Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: KuCoin against Derive−0.056%7-day average — · you buy dearer than you sell
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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.056% cheaper against Derive than usual: you would sell low and buy high, −$6 on $10k if it 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 | Derive BNB-PERP | 786.67 | 0.0100 | pay 0.0013% / 1h | 51m 13s | $31K | $12K | 10x |
| Short | KuCoin BNBUSDTM | 786.23 | 0.0100 | get 0.0100% / 8h | 51m 13s | $27.7M | $10.2M | 75x |
Derive BNB-PERP
KuCoin BNBUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Derive. 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: −0.056% → 0.000%
- −$5.57
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$23.57
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Derive: no order-book sample; KuCoin: live order book, 8 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 Derive no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 8 min ago | 0.76 bp | 8.7 bp −$9 | 15.6 bp −$156 | 45.0 bp −$4,501 | doesn't fit |
Derive: 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 | 786.52 | −0.019% | $43K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 786.81 | +0.018% | $4K | $42 | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0050% | 1h | 786.55 | −0.015% | $2.5M | $1.2M | 50x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 787.23 | +0.071% | $849K | $2.7M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 786.70 | +0.003% | $9.5M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.342% | $19K | $789K | 30x | as long as short |
| BingX BNB-USDT | +0.0045% | 8h | 786.71 | +0.005% | — | $22.4M | — | as long as short |
| Aster BNBUSDT | +0.0048% | 8h | 787.20 | +0.068% | $6.1M | $18.8M | 200x | as long as short |
| MEXC BNB_USDT | +0.0056% | 8h | 787.80 | +0.144% | $81.1M | $11.9M | 200x | as long as short |
| Binance BNBUSDT | +0.0056% | 8h | 787.09 | +0.054% | $489.1M | $821.3M | 75x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
Kraken Futures PF_BNBUSD
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
BingX BNB-USDT
Aster BNBUSDT
MEXC BNB_USDT
Binance BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX BNB-USD | +0.0063% | 1h | 786.61 | −0.007% | $159K | $62K | 10x | as long as short |
| Phemex BNBUSDT | +0.0078% | 8h | 787.26 | +0.075% | $68.8M | $51.4M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 786.64 | −0.003% | $2.7M | $3.8M | 20x | as long as short |
| Phoenix BNB | +0.0100% | 1h | 787.08 | +0.052% | $169K | $35K | 10x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 786.75 | +0.010% | $1.4M | $2.7M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 787.41 | +0.094% | $51.5M | $17.7M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 787.15 | +0.061% | $1.2M | $934K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 786.48 | −0.024% | $138.3M | $74.9M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 786.30 | −0.047% | $53.5M | $113.1M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 787.10 | +0.055% | $52K | $129K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 786.75 | +0.010% | $38.1M | $57.4M | 75x | as long as short |
| KuCoin BNBUSDTMshort | +0.0100% | 8h | 786.23 | −0.056% | $27.7M | $10.2M | 75x | |
| Bitget BNBUSDT | +0.0100% | 8h | 786.37 | −0.038% | $76.4M | $31.8M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 786.91 | +0.031% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 785.70 | −0.123% | $4.0M | $4.8M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 786.78 | +0.014% | $4.1M | $76.1M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 786.70 | +0.004% | $158K | $438K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 786.69 | +0.003% | $131K | $953K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 786.56 | −0.014% | $265K | $439K | 50x | as long as short |
| Derive BNB-PERPlong | +0.0100% | 1h | 786.67 | long leg | $31K | $12K | 10x | |
| SunX BNB-USDT | +0.0100% | 8h | 787.26 | +0.075% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 786.70 | +0.004% | $387K | $975K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 786.97 | +0.038% | $1.5M | $145K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 786.88 | +0.027% | $8.0M | $10.3M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 787.43 | +0.097% | $78K | $18K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 786.19 | −0.061% | $1.8M | $5.9M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 786.60 | −0.008% | $378K | $110K | 10x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0104% | 1h | 787.02 | +0.045% | $563K | $1.9M | 50x | as long as short |
| Kalshi KXBNBPERP | +0.0115% | 8h | 787.50 | +0.106% | $170K | $2.7M | 4.8x | as long as short |
| BloFin BNB-USDT | +0.0176% | 8h | 787.29 | +0.079% | $17.7M | $2.2M | 75x | as long as short |
| GRVT BNB_USDT_Perp | +0.0226% | 8h | 787.01 | +0.043% | $2.9M | $28.6M | 10x | as long as short |
| Bulk BNB-USD | +0.0230% | 1h | 786.88 | +0.027% | $638K | $831 | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0272% | 1h | 787.37 | +0.089% | $28K | $4K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0321% | 1h | 786.55 | −0.016% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0350% | 1h | 787.18 | +0.065% | $1.1M | $907K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0456% | 1h | 786.67 | +0.001% | $67K | $39K | 12x | as long as short |
dYdX BNB-USD
Phemex BNBUSDT
Lighter BNB
Phoenix BNB
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
SunX BNB-USDT
SoDEX BNB-USD
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Coinbase International BNB-PERP-INTX
Kalshi KXBNBPERP
BloFin BNB-USDT
GRVT BNB_USDT_Perp
Bulk BNB-USD
01 Exchange BNBUSD
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P