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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: Gate against StandX−0.123%7-day average −0.103% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$390.394% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.146%+$15 on $10k
Price spread, last 7 days−0.014%−$1 · spread now −0.123%, 7d avg −0.103%
Together, before fees+0.132%+ Points / potential airdropStandX: Active · farm board+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.021% cheaper against StandX than usual: you would sell low and buy high (spread −0.123% now, against its 7-day average of −0.103%). If the spread goes back, that is −$2 on $10k: about 17 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX BNB-USD801.640get 0.0000% / 1h26m 19s$866K$2.8M30x
ShortGate BNB_USDT800.650.0100get 0.0100% / 8h1h 26m$35.7M$58.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against StandX. 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
$21
Price spread: −0.123% → −0.103%
−$2.09
Slippage, 4 orders
−$16.35
Fee StandX: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$20.44
Costs to cover
0.394%
Break-even
13.8 days
Slippage from StandX: 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 StandX live order book, 3 min ago5.23 bp10.0 bp −$1013.4 bp −$134doesn't fitdoesn't fit
Sell Gate live order book, 3 min ago0.31 bp9.4 bp −$912.7 bp −$12728.0 bp −$2,80058.1 bp −$29.0K

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%1h800.81−0.103%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h801.35−0.036%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h801.71+0.009%$3.0M$29.6M10xas long as short
Kalshi KXBNBPERP0.0000%8h801.50−0.017%$158K$2.9M4.8xas long as short
StandX BNB-USDlong0.0000%1h801.64long leg$866K$2.8M30x
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h800.86−0.097%$9.7M150xas long as short
Variational Omni BNB+0.0040%8h800.85−0.099%$4.1M$5.3Mas long as short
BingX BNB-USDT+0.0065%8h800.92−0.090%$35.0Mas long as short
Bybit BNBUSDT+0.0079%8h800.50−0.142%$139.4M$83.1M75xas long as short
Lighter BNB+0.0096%1h800.89−0.094%$2.8M$4.2M20xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0096%1h801.17−0.059%$610K$1.0M50xas long as short
Aster BNBUSDT+0.0099%8h801.43−0.026%$6.4M$19.2M200xas long as short
Nado BNB-PERP+0.0100%1h800.67−0.121%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h800.95−0.086%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h800.70−0.117%$54.8M$117.4M50xas long as short
Arcus BNB-USD+0.0100%1h801.10−0.067%$53K$170K10xas long as short
Gate BNB_USDTshort+0.0100%8h800.65−0.123%$35.7M$58.3M75x
KuCoin BNBUSDTM+0.0100%8h800.67−0.121%$28.0M$10.6M75xas long as short
Bitget BNBUSDT+0.0100%8h800.49−0.143%$80.9M$26.8M75xas long as short
edgeX BNBUSDC+0.0100%4h801.89+0.031%$4.2M$77.4M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h801.93+0.036%$161K$441K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h800.77−0.109%$121K$880K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h800.82−0.102%$387K$568K50xas long as short
Derive BNB-PERP+0.0100%1h801.31−0.041%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h801.52−0.014%$12K$1.7M50xas long as short
HTX BNB-USDT+0.0100%8h801.00−0.080%$8.2M$7.9M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h801.25−0.049%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h800.15−0.186%$1.8M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h801.21−0.053%$385K$40K10xas long as short
MEXC BNB_USDT+0.0118%8h801.80+0.020%$83.4M$13.8M200xas long as short
Binance BNBUSDT+0.0119%8h801.41−0.029%$503.8M$829.4M75xas long as short
SoDEX BNB-USD+0.0120%1h801.20−0.055%$394K$1.0M10xas long as short
Phemex BNBUSDT+0.0124%8h801.53−0.014%$70.0M$51.7M50xas long as short
Phoenix BNB+0.0155%1h801.68+0.005%$172K$35K10xas long as short
Hibachi BNB/USDT-P+0.0160%1h801.15−0.061%$71K$48K12xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h801.48−0.020%$1.6M$165K25xas long as short
dYdX BNB-USD+0.0201%1h800.59−0.131%$161K$62K10xas long as short
Kraken Futures PF_BNBUSD+0.0206%1h800.99−0.081%$2.6M$984K50xas long as short
BloFin BNB-USDT+0.0239%8h801.70+0.007%$18.4M$2.6M75xas long as short
Hyperliquid BNB+0.0289%1h801.87+0.029%$51.9M$22.3M10xas long as short
Injective BNB/USDC PERP+0.0311%1h805.09+0.430%$19K$789K30xas long as short
RISEx BNB/USDC+0.0318%1h800.88−0.094%$1.1M$1.4M20xas long as short
01 Exchange BNBUSD+0.0328%1h801.35−0.036%$28K$1K10xas long as short
Reya BNBRUSDPERP+0.0333%1h800.46−0.147%$6K$3K40xas long as short
Bulk BNB-USD+0.0354%1h801.59−0.007%$651K$21K10xas long as short
Backpack BNB_USDC_PERP+0.0657%1h801.81+0.021%$2.7M$5.7M40xas long as short