Funding you earn now, next payment 22:00 UTC−0.0471%/8h= −51.6% APRpaid last 24h −0.125%
Price spread now: GMX against SunX−0.099%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and GMX is 0.099% cheaper against SunX than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX BNB-USDT | 803.58 | 0.0100 | pay 0.0100% / 8h | 2h 43m | $13K | $1.7M | 50x |
| Short | GMX BNB/USD [WBTC.b-USDC] | 802.78 | L −0.0195% / S +0.0371% | pay 0.0046% / 1h | 43m 43s | $48K | — | 200x |
SunX BNB-USDT
GMX BNB/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against SunX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$99.01
- Price spread: −0.099% → 0.000%
- −$9.9
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$128.9
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 12 min ago; GMX: no order-book sample. Net counts fees only.
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, 12 min ago | 15.07 bp | 21.9 bp −$22 | 29.6 bp −$296 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX BNB/USD [WBTC.b-USDC]short | L −0.0195% / S +0.0371% | 1h | 802.78 | −0.099% | $48K | — | 200x | |
| Hotstuff BNB-PERP | −0.0080% | 1h | 803.00 | −0.072% | $4K | $1K | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 803.06 | −0.064% | $3.0M | $30.0M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 803.20 | −0.047% | $122K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 803.70 | +0.015% | $869K | $3.0M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 802.91 | −0.083% | $9.8M | — | 150x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0038% | 1h | 802.76 | −0.101% | $2.5M | $910K | 50x | as long as short |
| Variational Omni BNB | +0.0059% | 8h | 802.25 | −0.165% | $4.1M | $5.3M | — | as long as short |
| BingX BNB-USDT | +0.0068% | 8h | 803.00 | −0.072% | — | $34.6M | — | as long as short |
| Aster BNBUSDT | +0.0086% | 8h | 803.63 | +0.006% | $6.4M | $18.8M | 200x | as long as short |
Hotstuff BNB-PERP
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Kraken Futures PF_BNBUSD
Variational Omni BNB
BingX BNB-USDT
Aster BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BNBUSDT | +0.0086% | 8h | 802.50 | −0.134% | $138.8M | $82.6M | 75x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0088% | 1h | 803.99 | +0.051% | $608K | $888K | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 803.19 | −0.048% | $2.8M | $4.2M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 802.49 | −0.136% | $1.4M | $2.8M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 803.25 | −0.041% | $1.2M | $923K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 803.10 | −0.059% | $54.9M | $115.4M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 803.40 | −0.022% | $52K | $161K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 802.70 | −0.109% | $36.0M | $58.3M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 802.76 | −0.102% | $28.1M | $10.5M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 802.83 | −0.093% | $79.0M | $24.5M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 803.30 | −0.034% | $4.2M | $76.9M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 802.77 | −0.101% | $158K | $437K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 802.84 | −0.092% | $118K | $868K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 802.91 | −0.083% | $388K | $593K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 803.02 | −0.069% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDTlong | +0.0100% | 8h | 803.58 | long leg | $13K | $1.7M | 50x | |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 803.34 | −0.029% | $1.6M | $165K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 803.00 | −0.072% | $8.2M | $7.4M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 803.87 | +0.036% | $78K | $19K | 50x | as long as short |
| MEXC BNB_USDT | +0.0102% | 8h | 803.90 | +0.040% | $84.5M | $13.5M | 200x | as long as short |
| Binance BNBUSDT | +0.0103% | 8h | 803.77 | +0.024% | $518.4M | $803.4M | 75x | as long as short |
| SoDEX BNB-USD | +0.0104% | 1h | 802.90 | −0.084% | $395K | $1.0M | 10x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 802.72 | −0.106% | $1.9M | $6.1M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 802.98 | −0.075% | $386K | $40K | 10x | as long as short |
| Phemex BNBUSDT | +0.0119% | 8h | 803.41 | −0.021% | $70.1M | $51.6M | 50x | as long as short |
| Phoenix BNB | +0.0125% | 1h | 802.98 | −0.074% | $173K | $35K | 10x | as long as short |
| Hyperliquid BNB | +0.0155% | 1h | 803.60 | +0.003% | $51.6M | $21.3M | 10x | as long as short |
| Bulk BNB-USD | +0.0161% | 1h | 803.45 | −0.016% | $649K | $11K | 10x | as long as short |
| RISEx BNB/USDC | +0.0209% | 1h | 803.11 | −0.059% | $1.1M | $1.4M | 20x | as long as short |
| BloFin BNB-USDT | +0.0222% | 8h | 803.39 | −0.023% | $18.8M | $3.0M | 75x | as long as short |
| dYdX BNB-USD | +0.0232% | 1h | 803.00 | −0.072% | $170K | $55K | 10x | as long as short |
| Hibachi BNB/USDT-P | +0.0240% | 1h | 802.80 | −0.097% | $71K | $48K | 12x | as long as short |
| 01 Exchange BNBUSD | +0.0312% | 1h | 803.59 | +0.001% | $28K | $1K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0335% | 1h | 802.69 | −0.111% | $6K | $3K | 40x | as long as short |
| Injective BNB/USDC PERP | +0.0353% | 1h | 804.92 | +0.167% | $19K | $526K | 30x | as long as short |
| Backpack BNB_USDC_PERP | +0.0699% | 1h | 803.89 | +0.039% | $3.0M | $5.3M | 40x | as long as short |
Bybit BNBUSDT
Coinbase International BNB-PERP-INTX
Lighter BNB
Nado BNB-PERP
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
MEXC BNB_USDT
Binance BNBUSDT
SoDEX BNB-USD
Extended BNB-USD
Aevo BNB-PERP
Phemex BNBUSDT
Phoenix BNB
Hyperliquid BNB
Bulk BNB-USD
RISEx BNB/USDC
BloFin BNB-USDT
dYdX BNB-USD
Hibachi BNB/USDT-P
01 Exchange BNBUSD
Reya BNBRUSDPERP
Injective BNB/USDC PERP
Backpack BNB_USDC_PERP