BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0135%/8h= +14.8% APRnext payment +$1.35 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against Gate−0.044%7-day average −0.031% · you buy dearer than you sell

Net, funding: paid 7d − costs−$33as in the Funding arb table

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

costs, in and out, $10k−$340.342% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.014%+$1 on $10k

Price spread, last 7 days+0.018%+$2 · spread now −0.044%, 7d avg −0.031%

Together, before fees+0.033%+$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.031%, so right now this pair is about funding alone: +$4 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	793.20	−0.0035	get 0.0035% / 8h	6h 51m	$35.5M	$55.2M	75x
Short	Bitget BNBUSDT	792.85	0.0100	get 0.0100% / 8h	6h 51m	$77.4M	$28.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.044%Rate

Funding earned: $28.35
Price spread: −0.044% → −0.031%: −$1.29
Slippage, 4 orders: −$7.2
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$7.14
Costs to cover: 0.342%
Break-even: 8.8 days

Slippage from Gate: live order book, 3 min ago; Bitget: live order book, 3 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, 3 min ago	0.32 bp	9.5 bp −$9	11.5 bp −$115	27.0 bp −$2,699	58.1 bp −$29.0K
Sell Bitget live order book, 3 min ago	0.76 bp	7.7 bp −$8	12.1 bp −$121	17.7 bp −$1,773	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 −0.0161% / S +0.0334%	1h	792.77	−0.054%	$47K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0132%	1h	793.05	−0.019%	$2.5M	$1.0M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	793.55	+0.044%	$4K	$239	25x	as long as short
Gate BNB_USDTlong	−0.0035%	8h	793.20	long leg	$35.5M	$55.2M	75x
GRVT BNB_USDT_Perp	0.0000%	8h	792.87	−0.041%	$3.0M	$28.2M	10x	as long as short
StandX BNB-USD	0.0000%	1h	793.02	−0.023%	$857K	$3.0M	30x	as long as short
Variational Omni BNB	+0.0006%	8h	791.53	−0.211%	$4.1M	$5.1M	—	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	793.18	−0.002%	$9.7M	—	150x	as long as short
dYdX BNB-USD	+0.0025%	1h	793.28	+0.010%	$160K	$63K	10x	as long as short
Aster BNBUSDT	+0.0033%	8h	793.51	+0.039%	$6.1M	$19.9M	200x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.499%	$19K	$789K	30x	as long as short
BingX BNB-USDC	+0.0045%	8h	792.45	−0.095%	—	$13.4M	—	as long as short
Phemex BNBUSDT	+0.0053%	8h	793.38	+0.023%	$69.3M	$50.4M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0056%	1h	791.39	−0.228%	$607K	$1.1M	50x	as long as short
Bybit BNBUSDT	+0.0057%	8h	793.09	−0.014%	$138.0M	$77.2M	75x	as long as short
MEXC BNB_USDT	+0.0061%	8h	793.80	+0.076%	$82.3M	$12.7M	200x	as long as short
Binance BNBUSDT	+0.0062%	8h	793.89	+0.087%	$493.3M	$818.7M	75x	as long as short
Phoenix BNB	+0.0088%	1h	792.08	−0.141%	$170K	$36K	10x	as long as short
Lighter BNB	+0.0096%	1h	792.92	−0.035%	$2.8M	$3.9M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	793.32	+0.015%	$383K	$468K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	793.10	−0.012%	$1.4M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	793.03	−0.021%	$1.2M	$932K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	793.10	−0.013%	$53.3M	$111.1M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	793.20	0.000%	$52K	$134K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	792.83	−0.047%	$27.7M	$10.0M	75x	as long as short
Bitget BNBUSDTshort	+0.0100%	8h	792.85	−0.044%	$77.4M	$28.5M	75x
edgeX BNBUSDC	+0.0100%	4h	792.62	−0.074%	$4.1M	$76.6M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	792.78	−0.053%	$160K	$434K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	793.00	−0.025%	$112K	$889K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	792.91	−0.037%	$32K	$9K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	793.74	+0.068%	$13K	$1.6M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	793.10	−0.013%	$390K	$996K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	792.27	−0.117%	$8.1M	$8.6M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	793.13	−0.008%	$77K	$17K	50x	as long as short
Hyperliquid BNB	+0.0102%	1h	793.75	+0.070%	$52.6M	$19.8M	10x	as long as short
Extended BNB-USD	+0.0104%	1h	792.65	−0.069%	$1.7M	$6.0M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	792.84	−0.045%	$381K	$110K	10x	as long as short
RISEx BNB/USDC	+0.0131%	1h	793.31	+0.013%	$1.1M	$1.4M	20x	as long as short
Bulk BNB-USD	+0.0139%	1h	794.97	+0.223%	$646K	$10K	10x	as long as short
Kalshi KXBNBPERP	+0.0161%	8h	792.20	−0.126%	$94K	$2.8M	4.8x	as long as short
BloFin BNB-USDT	+0.0182%	8h	793.14	−0.008%	$18.1M	$2.5M	75x	as long as short
01 Exchange BNBUSD	+0.0224%	1h	793.70	+0.063%	$28K	$1K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	793.35	+0.019%	$1.6M	$161K	25x	as long as short
Reya BNBRUSDPERP	+0.0329%	1h	792.81	−0.049%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0411%	1h	793.50	+0.038%	$2.7M	$5.7M	40x	as long as short
Hibachi BNB/USDT-P	+0.0440%	1h	793.18	−0.003%	$68K	$38K	12x	as long as short