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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0333%/8h= −36.4% APRpaid last 24h −0.066%
Price spread now: Gate against Reya+0.061%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
The price spread pays, funding is against you. Gate is 0.061% dearer against Reya than usual: you sell high and buy low (spread +0.061% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 15 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya BNBRUSDPERP797.760.0330pay 0.0041% / 1h16m 49s$6K$3K40x
ShortGate BNB_USDT798.25−0.0003pay 0.0003% / 8h7h 16m$35.9M$56.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Reya. 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
−$69.89
Price spread: +0.061% → 0.000%
$6.15
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$84.74
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Gate: live order book, 2 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 Reya no order-book sample
Sell Gate live order book, 2 min ago0.31 bp9.8 bp −$1014.3 bp −$14331.3 bp −$3,12559.7 bp −$29.9K
Reya: 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 −0.0159% / S +0.0334%1h797.96+0.025%$47K200xas long as short
Kraken Futures PF_BNBUSD−0.0121%1h797.97+0.026%$2.5M$1.0M50xas long as short
Hotstuff BNB-PERP−0.0080%1h798.55+0.099%$4K$23925xas long as short
BingX BNB-USDC−0.0004%8h797.56−0.025%$13.3Mas long as short
Gate BNB_USDTshort−0.0003%8h798.25+0.061%$35.9M$56.8M75x
GRVT BNB_USDT_Perp0.0000%8h798.85+0.137%$3.0M$27.9M10xas long as short
StandX BNB-USD0.0000%1h799.12+0.171%$864K$2.9M30xas long as short
Variational Omni BNB+0.0004%8h797.72−0.005%$4.1M$5.0Mas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h798.02+0.033%$9.7M150xas long as short
Phemex BNBUSDT+0.0028%8h798.75+0.124%$69.7M$50.2M50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit BNBUSDT+0.0030%8h798.55+0.099%$138.7M$76.3M75xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+0.919%$19K$789K30xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h799.07+0.164%$615K$1.1M50xas long as short
Aster BNBUSDT+0.0052%8h799.08+0.165%$6.1M$19.4M200xas long as short
Binance BNBUSDT+0.0075%8h799.40+0.206%$496.3M$810.9M75xas long as short
MEXC BNB_USDT+0.0075%8h799.50+0.218%$83.1M$13.7M200xas long as short
Lighter BNB+0.0096%1h798.88+0.141%$2.8M$4.0M20xas long as short
Phoenix BNB+0.0099%1h799.13+0.172%$172K$36K10xas long as short
Nado BNB-PERP+0.0100%1h798.00+0.030%$1.5M$2.7M20xas long as short
Pacifica BNB+0.0100%1h798.98+0.153%$1.2M$937K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h798.60+0.105%$54.2M$110.9M50xas long as short
Arcus BNB-USD+0.0100%1h798.50+0.093%$53K$133K10xas long as short
KuCoin BNBUSDTM+0.0100%8h798.40+0.080%$27.9M$10.0M75xas long as short
Bitget BNBUSDT+0.0100%8h798.21+0.056%$78.2M$28.1M75xas long as short
edgeX BNBUSDC+0.0100%4h798.91+0.144%$4.2M$76.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h798.95+0.149%$161K$435K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h798.16+0.050%$113K$884K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h798.01+0.031%$386K$459K50xas long as short
Derive BNB-PERP+0.0100%1h798.16+0.050%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h798.71+0.119%$13K$1.6M50xas long as short
SoDEX BNB-USD+0.0100%1h798.20+0.055%$392K$997K10xas long as short
HTX BNB-USDT+0.0100%8h797.760.000%$8.2M$8.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h798.76+0.126%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h798.13+0.046%$1.8M$6.0M50xas long as short
Aevo BNB-PERP+0.0104%1h798.00+0.030%$383K$110K10xas long as short
Bulk BNB-USD+0.0138%1h797.80+0.005%$648K$10K10xas long as short
RISEx BNB/USDC+0.0155%1h798.29+0.067%$1.1M$1.4M20xas long as short
Kalshi KXBNBPERP+0.0158%8h798.70+0.118%$90K$2.8M4.8xas long as short
BloFin BNB-USDT+0.0195%8h798.84+0.135%$18.1M$2.6M75xas long as short
dYdX BNB-USD+0.0198%1h798.51+0.094%$161K$63K10xas long as short
01 Exchange BNBUSD+0.0200%1h798.58+0.103%$28K$1K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h798.45+0.086%$1.6M$161K25xas long as short
Hibachi BNB/USDT-P+0.0280%1h797.79+0.003%$68K$38K12xas long as short
Hyperliquid BNB+0.0293%1h799.38+0.203%$53.1M$20.3M10xas long as short
Reya BNBRUSDPERPlong+0.0330%1h797.76long leg$6K$3K40x
Backpack BNB_USDC_PERP+0.0426%1h799.14+0.173%$2.7M$5.7M40xas long as short