Funding you earn now, next payment 01:00 UTC−0.0451%/8h= −49.4% APRnext payment −$0.56 per $10,000 · paid last 24h −0.051%
Price spread now: Kraken Futures against Reya+0.013%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$14 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya BNBRUSDPERP | 797.38 | 0.0331 | pay 0.0041% / 1h | 47m 44s | $6K | $3K | 40x |
| Short | Kraken Futures PF_BNBUSD | 797.48 | −0.0121 | pay 0.0015% / 1h | 47m 44s | $2.5M | $979K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Reya. 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
- −$94.77
- Price spread: +0.013% → 0.000%
- $1.27
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$109.5
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Kraken Futures: live order book, 1 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 Reya no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 1 min ago | 3.57 bp | 12.2 bp −$12 | 14.5 bp −$145 | 29.1 bp −$2,912 | 102.8 bp −$51.4K |
Reya: 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 −0.0201% / S +0.0372% | 1h | 797.69 | +0.039% | $47K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSDshort | −0.0121% | 1h | 797.48 | +0.013% | $2.5M | $979K | 50x | |
| Bybit BNBUSDT | −0.0081% | 8h | 797.63 | +0.031% | $138.5M | $77.0M | 75x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 798.13 | +0.094% | $4K | $239 | 25x | as long as short |
| BingX BNB-USDT | −0.0030% | 8h | 797.99 | +0.076% | — | $35.2M | — | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 798.92 | +0.193% | $3.0M | $27.9M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 798.40 | +0.128% | $863K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 797.86 | +0.059% | $9.7M | — | 150x | as long as short |
| Variational Omni BNB | +0.0008% | 8h | 797.13 | −0.032% | $4.1M | $5.4M | — | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +0.967% | $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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex BNBUSDT | +0.0046% | 8h | 798.28 | +0.113% | $69.7M | $50.6M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0048% | 1h | 798.00 | +0.078% | $601K | $987K | 50x | as long as short |
| Gate BNB_USDT | +0.0054% | 8h | 797.85 | +0.059% | $35.7M | $55.8M | 75x | as long as short |
| Aster BNBUSDT | +0.0069% | 8h | 798.18 | +0.100% | $6.2M | $19.3M | 200x | as long as short |
| MEXC BNB_USDT | +0.0091% | 8h | 798.90 | +0.190% | $83.0M | $13.5M | 200x | as long as short |
| Binance BNBUSDT | +0.0091% | 8h | 798.65 | +0.159% | $496.4M | $817.0M | 75x | as long as short |
| Lighter BNB | +0.0096% | 1h | 798.32 | +0.118% | $2.8M | $4.0M | 20x | as long as short |
| Phoenix BNB | +0.0099% | 1h | 798.71 | +0.167% | $172K | $36K | 10x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 797.71 | +0.041% | $1.4M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 798.04 | +0.083% | $1.2M | $925K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 797.80 | +0.052% | $54.1M | $111.9M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 798.10 | +0.090% | $52K | $134K | 10x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 797.91 | +0.066% | $27.9M | $10.1M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 797.72 | +0.042% | $78.7M | $27.6M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 798.80 | +0.178% | $4.1M | $76.2M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 798.41 | +0.129% | $161K | $436K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 797.78 | +0.050% | $118K | $874K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 797.79 | +0.051% | $386K | $481K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 797.94 | +0.069% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 798.51 | +0.142% | $13K | $1.7M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 797.90 | +0.065% | $392K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 797.53 | +0.018% | $8.2M | $8.1M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 798.64 | +0.158% | $78K | $19K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 797.57 | +0.023% | $1.8M | $6.6M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 797.88 | +0.062% | $383K | $108K | 10x | as long as short |
| Bulk BNB-USD | +0.0118% | 1h | 798.39 | +0.127% | $648K | $11K | 10x | as long as short |
| Hibachi BNB/USDT-P | +0.0136% | 1h | 797.90 | +0.065% | $70K | $35K | 12x | as long as short |
| Kalshi KXBNBPERP | +0.0154% | 8h | 798.40 | +0.128% | $89K | $2.9M | 4.8x | as long as short |
| RISEx BNB/USDC | +0.0155% | 1h | 797.83 | +0.057% | $1.1M | $1.4M | 20x | as long as short |
| BloFin BNB-USDT | +0.0211% | 8h | 798.50 | +0.140% | $18.1M | $2.5M | 75x | as long as short |
| 01 Exchange BNBUSD | +0.0216% | 1h | 798.27 | +0.111% | $28K | $1K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 798.27 | +0.112% | $1.6M | $160K | 25x | as long as short |
| dYdX BNB-USD | +0.0306% | 1h | 797.97 | +0.074% | $161K | $63K | 10x | as long as short |
| Reya BNBRUSDPERPlong | +0.0331% | 1h | 797.38 | long leg | $6K | $3K | 40x | |
| Hyperliquid BNB | +0.0361% | 1h | 798.80 | +0.178% | $53.2M | $20.8M | 10x | as long as short |
| Backpack BNB_USDC_PERP | +0.0387% | 1h | 798.52 | +0.143% | $2.7M | $5.7M | 40x | as long as short |
Kraken Futures PF_BNBUSD
GMX BNB/USD [WBTC.b-USDC]
Bybit BNBUSDT
BingX BNB-USDT
GRVT BNB_USDT_Perp
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Variational Omni BNB
Injective BNB/USDC PERP
Phemex BNBUSDT
Coinbase International BNB-PERP-INTX
Gate BNB_USDT
Aster BNBUSDT
MEXC BNB_USDT
Binance BNBUSDT
Lighter BNB
Phoenix BNB
Pacifica BNB
OKX BNB-USDT-SWAP
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Bulk BNB-USD
Kalshi KXBNBPERP
RISEx BNB/USDC
BloFin BNB-USDT
01 Exchange BNBUSD
Deribit BNB_USDC-PERPETUAL
Hyperliquid BNB
Backpack BNB_USDC_PERP