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−0.0147%/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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.549%−$55 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX BNB-USD798.180.0244pay 0.0030% / 1h32m 05s$161K$63K10x
ShortGate BNB_USDT798.700.0097get 0.0097% / 8h7h 32m$35.7M$56.2M75x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy dYdX live order book, 42 min ago9.69 bp16.2 bp −$1622.8 bp −$22830.3 bp −$3,03197.5 bp −$48.7K
Sell Gate live order book, 2 min ago0.31 bp9.5 bp −$911.9 bp −$11928.0 bp −$2,79757.9 bp −$29.0K

BNB on 46 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0159% / S +0.0334%1h798.51+0.042%$47K200xas long as short
Kraken Futures PF_BNBUSD−0.0121%1h798.71+0.067%$2.5M$966K50xas long as short
Hotstuff BNB-PERP−0.0080%1h798.41+0.029%$4K$23925xas long as short
BingX BNB-USDT−0.0034%8h798.71+0.066%$35.0Mas long as short
Bybit BNBUSDT−0.0020%8h798.44+0.033%$138.6M$75.1M75xas long as short
GRVT BNB_USDT_Perp0.0000%8h798.97+0.099%$3.0M$27.4M10xas long as short
StandX BNB-USD0.0000%1h799.41+0.154%$864K$2.9M30xas long as short
Phemex BNBUSDT0.0000%8h799.26+0.135%$69.8M$50.3M50xas long as short
Variational Omni BNB+0.0004%8h798.73+0.068%$4.1M$5.2Mas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h798.45+0.034%$9.7M150xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BNB/USDC PERP+0.0033%1h805.09+0.866%$19K$789K30xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h798.73+0.069%$602K$972K50xas long as short
Aster BNBUSDT+0.0062%8h798.77+0.074%$6.2M$19.1M200xas long as short
MEXC BNB_USDT+0.0084%8h799.70+0.190%$83.1M$13.6M200xas long as short
Binance BNBUSDT+0.0084%8h799.32+0.143%$496.2M$806.5M75xas long as short
Lighter BNB+0.0096%1h798.96+0.098%$2.8M$4.0M20xas long as short
Gate BNB_USDTshort+0.0097%8h798.70+0.065%$35.7M$56.2M75x
Phoenix BNB+0.0099%1h799.20+0.128%$172K$36K10xas long as short
Nado BNB-PERP+0.0100%1h797.85−0.041%$1.5M$2.7M20xas long as short
Pacifica BNB+0.0100%1h798.25+0.009%$1.2M$924K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h798.50+0.040%$54.1M$110.3M50xas long as short
Arcus BNB-USD+0.0100%1h798.10−0.010%$52K$133K10xas long as short
KuCoin BNBUSDTM+0.0100%8h798.61+0.054%$27.9M$10.0M75xas long as short
Bitget BNBUSDT+0.0100%8h798.47+0.036%$78.8M$27.3M75xas long as short
edgeX BNBUSDC+0.0100%4h799.05+0.109%$4.2M$76.4M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h799.32+0.143%$161K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h798.12−0.008%$116K$873K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h798.60+0.053%$386K$458K50xas long as short
Derive BNB-PERP+0.0100%1h798.77+0.074%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h798.84+0.083%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h798.80+0.078%$393K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h798.65+0.058%$8.2M$8.2M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h798.72+0.068%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h798.20+0.003%$1.8M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h798.65+0.059%$384K$108K10xas long as short
Bulk BNB-USD+0.0127%1h799.69+0.189%$649K$10K10xas long as short
Kalshi KXBNBPERP+0.0153%8h798.80+0.078%$91K$2.8M4.8xas long as short
RISEx BNB/USDC+0.0155%1h797.89−0.036%$1.1M$1.4M20xas long as short
Hibachi BNB/USDT-P+0.0160%1h799.09+0.113%$69K$37K12xas long as short
BloFin BNB-USDT+0.0205%8h799.34+0.145%$18.1M$2.5M75xas long as short
01 Exchange BNBUSD+0.0208%1h798.31+0.016%$28K$1K10xas long as short
dYdX BNB-USDlong+0.0244%1h798.18long leg$161K$63K10x
Deribit BNB_USDC-PERPETUAL+0.0300%1h799.14+0.121%$1.6M$160K25xas long as short
Hyperliquid BNB+0.0309%1h799.63+0.182%$53.2M$20.6M10xas long as short
Reya BNBRUSDPERP+0.0330%1h797.84−0.043%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0392%1h799.62+0.180%$2.7M$5.6M40xas long as short