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−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.001%
Price spread now: Kalshi against OKX+0.124%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$320.324% of the position
Long on OKXShort on Kalshi
What this pair did over the last
the charts below follow
Funding, last 7 days−0.127%−$13 on $10k
Price spread, last 3 days (all we have)+0.124%+$12 · spread now +0.124%, 7d avg +0.044%
Together, before fees−0.003%$0 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kalshi is 0.080% dearer against OKX than usual: you sell high and buy low (spread +0.124% now, against its 7-day average of +0.044%): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BNB-USDT-SWAP804.700.0100pay 0.0100% / 8h2h 09m$55.2M$116.1M50x
ShortKalshi KXBNBPERP805.700get 0.0000% / 8h6h 09m$114K$2.5M4.8x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kalshi against OKX. 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
−$21
Price spread: +0.124% → +0.044%
$8.02
Slippage, 4 orders
−$12.41
Fee OKX: 5 bp × 2 orders
−$10
Fee Kalshi: 5 bp × 2 orders
−$10
Net
−$45.39
Costs to cover
0.324%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; Kalshi: live order book, 4 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 OKX live order book, 5 min ago0.62 bp6.9 bp −$79.1 bp −$9121.5 bp −$2,145doesn't fit
Sell Kalshi live order book, 4 min ago4.34 bp9.3 bp −$915.1 bp −$151doesn'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 −0.0195% / S +0.0371%1h804.66−0.005%$49K—200xas long as short
Hotstuff BNB-PERP−0.0080%1h805.47+0.096%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h805.45+0.093%$3.0M$29.5M10xas long as short
Kalshi KXBNBPERPshort0.0000%8h805.70+0.124%$114K$2.5M4.8x
StandX BNB-USD0.0000%1h805.12+0.052%$870K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h804.72+0.002%$9.8M—150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h805.06+0.045%$2.5M$919K50xas long as short
Variational Omni BNB+0.0049%8h804.63−0.009%$4.1M$5.4M—as long as short
BingX BNB-USDC+0.0055%8h804.81+0.014%—$13.3M—as long as short
Bybit BNBUSDT+0.0080%8h804.56−0.017%$139.6M$81.7M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0088%1h805.15+0.056%$608K$881K50xas long as short
Lighter BNB+0.0096%1h805.14+0.054%$2.8M$4.2M20xas long as short
Aster BNBUSDT+0.0098%8h805.30+0.075%$6.4M$18.8M200xas long as short
Nado BNB-PERP+0.0100%1h804.45−0.031%$1.5M$2.8M20xas long as short
Pacifica BNB+0.0100%1h804.95+0.031%$1.2M$924K20xas long as short
OKX BNB-USDT-SWAPlong+0.0100%8h804.70long leg$55.2M$116.1M50x
Arcus BNB-USD+0.0100%1h805.10+0.050%$53K$170K10xas long as short
Gate BNB_USDT+0.0100%8h804.700.000%$36.1M$59.2M75xas long as short
KuCoin BNBUSDTM+0.0100%8h804.81+0.014%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h804.43−0.034%$79.0M$24.8M75xas long as short
edgeX BNBUSDC+0.0100%4h805.53+0.103%$4.2M$76.3M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h805.72+0.127%$159K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h804.60−0.012%$116K$873K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h804.93+0.029%$389K$592K50xas long as short
Derive BNB-PERP+0.0100%1h805.07+0.045%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h805.29+0.074%$13K$1.7M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h805.45+0.093%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h804.90+0.025%$8.2M$7.5M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h805.70+0.124%$79K$19K50xas long as short
Extended BNB-USD+0.0104%1h804.57−0.017%$1.9M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h805.16+0.057%$387K$40K10xas long as short
MEXC BNB_USDT+0.0115%8h805.70+0.124%$84.6M$13.7M200xas long as short
Binance BNBUSDT+0.0115%8h805.51+0.100%$520.4M$805.9M75xas long as short
Phoenix BNB+0.0125%1h805.62+0.114%$173K$35K10xas long as short
Phemex BNBUSDT+0.0135%8h805.31+0.076%$70.3M$51.8M50xas long as short
SoDEX BNB-USD+0.0195%1h805.00+0.037%$396K$1.0M10xas long as short
Hyperliquid BNB+0.0208%1h805.39+0.086%$51.9M$22.0M10xas long as short
RISEx BNB/USDC+0.0209%1h805.01+0.039%$1.1M$1.4M20xas long as short
BloFin BNB-USDT+0.0235%8h805.33+0.078%$18.9M$3.1M75xas long as short
dYdX BNB-USD+0.0243%1h804.86+0.020%$170K$55K10xas long as short
Hibachi BNB/USDT-P+0.0256%1h805.29+0.073%$71K$48K12xas long as short
Bulk BNB-USD+0.0258%1h805.37+0.083%$651K$14K10xas long as short
Reya BNBRUSDPERP+0.0334%1h804.42−0.034%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0344%1h805.54+0.104%$28K$1K10xas long as short
Injective BNB/USDC PERP+0.0353%1h804.89+0.024%$19K$627K30xas long as short
Backpack BNB_USDC_PERP+0.0650%1h805.86+0.144%$3.0M$5.5M40xas long as short