Funding you earn now, next payment 09:00 UTC+0.0253%/8h= +27.7% APRnext payment +$0.32 per $10,000 · paid last 24h +0.055%
Price spread now: 01 Exchange against Kraken Futures+0.108%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 for this trade now. Funding pays +$8 a day on $10k at the current rate, and 01 Exchange is 0.108% dearer against Kraken Futures than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_BNBUSD | 785.63 | −0.0021 | get 0.0003% / 1h | 37m 07s | $2.5M | $1.2M | 50x |
| Short | 01 Exchange BNBUSD | 786.48 | 0.0232 | get 0.0029% / 1h | 37m 07s | $28K | $3K | 10x |
Kraken Futures PF_BNBUSD
01 Exchange BNBUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange against Kraken Futures. 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
- $53.05
- Price spread: +0.108% → 0.000%
- $10.8
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- $46.85
- Costs to cover
- 0.170%
- Break-even
- 0.8 days
Slippage unknown: Kraken Futures: live order book, 1 min ago; 01 Exchange: no order-book sample. 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 Kraken Futures live order book, 1 min ago | 3.44 bp | 11.9 bp −$12 | 15.6 bp −$156 | 30.9 bp −$3,089 | 74.6 bp −$37.3K |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
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 −0.0168% / S +0.0337% | 1h | 785.82 | +0.024% | $43K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 786.37 | +0.094% | $4K | — | 25x | as long as short |
| Kraken Futures PF_BNBUSDlong | −0.0021% | 1h | 785.63 | long leg | $2.5M | $1.2M | 50x | |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 786.12 | +0.062% | $2.9M | $27.5M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 786.71 | +0.137% | $849K | $2.7M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 785.81 | +0.023% | $9.5M | — | 150x | as long as short |
| Aster BNBUSDT | +0.0023% | 8h | 786.31 | +0.086% | $6.0M | $18.4M | 200x | as long as short |
| BingX BNB-USDT | +0.0032% | 8h | 785.88 | +0.032% | — | $22.1M | — | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.477% | $19K | $789K | 30x | as long as short |
| MEXC BNB_USDT | +0.0039% | 8h | 787.40 | +0.225% | $82.4M | $12.2M | 200x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
GRVT BNB_USDT_Perp
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Aster BNBUSDT
BingX BNB-USDT
Injective BNB/USDC PERP
MEXC BNB_USDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNBUSDT | +0.0040% | 8h | 786.25 | +0.078% | $488.8M | $813.0M | 75x | as long as short |
| Lighter BNB | +0.0096% | 1h | 785.81 | +0.022% | $2.7M | $3.6M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 785.80 | +0.021% | $1.3M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 786.34 | +0.090% | $51.6M | $17.6M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 786.19 | +0.071% | $1.2M | $937K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 785.60 | −0.004% | $138.4M | $73.2M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 785.40 | −0.030% | $53.4M | $110.9M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 786.20 | +0.072% | $52K | $125K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 785.80 | +0.021% | $39.3M | $55.6M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 785.57 | −0.008% | $27.7M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 785.32 | −0.040% | $75.3M | $32.5M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 786.16 | +0.067% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 785.22 | −0.052% | $4.3M | $4.9M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 785.98 | +0.044% | $4.1M | $76.1M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 786.12 | +0.062% | $158K | $439K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 786.15 | +0.066% | $131K | $942K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 785.88 | +0.032% | $264K | $358K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 785.93 | +0.038% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 786.26 | +0.080% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 785.90 | +0.034% | $386K | $943K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 786.16 | +0.068% | $1.5M | $141K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 786.00 | +0.048% | $8.0M | $10.3M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 786.43 | +0.102% | $78K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 785.29 | −0.044% | $1.8M | $5.8M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 785.72 | +0.011% | $377K | $110K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0112% | 8h | 786.40 | +0.098% | $159K | $2.6M | 4.8x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0120% | 1h | 786.59 | +0.122% | $548K | $1.9M | 50x | as long as short |
| Phoenix BNB | +0.0120% | 1h | 786.32 | +0.088% | $158K | $38K | 10x | as long as short |
| dYdX BNB-USD | +0.0126% | 1h | 785.69 | +0.008% | $157K | $64K | 10x | as long as short |
| Phemex BNBUSDT | +0.0133% | 8h | 786.41 | +0.099% | $68.5M | $51.2M | 50x | as long as short |
| BloFin BNB-USDT | +0.0158% | 8h | 786.34 | +0.090% | $17.8M | $2.2M | 75x | as long as short |
| Bulk BNB-USD | +0.0212% | 1h | 785.97 | +0.043% | $637K | $831 | 10x | as long as short |
| 01 Exchange BNBUSDshort | +0.0232% | 1h | 786.48 | +0.108% | $28K | $3K | 10x | |
| Reya BNBRUSDPERP | +0.0319% | 1h | 785.66 | +0.003% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0355% | 1h | 786.24 | +0.077% | $1.1M | $911K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0408% | 1h | 786.20 | +0.072% | $67K | $39K | 12x | as long as short |
Binance BNBUSDT
Lighter BNB
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Kalshi KXBNBPERP
Coinbase International BNB-PERP-INTX
Phoenix BNB
dYdX BNB-USD
Phemex BNBUSDT
BloFin BNB-USDT
Bulk BNB-USD
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P