Funding you earn now, next payment 00:00 UTC+0.0124%/8h= +13.6% APRpaid last 24h +0.016%
Price spread now: RISEx against Kalshi−0.041%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$250.246% of the position
Funding, last 3 days (all we have)+0.177%+$18 on $10k
+Price spread, last 3 days (all we have)−0.060%−$6 · spread now −0.041%, 7d avg +0.001%
=Funding pays, the price is against you. RISEx is 0.042% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.041% now, against its 7-day average of +0.001%). If the spread goes back, that is −$4 on $10k: about 27 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXBNBPERP | 799.40 | 0.0134 | pay 0.0134% / 8h | 4h 18m | $89K | $2.9M | 4.8x |
| Short | RISEx BNB/USDC | 799.08 | 0.0258 | get 0.0032% / 1h | 18m 54s | $1.1M | $1.4M | 20x |
Kalshi KXBNBPERP
RISEx BNB/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against Kalshi. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $26.06
- Price spread: −0.041% → +0.001%
- −$4.19
- Slippage, 4 orders
- −$8.64
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$2.77
- Costs to cover
- 0.246%
- Break-even
- 7.7 days
Slippage from Kalshi: live order book, 4 min ago; RISEx: 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 Kalshi live order book, 4 min ago | 3.13 bp | 8.1 bp −$8 | 13.9 bp −$139 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 5 min ago | 1.19 bp | 4.2 bp −$4 | 7.9 bp −$79 | doesn't fit | 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 −0.0201% / S +0.0372% | 1h | 799.19 | −0.026% | $47K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 799.11 | −0.036% | $4K | $1K | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0074% | 1h | 799.01 | −0.049% | $2.5M | $970K | 50x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 798.68 | −0.090% | $3.0M | $27.9M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 799.30 | −0.013% | $864K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 799.16 | −0.030% | $9.7M | — | 150x | as long as short |
| Variational Omni BNB | +0.0012% | 8h | 798.04 | −0.170% | $4.1M | $5.4M | — | as long as short |
| BingX BNB-USDC | +0.0035% | 8h | 798.90 | −0.063% | — | $13.4M | — | as long as short |
| Bybit BNBUSDT | +0.0042% | 8h | 798.80 | −0.075% | $138.6M | $77.0M | 75x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0072% | 1h | 799.89 | +0.061% | $606K | $985K | 50x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
Kraken Futures PF_BNBUSD
GRVT BNB_USDT_Perp
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Variational Omni BNB
BingX BNB-USDC
Bybit BNBUSDT
Coinbase International BNB-PERP-INTXShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BNBUSDT | +0.0088% | 8h | 799.63 | +0.029% | $6.2M | $19.1M | 200x | as long as short |
| Lighter BNB | +0.0096% | 1h | 799.23 | −0.022% | $2.8M | $4.1M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 798.83 | −0.072% | $1.4M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 799.04 | −0.045% | $1.2M | $926K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 798.90 | −0.063% | $54.3M | $113.0M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 799.20 | −0.025% | $53K | $133K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 798.90 | −0.063% | $35.8M | $58.3M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 799.06 | −0.043% | $28.0M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 798.77 | −0.079% | $79.1M | $27.5M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 798.50 | −0.112% | $4.1M | $76.5M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 799.21 | −0.024% | $161K | $439K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 798.93 | −0.059% | $116K | $875K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 799.17 | −0.029% | $386K | $494K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 799.33 | −0.009% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 799.47 | +0.008% | $13K | $1.7M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 799.30 | −0.013% | $393K | $1.0M | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 799.56 | +0.020% | $1.6M | $165K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 798.98 | −0.053% | $8.2M | $8.0M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 799.25 | −0.018% | $78K | $19K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 798.68 | −0.091% | $1.8M | $6.5M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 799.25 | −0.019% | $384K | $40K | 10x | as long as short |
| Phemex BNBUSDT | +0.0108% | 8h | 799.63 | +0.029% | $69.9M | $50.6M | 50x | as long as short |
| Binance BNBUSDT | +0.0109% | 8h | 799.59 | +0.024% | $498.3M | $818.6M | 75x | as long as short |
| MEXC BNB_USDT | +0.0109% | 8h | 800.00 | +0.075% | $83.1M | $13.6M | 200x | as long as short |
| Phoenix BNB | +0.0127% | 1h | 798.57 | −0.104% | $172K | $36K | 10x | as long as short |
| Kalshi KXBNBPERPlong | +0.0134% | 8h | 799.40 | long leg | $89K | $2.9M | 4.8x | |
| Hibachi BNB/USDT-P | +0.0176% | 1h | 798.81 | −0.074% | $70K | $43K | 12x | as long as short |
| Bulk BNB-USD | +0.0214% | 1h | 799.38 | −0.003% | $649K | $17K | 10x | as long as short |
| Hyperliquid BNB | +0.0216% | 1h | 799.76 | +0.045% | $52.4M | $21.2M | 10x | as long as short |
| BloFin BNB-USDT | +0.0229% | 8h | 799.63 | +0.029% | $18.2M | $2.5M | 75x | as long as short |
| RISEx BNB/USDCshort | +0.0258% | 1h | 799.08 | −0.041% | $1.1M | $1.4M | 20x | |
| 01 Exchange BNBUSD | +0.0288% | 1h | 799.67 | +0.034% | $28K | $1K | 10x | as long as short |
| Injective BNB/USDC PERP | +0.0306% | 1h | 805.09 | +0.712% | $19K | $789K | 30x | as long as short |
| Reya BNBRUSDPERP | +0.0331% | 1h | 798.69 | −0.088% | $6K | $3K | 40x | as long as short |
| dYdX BNB-USD | +0.0358% | 1h | 798.70 | −0.088% | $161K | $63K | 10x | as long as short |
| Backpack BNB_USDC_PERP | +0.0386% | 1h | 799.56 | +0.020% | $2.7M | $5.7M | 40x | as long as short |
Aster BNBUSDT
Lighter BNB
Nado BNB-PERP
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Phemex BNBUSDT
Binance BNBUSDT
MEXC BNB_USDT
Phoenix BNB
Hibachi BNB/USDT-P
Bulk BNB-USD
Hyperliquid BNB
BloFin BNB-USDT
01 Exchange BNBUSD
Injective BNB/USDC PERP
Reya BNBRUSDPERP
dYdX BNB-USD
Backpack BNB_USDC_PERP