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Funding arb · Price arb /

BNB

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Alert: funding
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Alert: spread
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Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against edgeX+0.213%98s7-day average −0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$340.339% of the position
Long on edgeXShort on KuCoin
What this pair did over the last
the charts below follow
Funding, last 7 days−0.033%−$3 on $10k
Price spread, last 7 days−0.286%−$29 · spread now +0.213%, 7d avg −0.067%
Together, before fees−0.319%+ Points / potential airdropedgeX: Active · farm board−$32 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.280% dearer against edgeX than usual: you sell high and buy low, +$28 on $10k if it goes back to its 7-day average of −0.067%. The two prices were read 98 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX BNBUSDC784.750.0100pay 0.0050% / 4h2h 36m$4.1M$74.9M30x
ShortKuCoin BNBUSDTM786.420.0100get 0.0100% / 8h2h 36m$27.5M$10.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against edgeX. 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
$0
Price spread: +0.213% → −0.067%
$27.95
Slippage, 4 orders
−$12.86
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$5.91
Costs to cover
0.339%
Break-even
never at this rate
Slippage from edgeX: live order book, 3 min ago; KuCoin: live order book, 8 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 edgeX live order book, 3 min ago2.55 bp7.0 bp −$77.0 bp −$7011.2 bp −$1,120doesn't fit
Sell KuCoin live order book, 8 min ago0.44 bp9.4 bp −$916.5 bp −$16544.2 bp −$4,421doesn't fit

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 −0.0192% / S +0.0356%1h786.17+0.181%$46K—200xas long as short
Hotstuff BNB-PERP−0.0080%1h786.80+0.261%$4K$4225xas long as short
StandX BNB-USD0.0000%1h786.68+0.246%$848K$3.0M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h786.20+0.185%$9.5M—150xas long as short
Aster BNBUSDT+0.0029%8h787.25+0.318%$6.1M$19.0M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.592%$19K$789K30xas long as short
BingX BNB-USDC+0.0041%8h786.41+0.212%—$13.4M—as long as short
Phemex BNBUSDT+0.0045%8h786.79+0.260%$68.9M$50.6M50xas long as short
MEXC BNB_USDT+0.0051%8h787.70+0.376%$79.8M$11.8M200xas long as short
Binance BNBUSDT+0.0052%8h787.20+0.313%$490.1M$808.8M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BNBUSD+0.0069%1h786.25+0.192%$2.5M$1.2M50xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h786.23+0.189%$576K$1.9M50xas long as short
Lighter BNB+0.0096%1h786.45+0.216%$2.7M$3.8M20xas long as short
dYdX BNB-USD+0.0098%1h786.41+0.212%$159K$61K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h786.28+0.195%$264K$490K50xas long as short
Nado BNB-PERP+0.0100%1h786.35+0.204%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h787.12+0.302%$51.7M$17.5M10xas long as short
Pacifica BNB+0.0100%1h786.63+0.240%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h786.55+0.230%$138.1M$74.5M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h786.60+0.236%$53.3M$112.1M50xas long as short
Arcus BNB-USD+0.0100%1h786.70+0.249%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h786.50+0.223%$36.3M$58.4M75xas long as short
KuCoin BNBUSDTMshort+0.0100%8h786.42+0.213%$27.5M$10.2M75x
Bitget BNBUSDT+0.0100%8h786.41+0.212%$76.1M$30.8M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h786.59+0.235%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h786.03+0.163%$4.0M$4.9M—as long as short
edgeX BNBUSDClong+0.0100%4h784.75long leg$4.1M$74.9M30x
ApeX Omni BNBUSDT+0.0100%1h784.85+0.013%$158K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h786.32+0.200%$131K$952K10xas long as short
Derive BNB-PERP+0.0100%1h786.42+0.213%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h786.78+0.259%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h786.30+0.198%$387K$995K10xas long as short
HTX BNB-USDT+0.0100%8h786.53+0.227%$8.0M$9.9M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h786.80+0.261%$76K$17K50xas long as short
Extended BNB-USD+0.0104%1h786.45+0.216%$1.8M$6.4M50xas long as short
Aevo BNB-PERP+0.0104%1h786.26+0.193%$378K$110K10xas long as short
Phoenix BNB+0.0107%1h785.21+0.059%$169K$35K10xas long as short
Kalshi KXBNBPERP+0.0144%8h786.80+0.261%$141K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0171%8h786.75+0.255%$17.8M$2.2M75xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h786.69+0.247%$1.5M$143K25xas long as short
GRVT BNB_USDT_Perp+0.0202%8h784.74−0.001%$2.9M$29.3M10xas long as short
Bulk BNB-USD+0.0256%1h786.23+0.189%$637K$10K10xas long as short
01 Exchange BNBUSD+0.0288%1h787.17+0.309%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0323%1h786.01+0.161%$6K$3K40xas long as short
RISEx BNB/USDC+0.0432%1h786.85+0.268%$1.1M$909K20xas long as short
Hibachi BNB/USDT-P+0.0480%1h786.12+0.174%$67K$39K12xas long as short