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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: SunX against edgeX+0.205%74s7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$610.608% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 3 days (all we have)−0.232%−$23 · spread now +0.205%, 7d avg +0.011%
Together, before fees−0.232%+ Points / potential airdropedgeX: Active · farm board−$23 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.194% dearer against edgeX than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of +0.011%. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX BNBUSDC792.620.0100pay 0.0050% / 4h2h 50m$4.1M$76.6M30x
ShortSunX BNB-USDT794.240.0100get 0.0100% / 8h6h 50m$13K$1.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against edgeX. 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
$0
Price spread: +0.205% → +0.011%
$19.36
Slippage, 4 orders
−$43.81
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee SunX: 4 bp × 2 orders
−$8
Net
−$41.45
Costs to cover
0.608%
Break-even
never at this rate
Slippage from edgeX: live order book, 4 min ago; SunX: live order book, 5 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 edgeX live order book, 4 min ago2.52 bp7.0 bp −$77.0 bp −$7010.4 bp −$1,039doesn't fit
Sell SunX live order book, 5 min ago18.07 bp22.1 bp −$2238.1 bp −$381doesn'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 −0.0161% / S +0.0334%1h793.30+0.086%$47K200xas long as short
Kraken Futures PF_BNBUSD−0.0132%1h793.37+0.095%$2.5M$1.0M50xas long as short
Hotstuff BNB-PERP−0.0080%1h793.55+0.118%$4K$23925xas long as short
Gate BNB_USDT−0.0026%8h793.25+0.080%$35.5M$55.2M75xas long as short
GRVT BNB_USDT_Perp0.0000%8h792.87+0.032%$3.0M$28.2M10xas long as short
StandX BNB-USD0.0000%1h793.88+0.159%$858K$3.0M30xas long as short
Variational Omni BNB+0.0006%8h792.93+0.039%$4.1M$5.1Mas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h793.25+0.080%$9.7M150xas long as short
dYdX BNB-USD+0.0031%1h793.28+0.084%$160K$63K10xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.574%$19K$789K30xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0034%8h793.86+0.157%$6.1M$19.9M200xas long as short
BingX BNB-USDT+0.0036%8h793.48+0.109%$35.0Mas long as short
Phemex BNBUSDT+0.0039%8h793.93+0.166%$69.4M$50.4M50xas long as short
Coinbase International BNB-PERP-INTX+0.0056%1h791.39−0.155%$607K$1.1M50xas long as short
MEXC BNB_USDT+0.0062%8h794.10+0.187%$82.3M$12.7M200xas long as short
Binance BNBUSDT+0.0062%8h793.76+0.144%$493.8M$818.7M75xas long as short
Bybit BNBUSDT+0.0064%8h793.02+0.051%$138.0M$77.3M75xas long as short
Phoenix BNB+0.0088%1h792.08−0.068%$170K$36K10xas long as short
Lighter BNB+0.0096%1h793.78+0.147%$2.8M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h793.28+0.084%$383K$468K50xas long as short
Nado BNB-PERP+0.0100%1h793.35+0.093%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h793.95+0.168%$1.2M$932K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h793.10+0.061%$53.3M$111.2M50xas long as short
Arcus BNB-USD+0.0100%1h793.80+0.149%$52K$134K10xas long as short
KuCoin BNBUSDTM+0.0100%8h793.40+0.099%$27.7M$10.0M75xas long as short
Bitget BNBUSDT+0.0100%8h793.11+0.062%$77.4M$28.5M75xas long as short
edgeX BNBUSDClong+0.0100%4h792.62long leg$4.1M$76.6M30x
ApeX Omni BNBUSDT+0.0100%1h792.78+0.021%$160K$434K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h793.42+0.101%$112K$889K10xas long as short
Derive BNB-PERP+0.0100%1h793.42+0.101%$32K$9K10xas long as short
SunX BNB-USDTshort+0.0100%8h794.24+0.205%$13K$1.6M50x
SoDEX BNB-USD+0.0100%1h793.40+0.099%$390K$995K10xas long as short
HTX BNB-USDT+0.0100%8h793.58+0.122%$8.1M$8.6M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h794.11+0.189%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h792.97+0.045%$1.7M$6.0M50xas long as short
Aevo BNB-PERP+0.0104%1h792.95+0.042%$381K$110K10xas long as short
Hyperliquid BNB+0.0111%1h794.12+0.190%$52.6M$19.8M10xas long as short
RISEx BNB/USDC+0.0131%1h793.81+0.151%$1.1M$1.4M20xas long as short
Bulk BNB-USD+0.0139%1h794.97+0.297%$646K$10K10xas long as short
Kalshi KXBNBPERP+0.0159%8h793.50+0.112%$106K$2.8M4.8xas long as short
BloFin BNB-USDT+0.0182%8h794.09+0.186%$18.1M$2.5M75xas long as short
01 Exchange BNBUSD+0.0232%1h794.24+0.205%$28K$1K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h793.75+0.143%$1.6M$161K25xas long as short
Reya BNBRUSDPERP+0.0329%1h793.11+0.062%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0354%1h793.86+0.157%$2.7M$5.7M40xas long as short
Hibachi BNB/USDT-P+0.0440%1h793.18+0.071%$68K$38K12xas long as short