BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.33 per $10,000 · paid last 24h −0.002%

Price spread now: KuCoin against MEXC−0.113%7-day average −0.208% · you buy dearer than you sell

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$280.285% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.029%+$3 on $10k

Price spread, last 7 days−0.130%−$13 · spread now −0.113%, 7d avg −0.208%

Together, before fees−0.101%−$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.095% dearer against MEXC than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.208%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BNB_USDT	789.80	0.0067	pay 0.0067% / 8h	6h 00m	$80.5M	$13.2M	200x
Short	KuCoin BNBUSDTM	788.91	0.0100	get 0.0100% / 8h	6h 00m	$27.8M	$10.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee MEXCbpFee KuCoinbpOrdersPrice spread, now −0.113%Rate

Funding earned: $6.93
Price spread: −0.113% → −0.208%: $9.54
Slippage, 4 orders: −$12.45
Fee MEXC: 2 bp × 2 orders: −$4
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$11.98
Costs to cover: 0.285%
Break-even: 19.1 days

Slippage from MEXC: live order book, 3 min ago; KuCoin: live order book, 3 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 MEXC live order book, 3 min ago	0.63 bp	3.5 bp −$4	5.8 bp −$58	26.6 bp −$2,660	43.9 bp −$21.9K
Sell KuCoin live order book, 3 min ago	0.82 bp	9.9 bp −$10	17.5 bp −$175	46.8 bp −$4,685	doesn't fit

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 −0.0167% / S +0.0335%	1h	789.23	−0.073%	$46K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0132%	1h	789.38	−0.053%	$2.5M	$1.2M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	789.93	+0.016%	$4K	$239	25x	as long as short
StandX BNB-USD	0.0000%	1h	790.38	+0.073%	$854K	$3.2M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	789.32	−0.061%	$9.6M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.936%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0034%	8h	789.88	+0.010%	$6.2M	$18.9M	200x	as long as short
BingX BNB-USDT	+0.0051%	8h	789.21	−0.075%	—	$34.6M	—	as long as short
Coinbase International BNB-PERP-INTX	+0.0056%	1h	789.66	−0.018%	$619K	$1.8M	50x	as long as short
Phemex BNBUSDT	+0.0058%	8h	789.78	−0.003%	$69.1M	$50.8M	50x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BNB	+0.0062%	8h	789.21	−0.074%	$4.1M	$4.8M	—	as long as short
Gate BNB_USDT	+0.0066%	8h	789.00	−0.101%	$35.4M	$58.0M	75x	as long as short
MEXC BNB_USDTlong	+0.0067%	8h	789.80	long leg	$80.5M	$13.2M	200x
Binance BNBUSDT	+0.0068%	8h	789.68	−0.015%	$494.3M	$813.0M	75x	as long as short
Phoenix BNB	+0.0088%	1h	789.43	−0.047%	$170K	$36K	10x	as long as short
Lighter BNB	+0.0096%	1h	789.27	−0.068%	$2.8M	$4.1M	20x	as long as short
GRVT BNB_USDT_Perp	+0.0098%	8h	790.16	+0.046%	$2.9M	$28.4M	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	789.28	−0.066%	$381K	$386K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	789.45	−0.044%	$1.5M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	789.64	−0.020%	$51.7M	$18.7M	10x	as long as short
Pacifica BNB	+0.0100%	1h	789.37	−0.054%	$1.2M	$920K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	788.93	−0.110%	$138.8M	$79.3M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	788.90	−0.114%	$53.3M	$112.7M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	789.60	−0.025%	$52K	$135K	10x	as long as short
KuCoin BNBUSDTMshort	+0.0100%	8h	788.91	−0.113%	$27.8M	$10.4M	75x
Bitget BNBUSDT	+0.0100%	8h	788.96	−0.106%	$77.3M	$29.9M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	790.23	+0.055%	$4.1M	$77.3M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	790.07	+0.034%	$159K	$438K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	789.10	−0.089%	$137K	$947K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	789.45	−0.044%	$31K	$9K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	789.69	−0.014%	$12K	$1.6M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	789.47	−0.042%	$8.1M	$9.0M	75x	as long as short
Paradex BNB-USD-PERP	+0.0101%	8h	789.75	−0.006%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	788.91	−0.112%	$1.8M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	789.18	−0.078%	$379K	$110K	10x	as long as short
SoDEX BNB-USD	+0.0116%	1h	789.40	−0.051%	$388K	$1.0M	10x	as long as short
dYdX BNB-USD	+0.0121%	1h	788.88	−0.116%	$160K	$64K	10x	as long as short
RISEx BNB/USDC	+0.0131%	1h	789.60	−0.025%	$1.1M	$1.1M	20x	as long as short
Kalshi KXBNBPERP	+0.0178%	8h	789.80	0.000%	$92K	$2.9M	4.8x	as long as short
01 Exchange BNBUSD	+0.0272%	1h	789.98	+0.023%	$28K	$3K	10x	as long as short
Bulk BNB-USD	+0.0298%	1h	789.80	0.000%	$640K	$13K	10x	as long as short
Reya BNBRUSDPERP	+0.0328%	1h	788.95	−0.107%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0384%	1h	789.79	−0.001%	$2.2M	$6.0M	40x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0400%	1h	789.82	+0.002%	$1.5M	$160K	25x	as long as short
Hibachi BNB/USDT-P	+0.0520%	1h	789.88	+0.010%	$67K	$39K	12x	as long as short