Settings8H · net · $10k
Funding arb · Price arb /

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0156%/8h= +17.1% APRpaid last 24h +0.057%
Price spread now: 01 Exchange against Kalshi+0.034%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and 01 Exchange is 0.034% dearer against Kalshi than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXBNBPERP784.300.0140pay 0.0140% / 8h6h 25m$160K$2.7M4.8x
Short01 Exchange BNBUSD784.570.0296get 0.0037% / 1h25m 42s$28K$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Kalshi. 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
$32.72
Price spread: +0.034% → 0.000%
$3.44
Slippage, 4 orders
no order book: not counted
Fee Kalshi: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$19.16
Costs to cover
0.170%
Break-even
2.9 days
Slippage unknown: Kalshi: live order book, 3 min ago; 01 Exchange: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kalshi live order book, 3 min ago3.82 bp8.8 bp −$914.4 bp −$144doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0192% / S +0.0356%1h783.93−0.048%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h783.99−0.040%$4K$4225xas long as short
StandX BNB-USD0.0000%1h784.86+0.071%$846K$3.0M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h783.91−0.050%$9.5M150xas long as short
Aster BNBUSDT+0.0031%8h785.16+0.110%$6.1M$19.0M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.651%$19K$789K30xas long as short
BingX BNB-USDT+0.0042%8h784.54+0.031%$22.2Mas long as short
MEXC BNB_USDT+0.0054%8h785.10+0.102%$79.6M$11.9M200xas long as short
Phemex BNBUSDT+0.0055%8h784.43+0.017%$68.6M$50.5M50xas long as short
Binance BNBUSDT+0.0056%8h785.20+0.115%$489.1M$810.7M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BNBUSD+0.0069%1h783.85−0.058%$2.5M$1.2M50xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h783.79−0.065%$567K$1.9M50xas long as short
Lighter BNB+0.0096%1h784.61+0.039%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h784.08−0.028%$264K$489K50xas long as short
Nado BNB-PERP+0.0100%1h783.55−0.096%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h784.94+0.082%$51.4M$17.6M10xas long as short
Pacifica BNB+0.0100%1h783.90−0.051%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h784.61+0.040%$137.8M$74.6M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h784.60+0.038%$53.3M$112.2M50xas long as short
Arcus BNB-USD+0.0100%1h784.10−0.026%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h784.25−0.006%$36.4M$58.8M75xas long as short
KuCoin BNBUSDTM+0.0100%8h783.53−0.098%$27.6M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h784.09−0.027%$75.9M$30.9M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h784.38+0.010%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h783.72−0.074%$4.0M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h785.32+0.130%$4.1M$75.1M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h785.72+0.181%$158K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h783.72−0.074%$131K$954K10xas long as short
Derive BNB-PERP+0.0100%1h784.15−0.019%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h784.23−0.009%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h784.10−0.026%$386K$993K10xas long as short
HTX BNB-USDT+0.0100%8h783.75−0.070%$8.0M$10.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h784.19−0.014%$76K$17K50xas long as short
Extended BNB-USD+0.0104%1h783.83−0.060%$1.8M$6.2M50xas long as short
Aevo BNB-PERP+0.0104%1h784.08−0.028%$377K$110K10xas long as short
Phoenix BNB+0.0107%1h785.13+0.106%$169K$35K10xas long as short
Kalshi KXBNBPERPlong+0.0140%8h784.30long leg$160K$2.7M4.8x
dYdX BNB-USD+0.0169%1h784.37+0.009%$159K$62K10xas long as short
BloFin BNB-USDT+0.0174%8h784.07−0.029%$17.6M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0208%8h785.52+0.156%$2.9M$29.3M10xas long as short
01 Exchange BNBUSDshort+0.0296%1h784.57+0.034%$28K$4K10x
Bulk BNB-USD+0.0298%1h785.69+0.177%$637K$4K10xas long as short
Reya BNBRUSDPERP+0.0323%1h783.56−0.094%$6K$3K40xas long as short
Deribit BNB_USDC-PERPETUAL+0.0400%1h784.46+0.020%$1.5M$143K25xas long as short
RISEx BNB/USDC+0.0432%1h784.26−0.005%$1.1M$905K20xas long as short
Hibachi BNB/USDT-P+0.0504%1h783.85−0.057%$67K$39K12xas long as short