BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0043%/8h= +4.7% APRnext payment +$0.43 per $10,000 · paid last 24h −0.002%

Price spread now: Gate against MEXC−0.152%7-day average −0.201% · you buy dearer than you sell

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$250.251% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.003%$0 on $10k

Price spread, last 7 days−0.061%−$6 · spread now −0.152%, 7d avg −0.201%

Together, before fees−0.058%−$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Gate is 0.049% dearer against MEXC than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.201%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BNB_USDT	787.60	0.0057	pay 0.0057% / 8h	58m 37s	$81.0M	$11.9M	200x
Short	Gate BNB_USDT	786.40	0.0100	get 0.0100% / 8h	58m 37s	$38.0M	$57.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against MEXC. 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 MEXCbpFee GatebpOrdersPrice spread, now −0.152%Rate

Funding earned: $9.03
Price spread: −0.152% → −0.201%: $4.9
Slippage, 4 orders: −$6.12
Fee MEXC: 2 bp × 2 orders: −$4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$11.19
Costs to cover: 0.251%
Break-even: 15.7 days

Slippage from MEXC: live order book, 5 min ago; Gate: live order book, 5 min ago.

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 MEXC live order book, 5 min ago	0.63 bp	2.6 bp −$3	6.9 bp −$69	22.5 bp −$2,252	40.3 bp −$20.2K
Sell Gate live order book, 5 min ago	0.32 bp	8.9 bp −$9	11.9 bp −$119	28.4 bp −$2,840	57.8 bp −$28.9K

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 −0.0170% / S +0.0337%	1h	786.48	−0.142%	$43K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	786.89	−0.090%	$4K	$42	25x	as long as short
Kraken Futures PF_BNBUSD	−0.0050%	1h	786.50	−0.139%	$2.5M	$1.2M	50x	as long as short
StandX BNB-USD	0.0000%	1h	787.83	+0.029%	$850K	$2.7M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	786.50	−0.140%	$9.5M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.221%	$19K	$789K	30x	as long as short
BingX BNB-USDC	+0.0047%	8h	786.33	−0.161%	—	$13.4M	—	as long as short
Aster BNBUSDT	+0.0048%	8h	786.96	−0.081%	$6.1M	$18.8M	200x	as long as short
MEXC BNB_USDTlong	+0.0057%	8h	787.60	long leg	$81.0M	$11.9M	200x
Binance BNBUSDT	+0.0057%	8h	786.84	−0.096%	$489.0M	$821.2M	75x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX BNB-USD	+0.0060%	1h	786.64	−0.122%	$159K	$62K	10x	as long as short
Phemex BNBUSDT	+0.0075%	8h	787.13	−0.060%	$68.8M	$51.3M	50x	as long as short
Lighter BNB	+0.0096%	1h	786.54	−0.135%	$2.7M	$3.8M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	786.35	−0.159%	$1.4M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	787.01	−0.075%	$51.5M	$17.7M	10x	as long as short
Pacifica BNB	+0.0100%	1h	786.55	−0.133%	$1.2M	$934K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	786.20	−0.178%	$138.3M	$75.0M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	786.20	−0.178%	$53.5M	$113.1M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	786.50	−0.140%	$52K	$129K	10x	as long as short
Gate BNB_USDTshort	+0.0100%	8h	786.40	−0.152%	$38.0M	$57.4M	75x
KuCoin BNBUSDTM	+0.0100%	8h	786.00	−0.203%	$27.7M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	786.00	−0.203%	$76.7M	$31.6M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	786.88	−0.091%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	785.91	−0.214%	$4.0M	$4.8M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	786.76	−0.106%	$4.1M	$76.6M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	786.93	−0.085%	$158K	$438K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	786.43	−0.149%	$131K	$953K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	786.53	−0.136%	$265K	$454K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	787.05	−0.070%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	787.09	−0.065%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	786.70	−0.114%	$387K	$977K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0100%	1h	786.93	−0.085%	$1.5M	$145K	25x	as long as short
HTX BNB-USDT	+0.0100%	8h	786.63	−0.123%	$8.0M	$10.2M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	786.85	−0.096%	$78K	$18K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	785.93	−0.212%	$1.8M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	786.52	−0.137%	$378K	$110K	10x	as long as short
Coinbase International BNB-PERP-INTX	+0.0104%	1h	787.43	−0.022%	$564K	$1.9M	50x	as long as short
Kalshi KXBNBPERP	+0.0117%	8h	787.00	−0.076%	$171K	$2.7M	4.8x	as long as short
Phoenix BNB	+0.0135%	1h	786.67	−0.118%	$169K	$34K	10x	as long as short
BloFin BNB-USDT	+0.0177%	8h	787.39	−0.027%	$17.7M	$2.2M	75x	as long as short
GRVT BNB_USDT_Perp	+0.0226%	8h	787.06	−0.069%	$2.9M	$28.6M	10x	as long as short
Bulk BNB-USD	+0.0230%	1h	786.88	−0.091%	$638K	$831	10x	as long as short
01 Exchange BNBUSD	+0.0288%	1h	787.18	−0.053%	$28K	$4K	10x	as long as short
Reya BNBRUSDPERP	+0.0321%	1h	786.20	−0.177%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0350%	1h	786.57	−0.130%	$1.1M	$915K	20x	as long as short
Hibachi BNB/USDT-P	+0.0464%	1h	786.61	−0.126%	$67K	$39K	12x	as long as short