BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0044%/8h= +4.8% APRnext payment +$0.44 per $10,000 · paid last 24h −0.030%

Price spread now: GRVT against Bitget+0.045%7-day average +0.142% · you sell dearer than you buy

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$240.235% of the position

Long on Bitget Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.022%+$2 on $10k

Price spread, last 7 days+0.030%+$3 · spread now +0.045%, 7d avg +0.142%

Together, before fees+0.052%+ Points / potential airdropGRVT: Active · farm board+$5 on $10k · with fees, hour by hour

Funding pays, the price is against you. GRVT is 0.097% cheaper against Bitget than usual: you would sell low and buy high (spread +0.045% now, against its 7-day average of +0.142%). If the spread goes back, that is −$10 on $10k: about 7.3 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.022% in total) that is about 31 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BNBUSDT	791.18	0.0100	pay 0.0100% / 8h	5h 18m	$77.0M	$29.9M	75x
Short	GRVT BNB_USDT_Perp	791.54	0.0144	get 0.0144% / 8h	5h 18m	$3.0M	$28.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Bitget. 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

Position, each leg$Hold fordaysFee BitgetbpFee GRVTbpOrdersPrice spread, now +0.045%Rate

Funding earned: $9.24
Price spread: +0.045% → +0.142%: −$9.69
Slippage, 4 orders: −$2.5
Fee Bitget: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$23.95
Costs to cover: 0.235%
Break-even: 25.1 days

Slippage from Bitget: live order book, 5 min ago; GRVT: live order book, 5 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, 5 min ago	0.06 bp	6.6 bp −$7	10.3 bp −$103	19.5 bp −$1,954	doesn't fit
Sell GRVT live order book, 5 min ago	0.06 bp	5.5 bp −$6	7.6 bp −$76	doesn't fit	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 −0.0167% / S +0.0335%	1h	791.48	+0.038%	$46K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	791.73	+0.070%	$4K	$239	25x	as long as short
StandX BNB-USD	0.0000%	1h	792.75	+0.198%	$857K	$3.1M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	791.51	+0.042%	$9.7M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.758%	$19K	$789K	30x	as long as short
Coinbase International BNB-PERP-INTX	+0.0048%	1h	792.03	+0.107%	$615K	$1.8M	50x	as long as short
Aster BNBUSDT	+0.0052%	8h	792.10	+0.116%	$6.2M	$18.7M	200x	as long as short
Phemex BNBUSDT	+0.0054%	8h	792.11	+0.118%	$69.4M	$50.6M	50x	as long as short
BingX BNB-USDT	+0.0061%	8h	791.70	+0.066%	—	$34.3M	—	as long as short
MEXC BNB_USDT	+0.0076%	8h	792.50	+0.167%	$80.5M	$12.5M	200x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BNBUSDT	+0.0076%	8h	792.04	+0.108%	$494.8M	$795.9M	75x	as long as short
Kraken Futures PF_BNBUSD	+0.0091%	1h	791.40	+0.028%	$2.5M	$1.2M	50x	as long as short
Lighter BNB	+0.0096%	1h	791.73	+0.070%	$2.8M	$3.9M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	791.59	+0.052%	$266K	$498K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	791.25	+0.009%	$1.5M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	792.05	+0.110%	$52.0M	$17.6M	10x	as long as short
Pacifica BNB	+0.0100%	1h	791.60	+0.053%	$1.2M	$908K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	791.40	+0.028%	$139.3M	$77.1M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	791.30	+0.015%	$53.7M	$111.8M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	791.60	+0.053%	$52K	$130K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	791.40	+0.028%	$35.4M	$57.2M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	791.40	+0.028%	$27.8M	$10.3M	75x	as long as short
Bitget BNBUSDTlong	+0.0100%	8h	791.18	long leg	$77.0M	$29.9M	75x
Backpack BNB_USDC_PERP	+0.0100%	1h	791.82	+0.081%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	791.30	+0.016%	$4.1M	$4.6M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	792.18	+0.126%	$4.1M	$75.5M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	792.28	+0.139%	$159K	$440K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	791.36	+0.023%	$134K	$949K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	791.77	+0.074%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	792.01	+0.105%	$12K	$1.6M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	791.70	+0.066%	$389K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	791.35	+0.021%	$8.1M	$9.2M	75x	as long as short
Paradex BNB-USD-PERP	+0.0102%	8h	792.05	+0.110%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	791.14	−0.005%	$1.8M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	791.52	+0.043%	$380K	$110K	10x	as long as short
Phoenix BNB	+0.0107%	1h	792.03	+0.107%	$170K	$35K	10x	as long as short
GRVT BNB_USDT_Perpshort	+0.0144%	8h	791.54	+0.045%	$3.0M	$28.0M	10x
Kalshi KXBNBPERP	+0.0188%	8h	791.90	+0.091%	$83K	$2.8M	4.8x	as long as short
BloFin BNB-USDT	+0.0196%	8h	791.81	+0.080%	$18.1M	$2.2M	75x	as long as short
dYdX BNB-USD	+0.0220%	1h	791.12	−0.007%	$160K	$63K	10x	as long as short
01 Exchange BNBUSD	+0.0296%	1h	791.94	+0.096%	$28K	$4K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	792.02	+0.106%	$1.5M	$143K	25x	as long as short
Reya BNBRUSDPERP	+0.0327%	1h	791.18	0.000%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0361%	1h	791.70	+0.066%	$1.1M	$1.0M	20x	as long as short
Bulk BNB-USD	+0.0403%	1h	790.49	−0.087%	$640K	$6K	10x	as long as short
Hibachi BNB/USDT-P	+0.0600%	1h	791.67	+0.062%	$68K	$38K	12x	as long as short