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Funding arb · Price arb /

BNB

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against KuCoin+0.112%97s7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as 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−$420.420% of the position
Long on KuCoinShort on ApeX Omni
What this pair did over the last
the charts below follow
Funding, last 7 days+0.033%+$3 on $10k
Price spread, last 3 days (all we have)+0.007%+$1 · spread now +0.112%, 7d avg +0.078%
Together, before fees+0.039%+$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.035% dearer against KuCoin than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.078%. The two prices were read 97 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BNBUSDTM800.390.0100pay 0.0100% / 8h35m 54s$28.0M$10.3M75x
ShortApeX Omni BNBUSDT801.290.0100get 0.0013% / 1h35m 54s$161K$442K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against KuCoin. 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

Funding earned
$0
Price spread: +0.112% → +0.078%
$3.45
Slippage, 4 orders
−$19.98
Fee KuCoin: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$38.53
Costs to cover
0.420%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; ApeX Omni: live order book, 42 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 3 min ago0.50 bp11.0 bp −$1120.2 bp −$202doesn't fitdoesn't fit
Sell ApeX Omni live order book, 42 min ago4.55 bp9.7 bp −$1034.8 bp −$348doesn't fitdoesn't fit

BNB on 46 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0201% / S +0.0372%1h800.45+0.007%$48K—200xas long as short
Hotstuff BNB-PERP−0.0080%1h800.78+0.049%$4K$1K25xas long as short
Kraken Futures PF_BNBUSD−0.0074%1h800.32−0.009%$2.6M$969K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h802.40+0.251%$3.0M$28.0M10xas long as short
StandX BNB-USD0.0000%1h801.79+0.175%$866K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h800.47+0.010%$9.8M—150xas long as short
Variational Omni BNB+0.0021%8h799.96−0.054%$4.1M$5.4M—as long as short
BingX BNB-USDT+0.0045%8h800.45+0.007%—$34.8M—as long as short
Bybit BNBUSDT+0.0053%8h800.10−0.036%$138.9M$78.5M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h800.72+0.041%$607K$994K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BNB+0.0096%1h800.80+0.052%$2.8M$4.1M20xas long as short
Aster BNBUSDT+0.0096%8h801.06+0.083%$6.3M$19.0M200xas long as short
Nado BNB-PERP+0.0100%1h800.10−0.036%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h800.61+0.027%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h800.20−0.024%$54.5M$113.2M50xas long as short
Arcus BNB-USD+0.0100%1h800.90+0.064%$53K$133K10xas long as short
Gate BNB_USDT+0.0100%8h800.25−0.017%$35.8M$57.9M75xas long as short
KuCoin BNBUSDTMlong+0.0100%8h800.39long leg$28.0M$10.3M75x
Bitget BNBUSDT+0.0100%8h800.10−0.036%$79.4M$27.4M75xas long as short
edgeX BNBUSDC+0.0100%4h801.35+0.120%$4.2M$76.7M30xas long as short
ApeX Omni BNBUSDTshort+0.0100%1h801.29+0.112%$161K$442K50x
Polymarket Perps BNB-USD+0.0100%1h800.34−0.006%$117K$875K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h800.43+0.005%$387K$497K50xas long as short
Derive BNB-PERP+0.0100%1h800.67+0.035%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h801.00+0.077%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h800.60+0.026%$394K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h800.61+0.027%$8.2M$8.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h801.01+0.078%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h799.99−0.050%$1.8M$6.5M50xas long as short
Aevo BNB-PERP+0.0104%1h800.62+0.029%$385K$40K10xas long as short
Phemex BNBUSDT+0.0113%8h801.05+0.082%$70.0M$50.9M50xas long as short
Kalshi KXBNBPERP+0.0115%8h801.20+0.101%$110K$2.9M4.8xas long as short
Binance BNBUSDT+0.0119%8h801.03+0.080%$500.3M$816.9M75xas long as short
MEXC BNB_USDT+0.0119%8h801.30+0.114%$83.3M$13.5M200xas long as short
Phoenix BNB+0.0127%1h802.03+0.205%$172K$36K10xas long as short
Hyperliquid BNB+0.0197%1h801.22+0.104%$51.9M$21.0M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h800.88+0.061%$1.6M$165K25xas long as short
Hibachi BNB/USDT-P+0.0208%1h800.65+0.033%$70K$44K12xas long as short
BloFin BNB-USDT+0.0240%8h801.06+0.084%$18.2M$2.5M75xas long as short
RISEx BNB/USDC+0.0258%1h800.65+0.032%$1.1M$1.4M20xas long as short
Bulk BNB-USD+0.0305%1h801.82+0.179%$651K$20K10xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.587%$19K$789K30xas long as short
01 Exchange BNBUSD+0.0328%1h801.10+0.089%$28K$1K10xas long as short
Reya BNBRUSDPERP+0.0332%1h799.98−0.051%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0410%1h801.57+0.147%$2.7M$5.7M40xas long as short
dYdX BNB-USD+0.0412%1h800.76+0.047%$161K$62K10xas long as short