Funding you earn now, next payment 08:00 UTC−0.0001%/8h= −0.2% APRpaid last 24h −0.002%
Price spread now: Kalshi against Extended+0.244%7-day average +0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$350.346% of the position
Funding, last 7 days−0.144%−$14 on $10k
+Price spread, last 7 days−0.219%−$22 · spread now +0.244%, 7d avg +0.081%
=Together, before fees−0.364%+ Points / potential airdropExtended: Active · farm board−$36 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: Kalshi is 0.163% dearer against Extended than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.081%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended BNB-USD | 783.39 | 0.0104 | pay 0.0013% / 1h | 25m 10s | $1.8M | $5.8M | 50x |
| Short | Kalshi KXBNBPERP | 785.30 | 0.0103 | get 0.0103% / 8h | 4h 25m | $171K | $2.7M | 4.8x |
Extended BNB-USD
Kalshi KXBNBPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against Extended. 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
- −$0.3
- Price spread: +0.244% → +0.081%
- $16.25
- Slippage, 4 orders
- −$19.62
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$18.67
- Costs to cover
- 0.346%
- Break-even
- never at this rate
Slippage from Extended: live order book, 4 min ago; Kalshi: live order book, 3 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 Extended live order book, 4 min ago | 0.06 bp | 3.4 bp −$3 | 4.8 bp −$48 | doesn't fit | doesn't fit |
| Sell Kalshi live order book, 3 min ago | 0.64 bp | 22.1 bp −$22 | 27.4 bp −$274 | 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 −0.0168% / S +0.0337% | 1h | 783.97 | +0.074% | $43K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 784.36 | +0.124% | $4K | $42 | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0050% | 1h | 783.87 | +0.062% | $2.5M | $1.2M | 50x | as long as short |
| Variational Omni BNB | 0.0000% | 8h | 783.51 | +0.015% | $4.0M | $4.7M | — | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 784.90 | +0.193% | $846K | $2.7M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 783.92 | +0.068% | $9.4M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.770% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0036% | 8h | 784.31 | +0.117% | $6.0M | $18.7M | 200x | as long as short |
| BingX BNB-USDC | +0.0040% | 8h | 783.94 | +0.070% | — | $13.4M | — | as long as short |
| MEXC BNB_USDT | +0.0049% | 8h | 785.00 | +0.206% | $80.7M | $12.0M | 200x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
Kraken Futures PF_BNBUSD
Variational Omni BNB
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
Aster BNBUSDT
BingX BNB-USDC
MEXC BNB_USDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNBUSDT | +0.0049% | 8h | 784.42 | +0.131% | $487.2M | $819.1M | 75x | as long as short |
| Phemex BNBUSDT | +0.0077% | 8h | 784.46 | +0.137% | $68.5M | $51.3M | 50x | as long as short |
| dYdX BNB-USD | +0.0087% | 1h | 784.24 | +0.109% | $159K | $62K | 10x | as long as short |
| Lighter BNB | +0.0096% | 1h | 783.96 | +0.073% | $2.7M | $3.8M | 20x | as long as short |
| Phoenix BNB | +0.0100% | 1h | 785.24 | +0.236% | $163K | $35K | 10x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 783.60 | +0.027% | $1.3M | $2.7M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 784.45 | +0.136% | $51.3M | $17.7M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 784.10 | +0.091% | $1.2M | $937K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 783.60 | +0.027% | $138.0M | $74.2M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 783.70 | +0.040% | $53.3M | $112.4M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 784.00 | +0.078% | $52K | $129K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 783.85 | +0.059% | $38.4M | $57.9M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 783.58 | +0.024% | $27.6M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 783.43 | +0.005% | $75.3M | $32.3M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 784.26 | +0.111% | $2.2M | $6.1M | 40x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 785.11 | +0.219% | $4.1M | $76.2M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 785.72 | +0.298% | $158K | $436K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 783.76 | +0.047% | $131K | $944K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 783.90 | +0.065% | $263K | $405K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 783.91 | +0.066% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 784.53 | +0.146% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 784.00 | +0.078% | $385K | $970K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 784.01 | +0.080% | $8.0M | $10.4M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 784.34 | +0.121% | $78K | $17K | 50x | as long as short |
| Kalshi KXBNBPERPshort | +0.0103% | 8h | 785.30 | +0.244% | $171K | $2.7M | 4.8x | |
| Extended BNB-USDlong | +0.0104% | 1h | 783.39 | long leg | $1.8M | $5.8M | 50x | |
| Aevo BNB-PERP | +0.0104% | 1h | 783.84 | +0.057% | $377K | $110K | 10x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0104% | 1h | 783.94 | +0.070% | $548K | $1.9M | 50x | as long as short |
| BloFin BNB-USDT | +0.0169% | 8h | 784.58 | +0.152% | $17.7M | $2.2M | 75x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 784.25 | +0.110% | $1.5M | $141K | 25x | as long as short |
| Bulk BNB-USD | +0.0208% | 1h | 785.53 | +0.273% | $637K | $831 | 10x | as long as short |
| GRVT BNB_USDT_Perp | +0.0219% | 8h | 785.10 | +0.218% | $2.9M | $28.6M | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0248% | 1h | 784.43 | +0.133% | $28K | $4K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0320% | 1h | 783.48 | +0.012% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0350% | 1h | 784.10 | +0.091% | $1.1M | $905K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0464% | 1h | 784.33 | +0.120% | $67K | $39K | 12x | as long as short |
Binance BNBUSDT
Phemex BNBUSDT
dYdX BNB-USD
Lighter BNB
Phoenix 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
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Aevo BNB-PERP
Coinbase International BNB-PERP-INTX
BloFin BNB-USDT
Deribit BNB_USDC-PERPETUAL
Bulk BNB-USD
GRVT BNB_USDT_Perp
01 Exchange BNBUSD
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P