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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against KuCoin+0.056%7-day average +0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$640.642% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.021%+$2 on $10k
Price spread, last 4 days (all we have)−0.066%−$7 · spread now +0.056%, 7d avg +0.088%
Together, before fees−0.045%−$4 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 0.032% cheaper against KuCoin than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.088%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BNBUSDTM787.580.0100pay 0.0100% / 8h4h 09m$28.4M$9.3M75x
ShortSunX BNB-USDT788.020.0100get 0.0100% / 8h4h 09m$12K$1.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against KuCoin. 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: +0.056% → +0.088%
−$3.18
Slippage, 4 orders
−$44.15
Fee KuCoin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$67.33
Costs to cover
0.642%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; SunX: live order book, 8 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 KuCoin live order book, 3 min ago0.70 bp7.6 bp −$817.6 bp −$176doesn't fitdoesn't fit
Sell SunX live order book, 8 min ago15.07 bp23.5 bp −$2430.6 bp −$306doesn't fitdoesn't fit

BNB on 46 exchanges

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 −0.0166% / S +0.0336%1h787.42−0.020%$43K200xas long as short
Kraken Futures PF_BNBUSD−0.0138%1h787.65+0.009%$2.6M$1.4M50xas long as short
Hotstuff BNB-PERP−0.0080%1h787.92+0.043%$4K25xas long as short
Bybit BNBUSDT−0.0077%8h787.08−0.063%$139.0M$63.1M75xas long as short
BingX BNB-USDC−0.0076%8h787.50−0.010%$13.4Mas long as short
Aster BNBUSDT0.0000%8h787.99+0.052%$5.9M$16.2M200xas long as short
GRVT BNB_USDT_Perp0.0000%8h788.07+0.062%$3.0M$26.7M10xas long as short
StandX BNB-USD0.0000%1h787.74+0.020%$850K$3.1M30xas long as short
MEXC BNB_USDT+0.0002%8h789.40+0.231%$83.8M$11.6M200xas long as short
Binance BNBUSDT+0.0003%8h788.07+0.062%$480.7M$726.5M75xas long as short
Show all 46 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h787.51−0.009%$9.5M150xas long as short
BloFin BNB-USDT+0.0014%8h788.25+0.085%$18.5M$2.2M75xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.223%$19K$789K30xas long as short
Variational Omni BNB+0.0043%8h787.03−0.069%$4.3M$3.7Mas long as short
Phemex BNBUSDT+0.0077%8h788.13+0.070%$68.3M$48.4M50xas long as short
Lighter BNB+0.0096%1h787.88+0.038%$2.7M$3.0M20xas long as short
Nado BNB-PERP+0.0100%1h787.23−0.044%$1.3M$2.2M20xas long as short
Hyperliquid BNB+0.0100%1h788.12+0.069%$52.2M$15.7M10xas long as short
Pacifica BNB+0.0100%1h787.94+0.046%$1.2M$483K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h787.30−0.036%$53.4M$96.7M50xas long as short
Arcus BNB-USD+0.0100%1h787.80+0.028%$57K$48K10xas long as short
Gate BNB_USDT+0.0100%8h787.40−0.023%$42.9M$52.2M75xas long as short
KuCoin BNBUSDTMlong+0.0100%8h787.58long leg$28.4M$9.3M75x
Bitget BNBUSDT+0.0100%8h787.29−0.037%$76.0M$30.2M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h787.85+0.034%$2.2M$6.0M40xas long as short
edgeX BNBUSDC+0.0100%4h787.73+0.018%$4.1M$69.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h788.10+0.066%$159K$463K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h787.45−0.017%$125K$908K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.51−0.009%$264K$257K50xas long as short
Derive BNB-PERP+0.0100%1h787.62+0.005%$31K$10K10xas long as short
SunX BNB-USDTshort+0.0100%8h788.02+0.056%$12K$1.2M50x
SoDEX BNB-USD+0.0100%1h787.70+0.015%$387K$909K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h787.78+0.026%$1.5M$128K25xas long as short
HTX BNB-USDT+0.0100%8h788.27+0.087%$8.0M$9.7M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h788.18+0.076%$78K$1.3M50xas long as short
Kalshi KXBNBPERP+0.0101%8h788.20+0.079%$173K$2.4M4.8xas long as short
Extended BNB-USD+0.0104%1h786.97−0.078%$1.8M$5.4M50xas long as short
Aevo BNB-PERP+0.0104%1h787.48−0.012%$378K$110K10xas long as short
Phoenix BNB+0.0116%1h788.30+0.091%$158K$45K10xas long as short
Coinbase International BNB-PERP-INTX+0.0136%1h787.88+0.038%$534K$1.7M50xas long as short
dYdX BNB-USD+0.0174%1h787.62+0.005%$158K$31K10xas long as short
Hibachi BNB/USDT-P+0.0216%1h787.61+0.003%$67K$26K12xas long as short
01 Exchange BNBUSD+0.0248%1h788.10+0.066%$28K$2K10xas long as short
Bulk BNB-USD+0.0270%1h787.94+0.046%$638K$13K10xas long as short
Reya BNBRUSDPERP+0.0315%1h787.00−0.073%$6K$3K40xas long as short
RISEx BNB/USDC+0.0391%1h787.89+0.040%$1.1M$860K20xas long as short