Funding you earn now, next payment 04:00 UTC+0.0075%/8h= +8.2% APRnext payment +$0.75 per $10,000 · paid last 24h −0.001%
Price spread now: Kalshi against KuCoin+0.077%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$410.410% of the position
Funding, last 7 days−0.149%−$15 on $10k
+Price spread, last 7 days−0.064%−$6 · spread now +0.077%, 7d avg +0.041%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Kalshi is 0.036% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.041%. Mind the row above: over the last 7 days funding on this pair cost −0.149%, 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 | KuCoin BNBUSDTM | 789.19 | 0.0100 | pay 0.0100% / 8h | 4h 16m | $28.1M | $10.4M | 75x |
| Short | Kalshi KXBNBPERP | 789.80 | 0.0175 | get 0.0175% / 8h | 16m 57s | $125K | $2.7M | 4.8x |
KuCoin BNBUSDTM
Kalshi KXBNBPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi 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
- $15.81
- Price spread: +0.077% → +0.041%
- $3.64
- Slippage, 4 orders
- −$19.04
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$21.59
- Costs to cover
- 0.410%
- Break-even
- 16.6 days
Slippage from KuCoin: live order book, 2 min ago; Kalshi: live order book, 1 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, 2 min ago | 0.06 bp | 9.8 bp −$10 | 20.8 bp −$208 | doesn't fit | doesn't fit |
| Sell Kalshi live order book, 1 min ago | 1.90 bp | 13.2 bp −$13 | 19.3 bp −$193 | doesn't fit | 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 −0.0188% / S +0.0352% | 1h | 789.26 | +0.009% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 789.41 | +0.028% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 789.11 | −0.010% | $851K | $3.2M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 789.23 | +0.005% | $9.5M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.015% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0037% | 8h | 789.83 | +0.081% | $6.1M | $18.7M | 200x | as long as short |
| BingX BNB-USDT | +0.0050% | 8h | 789.47 | +0.035% | — | $34.4M | — | as long as short |
| Phemex BNBUSDT | +0.0056% | 8h | 789.92 | +0.092% | $69.1M | $50.0M | 50x | as long as short |
| Binance BNBUSDT | +0.0061% | 8h | 789.88 | +0.087% | $492.9M | $789.8M | 75x | as long as short |
| MEXC BNB_USDT | +0.0061% | 8h | 790.00 | +0.103% | $80.2M | $12.4M | 200x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
Aster BNBUSDT
BingX BNB-USDT
Phemex BNBUSDT
Binance BNBUSDT
MEXC BNB_USDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BNB-PERP-INTX | +0.0064% | 1h | 789.45 | +0.033% | $582K | $1.9M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 789.47 | +0.035% | $2.7M | $3.8M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 789.35 | +0.020% | $266K | $492K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 788.95 | −0.030% | $1.5M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 790.05 | +0.109% | $51.8M | $17.6M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 789.44 | +0.032% | $1.2M | $931K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 789.20 | +0.001% | $138.8M | $74.6M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 789.00 | −0.024% | $53.4M | $111.3M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 789.40 | +0.027% | $52K | $130K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 789.35 | +0.020% | $35.5M | $57.4M | 75x | as long as short |
| KuCoin BNBUSDTMlong | +0.0100% | 8h | 789.19 | long leg | $28.1M | $10.4M | 75x | |
| Bitget BNBUSDT | +0.0100% | 8h | 788.92 | −0.034% | $76.3M | $30.1M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 789.82 | +0.080% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 788.80 | −0.049% | $4.1M | $4.6M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 789.65 | +0.058% | $4.1M | $73.3M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 789.43 | +0.030% | $159K | $440K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 789.07 | −0.015% | $133K | $950K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 789.48 | +0.037% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 789.89 | +0.089% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 789.50 | +0.039% | $388K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 789.11 | −0.010% | $8.1M | $9.5M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0101% | 8h | 789.83 | +0.081% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 788.84 | −0.044% | $1.8M | $5.9M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 789.40 | +0.027% | $379K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0117% | 1h | 789.49 | +0.038% | $170K | $35K | 10x | as long as short |
| dYdX BNB-USD | +0.0122% | 1h | 789.35 | +0.020% | $160K | $64K | 10x | as long as short |
| GRVT BNB_USDT_Perp | +0.0150% | 8h | 790.01 | +0.104% | $2.9M | $28.6M | 10x | as long as short |
| Kalshi KXBNBPERPshort | +0.0175% | 8h | 789.80 | +0.077% | $125K | $2.7M | 4.8x | |
| BloFin BNB-USDT | +0.0181% | 8h | 789.84 | +0.082% | $18.2M | $2.2M | 75x | as long as short |
| Bulk BNB-USD | +0.0222% | 1h | 790.13 | +0.119% | $640K | $9K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0232% | 1h | 789.76 | +0.072% | $28K | $4K | 10x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0263% | 1h | 789.32 | +0.016% | $2.5M | $1.2M | 50x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 789.79 | +0.077% | $1.5M | $143K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0326% | 1h | 788.90 | −0.036% | $6K | $3K | 40x | as long as short |
| Hibachi BNB/USDT-P | +0.0392% | 1h | 789.18 | −0.002% | $67K | $38K | 12x | as long as short |
| RISEx BNB/USDC | +0.0461% | 1h | 789.52 | +0.042% | $1.1M | $967K | 20x | as long as short |
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
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
dYdX BNB-USD
GRVT BNB_USDT_Perp
BloFin BNB-USDT
Bulk BNB-USD
01 Exchange BNBUSD
Kraken Futures PF_BNBUSD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
Hibachi BNB/USDT-P
RISEx BNB/USDC