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

BNB

all BNB markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 06:00 UTC−0.0018%/8h= −2.0% APRpaid last 24h 0.000%
Price spread now: MEXC against Kraken Futures+0.138%7-day average +0.179% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$300.301% of the position
Long on Kraken FuturesShort on MEXC
What this pair did over the last
the charts below follow
Funding, last 7 days+0.033%+$3 on $10k
Price spread, last 4 days (all we have)+0.201%+$20 · spread now +0.138%, 7d avg +0.179%
Together, before fees+0.235%+$23 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.041% cheaper against Kraken Futures than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.179%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_BNBUSD787.410.0069pay 0.0009% / 1h48m 15s$2.5M$1.2M50x
ShortMEXC BNB_USDT788.500.0051get 0.0051% / 8h2h 48m$79.9M$11.8M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$3.8
Price spread: +0.138% → +0.179%
−$4.13
Slippage, 4 orders
−$16.14
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$38.06
Costs to cover
0.301%
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 5 min ago; MEXC: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 5 min ago4.06 bp10.0 bp −$1013.8 bp −$13833.5 bp −$3,34794.3 bp −$47.1K
Sell MEXC live order book, 1 min ago0.63 bp3.7 bp −$46.3 bp −$6316.9 bp −$1,69332.6 bp −$16.3K

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%1h787.49+0.009%$46K—200xas long as short
Hotstuff BNB-PERP−0.0080%1h787.53+0.015%$4K$4225xas long as short
StandX BNB-USD0.0000%1h788.28+0.110%$850K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h787.50+0.011%$9.5M—150xas long as short
Aster BNBUSDT+0.0029%8h788.04+0.079%$6.1M$19.0M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.245%$19K$789K30xas long as short
BingX BNB-USDT+0.0039%8h787.84+0.054%—$22.1M—as long as short
MEXC BNB_USDTshort+0.0051%8h788.50+0.138%$79.9M$11.8M200x
Binance BNBUSDT+0.0051%8h788.03+0.078%$490.9M$804.4M75xas long as short
Phemex BNBUSDT+0.0052%8h787.98+0.072%$68.9M$50.7M50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BNBUSDlong+0.0069%1h787.41long leg$2.5M$1.2M50x
dYdX BNB-USD+0.0077%1h787.06−0.045%$159K$61K10xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h787.46+0.006%$578K$1.9M50xas long as short
Lighter BNB+0.0096%1h787.61+0.024%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.49+0.010%$265K$490K50xas long as short
Nado BNB-PERP+0.0100%1h787.65+0.030%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h788.06+0.082%$51.7M$17.4M10xas long as short
Pacifica BNB+0.0100%1h787.74+0.042%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h787.31−0.013%$138.3M$74.2M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h787.20−0.027%$53.5M$111.8M50xas long as short
Arcus BNB-USD+0.0100%1h787.90+0.062%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h787.60+0.024%$36.2M$57.9M75xas long as short
KuCoin BNBUSDTM+0.0100%8h787.50+0.011%$27.6M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h787.29−0.016%$76.2M$30.7M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h787.69+0.035%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h787.11−0.038%$4.1M$4.6M—as long as short
edgeX BNBUSDC+0.0100%4h787.81+0.051%$4.1M$74.6M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h787.86+0.057%$159K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h787.57+0.020%$132K$953K10xas long as short
Derive BNB-PERP+0.0100%1h787.65+0.030%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h788.35+0.119%$12K$1.5M50xas long as short
HTX BNB-USDT+0.0100%8h787.29−0.016%$8.1M$9.8M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h787.84+0.054%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h787.24−0.022%$1.8M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h787.47+0.007%$378K$110K10xas long as short
Phoenix BNB+0.0107%1h787.34−0.009%$169K$35K10xas long as short
SoDEX BNB-USD+0.0122%1h787.50+0.011%$387K$997K10xas long as short
Kalshi KXBNBPERP+0.0137%8h788.00+0.074%$122K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0171%8h787.95+0.068%$17.7M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0198%8h788.06+0.082%$2.9M$29.2M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h787.87+0.059%$1.5M$143K25xas long as short
Bulk BNB-USD+0.0260%1h788.17+0.096%$639K$10K10xas long as short
01 Exchange BNBUSD+0.0312%1h788.36+0.120%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0324%1h787.30−0.014%$6K$3K40xas long as short
RISEx BNB/USDC+0.0432%1h788.01+0.076%$1.1M$908K20xas long as short
Hibachi BNB/USDT-P+0.0448%1h787.74+0.041%$67K$39K12xas long as short