Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.5% APRnext payment +$0.04 per $10,000 · paid last 24h −0.011%
Price spread now: Bitget against Binance−0.129%7-day average −0.130% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$240.242% of the position
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 7 days−0.001%$0 · spread now −0.129%, 7d avg −0.130%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BNBUSDT | 804.50 | 0.0096 | pay 0.0096% / 8h | 3h 21m | $518.7M | $809.4M | 75x |
| Short | Bitget BNBUSDT | 803.46 | 0.0100 | get 0.0100% / 8h | 3h 21m | $78.8M | $24.6M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- $0.91
- Price spread: −0.129% → −0.130%
- $0.08
- Slippage, 4 orders
- −$2.22
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$23.23
- Costs to cover
- 0.242%
- Break-even
- 185.8 days
Slippage from Binance: live order book, 7 min ago; Bitget: live order book, 7 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 Binance live order book, 7 min ago | 0.06 bp | 5.6 bp −$6 | 7.4 bp −$74 | 18.2 bp −$1,824 | doesn't fit |
| Sell Bitget live order book, 7 min ago | 0.06 bp | 6.5 bp −$7 | 8.5 bp −$85 | 12.1 bp −$1,213 | doesn't fit |
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 −0.0195% / S +0.0371% | 1h | 804.15 | −0.044% | $48K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 804.21 | −0.036% | $4K | $1K | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 804.11 | −0.049% | $3.0M | $29.9M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 804.20 | −0.037% | $109K | $2.6M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 803.51 | −0.123% | $869K | $3.0M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0008% | 1h | 804.20 | −0.038% | $9.8M | — | 150x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0064% | 1h | 805.24 | +0.092% | $609K | $903K | 50x | as long as short |
| Variational Omni BNB | +0.0071% | 8h | 804.46 | −0.005% | $4.1M | $5.5M | — | as long as short |
| Aster BNBUSDT | +0.0088% | 8h | 804.48 | −0.002% | $6.3M | $19.0M | 200x | as long as short |
| MEXC BNB_USDT | +0.0095% | 8h | 804.90 | +0.050% | $84.4M | $15.1M | 200x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNBUSDTlong | +0.0096% | 8h | 804.50 | long leg | $518.7M | $809.4M | 75x | |
| Lighter BNB | +0.0096% | 1h | 804.39 | −0.013% | $2.8M | $4.2M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 803.55 | −0.118% | $1.4M | $2.8M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 804.06 | −0.055% | $1.2M | $915K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 803.52 | −0.122% | $138.9M | $83.7M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 803.70 | −0.099% | $55.0M | $115.7M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 804.10 | −0.050% | $52K | $222K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 803.70 | −0.099% | $35.9M | $59.0M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 803.88 | −0.077% | $28.1M | $10.5M | 75x | as long as short |
| Bitget BNBUSDTshort | +0.0100% | 8h | 803.46 | −0.129% | $78.8M | $24.6M | 75x | |
| BingX BNB-USDT | +0.0100% | 8h | 803.95 | −0.068% | — | $34.4M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 804.60 | +0.013% | $4.2M | $76.9M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 804.35 | −0.019% | $159K | $437K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 803.86 | −0.080% | $118K | $876K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 804.13 | −0.046% | $389K | $596K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 804.32 | −0.023% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 804.39 | −0.013% | $13K | $1.7M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 804.20 | −0.037% | $395K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 803.87 | −0.079% | $8.2M | $7.2M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 804.55 | +0.006% | $79K | $19K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 803.43 | −0.133% | $1.9M | $6.3M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 804.30 | −0.024% | $386K | $40K | 10x | as long as short |
| Phemex BNBUSDT | +0.0106% | 8h | 804.79 | +0.036% | $70.3M | $51.6M | 50x | as long as short |
| Phoenix BNB | +0.0110% | 1h | 804.96 | +0.057% | $173K | $35K | 10x | as long as short |
| Bulk BNB-USD | +0.0126% | 1h | 804.44 | −0.007% | $650K | $11K | 10x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0131% | 1h | 804.28 | −0.028% | $2.5M | $915K | 50x | as long as short |
| RISEx BNB/USDC | +0.0143% | 1h | 804.19 | −0.038% | $1.1M | $1.4M | 20x | as long as short |
| Injective BNB/USDC PERP | +0.0157% | 1h | 800.33 | −0.518% | $19K | $423K | 30x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 804.69 | +0.023% | $1.6M | $160K | 25x | as long as short |
| BloFin BNB-USDT | +0.0216% | 8h | 803.46 | −0.129% | $18.8M | $3.0M | 75x | as long as short |
| Hibachi BNB/USDT-P | +0.0232% | 1h | 803.43 | −0.133% | $71K | $49K | 12x | as long as short |
| Hyperliquid BNB | +0.0252% | 1h | 804.94 | +0.055% | $51.7M | $21.6M | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0296% | 1h | 804.56 | +0.007% | $28K | $1K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0335% | 1h | 803.67 | −0.103% | $6K | $3K | 40x | as long as short |
| dYdX BNB-USD | +0.0418% | 1h | 803.42 | −0.134% | $170K | $55K | 10x | as long as short |
| Backpack BNB_USDC_PERP | +0.0641% | 1h | 805.29 | +0.098% | $3.0M | $5.3M | 40x | as long as short |
Binance BNBUSDT
Bitget BNBUSDT
GMX BNB/USD [WBTC.b-USDC]
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Coinbase International BNB-PERP-INTX
Variational Omni BNB
Aster BNBUSDT
MEXC BNB_USDT
Lighter BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Gate BNB_USDT
KuCoin BNBUSDTM
BingX BNB-USDT
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
Phemex BNBUSDT
Phoenix BNB
Bulk BNB-USD
Kraken Futures PF_BNBUSD
RISEx BNB/USDC
Injective BNB/USDC PERP
Deribit BNB_USDC-PERPETUAL
BloFin BNB-USDT
Hyperliquid BNB
01 Exchange BNBUSD
Backpack BNB_USDC_PERP