Funding arb · Price arb /

BNB

all BNB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0244%/8h= +26.7% APRpaid last 24h +0.065%

Price spread now: 01 Exchange against Gate+0.158%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Gate Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and 01 Exchange is 0.158% dearer against Gate than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BNB_USDT	804.90	0.0100	pay 0.0100% / 8h	1h 50m	$36.2M	$57.2M	75x
Short	01 Exchange BNBUSD	806.17	0.0344	get 0.0043% / 1h	50m 18s	$29K	$1K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now +0.158%Rate

Funding earned: $51.24
Price spread: +0.158% → 0.000%: $15.78
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $45.02
Costs to cover: 0.220%
Break-even: 0.8 days

Slippage unknown: Gate: live order book, 4 min ago; 01 Exchange: 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, 4 min ago	0.31 bp	11.1 bp −$11	13.7 bp −$137	27.1 bp −$2,711	54.3 bp −$27.2K
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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 −0.0195% / S +0.0371%	1h	804.95	+0.006%	$49K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	805.98	+0.134%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	806.78	+0.234%	$3.0M	$29.4M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	805.60	+0.087%	$108K	$2.5M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	804.94	+0.005%	$870K	$2.8M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	804.97	+0.009%	$9.8M	—	150x	as long as short
Variational Omni BNB	+0.0047%	8h	804.38	−0.064%	$4.1M	$5.3M	—	as long as short
Hibachi BNB/USDT-P	+0.0048%	1h	805.11	+0.026%	$71K	$48K	12x	as long as short
BingX BNB-USDC	+0.0056%	8h	805.32	+0.052%	—	$13.3M	—	as long as short
Bybit BNBUSDT	+0.0083%	8h	804.61	−0.036%	$139.3M	$81.9M	75x	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	805.78	+0.109%	$2.8M	$4.2M	20x	as long as short
Coinbase International BNB-PERP-INTX	+0.0096%	1h	805.76	+0.107%	$608K	$882K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	805.05	+0.019%	$1.5M	$2.8M	20x	as long as short
Pacifica BNB	+0.0100%	1h	805.54	+0.080%	$1.2M	$925K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	804.80	−0.012%	$55.1M	$116.1M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	805.70	+0.099%	$53K	$170K	10x	as long as short
Gate BNB_USDTlong	+0.0100%	8h	804.90	long leg	$36.2M	$57.2M	75x
KuCoin BNBUSDTM	+0.0100%	8h	805.35	+0.056%	$28.2M	$10.5M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	804.62	−0.035%	$78.7M	$25.0M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	805.71	+0.101%	$4.2M	$76.4M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	805.60	+0.087%	$162K	$439K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	805.08	+0.022%	$116K	$870K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	805.05	+0.019%	$389K	$592K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	805.30	+0.050%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	805.23	+0.041%	$13K	$1.7M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	804.83	−0.008%	$8.2M	$7.6M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	806.18	+0.159%	$79K	$19K	50x	as long as short
Aster BNBUSDT	+0.0102%	8h	805.92	+0.127%	$6.4M	$18.8M	200x	as long as short
Extended BNB-USD	+0.0104%	1h	804.62	−0.035%	$1.9M	$6.0M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	805.22	+0.040%	$387K	$40K	10x	as long as short
MEXC BNB_USDT	+0.0117%	8h	806.10	+0.149%	$84.6M	$13.3M	200x	as long as short
Binance BNBUSDT	+0.0118%	8h	805.55	+0.081%	$520.5M	$805.4M	75x	as long as short
Phemex BNBUSDT	+0.0137%	8h	805.59	+0.086%	$70.3M	$51.9M	50x	as long as short
Hyperliquid BNB	+0.0148%	1h	805.81	+0.113%	$51.8M	$22.0M	10x	as long as short
SoDEX BNB-USD	+0.0154%	1h	805.20	+0.037%	$396K	$1.0M	10x	as long as short
Phoenix BNB	+0.0155%	1h	805.39	+0.061%	$173K	$35K	10x	as long as short
dYdX BNB-USD	+0.0173%	1h	805.13	+0.028%	$162K	$63K	10x	as long as short
Kraken Futures PF_BNBUSD	+0.0205%	1h	805.03	+0.016%	$2.5M	$932K	50x	as long as short
BloFin BNB-USDT	+0.0238%	8h	805.41	+0.063%	$18.8M	$3.1M	75x	as long as short
Bulk BNB-USD	+0.0274%	1h	805.55	+0.081%	$651K	$14K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	805.54	+0.080%	$1.6M	$165K	25x	as long as short
Injective BNB/USDC PERP	+0.0311%	1h	805.09	+0.024%	$19K	$789K	30x	as long as short
RISEx BNB/USDC	+0.0318%	1h	805.65	+0.093%	$1.1M	$1.4M	20x	as long as short
Reya BNBRUSDPERP	+0.0333%	1h	804.78	−0.015%	$6K	$3K	40x	as long as short
01 Exchange BNBUSDshort	+0.0344%	1h	806.17	+0.158%	$29K	$1K	10x
Backpack BNB_USDC_PERP	+0.0713%	1h	806.03	+0.140%	$3.0M	$5.5M	40x	as long as short