Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.5% APRnext payment +$0.04 per $10,000 · paid last 24h +0.011%
Price spread now: Binance against Bitget+0.107%7-day average +0.130% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$250.245% of the position
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 7 days+0.017%+$2 · spread now +0.107%, 7d avg +0.130%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.023% cheaper against Bitget than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.130%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BNBUSDT | 797.96 | 0.0100 | pay 0.0100% / 8h | 11m 59s | $79.0M | $27.5M | 75x |
| Short | Binance BNBUSDT | 798.81 | 0.0104 | get 0.0104% / 8h | 11m 59s | $497.7M | $818.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- $0.91
- Price spread: +0.107% → +0.130%
- −$2.31
- Slippage, 4 orders
- −$2.52
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$25.93
- Costs to cover
- 0.245%
- Break-even
- 207.5 days
Slippage from Bitget: live order book, 2 min ago; Binance: live order book, 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 Bitget live order book, 2 min ago | 0.06 bp | 6.5 bp −$7 | 8.4 bp −$84 | 15.1 bp −$1,514 | doesn't fit |
| Sell Binance live order book, 2 min ago | 0.06 bp | 6.4 bp −$6 | 8.0 bp −$80 | 19.0 bp −$1,905 | doesn't fit |
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 −0.0201% / S +0.0372% | 1h | 798.44 | +0.061% | $47K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 798.73 | +0.096% | $4K | $1K | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0074% | 1h | 798.15 | +0.023% | $2.5M | $974K | 50x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 798.92 | +0.120% | $3.0M | $28.0M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 799.15 | +0.149% | $864K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 798.46 | +0.062% | $9.7M | — | 150x | as long as short |
| Variational Omni BNB | +0.0010% | 8h | 798.73 | +0.097% | $4.1M | $5.3M | — | as long as short |
| BingX BNB-USDT | +0.0033% | 8h | 798.35 | +0.049% | — | $34.7M | — | as long as short |
| Bybit BNBUSDT | +0.0039% | 8h | 798.30 | +0.043% | $138.6M | $76.8M | 75x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0072% | 1h | 798.77 | +0.102% | $604K | $983K | 50x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BNBUSDT | +0.0084% | 8h | 798.87 | +0.114% | $6.2M | $19.1M | 200x | as long as short |
| Lighter BNB | +0.0096% | 1h | 798.54 | +0.072% | $2.8M | $4.1M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 798.24 | +0.035% | $1.4M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 798.66 | +0.088% | $1.2M | $926K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 798.20 | +0.030% | $54.3M | $112.7M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 798.70 | +0.093% | $53K | $133K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 798.10 | +0.018% | $35.8M | $58.5M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 798.20 | +0.030% | $28.0M | $10.2M | 75x | as long as short |
| Bitget BNBUSDTlong | +0.0100% | 8h | 797.96 | long leg | $79.0M | $27.5M | 75x | |
| edgeX BNBUSDC | +0.0100% | 4h | 799.52 | +0.196% | $4.2M | $76.7M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 799.51 | +0.194% | $161K | $438K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 798.38 | +0.053% | $116K | $874K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 798.28 | +0.040% | $386K | $494K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 798.43 | +0.059% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 798.97 | +0.126% | $13K | $1.7M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 798.50 | +0.068% | $393K | $1.0M | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 798.74 | +0.097% | $1.6M | $165K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 798.64 | +0.086% | $8.2M | $8.0M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 799.07 | +0.139% | $78K | $19K | 50x | as long as short |
| Phemex BNBUSDT | +0.0101% | 8h | 798.80 | +0.105% | $69.9M | $50.7M | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 797.90 | −0.008% | $1.7M | $6.5M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 798.44 | +0.060% | $384K | $40K | 10x | as long as short |
| Binance BNBUSDTshort | +0.0104% | 8h | 798.81 | +0.107% | $497.7M | $818.3M | 75x | |
| MEXC BNB_USDT | +0.0105% | 8h | 799.20 | +0.155% | $83.0M | $13.6M | 200x | as long as short |
| Phoenix BNB | +0.0127% | 1h | 799.20 | +0.155% | $172K | $36K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0141% | 8h | 799.30 | +0.168% | $90K | $2.9M | 4.8x | as long as short |
| Hibachi BNB/USDT-P | +0.0168% | 1h | 798.81 | +0.107% | $70K | $43K | 12x | as long as short |
| Bulk BNB-USD | +0.0214% | 1h | 799.38 | +0.178% | $649K | $17K | 10x | as long as short |
| Hyperliquid BNB | +0.0221% | 1h | 799.08 | +0.140% | $52.4M | $21.2M | 10x | as long as short |
| BloFin BNB-USDT | +0.0225% | 8h | 798.80 | +0.105% | $18.1M | $2.5M | 75x | as long as short |
| RISEx BNB/USDC | +0.0258% | 1h | 798.52 | +0.070% | $1.1M | $1.4M | 20x | as long as short |
| 01 Exchange BNBUSD | +0.0280% | 1h | 798.99 | +0.129% | $28K | $1K | 10x | as long as short |
| Injective BNB/USDC PERP | +0.0306% | 1h | 805.09 | +0.894% | $19K | $789K | 30x | as long as short |
| Reya BNBRUSDPERP | +0.0331% | 1h | 798.07 | +0.014% | $6K | $3K | 40x | as long as short |
| dYdX BNB-USD | +0.0343% | 1h | 798.70 | +0.092% | $161K | $63K | 10x | as long as short |
| Backpack BNB_USDC_PERP | +0.0344% | 1h | 799.05 | +0.137% | $2.7M | $5.7M | 40x | as long as short |
Bitget BNBUSDT
Binance BNBUSDT
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
GRVT BNB_USDT_Perp
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Variational Omni BNB
BingX BNB-USDT
Bybit BNBUSDT
Coinbase International BNB-PERP-INTX
Aster BNBUSDT
Lighter BNB
Pacifica BNB
OKX BNB-USDT-SWAP
Gate BNB_USDT
KuCoin BNBUSDTM
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
Phemex BNBUSDT
Extended BNB-USD
MEXC BNB_USDT
Phoenix BNB
Kalshi KXBNBPERP
Bulk BNB-USD
Hyperliquid BNB
BloFin BNB-USDT
RISEx BNB/USDC
01 Exchange BNBUSD
Injective BNB/USDC PERP
Backpack BNB_USDC_PERP