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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0025%/8h= −2.8% APRnext payment $0.25 per $10,000 · paid last 24h +0.003%
Price spread now: Binance against Gate+0.090%7-day average +0.098% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$300.304% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.002%$0 on $10k
Price spread, last 7 days+0.008%+$1 · spread now +0.090%, 7d avg +0.098%
Together, before fees+0.006%+$1 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BNB_USDT790.000.0100pay 0.0100% / 8h5h 33m$35.3M$56.9M75x
ShortBinance BNBUSDT790.710.0075get 0.0075% / 8h5h 33m$494.3M$804.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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
−$5.28
Price spread: +0.090% → +0.098%
−$0.85
Slippage, 4 orders
−$5.37
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$36.5
Costs to cover
0.304%
Break-even
never at this rate
Slippage from Gate: live order book, 6 min ago; Binance: live order book, 11 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 Gate live order book, 6 min ago0.32 bp11.0 bp −$1115.1 bp −$15129.1 bp −$2,91158.3 bp −$29.2K
Sell Binance live order book, 11 min ago0.06 bp5.1 bp −$56.6 bp −$6619.6 bp −$1,96336.9 bp −$18.5K

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 −0.0167% / S +0.0335%1h789.96−0.005%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h790.32+0.041%$4K$23925xas long as short
StandX BNB-USD0.0000%1h790.23+0.029%$854K$3.2M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h789.99−0.002%$9.6M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.910%$19K$789K30xas long as short
Aster BNBUSDT+0.0046%8h790.56+0.071%$6.3M$18.7M200xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h789.46−0.068%$618K$1.8M50xas long as short
BingX BNB-USDT+0.0059%8h790.15+0.019%$34.3Mas long as short
MEXC BNB_USDT+0.0074%8h790.90+0.114%$80.4M$12.4M200xas long as short
Binance BNBUSDTshort+0.0075%8h790.71+0.090%$494.3M$804.4M75x
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0076%8h790.14+0.018%$69.2M$51.1M50xas long as short
Variational Omni BNB+0.0091%8h788.80−0.152%$4.1M$4.6Mas long as short
Kraken Futures PF_BNBUSD+0.0091%1h789.51−0.062%$2.5M$1.2M50xas long as short
Lighter BNB+0.0096%1h790.12+0.015%$2.8M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h790.07+0.009%$266K$497K50xas long as short
Nado BNB-PERP+0.0100%1h789.85−0.019%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h790.68+0.086%$51.8M$18.1M10xas long as short
Pacifica BNB+0.0100%1h790.14+0.018%$1.2M$908K20xas long as short
Bybit BNBUSDT+0.0100%8h790.000.000%$138.9M$77.2M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h790.10+0.013%$53.6M$112.3M50xas long as short
Arcus BNB-USD+0.0100%1h790.10+0.013%$52K$130K10xas long as short
Gate BNB_USDTlong+0.0100%8h790.00long leg$35.3M$56.9M75x
KuCoin BNBUSDTM+0.0100%8h789.89−0.014%$27.8M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h789.89−0.014%$77.0M$30.1M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h789.78−0.028%$2.2M$6.1M40xas long as short
edgeX BNBUSDC+0.0100%4h789.67−0.041%$4.1M$76.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h790.01+0.001%$159K$440K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h789.93−0.009%$135K$948K10xas long as short
Derive BNB-PERP+0.0100%1h790.28+0.035%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h790.21+0.026%$12K$1.6M50xas long as short
HTX BNB-USDT+0.0100%8h789.37−0.080%$8.1M$9.1M75xas long as short
Paradex BNB-USD-PERP+0.0103%8h790.58+0.074%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h789.58−0.053%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h790.08+0.010%$380K$110K10xas long as short
Phoenix BNB+0.0107%1h790.19+0.024%$170K$35K10xas long as short
SoDEX BNB-USD+0.0132%1h789.70−0.038%$388K$1.0M10xas long as short
GRVT BNB_USDT_Perp+0.0140%8h789.95−0.006%$2.9M$28.2M10xas long as short
Kalshi KXBNBPERP+0.0192%8h790.10+0.013%$93K$2.8M4.8xas long as short
BloFin BNB-USDT+0.0195%8h790.06+0.008%$18.2M$2.3M75xas long as short
dYdX BNB-USD+0.0231%1h789.58−0.053%$160K$63K10xas long as short
01 Exchange BNBUSD+0.0296%1h790.53+0.067%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h790.000.000%$1.5M$147K25xas long as short
Reya BNBRUSDPERP+0.0327%1h789.89−0.013%$6K$3K40xas long as short
RISEx BNB/USDC+0.0361%1h790.24+0.030%$1.1M$1.0M20xas long as short
Bulk BNB-USD+0.0383%1h789.79−0.027%$640K$6K10xas long as short
Hibachi BNB/USDT-P+0.0592%1h789.79−0.027%$67K$38K12xas long as short