Funding you earn now, next payment 08:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.72 per $10,000 · paid last 24h +0.038%
Price spread now: BloFin against Bitget+0.250%105s7-day average +0.124% · you sell dearer than you buy
Net, funding: paid 7d − costs−$5as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$260.263% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 4 days (all we have)−0.189%−$19 · spread now +0.250%, 7d avg +0.124%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.126% dearer against Bitget than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.124%. The two prices were read 105 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 | Bitget BNBUSDT | 784.38 | 0.0100 | pay 0.0100% / 8h | 2h 41m | $75.9M | $30.7M | 75x |
| Short | BloFin BNB-USDT | 786.34 | 0.0172 | get 0.0172% / 8h | 2h 41m | $17.7M | $2.2M | 75x |
Bitget BNBUSDT
BloFin BNB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $15.1
- Price spread: +0.250% → +0.124%
- $12.56
- Slippage, 4 orders
- −$2.34
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $1.32
- Costs to cover
- 0.263%
- Break-even
- 6.4 days
Slippage from Bitget: live order book, 3 min ago; BloFin: live order book, 3 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, 3 min ago | 0.06 bp | 7.0 bp −$7 | 9.5 bp −$95 | 22.9 bp −$2,286 | doesn't fit |
| Sell BloFin live order book, 3 min ago | 0.13 bp | 6.1 bp −$6 | 7.7 bp −$77 | 12.3 bp −$1,231 | 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 −0.0192% / S +0.0356% | 1h | 784.63 | +0.032% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 785.77 | +0.177% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 786.08 | +0.217% | $848K | $3.1M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 784.70 | +0.040% | $9.5M | — | 150x | as long as short |
| Aster BNBUSDT | +0.0028% | 8h | 785.37 | +0.126% | $6.1M | $18.9M | 200x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.640% | $19K | $789K | 30x | as long as short |
| BingX BNB-USDC | +0.0039% | 8h | 785.05 | +0.085% | — | $13.4M | — | as long as short |
| MEXC BNB_USDT | +0.0051% | 8h | 785.60 | +0.156% | $79.6M | $11.8M | 200x | as long as short |
| Binance BNBUSDT | +0.0052% | 8h | 785.39 | +0.129% | $489.2M | $805.1M | 75x | as long as short |
| Phemex BNBUSDT | +0.0053% | 8h | 785.87 | +0.190% | $68.8M | $50.6M | 50x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Aster BNBUSDT
Injective BNB/USDC PERP
BingX BNB-USDC
MEXC BNB_USDT
Binance BNBUSDT
Phemex BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX BNB-USD | +0.0058% | 1h | 785.04 | +0.085% | $159K | $61K | 10x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0069% | 1h | 785.23 | +0.108% | $2.5M | $1.2M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0080% | 1h | 787.46 | +0.393% | $578K | $1.9M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 785.24 | +0.110% | $2.7M | $3.8M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 785.52 | +0.145% | $264K | $489K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 784.70 | +0.041% | $1.4M | $2.7M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 785.34 | +0.122% | $51.5M | $17.4M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 785.17 | +0.101% | $1.2M | $933K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 784.80 | +0.054% | $137.7M | $74.3M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 784.70 | +0.041% | $53.3M | $111.6M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 785.10 | +0.092% | $52K | $129K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 784.80 | +0.054% | $36.1M | $58.1M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 784.58 | +0.025% | $27.5M | $10.2M | 75x | as long as short |
| Bitget BNBUSDTlong | +0.0100% | 8h | 784.38 | long leg | $75.9M | $30.7M | 75x | |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 785.82 | +0.184% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 786.41 | +0.259% | $4.1M | $4.6M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 786.49 | +0.269% | $4.1M | $74.5M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 786.30 | +0.245% | $158K | $439K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 784.65 | +0.034% | $131K | $951K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 785.67 | +0.164% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 785.73 | +0.172% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 785.50 | +0.143% | $386K | $996K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 785.28 | +0.115% | $8.0M | $9.9M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 785.27 | +0.114% | $76K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 784.50 | +0.015% | $1.8M | $6.3M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 785.44 | +0.136% | $377K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0107% | 1h | 787.15 | +0.353% | $169K | $35K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0135% | 8h | 786.20 | +0.232% | $122K | $2.7M | 4.8x | as long as short |
| BloFin BNB-USDTshort | +0.0172% | 8h | 786.34 | +0.250% | $17.7M | $2.2M | 75x | |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 785.84 | +0.186% | $1.5M | $143K | 25x | as long as short |
| GRVT BNB_USDT_Perp | +0.0202% | 8h | 787.62 | +0.414% | $2.9M | $29.3M | 10x | as long as short |
| Bulk BNB-USD | +0.0256% | 1h | 786.23 | +0.236% | $637K | $10K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0296% | 1h | 785.40 | +0.130% | $28K | $4K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0323% | 1h | 784.51 | +0.017% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0432% | 1h | 785.23 | +0.108% | $1.1M | $907K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0464% | 1h | 785.71 | +0.169% | $67K | $39K | 12x | as long as short |
dYdX BNB-USD
Kraken Futures PF_BNBUSD
Coinbase International BNB-PERP-INTX
Lighter BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
Kalshi KXBNBPERP
Deribit BNB_USDC-PERPETUAL
GRVT BNB_USDT_Perp
Bulk BNB-USD
01 Exchange BNBUSD
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P