BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0154%/8h= +16.8% APRnext payment +$1.54 per $10,000 · paid last 24h +0.009%

Price spread now: KuCoin against Bybit+0.027%7-day average +0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$340.343% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.080%+$8 on $10k

Price spread, last 7 days−0.036%−$4 · spread now +0.027%, 7d avg +0.012%

Together, before fees+0.043%+$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BNBUSDT	785.72	−0.0054	get 0.0054% / 8h	4h 52m	$138.6M	$66.1M	75x
Short	KuCoin BNBUSDTM	785.93	0.0100	get 0.0100% / 8h	4h 52m	$28.1M	$9.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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 BybitbpFee KuCoinbpOrdersPrice spread, now +0.027%Rate

Funding earned: $32.24
Price spread: +0.027% → +0.012%: $1.47
Slippage, 4 orders: −$11.35
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$0.63
Costs to cover: 0.343%
Break-even: 7.1 days

Slippage from Bybit: live order book, 5 min ago; KuCoin: 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 Bybit live order book, 5 min ago	0.63 bp	7.4 bp −$7	9.7 bp −$97	26.2 bp −$2,618	172.9 bp −$86.4K
Sell KuCoin live order book, 5 min ago	0.51 bp	11.3 bp −$11	22.8 bp −$228	doesn't fit	doesn't fit

BNB on 46 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	786.13	+0.053%	$43K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0138%	1h	786.10	+0.048%	$2.7M	$1.4M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	786.39	+0.085%	$4K	—	25x	as long as short
Bybit BNBUSDTlong	−0.0054%	8h	785.72	long leg	$138.6M	$66.1M	75x
BingX BNB-USDT	−0.0047%	8h	786.25	+0.067%	—	$50.3M	—	as long as short
Aster BNBUSDT	0.0000%	8h	786.63	+0.116%	$6.0M	$16.8M	200x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	787.72	+0.255%	$2.9M	$26.7M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	786.70	+0.125%	$153K	$2.5M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	787.15	+0.182%	$849K	$3.0M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	786.12	+0.051%	$9.5M	—	150x	as long as short

Show all 46 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BNB_USDT	+0.0009%	8h	787.80	+0.265%	$83.4M	$11.5M	200x	as long as short
Binance BNBUSDT	+0.0009%	8h	786.68	+0.122%	$480.4M	$755.2M	75x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.465%	$19K	$789K	30x	as long as short
BloFin BNB-USDT	+0.0039%	8h	786.81	+0.139%	$18.5M	$2.3M	75x	as long as short
Phemex BNBUSDT	+0.0078%	8h	786.78	+0.135%	$68.3M	$50.3M	50x	as long as short
Variational Omni BNB	+0.0094%	8h	786.64	+0.117%	$4.3M	$4.3M	—	as long as short
Lighter BNB	+0.0096%	1h	786.34	+0.079%	$2.7M	$2.9M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	785.75	+0.004%	$1.3M	$2.3M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	786.79	+0.136%	$52.1M	$16.4M	10x	as long as short
Pacifica BNB	+0.0100%	1h	786.40	+0.086%	$1.2M	$928K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	786.00	+0.036%	$53.4M	$100.2M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	786.40	+0.087%	$57K	$124K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	786.15	+0.055%	$42.1M	$51.6M	75x	as long as short
KuCoin BNBUSDTMshort	+0.0100%	8h	785.93	+0.027%	$28.1M	$9.6M	75x
Bitget BNBUSDT	+0.0100%	8h	785.76	+0.005%	$75.5M	$30.8M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	786.62	+0.115%	$2.2M	$6.0M	40x	as long as short
edgeX BNBUSDC	+0.0100%	4h	787.64	+0.244%	$4.1M	$71.4M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	787.46	+0.221%	$158K	$459K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	786.00	+0.036%	$126K	$909K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	786.16	+0.056%	$264K	$258K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	786.31	+0.076%	$31K	$10K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	786.73	+0.129%	$12K	$1.3M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	786.40	+0.087%	$387K	$923K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	786.36	+0.082%	$8.0M	$9.9M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	786.58	+0.109%	$78K	$1.3M	50x	as long as short
Extended BNB-USD	+0.0104%	1h	785.63	−0.012%	$1.8M	$5.5M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	786.01	+0.037%	$378K	$110K	10x	as long as short
Phoenix BNB	+0.0116%	1h	787.45	+0.220%	$158K	$45K	10x	as long as short
Coinbase International BNB-PERP-INTX	+0.0136%	1h	786.33	+0.078%	$538K	$1.9M	50x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	786.48	+0.096%	$1.5M	$126K	25x	as long as short
01 Exchange BNBUSD	+0.0264%	1h	786.59	+0.111%	$28K	$3K	10x	as long as short
Hibachi BNB/USDT-P	+0.0272%	1h	786.34	+0.079%	$67K	$34K	12x	as long as short
Bulk BNB-USD	+0.0274%	1h	787.88	+0.275%	$638K	$10K	10x	as long as short
Reya BNBRUSDPERP	+0.0315%	1h	785.61	−0.015%	$6K	$3K	40x	as long as short
dYdX BNB-USD	+0.0352%	1h	785.90	+0.022%	$158K	$34K	10x	as long as short
RISEx BNB/USDC	+0.0391%	1h	786.34	+0.079%	$1.1M	$938K	20x	as long as short