BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0025%/8h= +2.8% APRnext payment +$0.25 per $10,000 · paid last 24h −0.002%

Price spread now: SunX against Binance−0.017%7-day average −0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$550.551% of the position

Long on Binance Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.060%+$6 on $10k

Price spread, last 3 days (all we have)−0.065%−$7 · spread now −0.017%, 7d avg −0.006%

Together, before fees−0.005%$0 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.006%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BNBUSDT	799.88	0.0075	pay 0.0075% / 8h	7h 15m	$496.6M	$811.1M	75x
Short	SunX BNB-USDT	799.75	0.0100	get 0.0100% / 8h	7h 15m	$13K	$1.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee SunXbpOrdersPrice spread, now −0.017%Rate

Funding earned: $5.33
Price spread: −0.017% → −0.006%: −$1.05
Slippage, 4 orders: −$37.11
Fee Binance: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$50.83
Costs to cover: 0.551%
Break-even: 73.8 days

Slippage from Binance: live order book, 14 min ago; SunX: live order book, 10 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 Binance live order book, 14 min ago	0.06 bp	5.1 bp −$5	6.5 bp −$65	16.6 bp −$1,656	doesn't fit
Sell SunX live order book, 10 min ago	15.07 bp	23.3 bp −$23	30.9 bp −$309	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 −0.0159% / S +0.0335%	1h	799.22	−0.083%	$47K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0121%	1h	799.20	−0.086%	$2.5M	$1.0M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	799.55	−0.041%	$4K	$239	25x	as long as short
Gate BNB_USDT	−0.0002%	8h	798.95	−0.116%	$35.9M	$56.9M	75x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	798.67	−0.152%	$3.0M	$27.9M	10x	as long as short
StandX BNB-USD	0.0000%	1h	799.64	−0.030%	$864K	$2.9M	30x	as long as short
Variational Omni BNB	+0.0005%	8h	798.43	−0.182%	$4.1M	$5.0M	—	as long as short
BingX BNB-USDT	+0.0007%	8h	799.36	−0.065%	—	$35.0M	—	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	799.28	−0.075%	$9.7M	—	150x	as long as short
Phemex BNBUSDT	+0.0026%	8h	799.88	0.000%	$69.8M	$50.2M	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+0.651%	$19K	$789K	30x	as long as short
Bybit BNBUSDT	+0.0037%	8h	799.06	−0.103%	$138.7M	$76.2M	75x	as long as short
Coinbase International BNB-PERP-INTX	+0.0048%	1h	799.07	−0.101%	$615K	$1.1M	50x	as long as short
Aster BNBUSDT	+0.0052%	8h	799.81	−0.009%	$6.2M	$19.4M	200x	as long as short
MEXC BNB_USDT	+0.0074%	8h	800.20	+0.040%	$83.2M	$13.7M	200x	as long as short
Binance BNBUSDTlong	+0.0075%	8h	799.88	long leg	$496.6M	$811.1M	75x
Lighter BNB	+0.0096%	1h	799.50	−0.048%	$2.8M	$4.0M	20x	as long as short
Phoenix BNB	+0.0099%	1h	798.98	−0.113%	$172K	$36K	10x	as long as short
Nado BNB-PERP	+0.0100%	1h	798.50	−0.173%	$1.5M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	799.21	−0.084%	$1.2M	$937K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	799.20	−0.085%	$54.2M	$111.0M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	799.20	−0.085%	$53K	$133K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	799.13	−0.094%	$27.9M	$10.0M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	798.88	−0.125%	$78.2M	$28.1M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	798.56	−0.165%	$4.2M	$76.8M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	798.57	−0.164%	$161K	$435K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	799.11	−0.096%	$113K	$884K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	799.26	−0.078%	$386K	$459K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	799.39	−0.061%	$32K	$5K	10x	as long as short
SunX BNB-USDTshort	+0.0100%	8h	799.75	−0.017%	$13K	$1.6M	50x
SoDEX BNB-USD	+0.0100%	1h	799.40	−0.060%	$393K	$996K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	798.63	−0.156%	$8.2M	$8.3M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	799.81	−0.008%	$78K	$18K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	798.92	−0.119%	$1.8M	$6.0M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	799.33	−0.069%	$384K	$110K	10x	as long as short
Bulk BNB-USD	+0.0138%	1h	797.80	−0.260%	$648K	$10K	10x	as long as short
RISEx BNB/USDC	+0.0155%	1h	799.17	−0.089%	$1.1M	$1.4M	20x	as long as short
Kalshi KXBNBPERP	+0.0159%	8h	799.60	−0.035%	$90K	$2.8M	4.8x	as long as short
BloFin BNB-USDT	+0.0195%	8h	799.65	−0.029%	$18.1M	$2.6M	75x	as long as short
dYdX BNB-USD	+0.0196%	1h	798.51	−0.171%	$161K	$63K	10x	as long as short
01 Exchange BNBUSD	+0.0200%	1h	799.33	−0.069%	$28K	$1K	10x	as long as short
Hibachi BNB/USDT-P	+0.0288%	1h	798.98	−0.112%	$68K	$38K	12x	as long as short
Hyperliquid BNB	+0.0293%	1h	799.99	+0.014%	$53.2M	$20.3M	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	799.75	−0.016%	$1.6M	$161K	25x	as long as short
Reya BNBRUSDPERP	+0.0330%	1h	798.81	−0.134%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0428%	1h	800.06	+0.023%	$2.7M	$5.7M	40x	as long as short