BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.32 per $10,000 · paid last 24h −0.002%

Price spread now: SunX against BingX+0.089%7-day average +0.058% · you sell dearer than you buy

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$570.565% of the position

Long on BingX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.040%+$4 on $10k

Price spread, last 3 days (all we have)−0.287%−$29 · spread now +0.089%, 7d avg +0.058%

Together, before fees−0.247%−$25 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 0.032% dearer against BingX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.058%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX BNB-USDT	802.61	0.0068	pay 0.0068% / 8h	2h 44m	—	$34.6M	—
Short	SunX BNB-USDT	803.33	0.0100	get 0.0100% / 8h	2h 44m	$13K	$1.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against BingX. 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 BingXbpFee SunXbpOrdersPrice spread, now +0.089%Rate

Funding earned: $6.72
Price spread: +0.089% → +0.058%: $3.17
Slippage, 4 orders: −$38.52
Fee BingX: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$46.63
Costs to cover: 0.565%
Break-even: 55.6 days

Slippage from BingX: live order book, 9 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 BingX live order book, 9 min ago	0.12 bp	6.0 bp −$6	6.7 bp −$67	11.6 bp −$1,163	25.7 bp −$12.9K
Sell SunX live order book, 10 min ago	15.07 bp	23.6 bp −$24	30.4 bp −$304	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 −0.0195% / S +0.0371%	1h	802.75	+0.018%	$48K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	803.10	+0.061%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	803.06	+0.056%	$3.0M	$30.0M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	803.30	+0.086%	$122K	$2.5M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	803.70	+0.136%	$869K	$3.0M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	802.78	+0.021%	$9.8M	—	150x	as long as short
Kraken Futures PF_BNBUSD	+0.0038%	1h	802.71	+0.012%	$2.5M	$910K	50x	as long as short
Variational Omni BNB	+0.0059%	8h	802.25	−0.044%	$4.1M	$5.3M	—	as long as short
BingX BNB-USDTlong	+0.0068%	8h	802.61	long leg	—	$34.6M	—
Aster BNBUSDT	+0.0086%	8h	803.30	+0.086%	$6.3M	$18.8M	200x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International BNB-PERP-INTX	+0.0088%	1h	803.99	+0.172%	$608K	$888K	50x	as long as short
Bybit BNBUSDT	+0.0089%	8h	802.00	−0.076%	$138.7M	$82.6M	75x	as long as short
Lighter BNB	+0.0096%	1h	802.79	+0.023%	$2.8M	$4.2M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	802.23	−0.048%	$1.4M	$2.8M	20x	as long as short
Pacifica BNB	+0.0100%	1h	802.76	+0.018%	$1.2M	$923K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	802.50	−0.014%	$54.9M	$115.0M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	802.80	+0.024%	$52K	$161K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	802.35	−0.032%	$35.9M	$58.3M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	802.39	−0.027%	$28.1M	$10.5M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	802.13	−0.060%	$78.9M	$24.5M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	803.30	+0.086%	$4.2M	$76.9M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	802.77	+0.020%	$158K	$437K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	802.58	−0.004%	$118K	$868K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	802.76	+0.019%	$388K	$593K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	802.91	+0.037%	$32K	$5K	10x	as long as short
SunX BNB-USDTshort	+0.0100%	8h	803.33	+0.089%	$13K	$1.7M	50x
SoDEX BNB-USD	+0.0100%	1h	802.80	+0.024%	$395K	$1.0M	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0100%	1h	803.24	+0.078%	$1.6M	$165K	25x	as long as short
HTX BNB-USDT	+0.0100%	8h	802.95	+0.042%	$8.2M	$7.4M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	803.27	+0.083%	$78K	$19K	50x	as long as short
MEXC BNB_USDT	+0.0102%	8h	803.60	+0.123%	$84.4M	$13.5M	200x	as long as short
Binance BNBUSDT	+0.0102%	8h	803.23	+0.077%	$518.1M	$803.6M	75x	as long as short
Extended BNB-USD	+0.0104%	1h	802.22	−0.048%	$1.9M	$6.1M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	803.02	+0.052%	$386K	$40K	10x	as long as short
Phemex BNBUSDT	+0.0119%	8h	803.35	+0.092%	$70.1M	$51.6M	50x	as long as short
Phoenix BNB	+0.0125%	1h	802.98	+0.046%	$173K	$35K	10x	as long as short
Hyperliquid BNB	+0.0156%	1h	803.18	+0.071%	$51.6M	$21.3M	10x	as long as short
Bulk BNB-USD	+0.0161%	1h	803.45	+0.105%	$649K	$11K	10x	as long as short
RISEx BNB/USDC	+0.0209%	1h	802.89	+0.034%	$1.1M	$1.4M	20x	as long as short
dYdX BNB-USD	+0.0222%	1h	803.00	+0.049%	$170K	$55K	10x	as long as short
BloFin BNB-USDT	+0.0222%	8h	803.39	+0.097%	$18.8M	$3.0M	75x	as long as short
Hibachi BNB/USDT-P	+0.0240%	1h	802.84	+0.029%	$71K	$48K	12x	as long as short
01 Exchange BNBUSD	+0.0312%	1h	803.36	+0.093%	$28K	$1K	10x	as long as short
Reya BNBRUSDPERP	+0.0335%	1h	802.37	−0.030%	$6K	$3K	40x	as long as short
Injective BNB/USDC PERP	+0.0353%	1h	804.92	+0.288%	$19K	$526K	30x	as long as short
Backpack BNB_USDC_PERP	+0.0697%	1h	803.77	+0.145%	$3.0M	$5.3M	40x	as long as short