BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0070%/8h= −7.6% APRnext payment −$0.70 per $10,000 · paid last 24h −0.003%

Price spread now: Binance against Gate+0.053%7-day average +0.098% · you sell dearer than you buy

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$280.278% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.010%−$1 on $10k

Price spread, last 7 days+0.044%+$4 · spread now +0.053%, 7d avg +0.098%

Together, before fees+0.034%+$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.045% cheaper against Gate than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.098%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BNB_USDT	787.85	0.0100	pay 0.0100% / 8h	7h 05m	$39.9M	$56.8M	75x
Short	Binance BNBUSDT	788.27	0.0030	get 0.0030% / 8h	7h 05m	$484.1M	$797.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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 GatebpFee BinancebpOrdersPrice spread, now +0.053%Rate

Funding earned: −$14.66
Price spread: +0.053% → +0.098%: −$4.47
Slippage, 4 orders: −$2.82
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$46.95
Costs to cover: 0.278%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; Binance: live order book, 9 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 Gate live order book, 4 min ago	0.32 bp	9.6 bp −$10	14.0 bp −$140	28.7 bp −$2,874	60.1 bp −$30.0K
Sell Binance live order book, 9 min ago	0.06 bp	5.1 bp −$5	6.0 bp −$60	12.7 bp −$1,268	doesn't fit

BNB on 45 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 −0.0166% / S +0.0336%	1h	788.11	+0.033%	$43K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	788.66	+0.103%	$4K	—	25x	as long as short
Kraken Futures PF_BNBUSD	−0.0021%	1h	787.72	−0.017%	$2.5M	$1.2M	50x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	788.76	+0.115%	$3.0M	$26.5M	10x	as long as short
StandX BNB-USD	0.0000%	1h	789.12	+0.161%	$851K	$2.8M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	788.17	+0.040%	$9.5M	—	150x	as long as short
Aster BNBUSDT	+0.0011%	8h	788.31	+0.058%	$6.0M	$17.7M	200x	as long as short
BingX BNB-USDT	+0.0026%	8h	787.96	+0.014%	—	$22.0M	—	as long as short
MEXC BNB_USDT	+0.0030%	8h	789.60	+0.222%	$83.2M	$12.4M	200x	as long as short
Binance BNBUSDTshort	+0.0030%	8h	788.27	+0.053%	$484.1M	$797.9M	75x

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.188%	$19K	$789K	30x	as long as short
Lighter BNB	+0.0096%	1h	787.92	+0.009%	$2.7M	$3.7M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	788.20	+0.044%	$1.4M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	788.57	+0.091%	$51.8M	$17.3M	10x	as long as short
Pacifica BNB	+0.0100%	1h	788.42	+0.073%	$1.2M	$936K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	787.62	−0.029%	$138.8M	$70.9M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	787.80	−0.006%	$53.7M	$108.2M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	788.20	+0.044%	$52K	$124K	10x	as long as short
Gate BNB_USDTlong	+0.0100%	8h	787.85	long leg	$39.9M	$56.8M	75x
KuCoin BNBUSDTM	+0.0100%	8h	787.69	−0.020%	$27.9M	$9.7M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	787.58	−0.034%	$75.7M	$32.1M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	788.19	+0.043%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	787.82	−0.004%	$4.3M	$4.9M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	788.45	+0.076%	$4.1M	$77.1M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	788.58	+0.093%	$159K	$440K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	787.56	−0.037%	$130K	$917K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	787.73	−0.015%	$265K	$304K	50x	as long as short
SunX BNB-USDT	+0.0100%	8h	788.25	+0.051%	$12K	$1.4M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	787.90	+0.006%	$387K	$939K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	788.07	+0.028%	$8.0M	$10.2M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	788.49	+0.081%	$78K	$117K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	787.60	−0.032%	$1.8M	$5.8M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	787.72	−0.016%	$378K	$110K	10x	as long as short
Kalshi KXBNBPERP	+0.0105%	8h	788.50	+0.083%	$161K	$2.6M	4.8x	as long as short
Phemex BNBUSDT	+0.0106%	8h	788.41	+0.071%	$68.6M	$51.4M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0120%	1h	788.70	+0.108%	$551K	$2.0M	50x	as long as short
Phoenix BNB	+0.0120%	1h	788.52	+0.085%	$158K	$38K	10x	as long as short
BloFin BNB-USDT	+0.0121%	8h	788.42	+0.072%	$17.6M	$2.3M	75x	as long as short
Bulk BNB-USD	+0.0150%	1h	788.74	+0.113%	$639K	$0	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	788.13	+0.036%	$1.5M	$138K	25x	as long as short
01 Exchange BNBUSD	+0.0224%	1h	788.48	+0.080%	$28K	$3K	10x	as long as short
dYdX BNB-USD	+0.0267%	1h	788.17	+0.040%	$158K	$63K	10x	as long as short
Reya BNBRUSDPERP	+0.0319%	1h	787.40	−0.057%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0355%	1h	788.03	+0.023%	$1.1M	$890K	20x	as long as short
Hibachi BNB/USDT-P	+0.0424%	1h	788.47	+0.079%	$67K	$39K	12x	as long as short