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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0226%/8h= −24.8% APRpaid last 24h −0.067%
Price spread now: SunX against Reya+0.219%50s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
The price spread pays, funding is against you. SunX is 0.219% dearer against Reya than usual: you sell high and buy low (spread +0.219% now, against zero (this spread has no 7-day history yet)): +$22 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 3.2 days. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya BNBRUSDPERP788.900.0326pay 0.0041% / 1h43m 25s$6K$3K40x
ShortSunX BNB-USDT790.630.0100get 0.0100% / 8h4h 43m$12K$1.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Reya. 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
−$47.52
Price spread: +0.219% → 0.000%
$21.93
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee SunX: 4 bp × 2 orders
−$8
Net
−$39.59
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: Reya: no order-book sample; SunX: live order book, 12 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Reya no order-book sample
Sell SunX live order book, 12 min ago7.66 bp30.6 bp −$3137.9 bp −$379doesn't fitdoesn't fit
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 −0.0184% / S +0.0349%1h789.94+0.132%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h790.43+0.195%$4K$4225xas long as short
StandX BNB-USD0.0000%1h790.01+0.141%$854K$3.2M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h789.29+0.051%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.053%$19K$789K30xas long as short
Aster BNBUSDT+0.0041%8h790.56+0.211%$6.1M$18.7M200xas long as short
BingX BNB-USDT+0.0054%8h790.07+0.149%$34.3Mas long as short
Coinbase International BNB-PERP-INTX+0.0064%1h789.45+0.070%$582K$1.9M50xas long as short
MEXC BNB_USDT+0.0067%8h790.10+0.153%$80.2M$12.3M200xas long as short
Binance BNBUSDT+0.0067%8h790.12+0.155%$493.0M$789.6M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0074%8h790.69+0.228%$69.2M$50.0M50xas long as short
Lighter BNB+0.0096%1h790.23+0.169%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h790.12+0.155%$266K$492K50xas long as short
Nado BNB-PERP+0.0100%1h789.65+0.096%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h789.83+0.119%$51.8M$17.5M10xas long as short
Pacifica BNB+0.0100%1h790.28+0.176%$1.2M$931K20xas long as short
Bybit BNBUSDT+0.0100%8h789.30+0.051%$138.8M$74.8M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h789.30+0.051%$53.4M$111.2M50xas long as short
Arcus BNB-USD+0.0100%1h790.20+0.165%$52K$130K10xas long as short
Gate BNB_USDT+0.0100%8h789.85+0.121%$35.4M$56.7M75xas long as short
KuCoin BNBUSDTM+0.0100%8h789.25+0.045%$27.6M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h789.30+0.051%$76.4M$30.2M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h790.53+0.207%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h788.50−0.050%$4.1M$4.6Mas long as short
edgeX BNBUSDC+0.0100%4h789.10+0.026%$4.1M$74.6M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h789.85+0.121%$159K$440K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h789.62+0.092%$133K$950K10xas long as short
Derive BNB-PERP+0.0100%1h790.18+0.163%$31K$12K10xas long as short
SunX BNB-USDTshort+0.0100%8h790.63+0.219%$12K$1.5M50x
SoDEX BNB-USD+0.0100%1h790.20+0.165%$388K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h789.91+0.129%$8.1M$9.4M75xas long as short
Paradex BNB-USD-PERP+0.0101%8h790.73+0.232%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h789.64+0.095%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h790.12+0.155%$380K$110K10xas long as short
Phoenix BNB+0.0117%1h790.10+0.153%$170K$35K10xas long as short
dYdX BNB-USD+0.0124%1h789.81+0.116%$160K$64K10xas long as short
GRVT BNB_USDT_Perp+0.0136%8h789.89+0.127%$2.9M$28.0M10xas long as short
Kalshi KXBNBPERP+0.0182%8h790.10+0.153%$124K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0187%8h789.81+0.116%$18.2M$2.2M75xas long as short
01 Exchange BNBUSD+0.0224%1h790.23+0.169%$28K$4K10xas long as short
Kraken Futures PF_BNBUSD+0.0263%1h789.88+0.125%$2.5M$1.2M50xas long as short
Bulk BNB-USD+0.0272%1h789.78+0.112%$640K$9K10xas long as short
Reya BNBRUSDPERPlong+0.0326%1h788.90long leg$6K$3K40x
Deribit BNB_USDC-PERPETUAL+0.0400%1h790.55+0.209%$1.5M$143K25xas long as short
RISEx BNB/USDC+0.0461%1h790.34+0.183%$1.1M$975K20xas long as short
Hibachi BNB/USDT-P+0.0504%1h790.00+0.141%$67K$38K12xas long as short