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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
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: Gate against HTX−0.073%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$390.392% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.062%−$6 on $10k
Price spread, last 3 days (all we have)+0.236%+$24 · spread now −0.073%, 7d avg −0.001%
Together, before fees+0.174%+$17 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: Gate is 0.072% cheaper against HTX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BNB-USDT806.840.0100pay 0.0100% / 8h2h 16m$8.2M$7.5M75x
ShortGate BNB_USDT806.250.0100get 0.0100% / 8h2h 16m$36.1M$58.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against HTX. 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
Price spread: −0.073% → −0.001%
−$7.23
Slippage, 4 orders
−$12.23
Fee HTX: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$46.46
Costs to cover
0.392%
Break-even
never at this rate
Slippage from HTX: live order book, 2 min ago; Gate: live order book, 2 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 HTX live order book, 2 min ago1.59 bp7.7 bp −$89.8 bp −$9844.9 bp −$4,486doesn't fit
Sell Gate live order book, 2 min ago0.31 bp9.9 bp −$1012.5 bp −$12526.9 bp −$2,68756.7 bp −$28.3K

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%1h806.59−0.031%$49K200xas long as short
Hotstuff BNB-PERP−0.0080%1h807.10+0.032%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h807.05+0.026%$3.0M$29.5M10xas long as short
Kalshi KXBNBPERP0.0000%8h806.80−0.005%$114K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h806.62−0.027%$872K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h806.69−0.019%$9.8M150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h806.58−0.032%$2.5M$908K50xas long as short
Variational Omni BNB+0.0050%8h805.91−0.116%$4.1M$5.4Mas long as short
BingX BNB-USDT+0.0054%8h806.47−0.046%$34.5Mas long as short
Bybit BNBUSDT+0.0077%8h805.96−0.109%$139.9M$82.5M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0088%1h806.90+0.007%$610K$883K50xas long as short
Lighter BNB+0.0096%1h806.70−0.017%$2.8M$4.2M20xas long as short
Aster BNBUSDT+0.0098%8h807.08+0.029%$6.4M$18.8M200xas long as short
Nado BNB-PERP+0.0100%1h806.50−0.042%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h806.91+0.008%$1.2M$924K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h806.20−0.079%$55.2M$116.2M50xas long as short
Arcus BNB-USD+0.0100%1h807.10+0.032%$53K$170K10xas long as short
Gate BNB_USDTshort+0.0100%8h806.25−0.073%$36.1M$58.9M75x
KuCoin BNBUSDTM+0.0100%8h806.26−0.072%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h805.93−0.113%$79.1M$24.7M75xas long as short
edgeX BNBUSDC+0.0100%4h807.34+0.062%$4.2M$77.1M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h806.58−0.032%$159K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h806.56−0.035%$115K$872K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h806.71−0.016%$390K$593K50xas long as short
Derive BNB-PERP+0.0100%1h806.86+0.002%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h807.35+0.063%$14K$1.7M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h807.22+0.047%$1.6M$165K25xas long as short
HTX BNB-USDTlong+0.0100%8h806.84long leg$8.2M$7.5M75x
Paradex BNB-USD-PERP+0.0100%8h807.37+0.066%$79K$19K50xas long as short
Extended BNB-USD+0.0104%1h805.90−0.117%$1.9M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h806.85+0.002%$388K$40K10xas long as short
MEXC BNB_USDT+0.0114%8h807.30+0.057%$84.7M$13.6M200xas long as short
Binance BNBUSDT+0.0114%8h806.93+0.011%$521.4M$806.1M75xas long as short
Phoenix BNB+0.0125%1h806.38−0.057%$173K$35K10xas long as short
Phemex BNBUSDT+0.0127%8h807.14+0.037%$70.4M$51.8M50xas long as short
Hyperliquid BNB+0.0197%1h807.09+0.031%$51.9M$21.4M10xas long as short
SoDEX BNB-USD+0.0206%1h806.70−0.017%$397K$1.0M10xas long as short
RISEx BNB/USDC+0.0209%1h806.94+0.013%$1.2M$1.5M20xas long as short
Bulk BNB-USD+0.0217%1h806.94+0.013%$652K$11K10xas long as short
BloFin BNB-USDT+0.0234%8h807.24+0.050%$18.8M$3.1M75xas long as short
dYdX BNB-USD+0.0241%1h807.07+0.028%$171K$55K10xas long as short
Hibachi BNB/USDT-P+0.0248%1h806.79−0.006%$72K$48K12xas long as short
Reya BNBRUSDPERP+0.0334%1h806.34−0.062%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0344%1h807.47+0.078%$29K$1K10xas long as short
Injective BNB/USDC PERP+0.0353%1h804.89−0.242%$19K$627K30xas long as short
Backpack BNB_USDC_PERP+0.0654%1h807.45+0.076%$3.0M$5.5M40xas long as short