BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.67 per $10,000 · paid last 24h +0.013%

Price spread now: Gate against BingX−0.034%7-day average −0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$340.340% of the position

Long on BingX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.012%−$1 on $10k

Price spread, last 7 days−0.011%−$1 · spread now −0.034%, 7d avg −0.005%

Together, before fees−0.023%−$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. Gate is 0.030% cheaper against BingX than usual: you would sell low and buy high (spread −0.034% now, against its 7-day average of −0.005%). If the spread goes back, that is −$3 on $10k: about 35 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX BNB-USDC	787.22	0.0033	pay 0.0033% / 8h	3h 00m	—	$13.4M	—
Short	Gate BNB_USDT	786.95	0.0100	get 0.0100% / 8h	3h 00m	$36.2M	$58.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against BingX. 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 BingXbpFee GatebpOrdersPrice spread, now −0.034%Rate

Funding earned: $14.07
Price spread: −0.034% → −0.005%: −$2.97
Slippage, 4 orders: −$8.98
Fee BingX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$22.88
Costs to cover: 0.340%
Break-even: 18.4 days

Slippage from BingX: live order book, 8 min ago; Gate: live order book, 3 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 BingX live order book, 8 min ago	0.32 bp	6.9 bp −$7	10.2 bp −$102	22.9 bp −$2,286	70.7 bp −$35.3K
Sell Gate live order book, 3 min ago	0.32 bp	8.7 bp −$9	10.9 bp −$109	25.1 bp −$2,514	54.5 bp −$27.3K

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 −0.0192% / S +0.0356%	1h	787.00	−0.028%	$46K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0124%	1h	786.99	−0.029%	$2.5M	$1.2M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	787.33	+0.014%	$4K	$42	25x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	787.60	+0.048%	$122K	$2.7M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	787.93	+0.090%	$850K	$3.1M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	787.00	−0.028%	$9.5M	—	150x	as long as short
Aster BNBUSDT	+0.0024%	8h	787.66	+0.056%	$6.1M	$19.1M	200x	as long as short
BingX BNB-USDClong	+0.0033%	8h	787.22	long leg	—	$13.4M	—
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.270%	$19K	$789K	30x	as long as short
MEXC BNB_USDT	+0.0044%	8h	788.00	+0.099%	$79.9M	$12.1M	200x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BNBUSDT	+0.0046%	8h	787.71	+0.062%	$490.3M	$804.4M	75x	as long as short
Phemex BNBUSDT	+0.0051%	8h	787.62	+0.051%	$68.9M	$50.7M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0072%	1h	787.21	−0.001%	$579K	$1.9M	50x	as long as short
dYdX BNB-USD	+0.0083%	1h	786.57	−0.083%	$159K	$61K	10x	as long as short
Phoenix BNB	+0.0092%	1h	787.26	+0.005%	$169K	$35K	10x	as long as short
Lighter BNB	+0.0096%	1h	787.06	−0.021%	$2.7M	$3.9M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	787.08	−0.018%	$265K	$491K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	786.75	−0.060%	$1.5M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	787.63	+0.052%	$51.6M	$17.5M	10x	as long as short
Pacifica BNB	+0.0100%	1h	787.25	+0.004%	$1.2M	$934K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	787.00	−0.028%	$138.3M	$74.1M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	787.00	−0.028%	$53.5M	$111.5M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	787.30	+0.010%	$52K	$133K	10x	as long as short
Gate BNB_USDTshort	+0.0100%	8h	786.95	−0.034%	$36.2M	$58.5M	75x
KuCoin BNBUSDTM	+0.0100%	8h	786.75	−0.060%	$27.6M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	786.65	−0.072%	$76.1M	$30.7M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	787.45	+0.029%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	786.81	−0.052%	$4.1M	$4.6M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	787.45	+0.030%	$4.1M	$74.5M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	787.41	+0.024%	$158K	$437K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	786.92	−0.038%	$132K	$956K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	787.14	−0.010%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	787.77	+0.070%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	787.20	−0.003%	$387K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	786.86	−0.046%	$8.1M	$9.7M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	787.46	+0.031%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	786.69	−0.068%	$1.8M	$6.3M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	787.28	+0.008%	$378K	$110K	10x	as long as short
BloFin BNB-USDT	+0.0164%	8h	787.75	+0.067%	$17.7M	$2.2M	75x	as long as short
GRVT BNB_USDT_Perp	+0.0185%	8h	787.96	+0.094%	$2.9M	$28.9M	10x	as long as short
Bulk BNB-USD	+0.0223%	1h	788.23	+0.128%	$639K	$10K	10x	as long as short
01 Exchange BNBUSD	+0.0248%	1h	787.86	+0.081%	$28K	$4K	10x	as long as short
Reya BNBRUSDPERP	+0.0324%	1h	786.80	−0.053%	$6K	$3K	40x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0400%	1h	787.54	+0.041%	$1.5M	$143K	25x	as long as short
RISEx BNB/USDC	+0.0431%	1h	787.38	+0.020%	$1.1M	$907K	20x	as long as short
Hibachi BNB/USDT-P	+0.0440%	1h	787.22	0.000%	$67K	$39K	12x	as long as short