Funding you earn now, next payment 06:00 UTC−0.0332%/8h= −36.4% APRpaid last 24h −0.029%
Price spread now: KuCoin against RISEx−0.110%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$310.308% of the position
Funding, last 4 days (all we have)−0.124%−$12 on $10k
+Price spread, last 7 days+0.050%+$5 · spread now −0.110%, 7d avg −0.018%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and KuCoin is 0.091% cheaper against RISEx than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.018%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx BNB/USDC | 784.18 | 0.0432 | pay 0.0054% / 1h | 27m 22s | $1.1M | $909K | 20x |
| Short | KuCoin BNBUSDTM | 783.32 | 0.0100 | get 0.0100% / 8h | 2h 27m | $27.6M | $10.3M | 75x |
RISEx BNB/USDC
KuCoin BNBUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against RISEx. 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
- −$69.8
- Price spread: −0.110% → −0.018%
- −$9.13
- Slippage, 4 orders
- −$12.81
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$109.75
- Costs to cover
- 0.308%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 1 min ago; KuCoin: live order book, 7 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 RISEx live order book, 1 min ago | 1.66 bp | 4.7 bp −$5 | 7.9 bp −$79 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 0.76 bp | 10.9 bp −$11 | 18.2 bp −$182 | 46.2 bp −$4,622 | doesn't fit |
BNB on 46 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 −0.0192% / S +0.0356% | 1h | 783.65 | −0.067% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 784.20 | +0.003% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 784.86 | +0.087% | $846K | $3.0M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 783.37 | −0.103% | $9.4M | — | 150x | as long as short |
| Aster BNBUSDT | +0.0031% | 8h | 784.18 | 0.000% | $6.0M | $18.9M | 200x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.666% | $19K | $789K | 30x | as long as short |
| BingX BNB-USDT | +0.0042% | 8h | 783.51 | −0.085% | — | $22.1M | — | as long as short |
| Phemex BNBUSDT | +0.0052% | 8h | 784.45 | +0.034% | $68.6M | $50.5M | 50x | as long as short |
| MEXC BNB_USDT | +0.0054% | 8h | 784.60 | +0.054% | $79.5M | $11.9M | 200x | as long as short |
| Binance BNBUSDT | +0.0054% | 8h | 784.05 | −0.016% | $488.4M | $810.0M | 75x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Aster BNBUSDT
Injective BNB/USDC PERP
BingX BNB-USDT
Phemex BNBUSDT
MEXC BNB_USDT
Binance BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BNBUSD | +0.0069% | 1h | 783.73 | −0.057% | $2.5M | $1.2M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0080% | 1h | 783.79 | −0.050% | $567K | $1.9M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 784.05 | −0.016% | $2.7M | $3.8M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 783.43 | −0.096% | $264K | $489K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 783.75 | −0.055% | $1.4M | $2.7M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 784.38 | +0.026% | $51.3M | $17.6M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 784.19 | +0.001% | $1.2M | $933K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 783.30 | −0.112% | $137.6M | $74.5M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 783.20 | −0.125% | $53.3M | $112.0M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 784.10 | −0.010% | $52K | $129K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 783.40 | −0.099% | $36.3M | $58.8M | 75x | as long as short |
| KuCoin BNBUSDTMshort | +0.0100% | 8h | 783.32 | −0.110% | $27.6M | $10.3M | 75x | |
| Bitget BNBUSDT | +0.0100% | 8h | 783.36 | −0.105% | $75.8M | $30.8M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 784.46 | +0.036% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 784.13 | −0.007% | $4.0M | $4.8M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 785.32 | +0.145% | $4.1M | $75.1M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 785.72 | +0.196% | $158K | $439K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 783.67 | −0.065% | $131K | $954K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 783.98 | −0.025% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 784.57 | +0.050% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 784.00 | −0.023% | $385K | $994K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 783.94 | −0.030% | $8.0M | $10.0M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 784.22 | +0.006% | $76K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 783.53 | −0.083% | $1.8M | $6.2M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 784.08 | −0.012% | $377K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0107% | 1h | 785.13 | +0.121% | $169K | $35K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0146% | 8h | 784.40 | +0.028% | $154K | $2.7M | 4.8x | as long as short |
| dYdX BNB-USD | +0.0162% | 1h | 784.37 | +0.024% | $159K | $61K | 10x | as long as short |
| BloFin BNB-USDT | +0.0174% | 8h | 785.33 | +0.147% | $17.7M | $2.2M | 75x | as long as short |
| GRVT BNB_USDT_Perp | +0.0208% | 8h | 785.52 | +0.171% | $2.9M | $29.3M | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0296% | 1h | 784.54 | +0.046% | $28K | $4K | 10x | as long as short |
| Bulk BNB-USD | +0.0298% | 1h | 785.69 | +0.193% | $637K | $4K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 784.32 | +0.018% | $1.5M | $143K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0323% | 1h | 783.31 | −0.111% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDClong | +0.0432% | 1h | 784.18 | long leg | $1.1M | $909K | 20x | |
| Hibachi BNB/USDT-P | +0.0504% | 1h | 784.29 | +0.014% | $67K | $39K | 12x | as long as short |
Kraken Futures PF_BNBUSD
Coinbase International BNB-PERP-INTX
Lighter BNB
Orderly PERP_BNB_USDC
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
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
Kalshi KXBNBPERP
dYdX BNB-USD
BloFin BNB-USDT
GRVT BNB_USDT_Perp
01 Exchange BNBUSD
Bulk BNB-USD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
Hibachi BNB/USDT-P