BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.52 per $10,000 · paid last 24h −0.013%

Price spread now: BingX against SunX−0.112%7-day average −0.058% · you buy dearer than you sell

Net, funding: paid 7d − costs−$61as in the Funding arb table

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$570.566% of the position

Long on SunX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.047%−$5 on $10k

Price spread, last 3 days (all we have)+0.115%+$12 · spread now −0.112%, 7d avg −0.058%

Together, before fees+0.069%+$7 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BingX is 0.053% cheaper against SunX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.058%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX BNB-USDT	794.60	0.0100	pay 0.0100% / 8h	6h 31m	$13K	$1.6M	50x
Short	BingX BNB-USDT	793.71	0.0048	get 0.0048% / 8h	6h 31m	—	$34.9M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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

Position, each leg$Hold fordaysFee SunXbpFee BingXbpOrdersPrice spread, now −0.112%Rate

Funding earned: −$10.92
Price spread: −0.112% → −0.058%: −$5.35
Slippage, 4 orders: −$38.56
Fee SunX: 4 bp × 2 orders: −$8
Fee BingX: 5 bp × 2 orders: −$10
Net: −$72.83
Costs to cover: 0.566%
Break-even: never at this rate

Slippage from SunX: live order book, 3 min ago; BingX: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SunX live order book, 3 min ago	15.06 bp	21.9 bp −$22	29.7 bp −$297	doesn't fit	doesn't fit
Sell BingX live order book, 2 min ago	0.19 bp	5.2 bp −$5	5.2 bp −$52	11.9 bp −$1,190	28.3 bp −$14.2K

BNB on 45 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX BNB/USD [WBTC.b-USDC]	L −0.0167% / S +0.0335%	1h	794.00	−0.076%	$46K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0132%	1h	793.86	−0.093%	$2.5M	$1.0M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	793.90	−0.088%	$4K	$239	25x	as long as short
StandX BNB-USD	0.0000%	1h	793.56	−0.131%	$858K	$3.1M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	793.93	−0.084%	$9.7M	—	150x	as long as short
Variational Omni BNB	+0.0021%	8h	792.33	−0.286%	$4.0M	$4.9M	—	as long as short
Gate BNB_USDT	+0.0026%	8h	793.55	−0.132%	$35.3M	$55.8M	75x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.320%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0034%	8h	794.41	−0.024%	$6.1M	$19.8M	200x	as long as short
GRVT BNB_USDT_Perp	+0.0045%	8h	793.31	−0.163%	$3.0M	$28.8M	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BNB-USDTshort	+0.0048%	8h	793.71	−0.112%	—	$34.9M	—
Phemex BNBUSDT	+0.0054%	8h	794.45	−0.019%	$69.5M	$50.7M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0056%	1h	791.17	−0.432%	$607K	$1.1M	50x	as long as short
dYdX BNB-USD	+0.0063%	1h	793.27	−0.167%	$160K	$63K	10x	as long as short
MEXC BNB_USDT	+0.0063%	8h	794.50	−0.012%	$82.4M	$12.8M	200x	as long as short
Binance BNBUSDT	+0.0063%	8h	794.20	−0.050%	$494.1M	$811.9M	75x	as long as short
Phoenix BNB	+0.0088%	1h	792.22	−0.299%	$170K	$36K	10x	as long as short
Lighter BNB	+0.0096%	1h	793.87	−0.092%	$2.8M	$4.0M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	793.98	−0.078%	$384K	$409K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	793.30	−0.163%	$1.4M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	794.09	−0.064%	$52.0M	$19.8M	10x	as long as short
Pacifica BNB	+0.0100%	1h	794.05	−0.069%	$1.2M	$926K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	793.50	−0.138%	$138.4M	$76.2M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	793.40	−0.151%	$53.2M	$110.6M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	794.10	−0.063%	$52K	$134K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	793.56	−0.131%	$27.7M	$10.1M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	793.58	−0.128%	$77.3M	$28.3M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	793.22	−0.174%	$4.1M	$77.1M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	793.21	−0.175%	$159K	$436K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	794.04	−0.070%	$111K	$886K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	794.15	−0.057%	$32K	$9K	10x	as long as short
SunX BNB-USDTlong	+0.0100%	8h	794.60	long leg	$13K	$1.6M	50x
SoDEX BNB-USD	+0.0100%	1h	794.10	−0.063%	$390K	$995K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	793.11	−0.188%	$8.1M	$8.8M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	794.11	−0.061%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	793.34	−0.158%	$1.7M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	794.03	−0.071%	$381K	$110K	10x	as long as short
RISEx BNB/USDC	+0.0131%	1h	794.12	−0.060%	$1.1M	$1.3M	20x	as long as short
Kalshi KXBNBPERP	+0.0161%	8h	793.90	−0.088%	$111K	$2.8M	4.8x	as long as short
Bulk BNB-USD	+0.0175%	1h	792.60	−0.252%	$642K	$16K	10x	as long as short
01 Exchange BNBUSD	+0.0248%	1h	794.57	−0.004%	$28K	$2K	10x	as long as short
Reya BNBRUSDPERP	+0.0329%	1h	793.81	−0.099%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0397%	1h	794.38	−0.028%	$2.7M	$5.7M	40x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0400%	1h	794.48	−0.015%	$1.6M	$161K	25x	as long as short
Hibachi BNB/USDT-P	+0.0536%	1h	793.29	−0.164%	$68K	$38K	12x	as long as short