Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Orderly against KuCoin+0.061%7-day average +0.040% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 4 days (all we have)−0.261%−$26 · spread now +0.061%, 7d avg +0.040%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.021% dearer against KuCoin than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BNBUSDTM | 787.84 | 0.0100 | pay 0.0100% / 8h | 7h 03m | $27.9M | $9.7M | 75x |
| Short | Orderly PERP_BNB_USDC | 788.32 | 0.0100 | get 0.0100% / 8h | 7h 03m | $265K | $304K | 50x |
KuCoin BNBUSDTM
Orderly PERP_BNB_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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: +0.061% → +0.040%
- $2.09
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$15.91
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 5 min ago; Orderly: 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, 5 min ago | 0.57 bp | 9.5 bp −$9 | 17.6 bp −$176 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 45 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 −0.0166% / S +0.0336% | 1h | 788.13 | +0.037% | $43K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 788.41 | +0.072% | $4K | — | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0021% | 1h | 788.09 | +0.032% | $2.5M | $1.2M | 50x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 788.76 | +0.116% | $3.0M | $26.5M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 789.12 | +0.162% | $851K | $2.8M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 788.19 | +0.044% | $9.5M | — | 150x | as long as short |
| Aster BNBUSDT | +0.0010% | 8h | 788.79 | +0.121% | $6.0M | $17.7M | 200x | as long as short |
| BingX BNB-USDT | +0.0026% | 8h | 788.42 | +0.074% | — | $22.0M | — | as long as short |
| Binance BNBUSDT | +0.0029% | 8h | 788.80 | +0.121% | $484.4M | $798.3M | 75x | as long as short |
| MEXC BNB_USDT | +0.0030% | 8h | 790.00 | +0.274% | $83.1M | $12.5M | 200x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
Kraken Futures PF_BNBUSD
GRVT BNB_USDT_Perp
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Aster BNBUSDT
BingX BNB-USDT
Binance BNBUSDT
MEXC BNB_USDTShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.190% | $19K | $789K | 30x | as long as short |
| Phemex BNBUSDT | +0.0087% | 8h | 788.79 | +0.121% | $68.6M | $51.4M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 788.28 | +0.056% | $2.7M | $3.7M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 787.85 | +0.001% | $1.4M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 788.98 | +0.145% | $51.9M | $17.3M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 788.47 | +0.080% | $1.2M | $936K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 788.10 | +0.033% | $138.9M | $70.9M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 788.20 | +0.046% | $53.7M | $108.1M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 788.40 | +0.071% | $52K | $124K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 788.35 | +0.065% | $40.0M | $56.9M | 75x | as long as short |
| KuCoin BNBUSDTMlong | +0.0100% | 8h | 787.84 | long leg | $27.9M | $9.7M | 75x | |
| Bitget BNBUSDT | +0.0100% | 8h | 787.88 | +0.005% | $75.7M | $32.1M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 788.61 | +0.098% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 787.82 | −0.003% | $4.3M | $4.9M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 788.45 | +0.077% | $4.1M | $77.1M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 788.58 | +0.094% | $159K | $440K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 787.96 | +0.015% | $130K | $917K | 10x | as long as short |
| Orderly PERP_BNB_USDCshort | +0.0100% | 8h | 788.32 | +0.061% | $265K | $304K | 50x | |
| SunX BNB-USDT | +0.0100% | 8h | 788.57 | +0.093% | $12K | $1.4M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 788.30 | +0.058% | $388K | $939K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 788.00 | +0.020% | $8.0M | $10.2M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 788.59 | +0.096% | $78K | $147K | 50x | as long as short |
| Kalshi KXBNBPERP | +0.0104% | 8h | 788.60 | +0.096% | $161K | $2.6M | 4.8x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 787.95 | +0.013% | $1.8M | $5.8M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 788.10 | +0.033% | $379K | $110K | 10x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0120% | 1h | 788.70 | +0.109% | $551K | $2.0M | 50x | as long as short |
| Phoenix BNB | +0.0120% | 1h | 788.52 | +0.086% | $158K | $38K | 10x | as long as short |
| BloFin BNB-USDT | +0.0121% | 8h | 788.42 | +0.074% | $17.6M | $2.3M | 75x | as long as short |
| Bulk BNB-USD | +0.0150% | 1h | 788.74 | +0.114% | $639K | $0 | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 788.63 | +0.100% | $1.5M | $138K | 25x | as long as short |
| 01 Exchange BNBUSD | +0.0224% | 1h | 788.78 | +0.119% | $28K | $3K | 10x | as long as short |
| dYdX BNB-USD | +0.0275% | 1h | 788.17 | +0.041% | $158K | $63K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0319% | 1h | 787.85 | +0.001% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0355% | 1h | 788.49 | +0.082% | $1.1M | $890K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0416% | 1h | 788.06 | +0.027% | $67K | $39K | 12x | as long as short |
Injective BNB/USDC PERP
Phemex BNBUSDT
Lighter BNB
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
Kalshi KXBNBPERP
Extended BNB-USD
Aevo BNB-PERP
Coinbase International BNB-PERP-INTX
Phoenix BNB
BloFin BNB-USDT
Bulk BNB-USD
Deribit BNB_USDC-PERPETUAL
01 Exchange BNBUSD
dYdX BNB-USD
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P