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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.022%
Price spread now: gTrade (Gains Network) against Variational Omni+0.067%7-day average +0.031% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.022%−$2 on $10k
Price spread, last 3 days (all we have)−0.078%−$8 · spread now +0.067%, 7d avg +0.031%
Together, before fees−0.100%+ Points / potential airdropVariational Omni: Active · farm board−$10 on $10k · with fees, hour by hour
The price spread pays, funding is against you. gTrade (Gains Network) is 0.036% dearer against Variational Omni than usual: you sell high and buy low (spread +0.067% now, against its 7-day average of +0.031%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni BNB803.610.0048pay 0.0048% / 8h2h 04m$4.1M$5.3M
ShortgTrade (Gains Network) BNB/USD804.15L +0.0008% / S −0.0007%get 0.0001% / 1h4m 08s$9.8M150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Variational Omni. 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
−$8.47
Price spread: +0.067% → +0.031%
$3.64
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$14.82
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; gTrade (Gains Network): virtual book (oracle venue), 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 5 min ago3.33 bpdoesn't fit6.4 bp −$64doesn't fitdoesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 5 min ago130.01 bp135.0 bp −$135135.0 bp −$1,350484.2 bp −$48.4K3301.4 bp −$1.65M

BNB on 46 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0195% / S +0.0371%1h804.06+0.055%$49K200xas long as short
Hotstuff BNB-PERP−0.0080%1h804.48+0.108%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h805.17+0.194%$3.0M$29.5M10xas long as short
Kalshi KXBNBPERP0.0000%8h804.90+0.160%$114K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h804.15+0.067%$869K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDshortL +0.0008% / S −0.0007%1h804.15+0.067%$9.8M150x
Kraken Futures PF_BNBUSD+0.0038%1h804.16+0.067%$2.5M$928K50xas long as short
Variational Omni BNBlong+0.0048%8h803.61long leg$4.1M$5.3M
BingX BNB-USDT+0.0056%8h804.69+0.134%$34.5Mas long as short
Bybit BNBUSDT+0.0079%8h804.30+0.085%$139.6M$81.7M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0088%1h805.15+0.191%$608K$880K50xas long as short
Lighter BNB+0.0096%1h804.36+0.093%$2.8M$4.2M20xas long as short
Aster BNBUSDT+0.0099%8h804.80+0.148%$6.4M$18.8M200xas long as short
Nado BNB-PERP+0.0100%1h803.83+0.027%$1.5M$2.8M20xas long as short
Pacifica BNB+0.0100%1h804.32+0.088%$1.2M$924K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h804.50+0.110%$55.1M$116.1M50xas long as short
Arcus BNB-USD+0.0100%1h804.60+0.123%$53K$170K10xas long as short
Gate BNB_USDT+0.0100%8h804.40+0.098%$36.1M$59.2M75xas long as short
KuCoin BNBUSDTM+0.0100%8h804.05+0.054%$28.1M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h804.26+0.080%$78.9M$24.8M75xas long as short
edgeX BNBUSDC+0.0100%4h805.38+0.219%$4.2M$76.4M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h804.72+0.138%$159K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h804.01+0.049%$116K$873K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h804.17+0.069%$389K$592K50xas long as short
Derive BNB-PERP+0.0100%1h804.38+0.096%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h804.77+0.144%$13K$1.7M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h804.66+0.131%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h804.20+0.073%$8.2M$7.5M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h804.87+0.156%$79K$19K50xas long as short
Extended BNB-USD+0.0104%1h803.74+0.016%$1.9M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h804.39+0.097%$386K$40K10xas long as short
MEXC BNB_USDT+0.0114%8h805.00+0.172%$84.5M$13.7M200xas long as short
Binance BNBUSDT+0.0115%8h805.19+0.196%$520.2M$806.3M75xas long as short
Phoenix BNB+0.0125%1h805.62+0.250%$173K$35K10xas long as short
Phemex BNBUSDT+0.0138%8h804.77+0.144%$70.2M$51.8M50xas long as short
SoDEX BNB-USD+0.0189%1h804.20+0.073%$396K$1.0M10xas long as short
Hyperliquid BNB+0.0200%1h805.05+0.179%$51.8M$22.0M10xas long as short
RISEx BNB/USDC+0.0209%1h804.40+0.098%$1.1M$1.4M20xas long as short
dYdX BNB-USD+0.0231%1h804.12+0.063%$170K$55K10xas long as short
BloFin BNB-USDT+0.0235%8h804.75+0.141%$18.9M$3.1M75xas long as short
Hibachi BNB/USDT-P+0.0256%1h804.23+0.077%$71K$48K12xas long as short
Bulk BNB-USD+0.0258%1h805.37+0.219%$651K$14K10xas long as short
Reya BNBRUSDPERP+0.0334%1h803.77+0.020%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0344%1h804.99+0.171%$28K$1K10xas long as short
Injective BNB/USDC PERP+0.0353%1h804.89+0.159%$19K$627K30xas long as short
Backpack BNB_USDC_PERP+0.0655%1h805.48+0.232%$3.0M$5.5M40xas long as short