Funding you earn now, next payment 04:00 UTC+0.0075%/8h= +8.2% APRnext payment +$0.75 per $10,000 · paid last 24h −0.001%
Price spread now: Kalshi against OKX+0.089%52s7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$280.281% of the position
Funding, last 7 days−0.131%−$13 on $10k
+Price spread, last 7 days−0.063%−$6 · spread now +0.089%, 7d avg +0.047%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Kalshi is 0.042% dearer against OKX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.047%. Mind the row above: over the last 7 days funding on this pair cost −0.131%, so the current rate has only just turned in your favour. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BNB-USDT-SWAP | 788.90 | 0.0100 | pay 0.0100% / 8h | 4h 12m | $53.4M | $111.3M | 50x |
| Short | Kalshi KXBNBPERP | 789.60 | 0.0175 | get 0.0175% / 8h | 12m 18s | $126K | $2.7M | 4.8x |
OKX BNB-USDT-SWAP
Kalshi KXBNBPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against OKX. 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
- $15.74
- Price spread: +0.089% → +0.047%
- $4.16
- Slippage, 4 orders
- −$8.07
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$8.17
- Costs to cover
- 0.281%
- Break-even
- 10.6 days
Slippage from OKX: live order book, 2 min ago; Kalshi: live order book, 1 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 OKX live order book, 2 min ago | 0.63 bp | 5.6 bp −$6 | 7.7 bp −$77 | 20.9 bp −$2,094 | doesn't fit |
| Sell Kalshi live order book, 1 min ago | 3.17 bp | 8.2 bp −$8 | 14.2 bp −$142 | 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 −0.0188% / S +0.0353% | 1h | 788.95 | +0.006% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 789.30 | +0.051% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 789.27 | +0.047% | $851K | $3.2M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 788.96 | +0.008% | $9.5M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.052% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0036% | 8h | 789.55 | +0.082% | $6.1M | $18.7M | 200x | as long as short |
| BingX BNB-USDT | +0.0049% | 8h | 789.13 | +0.029% | — | $34.4M | — | as long as short |
| Phemex BNBUSDT | +0.0053% | 8h | 789.65 | +0.095% | $69.1M | $50.0M | 50x | as long as short |
| MEXC BNB_USDT | +0.0059% | 8h | 789.80 | +0.114% | $80.1M | $12.4M | 200x | as long as short |
| Binance BNBUSDT | +0.0059% | 8h | 789.58 | +0.086% | $492.7M | $789.7M | 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-USDT
Phemex BNBUSDT
MEXC BNB_USDT
Binance BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BNB-PERP-INTX | +0.0064% | 1h | 789.45 | +0.070% | $582K | $1.9M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 789.13 | +0.030% | $2.7M | $3.9M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 789.04 | +0.018% | $265K | $492K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 788.80 | −0.013% | $1.5M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 789.56 | +0.084% | $51.8M | $17.6M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 789.12 | +0.028% | $1.2M | $931K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 788.82 | −0.010% | $138.8M | $74.1M | 75x | as long as short |
| OKX BNB-USDT-SWAPlong | +0.0100% | 8h | 788.90 | long leg | $53.4M | $111.3M | 50x | |
| Arcus BNB-USD | +0.0100% | 1h | 789.20 | +0.038% | $52K | $130K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 789.00 | +0.013% | $35.5M | $57.5M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 788.79 | −0.014% | $28.1M | $10.4M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 788.74 | −0.020% | $76.3M | $30.2M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 789.49 | +0.075% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 788.31 | −0.075% | $4.1M | $4.6M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 789.25 | +0.044% | $4.1M | $73.4M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 789.32 | +0.053% | $159K | $440K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 788.76 | −0.018% | $133K | $950K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 789.15 | +0.032% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 789.55 | +0.083% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 789.30 | +0.051% | $388K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 788.63 | −0.034% | $8.1M | $9.5M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0101% | 8h | 789.33 | +0.055% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 788.58 | −0.040% | $1.8M | $5.9M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 789.03 | +0.017% | $379K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0117% | 1h | 789.14 | +0.030% | $170K | $35K | 10x | as long as short |
| dYdX BNB-USD | +0.0118% | 1h | 788.65 | −0.031% | $160K | $64K | 10x | as long as short |
| GRVT BNB_USDT_Perp | +0.0152% | 8h | 789.61 | +0.090% | $2.9M | $28.6M | 10x | as long as short |
| Kalshi KXBNBPERPshort | +0.0175% | 8h | 789.60 | +0.089% | $126K | $2.7M | 4.8x | |
| BloFin BNB-USDT | +0.0180% | 8h | 789.48 | +0.074% | $18.1M | $2.2M | 75x | as long as short |
| Bulk BNB-USD | +0.0216% | 1h | 789.05 | +0.019% | $639K | $9K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0232% | 1h | 789.47 | +0.072% | $28K | $4K | 10x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0263% | 1h | 789.04 | +0.018% | $2.5M | $1.2M | 50x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 789.50 | +0.076% | $1.5M | $143K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0326% | 1h | 788.65 | −0.032% | $6K | $3K | 40x | as long as short |
| Hibachi BNB/USDT-P | +0.0376% | 1h | 789.34 | +0.056% | $67K | $38K | 12x | as long as short |
| RISEx BNB/USDC | +0.0461% | 1h | 789.26 | +0.046% | $1.1M | $967K | 20x | as long as short |
Coinbase International BNB-PERP-INTX
Lighter BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
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
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
dYdX BNB-USD
GRVT BNB_USDT_Perp
BloFin BNB-USDT
Bulk BNB-USD
01 Exchange BNBUSD
Kraken Futures PF_BNBUSD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
Hibachi BNB/USDT-P
RISEx BNB/USDC