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

BNB

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 16:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.33 per $10,000 · paid last 24h −0.033%
Price spread now: Gate against BloFin−0.090%93s7-day average −0.098% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$320.320% of the position
Long on BloFinShort on Gate
What this pair did over the last
the charts below follow
Funding, last 7 days−0.216%−$22 on $10k
Price spread, last 4 days (all we have)+0.140%+$14 · spread now −0.090%, 7d avg −0.098%
Together, before fees−0.076%−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.098%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.216%, so the current rate has only just turned in your favour. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin BNB-USDT788.010.0067pay 0.0067% / 8h5h 55m$18.4M$2.2M75x
ShortGate BNB_USDT787.300.0100get 0.0100% / 8h5h 55m$41.1M$53.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against BloFin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$6.9
Price spread: −0.090% → −0.098%
$0.77
Slippage, 4 orders
−$4.96
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$24.29
Costs to cover
0.320%
Break-even
31.6 days
Slippage from BloFin: live order book, 6 min ago; Gate: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 6 min ago0.06 bp6.5 bp −$77.7 bp −$7714.5 bp −$1,455doesn't fit
Sell Gate live order book, 1 min ago0.32 bp10.4 bp −$1013.0 bp −$13027.3 bp −$2,72656.3 bp −$28.1K

BNB on 45 exchanges

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 −0.0166% / S +0.0336%1h787.27−0.094%$43K—200xas long as short
Kraken Futures PF_BNBUSD−0.0085%1h787.21−0.101%$2.5M$1.2M50xas long as short
Hotstuff BNB-PERP−0.0080%1h788.09+0.010%$4K—25xas long as short
Aster BNBUSDT0.0000%8h787.96−0.007%$5.9M$17.1M200xas long as short
GRVT BNB_USDT_Perp0.0000%8h787.97−0.005%$2.9M$26.4M10xas long as short
Kalshi KXBNBPERP0.0000%8h787.90−0.014%$139K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h788.38+0.047%$850K$2.9M30xas long as short
Deribit BNB_USDC-PERPETUAL0.0000%1h787.54−0.059%$1.5M$157K25xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h787.45−0.071%$9.5M—150xas long as short
Binance BNBUSDT+0.0016%8h787.97−0.005%$481.7M$766.4M75xas long as short
Show all 45 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BNB_USDT+0.0016%8h789.10+0.138%$83.4M$11.7M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.167%$19K$789K30xas long as short
Bybit BNBUSDT+0.0048%8h787.10−0.115%$138.5M$67.1M75xas long as short
BloFin BNB-USDTlong+0.0067%8h788.01long leg$18.4M$2.2M75x
Phemex BNBUSDT+0.0089%8h787.88−0.016%$68.5M$51.1M50xas long as short
Phoenix BNB+0.0094%1h787.95−0.008%$158K$45K10xas long as short
Lighter BNB+0.0096%1h787.49−0.065%$2.7M$3.3M20xas long as short
Nado BNB-PERP+0.0100%1h787.41−0.076%$1.4M$2.4M20xas long as short
Hyperliquid BNB+0.0100%1h787.97−0.005%$51.9M$16.9M10xas long as short
Pacifica BNB+0.0100%1h787.62−0.050%$1.2M$932K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h787.20−0.103%$53.3M$102.2M50xas long as short
Arcus BNB-USD+0.0100%1h787.50−0.065%$57K$122K10xas long as short
Gate BNB_USDTshort+0.0100%8h787.30−0.090%$41.1M$53.8M75x
KuCoin BNBUSDTM+0.0100%8h787.11−0.114%$28.2M$9.6M75xas long as short
Bitget BNBUSDT+0.0100%8h787.07−0.119%$75.6M$30.7M75xas long as short
BingX BNB-USDT+0.0100%8h787.55−0.058%—$50.2M—as long as short
Backpack BNB_USDC_PERP+0.0100%1h787.75−0.033%$2.2M$6.0M40xas long as short
Variational Omni BNB+0.0100%8h786.85−0.147%$4.3M$4.5M—as long as short
edgeX BNBUSDC+0.0100%4h787.81−0.025%$4.1M$74.6M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h787.98−0.004%$159K$444K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h787.37−0.081%$130K$905K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.23−0.099%$264K$297K50xas long as short
SunX BNB-USDT+0.0100%8h787.82−0.024%$12K$1.3M50xas long as short
SoDEX BNB-USD+0.0100%1h787.60−0.052%$387K$926K10xas long as short
HTX BNB-USDT+0.0100%8h787.60−0.052%$8.0M$10.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h787.90−0.014%$78K$356K50xas long as short
Extended BNB-USD+0.0104%1h786.94−0.135%$1.8M$5.6M50xas long as short
Aevo BNB-PERP+0.0104%1h787.16−0.108%$378K$110K10xas long as short
Coinbase International BNB-PERP-INTX+0.0120%1h788.03+0.003%$545K$1.9M50xas long as short
01 Exchange BNBUSD+0.0240%1h787.87−0.018%$28K$3K10xas long as short
Bulk BNB-USD+0.0282%1h788.09+0.011%$639K$010xas long as short
Reya BNBRUSDPERP+0.0317%1h786.94−0.136%$6K$3K40xas long as short
Hibachi BNB/USDT-P+0.0320%1h787.75−0.034%$67K$37K12xas long as short
RISEx BNB/USDC+0.0393%1h787.81−0.025%$1.1M$901K20xas long as short
dYdX BNB-USD+0.1122%1h787.47−0.068%$158K$34K10xas long as short