Settings8H · net · $10k
Funding arb · Price arb /

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.02 per $10,000 · paid last 24h +0.010%
Price spread now: MEXC against Gate+0.150%7-day average +0.207% · 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−$31as in the Price arb table
costs, in and out, $10k−$250.253% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.005%−$1 on $10k
Price spread, last 7 days+0.058%+$6 · spread now +0.150%, 7d avg +0.207%
Together, before fees+0.053%+$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.057% cheaper against Gate than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.207%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BNB_USDT802.500.0100pay 0.0100% / 8h2h 47m$35.9M$58.2M75x
ShortMEXC BNB_USDT803.700.0102get 0.0102% / 8h2h 47m$84.3M$13.5M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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

Funding earned
$0.42
Price spread: +0.150% → +0.207%
−$5.74
Slippage, 4 orders
−$6.28
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$30.61
Costs to cover
0.253%
Break-even
517.1 days
Slippage from Gate: live order book, 1 min ago; MEXC: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 1 min ago0.31 bp9.9 bp −$1012.7 bp −$12728.9 bp −$2,89558.2 bp −$29.1K
Sell MEXC live order book, 1 min ago0.62 bp3.0 bp −$38.4 bp −$8418.2 bp −$1,81732.7 bp −$16.4K

BNB on 46 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0195% / S +0.0371%1h802.58+0.010%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h802.66+0.020%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h803.08+0.072%$3.0M$30.0M10xas long as short
Kalshi KXBNBPERP0.0000%8h803.30+0.100%$116K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h803.05+0.069%$868K$3.0M30xas long as short
Deribit BNB_USDC-PERPETUAL0.0000%1h803.13+0.078%$1.6M$167K25xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h802.61+0.013%$9.7M150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h802.89+0.049%$2.5M$916K50xas long as short
Variational Omni BNB+0.0063%8h802.15−0.043%$4.1M$5.3Mas long as short
BingX BNB-USDT+0.0069%8h802.71+0.026%$34.5Mas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0085%8h803.29+0.098%$6.4M$18.9M200xas long as short
Coinbase International BNB-PERP-INTX+0.0088%1h803.99+0.186%$608K$890K50xas long as short
Bybit BNBUSDT+0.0096%8h802.03−0.059%$138.7M$82.8M75xas long as short
Lighter BNB+0.0096%1h802.91+0.051%$2.8M$4.2M20xas long as short
Nado BNB-PERP+0.0100%1h802.25−0.031%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h802.65+0.019%$1.2M$923K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h802.500.000%$54.9M$115.1M50xas long as short
Arcus BNB-USD+0.0100%1h802.70+0.025%$52K$161K10xas long as short
Gate BNB_USDTlong+0.0100%8h802.50long leg$35.9M$58.2M75x
KuCoin BNBUSDTM+0.0100%8h802.47−0.004%$28.1M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h802.35−0.019%$78.9M$24.5M75xas long as short
edgeX BNBUSDC+0.0100%4h803.76+0.157%$4.2M$76.8M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h803.32+0.102%$158K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h802.45−0.006%$118K$869K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h802.72+0.027%$388K$593K50xas long as short
Derive BNB-PERP+0.0100%1h802.85+0.044%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h803.12+0.077%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h802.70+0.025%$395K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h802.37−0.016%$8.2M$7.4M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h803.09+0.073%$78K$19K50xas long as short
Binance BNBUSDT+0.0102%8h803.30+0.100%$518.1M$806.7M75xas long as short
MEXC BNB_USDTshort+0.0102%8h803.70+0.150%$84.3M$13.5M200x
Extended BNB-USD+0.0104%1h802.31−0.024%$1.9M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h802.83+0.042%$386K$40K10xas long as short
Phemex BNBUSDT+0.0121%8h803.10+0.075%$70.1M$51.6M50xas long as short
Phoenix BNB+0.0125%1h803.11+0.076%$173K$35K10xas long as short
Bulk BNB-USD+0.0161%1h803.45+0.119%$649K$11K10xas long as short
Hyperliquid BNB+0.0162%1h803.30+0.100%$51.6M$21.3M10xas long as short
dYdX BNB-USD+0.0207%1h802.35−0.019%$170K$55K10xas long as short
RISEx BNB/USDC+0.0209%1h802.86+0.044%$1.1M$1.4M20xas long as short
BloFin BNB-USDT+0.0222%8h802.79+0.036%$18.8M$3.1M75xas long as short
Hibachi BNB/USDT-P+0.0248%1h802.53+0.003%$71K$48K12xas long as short
01 Exchange BNBUSD+0.0320%1h803.23+0.091%$28K$1K10xas long as short
Reya BNBRUSDPERP+0.0335%1h802.26−0.030%$6K$3K40xas long as short
Injective BNB/USDC PERP+0.0353%1h804.92+0.302%$19K$526K30xas long as short
Backpack BNB_USDC_PERP+0.0698%1h803.87+0.171%$3.0M$5.3M40xas long as short