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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Gate+0.033%7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$640.643% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.059%+$6 on $10k
Price spread, last 4 days (all we have)−0.113%−$11 · spread now +0.033%, 7d avg +0.090%
Together, before fees−0.055%−$5 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 0.057% cheaper against Gate than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.090%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BNB_USDT788.450.0100pay 0.0100% / 8h4h 03m$35.5M$57.6M75x
ShortSunX BNB-USDT788.710.0100get 0.0100% / 8h4h 03m$12K$1.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Gate. 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: +0.033% → +0.090%
−$5.67
Slippage, 4 orders
−$41.32
Fee Gate: 7.5 bp × 2 orders
−$15
Fee SunX: 4 bp × 2 orders
−$8
Net
−$69.98
Costs to cover
0.643%
Break-even
never at this rate
Slippage from Gate: live order book, 5 min ago; SunX: live order book, 11 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 Gate live order book, 5 min ago0.32 bp11.0 bp −$1114.9 bp −$14928.7 bp −$2,87356.8 bp −$28.4K
Sell SunX live order book, 11 min ago15.06 bp23.6 bp −$2430.7 bp −$307doesn'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 −0.0189% / S +0.0354%1h788.31−0.018%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h788.30−0.019%$4K$4225xas long as short
StandX BNB-USD0.0000%1h788.68+0.029%$851K$3.2M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h788.39−0.008%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.110%$19K$789K30xas long as short
Aster BNBUSDT+0.0034%8h789.16+0.090%$6.1M$18.7M200xas long as short
BingX BNB-USDC+0.0047%8h788.57+0.015%$13.4Mas long as short
MEXC BNB_USDT+0.0057%8h789.40+0.120%$80.1M$12.4M200xas long as short
Phemex BNBUSDT+0.0058%8h789.19+0.094%$69.0M$50.3M50xas long as short
Binance BNBUSDT+0.0058%8h789.27+0.103%$492.6M$791.4M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0064%1h788.26−0.024%$579K$1.9M50xas long as short
Lighter BNB+0.0096%1h788.83+0.048%$2.7M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h788.450.000%$265K$492K50xas long as short
Nado BNB-PERP+0.0100%1h787.75−0.089%$1.5M$2.5M20xas long as short
Hyperliquid BNB+0.0100%1h789.15+0.089%$51.8M$17.5M10xas long as short
Pacifica BNB+0.0100%1h788.24−0.027%$1.2M$931K20xas long as short
Bybit BNBUSDT+0.0100%8h788.40−0.006%$138.7M$74.0M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h788.60+0.019%$53.4M$111.2M50xas long as short
Arcus BNB-USD+0.0100%1h788.30−0.019%$52K$130K10xas long as short
Gate BNB_USDTlong+0.0100%8h788.45long leg$35.5M$57.6M75x
KuCoin BNBUSDTM+0.0100%8h788.41−0.005%$28.1M$10.4M75xas long as short
Bitget BNBUSDT+0.0100%8h788.27−0.023%$76.3M$30.2M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h788.95+0.063%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h787.71−0.094%$4.1M$4.7Mas long as short
edgeX BNBUSDC+0.0100%4h788.58+0.017%$4.1M$73.2M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h788.72+0.034%$159K$441K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h788.16−0.037%$133K$950K10xas long as short
Derive BNB-PERP+0.0100%1h788.48+0.004%$31K$12K10xas long as short
SunX BNB-USDTshort+0.0100%8h788.71+0.033%$12K$1.5M50x
SoDEX BNB-USD+0.0100%1h788.60+0.019%$388K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h788.52+0.009%$8.1M$9.5M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h788.36−0.011%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h788.18−0.035%$1.8M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h788.50+0.007%$379K$110K10xas long as short
Phoenix BNB+0.0117%1h788.48+0.004%$169K$35K10xas long as short
dYdX BNB-USD+0.0121%1h788.57+0.015%$160K$64K10xas long as short
GRVT BNB_USDT_Perp+0.0154%8h788.72+0.034%$2.9M$28.6M10xas long as short
Kalshi KXBNBPERP+0.0176%8h788.80+0.044%$132K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0177%8h788.55+0.013%$18.1M$2.2M75xas long as short
Bulk BNB-USD+0.0216%1h788.57+0.015%$639K$9K10xas long as short
01 Exchange BNBUSD+0.0232%1h788.67+0.028%$28K$4K10xas long as short
Kraken Futures PF_BNBUSD+0.0264%1h788.450.000%$2.5M$1.2M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h788.88+0.054%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0325%1h788.05−0.050%$6K$3K40xas long as short
Hibachi BNB/USDT-P+0.0360%1h788.19−0.033%$67K$38K12xas long as short
RISEx BNB/USDC+0.0461%1h788.44−0.002%$1.1M$967K20xas long as short