Funding you earn now, next payment 00:00 UTC−0.0242%/8h= −26.5% APRpaid last 24h −0.104%
Price spread now: Gate against dYdX+0.008%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$570.571% of the position
Funding, last 7 days−0.477%−$48 on $10k
+Price spread, last 4 days (all we have)−0.022%−$2 · spread now +0.008%, 7d avg −0.015%
=The price spread pays, funding is against you. Gate is 0.023% dearer against dYdX than usual: you sell high and buy low (spread +0.008% now, against its 7-day average of −0.015%): +$2 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 8 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX BNB-USD | 798.04 | 0.0342 | pay 0.0043% / 1h | 9m 09s | $161K | $63K | 10x |
| Short | Gate BNB_USDT | 798.10 | 0.0100 | get 0.0100% / 8h | 9m 09s | $35.7M | $58.5M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against dYdX. 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
- −$50.85
- Price spread: +0.008% → −0.015%
- $2.3
- Slippage, 4 orders
- −$32.14
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$105.68
- Costs to cover
- 0.571%
- Break-even
- never at this rate
Slippage from dYdX: live order book, 5 min ago; Gate: 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 dYdX live order book, 5 min ago | 9.69 bp | 16.2 bp −$16 | 22.8 bp −$228 | 30.3 bp −$3,031 | 97.5 bp −$48.7K |
| Sell Gate live order book, 5 min ago | 0.31 bp | 8.7 bp −$9 | 10.8 bp −$108 | 26.9 bp −$2,691 | 58.1 bp −$29.1K |
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 | 798.38 | +0.044% | $47K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 798.89 | +0.107% | $4K | $1K | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0074% | 1h | 798.07 | +0.004% | $2.5M | $974K | 50x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 798.45 | +0.052% | $3.0M | $27.9M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 798.86 | +0.103% | $863K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 798.41 | +0.047% | $9.7M | — | 150x | as long as short |
| Variational Omni BNB | +0.0008% | 8h | 797.53 | −0.063% | $4.0M | $5.4M | — | as long as short |
| BingX BNB-USDC | +0.0033% | 8h | 798.34 | +0.038% | — | $13.4M | — | as long as short |
| Bybit BNBUSDT | +0.0037% | 8h | 797.90 | −0.017% | $138.5M | $76.8M | 75x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0072% | 1h | 798.14 | +0.013% | $601K | $984K | 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 | +0.0082% | 8h | 798.80 | +0.096% | $6.2M | $19.1M | 200x | as long as short |
| Lighter BNB | +0.0096% | 1h | 798.38 | +0.043% | $2.8M | $4.1M | 20x | as long as short |
| Phemex BNBUSDT | +0.0098% | 8h | 798.74 | +0.088% | $69.9M | $50.6M | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 797.87 | −0.020% | $1.4M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 798.36 | +0.040% | $1.2M | $925K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 797.90 | −0.017% | $54.3M | $112.6M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 798.40 | +0.046% | $52K | $133K | 10x | as long as short |
| Gate BNB_USDTshort | +0.0100% | 8h | 798.10 | +0.008% | $35.7M | $58.5M | 75x | |
| KuCoin BNBUSDTM | +0.0100% | 8h | 798.12 | +0.011% | $28.0M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 797.97 | −0.008% | $79.0M | $27.5M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 798.97 | +0.117% | $4.1M | $76.2M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 799.19 | +0.145% | $161K | $438K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 798.20 | +0.021% | $116K | $874K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 798.24 | +0.026% | $386K | $494K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 798.45 | +0.052% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 798.72 | +0.085% | $13K | $1.7M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 798.40 | +0.046% | $393K | $1.0M | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 798.76 | +0.091% | $1.6M | $165K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 798.55 | +0.065% | $8.2M | $8.0M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 798.68 | +0.081% | $78K | $19K | 50x | as long as short |
| Binance BNBUSDT | +0.0103% | 8h | 798.67 | +0.080% | $497.5M | $817.9M | 75x | as long as short |
| MEXC BNB_USDT | +0.0103% | 8h | 799.10 | +0.133% | $83.0M | $13.6M | 200x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 797.94 | −0.011% | $1.7M | $6.5M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 798.44 | +0.051% | $384K | $40K | 10x | as long as short |
| Phoenix BNB | +0.0127% | 1h | 799.20 | +0.146% | $172K | $36K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0145% | 8h | 798.90 | +0.108% | $90K | $2.9M | 4.8x | as long as short |
| Hibachi BNB/USDT-P | +0.0160% | 1h | 798.59 | +0.069% | $70K | $43K | 12x | as long as short |
| Bulk BNB-USD | +0.0191% | 1h | 798.83 | +0.099% | $649K | $17K | 10x | as long as short |
| BloFin BNB-USDT | +0.0223% | 8h | 798.84 | +0.101% | $18.1M | $2.5M | 75x | as long as short |
| Hyperliquid BNB | +0.0232% | 1h | 799.08 | +0.131% | $52.4M | $20.8M | 10x | as long as short |
| RISEx BNB/USDC | +0.0258% | 1h | 798.15 | +0.015% | $1.1M | $1.4M | 20x | as long as short |
| 01 Exchange BNBUSD | +0.0272% | 1h | 798.61 | +0.072% | $28K | $1K | 10x | as long as short |
| Injective BNB/USDC PERP | +0.0306% | 1h | 805.09 | +0.884% | $19K | $789K | 30x | as long as short |
| Reya BNBRUSDPERP | +0.0331% | 1h | 797.79 | −0.031% | $6K | $3K | 40x | as long as short |
| dYdX BNB-USDlong | +0.0342% | 1h | 798.04 | long leg | $161K | $63K | 10x | |
| Backpack BNB_USDC_PERP | +0.0343% | 1h | 798.98 | +0.118% | $2.7M | $5.7M | 40x | as long as short |
Gate BNB_USDT
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-USDC
Bybit BNBUSDT
Coinbase International BNB-PERP-INTX
Aster BNBUSDT
Lighter BNB
Phemex BNBUSDT
Pacifica BNB
OKX BNB-USDT-SWAP
KuCoin BNBUSDTM
Bitget BNBUSDT
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
Binance BNBUSDT
MEXC BNB_USDT
Extended BNB-USD
Phoenix BNB
Kalshi KXBNBPERP
Bulk BNB-USD
BloFin BNB-USDT
Hyperliquid BNB
RISEx BNB/USDC
01 Exchange BNBUSD
Injective BNB/USDC PERP
Backpack BNB_USDC_PERP