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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Gate against Extended−0.031%7-day average +0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$240.245% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.045%−$5 on $10k
Price spread, last 7 days+0.024%+$2 · spread now −0.031%, 7d avg +0.039%
Together, before fees−0.021%+ Points / potential airdropExtended: Active · farm board−$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.070% cheaper against Extended than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.039%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BNB-USD806.400.0104pay 0.0013% / 1h21m 03s$1.9M$6.1M50x
ShortGate BNB_USDT806.150.0100get 0.0100% / 8h2h 21m$36.1M$58.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Extended. 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
−$0.84
Price spread: −0.031% → +0.039%
−$7.03
Slippage, 4 orders
−$4.45
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$32.33
Costs to cover
0.245%
Break-even
never at this rate
Slippage from Extended: live order book, 3 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 3 min ago0.06 bp6.0 bp −$67.1 bp −$71doesn't fitdoesn't fit
Sell Gate live order book, 3 min ago0.31 bp7.8 bp −$89.6 bp −$9628.4 bp −$2,83758.5 bp −$29.3K

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 −0.0195% / S +0.0371%1h806.17−0.029%$49K200xas long as short
Hotstuff BNB-PERP−0.0080%1h806.58+0.022%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h806.55+0.018%$3.0M$29.4M10xas long as short
Kalshi KXBNBPERP0.0000%8h806.90+0.062%$114K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h806.16−0.030%$871K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h806.18−0.028%$9.8M150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h806.28−0.016%$2.5M$908K50xas long as short
Variational Omni BNB+0.0048%8h805.22−0.147%$4.0M$5.4Mas long as short
BingX BNB-USDT+0.0054%8h806.92+0.064%$34.5Mas long as short
Bybit BNBUSDT+0.0077%8h806.400.000%$139.9M$82.5M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0088%1h804.80−0.199%$609K$879K50xas long as short
Aster BNBUSDT+0.0096%8h806.97+0.070%$6.4M$18.8M200xas long as short
Lighter BNB+0.0096%1h806.51+0.013%$2.8M$4.2M20xas long as short
Nado BNB-PERP+0.0100%1h806.12−0.035%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h806.66+0.032%$1.2M$923K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h806.70+0.037%$55.3M$116.1M50xas long as short
Arcus BNB-USD+0.0100%1h806.90+0.062%$53K$170K10xas long as short
Gate BNB_USDTshort+0.0100%8h806.15−0.031%$36.1M$58.8M75x
KuCoin BNBUSDTM+0.0100%8h806.61+0.026%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h806.33−0.009%$79.3M$24.6M75xas long as short
edgeX BNBUSDC+0.0100%4h806.75+0.043%$4.2M$76.9M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h806.35−0.007%$159K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h806.19−0.027%$119K$868K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h806.23−0.022%$390K$593K50xas long as short
Derive BNB-PERP+0.0100%1h806.45+0.006%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h806.74+0.041%$13K$1.7M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h806.74+0.042%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h806.11−0.037%$8.2M$7.5M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h807.10+0.086%$79K$19K50xas long as short
Extended BNB-USDlong+0.0104%1h806.40long leg$1.9M$6.1M50x
Aevo BNB-PERP+0.0104%1h806.33−0.009%$387K$40K10xas long as short
MEXC BNB_USDT+0.0111%8h807.80+0.173%$84.8M$13.6M200xas long as short
Binance BNBUSDT+0.0113%8h807.42+0.126%$521.4M$805.2M75xas long as short
Phemex BNBUSDT+0.0123%8h806.85+0.055%$70.4M$51.8M50xas long as short
Phoenix BNB+0.0125%1h806.38−0.003%$173K$35K10xas long as short
Hyperliquid BNB+0.0187%1h807.53+0.140%$52.0M$21.4M10xas long as short
SoDEX BNB-USD+0.0206%1h806.30−0.013%$396K$1.0M10xas long as short
RISEx BNB/USDC+0.0209%1h806.60+0.024%$1.2M$1.5M20xas long as short
Bulk BNB-USD+0.0217%1h806.94+0.067%$652K$11K10xas long as short
BloFin BNB-USDT+0.0233%8h806.96+0.069%$18.8M$3.1M75xas long as short
Hibachi BNB/USDT-P+0.0240%1h806.21−0.024%$71K$48K12xas long as short
dYdX BNB-USD+0.0251%1h806.37−0.004%$171K$55K10xas long as short
Reya BNBRUSDPERP+0.0334%1h805.80−0.075%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0344%1h807.24+0.104%$29K$1K10xas long as short
Injective BNB/USDC PERP+0.0353%1h804.89−0.188%$19K$627K30xas long as short
Backpack BNB_USDC_PERP+0.0650%1h807.80+0.173%$3.0M$5.5M40xas long as short