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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against SunX−0.198%7-day average −0.132% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$530.531% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.019%−$2 on $10k
Price spread, last 3 days (all we have)+0.405%+$40 · spread now −0.198%, 7d avg −0.132%
Together, before fees+0.385%+ Points / potential airdropExtended: Active · farm board+$39 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: Extended is 0.066% cheaper against SunX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.132%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BNB-USDT803.910.0100pay 0.0100% / 8h2h 54m$13K$1.7M50x
ShortExtended BNB-USD802.320.0104get 0.0013% / 1h54m 22s$1.9M$6.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.198% → −0.132%
−$6.55
Slippage, 4 orders
−$40.12
Fee SunX: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$58.83
Costs to cover
0.531%
Break-even
497.2 days
Slippage from SunX: live order book, 11 min ago; Extended: 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, 11 min ago15.07 bp21.5 bp −$2129.4 bp −$294doesn't fitdoesn't fit
Sell Extended live order book, 5 min ago0.06 bp3.8 bp −$45.1 bp −$51doesn'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 −0.0195% / S +0.0371%1h802.76−0.143%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h802.95−0.119%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h804.31+0.051%$3.0M$30.4M10xas long as short
Kalshi KXBNBPERP0.0000%8h804.30+0.049%$110K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h803.92+0.002%$869K$3.0M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h802.73−0.147%$9.8M150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h802.88−0.127%$2.5M$919K50xas long as short
Variational Omni BNB+0.0068%8h803.35−0.070%$4.1M$5.3Mas long as short
Coinbase International BNB-PERP-INTX+0.0088%1h803.99+0.010%$608K$899K50xas long as short
Aster BNBUSDT+0.0089%8h802.92−0.123%$6.3M$18.9M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BNB+0.0096%1h803.55−0.045%$2.8M$4.2M20xas long as short
Nado BNB-PERP+0.0100%1h802.24−0.207%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h803.26−0.080%$1.2M$923K20xas long as short
Bybit BNBUSDT+0.0100%8h802.50−0.175%$139.0M$83.4M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h802.60−0.162%$54.9M$115.4M50xas long as short
Arcus BNB-USD+0.0100%1h802.70−0.150%$52K$191K10xas long as short
Gate BNB_USDT+0.0100%8h802.55−0.169%$35.9M$58.1M75xas long as short
KuCoin BNBUSDTM+0.0100%8h802.23−0.208%$28.1M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h802.33−0.196%$79.0M$24.6M75xas long as short
edgeX BNBUSDC+0.0100%4h804.49+0.073%$4.2M$76.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h803.95+0.005%$159K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h802.26−0.205%$118K$869K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h802.72−0.148%$388K$595K50xas long as short
Derive BNB-PERP+0.0100%1h802.86−0.130%$32K$5K10xas long as short
SunX BNB-USDTlong+0.0100%8h803.91long leg$13K$1.7M50x
SoDEX BNB-USD+0.0100%1h802.80−0.138%$395K$1.0M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h803.27−0.079%$1.6M$162K25xas long as short
HTX BNB-USDT+0.0100%8h802.81−0.137%$8.2M$7.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h803.32−0.073%$78K$19K50xas long as short
MEXC BNB_USDT+0.0102%8h803.60−0.038%$84.3M$13.5M200xas long as short
BingX BNB-USDC+0.0102%8h803.52−0.048%$13.3Mas long as short
Binance BNBUSDT+0.0102%8h803.28−0.078%$518.1M$807.5M75xas long as short
Extended BNB-USDshort+0.0104%1h802.32−0.198%$1.9M$6.1M50x
Aevo BNB-PERP+0.0104%1h802.73−0.146%$386K$40K10xas long as short
Phoenix BNB+0.0110%1h805.11+0.150%$173K$35K10xas long as short
Phemex BNBUSDT+0.0121%8h803.43−0.059%$70.1M$51.8M50xas long as short
Bulk BNB-USD+0.0140%1h805.09+0.147%$650K$11K10xas long as short
Hyperliquid BNB+0.0181%1h803.02−0.110%$51.6M$21.3M10xas long as short
dYdX BNB-USD+0.0195%1h803.01−0.111%$170K$55K10xas long as short
RISEx BNB/USDC+0.0209%1h802.82−0.135%$1.1M$1.4M20xas long as short
BloFin BNB-USDT+0.0222%8h804.78+0.109%$18.9M$3.1M75xas long as short
Hibachi BNB/USDT-P+0.0240%1h803.60−0.038%$71K$48K12xas long as short
01 Exchange BNBUSD+0.0280%1h804.35+0.055%$28K$1K10xas long as short
Reya BNBRUSDPERP+0.0335%1h802.10−0.225%$6K$3K40xas long as short
Injective BNB/USDC PERP+0.0353%1h804.92+0.126%$19K$526K30xas long as short
Backpack BNB_USDC_PERP+0.0656%1h805.34+0.178%$3.0M$5.3M40xas long as short