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

BNB

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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 Orderly+0.039%7-day average −0.048% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.064%−$6 on $10k
Price spread, last 3 days (all we have)−0.002%$0 · spread now +0.039%, 7d avg −0.048%
Together, before fees−0.067%−$7 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 0.086% dearer against Orderly than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.048%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_BNB_USDC800.990.0100pay 0.0100% / 8h59m 01s$387K$489K50x
ShortGate BNB_USDT801.300.0100get 0.0100% / 8h59m 01s$35.8M$57.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Orderly. 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: +0.039% → −0.048%
$8.65
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$12.35
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Gate: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Gate live order book, 5 min ago0.63 bp9.3 bp −$911.4 bp −$11425.9 bp −$2,59155.7 bp −$27.9K
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0201% / S +0.0372%1h800.94−0.007%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h801.35+0.045%$4K$1K25xas long as short
Kraken Futures PF_BNBUSD−0.0074%1h801.15+0.020%$2.6M$969K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h800.990.000%$3.0M$28.4M10xas long as short
StandX BNB-USD0.0000%1h802.01+0.127%$867K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h800.92−0.009%$9.8M150xas long as short
Variational Omni BNB+0.0031%8h800.04−0.118%$4.2M$5.4Mas long as short
BingX BNB-USDC+0.0052%8h801.56+0.071%$13.3Mas long as short
Bybit BNBUSDT+0.0066%8h801.12+0.016%$139.3M$78.6M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h800.72−0.034%$607K$998K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BNB+0.0096%1h801.52+0.067%$2.8M$4.1M20xas long as short
Nado BNB-PERP+0.0100%1h800.48−0.064%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h801.21+0.027%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h801.30+0.039%$54.7M$113.8M50xas long as short
Arcus BNB-USD+0.0100%1h801.40+0.051%$53K$134K10xas long as short
Gate BNB_USDTshort+0.0100%8h801.30+0.039%$35.8M$57.3M75x
KuCoin BNBUSDTM+0.0100%8h801.08+0.011%$28.0M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h801.26+0.034%$80.9M$26.7M75xas long as short
edgeX BNBUSDC+0.0100%4h800.55−0.055%$4.2M$77.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h800.56−0.054%$161K$442K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h800.78−0.026%$119K$874K10xas long as short
Orderly PERP_BNB_USDClong+0.0100%8h800.99long leg$387K$489K50x
Derive BNB-PERP+0.0100%1h801.18+0.024%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h801.40+0.051%$13K$1.7M50xas long as short
HTX BNB-USDT+0.0100%8h800.97−0.002%$8.2M$7.9M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h801.71+0.090%$78K$19K50xas long as short
Aster BNBUSDT+0.0100%8h802.06+0.133%$6.4M$18.9M200xas long as short
Extended BNB-USD+0.0104%1h800.67−0.040%$1.9M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h801.34+0.043%$385K$40K10xas long as short
Phemex BNBUSDT+0.0114%8h801.43+0.055%$70.1M$51.0M50xas long as short
Kalshi KXBNBPERP+0.0117%8h801.10+0.014%$109K$2.9M4.8xas long as short
MEXC BNB_USDT+0.0119%8h802.40+0.176%$83.3M$13.5M200xas long as short
Binance BNBUSDT+0.0121%8h802.25+0.158%$502.0M$819.0M75xas long as short
Phoenix BNB+0.0155%1h800.77−0.027%$172K$34K10xas long as short
Hibachi BNB/USDT-P+0.0240%1h800.59−0.050%$71K$48K12xas long as short
BloFin BNB-USDT+0.0241%8h801.83+0.105%$18.2M$2.5M75xas long as short
SoDEX BNB-USD+0.0247%1h801.30+0.039%$394K$1.0M10xas long as short
RISEx BNB/USDC+0.0258%1h801.05+0.007%$1.1M$1.4M20xas long as short
Bulk BNB-USD+0.0289%1h801.15+0.020%$651K$20K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h801.56+0.071%$1.6M$165K25xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.512%$19K$789K30xas long as short
Reya BNBRUSDPERP+0.0332%1h800.45−0.067%$6K$3K40xas long as short
Hyperliquid BNB+0.0335%1h802.28+0.161%$51.9M$21.6M10xas long as short
dYdX BNB-USD+0.0369%1h800.88−0.014%$161K$62K10xas long as short
Backpack BNB_USDC_PERP+0.0412%1h802.31+0.165%$2.7M$5.7M40xas long as short
01 Exchange BNBUSD+0.0448%1h801.71+0.090%$28K$1K10xas long as short