Funding you earn now, next payment 10:00 UTC+0.0035%/8h= +3.8% APRnext payment +$0.04 per $10,000 · paid last 24h +0.028%
Price spread now: Kraken Futures against StandX−0.074%46s7-day average −0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$390.389% of the position
Funding, last 7 days+0.111%+$11 on $10k
+Price spread, last 4 days (all we have)−0.111%−$11 · spread now −0.074%, 7d avg −0.066%
=Together, before fees0.000%+ Points / potential airdropStandX: Active · farm board$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.066%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | StandX BNB-USD | 787.36 | 0 | get 0.0000% / 1h | 20m 24s | $849K | $2.8M | 30x |
| Short | Kraken Futures PF_BNBUSD | 786.78 | 0.0035 | get 0.0004% / 1h | 20m 24s | $2.5M | $1.3M | 50x |
StandX BNB-USD
Kraken Futures PF_BNBUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against StandX. 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
- $7.32
- Price spread: −0.074% → −0.066%
- −$0.83
- Slippage, 4 orders
- −$20.85
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$32.36
- Costs to cover
- 0.389%
- Break-even
- 37.9 days
Slippage from StandX: live order book, 2 min ago; Kraken Futures: live order book, 1 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 StandX live order book, 2 min ago | 4.57 bp | 10.4 bp −$10 | 13.3 bp −$133 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 1 min ago | 2.16 bp | 9.9 bp −$10 | 13.3 bp −$133 | 28.1 bp −$2,806 | 87.6 bp −$43.8K |
BNB on 45 exchanges
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 | 786.68 | −0.087% | $43K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 787.36 | 0.000% | $4K | — | 25x | as long as short |
| Aster BNBUSDT | 0.0000% | 8h | 787.35 | −0.001% | $5.9M | $17.4M | 200x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 787.34 | −0.003% | $3.0M | $26.4M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 787.50 | +0.018% | $165K | $2.5M | 4.8x | as long as short |
| StandX BNB-USDlong | 0.0000% | 1h | 787.36 | long leg | $849K | $2.8M | 30x | |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 786.88 | −0.061% | $9.5M | — | 150x | as long as short |
| MEXC BNB_USDT | +0.0020% | 8h | 788.50 | +0.145% | $83.3M | $12.2M | 200x | as long as short |
| Binance BNBUSDT | +0.0020% | 8h | 787.36 | 0.000% | $481.7M | $780.7M | 75x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.252% | $19K | $789K | 30x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
Aster BNBUSDT
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
gTrade (Gains Network) BNB/USD
MEXC BNB_USDT
Binance BNBUSDT
Injective BNB/USDC PERPShow all 45 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BNBUSDshort | +0.0035% | 1h | 786.78 | −0.074% | $2.5M | $1.3M | 50x | |
| Bybit BNBUSDT | +0.0073% | 8h | 786.42 | −0.119% | $138.5M | $68.5M | 75x | as long as short |
| BloFin BNB-USDT | +0.0081% | 8h | 787.74 | +0.048% | $17.6M | $2.2M | 75x | as long as short |
| Phemex BNBUSDT | +0.0087% | 8h | 787.60 | +0.030% | $68.5M | $51.1M | 50x | as long as short |
| Phoenix BNB | +0.0094% | 1h | 787.39 | +0.004% | $158K | $45K | 10x | as long as short |
| Lighter BNB | +0.0096% | 1h | 786.87 | −0.062% | $2.7M | $3.4M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 786.69 | −0.085% | $1.4M | $2.4M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 787.42 | +0.008% | $51.8M | $17.0M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 786.93 | −0.055% | $1.2M | $940K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 786.60 | −0.097% | $53.4M | $104.6M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 787.10 | −0.033% | $57K | $122K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 786.70 | −0.084% | $40.7M | $55.3M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 786.59 | −0.098% | $28.2M | $9.7M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 786.51 | −0.108% | $75.5M | $32.3M | 75x | as long as short |
| BingX BNB-USDC | +0.0100% | 8h | 787.00 | −0.046% | — | $13.4M | — | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 787.27 | −0.011% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 786.49 | −0.111% | $4.3M | $4.5M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 787.43 | +0.009% | $4.1M | $75.4M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 787.16 | −0.025% | $158K | $444K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 786.88 | −0.061% | $130K | $911K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 786.79 | −0.072% | $264K | $300K | 50x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 787.47 | +0.014% | $12K | $1.4M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 787.10 | −0.033% | $387K | $928K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 787.24 | −0.015% | $1.5M | $158K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 787.23 | −0.017% | $8.0M | $10.2M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 787.27 | −0.012% | $78K | $337K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 786.24 | −0.142% | $1.8M | $5.6M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 786.92 | −0.056% | $378K | $110K | 10x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0136% | 1h | 786.42 | −0.119% | $544K | $1.9M | 50x | as long as short |
| Bulk BNB-USD | +0.0212% | 1h | 787.70 | +0.044% | $638K | $0 | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0240% | 1h | 787.51 | +0.019% | $28K | $3K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0318% | 1h | 786.32 | −0.133% | $6K | $3K | 40x | as long as short |
| Hibachi BNB/USDT-P | +0.0344% | 1h | 787.17 | −0.024% | $67K | $38K | 12x | as long as short |
| RISEx BNB/USDC | +0.0345% | 1h | 787.23 | −0.017% | $1.1M | $910K | 20x | as long as short |
| dYdX BNB-USD | +0.0375% | 1h | 786.57 | −0.100% | $158K | $38K | 10x | as long as short |
Bybit BNBUSDT
BloFin BNB-USDT
Phemex BNBUSDT
Phoenix BNB
Lighter BNB
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
BingX BNB-USDC
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
SunX BNB-USDT
SoDEX BNB-USD
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Coinbase International BNB-PERP-INTX
Bulk BNB-USD
01 Exchange BNBUSD
Reya BNBRUSDPERP
Hibachi BNB/USDT-P
RISEx BNB/USDC
dYdX BNB-USD