Funding you earn now, next payment 08:00 UTC+0.0076%/8h= +8.4% APRnext payment +$0.76 per $10,000 · paid last 24h +0.038%
Price spread now: BloFin against Gate+0.064%7-day average +0.098% · you sell dearer than you buy
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$310.311% of the position
Funding, last 7 days+0.225%+$22 on $10k
+Price spread, last 4 days (all we have)−0.027%−$3 · spread now +0.064%, 7d avg +0.098%
=Funding pays, the price is against you. BloFin is 0.035% cheaper against Gate than usual: you would sell low and buy high (spread +0.064% now, against its 7-day average of +0.098%). If the spread goes back, that is −$3 on $10k: about 36 hours of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BNB_USDT | 786.30 | 0.0100 | pay 0.0100% / 8h | 53m 10s | $38.1M | $57.4M | 75x |
| Short | BloFin BNB-USDT | 786.80 | 0.0176 | get 0.0176% / 8h | 53m 10s | $17.7M | $2.2M | 75x |
Gate BNB_USDT
BloFin BNB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- $16.06
- Price spread: +0.064% → +0.098%
- −$3.46
- Slippage, 4 orders
- −$4.09
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$18.49
- Costs to cover
- 0.311%
- Break-even
- 15.1 days
Slippage from Gate: live order book, 6 min ago; BloFin: live order book, 6 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, 6 min ago | 0.32 bp | 10.2 bp −$10 | 13.9 bp −$139 | 29.1 bp −$2,911 | 59.0 bp −$29.5K |
| Sell BloFin live order book, 6 min ago | 0.06 bp | 6.5 bp −$7 | 7.6 bp −$76 | 12.8 bp −$1,284 | 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 −0.0170% / S +0.0337% | 1h | 786.24 | −0.007% | $43K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 787.17 | +0.111% | $4K | $42 | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0050% | 1h | 786.29 | −0.001% | $2.5M | $1.2M | 50x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 787.08 | +0.099% | $849K | $2.7M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 786.27 | −0.003% | $9.5M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.390% | $19K | $789K | 30x | as long as short |
| BingX BNB-USDC | +0.0046% | 8h | 786.39 | +0.011% | — | $13.4M | — | as long as short |
| Aster BNBUSDT | +0.0048% | 8h | 786.90 | +0.076% | $6.1M | $18.8M | 200x | as long as short |
| MEXC BNB_USDT | +0.0056% | 8h | 787.60 | +0.165% | $81.1M | $11.9M | 200x | as long as short |
| Binance BNBUSDT | +0.0056% | 8h | 786.92 | +0.079% | $489.0M | $821.6M | 75x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
Kraken Futures PF_BNBUSD
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
BingX BNB-USDC
Aster BNBUSDT
MEXC BNB_USDT
Binance BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex BNBUSDT | +0.0078% | 8h | 786.89 | +0.075% | $68.7M | $51.4M | 50x | as long as short |
| dYdX BNB-USD | +0.0079% | 1h | 786.61 | +0.040% | $159K | $62K | 10x | as long as short |
| Lighter BNB | +0.0096% | 1h | 786.55 | +0.032% | $2.7M | $3.8M | 20x | as long as short |
| Phoenix BNB | +0.0100% | 1h | 787.08 | +0.099% | $169K | $35K | 10x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 786.25 | −0.006% | $1.4M | $2.7M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 786.98 | +0.086% | $51.5M | $17.7M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 786.64 | +0.043% | $1.2M | $934K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 786.30 | 0.000% | $138.3M | $74.9M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 786.20 | −0.013% | $53.5M | $113.1M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 786.70 | +0.051% | $52K | $129K | 10x | as long as short |
| Gate BNB_USDTlong | +0.0100% | 8h | 786.30 | long leg | $38.1M | $57.4M | 75x | |
| KuCoin BNBUSDTM | +0.0100% | 8h | 786.03 | −0.034% | $27.7M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 785.99 | −0.039% | $76.4M | $31.7M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 786.84 | +0.069% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 785.70 | −0.076% | $4.0M | $4.8M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 786.65 | +0.045% | $4.1M | $76.1M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 786.75 | +0.057% | $158K | $438K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 786.35 | +0.006% | $131K | $953K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 786.29 | −0.001% | $264K | $449K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 786.74 | +0.056% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 786.78 | +0.061% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 786.50 | +0.025% | $387K | $976K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 786.98 | +0.086% | $8.0M | $10.3M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 786.93 | +0.080% | $78K | $18K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 785.99 | −0.039% | $1.8M | $5.9M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 786.32 | +0.003% | $378K | $110K | 10x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0104% | 1h | 787.43 | +0.144% | $564K | $1.9M | 50x | as long as short |
| Kalshi KXBNBPERP | +0.0117% | 8h | 786.70 | +0.051% | $171K | $2.7M | 4.8x | as long as short |
| BloFin BNB-USDTshort | +0.0176% | 8h | 786.80 | +0.064% | $17.7M | $2.2M | 75x | |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 786.73 | +0.055% | $1.5M | $145K | 25x | as long as short |
| GRVT BNB_USDT_Perp | +0.0226% | 8h | 787.01 | +0.090% | $2.9M | $28.6M | 10x | as long as short |
| Bulk BNB-USD | +0.0230% | 1h | 786.88 | +0.074% | $638K | $831 | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0272% | 1h | 786.97 | +0.085% | $28K | $4K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0321% | 1h | 786.04 | −0.033% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0350% | 1h | 786.67 | +0.048% | $1.1M | $907K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0448% | 1h | 786.98 | +0.086% | $67K | $39K | 12x | as long as short |
Phemex BNBUSDT
dYdX BNB-USD
Lighter BNB
Phoenix BNB
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Coinbase International BNB-PERP-INTX
Kalshi KXBNBPERP
Deribit BNB_USDC-PERPETUAL
GRVT BNB_USDT_Perp
Bulk BNB-USD
01 Exchange BNBUSD
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P