BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0085%/8h= +9.3% APRnext payment +$0.85 per $10,000 · paid last 24h +0.012%

Price spread now: Kalshi against BingX+0.052%50s7-day average — · you sell dearer than you buy

Net, funding: paid 7d − costs−$40as 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−$280.279% of the position

Long on BingX Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days−0.117%−$12 on $10k

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 +$3 a day on $10k at the current rate, and Kalshi is 0.052% dearer against BingX than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.117%, so the current rate has only just turned in your favour. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX BNB-USDT	786.19	0.0054	pay 0.0054% / 8h	1h 46m	—	$22.3M	—
Short	Kalshi KXBNBPERP	786.60	0.0139	get 0.0139% / 8h	5h 46m	$170K	$2.7M	4.8x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against BingX. 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 BingXbpFee KalshibpOrdersPrice spread, now +0.052%Rate

Funding earned: $17.82
Price spread: +0.052% → 0.000%: $5.22
Slippage, 4 orders: −$7.88
Fee BingX: 5 bp × 2 orders: −$10
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$4.85
Costs to cover: 0.279%
Break-even: 8.9 days

Slippage from BingX: live order book, 7 min ago; Kalshi: live order book, 2 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 BingX live order book, 7 min ago	0.13 bp	5.1 bp −$5	5.7 bp −$57	11.9 bp −$1,194	27.5 bp −$13.7K
Sell Kalshi live order book, 2 min ago	3.81 bp	8.8 bp −$9	15.4 bp −$154	doesn't fit	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 −0.0170% / S +0.0337%	1h	785.95	−0.031%	$43K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	786.95	+0.097%	$4K	$42	25x	as long as short
StandX BNB-USD	0.0000%	1h	787.33	+0.145%	$849K	$2.9M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	786.02	−0.021%	$9.5M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.404%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0048%	8h	786.65	+0.059%	$6.1M	$19.0M	200x	as long as short
BingX BNB-USDTlong	+0.0054%	8h	786.19	long leg	—	$22.3M	—
MEXC BNB_USDT	+0.0067%	8h	787.10	+0.116%	$80.9M	$12.0M	200x	as long as short
Binance BNBUSDT	+0.0067%	8h	786.57	+0.048%	$490.0M	$816.2M	75x	as long as short
dYdX BNB-USD	+0.0068%	1h	786.47	+0.035%	$159K	$62K	10x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex BNBUSDT	+0.0075%	8h	786.93	+0.094%	$68.9M	$51.0M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0080%	1h	786.56	+0.047%	$568K	$1.9M	50x	as long as short
Lighter BNB	+0.0096%	1h	786.35	+0.020%	$2.7M	$3.8M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	786.12	−0.009%	$264K	$471K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	786.25	+0.008%	$1.4M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	786.42	+0.029%	$1.2M	$933K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	786.00	−0.024%	$138.3M	$75.2M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	785.90	−0.037%	$53.4M	$113.0M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	786.40	+0.027%	$52K	$129K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	786.05	−0.018%	$37.1M	$58.8M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	785.99	−0.025%	$27.6M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	786.11	−0.010%	$76.1M	$31.1M	75x	as long as short
Variational Omni BNB	+0.0100%	8h	786.52	+0.042%	$4.0M	$4.8M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	787.23	+0.132%	$4.1M	$75.9M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	787.07	+0.112%	$158K	$437K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	785.97	−0.028%	$131K	$949K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	786.29	+0.013%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	786.54	+0.044%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	786.50	+0.039%	$387K	$985K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	786.78	+0.076%	$8.0M	$10.1M	75x	as long as short
Paradex BNB-USD-PERP	+0.0101%	8h	786.84	+0.082%	$76K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	785.77	−0.053%	$1.8M	$6.2M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	786.17	−0.002%	$378K	$110K	10x	as long as short
Hyperliquid BNB	+0.0119%	1h	786.69	+0.064%	$51.5M	$17.6M	10x	as long as short
Phoenix BNB	+0.0135%	1h	787.01	+0.104%	$169K	$35K	10x	as long as short
Kalshi KXBNBPERPshort	+0.0139%	8h	786.60	+0.052%	$170K	$2.7M	4.8x
Backpack BNB_USDC_PERP	+0.0146%	1h	786.67	+0.061%	$2.2M	$6.1M	40x	as long as short
BloFin BNB-USDT	+0.0187%	8h	786.90	+0.090%	$17.7M	$2.2M	75x	as long as short
Kraken Futures PF_BNBUSD	+0.0206%	1h	785.97	−0.027%	$2.5M	$1.2M	50x	as long as short
GRVT BNB_USDT_Perp	+0.0226%	8h	787.27	+0.137%	$2.9M	$29.5M	10x	as long as short
01 Exchange BNBUSD	+0.0272%	1h	786.58	+0.050%	$28K	$4K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	786.50	+0.040%	$1.5M	$143K	25x	as long as short
Reya BNBRUSDPERP	+0.0322%	1h	785.86	−0.042%	$6K	$3K	40x	as long as short
Bulk BNB-USD	+0.0328%	1h	787.20	+0.129%	$638K	$4K	10x	as long as short
RISEx BNB/USDC	+0.0438%	1h	786.44	+0.032%	$1.1M	$909K	20x	as long as short
Hibachi BNB/USDT-P	+0.0552%	1h	786.67	+0.061%	$67K	$39K	12x	as long as short