BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0058%/8h= +6.4% APRnext payment +$0.58 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Gate−0.018%7-day average −0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$370.365% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.026%+$3 on $10k

Price spread, last 7 days+0.034%+$3 · spread now −0.018%, 7d avg −0.002%

Together, before fees+0.060%+$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.002%, 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	795.30	0.0042	pay 0.0042% / 8h	6h 27m	$35.3M	$56.1M	75x
Short	KuCoin BNBUSDTM	795.16	0.0100	get 0.0100% / 8h	6h 27m	$27.7M	$10.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.018%Rate

Funding earned: $12.18
Price spread: −0.018% → −0.002%: −$1.55
Slippage, 4 orders: −$9.52
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$25.88
Costs to cover: 0.365%
Break-even: 21.9 days

Slippage from Gate: live order book, 1 min ago; KuCoin: 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	9.7 bp −$10	11.4 bp −$114	26.3 bp −$2,630	56.0 bp −$28.0K
Sell KuCoin live order book, 6 min ago	0.57 bp	9.3 bp −$9	15.0 bp −$150	42.5 bp −$4,252	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	795.07	−0.028%	$46K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0131%	1h	795.48	+0.022%	$2.5M	$1.0M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	795.75	+0.057%	$4K	$239	25x	as long as short
StandX BNB-USD	0.0000%	1h	795.55	+0.031%	$860K	$3.1M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	795.29	−0.001%	$9.7M	—	150x	as long as short
Variational Omni BNB	+0.0025%	8h	793.33	−0.248%	$4.1M	$4.9M	—	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.231%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0038%	8h	796.03	+0.092%	$6.1M	$19.7M	200x	as long as short
Gate BNB_USDTlong	+0.0042%	8h	795.30	long leg	$35.3M	$56.1M	75x
Phemex BNBUSDT	+0.0042%	8h	795.67	+0.047%	$69.6M	$50.8M	50x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BNB-USDC	+0.0048%	8h	795.51	+0.026%	—	$13.3M	—	as long as short
Coinbase International BNB-PERP-INTX	+0.0056%	1h	791.17	−0.519%	$607K	$1.1M	50x	as long as short
GRVT BNB_USDT_Perp	+0.0059%	8h	795.02	−0.035%	$3.0M	$28.4M	10x	as long as short
MEXC BNB_USDT	+0.0064%	8h	796.10	+0.101%	$82.6M	$12.8M	200x	as long as short
Binance BNBUSDT	+0.0064%	8h	795.90	+0.075%	$495.2M	$811.0M	75x	as long as short
dYdX BNB-USD	+0.0064%	1h	795.36	+0.008%	$161K	$63K	10x	as long as short
Phoenix BNB	+0.0088%	1h	795.15	−0.019%	$171K	$36K	10x	as long as short
Lighter BNB	+0.0096%	1h	795.62	+0.040%	$2.8M	$4.0M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	795.14	−0.020%	$384K	$409K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	795.30	0.000%	$1.4M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	795.97	+0.084%	$52.2M	$19.8M	10x	as long as short
Pacifica BNB	+0.0100%	1h	795.68	+0.048%	$1.2M	$925K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	795.40	+0.013%	$139.1M	$75.8M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	795.20	−0.013%	$53.3M	$110.6M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	795.60	+0.038%	$52K	$134K	10x	as long as short
KuCoin BNBUSDTMshort	+0.0100%	8h	795.16	−0.018%	$27.7M	$10.1M	75x
Bitget BNBUSDT	+0.0100%	8h	795.12	−0.023%	$77.4M	$28.2M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	795.11	−0.024%	$4.1M	$76.6M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	794.74	−0.070%	$160K	$436K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	795.35	+0.006%	$111K	$886K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	795.54	+0.031%	$32K	$9K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	795.52	+0.028%	$12K	$1.6M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	795.60	+0.038%	$391K	$996K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	794.34	−0.121%	$8.2M	$8.8M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	795.81	+0.064%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	795.14	−0.020%	$1.7M	$5.8M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	795.52	+0.028%	$382K	$110K	10x	as long as short
RISEx BNB/USDC	+0.0131%	1h	795.69	+0.049%	$1.1M	$1.2M	20x	as long as short
Kalshi KXBNBPERP	+0.0159%	8h	795.30	0.000%	$112K	$2.7M	4.8x	as long as short
Bulk BNB-USD	+0.0175%	1h	792.60	−0.339%	$642K	$16K	10x	as long as short
01 Exchange BNBUSD	+0.0256%	1h	795.93	+0.079%	$28K	$2K	10x	as long as short
Reya BNBRUSDPERP	+0.0329%	1h	795.10	−0.025%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0392%	1h	796.13	+0.104%	$2.7M	$5.7M	40x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0400%	1h	795.96	+0.083%	$1.6M	$160K	25x	as long as short
Hibachi BNB/USDT-P	+0.0536%	1h	795.00	−0.037%	$68K	$38K	12x	as long as short