Funding you earn now, next payment 04:00 UTC−0.0164%/8h= −17.9% APRpaid last 24h −0.005%
Price spread now: HTX against Kraken Futures+0.041%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$440.443% of the position
Funding, last 7 days+0.094%+$9 on $10k
+Price spread, last 4 days (all we have)−0.079%−$8 · spread now +0.041%, 7d avg −0.006%
=The price spread pays, funding is against you. HTX is 0.047% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.041% now, against its 7-day average of −0.006%): +$5 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 23 hours. Mind the row above: over the last 7 days funding on this pair paid +0.094%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_BNBUSD | 788.40 | 0.0264 | pay 0.0033% / 1h | 36m 03s | $2.5M | $1.2M | 50x |
| Short | HTX BNB-USDT | 788.72 | 0.0100 | get 0.0100% / 8h | 4h 36m | $8.1M | $9.4M | 75x |
Kraken Futures PF_BNBUSD
HTX BNB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Kraken Futures. 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
- −$34.36
- Price spread: +0.041% → −0.006%
- $4.7
- Slippage, 4 orders
- −$22.26
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$73.91
- Costs to cover
- 0.443%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 3 min ago; HTX: 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 Kraken Futures live order book, 3 min ago | 4.49 bp | 12.7 bp −$13 | 14.5 bp −$145 | 33.2 bp −$3,319 | 112.5 bp −$56.2K |
| Sell HTX live order book, 3 min ago | 3.21 bp | 9.2 bp −$9 | 13.7 bp −$137 | 47.5 bp −$4,754 | 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 −0.0185% / S +0.0350% | 1h | 788.44 | +0.005% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 789.05 | +0.082% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 789.92 | +0.193% | $854K | $3.2M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 788.31 | −0.011% | $9.5M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.117% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0040% | 8h | 789.03 | +0.080% | $6.1M | $18.7M | 200x | as long as short |
| BingX BNB-USDC | +0.0054% | 8h | 788.96 | +0.071% | — | $13.4M | — | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0064% | 1h | 789.45 | +0.133% | $582K | $1.9M | 50x | as long as short |
| MEXC BNB_USDT | +0.0065% | 8h | 789.10 | +0.089% | $80.1M | $12.3M | 200x | as long as short |
| Binance BNBUSDT | +0.0066% | 8h | 789.29 | +0.113% | $492.6M | $789.2M | 75x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
Aster BNBUSDT
BingX BNB-USDC
Coinbase International BNB-PERP-INTX
MEXC BNB_USDT
Binance BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex BNBUSDT | +0.0067% | 8h | 789.06 | +0.084% | $69.1M | $49.9M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 788.84 | +0.056% | $2.7M | $3.8M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 788.48 | +0.010% | $265K | $492K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 788.25 | −0.019% | $1.5M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 789.33 | +0.118% | $51.8M | $17.5M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 789.03 | +0.080% | $1.2M | $931K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 788.51 | +0.014% | $138.7M | $74.7M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 788.60 | +0.025% | $53.3M | $111.1M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 789.10 | +0.089% | $52K | $130K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 788.65 | +0.032% | $35.3M | $56.8M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 788.34 | −0.008% | $27.6M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 788.38 | −0.003% | $76.3M | $30.1M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 789.19 | +0.100% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 788.01 | −0.049% | $4.1M | $4.6M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 789.70 | +0.164% | $4.1M | $73.6M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 789.35 | +0.120% | $159K | $440K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 788.40 | 0.000% | $133K | $950K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 788.56 | +0.020% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 789.04 | +0.082% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 788.60 | +0.025% | $388K | $1.0M | 10x | as long as short |
| HTX BNB-USDTshort | +0.0100% | 8h | 788.72 | +0.041% | $8.1M | $9.4M | 75x | |
| Paradex BNB-USD-PERP | +0.0101% | 8h | 789.41 | +0.128% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 787.95 | −0.057% | $1.8M | $5.9M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 788.51 | +0.014% | $379K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0117% | 1h | 789.39 | +0.126% | $170K | $35K | 10x | as long as short |
| dYdX BNB-USD | +0.0128% | 1h | 789.05 | +0.082% | $160K | $64K | 10x | as long as short |
| GRVT BNB_USDT_Perp | +0.0137% | 8h | 789.99 | +0.202% | $2.9M | $28.2M | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0180% | 8h | 789.90 | +0.190% | $124K | $2.7M | 4.8x | as long as short |
| BloFin BNB-USDT | +0.0186% | 8h | 789.67 | +0.161% | $18.1M | $2.2M | 75x | as long as short |
| 01 Exchange BNBUSD | +0.0224% | 1h | 789.05 | +0.082% | $28K | $4K | 10x | as long as short |
| Kraken Futures PF_BNBUSDlong | +0.0264% | 1h | 788.40 | long leg | $2.5M | $1.2M | 50x | |
| Bulk BNB-USD | +0.0272% | 1h | 789.78 | +0.175% | $640K | $9K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 788.85 | +0.058% | $1.5M | $143K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0326% | 1h | 788.10 | −0.038% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0461% | 1h | 788.94 | +0.068% | $1.1M | $973K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0464% | 1h | 789.31 | +0.115% | $67K | $38K | 12x | as long as short |
Phemex BNBUSDT
Lighter BNB
Orderly PERP_BNB_USDC
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
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
dYdX BNB-USD
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
BloFin BNB-USDT
01 Exchange BNBUSD
Bulk BNB-USD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P