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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0003%/8h= +0.3% APRnext payment +$0.03 per $10,000 · paid last 24h +0.011%
Price spread now: Binance against SunX+0.007%56s7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$570.571% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.069%−$7 on $10k
Price spread, last 3 days (all we have)+0.099%+$10 · spread now +0.007%, 7d avg +0.006%
Together, before fees+0.031%+$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BNB-USDT798.850.0100pay 0.0100% / 8h9m 22s$13K$1.7M50x
ShortBinance BNBUSDT798.900.0103get 0.0103% / 8h9m 22s$497.6M$817.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against SunX. 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
$0.53
Price spread: +0.007% → +0.006%
$0.04
Slippage, 4 orders
−$39.07
Fee SunX: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$56.5
Costs to cover
0.571%
Break-even
751.4 days
Slippage from SunX: live order book, 6 min ago; Binance: 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 SunX live order book, 6 min ago15.07 bp22.0 bp −$2229.6 bp −$296doesn't fitdoesn't fit
Sell Binance live order book, 5 min ago0.06 bp6.4 bp −$68.0 bp −$8019.0 bp −$1,905doesn'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 −0.0201% / S +0.0372%1h798.38−0.058%$47K200xas long as short
Hotstuff BNB-PERP−0.0080%1h798.89+0.005%$4K$1K25xas long as short
Kraken Futures PF_BNBUSD−0.0074%1h798.18−0.083%$2.5M$974K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h798.45−0.050%$3.0M$27.9M10xas long as short
StandX BNB-USD0.0000%1h798.86+0.002%$863K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h798.41−0.054%$9.7M150xas long as short
Variational Omni BNB+0.0008%8h797.53−0.164%$4.0M$5.4Mas long as short
BingX BNB-USDT+0.0033%8h798.43−0.052%$34.7Mas long as short
Bybit BNBUSDT+0.0037%8h798.10−0.094%$138.5M$76.8M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h798.14−0.089%$601K$984K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0082%8h798.69−0.019%$6.2M$19.1M200xas long as short
Lighter BNB+0.0096%1h798.36−0.061%$2.8M$4.1M20xas long as short
Phemex BNBUSDT+0.0099%8h798.81−0.005%$69.9M$50.6M50xas long as short
Nado BNB-PERP+0.0100%1h797.87−0.122%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h798.36−0.061%$1.2M$925K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h798.10−0.094%$54.3M$112.6M50xas long as short
Arcus BNB-USD+0.0100%1h798.40−0.056%$52K$133K10xas long as short
Gate BNB_USDT+0.0100%8h798.10−0.094%$35.7M$58.5M75xas long as short
KuCoin BNBUSDTM+0.0100%8h798.11−0.092%$28.0M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h797.97−0.110%$79.0M$27.5M75xas long as short
edgeX BNBUSDC+0.0100%4h798.97+0.015%$4.1M$76.2M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h799.19+0.043%$161K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h798.20−0.081%$116K$874K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h798.24−0.076%$386K$494K50xas long as short
Derive BNB-PERP+0.0100%1h798.45−0.049%$32K$5K10xas long as short
SunX BNB-USDTlong+0.0100%8h798.85long leg$13K$1.7M50x
SoDEX BNB-USD+0.0100%1h798.50−0.043%$393K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h798.42−0.054%$8.2M$8.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h798.68−0.020%$78K$19K50xas long as short
Binance BNBUSDTshort+0.0103%8h798.90+0.007%$497.6M$817.8M75x
MEXC BNB_USDT+0.0103%8h799.20+0.044%$83.0M$13.6M200xas long as short
Extended BNB-USD+0.0104%1h797.66−0.149%$1.7M$6.5M50xas long as short
Aevo BNB-PERP+0.0104%1h798.44−0.051%$384K$40K10xas long as short
Phoenix BNB+0.0127%1h799.20+0.044%$172K$36K10xas long as short
Kalshi KXBNBPERP+0.0143%8h798.90+0.007%$90K$2.9M4.8xas long as short
Hibachi BNB/USDT-P+0.0160%1h798.59−0.033%$70K$43K12xas long as short
Bulk BNB-USD+0.0191%1h798.83−0.003%$649K$17K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h798.80−0.006%$1.6M$165K25xas long as short
BloFin BNB-USDT+0.0224%8h798.50−0.043%$18.1M$2.5M75xas long as short
Hyperliquid BNB+0.0232%1h799.08+0.029%$52.4M$20.8M10xas long as short
RISEx BNB/USDC+0.0258%1h798.15−0.087%$1.1M$1.4M20xas long as short
01 Exchange BNBUSD+0.0272%1h798.61−0.030%$28K$1K10xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.782%$19K$789K30xas long as short
Reya BNBRUSDPERP+0.0331%1h797.79−0.132%$6K$3K40xas long as short
dYdX BNB-USD+0.0342%1h798.04−0.102%$161K$63K10xas long as short
Backpack BNB_USDC_PERP+0.0343%1h799.09+0.030%$2.7M$5.7M40xas long as short