Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bitget−0.027%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$400.398% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 7 days+0.072%+$7 · spread now −0.027%, 7d avg +0.029%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.057% cheaper against Bitget than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BNBUSDT | 800.12 | 0.0100 | pay 0.0100% / 8h | 7h 25m | $78.9M | $27.8M | 75x |
| Short | KuCoin BNBUSDTM | 799.90 | 0.0100 | get 0.0100% / 8h | 7h 25m | $27.9M | $10.1M | 75x |
Bitget BNBUSDT
KuCoin BNBUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. 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
- $0
- Price spread: −0.027% → +0.029%
- −$5.66
- Slippage, 4 orders
- −$15.81
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$45.47
- Costs to cover
- 0.398%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 3 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 Bitget live order book, 3 min ago | 0.06 bp | 7.7 bp −$8 | 10.6 bp −$106 | 12.9 bp −$1,286 | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 1.06 bp | 11.3 bp −$11 | 19.1 bp −$191 | 51.9 bp −$5,186 | 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 | 800.16 | +0.005% | $48K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0120% | 1h | 800.13 | +0.002% | $2.5M | $1.0M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 799.06 | −0.132% | $4K | $239 | 25x | as long as short |
| BingX BNB-USDT | −0.0024% | 8h | 800.21 | +0.011% | — | $35.0M | — | as long as short |
| Bybit BNBUSDT | −0.0009% | 8h | 799.80 | −0.040% | $139.0M | $75.6M | 75x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 799.48 | −0.080% | $3.0M | $27.5M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 799.70 | −0.052% | $864K | $2.9M | 30x | as long as short |
| Phemex BNBUSDT | 0.0000% | 8h | 800.48 | +0.045% | $69.9M | $50.1M | 50x | as long as short |
| Variational Omni BNB | +0.0003% | 8h | 799.72 | −0.050% | $4.1M | $5.2M | — | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 800.14 | +0.002% | $9.8M | — | 150x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Hotstuff BNB-PERP
BingX BNB-USDT
Bybit BNBUSDT
GRVT BNB_USDT_Perp
StandX BNB-USD
Phemex BNBUSDT
Variational Omni BNB
gTrade (Gains Network) BNB/USDShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BNB_USDT | +0.0023% | 8h | 799.80 | −0.040% | $35.8M | $56.5M | 75x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +0.621% | $19K | $789K | 30x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0048% | 1h | 800.35 | +0.029% | $616K | $1.1M | 50x | as long as short |
| Aster BNBUSDT | +0.0060% | 8h | 800.66 | +0.068% | $6.2M | $19.3M | 200x | as long as short |
| MEXC BNB_USDT | +0.0081% | 8h | 800.90 | +0.097% | $83.3M | $13.6M | 200x | as long as short |
| Binance BNBUSDT | +0.0081% | 8h | 800.59 | +0.059% | $496.8M | $810.4M | 75x | as long as short |
| Lighter BNB | +0.0096% | 1h | 800.46 | +0.043% | $2.8M | $4.0M | 20x | as long as short |
| Phoenix BNB | +0.0099% | 1h | 798.91 | −0.151% | $172K | $36K | 10x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 799.30 | −0.102% | $1.5M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 799.65 | −0.059% | $1.2M | $924K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 799.80 | −0.040% | $54.3M | $111.2M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 799.70 | −0.052% | $53K | $133K | 10x | as long as short |
| KuCoin BNBUSDTMshort | +0.0100% | 8h | 799.90 | −0.027% | $27.9M | $10.1M | 75x | |
| Bitget BNBUSDTlong | +0.0100% | 8h | 800.12 | long leg | $78.9M | $27.8M | 75x | |
| edgeX BNBUSDC | +0.0100% | 4h | 798.99 | −0.141% | $4.2M | $76.2M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 798.82 | −0.162% | $161K | $436K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 800.01 | −0.014% | $117K | $878K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 800.09 | −0.004% | $387K | $458K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 800.36 | +0.030% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 800.78 | +0.082% | $13K | $1.7M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 800.40 | +0.035% | $394K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 799.40 | −0.090% | $8.2M | $8.3M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 800.29 | +0.021% | $78K | $18K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 799.62 | −0.062% | $1.8M | $6.3M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 800.14 | +0.003% | $384K | $110K | 10x | as long as short |
| Bulk BNB-USD | +0.0127% | 1h | 799.28 | −0.105% | $649K | $10K | 10x | as long as short |
| RISEx BNB/USDC | +0.0155% | 1h | 799.74 | −0.047% | $1.1M | $1.4M | 20x | as long as short |
| Kalshi KXBNBPERP | +0.0156% | 8h | 800.40 | +0.035% | $90K | $2.8M | 4.8x | as long as short |
| Hibachi BNB/USDT-P | +0.0200% | 1h | 799.61 | −0.063% | $69K | $38K | 12x | as long as short |
| BloFin BNB-USDT | +0.0201% | 8h | 799.28 | −0.105% | $18.1M | $2.6M | 75x | as long as short |
| 01 Exchange BNBUSD | +0.0208% | 1h | 800.19 | +0.009% | $28K | $1K | 10x | as long as short |
| dYdX BNB-USD | +0.0225% | 1h | 799.33 | −0.099% | $161K | $63K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 800.74 | +0.077% | $1.6M | $161K | 25x | as long as short |
| Hyperliquid BNB | +0.0306% | 1h | 801.24 | +0.140% | $53.2M | $20.7M | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0330% | 1h | 799.76 | −0.045% | $6K | $3K | 40x | as long as short |
| Backpack BNB_USDC_PERP | +0.0393% | 1h | 800.89 | +0.096% | $2.7M | $5.7M | 40x | as long as short |
Gate BNB_USDT
Injective BNB/USDC PERP
Coinbase International BNB-PERP-INTX
Aster BNBUSDT
MEXC BNB_USDT
Binance BNBUSDT
Lighter BNB
Phoenix BNB
Nado BNB-PERP
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Bulk BNB-USD
RISEx BNB/USDC
Kalshi KXBNBPERP
Hibachi BNB/USDT-P
BloFin BNB-USDT
01 Exchange BNBUSD
dYdX BNB-USD
Deribit BNB_USDC-PERPETUAL
Hyperliquid BNB
Reya BNBRUSDPERP
Backpack BNB_USDC_PERP