BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0035%/8h= −3.8% APRnext payment −$0.35 per $10,000 · paid last 24h −0.033%

Price spread now: SunX against BloFin−0.006%7-day average −0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$74as in the Funding arb table

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$570.573% of the position

Long on BloFin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.171%−$17 on $10k

Price spread, last 4 days (all we have)−0.006%−$1 · spread now −0.006%, 7d avg −0.010%

Together, before fees−0.176%−$18 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.010%, 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	BloFin BNB-USDT	788.23	0.0135	pay 0.0135% / 8h	7h 13m	$17.8M	$2.3M	75x
Short	SunX BNB-USDT	788.18	0.0100	get 0.0100% / 8h	7h 13m	$12K	$1.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against BloFin. 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 BloFinbpFee SunXbpOrdersPrice spread, now −0.006%Rate

Funding earned: −$7.36
Price spread: −0.006% → −0.010%: $0.38
Slippage, 4 orders: −$37.3
Fee BloFin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$64.28
Costs to cover: 0.573%
Break-even: never at this rate

Slippage from BloFin: live order book, 6 min ago; SunX: live order book, 12 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 BloFin live order book, 6 min ago	0.06 bp	6.1 bp −$6	6.7 bp −$67	12.7 bp −$1,274	doesn't fit
Sell SunX live order book, 12 min ago	15.06 bp	23.3 bp −$23	30.7 bp −$307	doesn't fit	doesn't fit

BNB on 45 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 −0.0166% / S +0.0336%	1h	787.50	−0.092%	$43K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	788.29	+0.008%	$4K	—	25x	as long as short
Kraken Futures PF_BNBUSD	−0.0021%	1h	787.48	−0.095%	$2.5M	$1.2M	50x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	788.94	+0.090%	$3.0M	$26.6M	10x	as long as short
StandX BNB-USD	0.0000%	1h	789.58	+0.171%	$851K	$2.7M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	787.57	−0.083%	$9.5M	—	150x	as long as short
Aster BNBUSDT	+0.0016%	8h	788.10	−0.016%	$6.0M	$17.9M	200x	as long as short
BingX BNB-USDT	+0.0028%	8h	787.87	−0.046%	—	$22.0M	—	as long as short
MEXC BNB_USDT	+0.0033%	8h	789.30	+0.136%	$82.9M	$12.4M	200x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.139%	$19K	$789K	30x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BNBUSDT	+0.0034%	8h	788.17	−0.008%	$488.4M	$799.2M	75x	as long as short
Lighter BNB	+0.0096%	1h	787.65	−0.074%	$2.7M	$3.7M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	787.60	−0.080%	$1.4M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	788.39	+0.020%	$51.8M	$17.5M	10x	as long as short
Pacifica BNB	+0.0100%	1h	788.07	−0.021%	$1.2M	$936K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	787.60	−0.080%	$138.9M	$71.5M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	787.60	−0.080%	$53.6M	$108.5M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	787.90	−0.042%	$52K	$124K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	787.75	−0.061%	$39.8M	$56.5M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	787.41	−0.104%	$27.8M	$9.7M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	787.29	−0.119%	$75.7M	$32.4M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	788.09	−0.018%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	788.74	+0.064%	$4.3M	$5.0M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	789.02	+0.101%	$4.1M	$76.8M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	789.03	+0.101%	$159K	$440K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	787.44	−0.100%	$130K	$919K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	787.48	−0.095%	$265K	$304K	50x	as long as short
SunX BNB-USDTshort	+0.0100%	8h	788.18	−0.006%	$12K	$1.5M	50x
SoDEX BNB-USD	+0.0100%	1h	787.70	−0.067%	$387K	$939K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	787.74	−0.062%	$8.0M	$10.3M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	788.07	−0.021%	$78K	$47K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	787.35	−0.112%	$1.8M	$5.8M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	787.51	−0.091%	$378K	$110K	10x	as long as short
Kalshi KXBNBPERP	+0.0108%	8h	788.20	−0.004%	$159K	$2.6M	4.8x	as long as short
Coinbase International BNB-PERP-INTX	+0.0120%	1h	788.70	+0.060%	$551K	$2.0M	50x	as long as short
Phoenix BNB	+0.0120%	1h	789.48	+0.159%	$159K	$38K	10x	as long as short
Phemex BNBUSDT	+0.0129%	8h	788.34	+0.014%	$68.6M	$51.3M	50x	as long as short
BloFin BNB-USDTlong	+0.0135%	8h	788.23	long leg	$17.8M	$2.3M	75x
Bulk BNB-USD	+0.0154%	1h	788.26	+0.003%	$639K	$0	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	787.91	−0.041%	$1.5M	$138K	25x	as long as short
dYdX BNB-USD	+0.0203%	1h	788.19	−0.006%	$158K	$63K	10x	as long as short
01 Exchange BNBUSD	+0.0232%	1h	788.22	−0.001%	$28K	$3K	10x	as long as short
Reya BNBRUSDPERP	+0.0319%	1h	787.35	−0.111%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0355%	1h	788.05	−0.023%	$1.1M	$890K	20x	as long as short
Hibachi BNB/USDT-P	+0.0416%	1h	789.02	+0.100%	$68K	$39K	12x	as long as short