Funding you earn now, next payment 01:00 UTC−0.0147%/8h= −16.1% APRpaid last 24h −0.102%
Price spread now: Gate against dYdX+0.065%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$570.573% of the position
Funding, last 7 days−0.473%−$47 on $10k
+Price spread, last 4 days (all we have)−0.076%−$8 · spread now +0.065%, 7d avg −0.016%
=The price spread pays, funding is against you. Gate is 0.081% dearer against dYdX than usual: you sell high and buy low (spread +0.065% now, against its 7-day average of −0.016%): +$8 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 44 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX BNB-USD | 798.18 | 0.0244 | pay 0.0030% / 1h | 32m 05s | $161K | $63K | 10x |
| Short | Gate BNB_USDT | 798.70 | 0.0097 | get 0.0097% / 8h | 7h 32m | $35.7M | $56.2M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against dYdX. 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
- −$30.83
- Price spread: +0.065% → −0.016%
- $8.08
- Slippage, 4 orders
- −$32.29
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$80.05
- Costs to cover
- 0.573%
- Break-even
- never at this rate
Slippage from dYdX: live order book, 42 min ago; Gate: live order book, 2 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 dYdX live order book, 42 min ago | 9.69 bp | 16.2 bp −$16 | 22.8 bp −$228 | 30.3 bp −$3,031 | 97.5 bp −$48.7K |
| Sell Gate live order book, 2 min ago | 0.31 bp | 9.5 bp −$9 | 11.9 bp −$119 | 28.0 bp −$2,797 | 57.9 bp −$29.0K |
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 +0.0334% | 1h | 798.51 | +0.042% | $47K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0121% | 1h | 798.71 | +0.067% | $2.5M | $966K | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 798.41 | +0.029% | $4K | $239 | 25x | as long as short |
| BingX BNB-USDT | −0.0034% | 8h | 798.71 | +0.066% | — | $35.0M | — | as long as short |
| Bybit BNBUSDT | −0.0020% | 8h | 798.44 | +0.033% | $138.6M | $75.1M | 75x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 798.97 | +0.099% | $3.0M | $27.4M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 799.41 | +0.154% | $864K | $2.9M | 30x | as long as short |
| Phemex BNBUSDT | 0.0000% | 8h | 799.26 | +0.135% | $69.8M | $50.3M | 50x | as long as short |
| Variational Omni BNB | +0.0004% | 8h | 798.73 | +0.068% | $4.1M | $5.2M | — | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 798.45 | +0.034% | $9.7M | — | 150x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +0.866% | $19K | $789K | 30x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0048% | 1h | 798.73 | +0.069% | $602K | $972K | 50x | as long as short |
| Aster BNBUSDT | +0.0062% | 8h | 798.77 | +0.074% | $6.2M | $19.1M | 200x | as long as short |
| MEXC BNB_USDT | +0.0084% | 8h | 799.70 | +0.190% | $83.1M | $13.6M | 200x | as long as short |
| Binance BNBUSDT | +0.0084% | 8h | 799.32 | +0.143% | $496.2M | $806.5M | 75x | as long as short |
| Lighter BNB | +0.0096% | 1h | 798.96 | +0.098% | $2.8M | $4.0M | 20x | as long as short |
| Gate BNB_USDTshort | +0.0097% | 8h | 798.70 | +0.065% | $35.7M | $56.2M | 75x | |
| Phoenix BNB | +0.0099% | 1h | 799.20 | +0.128% | $172K | $36K | 10x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 797.85 | −0.041% | $1.5M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 798.25 | +0.009% | $1.2M | $924K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 798.50 | +0.040% | $54.1M | $110.3M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 798.10 | −0.010% | $52K | $133K | 10x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 798.61 | +0.054% | $27.9M | $10.0M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 798.47 | +0.036% | $78.8M | $27.3M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 799.05 | +0.109% | $4.2M | $76.4M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 799.32 | +0.143% | $161K | $436K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 798.12 | −0.008% | $116K | $873K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 798.60 | +0.053% | $386K | $458K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 798.77 | +0.074% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 798.84 | +0.083% | $13K | $1.7M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 798.80 | +0.078% | $393K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 798.65 | +0.058% | $8.2M | $8.2M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 798.72 | +0.068% | $78K | $18K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 798.20 | +0.003% | $1.8M | $6.3M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 798.65 | +0.059% | $384K | $108K | 10x | as long as short |
| Bulk BNB-USD | +0.0127% | 1h | 799.69 | +0.189% | $649K | $10K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0153% | 8h | 798.80 | +0.078% | $91K | $2.8M | 4.8x | as long as short |
| RISEx BNB/USDC | +0.0155% | 1h | 797.89 | −0.036% | $1.1M | $1.4M | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0160% | 1h | 799.09 | +0.113% | $69K | $37K | 12x | as long as short |
| BloFin BNB-USDT | +0.0205% | 8h | 799.34 | +0.145% | $18.1M | $2.5M | 75x | as long as short |
| 01 Exchange BNBUSD | +0.0208% | 1h | 798.31 | +0.016% | $28K | $1K | 10x | as long as short |
| dYdX BNB-USDlong | +0.0244% | 1h | 798.18 | long leg | $161K | $63K | 10x | |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 799.14 | +0.121% | $1.6M | $160K | 25x | as long as short |
| Hyperliquid BNB | +0.0309% | 1h | 799.63 | +0.182% | $53.2M | $20.6M | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0330% | 1h | 797.84 | −0.043% | $6K | $3K | 40x | as long as short |
| Backpack BNB_USDC_PERP | +0.0392% | 1h | 799.62 | +0.180% | $2.7M | $5.6M | 40x | as long as short |
Gate BNB_USDT
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
BingX BNB-USDT
Bybit BNBUSDT
GRVT BNB_USDT_Perp
StandX BNB-USD
Phemex BNBUSDT
Variational Omni BNB
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
Coinbase International BNB-PERP-INTX
Aster BNBUSDT
MEXC BNB_USDT
Binance BNBUSDT
Lighter BNB
Phoenix BNB
Pacifica BNB
OKX BNB-USDT-SWAP
KuCoin BNBUSDTM
Bitget BNBUSDT
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
Kalshi KXBNBPERP
RISEx BNB/USDC
BloFin BNB-USDT
01 Exchange BNBUSD
Deribit BNB_USDC-PERPETUAL
Hyperliquid BNB
Backpack BNB_USDC_PERP