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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.46 per $10,000 · paid last 24h −0.001%
Price spread now: SunX against Aster+0.161%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$550.546% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.079%+$8 on $10k
Price spread, last 3 days (all we have)−0.232%−$23 · spread now +0.161%, 7d avg −0.007%
Together, before fees−0.153%+ Points / potential airdropAster: Stage 5 · farm board−$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and SunX is 0.168% dearer against Aster than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BNBUSDT797.540.0054pay 0.0054% / 8h7h 18m$6.1M$19.4M200x
ShortSunX BNB-USDT798.830.0100get 0.0100% / 8h7h 18m$13K$1.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Aster. 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
$9.65
Price spread: +0.161% → −0.007%
$16.77
Slippage, 4 orders
−$38.55
Fee Aster: 4 bp × 2 orders
−$8
Fee SunX: 4 bp × 2 orders
−$8
Net
−$28.13
Costs to cover
0.546%
Break-even
27.4 days
Slippage from Aster: live order book, 5 min ago; SunX: live order book, 6 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 Aster live order book, 5 min ago0.69 bp4.7 bp −$55.4 bp −$5416.8 bp −$1,683doesn't fit
Sell SunX live order book, 6 min ago15.07 bp23.3 bp −$2330.9 bp −$309doesn't fitdoesn't fit

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 −0.0159% / S +0.0335%1h798.43+0.111%$47K200xas long as short
Kraken Futures PF_BNBUSD−0.0121%1h797.53−0.002%$2.5M$1.0M50xas long as short
Hotstuff BNB-PERP−0.0080%1h798.74+0.150%$4K$23925xas long as short
Gate BNB_USDT−0.0010%8h796.85−0.087%$35.8M$56.8M75xas long as short
BingX BNB-USDT−0.0007%8h797.14−0.051%$35.0Mas long as short
GRVT BNB_USDT_Perp0.0000%8h798.85+0.164%$3.0M$27.9M10xas long as short
StandX BNB-USD0.0000%1h798.95+0.176%$863K$2.9M30xas long as short
Variational Omni BNB+0.0004%8h797.72+0.022%$4.1M$5.0Mas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h798.37+0.104%$9.7M150xas long as short
Bybit BNBUSDT+0.0009%8h796.84−0.088%$138.4M$76.3M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0016%8h798.03+0.061%$69.7M$50.2M50xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+0.946%$19K$789K30xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h799.07+0.191%$615K$1.1M50xas long as short
Aster BNBUSDTlong+0.0054%8h797.54long leg$6.1M$19.4M200x
MEXC BNB_USDT+0.0076%8h798.00+0.057%$83.0M$13.7M200xas long as short
Binance BNBUSDT+0.0076%8h797.47−0.009%$495.1M$811.6M75xas long as short
Lighter BNB+0.0096%1h797.62+0.009%$2.8M$4.0M20xas long as short
Phoenix BNB+0.0099%1h799.13+0.199%$172K$36K10xas long as short
Nado BNB-PERP+0.0100%1h798.10+0.070%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h798.53+0.124%$1.2M$937K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h796.90−0.081%$54.1M$110.8M50xas long as short
Arcus BNB-USD+0.0100%1h798.60+0.132%$53K$133K10xas long as short
KuCoin BNBUSDTM+0.0100%8h797.02−0.066%$27.9M$10.0M75xas long as short
Bitget BNBUSDT+0.0100%8h796.61−0.117%$78.0M$28.1M75xas long as short
edgeX BNBUSDC+0.0100%4h798.91+0.171%$4.2M$76.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h798.95+0.176%$161K$435K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h798.38+0.105%$113K$884K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h798.08+0.067%$386K$459K50xas long as short
Derive BNB-PERP+0.0100%1h798.19+0.081%$32K$5K10xas long as short
SunX BNB-USDTshort+0.0100%8h798.83+0.161%$13K$1.7M50x
SoDEX BNB-USD+0.0100%1h797.70+0.020%$392K$997K10xas long as short
HTX BNB-USDT+0.0100%8h797.02−0.066%$8.2M$8.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h798.96+0.177%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h796.53−0.127%$1.8M$6.0M50xas long as short
Aevo BNB-PERP+0.0104%1h798.12+0.073%$383K$110K10xas long as short
Bulk BNB-USD+0.0127%1h799.28+0.217%$649K$10K10xas long as short
RISEx BNB/USDC+0.0155%1h798.40+0.108%$1.1M$1.4M20xas long as short
Kalshi KXBNBPERP+0.0156%8h798.70+0.145%$90K$2.8M4.8xas long as short
BloFin BNB-USDT+0.0196%8h798.72+0.148%$18.1M$2.6M75xas long as short
01 Exchange BNBUSD+0.0200%1h798.86+0.165%$28K$1K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h798.23+0.087%$1.6M$161K25xas long as short
dYdX BNB-USD+0.0200%1h798.40+0.108%$161K$63K10xas long as short
Hibachi BNB/USDT-P+0.0272%1h798.92+0.172%$68K$38K12xas long as short
Hyperliquid BNB+0.0296%1h798.09+0.069%$53.0M$20.3M10xas long as short
Reya BNBRUSDPERP+0.0330%1h798.16+0.077%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0420%1h798.50+0.120%$2.7M$5.7M40xas long as short