Funding you earn now, next payment 01:00 UTC+0.0121%/8h= +13.2% APRnext payment +$0.15 per $10,000 · paid last 24h −0.045%
Price spread now: StandX against Kraken Futures+0.108%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$420.416% of the position
Funding, last 7 days−0.122%−$12 on $10k
+Price spread, last 3 days (all we have)+0.005%$0 · spread now +0.108%, 7d avg +0.060%
=Together, before fees−0.117%+ Points / potential airdropStandX: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and StandX is 0.048% dearer against Kraken Futures than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.060%. Mind the row above: over the last 7 days funding on this pair cost −0.122%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_BNBUSD | 799.20 | −0.0121 | get 0.0015% / 1h | 36m 54s | $2.5M | $974K | 50x |
| Short | StandX BNB-USD | 800.07 | 0 | get 0.0000% / 1h | 36m 54s | $865K | $2.9M | 30x |
Kraken Futures PF_BNBUSD
StandX BNB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
StandX against Kraken Futures. 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
- $25.31
- Price spread: +0.108% → +0.060%
- $4.83
- Slippage, 4 orders
- −$23.55
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$11.42
- Costs to cover
- 0.416%
- Break-even
- 10.2 days
Slippage from Kraken Futures: live order book, 2 min ago; StandX: live order book, 2 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 Kraken Futures live order book, 2 min ago | 2.82 bp | 10.1 bp −$10 | 15.3 bp −$153 | 29.2 bp −$2,925 | 70.5 bp −$35.3K |
| Sell StandX live order book, 2 min ago | 4.94 bp | 10.7 bp −$11 | 13.1 bp −$131 | 60.1 bp −$6,015 | 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 | 799.35 | +0.018% | $47K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSDlong | −0.0121% | 1h | 799.20 | long leg | $2.5M | $974K | 50x | |
| Hotstuff BNB-PERP | −0.0080% | 1h | 799.42 | +0.027% | $4K | $239 | 25x | as long as short |
| BingX BNB-USDT | −0.0057% | 8h | 799.69 | +0.061% | — | $35.0M | — | as long as short |
| Bybit BNBUSDT | −0.0046% | 8h | 799.40 | +0.025% | $138.8M | $75.6M | 75x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 799.67 | +0.058% | $3.0M | $27.4M | 10x | as long as short |
| StandX BNB-USDshort | 0.0000% | 1h | 800.07 | +0.108% | $865K | $2.9M | 30x | |
| Phemex BNBUSDT | 0.0000% | 8h | 799.87 | +0.083% | $69.9M | $50.5M | 50x | as long as short |
| Variational Omni BNB | +0.0005% | 8h | 798.83 | −0.047% | $4.1M | $5.3M | — | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 799.35 | +0.018% | $9.7M | — | 150x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
BingX BNB-USDT
Bybit BNBUSDT
GRVT BNB_USDT_Perp
Phemex BNBUSDT
Variational Omni BNB
gTrade (Gains Network) BNB/USDShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +0.737% | $19K | $789K | 30x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0048% | 1h | 798.00 | −0.151% | $601K | $969K | 50x | as long as short |
| Aster BNBUSDT | +0.0065% | 8h | 799.86 | +0.082% | $6.2M | $19.1M | 200x | as long as short |
| Binance BNBUSDT | +0.0087% | 8h | 800.25 | +0.131% | $496.8M | $807.9M | 75x | as long as short |
| MEXC BNB_USDT | +0.0087% | 8h | 800.60 | +0.175% | $83.2M | $13.5M | 200x | as long as short |
| Gate BNB_USDT | +0.0092% | 8h | 799.35 | +0.018% | $35.7M | $56.1M | 75x | as long as short |
| Lighter BNB | +0.0096% | 1h | 799.60 | +0.050% | $2.8M | $4.0M | 20x | as long as short |
| Phoenix BNB | +0.0099% | 1h | 799.23 | +0.003% | $172K | $36K | 10x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 798.73 | −0.059% | $1.5M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 799.31 | +0.013% | $1.2M | $924K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 799.60 | +0.050% | $54.2M | $110.5M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 799.30 | +0.012% | $53K | $133K | 10x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 799.48 | +0.035% | $28.0M | $10.0M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 799.39 | +0.023% | $78.9M | $27.3M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 799.78 | +0.072% | $4.2M | $76.3M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 799.89 | +0.086% | $161K | $436K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 799.21 | +0.001% | $118K | $871K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 799.26 | +0.007% | $386K | $459K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 799.46 | +0.032% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 799.84 | +0.080% | $13K | $1.7M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 799.60 | +0.050% | $393K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 799.44 | +0.029% | $8.2M | $8.2M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 799.80 | +0.074% | $78K | $18K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 799.28 | +0.010% | $1.8M | $6.3M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 799.38 | +0.022% | $384K | $108K | 10x | as long as short |
| Bulk BNB-USD | +0.0127% | 1h | 799.69 | +0.061% | $649K | $10K | 10x | as long as short |
| Hibachi BNB/USDT-P | +0.0144% | 1h | 798.96 | −0.030% | $69K | $37K | 12x | as long as short |
| RISEx BNB/USDC | +0.0155% | 1h | 799.15 | −0.006% | $1.1M | $1.4M | 20x | as long as short |
| Kalshi KXBNBPERP | +0.0155% | 8h | 799.60 | +0.050% | $90K | $2.8M | 4.8x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 799.80 | +0.074% | $1.6M | $160K | 25x | as long as short |
| BloFin BNB-USDT | +0.0207% | 8h | 799.67 | +0.058% | $18.1M | $2.5M | 75x | as long as short |
| 01 Exchange BNBUSD | +0.0216% | 1h | 799.65 | +0.056% | $28K | $1K | 10x | as long as short |
| dYdX BNB-USD | +0.0263% | 1h | 798.82 | −0.048% | $161K | $63K | 10x | as long as short |
| Hyperliquid BNB | +0.0318% | 1h | 800.50 | +0.162% | $53.2M | $20.6M | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0330% | 1h | 798.90 | −0.038% | $6K | $3K | 40x | as long as short |
| Backpack BNB_USDC_PERP | +0.0398% | 1h | 800.43 | +0.154% | $2.7M | $5.6M | 40x | as long as short |
Injective BNB/USDC PERP
Coinbase International BNB-PERP-INTX
Aster BNBUSDT
Binance BNBUSDT
MEXC BNB_USDT
Gate BNB_USDT
Lighter BNB
Phoenix BNB
Nado BNB-PERP
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
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
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Bulk BNB-USD
Hibachi BNB/USDT-P
RISEx BNB/USDC
Kalshi KXBNBPERP
Deribit BNB_USDC-PERPETUAL
BloFin BNB-USDT
01 Exchange BNBUSD
dYdX BNB-USD
Hyperliquid BNB
Reya BNBRUSDPERP
Backpack BNB_USDC_PERP