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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0013%/8h= −1.4% APRnext payment $0.13 per $10,000 · paid last 24h −0.010%
Price spread now: Gate against MEXC−0.144%7-day average −0.207% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$270.269% of the position
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−0.102%−$10 · spread now −0.144%, 7d avg −0.207%
Together, before fees−0.097%−$10 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.063% dearer against MEXC than usual: you sell high and buy low (spread −0.144% now, against its 7-day average of −0.207%): +$6 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 16 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BNB_USDT799.100.0113pay 0.0113% / 8h25m 51s$82.9M$13.5M200x
ShortGate BNB_USDT797.950.0100get 0.0100% / 8h25m 51s$35.7M$58.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against MEXC. 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
−$2.73
Price spread: −0.144% → −0.207%
$6.28
Slippage, 4 orders
−$7.88
Fee MEXC: 2 bp × 2 orders
−$4
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$23.32
Costs to cover
0.269%
Break-even
never at this rate
Slippage from MEXC: 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 MEXC live order book, 3 min ago0.63 bp2.6 bp −$35.3 bp −$5322.4 bp −$2,23739.3 bp −$19.6K
Sell Gate live order book, 3 min ago0.94 bp9.8 bp −$1012.3 bp −$12328.1 bp −$2,80958.4 bp −$29.2K

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 −0.0201% / S +0.0372%1h798.27−0.104%$47K200xas long as short
Hotstuff BNB-PERP−0.0080%1h798.81−0.036%$4K$1K25xas long as short
Kraken Futures PF_BNBUSD−0.0074%1h797.76−0.167%$2.5M$972K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h800.28+0.148%$3.0M$28.0M10xas long as short
StandX BNB-USD0.0000%1h799.62+0.065%$864K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h798.36−0.092%$9.7M150xas long as short
Variational Omni BNB+0.0013%8h798.06−0.130%$4.1M$5.4Mas long as short
BingX BNB-USDT+0.0038%8h798.19−0.114%$34.8Mas long as short
Bybit BNBUSDT+0.0045%8h797.77−0.166%$138.4M$77.0M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h799.89+0.099%$606K$986K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0091%8h798.59−0.064%$6.3M$18.9M200xas long as short
Lighter BNB+0.0096%1h798.28−0.103%$2.8M$4.1M20xas long as short
Nado BNB-PERP+0.0100%1h798.04−0.133%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h798.78−0.040%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h797.90−0.150%$54.2M$112.8M50xas long as short
Arcus BNB-USD+0.0100%1h798.80−0.038%$53K$133K10xas long as short
Gate BNB_USDTshort+0.0100%8h797.95−0.144%$35.7M$58.1M75x
KuCoin BNBUSDTM+0.0100%8h797.96−0.143%$27.9M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h797.73−0.171%$79.0M$27.5M75xas long as short
edgeX BNBUSDC+0.0100%4h799.89+0.099%$4.2M$76.1M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h800.17+0.134%$161K$441K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h798.27−0.104%$116K$875K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h797.91−0.149%$386K$497K50xas long as short
Derive BNB-PERP+0.0100%1h798.01−0.136%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h798.92−0.023%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h798.10−0.125%$392K$1.0M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h798.32−0.098%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h798.52−0.073%$8.2M$8.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h799.00−0.013%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h797.62−0.185%$1.8M$6.5M50xas long as short
Aevo BNB-PERP+0.0104%1h798.14−0.120%$383K$40K10xas long as short
Binance BNBUSDT+0.0112%8h798.73−0.047%$498.7M$817.2M75xas long as short
Phemex BNBUSDT+0.0112%8h798.48−0.078%$69.8M$50.5M50xas long as short
MEXC BNB_USDTlong+0.0113%8h799.10long leg$82.9M$13.5M200x
Kalshi KXBNBPERP+0.0122%8h799.70+0.075%$110K$2.9M4.8xas long as short
Phoenix BNB+0.0127%1h800.12+0.128%$172K$36K10xas long as short
Hibachi BNB/USDT-P+0.0176%1h798.93−0.022%$70K$43K12xas long as short
Hyperliquid BNB+0.0180%1h798.70−0.050%$52.1M$21.3M10xas long as short
BloFin BNB-USDT+0.0233%8h799.57+0.059%$18.3M$2.5M75xas long as short
Bulk BNB-USD+0.0239%1h800.03+0.117%$650K$19K10xas long as short
RISEx BNB/USDC+0.0258%1h798.57−0.067%$1.1M$1.4M20xas long as short
01 Exchange BNBUSD+0.0296%1h799.02−0.010%$28K$1K10xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.750%$19K$789K30xas long as short
Reya BNBRUSDPERP+0.0331%1h797.89−0.152%$6K$3K40xas long as short
dYdX BNB-USD+0.0384%1h798.50−0.075%$161K$62K10xas long as short
Backpack BNB_USDC_PERP+0.0402%1h798.75−0.044%$2.7M$5.7M40xas long as short