Funding you earn now, next payment 12:00 UTC+0.0394%/8h= +43.1% APRnext payment +$0.49 per $10,000 · paid last 24h +0.057%
Price spread now: 01 Exchange against Kraken Futures+0.069%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and 01 Exchange is 0.069% dearer against Kraken Futures than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_BNBUSD | 786.00 | −0.0138 | get 0.0017% / 1h | 50m 55s | $2.7M | $1.4M | 50x |
| Short | 01 Exchange BNBUSD | 786.54 | 0.0256 | get 0.0032% / 1h | 50m 55s | $28K | $3K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- $82.75
- Price spread: +0.069% → 0.000%
- $6.92
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- $72.67
- Costs to cover
- 0.170%
- Break-even
- 0.9 days
Slippage unknown: Kraken Futures: live order book, 1 min ago; 01 Exchange: no order-book sample. Net counts fees only.
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, 1 min ago | 3.43 bp | 11.5 bp −$11 | 16.0 bp −$160 | 33.1 bp −$3,313 | 86.5 bp −$43.3K |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 785.93 | −0.009% | $43K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSDlong | −0.0138% | 1h | 786.00 | long leg | $2.7M | $1.4M | 50x | |
| Hotstuff BNB-PERP | −0.0080% | 1h | 786.45 | +0.058% | $4K | — | 25x | as long as short |
| Bybit BNBUSDT | −0.0056% | 8h | 785.50 | −0.063% | $138.6M | $66.1M | 75x | as long as short |
| BingX BNB-USDC | −0.0047% | 8h | 786.14 | +0.018% | — | $13.4M | — | as long as short |
| Aster BNBUSDT | 0.0000% | 8h | 786.55 | +0.071% | $5.9M | $16.8M | 200x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 787.72 | +0.219% | $2.9M | $26.7M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 786.50 | +0.064% | $153K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 787.15 | +0.147% | $849K | $3.0M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 785.89 | −0.014% | $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 | |
|---|---|---|---|---|---|---|---|---|
| Binance BNBUSDT | +0.0009% | 8h | 786.51 | +0.065% | $480.3M | $754.8M | 75x | as long as short |
| MEXC BNB_USDT | +0.0009% | 8h | 787.50 | +0.191% | $83.4M | $11.5M | 200x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.429% | $19K | $789K | 30x | as long as short |
| BloFin BNB-USDT | +0.0037% | 8h | 786.54 | +0.069% | $18.5M | $2.3M | 75x | as long as short |
| Phemex BNBUSDT | +0.0077% | 8h | 786.55 | +0.071% | $68.3M | $50.3M | 50x | as long as short |
| Variational Omni BNB | +0.0094% | 8h | 786.64 | +0.082% | $4.3M | $4.3M | — | as long as short |
| Lighter BNB | +0.0096% | 1h | 786.11 | +0.014% | $2.7M | $2.9M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 785.70 | −0.038% | $1.3M | $2.3M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 786.60 | +0.077% | $52.1M | $16.4M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 786.26 | +0.034% | $1.2M | $928K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 785.80 | −0.025% | $53.3M | $100.1M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 786.20 | +0.026% | $57K | $124K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 785.90 | −0.012% | $42.1M | $51.6M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 785.71 | −0.036% | $28.1M | $9.6M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 785.52 | −0.061% | $75.5M | $30.7M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 786.40 | +0.051% | $2.2M | $6.0M | 40x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 787.64 | +0.209% | $4.1M | $71.4M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 787.46 | +0.186% | $158K | $459K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 785.83 | −0.021% | $126K | $909K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 785.96 | −0.005% | $264K | $258K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 786.10 | +0.013% | $31K | $10K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 786.54 | +0.069% | $12K | $1.3M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 786.20 | +0.026% | $386K | $923K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 786.36 | +0.047% | $8.0M | $9.9M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 786.44 | +0.057% | $78K | $1.3M | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 785.37 | −0.079% | $1.8M | $5.5M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 785.80 | −0.025% | $377K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0116% | 1h | 787.45 | +0.185% | $158K | $45K | 10x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0136% | 1h | 786.33 | +0.043% | $538K | $1.9M | 50x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 786.23 | +0.030% | $1.5M | $126K | 25x | as long as short |
| 01 Exchange BNBUSDshort | +0.0256% | 1h | 786.54 | +0.069% | $28K | $3K | 10x | |
| Hibachi BNB/USDT-P | +0.0272% | 1h | 786.34 | +0.043% | $67K | $34K | 12x | as long as short |
| Bulk BNB-USD | +0.0274% | 1h | 787.88 | +0.240% | $638K | $10K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0315% | 1h | 785.47 | −0.066% | $6K | $3K | 40x | as long as short |
| dYdX BNB-USD | +0.0337% | 1h | 785.90 | −0.013% | $158K | $34K | 10x | as long as short |
| RISEx BNB/USDC | +0.0391% | 1h | 786.23 | +0.029% | $1.1M | $938K | 20x | as long as short |
Kraken Futures PF_BNBUSD
01 Exchange BNBUSD
GMX BNB/USD [WBTC.b-USDC]
Bybit BNBUSDT
BingX BNB-USDC
Aster BNBUSDT
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Binance BNBUSDT
MEXC BNB_USDT
Injective BNB/USDC PERP
BloFin BNB-USDT
Phemex BNBUSDT
Variational Omni BNB
Lighter BNB
Hyperliquid BNB
Pacifica BNB
OKX BNB-USDT-SWAP
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
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
Phoenix BNB
Coinbase International BNB-PERP-INTX
Deribit BNB_USDC-PERPETUAL
Bulk BNB-USD
RISEx BNB/USDC