BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0051%/8h= −5.6% APRnext payment −$0.51 per $10,000 · paid last 24h −0.013%

Price spread now: BingX against Gate+0.020%7-day average +0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$330.330% of the position

Long on Gate Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.012%+$1 on $10k

Price spread, last 7 days0.000%$0 · spread now +0.020%, 7d avg +0.004%

Together, before fees+0.012%+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BNB_USDT	787.35	0.0100	pay 0.0100% / 8h	1h 08m	$37.8M	$59.5M	75x
Short	BingX BNB-USDC	787.51	0.0049	get 0.0049% / 8h	1h 08m	—	$13.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now +0.020%Rate

Funding earned: −$10.71
Price spread: +0.020% → +0.004%: $1.61
Slippage, 4 orders: −$8.02
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BingX: 5 bp × 2 orders: −$10
Net: −$42.11
Costs to cover: 0.330%
Break-even: never at this rate

Slippage from Gate: live order book, 5 min ago; BingX: live order book, 15 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, 5 min ago	0.32 bp	9.1 bp −$9	11.9 bp −$119	28.0 bp −$2,798	59.5 bp −$29.7K
Sell BingX live order book, 15 min ago	0.25 bp	7.1 bp −$7	9.5 bp −$95	22.8 bp −$2,279	74.7 bp −$37.3K

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 −0.0170% / S +0.0337%	1h	787.20	−0.019%	$43K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	787.67	+0.041%	$4K	$42	25x	as long as short
StandX BNB-USD	0.0000%	1h	788.08	+0.093%	$850K	$2.7M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	787.27	−0.010%	$9.5M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.253%	$19K	$789K	30x	as long as short
BingX BNB-USDCshort	+0.0049%	8h	787.51	+0.020%	—	$13.4M	—
Aster BNBUSDT	+0.0050%	8h	787.91	+0.072%	$6.1M	$18.8M	200x	as long as short
Binance BNBUSDT	+0.0060%	8h	787.90	+0.070%	$490.4M	$819.5M	75x	as long as short
MEXC BNB_USDT	+0.0060%	8h	788.50	+0.146%	$81.1M	$12.1M	200x	as long as short
dYdX BNB-USD	+0.0064%	1h	787.28	−0.009%	$160K	$62K	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex BNBUSDT	+0.0074%	8h	787.81	+0.058%	$68.8M	$51.1M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0080%	1h	787.46	+0.014%	$568K	$1.9M	50x	as long as short
Lighter BNB	+0.0096%	1h	787.52	+0.022%	$2.7M	$3.9M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	787.25	−0.013%	$1.4M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	788.02	+0.085%	$51.6M	$17.7M	10x	as long as short
Pacifica BNB	+0.0100%	1h	787.60	+0.032%	$1.2M	$933K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	787.30	−0.006%	$138.6M	$74.9M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	787.20	−0.019%	$53.6M	$113.1M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	787.60	+0.032%	$52K	$129K	10x	as long as short
Gate BNB_USDTlong	+0.0100%	8h	787.35	long leg	$37.8M	$59.5M	75x
KuCoin BNBUSDTM	+0.0100%	8h	787.05	−0.038%	$27.7M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	787.16	−0.024%	$76.2M	$31.2M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	787.72	+0.047%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	787.00	−0.044%	$4.0M	$4.8M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	787.81	+0.059%	$4.1M	$76.3M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	787.40	+0.006%	$158K	$439K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	787.28	−0.009%	$132K	$951K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	787.26	−0.011%	$265K	$470K	50x	as long as short
SunX BNB-USDT	+0.0100%	8h	787.69	+0.043%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	787.40	+0.006%	$387K	$978K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	787.54	+0.024%	$8.0M	$10.2M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	788.04	+0.088%	$78K	$18K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	787.03	−0.041%	$1.8M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	787.25	−0.013%	$378K	$110K	10x	as long as short
Kalshi KXBNBPERP	+0.0117%	8h	787.70	+0.044%	$170K	$2.7M	4.8x	as long as short
Phoenix BNB	+0.0135%	1h	787.80	+0.057%	$169K	$35K	10x	as long as short
BloFin BNB-USDT	+0.0180%	8h	787.81	+0.058%	$17.7M	$2.2M	75x	as long as short
Kraken Futures PF_BNBUSD	+0.0205%	1h	787.23	−0.015%	$2.5M	$1.2M	50x	as long as short
Bulk BNB-USD	+0.0222%	1h	787.85	+0.063%	$639K	$831	10x	as long as short
GRVT BNB_USDT_Perp	+0.0228%	8h	788.01	+0.084%	$2.9M	$29.3M	10x	as long as short
01 Exchange BNBUSD	+0.0248%	1h	787.89	+0.069%	$28K	$4K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	787.67	+0.040%	$1.5M	$145K	25x	as long as short
Reya BNBRUSDPERP	+0.0321%	1h	787.10	−0.032%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0438%	1h	787.57	+0.028%	$1.1M	$915K	20x	as long as short
Hibachi BNB/USDT-P	+0.0480%	1h	787.60	+0.032%	$67K	$39K	12x	as long as short