BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0093%/8h= +10.2% APRnext payment +$0.93 per $10,000 · paid last 24h +0.013%

Price spread now: KuCoin against BingX−0.013%7-day average −0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$370.368% of the position

Long on BingX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.014%+$1 on $10k

Price spread, last 7 days−0.017%−$2 · spread now −0.013%, 7d avg −0.007%

Together, before fees−0.003%$0 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX BNB-USDC	798.65	0.0007	pay 0.0007% / 8h	7h 12m	—	$13.3M	—
Short	KuCoin BNBUSDTM	798.55	0.0100	get 0.0100% / 8h	7h 12m	$27.9M	$10.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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 BingXbpFee KuCoinbpOrdersPrice spread, now −0.013%Rate

Funding earned: $19.53
Price spread: −0.013% → −0.007%: −$0.55
Slippage, 4 orders: −$14.78
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$17.8
Costs to cover: 0.368%
Break-even: 13.4 days

Slippage from BingX: live order book, 11 min ago; KuCoin: live order book, 7 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 BingX live order book, 11 min ago	0.31 bp	7.5 bp −$7	10.4 bp −$104	19.1 bp −$1,908	59.4 bp −$29.7K
Sell KuCoin live order book, 7 min ago	0.63 bp	10.0 bp −$10	16.5 bp −$165	44.9 bp −$4,489	doesn't fit

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 −0.0159% / S +0.0335%	1h	799.02	+0.047%	$47K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0121%	1h	798.95	+0.037%	$2.5M	$1.0M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	799.06	+0.051%	$4K	$239	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	799.73	+0.135%	$3.0M	$27.9M	10x	as long as short
StandX BNB-USD	0.0000%	1h	799.92	+0.159%	$864K	$2.9M	30x	as long as short
Gate BNB_USDT	+0.0004%	8h	798.45	−0.025%	$35.9M	$56.9M	75x	as long as short
Variational Omni BNB	+0.0005%	8h	798.43	−0.028%	$4.1M	$5.0M	—	as long as short
BingX BNB-USDClong	+0.0007%	8h	798.65	long leg	—	$13.3M	—
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	798.62	−0.003%	$9.7M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+0.806%	$19K	$789K	30x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex BNBUSDT	+0.0040%	8h	799.58	+0.116%	$69.8M	$50.1M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0048%	1h	799.07	+0.053%	$615K	$1.1M	50x	as long as short
Aster BNBUSDT	+0.0052%	8h	799.29	+0.080%	$6.1M	$19.4M	200x	as long as short
Bybit BNBUSDT	+0.0061%	8h	798.40	−0.031%	$138.6M	$76.1M	75x	as long as short
MEXC BNB_USDT	+0.0074%	8h	799.40	+0.094%	$83.1M	$13.7M	200x	as long as short
Binance BNBUSDT	+0.0074%	8h	799.10	+0.056%	$496.4M	$809.9M	75x	as long as short
Lighter BNB	+0.0096%	1h	799.00	+0.044%	$2.8M	$4.0M	20x	as long as short
Phoenix BNB	+0.0099%	1h	800.04	+0.174%	$172K	$36K	10x	as long as short
Nado BNB-PERP	+0.0100%	1h	798.60	−0.006%	$1.5M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	799.07	+0.052%	$1.2M	$937K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	798.40	−0.031%	$54.2M	$110.8M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	798.90	+0.031%	$53K	$127K	10x	as long as short
KuCoin BNBUSDTMshort	+0.0100%	8h	798.55	−0.013%	$27.9M	$10.0M	75x
Bitget BNBUSDT	+0.0100%	8h	798.37	−0.035%	$78.2M	$28.0M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	799.52	+0.109%	$4.2M	$76.9M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	799.37	+0.090%	$161K	$435K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	798.64	−0.001%	$113K	$884K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	799.16	+0.064%	$386K	$459K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	799.21	+0.071%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	799.67	+0.127%	$13K	$1.6M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	799.10	+0.056%	$393K	$996K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	798.64	−0.002%	$8.2M	$8.3M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	799.39	+0.092%	$78K	$18K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	798.47	−0.023%	$1.8M	$6.0M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	799.12	+0.059%	$384K	$110K	10x	as long as short
Bulk BNB-USD	+0.0138%	1h	797.80	−0.106%	$648K	$10K	10x	as long as short
RISEx BNB/USDC	+0.0155%	1h	798.73	+0.010%	$1.1M	$1.4M	20x	as long as short
Kalshi KXBNBPERP	+0.0161%	8h	799.60	+0.119%	$90K	$2.8M	4.8x	as long as short
dYdX BNB-USD	+0.0191%	1h	799.16	+0.064%	$161K	$63K	10x	as long as short
BloFin BNB-USDT	+0.0194%	8h	799.67	+0.128%	$18.1M	$2.5M	75x	as long as short
01 Exchange BNBUSD	+0.0200%	1h	799.04	+0.049%	$28K	$1K	10x	as long as short
Hyperliquid BNB	+0.0290%	1h	799.30	+0.081%	$53.1M	$20.3M	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	799.53	+0.110%	$1.6M	$161K	25x	as long as short
Hibachi BNB/USDT-P	+0.0312%	1h	799.36	+0.088%	$68K	$38K	12x	as long as short
Reya BNBRUSDPERP	+0.0330%	1h	798.21	−0.055%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0429%	1h	799.68	+0.129%	$2.7M	$5.7M	40x	as long as short