BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0055%/8h= +6.0% APRnext payment +$0.55 per $10,000 · paid last 24h −0.001%

Price spread now: KuCoin against Aster−0.084%7-day average −0.101% · you buy dearer than you sell

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$290.286% of the position

Long on Aster Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.046%+$5 on $10k

Price spread, last 7 days+0.011%+$1 · spread now −0.084%, 7d avg −0.101%

Together, before fees+0.057%+ Points / potential airdropAster: Stage 5 · farm board+$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.101%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster BNBUSDT	797.58	0.0045	pay 0.0045% / 8h	7h 05m	$6.1M	$19.5M	200x
Short	KuCoin BNBUSDTM	796.91	0.0100	get 0.0100% / 8h	7h 05m	$27.9M	$10.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Aster. 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 AsterbpFee KuCoinbpOrdersPrice spread, now −0.084%Rate

Funding earned: $11.54
Price spread: −0.084% → −0.101%: $1.72
Slippage, 4 orders: −$8.61
Fee Aster: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$15.34
Costs to cover: 0.286%
Break-even: 16.3 days

Slippage from Aster: live order book, 4 min ago; KuCoin: live order book, 4 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 Aster live order book, 4 min ago	0.50 bp	4.5 bp −$5	4.7 bp −$47	15.5 bp −$1,550	doesn't fit
Sell KuCoin live order book, 4 min ago	0.06 bp	9.6 bp −$10	15.3 bp −$153	43.8 bp −$4,381	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 −0.0159% / S +0.0335%	1h	797.06	−0.065%	$47K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0121%	1h	797.02	−0.070%	$2.5M	$1.0M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	797.49	−0.011%	$4K	$239	25x	as long as short
Gate BNB_USDT	−0.0013%	8h	796.70	−0.111%	$35.8M	$57.1M	75x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	799.15	+0.197%	$3.0M	$27.9M	10x	as long as short
StandX BNB-USD	0.0000%	1h	797.80	+0.027%	$862K	$3.0M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	797.06	−0.065%	$9.7M	—	150x	as long as short
Variational Omni BNB	+0.0009%	8h	796.50	−0.135%	$4.1M	$5.1M	—	as long as short
Phemex BNBUSDT	+0.0019%	8h	797.65	+0.009%	$69.7M	$50.2M	50x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+0.941%	$19K	$789K	30x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster BNBUSDTlong	+0.0045%	8h	797.58	long leg	$6.1M	$19.5M	200x
Coinbase International BNB-PERP-INTX	+0.0048%	1h	797.60	+0.002%	$610K	$1.1M	50x	as long as short
BingX BNB-USDC	+0.0057%	8h	797.22	−0.045%	—	$13.4M	—	as long as short
Binance BNBUSDT	+0.0070%	8h	797.56	−0.003%	$496.4M	$810.5M	75x	as long as short
MEXC BNB_USDT	+0.0071%	8h	797.90	+0.040%	$83.0M	$13.7M	200x	as long as short
Bybit BNBUSDT	+0.0074%	8h	796.90	−0.085%	$138.6M	$76.2M	75x	as long as short
Lighter BNB	+0.0096%	1h	797.26	−0.040%	$2.8M	$4.0M	20x	as long as short
Phoenix BNB	+0.0099%	1h	797.27	−0.039%	$171K	$36K	10x	as long as short
Nado BNB-PERP	+0.0100%	1h	796.85	−0.092%	$1.5M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	797.40	−0.023%	$1.2M	$930K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	796.80	−0.098%	$54.2M	$110.7M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	797.50	−0.010%	$52K	$127K	10x	as long as short
KuCoin BNBUSDTMshort	+0.0100%	8h	796.91	−0.084%	$27.9M	$10.0M	75x
Bitget BNBUSDT	+0.0100%	8h	796.64	−0.118%	$78.1M	$28.0M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	797.71	+0.016%	$4.1M	$76.3M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	799.32	+0.218%	$161K	$436K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	796.99	−0.074%	$113K	$885K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	797.01	−0.072%	$385K	$467K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	797.12	−0.058%	$32K	$9K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	797.74	+0.020%	$13K	$1.6M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	797.20	−0.048%	$392K	$995K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	797.04	−0.068%	$8.2M	$8.4M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	797.88	+0.038%	$78K	$18K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	796.60	−0.123%	$1.8M	$6.0M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	797.03	−0.069%	$383K	$110K	10x	as long as short
Bulk BNB-USD	+0.0133%	1h	798.69	+0.139%	$649K	$10K	10x	as long as short
RISEx BNB/USDC	+0.0155%	1h	797.43	−0.019%	$1.1M	$1.4M	20x	as long as short
Kalshi KXBNBPERP	+0.0163%	8h	797.70	+0.015%	$102K	$2.8M	4.8x	as long as short
dYdX BNB-USD	+0.0187%	1h	796.86	−0.091%	$161K	$63K	10x	as long as short
BloFin BNB-USDT	+0.0190%	8h	797.60	+0.002%	$18.1M	$2.5M	75x	as long as short
01 Exchange BNBUSD	+0.0200%	1h	797.83	+0.031%	$28K	$1K	10x	as long as short
Hyperliquid BNB	+0.0283%	1h	797.79	+0.026%	$53.0M	$20.1M	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	797.43	−0.019%	$1.6M	$161K	25x	as long as short
Reya BNBRUSDPERP	+0.0330%	1h	796.63	−0.119%	$6K	$3K	40x	as long as short
Hibachi BNB/USDT-P	+0.0376%	1h	797.30	−0.035%	$68K	$38K	12x	as long as short
Backpack BNB_USDC_PERP	+0.0426%	1h	797.76	+0.022%	$2.7M	$5.7M	40x	as long as short