BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0298%/8h= −32.6% APRnext payment −$0.37 per $10,000 · paid last 24h −0.047%

Price spread now: Kraken Futures against 01 Exchange−0.074%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on 01 Exchange Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Kraken Futures is 0.074% cheaper against 01 Exchange than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange BNBUSD	806.41	0.0336	pay 0.0042% / 1h	26m 12s	$29K	$1K	10x
Short	Kraken Futures PF_BNBUSD	805.82	0.0038	get 0.0005% / 1h	26m 12s	$2.5M	$908K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against 01 Exchange. 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 01 ExchangebpFee Kraken FuturesbpOrdersPrice spread, now −0.074%Rate

Funding earned: −$62.54
Price spread: −0.074% → 0.000%: −$7.36
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$86.9
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; Kraken Futures: live order book, 2 min ago. Net counts fees only.

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 01 Exchange no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 2 min ago	3.61 bp	10.9 bp −$11	16.0 bp −$160	34.4 bp −$3,443	doesn't fit

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 −0.0195% / S +0.0371%	1h	805.63	−0.096%	$49K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	805.10	−0.162%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	804.60	−0.224%	$3.0M	$29.3M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	806.10	−0.038%	$112K	$2.5M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	804.43	−0.246%	$869K	$2.9M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	805.68	−0.090%	$9.8M	—	150x	as long as short
Kraken Futures PF_BNBUSDshort	+0.0038%	1h	805.82	−0.074%	$2.5M	$908K	50x
Variational Omni BNB	+0.0049%	8h	803.71	−0.334%	$4.0M	$5.4M	—	as long as short
BingX BNB-USDT	+0.0052%	8h	805.82	−0.073%	—	$34.5M	—	as long as short
Bybit BNBUSDT	+0.0075%	8h	805.40	−0.125%	$139.7M	$82.5M	75x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International BNB-PERP-INTX	+0.0088%	1h	804.80	−0.200%	$609K	$879K	50x	as long as short
Aster BNBUSDT	+0.0092%	8h	806.34	−0.009%	$6.4M	$18.8M	200x	as long as short
Lighter BNB	+0.0096%	1h	806.02	−0.049%	$2.8M	$4.2M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	805.20	−0.150%	$1.4M	$2.8M	20x	as long as short
Pacifica BNB	+0.0100%	1h	805.68	−0.091%	$1.2M	$923K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	805.70	−0.088%	$55.2M	$115.9M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	805.80	−0.076%	$53K	$165K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	805.60	−0.100%	$36.0M	$58.5M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	805.53	−0.109%	$28.2M	$10.5M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	805.42	−0.123%	$79.3M	$24.5M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	804.62	−0.222%	$4.2M	$76.9M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	804.73	−0.208%	$159K	$438K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	805.39	−0.126%	$119K	$868K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	805.84	−0.071%	$389K	$593K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	805.94	−0.058%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	806.19	−0.027%	$13K	$1.7M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	805.12	−0.160%	$8.2M	$7.4M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	806.16	−0.031%	$79K	$19K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	805.45	−0.119%	$1.9M	$6.1M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	805.91	−0.061%	$387K	$40K	10x	as long as short
MEXC BNB_USDT	+0.0108%	8h	806.70	+0.036%	$84.6M	$13.6M	200x	as long as short
Binance BNBUSDT	+0.0109%	8h	806.48	+0.009%	$520.8M	$803.8M	75x	as long as short
Phemex BNBUSDT	+0.0124%	8h	806.38	−0.004%	$70.4M	$51.8M	50x	as long as short
Phoenix BNB	+0.0125%	1h	804.63	−0.221%	$173K	$35K	10x	as long as short
Hyperliquid BNB	+0.0171%	1h	806.50	+0.011%	$51.8M	$21.3M	10x	as long as short
SoDEX BNB-USD	+0.0196%	1h	805.80	−0.076%	$396K	$1.0M	10x	as long as short
Bulk BNB-USD	+0.0197%	1h	804.34	−0.257%	$650K	$11K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	806.36	−0.006%	$1.6M	$165K	25x	as long as short
RISEx BNB/USDC	+0.0209%	1h	805.79	−0.077%	$1.1M	$1.4M	20x	as long as short
BloFin BNB-USDT	+0.0229%	8h	805.82	−0.073%	$18.8M	$3.1M	75x	as long as short
Hibachi BNB/USDT-P	+0.0240%	1h	804.39	−0.251%	$71K	$48K	12x	as long as short
dYdX BNB-USD	+0.0267%	1h	805.64	−0.096%	$170K	$55K	10x	as long as short
Reya BNBRUSDPERP	+0.0334%	1h	805.21	−0.149%	$6K	$3K	40x	as long as short
01 Exchange BNBUSDlong	+0.0336%	1h	806.41	long leg	$29K	$1K	10x
Injective BNB/USDC PERP	+0.0353%	1h	804.89	−0.188%	$19K	$627K	30x	as long as short
Backpack BNB_USDC_PERP	+0.0652%	1h	806.84	+0.053%	$3.0M	$5.5M	40x	as long as short