Settings8H · net · $10k
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Funding arb · Price arb /

BNB

all BNB markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 00:00 UTC−0.0174%/8h= −19.1% APRpaid last 24h +0.019%
Price spread now: Kraken Futures against KuCoin−0.022%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$390.390% of the position
Long on KuCoinShort on Kraken Futures
What this pair did over the last
the charts below follow
Funding, last 7 days−0.052%−$5 on $10k
Price spread, last 3 days (all we have)−0.026%−$3 · spread now −0.022%, 7d avg +0.004%
Together, before fees−0.078%−$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Kraken Futures is 0.026% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.004%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BNBUSDTM798.440.0100pay 0.0100% / 8h22m 39s$28.0M$10.3M75x
ShortKraken Futures PF_BNBUSD798.27−0.0074pay 0.0009% / 1h22m 39s$2.5M$972K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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

Funding earned
−$36.54
Price spread: −0.022% → +0.004%
−$2.59
Slippage, 4 orders
−$16.99
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$78.12
Costs to cover
0.390%
Break-even
never at this rate
Slippage from KuCoin: live order book, 6 min ago; Kraken Futures: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 6 min ago0.06 bp7.8 bp −$817.5 bp −$175doesn't fitdoesn't fit
Sell Kraken Futures live order book, 1 min ago2.88 bp9.9 bp −$1014.7 bp −$14729.6 bp −$2,96297.3 bp −$48.6K

BNB on 46 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0201% / S +0.0372%1h798.26−0.023%$47K—200xas long as short
Hotstuff BNB-PERP−0.0080%1h798.42−0.003%$4K$1K25xas long as short
Kraken Futures PF_BNBUSDshort−0.0074%1h798.27−0.022%$2.5M$972K50x
GRVT BNB_USDT_Perp0.0000%8h799.10+0.083%$3.0M$27.9M10xas long as short
StandX BNB-USD0.0000%1h798.72+0.035%$863K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h798.30−0.018%$9.7M—150xas long as short
Variational Omni BNB+0.0013%8h798.06−0.048%$4.1M$5.4M—as long as short
BingX BNB-USDT+0.0037%8h798.39−0.006%—$34.7M—as long as short
Bybit BNBUSDT+0.0043%8h798.40−0.005%$138.5M$77.0M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h799.89+0.182%$606K$986K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0089%8h798.97+0.067%$6.3M$19.0M200xas long as short
Lighter BNB+0.0096%1h798.84+0.050%$2.8M$4.1M20xas long as short
Nado BNB-PERP+0.0100%1h797.91−0.067%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h798.76+0.040%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h798.50+0.008%$54.3M$112.9M50xas long as short
Arcus BNB-USD+0.0100%1h798.30−0.018%$52K$133K10xas long as short
Gate BNB_USDT+0.0100%8h798.15−0.036%$35.7M$58.2M75xas long as short
KuCoin BNBUSDTMlong+0.0100%8h798.44long leg$28.0M$10.3M75x
Bitget BNBUSDT+0.0100%8h798.11−0.041%$79.0M$27.5M75xas long as short
edgeX BNBUSDC+0.0100%4h798.56+0.015%$4.1M$76.4M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h799.22+0.098%$161K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h798.12−0.040%$116K$875K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h798.27−0.021%$386K$497K50xas long as short
Derive BNB-PERP+0.0100%1h798.47+0.003%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h798.79+0.044%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h798.50+0.008%$393K$1.0M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h798.69+0.032%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h797.73−0.089%$8.2M$8.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h799.21+0.096%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h797.91−0.067%$1.8M$6.5M50xas long as short
Aevo BNB-PERP+0.0104%1h798.36−0.011%$383K$40K10xas long as short
Phemex BNBUSDT+0.0110%8h798.71+0.034%$69.8M$50.5M50xas long as short
MEXC BNB_USDT+0.0110%8h799.50+0.133%$83.0M$13.5M200xas long as short
Binance BNBUSDT+0.0110%8h799.18+0.092%$499.0M$818.1M75xas long as short
Kalshi KXBNBPERP+0.0126%8h798.80+0.045%$89K$2.9M4.8xas long as short
Phoenix BNB+0.0127%1h798.51+0.009%$172K$36K10xas long as short
Hibachi BNB/USDT-P+0.0176%1h798.02−0.053%$70K$43K12xas long as short
Hyperliquid BNB+0.0208%1h799.36+0.115%$52.5M$21.2M10xas long as short
BloFin BNB-USDT+0.0231%8h798.87+0.054%$18.2M$2.5M75xas long as short
Bulk BNB-USD+0.0239%1h800.03+0.200%$650K$19K10xas long as short
RISEx BNB/USDC+0.0258%1h798.22−0.028%$1.1M$1.4M20xas long as short
01 Exchange BNBUSD+0.0288%1h798.74+0.038%$28K$1K10xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.833%$19K$789K30xas long as short
Reya BNBRUSDPERP+0.0331%1h797.80−0.080%$6K$3K40xas long as short
dYdX BNB-USD+0.0375%1h798.70+0.032%$161K$62K10xas long as short
Backpack BNB_USDC_PERP+0.0395%1h799.15+0.089%$2.7M$5.7M40xas long as short