BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0019%/8h= −2.1% APRnext payment −$0.19 per $10,000 · paid last 24h −0.011%

Price spread now: Gate against Binance−0.085%7-day average −0.098% · you buy dearer than you sell

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$310.308% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.004%$0 on $10k

Price spread, last 7 days−0.010%−$1 · spread now −0.085%, 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BNBUSDT	801.33	0.0119	pay 0.0119% / 8h	1h 30m	$516.8M	$829.1M	75x
Short	Gate BNB_USDT	800.65	0.0100	get 0.0100% / 8h	1h 30m	$35.8M	$58.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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 BinancebpFee GatebpOrdersPrice spread, now −0.085%Rate

Funding earned: −$3.94
Price spread: −0.085% → −0.098%: $1.31
Slippage, 4 orders: −$5.78
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$33.41
Costs to cover: 0.308%
Break-even: never at this rate

Slippage from Binance: live order book, 13 min ago; Gate: live order book, 3 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, 13 min ago	0.06 bp	5.1 bp −$5	6.2 bp −$62	15.1 bp −$1,512	doesn't fit
Sell Gate live order book, 3 min ago	0.31 bp	10.0 bp −$10	13.3 bp −$133	28.8 bp −$2,876	59.1 bp −$29.6K

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 −0.0201% / S +0.0372%	1h	801.16	−0.022%	$48K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	801.96	+0.078%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	805.39	+0.506%	$3.0M	$29.1M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	801.90	+0.071%	$158K	$2.8M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	802.23	+0.112%	$867K	$2.8M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	801.15	−0.023%	$9.7M	—	150x	as long as short
Variational Omni BNB	+0.0041%	8h	805.56	+0.527%	$4.1M	$5.3M	—	as long as short
BingX BNB-USDC	+0.0058%	8h	801.05	−0.035%	—	$13.3M	—	as long as short
Bybit BNBUSDT	+0.0081%	8h	800.41	−0.115%	$139.5M	$83.0M	75x	as long as short
Lighter BNB	+0.0096%	1h	801.01	−0.040%	$2.8M	$4.2M	20x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International BNB-PERP-INTX	+0.0096%	1h	801.19	−0.018%	$610K	$1.0M	50x	as long as short
Aster BNBUSDT	+0.0099%	8h	801.21	−0.015%	$6.4M	$19.3M	200x	as long as short
Nado BNB-PERP	+0.0100%	1h	801.30	−0.004%	$1.4M	$2.8M	20x	as long as short
Pacifica BNB	+0.0100%	1h	800.91	−0.053%	$1.2M	$923K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	800.70	−0.079%	$54.9M	$117.3M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	801.80	+0.059%	$53K	$170K	10x	as long as short
Gate BNB_USDTshort	+0.0100%	8h	800.65	−0.085%	$35.8M	$58.1M	75x
KuCoin BNBUSDTM	+0.0100%	8h	800.59	−0.092%	$28.0M	$10.6M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	800.38	−0.119%	$80.9M	$26.8M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	802.78	+0.181%	$4.2M	$77.4M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	802.46	+0.141%	$161K	$441K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	801.32	−0.001%	$121K	$880K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	800.85	−0.060%	$387K	$592K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	801.16	−0.022%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	801.87	+0.067%	$11K	$1.7M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	801.56	+0.028%	$8.2M	$7.9M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	801.52	+0.023%	$78K	$19K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	800.32	−0.126%	$1.8M	$6.1M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	801.21	−0.015%	$385K	$40K	10x	as long as short
MEXC BNB_USDT	+0.0118%	8h	801.80	+0.059%	$83.3M	$13.8M	200x	as long as short
Binance BNBUSDTlong	+0.0119%	8h	801.33	long leg	$516.8M	$829.1M	75x
Phemex BNBUSDT	+0.0129%	8h	801.43	+0.012%	$70.0M	$51.7M	50x	as long as short
SoDEX BNB-USD	+0.0139%	1h	801.10	−0.029%	$394K	$1.0M	10x	as long as short
Hibachi BNB/USDT-P	+0.0144%	1h	801.75	+0.053%	$71K	$48K	12x	as long as short
Phoenix BNB	+0.0155%	1h	804.78	+0.430%	$173K	$35K	10x	as long as short
dYdX BNB-USD	+0.0167%	1h	800.67	−0.083%	$161K	$62K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	801.34	+0.002%	$1.6M	$165K	25x	as long as short
Kraken Futures PF_BNBUSD	+0.0207%	1h	800.73	−0.074%	$2.6M	$983K	50x	as long as short
BloFin BNB-USDT	+0.0239%	8h	801.60	+0.034%	$18.8M	$2.6M	75x	as long as short
Hyperliquid BNB	+0.0264%	1h	801.71	+0.047%	$51.9M	$22.2M	10x	as long as short
Bulk BNB-USD	+0.0295%	1h	807.66	+0.790%	$652K	$14K	10x	as long as short
Injective BNB/USDC PERP	+0.0311%	1h	805.09	+0.469%	$19K	$789K	30x	as long as short
RISEx BNB/USDC	+0.0318%	1h	801.64	+0.039%	$1.1M	$1.4M	20x	as long as short
Reya BNBRUSDPERP	+0.0333%	1h	800.90	−0.053%	$6K	$3K	40x	as long as short
01 Exchange BNBUSD	+0.0344%	1h	802.20	+0.108%	$28K	$1K	10x	as long as short
Backpack BNB_USDC_PERP	+0.0669%	1h	801.73	+0.050%	$3.0M	$5.5M	40x	as long as short