Funding you earn now, next payment 04:00 UTC−0.0178%/8h= −19.5% APRpaid last 24h −0.029%
Price spread now: StandX against Kalshi−0.063%7-day average +0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$450.446% of the position
Funding, last 7 days−0.029%−$3 on $10k
+Price spread, last 7 days+0.140%+$14 · spread now −0.063%, 7d avg +0.062%
=Together, before fees+0.111%+ Points / potential airdropStandX: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and StandX is 0.125% cheaper against Kalshi than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.062%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXBNBPERP | 790.10 | 0.0178 | pay 0.0178% / 8h | 23m 18s | $126K | $2.7M | 4.8x |
| Short | StandX BNB-USD | 789.60 | 0 | get 0.0000% / 1h | 23m 18s | $852K | $3.2M | 30x |
Kalshi KXBNBPERP
StandX BNB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
StandX 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
- −$37.46
- Price spread: −0.063% → +0.062%
- −$12.53
- Slippage, 4 orders
- −$26.61
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$94.61
- Costs to cover
- 0.446%
- Break-even
- never at this rate
Slippage from Kalshi: live order book, 5 min ago; StandX: live order book, 1 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, 5 min ago | 0.63 bp | 5.6 bp −$6 | 11.1 bp −$111 | doesn't fit | doesn't fit |
| Sell StandX live order book, 1 min ago | 4.49 bp | 10.0 bp −$10 | 12.9 bp −$129 | 53.5 bp −$5,349 | 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 −0.0187% / S +0.0351% | 1h | 789.21 | −0.113% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 789.89 | −0.027% | $4K | $42 | 25x | as long as short |
| StandX BNB-USDshort | 0.0000% | 1h | 789.60 | −0.063% | $852K | $3.2M | 30x | |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 789.19 | −0.115% | $9.5M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +1.897% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0040% | 8h | 789.78 | −0.040% | $6.1M | $18.7M | 200x | as long as short |
| BingX BNB-USDT | +0.0053% | 8h | 789.36 | −0.094% | — | $34.4M | — | as long as short |
| Phemex BNBUSDT | +0.0063% | 8h | 789.94 | −0.020% | $69.1M | $49.9M | 50x | as long as short |
| MEXC BNB_USDT | +0.0064% | 8h | 790.00 | −0.013% | $80.2M | $12.4M | 200x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0064% | 1h | 789.45 | −0.082% | $582K | $1.9M | 50x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
Aster BNBUSDT
BingX BNB-USDT
Phemex BNBUSDT
MEXC BNB_USDT
Coinbase International BNB-PERP-INTXShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNBUSDT | +0.0064% | 8h | 789.77 | −0.042% | $492.8M | $790.3M | 75x | as long as short |
| Lighter BNB | +0.0096% | 1h | 789.48 | −0.079% | $2.7M | $3.8M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 789.25 | −0.108% | $265K | $492K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 789.25 | −0.108% | $1.5M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 789.73 | −0.047% | $51.8M | $17.5M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 789.57 | −0.067% | $1.2M | $931K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 789.10 | −0.127% | $138.8M | $74.5M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 789.10 | −0.127% | $53.4M | $111.2M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 789.40 | −0.089% | $52K | $130K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 789.10 | −0.127% | $35.5M | $57.3M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 789.22 | −0.111% | $27.7M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 788.93 | −0.148% | $76.3M | $30.1M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 789.72 | −0.048% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 789.00 | −0.139% | $4.1M | $4.6M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 789.89 | −0.027% | $4.1M | $73.2M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 790.13 | +0.004% | $159K | $440K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 789.05 | −0.133% | $133K | $950K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 789.38 | −0.091% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 789.70 | −0.050% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 789.40 | −0.089% | $388K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 789.38 | −0.091% | $8.1M | $9.5M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0101% | 8h | 789.82 | −0.036% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 788.89 | −0.153% | $1.8M | $5.9M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 789.26 | −0.106% | $379K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0117% | 1h | 789.73 | −0.047% | $170K | $35K | 10x | as long as short |
| dYdX BNB-USD | +0.0131% | 1h | 789.35 | −0.095% | $160K | $64K | 10x | as long as short |
| GRVT BNB_USDT_Perp | +0.0145% | 8h | 790.08 | −0.003% | $2.9M | $28.5M | 10x | as long as short |
| Kalshi KXBNBPERPlong | +0.0178% | 8h | 790.10 | long leg | $126K | $2.7M | 4.8x | |
| BloFin BNB-USDT | +0.0185% | 8h | 790.17 | +0.009% | $18.1M | $2.2M | 75x | as long as short |
| Bulk BNB-USD | +0.0222% | 1h | 790.13 | +0.004% | $640K | $9K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0232% | 1h | 789.64 | −0.058% | $28K | $4K | 10x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0263% | 1h | 789.10 | −0.126% | $2.5M | $1.2M | 50x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 789.68 | −0.053% | $1.5M | $143K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0326% | 1h | 788.95 | −0.146% | $6K | $3K | 40x | as long as short |
| Hibachi BNB/USDT-P | +0.0416% | 1h | 789.56 | −0.068% | $67K | $38K | 12x | as long as short |
| RISEx BNB/USDC | +0.0461% | 1h | 789.48 | −0.079% | $1.1M | $967K | 20x | as long as short |
Binance BNBUSDT
Lighter BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
dYdX BNB-USD
GRVT BNB_USDT_Perp
BloFin BNB-USDT
Bulk BNB-USD
01 Exchange BNBUSD
Kraken Futures PF_BNBUSD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
Hibachi BNB/USDT-P
RISEx BNB/USDC