BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.12 per $10,000 · paid last 24h +0.010%

Price spread now: MEXC against Gate+0.201%7-day average +0.207% · you sell dearer than you buy

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$270.269% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.005%−$1 on $10k

Price spread, last 7 days+0.045%+$5 · spread now +0.201%, 7d avg +0.207%

Together, before fees+0.040%+$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.207%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BNB_USDT	797.80	0.0100	pay 0.0100% / 8h	24m 26s	$35.7M	$58.2M	75x
Short	MEXC BNB_USDT	799.40	0.0112	get 0.0112% / 8h	24m 26s	$83.0M	$13.5M	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 +0.201%Rate

Funding earned: $2.52
Price spread: +0.201% → +0.207%: −$0.62
Slippage, 4 orders: −$7.88
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$24.98
Costs to cover: 0.269%
Break-even: 76.4 days

Slippage from Gate: live order book, 4 min ago; MEXC: live order book, 5 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, 4 min ago	0.94 bp	9.4 bp −$9	12.7 bp −$127	27.4 bp −$2,740	55.3 bp −$27.7K
Sell MEXC live order book, 5 min ago	0.63 bp	5.1 bp −$5	8.4 bp −$84	18.7 bp −$1,875	33.6 bp −$16.8K

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	798.20	+0.050%	$47K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	798.26	+0.058%	$4K	$1K	25x	as long as short
Kraken Futures PF_BNBUSD	−0.0074%	1h	798.34	+0.067%	$2.5M	$972K	50x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	799.10	+0.163%	$3.0M	$27.9M	10x	as long as short
StandX BNB-USD	0.0000%	1h	799.15	+0.169%	$864K	$2.9M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	798.20	+0.050%	$9.7M	—	150x	as long as short
Variational Omni BNB	+0.0013%	8h	798.06	+0.032%	$4.1M	$5.4M	—	as long as short
BingX BNB-USDT	+0.0038%	8h	798.06	+0.033%	—	$34.8M	—	as long as short
Bybit BNBUSDT	+0.0044%	8h	797.60	−0.025%	$138.4M	$77.0M	75x	as long as short
Coinbase International BNB-PERP-INTX	+0.0072%	1h	799.89	+0.262%	$606K	$986K	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster BNBUSDT	+0.0090%	8h	798.50	+0.087%	$6.3M	$18.9M	200x	as long as short
Lighter BNB	+0.0096%	1h	798.49	+0.087%	$2.8M	$4.1M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	797.65	−0.019%	$1.4M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	798.24	+0.055%	$1.2M	$926K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	797.70	−0.013%	$54.3M	$112.7M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	798.20	+0.050%	$52K	$133K	10x	as long as short
Gate BNB_USDTlong	+0.0100%	8h	797.80	long leg	$35.7M	$58.2M	75x
KuCoin BNBUSDTM	+0.0100%	8h	798.03	+0.029%	$27.9M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	797.52	−0.035%	$78.9M	$27.5M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	799.89	+0.262%	$4.2M	$76.1M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	800.17	+0.297%	$161K	$441K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	797.76	−0.005%	$116K	$875K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	798.23	+0.054%	$386K	$497K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	798.43	+0.080%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	798.92	+0.140%	$13K	$1.7M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	798.50	+0.088%	$393K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	798.52	+0.090%	$8.2M	$8.0M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	798.44	+0.080%	$78K	$19K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	797.44	−0.046%	$1.8M	$6.5M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	798.54	+0.093%	$384K	$40K	10x	as long as short
Phemex BNBUSDT	+0.0111%	8h	798.93	+0.142%	$69.8M	$50.5M	50x	as long as short
Binance BNBUSDT	+0.0112%	8h	798.45	+0.082%	$498.6M	$817.2M	75x	as long as short
MEXC BNB_USDTshort	+0.0112%	8h	799.40	+0.201%	$83.0M	$13.5M	200x
Kalshi KXBNBPERP	+0.0122%	8h	798.90	+0.138%	$108K	$2.9M	4.8x	as long as short
Phoenix BNB	+0.0127%	1h	800.12	+0.291%	$172K	$36K	10x	as long as short
Hibachi BNB/USDT-P	+0.0176%	1h	798.45	+0.081%	$70K	$43K	12x	as long as short
Hyperliquid BNB	+0.0191%	1h	798.74	+0.118%	$52.1M	$21.0M	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	798.69	+0.112%	$1.6M	$165K	25x	as long as short
BloFin BNB-USDT	+0.0232%	8h	798.94	+0.143%	$18.2M	$2.5M	75x	as long as short
Bulk BNB-USD	+0.0239%	1h	800.03	+0.280%	$650K	$19K	10x	as long as short
RISEx BNB/USDC	+0.0258%	1h	798.08	+0.036%	$1.1M	$1.4M	20x	as long as short
01 Exchange BNBUSD	+0.0296%	1h	798.48	+0.085%	$28K	$1K	10x	as long as short
Injective BNB/USDC PERP	+0.0306%	1h	805.09	+0.914%	$19K	$789K	30x	as long as short
Reya BNBRUSDPERP	+0.0331%	1h	797.53	−0.034%	$6K	$3K	40x	as long as short
dYdX BNB-USD	+0.0382%	1h	798.50	+0.088%	$161K	$62K	10x	as long as short
Backpack BNB_USDC_PERP	+0.0399%	1h	799.14	+0.168%	$2.7M	$5.7M	40x	as long as short