Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Derive against KuCoin+0.030%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Derive is 0.030% dearer against KuCoin than usual: you sell high and buy low, +$3 on $10k if it 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 | KuCoin BNBUSDTM | 788.69 | 0.0100 | pay 0.0100% / 8h | 3h 57m | $28.1M | $10.2M | 75x |
| Short | Derive BNB-PERP | 788.93 | 0.0100 | get 0.0013% / 1h | 57m 12s | $31K | $12K | 10x |
KuCoin BNBUSDTM
Derive BNB-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Derive against KuCoin. 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
- $0
- Price spread: +0.030% → 0.000%
- $3.01
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- −$14.99
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 2 min ago; Derive: 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 KuCoin live order book, 2 min ago | 0.76 bp | 10.0 bp −$10 | 18.1 bp −$181 | doesn't fit | doesn't fit |
| Sell Derive no order-book sample | — | — | — | — | — |
Derive: 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 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 −0.0190% / S +0.0354% | 1h | 788.78 | +0.011% | $46K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0124% | 1h | 788.91 | +0.028% | $2.5M | $1.2M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 789.38 | +0.087% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 789.04 | +0.044% | $851K | $3.2M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 788.78 | +0.012% | $9.5M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.079% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0035% | 8h | 789.45 | +0.096% | $6.1M | $18.7M | 200x | as long as short |
| BingX BNB-USDT | +0.0046% | 8h | 788.95 | +0.033% | — | $34.4M | — | as long as short |
| MEXC BNB_USDT | +0.0057% | 8h | 789.70 | +0.128% | $80.1M | $12.0M | 200x | as long as short |
| Binance BNBUSDT | +0.0057% | 8h | 789.40 | +0.090% | $492.8M | $792.9M | 75x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Hotstuff BNB-PERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
Aster BNBUSDT
BingX BNB-USDT
MEXC BNB_USDT
Binance BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex BNBUSDT | +0.0060% | 8h | 789.49 | +0.101% | $69.0M | $50.2M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0072% | 1h | 789.35 | +0.084% | $580K | $1.9M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 789.00 | +0.039% | $2.7M | $3.8M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 788.86 | +0.022% | $265K | $492K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 788.90 | +0.027% | $1.5M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 789.29 | +0.077% | $51.8M | $17.6M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 789.14 | +0.057% | $1.2M | $931K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 788.70 | +0.001% | $138.8M | $74.0M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 788.70 | +0.001% | $53.4M | $111.4M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 789.20 | +0.065% | $52K | $133K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 788.75 | +0.008% | $35.6M | $56.4M | 75x | as long as short |
| KuCoin BNBUSDTMlong | +0.0100% | 8h | 788.69 | long leg | $28.1M | $10.2M | 75x | |
| Bitget BNBUSDT | +0.0100% | 8h | 788.67 | −0.003% | $76.3M | $30.3M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 789.20 | +0.065% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 789.11 | +0.053% | $4.1M | $4.8M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 789.65 | +0.122% | $4.1M | $73.2M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 789.53 | +0.107% | $159K | $440K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 788.69 | 0.000% | $131K | $952K | 10x | as long as short |
| Derive BNB-PERPshort | +0.0100% | 1h | 788.93 | +0.030% | $31K | $12K | 10x | |
| SunX BNB-USDT | +0.0100% | 8h | 789.45 | +0.097% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 788.90 | +0.027% | $388K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 788.84 | +0.019% | $8.1M | $9.5M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 789.38 | +0.087% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 788.43 | −0.033% | $1.9M | $6.2M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 788.86 | +0.022% | $379K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0117% | 1h | 789.25 | +0.071% | $170K | $34K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0140% | 8h | 789.40 | +0.090% | $135K | $2.7M | 4.8x | as long as short |
| dYdX BNB-USD | +0.0150% | 1h | 789.25 | +0.071% | $160K | $64K | 10x | as long as short |
| GRVT BNB_USDT_Perp | +0.0161% | 8h | 789.88 | +0.151% | $2.9M | $28.5M | 10x | as long as short |
| BloFin BNB-USDT | +0.0177% | 8h | 789.40 | +0.090% | $18.1M | $2.2M | 75x | as long as short |
| Bulk BNB-USD | +0.0216% | 1h | 788.57 | −0.015% | $639K | $9K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0272% | 1h | 789.42 | +0.093% | $28K | $4K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 789.25 | +0.071% | $1.5M | $143K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0325% | 1h | 788.55 | −0.017% | $6K | $3K | 40x | as long as short |
| Hibachi BNB/USDT-P | +0.0368% | 1h | 789.41 | +0.091% | $67K | $39K | 12x | as long as short |
| RISEx BNB/USDC | +0.0431% | 1h | 789.27 | +0.074% | $1.1M | $902K | 20x | as long as short |
Phemex BNBUSDT
Coinbase International BNB-PERP-INTX
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
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
Kalshi KXBNBPERP
dYdX BNB-USD
GRVT BNB_USDT_Perp
BloFin BNB-USDT
Bulk BNB-USD
01 Exchange BNBUSD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
Hibachi BNB/USDT-P
RISEx BNB/USDC