BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0008%/8h= −0.8% APRnext payment −$0.08 per $10,000 · paid last 24h +0.009%

Price spread now: Gate against Bybit−0.013%7-day average +0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$320.321% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.055%+$6 on $10k

Price spread, last 7 days+0.017%+$2 · spread now −0.013%, 7d avg +0.016%

Together, before fees+0.072%+$7 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.029% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BNBUSDT	798.35	0.0006	pay 0.0006% / 8h	7h 20m	$138.6M	$76.3M	75x
Short	Gate BNB_USDT	798.25	−0.0002	pay 0.0002% / 8h	7h 20m	$35.9M	$56.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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 BybitbpFee GatebpOrdersPrice spread, now −0.013%Rate

Funding earned: −$1.61
Price spread: −0.013% → +0.016%: −$2.86
Slippage, 4 orders: −$6.09
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$36.56
Costs to cover: 0.321%
Break-even: never at this rate

Slippage from Bybit: live order book, 4 min ago; Gate: live order book, 4 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 Bybit live order book, 4 min ago	0.63 bp	6.9 bp −$7	8.8 bp −$88	24.5 bp −$2,453	144.1 bp −$72.1K
Sell Gate live order book, 4 min ago	0.31 bp	10.0 bp −$10	14.1 bp −$141	27.1 bp −$2,709	55.9 bp −$27.9K

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 −0.0159% / S +0.0335%	1h	798.39	+0.005%	$47K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0121%	1h	798.48	+0.016%	$2.5M	$1.0M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	798.54	+0.024%	$4K	$239	25x	as long as short
BingX BNB-USDC	−0.0007%	8h	798.43	+0.010%	—	$13.4M	—	as long as short
Gate BNB_USDTshort	−0.0002%	8h	798.25	−0.013%	$35.9M	$56.8M	75x
GRVT BNB_USDT_Perp	0.0000%	8h	800.63	+0.286%	$3.0M	$27.7M	10x	as long as short
StandX BNB-USD	0.0000%	1h	799.19	+0.105%	$864K	$2.9M	30x	as long as short
Variational Omni BNB	+0.0004%	8h	797.72	−0.079%	$4.1M	$5.0M	—	as long as short
Bybit BNBUSDTlong	+0.0006%	8h	798.35	long leg	$138.6M	$76.3M	75x
Phemex BNBUSDT	+0.0006%	8h	799.12	+0.096%	$69.8M	$50.2M	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	798.43	+0.010%	$9.7M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+0.844%	$19K	$789K	30x	as long as short
Coinbase International BNB-PERP-INTX	+0.0048%	1h	799.07	+0.090%	$615K	$1.1M	50x	as long as short
Aster BNBUSDT	+0.0055%	8h	798.89	+0.068%	$6.2M	$19.4M	200x	as long as short
Binance BNBUSDT	+0.0076%	8h	798.80	+0.056%	$495.9M	$811.5M	75x	as long as short
MEXC BNB_USDT	+0.0077%	8h	799.40	+0.132%	$83.1M	$13.7M	200x	as long as short
Lighter BNB	+0.0096%	1h	798.74	+0.049%	$2.8M	$4.0M	20x	as long as short
Phoenix BNB	+0.0099%	1h	799.13	+0.098%	$172K	$36K	10x	as long as short
Nado BNB-PERP	+0.0100%	1h	797.85	−0.063%	$1.4M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	798.37	+0.003%	$1.2M	$924K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	798.50	+0.019%	$54.2M	$111.0M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	798.60	+0.031%	$53K	$133K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	798.47	+0.015%	$27.9M	$10.0M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	798.06	−0.036%	$78.2M	$28.1M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	800.04	+0.212%	$4.2M	$76.7M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	799.98	+0.204%	$161K	$436K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	798.15	−0.025%	$113K	$884K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	798.54	+0.024%	$386K	$459K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	798.64	+0.036%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	798.62	+0.034%	$13K	$1.7M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	798.70	+0.044%	$393K	$997K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	798.09	−0.032%	$8.2M	$8.3M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	798.75	+0.051%	$78K	$18K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	798.02	−0.041%	$1.8M	$6.0M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	798.57	+0.027%	$384K	$110K	10x	as long as short
Bulk BNB-USD	+0.0127%	1h	799.28	+0.116%	$649K	$10K	10x	as long as short
RISEx BNB/USDC	+0.0155%	1h	798.26	−0.011%	$1.1M	$1.4M	20x	as long as short
Kalshi KXBNBPERP	+0.0156%	8h	799.10	+0.094%	$90K	$2.8M	4.8x	as long as short
BloFin BNB-USDT	+0.0197%	8h	798.81	+0.058%	$18.0M	$2.6M	75x	as long as short
01 Exchange BNBUSD	+0.0200%	1h	798.82	+0.059%	$28K	$1K	10x	as long as short
dYdX BNB-USD	+0.0201%	1h	798.40	+0.006%	$161K	$63K	10x	as long as short
Hibachi BNB/USDT-P	+0.0256%	1h	799.00	+0.082%	$68K	$38K	12x	as long as short
Hyperliquid BNB	+0.0299%	1h	799.29	+0.118%	$53.1M	$20.3M	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	798.98	+0.079%	$1.6M	$161K	25x	as long as short
Reya BNBRUSDPERP	+0.0330%	1h	797.86	−0.061%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0411%	1h	799.63	+0.160%	$2.7M	$5.7M	40x	as long as short