 | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 2 min ago | 130.01 bp | 135.0 bp −$135 | 135.0 bp −$1,350 | 484.2 bp −$48.4K | 3301.4 bp −$1.65M |
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 | 786.72 | −0.010% | $43K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 787.13 | +0.042% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 787.37 | +0.072% | $849K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USDshort | L +0.0007% / S −0.0007% | 1h | 786.72 | −0.010% | $9.5M | — | 150x | |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.325% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0049% | 8h | 786.81 | +0.001% | $6.0M | $19.0M | 200x | as long as short |
| BingX BNB-USDT | +0.0053% | 8h | 786.44 | −0.046% | — | $22.2M | — | as long as short |
| dYdX BNB-USD | +0.0064% | 1h | 786.47 | −0.042% | $159K | $62K | 10x | as long as short |
| MEXC BNB_USDT | +0.0066% | 8h | 787.20 | +0.051% | $81.0M | $12.0M | 200x | as long as short |
| Binance BNBUSDT | +0.0066% | 8h | 786.81 | +0.001% | $490.2M | $816.5M | 75x | 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
dYdX BNB-USD
MEXC BNB_USDT
Binance BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex BNBUSDT | +0.0076% | 8h | 787.24 | +0.056% | $68.9M | $50.9M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0080% | 1h | 786.88 | +0.010% | $568K | $1.9M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 786.38 | −0.053% | $2.7M | $3.8M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 786.70 | −0.013% | $1.4M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 786.50 | −0.038% | $1.2M | $933K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 786.29 | −0.065% | $138.4M | $75.3M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 786.20 | −0.076% | $53.5M | $113.0M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 786.50 | −0.038% | $52K | $129K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 786.30 | −0.064% | $37.2M | $58.9M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 786.32 | −0.061% | $27.7M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 786.08 | −0.092% | $76.1M | $31.1M | 75x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 785.91 | −0.113% | $4.0M | $4.8M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 786.84 | +0.005% | $4.1M | $76.1M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 786.27 | −0.067% | $158K | $437K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 786.22 | −0.074% | $131K | $949K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 786.76 | −0.005% | $265K | $470K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 786.95 | +0.019% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 787.35 | +0.070% | $13K | $1.5M | 50x | as long as short |
| SoDEX BNB-USDlong | +0.0100% | 1h | 786.80 | long leg | $387K | $984K | 10x | |
| HTX BNB-USDT | +0.0100% | 8h | 786.79 | −0.001% | $8.0M | $10.2M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0101% | 8h | 786.69 | −0.014% | $76K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 785.88 | −0.117% | $1.8M | $6.1M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 786.73 | −0.009% | $378K | $110K | 10x | as long as short |
| Backpack BNB_USDC_PERP | +0.0109% | 1h | 787.00 | +0.025% | $2.2M | $6.1M | 40x | as long as short |
| Hyperliquid BNB | +0.0114% | 1h | 786.88 | +0.010% | $51.5M | $17.7M | 10x | as long as short |
| Phoenix BNB | +0.0135% | 1h | 786.68 | −0.015% | $169K | $35K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0140% | 8h | 787.10 | +0.038% | $170K | $2.7M | 4.8x | as long as short |
| BloFin BNB-USDT | +0.0187% | 8h | 787.15 | +0.044% | $17.8M | $2.2M | 75x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 787.14 | +0.043% | $1.5M | $143K | 25x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0206% | 1h | 786.45 | −0.045% | $2.5M | $1.2M | 50x | as long as short |
| GRVT BNB_USDT_Perp | +0.0227% | 8h | 787.04 | +0.031% | $2.9M | $29.5M | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0256% | 1h | 786.83 | +0.004% | $28K | $4K | 10x | as long as short |
| Bulk BNB-USD | +0.0305% | 1h | 787.08 | +0.036% | $638K | $4K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0322% | 1h | 786.06 | −0.094% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0438% | 1h | 786.56 | −0.030% | $1.1M | $914K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0552% | 1h | 787.00 | +0.025% | $67K | $39K | 12x | as long as short |
Phemex BNBUSDT
Coinbase International BNB-PERP-INTX
Lighter BNB
Nado BNB-PERP
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Backpack BNB_USDC_PERP
Hyperliquid BNB
Phoenix BNB
Kalshi KXBNBPERP
BloFin BNB-USDT
Deribit BNB_USDC-PERPETUAL
Kraken Futures PF_BNBUSD
GRVT BNB_USDT_Perp
01 Exchange BNBUSD
Bulk BNB-USD
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P