Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Orderly against Gate+0.006%7-day average +0.046% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.058%+$6 on $10k
+Price spread, last 4 days (all we have)−0.080%−$8 · spread now +0.006%, 7d avg +0.046%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.040% cheaper against Gate than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.046%.
| 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 23m | $35.5M | $57.3M | 75x |
| Short | Orderly PERP_BNB_USDC | 789.25 | 0.0100 | get 0.0100% / 8h | 4h 23m | $265K | $492K | 50x |
Gate BNB_USDT
Orderly PERP_BNB_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Gate. 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
- −$0.01
- Price spread: +0.006% → +0.046%
- −$3.96
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$24.97
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 6 min ago; Orderly: no order-book sample. Net counts fees only.
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, 6 min ago | 0.32 bp | 9.9 bp −$10 | 13.1 bp −$131 | 28.7 bp −$2,872 | 57.8 bp −$28.9K |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 −0.0187% / S +0.0351% | 1h | 789.21 | +0.001% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 789.89 | +0.087% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 789.60 | +0.051% | $852K | $3.2M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 789.19 | −0.001% | $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 | +0.0040% | 8h | 789.77 | +0.072% | $6.1M | $18.7M | 200x | as long as short |
| BingX BNB-USDT | +0.0053% | 8h | 789.43 | +0.029% | — | $34.4M | — | as long as short |
| Phemex BNBUSDT | +0.0063% | 8h | 789.94 | +0.094% | $69.1M | $49.9M | 50x | as long as short |
| MEXC BNB_USDT | +0.0064% | 8h | 790.10 | +0.114% | $80.2M | $12.4M | 200x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0064% | 1h | 789.45 | +0.032% | $582K | $1.9M | 50x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
Aster BNBUSDT
BingX BNB-USDT
Phemex BNBUSDT
MEXC BNB_USDT
Coinbase International BNB-PERP-INTXShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNBUSDT | +0.0064% | 8h | 789.83 | +0.080% | $492.9M | $790.3M | 75x | as long as short |
| Lighter BNB | +0.0096% | 1h | 789.43 | +0.029% | $2.7M | $3.8M | 20x | as long as short |
| Orderly PERP_BNB_USDCshort | +0.0100% | 8h | 789.25 | +0.006% | $265K | $492K | 50x | |
| Nado BNB-PERP | +0.0100% | 1h | 789.25 | +0.006% | $1.5M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 789.84 | +0.081% | $51.8M | $17.5M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 789.57 | +0.047% | $1.2M | $931K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 789.21 | +0.001% | $138.8M | $74.5M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 789.20 | 0.000% | $53.4M | $111.2M | 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 | $57.3M | 75x | |
| KuCoin BNBUSDTM | +0.0100% | 8h | 789.24 | +0.005% | $27.8M | $10.4M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 788.99 | −0.027% | $76.3M | $30.1M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 789.66 | +0.058% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 789.00 | −0.025% | $4.1M | $4.6M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 789.89 | +0.087% | $4.1M | $73.2M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 790.13 | +0.118% | $159K | $440K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 789.05 | −0.019% | $133K | $950K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 789.38 | +0.023% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 789.70 | +0.063% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 789.40 | +0.025% | $388K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 789.38 | +0.023% | $8.1M | $9.5M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0101% | 8h | 789.82 | +0.078% | $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 | 789.26 | +0.008% | $379K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0117% | 1h | 789.73 | +0.067% | $170K | $35K | 10x | as long as short |
| dYdX BNB-USD | +0.0131% | 1h | 789.35 | +0.019% | $160K | $64K | 10x | as long as short |
| GRVT BNB_USDT_Perp | +0.0145% | 8h | 790.08 | +0.112% | $2.9M | $28.5M | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0178% | 8h | 789.80 | +0.076% | $126K | $2.7M | 4.8x | as long as short |
| BloFin BNB-USDT | +0.0184% | 8h | 789.74 | +0.068% | $18.1M | $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 | 789.64 | +0.056% | $28K | $4K | 10x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0263% | 1h | 789.10 | −0.012% | $2.5M | $1.2M | 50x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 789.68 | +0.061% | $1.5M | $143K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0326% | 1h | 788.95 | −0.032% | $6K | $3K | 40x | as long as short |
| Hibachi BNB/USDT-P | +0.0416% | 1h | 789.56 | +0.046% | $67K | $38K | 12x | as long as short |
| RISEx BNB/USDC | +0.0461% | 1h | 789.48 | +0.035% | $1.1M | $967K | 20x | as long as short |
Binance BNBUSDT
Lighter BNB
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
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
Aevo BNB-PERP
Phoenix BNB
dYdX BNB-USD
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
BloFin BNB-USDT
Bulk BNB-USD
01 Exchange BNBUSD
Kraken Futures PF_BNBUSD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
Hibachi BNB/USDT-P
RISEx BNB/USDC