BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0007%/8h= +0.8% APRnext payment +$0.07 per $10,000 · paid last 24h +0.011%

Price spread now: Binance against KuCoin+0.118%7-day average +0.101% · you sell dearer than you buy

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$320.322% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.036%−$4 on $10k

Price spread, last 7 days−0.021%−$2 · spread now +0.118%, 7d avg +0.101%

Together, before fees−0.057%−$6 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BNBUSDTM	804.01	0.0100	pay 0.0100% / 8h	2h 28m	$28.2M	$10.5M	75x
Short	Binance BNBUSDT	804.96	0.0107	get 0.0107% / 8h	2h 28m	$519.4M	$803.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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

Position, each leg$Hold fordaysFee KuCoinbpFee BinancebpOrdersPrice spread, now +0.118%Rate

Funding earned: $1.5
Price spread: +0.118% → +0.101%: $1.73
Slippage, 4 orders: −$10.21
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$28.97
Costs to cover: 0.322%
Break-even: 142.1 days

Slippage from KuCoin: live order book, 5 min ago; Binance: live order book, 15 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 KuCoin live order book, 5 min ago	0.56 bp	12.8 bp −$13	22.7 bp −$227	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	0.06 bp	5.1 bp −$5	6.2 bp −$62	14.8 bp −$1,482	38.9 bp −$19.5K

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 −0.0195% / S +0.0371%	1h	803.87	−0.018%	$48K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	804.28	+0.034%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	804.60	+0.074%	$3.0M	$29.3M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	804.60	+0.073%	$112K	$2.5M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	804.09	+0.010%	$869K	$2.9M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	803.92	−0.011%	$9.8M	—	150x	as long as short
Kraken Futures PF_BNBUSD	+0.0038%	1h	804.29	+0.035%	$2.5M	$909K	50x	as long as short
Variational Omni BNB	+0.0049%	8h	803.71	−0.037%	$4.0M	$5.4M	—	as long as short
BingX BNB-USDT	+0.0054%	8h	804.26	+0.031%	—	$34.5M	—	as long as short
Bybit BNBUSDT	+0.0075%	8h	803.91	−0.012%	$139.4M	$82.8M	75x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International BNB-PERP-INTX	+0.0088%	1h	804.19	+0.022%	$609K	$878K	50x	as long as short
Aster BNBUSDT	+0.0090%	8h	804.76	+0.093%	$6.4M	$18.8M	200x	as long as short
Lighter BNB	+0.0096%	1h	804.30	+0.036%	$2.8M	$4.2M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	803.76	−0.031%	$1.4M	$2.8M	20x	as long as short
Pacifica BNB	+0.0100%	1h	804.19	+0.022%	$1.2M	$923K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	804.10	+0.011%	$55.1M	$115.5M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	804.30	+0.036%	$53K	$165K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	804.10	+0.011%	$35.9M	$58.5M	75x	as long as short
KuCoin BNBUSDTMlong	+0.0100%	8h	804.01	long leg	$28.2M	$10.5M	75x
Bitget BNBUSDT	+0.0100%	8h	804.01	0.000%	$79.1M	$24.5M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	804.62	+0.075%	$4.2M	$76.9M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	804.73	+0.090%	$159K	$438K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	803.85	−0.020%	$118K	$868K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	804.14	+0.016%	$389K	$593K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	804.27	+0.033%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	804.66	+0.081%	$13K	$1.7M	50x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0100%	1h	804.61	+0.075%	$1.6M	$165K	25x	as long as short
HTX BNB-USDT	+0.0100%	8h	804.24	+0.029%	$8.2M	$7.4M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	804.69	+0.085%	$79K	$19K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	803.91	−0.012%	$1.9M	$6.1M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	804.15	+0.018%	$386K	$40K	10x	as long as short
MEXC BNB_USDT	+0.0106%	8h	805.30	+0.160%	$84.5M	$13.6M	200x	as long as short
Binance BNBUSDTshort	+0.0107%	8h	804.96	+0.118%	$519.4M	$803.1M	75x
Phemex BNBUSDT	+0.0125%	8h	804.61	+0.075%	$70.2M	$51.7M	50x	as long as short
Phoenix BNB	+0.0125%	1h	803.93	−0.010%	$173K	$35K	10x	as long as short
Hyperliquid BNB	+0.0162%	1h	804.96	+0.118%	$51.7M	$21.3M	10x	as long as short
SoDEX BNB-USD	+0.0181%	1h	804.10	+0.011%	$396K	$1.0M	10x	as long as short
Bulk BNB-USD	+0.0197%	1h	804.34	+0.041%	$650K	$11K	10x	as long as short
RISEx BNB/USDC	+0.0209%	1h	804.35	+0.042%	$1.1M	$1.4M	20x	as long as short
BloFin BNB-USDT	+0.0227%	8h	804.67	+0.082%	$18.8M	$3.1M	75x	as long as short
Hibachi BNB/USDT-P	+0.0240%	1h	804.11	+0.012%	$71K	$48K	12x	as long as short
dYdX BNB-USD	+0.0272%	1h	804.28	+0.034%	$170K	$55K	10x	as long as short
01 Exchange BNBUSD	+0.0328%	1h	804.92	+0.113%	$28K	$1K	10x	as long as short
Reya BNBRUSDPERP	+0.0334%	1h	803.68	−0.041%	$6K	$3K	40x	as long as short
Injective BNB/USDC PERP	+0.0353%	1h	804.89	+0.109%	$19K	$627K	30x	as long as short
Backpack BNB_USDC_PERP	+0.0653%	1h	805.01	+0.124%	$3.0M	$5.4M	40x	as long as short