BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.30 per $10,000 · paid last 24h −0.030%

Price spread now: GRVT against Gate+0.070%7-day average +0.109% · you sell dearer than you buy

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$300.300% of the position

Long on Gate Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.036%+$4 on $10k

Price spread, last 7 days−0.006%−$1 · spread now +0.070%, 7d avg +0.109%

Together, before fees+0.030%+ Points / potential airdropGRVT: Active · farm board+$3 on $10k · with fees, hour by hour

Funding pays, the price is against you. GRVT is 0.039% cheaper against Gate than usual: you would sell low and buy high (spread +0.070% now, against its 7-day average of +0.109%). If the spread goes back, that is −$4 on $10k: about 4.3 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BNB_USDT	792.75	0.0015	pay 0.0015% / 8h	6h 33m	$35.3M	$55.8M	75x
Short	GRVT BNB_USDT_Perp	793.31	0.0045	get 0.0045% / 8h	6h 33m	$3.0M	$28.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.070%Rate

Funding earned: $6.3
Price spread: +0.070% → +0.109%: −$3.88
Slippage, 4 orders: −$6.04
Fee Gate: 7.5 bp × 2 orders: −$15
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$27.62
Costs to cover: 0.300%
Break-even: 37.7 days

Slippage from Gate: live order book, 1 min ago; GRVT: 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, 1 min ago	0.31 bp	11.0 bp −$11	13.7 bp −$137	29.4 bp −$2,939	59.7 bp −$29.9K
Sell GRVT live order book, 6 min ago	0.06 bp	4.7 bp −$5	5.9 bp −$59	21.3 bp −$2,134	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 −0.0167% / S +0.0335%	1h	792.91	+0.020%	$46K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0132%	1h	792.78	+0.004%	$2.5M	$1.0M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	794.21	+0.184%	$4K	$239	25x	as long as short
StandX BNB-USD	0.0000%	1h	793.47	+0.091%	$857K	$3.1M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	792.87	+0.015%	$9.7M	—	150x	as long as short
Gate BNB_USDTlong	+0.0015%	8h	792.75	long leg	$35.3M	$55.8M	75x
Variational Omni BNB	+0.0021%	8h	792.33	−0.053%	$4.0M	$4.9M	—	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.557%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0035%	8h	793.73	+0.124%	$6.1M	$19.8M	200x	as long as short
GRVT BNB_USDT_Perpshort	+0.0045%	8h	793.31	+0.070%	$3.0M	$28.8M	10x

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BNB-USDC	+0.0049%	8h	793.11	+0.045%	—	$13.3M	—	as long as short
Coinbase International BNB-PERP-INTX	+0.0056%	1h	791.17	−0.199%	$607K	$1.1M	50x	as long as short
dYdX BNB-USD	+0.0059%	1h	793.27	+0.066%	$160K	$63K	10x	as long as short
MEXC BNB_USDT	+0.0062%	8h	793.60	+0.107%	$82.3M	$12.8M	200x	as long as short
Binance BNBUSDT	+0.0063%	8h	793.86	+0.140%	$493.9M	$813.9M	75x	as long as short
Phemex BNBUSDT	+0.0067%	8h	793.38	+0.079%	$69.4M	$50.7M	50x	as long as short
Phoenix BNB	+0.0088%	1h	792.22	−0.067%	$170K	$36K	10x	as long as short
Lighter BNB	+0.0096%	1h	792.99	+0.030%	$2.8M	$4.0M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	793.04	+0.037%	$383K	$409K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	793.10	+0.044%	$1.4M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	793.40	+0.082%	$52.0M	$19.8M	10x	as long as short
Pacifica BNB	+0.0100%	1h	793.08	+0.042%	$1.2M	$926K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	793.17	+0.053%	$138.4M	$76.5M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	793.20	+0.057%	$53.1M	$110.6M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	793.00	+0.032%	$52K	$134K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	792.78	+0.004%	$27.7M	$10.1M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	792.92	+0.021%	$77.2M	$28.3M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	793.22	+0.059%	$4.1M	$77.1M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	793.21	+0.058%	$159K	$436K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	792.80	+0.006%	$111K	$888K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	793.10	+0.045%	$32K	$9K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	793.60	+0.107%	$13K	$1.6M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	793.10	+0.044%	$390K	$995K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	792.54	−0.026%	$8.1M	$8.8M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	793.29	+0.068%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	792.59	−0.020%	$1.7M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	792.93	+0.023%	$381K	$110K	10x	as long as short
RISEx BNB/USDC	+0.0131%	1h	792.88	+0.017%	$1.1M	$1.3M	20x	as long as short
Kalshi KXBNBPERP	+0.0163%	8h	793.50	+0.095%	$111K	$2.8M	4.8x	as long as short
Bulk BNB-USD	+0.0175%	1h	792.60	−0.019%	$642K	$16K	10x	as long as short
01 Exchange BNBUSD	+0.0248%	1h	793.18	+0.054%	$28K	$2K	10x	as long as short
Reya BNBRUSDPERP	+0.0329%	1h	792.61	−0.018%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0395%	1h	793.78	+0.130%	$2.7M	$5.7M	40x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0400%	1h	793.43	+0.086%	$1.6M	$161K	25x	as long as short
Hibachi BNB/USDT-P	+0.0528%	1h	793.73	+0.123%	$68K	$38K	12x	as long as short