Funding you earn now, next payment 22:00 UTC+0.0180%/8h= +19.7% APRpaid last 24h +0.054%
Price spread now: Gate against Hotstuff−0.068%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Gate is 0.068% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.068% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 30 hours of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff BNB-PERP | 807.10 | −0.0080 | get 0.0010% / 1h | 17m 27s | $4K | $1K | 25x |
| Short | Gate BNB_USDT | 806.55 | 0.0100 | get 0.0100% / 8h | 2h 17m | $36.1M | $58.9M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Hotstuff. 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
- $37.8
- Price spread: −0.068% → 0.000%
- −$6.81
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $10.99
- Costs to cover
- 0.200%
- Break-even
- 5.0 days
Slippage unknown: Hotstuff: no order-book sample; Gate: live order book, 1 min ago. 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 1 min ago | 0.31 bp | 9.9 bp −$10 | 12.5 bp −$125 | 26.9 bp −$2,687 | 56.7 bp −$28.3K |
Hotstuff: 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 | 806.59 | −0.063% | $49K | — | 200x | as long as short |
| Hotstuff BNB-PERPlong | −0.0080% | 1h | 807.10 | long leg | $4K | $1K | 25x | |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 807.05 | −0.006% | $3.0M | $29.5M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 807.10 | 0.000% | $114K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 806.62 | −0.059% | $872K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 806.69 | −0.051% | $9.8M | — | 150x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0038% | 1h | 806.59 | −0.063% | $2.5M | $908K | 50x | as long as short |
| Variational Omni BNB | +0.0050% | 8h | 805.91 | −0.148% | $4.1M | $5.4M | — | as long as short |
| BingX BNB-USDT | +0.0054% | 8h | 806.77 | −0.041% | — | $34.5M | — | as long as short |
| Bybit BNBUSDT | +0.0077% | 8h | 806.31 | −0.098% | $139.9M | $82.5M | 75x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BNB-PERP-INTX | +0.0088% | 1h | 806.90 | −0.025% | $610K | $883K | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 806.77 | −0.041% | $2.8M | $4.2M | 20x | as long as short |
| Aster BNBUSDT | +0.0098% | 8h | 807.31 | +0.027% | $6.4M | $18.8M | 200x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 806.50 | −0.074% | $1.4M | $2.8M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 806.91 | −0.024% | $1.2M | $924K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 806.60 | −0.062% | $55.2M | $116.3M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 807.10 | 0.000% | $53K | $170K | 10x | as long as short |
| Gate BNB_USDTshort | +0.0100% | 8h | 806.55 | −0.068% | $36.1M | $58.9M | 75x | |
| KuCoin BNBUSDTM | +0.0100% | 8h | 806.54 | −0.069% | $28.2M | $10.5M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 806.26 | −0.104% | $79.1M | $24.7M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 807.34 | +0.030% | $4.2M | $77.1M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 806.58 | −0.064% | $159K | $437K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 806.56 | −0.067% | $115K | $872K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 806.71 | −0.048% | $390K | $593K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 806.73 | −0.046% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 807.22 | +0.014% | $14K | $1.7M | 50x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 807.07 | −0.003% | $1.6M | $165K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 806.57 | −0.066% | $8.2M | $7.5M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 807.37 | +0.034% | $79K | $19K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 806.40 | −0.086% | $1.9M | $6.1M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 806.76 | −0.042% | $388K | $40K | 10x | as long as short |
| MEXC BNB_USDT | +0.0114% | 8h | 807.70 | +0.074% | $84.8M | $13.6M | 200x | as long as short |
| Binance BNBUSDT | +0.0114% | 8h | 807.34 | +0.030% | $521.6M | $806.0M | 75x | as long as short |
| Phoenix BNB | +0.0125% | 1h | 806.38 | −0.089% | $173K | $35K | 10x | as long as short |
| Phemex BNBUSDT | +0.0126% | 8h | 807.14 | +0.005% | $70.4M | $51.8M | 50x | as long as short |
| Hyperliquid BNB | +0.0196% | 1h | 807.35 | +0.031% | $51.9M | $21.4M | 10x | as long as short |
| RISEx BNB/USDC | +0.0209% | 1h | 806.94 | −0.019% | $1.2M | $1.5M | 20x | as long as short |
| SoDEX BNB-USD | +0.0209% | 1h | 806.60 | −0.062% | $397K | $1.0M | 10x | as long as short |
| Bulk BNB-USD | +0.0217% | 1h | 806.94 | −0.020% | $652K | $11K | 10x | as long as short |
| BloFin BNB-USDT | +0.0233% | 8h | 807.11 | +0.001% | $18.8M | $3.1M | 75x | as long as short |
| dYdX BNB-USD | +0.0241% | 1h | 807.07 | −0.004% | $171K | $55K | 10x | as long as short |
| Hibachi BNB/USDT-P | +0.0248% | 1h | 806.79 | −0.038% | $72K | $48K | 12x | as long as short |
| Reya BNBRUSDPERP | +0.0334% | 1h | 806.34 | −0.094% | $6K | $3K | 40x | as long as short |
| 01 Exchange BNBUSD | +0.0344% | 1h | 807.47 | +0.046% | $29K | $1K | 10x | as long as short |
| Injective BNB/USDC PERP | +0.0353% | 1h | 804.89 | −0.274% | $19K | $627K | 30x | as long as short |
| Backpack BNB_USDC_PERP | +0.0653% | 1h | 807.48 | +0.047% | $3.0M | $5.5M | 40x | as long as short |
Gate BNB_USDT
GMX BNB/USD [WBTC.b-USDC]
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Kraken Futures PF_BNBUSD
Variational Omni BNB
BingX BNB-USDT
Bybit BNBUSDT
Coinbase International BNB-PERP-INTX
Lighter BNB
Aster BNBUSDT
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
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
MEXC BNB_USDT
Binance BNBUSDT
Phoenix BNB
Phemex BNBUSDT
Hyperliquid BNB
RISEx BNB/USDC
SoDEX BNB-USD
Bulk BNB-USD
BloFin BNB-USDT
01 Exchange BNBUSD
Injective BNB/USDC PERP
Backpack BNB_USDC_PERP