Funding you earn now, next payment 08:00 UTC−0.0241%/8h= −26.4% APRnext payment −$0.30 per $10,000 · paid last 24h −0.083%
Price spread now: gTrade (Gains Network) against 01 Exchange−0.084%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and gTrade (Gains Network) is 0.084% cheaper against 01 Exchange than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange BNBUSD | 785.82 | 0.0248 | pay 0.0031% / 1h | 13m 30s | $28K | $4K | 10x |
| Short | gTrade (Gains Network) BNB/USD | 785.16 | L +0.0007% / S −0.0007% | get 0.0001% / 1h | 13m 30s | $9.5M | — | 150x |
01 Exchange BNBUSD
gTrade (Gains Network) BNB/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against 01 Exchange. 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
- −$50.57
- Price spread: −0.084% → 0.000%
- −$8.37
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$75.94
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: 01 Exchange: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 1 min ago. Net counts fees only.
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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell gTrade (Gains Network) virtual book (oracle venue), 1 min ago | 130.01 bp | 135.0 bp −$135 | 135.0 bp −$1,350 | 484.2 bp −$48.4K | 3301.4 bp −$1.65M |
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 −0.0168% / S +0.0337% | 1h | 784.52 | −0.166% | $43K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 784.94 | −0.112% | $4K | $42 | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0050% | 1h | 785.01 | −0.103% | $2.5M | $1.2M | 50x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 785.30 | −0.066% | $170K | $2.7M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 785.34 | −0.061% | $847K | $2.7M | 30x | as long as short |
| gTrade (Gains Network) BNB/USDshort | L +0.0007% / S −0.0007% | 1h | 785.16 | −0.084% | $9.5M | — | 150x | |
| Aster BNBUSDT | +0.0033% | 8h | 785.79 | −0.003% | $6.0M | $18.7M | 200x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.452% | $19K | $789K | 30x | as long as short |
| BingX BNB-USDT | +0.0038% | 8h | 785.26 | −0.071% | — | $22.1M | — | as long as short |
| MEXC BNB_USDT | +0.0048% | 8h | 786.30 | +0.061% | $80.9M | $12.0M | 200x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
Kraken Futures PF_BNBUSD
Kalshi KXBNBPERP
StandX BNB-USD
Aster BNBUSDT
Injective BNB/USDC PERP
BingX BNB-USDT
MEXC BNB_USDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNBUSDT | +0.0048% | 8h | 785.72 | −0.013% | $488.5M | $814.1M | 75x | as long as short |
| Phemex BNBUSDT | +0.0075% | 8h | 785.68 | −0.018% | $68.6M | $51.0M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 785.31 | −0.065% | $2.7M | $3.8M | 20x | as long as short |
| Phoenix BNB | +0.0100% | 1h | 785.66 | −0.020% | $158K | $35K | 10x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 784.90 | −0.117% | $1.4M | $2.7M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 785.73 | −0.011% | $51.5M | $17.7M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 785.45 | −0.047% | $1.2M | $938K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 785.00 | −0.104% | $138.1M | $74.0M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 785.00 | −0.104% | $53.4M | $111.8M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 785.40 | −0.053% | $52K | $125K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 785.15 | −0.085% | $38.3M | $58.6M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 784.92 | −0.115% | $27.6M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 784.85 | −0.123% | $75.3M | $32.5M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 785.52 | −0.038% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 784.43 | −0.177% | $4.0M | $4.7M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 785.04 | −0.099% | $4.1M | $76.7M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 785.13 | −0.088% | $158K | $437K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 785.07 | −0.095% | $131K | $942K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 785.20 | −0.079% | $264K | $388K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 785.17 | −0.083% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 785.37 | −0.057% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 785.20 | −0.079% | $386K | $964K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 785.18 | −0.081% | $8.0M | $10.4M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 785.72 | −0.012% | $78K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 784.76 | −0.135% | $1.8M | $5.8M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 785.21 | −0.078% | $377K | $110K | 10x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0104% | 1h | 785.03 | −0.101% | $545K | $1.9M | 50x | as long as short |
| dYdX BNB-USD | +0.0117% | 1h | 784.99 | −0.106% | $159K | $62K | 10x | as long as short |
| BloFin BNB-USDT | +0.0168% | 8h | 785.06 | −0.097% | $17.7M | $2.2M | 75x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 785.54 | −0.036% | $1.5M | $141K | 25x | as long as short |
| GRVT BNB_USDT_Perp | +0.0216% | 8h | 785.20 | −0.079% | $2.9M | $28.2M | 10x | as long as short |
| Bulk BNB-USD | +0.0231% | 1h | 784.93 | −0.113% | $636K | $831 | 10x | as long as short |
| 01 Exchange BNBUSDlong | +0.0248% | 1h | 785.82 | long leg | $28K | $4K | 10x | |
| Reya BNBRUSDPERP | +0.0320% | 1h | 784.93 | −0.114% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0350% | 1h | 785.44 | −0.049% | $1.1M | $909K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0448% | 1h | 785.00 | −0.105% | $67K | $39K | 12x | as long as short |
Binance BNBUSDT
Phemex BNBUSDT
Lighter BNB
Phoenix BNB
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
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Coinbase International BNB-PERP-INTX
dYdX BNB-USD
BloFin BNB-USDT
Deribit BNB_USDC-PERPETUAL
GRVT BNB_USDT_Perp
Bulk BNB-USD
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P