Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Orderly against Gate−0.020%7-day average +0.048% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.064%+$6 on $10k
+Price spread, last 3 days (all we have)−0.017%−$2 · spread now −0.020%, 7d avg +0.048%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.068% cheaper against Gate than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BNB_USDT | 801.15 | 0.0100 | pay 0.0100% / 8h | 58m 52s | $35.8M | $57.3M | 75x |
| Short | Orderly PERP_BNB_USDC | 800.99 | 0.0100 | get 0.0100% / 8h | 58m 52s | $387K | $489K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $0
- Price spread: −0.020% → +0.048%
- −$6.77
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$27.77
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 5 min ago; Orderly: no order-book sample. Net counts fees only.
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, 5 min ago | 0.63 bp | 10.0 bp −$10 | 13.1 bp −$131 | 25.6 bp −$2,562 | 51.2 bp −$25.6K |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 −0.0201% / S +0.0372% | 1h | 800.94 | −0.027% | $48K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 801.35 | +0.025% | $4K | $1K | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0074% | 1h | 801.15 | 0.000% | $2.6M | $969K | 50x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 800.99 | −0.020% | $3.0M | $28.4M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 802.01 | +0.107% | $867K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 800.92 | −0.029% | $9.8M | — | 150x | as long as short |
| Variational Omni BNB | +0.0031% | 8h | 800.04 | −0.138% | $4.2M | $5.4M | — | as long as short |
| BingX BNB-USDC | +0.0052% | 8h | 801.75 | +0.075% | — | $13.3M | — | as long as short |
| Bybit BNBUSDT | +0.0066% | 8h | 801.17 | +0.002% | $139.3M | $78.6M | 75x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0072% | 1h | 800.72 | −0.054% | $607K | $998K | 50x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter BNB | +0.0096% | 1h | 801.52 | +0.047% | $2.8M | $4.1M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 800.48 | −0.084% | $1.4M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 801.21 | +0.007% | $1.2M | $926K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 801.40 | +0.031% | $54.7M | $113.9M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 801.40 | +0.031% | $53K | $134K | 10x | as long as short |
| Gate BNB_USDTlong | +0.0100% | 8h | 801.15 | long leg | $35.8M | $57.3M | 75x | |
| KuCoin BNBUSDTM | +0.0100% | 8h | 801.40 | +0.031% | $28.0M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 801.30 | +0.019% | $80.9M | $26.7M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 800.55 | −0.075% | $4.2M | $77.7M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 800.56 | −0.074% | $161K | $442K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 800.78 | −0.046% | $119K | $874K | 10x | as long as short |
| Orderly PERP_BNB_USDCshort | +0.0100% | 8h | 800.99 | −0.020% | $387K | $489K | 50x | |
| Derive BNB-PERP | +0.0100% | 1h | 801.18 | +0.004% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 801.40 | +0.031% | $13K | $1.7M | 50x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 800.97 | −0.022% | $8.2M | $7.9M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 801.71 | +0.070% | $78K | $19K | 50x | as long as short |
| Aster BNBUSDT | +0.0100% | 8h | 802.20 | +0.131% | $6.4M | $18.9M | 200x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 801.08 | −0.009% | $1.9M | $6.3M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 801.34 | +0.023% | $385K | $40K | 10x | as long as short |
| Phemex BNBUSDT | +0.0114% | 8h | 801.43 | +0.035% | $70.1M | $51.0M | 50x | as long as short |
| Kalshi KXBNBPERP | +0.0117% | 8h | 801.10 | −0.006% | $109K | $2.9M | 4.8x | as long as short |
| MEXC BNB_USDT | +0.0119% | 8h | 802.60 | +0.181% | $83.4M | $13.5M | 200x | as long as short |
| Binance BNBUSDT | +0.0121% | 8h | 802.32 | +0.146% | $502.1M | $819.0M | 75x | as long as short |
| Phoenix BNB | +0.0155% | 1h | 800.77 | −0.047% | $172K | $34K | 10x | as long as short |
| Hibachi BNB/USDT-P | +0.0240% | 1h | 800.59 | −0.070% | $71K | $48K | 12x | as long as short |
| BloFin BNB-USDT | +0.0241% | 8h | 801.83 | +0.085% | $18.2M | $2.5M | 75x | as long as short |
| SoDEX BNB-USD | +0.0247% | 1h | 801.30 | +0.019% | $394K | $1.0M | 10x | as long as short |
| RISEx BNB/USDC | +0.0258% | 1h | 801.05 | −0.012% | $1.1M | $1.4M | 20x | as long as short |
| Bulk BNB-USD | +0.0289% | 1h | 801.15 | 0.000% | $651K | $20K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 801.56 | +0.051% | $1.6M | $165K | 25x | as long as short |
| Injective BNB/USDC PERP | +0.0306% | 1h | 805.09 | +0.492% | $19K | $789K | 30x | as long as short |
| Reya BNBRUSDPERP | +0.0332% | 1h | 800.45 | −0.087% | $6K | $3K | 40x | as long as short |
| Hyperliquid BNB | +0.0335% | 1h | 802.28 | +0.141% | $51.9M | $21.6M | 10x | as long as short |
| dYdX BNB-USD | +0.0369% | 1h | 800.88 | −0.034% | $161K | $62K | 10x | as long as short |
| Backpack BNB_USDC_PERP | +0.0412% | 1h | 802.31 | +0.145% | $2.7M | $5.7M | 40x | as long as short |
| 01 Exchange BNBUSD | +0.0448% | 1h | 801.71 | +0.070% | $28K | $1K | 10x | as long as short |
Gate BNB_USDT
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
GRVT BNB_USDT_Perp
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Variational Omni BNB
BingX BNB-USDC
Bybit BNBUSDT
Coinbase International BNB-PERP-INTX
Lighter BNB
Pacifica BNB
OKX BNB-USDT-SWAP
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
HTX BNB-USDT
Paradex BNB-USD-PERP
Aster BNBUSDT
Extended BNB-USD
Phemex BNBUSDT
Kalshi KXBNBPERP
MEXC BNB_USDT
Binance BNBUSDT
Phoenix BNB
BloFin BNB-USDT
SoDEX BNB-USD
RISEx BNB/USDC
Bulk BNB-USD
Deribit BNB_USDC-PERPETUAL
Injective BNB/USDC PERP
Hyperliquid BNB
Backpack BNB_USDC_PERP
01 Exchange BNBUSD