BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0039%/8h= −4.3% APRnext payment −$0.39 per $10,000 · paid last 24h +0.002%

Price spread now: MEXC against Gate+0.114%7-day average +0.204% · you sell dearer than you buy

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$240.243% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.003%$0 on $10k

Price spread, last 7 days+0.138%+$14 · spread now +0.114%, 7d avg +0.204%

Together, before fees+0.136%+$14 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 MEXC is 0.090% cheaper against Gate than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.204%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BNB_USDT	789.20	0.0100	pay 0.0100% / 8h	4h 17m	$35.5M	$57.4M	75x
Short	MEXC BNB_USDT	790.10	0.0061	get 0.0061% / 8h	4h 17m	$80.2M	$12.4M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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

Position, each leg$Hold fordaysFee GatebpFee MEXCbpOrdersPrice spread, now +0.114%Rate

Funding earned: −$8.19
Price spread: +0.114% → +0.204%: −$9.02
Slippage, 4 orders: −$5.33
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$41.53
Costs to cover: 0.243%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; MEXC: 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 Gate live order book, 2 min ago	0.32 bp	9.2 bp −$9	13.2 bp −$132	29.6 bp −$2,961	59.4 bp −$29.7K
Sell MEXC live order book, 2 min ago	0.63 bp	2.6 bp −$3	5.6 bp −$56	15.0 bp −$1,496	31.0 bp −$15.5K

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 −0.0188% / S +0.0352%	1h	789.26	+0.008%	$46K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	789.41	+0.027%	$4K	$42	25x	as long as short
StandX BNB-USD	0.0000%	1h	789.11	−0.011%	$851K	$3.2M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	789.23	+0.004%	$9.5M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.013%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0037%	8h	789.79	+0.075%	$6.1M	$18.7M	200x	as long as short
BingX BNB-USDC	+0.0051%	8h	789.19	−0.001%	—	$13.4M	—	as long as short
Phemex BNBUSDT	+0.0058%	8h	789.52	+0.041%	$69.1M	$50.0M	50x	as long as short
Binance BNBUSDT	+0.0061%	8h	789.89	+0.087%	$492.9M	$789.6M	75x	as long as short
MEXC BNB_USDTshort	+0.0061%	8h	790.10	+0.114%	$80.2M	$12.4M	200x

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International BNB-PERP-INTX	+0.0064%	1h	789.45	+0.032%	$582K	$1.9M	50x	as long as short
Lighter BNB	+0.0096%	1h	789.34	+0.017%	$2.7M	$3.8M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	789.35	+0.019%	$266K	$492K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	788.95	−0.032%	$1.5M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	789.77	+0.072%	$51.8M	$17.5M	10x	as long as short
Pacifica BNB	+0.0100%	1h	789.44	+0.030%	$1.2M	$931K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	789.18	−0.003%	$138.8M	$74.6M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	789.10	−0.013%	$53.4M	$111.3M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	789.40	+0.025%	$52K	$130K	10x	as long as short
Gate BNB_USDTlong	+0.0100%	8h	789.20	long leg	$35.5M	$57.4M	75x
KuCoin BNBUSDTM	+0.0100%	8h	789.14	−0.008%	$28.1M	$10.4M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	789.04	−0.020%	$76.3M	$30.1M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	789.55	+0.044%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	788.80	−0.050%	$4.1M	$4.6M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	789.65	+0.057%	$4.1M	$73.3M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	789.43	+0.029%	$159K	$440K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	789.07	−0.016%	$133K	$950K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	789.48	+0.035%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	789.89	+0.088%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	789.50	+0.038%	$388K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	789.11	−0.011%	$8.1M	$9.5M	75x	as long as short
Paradex BNB-USD-PERP	+0.0101%	8h	789.83	+0.080%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	788.89	−0.039%	$1.8M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	789.40	+0.026%	$379K	$110K	10x	as long as short
Phoenix BNB	+0.0117%	1h	789.49	+0.037%	$170K	$35K	10x	as long as short
dYdX BNB-USD	+0.0122%	1h	789.35	+0.019%	$160K	$64K	10x	as long as short
GRVT BNB_USDT_Perp	+0.0150%	8h	790.01	+0.103%	$2.9M	$28.6M	10x	as long as short
Kalshi KXBNBPERP	+0.0176%	8h	789.50	+0.038%	$125K	$2.7M	4.8x	as long as short
BloFin BNB-USDT	+0.0183%	8h	789.85	+0.082%	$18.2M	$2.2M	75x	as long as short
Bulk BNB-USD	+0.0222%	1h	790.13	+0.118%	$640K	$9K	10x	as long as short
01 Exchange BNBUSD	+0.0232%	1h	789.76	+0.071%	$28K	$4K	10x	as long as short
Kraken Futures PF_BNBUSD	+0.0263%	1h	789.32	+0.015%	$2.5M	$1.2M	50x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	789.79	+0.075%	$1.5M	$143K	25x	as long as short
Reya BNBRUSDPERP	+0.0326%	1h	788.90	−0.038%	$6K	$3K	40x	as long as short
Hibachi BNB/USDT-P	+0.0392%	1h	789.18	−0.003%	$67K	$38K	12x	as long as short
RISEx BNB/USDC	+0.0461%	1h	789.52	+0.041%	$1.1M	$967K	20x	as long as short