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

BNB

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 08:00 UTC+0.0090%/8h= +9.8% APRnext payment +$0.90 per $10,000 · paid last 24h −0.003%
Price spread now: Kalshi against MEXC+0.038%7-day average −0.164% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$4as in the Price arb table
costs, in and out, $10k−$240.238% of the position
Long on MEXCShort on Kalshi
What this pair did over the last
the charts below follow
Funding, last 7 days−0.102%−$10 on $10k
Price spread, last 7 days−0.238%−$24 · spread now +0.038%, 7d avg −0.164%
Together, before fees−0.340%−$34 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Kalshi is 0.202% dearer against MEXC than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.164%. Mind the row above: over the last 7 days funding on this pair cost −0.102%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BNB_USDT785.800.0052pay 0.0052% / 8h2h 33m$79.6M$11.9M200x
ShortKalshi KXBNBPERP786.100.0142get 0.0142% / 8h6h 33m$141K$2.7M4.8x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kalshi against MEXC. 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
$18.8
Price spread: +0.038% → −0.164%
$20.19
Slippage, 4 orders
−$9.8
Fee MEXC: 2 bp × 2 orders
−$4
Fee Kalshi: 5 bp × 2 orders
−$10
Net
$15.19
Costs to cover
0.238%
Break-even
1.3 days
Slippage from MEXC: live order book, 5 min ago; Kalshi: live order book, 5 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 MEXC live order book, 5 min ago0.64 bp2.6 bp −$36.0 bp −$6024.1 bp −$2,41543.5 bp −$21.8K
Sell Kalshi live order book, 5 min ago3.18 bp8.2 bp −$814.4 bp −$144doesn't fitdoesn't fit

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 −0.0192% / S +0.0356%1h785.09−0.091%$46K—200xas long as short
Hotstuff BNB-PERP−0.0080%1h785.37−0.055%$4K$4225xas long as short
StandX BNB-USD0.0000%1h787.58+0.227%$849K$3.0M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h785.13−0.085%$9.5M—150xas long as short
Aster BNBUSDT+0.0029%8h785.37−0.055%$6.1M$19.0M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.455%$19K$789K30xas long as short
BingX BNB-USDC+0.0041%8h785.30−0.064%—$13.4M—as long as short
Phemex BNBUSDT+0.0048%8h785.61−0.024%$68.7M$50.7M50xas long as short
MEXC BNB_USDTlong+0.0052%8h785.80long leg$79.6M$11.9M200x
Binance BNBUSDT+0.0053%8h785.38−0.053%$488.9M$808.6M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BNBUSD+0.0069%1h785.05−0.096%$2.5M$1.2M50xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h786.23+0.055%$576K$1.9M50xas long as short
Lighter BNB+0.0096%1h784.97−0.106%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h785.15−0.083%$264K$490K50xas long as short
Nado BNB-PERP+0.0100%1h785.40−0.051%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h785.35−0.057%$51.5M$17.5M10xas long as short
Pacifica BNB+0.0100%1h785.06−0.094%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h784.80−0.127%$137.8M$74.5M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h784.80−0.127%$53.3M$111.9M50xas long as short
Arcus BNB-USD+0.0100%1h785.30−0.064%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h784.80−0.127%$36.3M$58.4M75xas long as short
KuCoin BNBUSDTM+0.0100%8h784.49−0.167%$27.5M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h784.58−0.155%$75.9M$30.7M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h785.75−0.006%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h786.03+0.029%$4.0M$4.9M—as long as short
edgeX BNBUSDC+0.0100%4h786.25+0.058%$4.1M$75.0M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h786.54+0.094%$158K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h785.33−0.060%$131K$952K10xas long as short
Derive BNB-PERP+0.0100%1h785.24−0.071%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h786.06+0.033%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h785.20−0.076%$386K$994K10xas long as short
HTX BNB-USDT+0.0100%8h785.33−0.060%$8.0M$10.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h785.06−0.094%$76K$17K50xas long as short
Extended BNB-USD+0.0104%1h784.59−0.154%$1.8M$6.4M50xas long as short
Aevo BNB-PERP+0.0104%1h785.08−0.092%$377K$110K10xas long as short
Phoenix BNB+0.0107%1h786.44+0.081%$169K$35K10xas long as short
dYdX BNB-USD+0.0111%1h784.98−0.104%$159K$61K10xas long as short
Kalshi KXBNBPERPshort+0.0142%8h786.10+0.038%$141K$2.7M4.8x
BloFin BNB-USDT+0.0173%8h787.24+0.183%$17.8M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0205%8h786.66+0.109%$2.9M$29.3M10xas long as short
Bulk BNB-USD+0.0256%1h786.23+0.055%$637K$10K10xas long as short
01 Exchange BNBUSD+0.0288%1h785.66−0.018%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h785.46−0.043%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0323%1h785.26−0.069%$6K$3K40xas long as short
RISEx BNB/USDC+0.0432%1h785.30−0.064%$1.1M$909K20xas long as short
Hibachi BNB/USDT-P+0.0480%1h786.93+0.143%$67K$39K12xas long as short