BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.54 per $10,000 · paid last 24h −0.013%

Price spread now: BingX against KuCoin+0.020%7-day average +0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$310.310% of the position

Long on KuCoin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.014%−$1 on $10k

Price spread, last 7 days+0.008%+$1 · spread now +0.020%, 7d avg +0.034%

Together, before fees−0.006%−$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.034%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BNBUSDTM	789.44	0.0100	pay 0.0100% / 8h	3h 55m	$28.1M	$10.2M	75x
Short	BingX BNB-USDT	789.60	0.0046	get 0.0046% / 8h	3h 55m	—	$34.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now +0.020%Rate

Funding earned: −$11.34
Price spread: +0.020% → +0.034%: −$1.42
Slippage, 4 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$43.76
Costs to cover: 0.310%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 min ago; BingX: live order book, 8 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, 3 min ago	0.76 bp	10.0 bp −$10	18.1 bp −$181	doesn't fit	doesn't fit
Sell BingX live order book, 8 min ago	0.13 bp	5.1 bp −$5	5.2 bp −$52	9.6 bp −$961	20.1 bp −$10.0K

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 −0.0191% / S +0.0355%	1h	789.27	−0.022%	$46K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0124%	1h	789.60	+0.020%	$2.5M	$1.2M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	789.17	−0.034%	$4K	$42	25x	as long as short
StandX BNB-USD	0.0000%	1h	789.04	−0.051%	$851K	$3.2M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	789.37	−0.009%	$9.5M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.982%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0036%	8h	789.97	+0.068%	$6.1M	$18.7M	200x	as long as short
BingX BNB-USDTshort	+0.0046%	8h	789.60	+0.020%	—	$34.4M	—
MEXC BNB_USDT	+0.0057%	8h	790.50	+0.134%	$80.2M	$12.0M	200x	as long as short
Binance BNBUSDT	+0.0057%	8h	790.37	+0.118%	$493.4M	$793.1M	75x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex BNBUSDT	+0.0060%	8h	789.74	+0.038%	$69.1M	$50.2M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0072%	1h	789.35	−0.011%	$580K	$1.9M	50x	as long as short
Lighter BNB	+0.0096%	1h	790.02	+0.074%	$2.8M	$3.8M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	789.54	+0.013%	$266K	$492K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	788.65	−0.100%	$1.5M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	790.18	+0.094%	$51.8M	$17.6M	10x	as long as short
Pacifica BNB	+0.0100%	1h	789.94	+0.063%	$1.2M	$931K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	789.70	+0.033%	$138.9M	$74.0M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	789.70	+0.033%	$53.4M	$111.7M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	789.00	−0.056%	$52K	$133K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	789.45	+0.001%	$35.6M	$56.4M	75x	as long as short
KuCoin BNBUSDTMlong	+0.0100%	8h	789.44	long leg	$28.1M	$10.2M	75x
Bitget BNBUSDT	+0.0100%	8h	789.31	−0.016%	$76.4M	$30.3M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	790.04	+0.076%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	789.31	−0.016%	$4.1M	$4.8M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	789.65	+0.027%	$4.1M	$73.2M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	789.53	+0.011%	$159K	$440K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	788.90	−0.068%	$131K	$952K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	789.61	+0.022%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	789.42	−0.002%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	789.70	+0.033%	$388K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	789.23	−0.027%	$8.1M	$9.6M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	790.02	+0.074%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	789.04	−0.051%	$1.9M	$6.2M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	789.50	+0.008%	$379K	$110K	10x	as long as short
Phoenix BNB	+0.0117%	1h	789.25	−0.024%	$170K	$34K	10x	as long as short
GRVT BNB_USDT_Perp	+0.0161%	8h	789.88	+0.056%	$2.9M	$28.5M	10x	as long as short
dYdX BNB-USD	+0.0167%	1h	789.25	−0.024%	$160K	$64K	10x	as long as short
BloFin BNB-USDT	+0.0177%	8h	789.40	−0.005%	$18.1M	$2.2M	75x	as long as short
Kalshi KXBNBPERP	+0.0190%	8h	789.50	+0.008%	$135K	$2.7M	4.8x	as long as short
Bulk BNB-USD	+0.0216%	1h	788.57	−0.110%	$639K	$9K	10x	as long as short
01 Exchange BNBUSD	+0.0272%	1h	789.49	+0.006%	$28K	$4K	10x	as long as short
Reya BNBRUSDPERP	+0.0325%	1h	788.70	−0.093%	$6K	$3K	40x	as long as short
Hibachi BNB/USDT-P	+0.0368%	1h	789.23	−0.027%	$67K	$39K	12x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0400%	1h	789.98	+0.069%	$1.5M	$143K	25x	as long as short
RISEx BNB/USDC	+0.0431%	1h	789.22	−0.028%	$1.1M	$902K	20x	as long as short