Funding you earn now, next payment 08:00 UTC−0.0049%/8h= −5.4% APRnext payment −$0.49 per $10,000 · paid last 24h +0.001%
Price spread now: Aster against Bitget+0.035%7-day average +0.131% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$230.233% of the position
Funding, last 7 days−0.034%−$3 on $10k
+Price spread, last 7 days+0.082%+$8 · spread now +0.035%, 7d avg +0.131%
=Together, before fees+0.048%+ Points / potential airdropAster: Stage 5 · farm board+$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.095% cheaper against Bitget than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.131%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BNBUSDT | 798.36 | 0.0100 | pay 0.0100% / 8h | 7h 10m | $78.2M | $28.0M | 75x |
| Short | Aster BNBUSDT | 798.64 | 0.0051 | get 0.0051% / 8h | 7h 10m | $6.1M | $19.4M | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$10.39
- Price spread: +0.035% → +0.131%
- −$9.53
- Slippage, 4 orders
- −$3.27
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$43.19
- Costs to cover
- 0.233%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; Aster: 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 Bitget live order book, 3 min ago | 0.06 bp | 7.6 bp −$8 | 10.4 bp −$104 | 20.3 bp −$2,034 | doesn't fit |
| Sell Aster live order book, 3 min ago | 0.38 bp | 4.5 bp −$4 | 6.7 bp −$67 | 20.5 bp −$2,052 | doesn't fit |
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 −0.0159% / S +0.0335% | 1h | 798.19 | −0.021% | $47K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0121% | 1h | 798.19 | −0.021% | $2.5M | $1.0M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 798.63 | +0.034% | $4K | $239 | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 799.74 | +0.173% | $3.0M | $27.9M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 799.92 | +0.195% | $864K | $2.9M | 30x | as long as short |
| Gate BNB_USDT | +0.0002% | 8h | 798.50 | +0.018% | $35.9M | $57.0M | 75x | as long as short |
| Variational Omni BNB | +0.0008% | 8h | 797.92 | −0.055% | $4.1M | $5.1M | — | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 798.13 | −0.029% | $9.7M | — | 150x | as long as short |
| Phemex BNBUSDT | +0.0028% | 8h | 798.76 | +0.050% | $69.8M | $50.1M | 50x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +0.843% | $19K | $789K | 30x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BNB-USDC | +0.0035% | 8h | 798.87 | +0.064% | — | $13.4M | — | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0048% | 1h | 799.07 | +0.089% | $615K | $1.1M | 50x | as long as short |
| Aster BNBUSDTshort | +0.0051% | 8h | 798.64 | +0.035% | $6.1M | $19.4M | 200x | |
| Bybit BNBUSDT | +0.0064% | 8h | 798.48 | +0.015% | $138.6M | $76.0M | 75x | as long as short |
| Binance BNBUSDT | +0.0073% | 8h | 799.21 | +0.107% | $496.4M | $809.2M | 75x | as long as short |
| MEXC BNB_USDT | +0.0074% | 8h | 799.40 | +0.130% | $83.1M | $13.7M | 200x | as long as short |
| Lighter BNB | +0.0096% | 1h | 798.33 | −0.003% | $2.8M | $4.0M | 20x | as long as short |
| Phoenix BNB | +0.0099% | 1h | 800.04 | +0.210% | $172K | $36K | 10x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 798.20 | −0.020% | $1.5M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 798.46 | +0.013% | $1.2M | $937K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 798.50 | +0.018% | $54.2M | $110.7M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 798.60 | +0.030% | $53K | $127K | 10x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 798.17 | −0.024% | $27.9M | $10.0M | 75x | as long as short |
| Bitget BNBUSDTlong | +0.0100% | 8h | 798.36 | long leg | $78.2M | $28.0M | 75x | |
| edgeX BNBUSDC | +0.0100% | 4h | 799.52 | +0.146% | $4.2M | $76.9M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 799.37 | +0.127% | $161K | $435K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 798.21 | −0.019% | $113K | $884K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 798.15 | −0.026% | $386K | $459K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 798.23 | −0.016% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 798.92 | +0.070% | $13K | $1.6M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 798.30 | −0.008% | $392K | $995K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 798.13 | −0.029% | $8.2M | $8.3M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 799.04 | +0.085% | $78K | $18K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 798.12 | −0.030% | $1.8M | $6.0M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 798.14 | −0.027% | $383K | $110K | 10x | as long as short |
| Bulk BNB-USD | +0.0138% | 1h | 797.80 | −0.070% | $648K | $10K | 10x | as long as short |
| RISEx BNB/USDC | +0.0155% | 1h | 798.33 | −0.004% | $1.1M | $1.4M | 20x | as long as short |
| Kalshi KXBNBPERP | +0.0162% | 8h | 798.80 | +0.055% | $90K | $2.8M | 4.8x | as long as short |
| dYdX BNB-USD | +0.0190% | 1h | 798.50 | +0.018% | $161K | $63K | 10x | as long as short |
| BloFin BNB-USDT | +0.0193% | 8h | 798.69 | +0.041% | $18.1M | $2.5M | 75x | as long as short |
| 01 Exchange BNBUSD | +0.0200% | 1h | 798.83 | +0.059% | $28K | $1K | 10x | as long as short |
| Hyperliquid BNB | +0.0289% | 1h | 799.49 | +0.141% | $53.1M | $20.3M | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 798.60 | +0.030% | $1.6M | $161K | 25x | as long as short |
| Hibachi BNB/USDT-P | +0.0320% | 1h | 799.02 | +0.083% | $68K | $38K | 12x | as long as short |
| Reya BNBRUSDPERP | +0.0330% | 1h | 798.06 | −0.038% | $6K | $3K | 40x | as long as short |
| Backpack BNB_USDC_PERP | +0.0428% | 1h | 798.98 | +0.078% | $2.7M | $5.7M | 40x | as long as short |
Bitget BNBUSDT
Aster BNBUSDT
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
GRVT BNB_USDT_Perp
StandX BNB-USD
Gate BNB_USDT
Variational Omni BNB
gTrade (Gains Network) BNB/USD
Phemex BNBUSDT
Injective BNB/USDC PERP
BingX BNB-USDC
Coinbase International BNB-PERP-INTX
Bybit BNBUSDT
Binance BNBUSDT
MEXC BNB_USDT
Lighter BNB
Phoenix BNB
Pacifica BNB
OKX BNB-USDT-SWAP
KuCoin BNBUSDTM
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Bulk BNB-USD
RISEx BNB/USDC
Kalshi KXBNBPERP
BloFin BNB-USDT
01 Exchange BNBUSD
Hyperliquid BNB
Deribit BNB_USDC-PERPETUAL
Backpack BNB_USDC_PERP