Funding you earn now, next payment 11:00 UTC+0.0216%/8h= +23.6% APRpaid last 24h +0.068%
Price spread now: Reya against Gate−0.070%62s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Reya is 0.070% cheaper against Gate than usual: you would sell low and buy high (spread −0.070% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 26 hours of funding at the current rate (+$6 a day). The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BNB_USDT | 787.15 | 0.0100 | pay 0.0100% / 8h | 5h 08m | $42.0M | $54.4M | 75x |
| Short | Reya BNBRUSDPERP | 786.60 | 0.0316 | get 0.0039% / 1h | 8m 20s | $6K | $3K | 40x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $45.34
- Price spread: −0.070% → 0.000%
- −$6.97
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $17.37
- Costs to cover
- 0.210%
- Break-even
- 4.3 days
Slippage unknown: Gate: live order book, 4 min ago; Reya: 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, 4 min ago | 0.32 bp | 8.7 bp −$9 | 10.5 bp −$105 | 24.7 bp −$2,470 | 53.2 bp −$26.6K |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 45 exchanges
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 −0.0166% / S +0.0336% | 1h | 786.81 | −0.044% | $43K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0085% | 1h | 787.10 | −0.006% | $2.7M | $1.4M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 787.94 | +0.100% | $4K | — | 25x | as long as short |
| Bybit BNBUSDT | −0.0031% | 8h | 786.70 | −0.057% | $138.6M | $65.6M | 75x | as long as short |
| BingX BNB-USDC | −0.0023% | 8h | 787.14 | −0.001% | — | $13.4M | — | as long as short |
| Aster BNBUSDT | 0.0000% | 8h | 787.74 | +0.075% | $6.0M | $16.8M | 200x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 787.40 | +0.032% | $2.9M | $26.4M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 787.40 | +0.032% | $155K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 787.96 | +0.103% | $850K | $3.0M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 786.93 | −0.028% | $9.5M | — | 150x | as long as short |
Show all 45 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BNB_USDT | +0.0011% | 8h | 788.60 | +0.184% | $83.5M | $11.9M | 200x | as long as short |
| Binance BNBUSDT | +0.0011% | 8h | 787.73 | +0.074% | $480.9M | $756.4M | 75x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.279% | $19K | $789K | 30x | as long as short |
| BloFin BNB-USDT | +0.0045% | 8h | 787.51 | +0.046% | $18.5M | $2.2M | 75x | as long as short |
| Phemex BNBUSDT | +0.0090% | 8h | 787.78 | +0.080% | $68.4M | $50.5M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 787.37 | +0.028% | $2.7M | $3.4M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 786.95 | −0.025% | $1.4M | $2.3M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 787.70 | +0.070% | $51.9M | $16.8M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 787.43 | +0.035% | $1.2M | $930K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 787.00 | −0.019% | $53.4M | $101.1M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 787.40 | +0.032% | $57K | $124K | 10x | as long as short |
| Gate BNB_USDTlong | +0.0100% | 8h | 787.15 | long leg | $42.0M | $54.4M | 75x | |
| KuCoin BNBUSDTM | +0.0100% | 8h | 786.93 | −0.028% | $28.1M | $9.6M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 786.85 | −0.038% | $75.8M | $30.8M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 787.62 | +0.060% | $2.2M | $6.0M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 786.26 | −0.113% | $4.3M | $4.4M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 787.55 | +0.051% | $4.1M | $71.2M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 787.30 | +0.019% | $158K | $459K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 787.02 | −0.017% | $128K | $905K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 787.18 | +0.004% | $264K | $297K | 50x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 787.67 | +0.066% | $12K | $1.3M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 787.30 | +0.019% | $387K | $925K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 787.33 | +0.023% | $1.5M | $126K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 787.19 | +0.005% | $8.0M | $9.9M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 787.69 | +0.069% | $78K | $1.3M | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 786.70 | −0.058% | $1.8M | $5.5M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 787.01 | −0.018% | $378K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0120% | 1h | 787.78 | +0.080% | $158K | $45K | 10x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0120% | 1h | 787.64 | +0.062% | $545K | $1.9M | 50x | as long as short |
| 01 Exchange BNBUSD | +0.0224% | 1h | 787.67 | +0.066% | $28K | $3K | 10x | as long as short |
| Bulk BNB-USD | +0.0289% | 1h | 787.73 | +0.073% | $638K | $10K | 10x | as long as short |
| Hibachi BNB/USDT-P | +0.0304% | 1h | 787.14 | −0.001% | $67K | $37K | 12x | as long as short |
| Reya BNBRUSDPERPshort | +0.0316% | 1h | 786.60 | −0.070% | $6K | $3K | 40x | |
| RISEx BNB/USDC | +0.0393% | 1h | 787.36 | +0.026% | $1.1M | $888K | 20x | as long as short |
| dYdX BNB-USD | +0.0910% | 1h | 786.85 | −0.038% | $158K | $34K | 10x | as long as short |
Gate BNB_USDT
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Bybit BNBUSDT
BingX BNB-USDC
Aster BNBUSDT
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
MEXC BNB_USDT
Binance BNBUSDT
Injective BNB/USDC PERP
BloFin BNB-USDT
Phemex BNBUSDT
Lighter BNB
Hyperliquid BNB
Pacifica BNB
OKX BNB-USDT-SWAP
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
SunX BNB-USDT
SoDEX BNB-USD
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Phoenix BNB
Coinbase International BNB-PERP-INTX
01 Exchange BNBUSD
Bulk BNB-USD
RISEx BNB/USDC