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

BNB

all BNB markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.024%
Price spread now: GRVT against SunX−0.052%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$540.542% of the position
Long on SunXShort on GRVT
What this pair did over the last
the charts below follow
Funding, last 7 days−0.023%−$2 on $10k
Price spread, last 3 days (all we have)+0.412%+$41 · spread now −0.052%, 7d avg +0.008%
Together, before fees+0.389%+ Points / potential airdropGRVT: Active · farm board+$39 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and GRVT is 0.060% cheaper against SunX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.008%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BNB-USDT804.730.0100pay 0.0100% / 8h2h 55m$13K$1.7M50x
ShortGRVT BNB_USDT_Perp804.310get 0.0000% / 8h2h 55m$3.0M$30.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
−$21
Price spread: −0.052% → +0.008%
−$6.02
Slippage, 4 orders
−$37.24
Fee SunX: 4 bp × 2 orders
−$8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$81.27
Costs to cover
0.542%
Break-even
never at this rate
Slippage from SunX: live order book, 10 min ago; GRVT: live order book, 4 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, 10 min ago15.07 bp21.5 bp −$2129.4 bp −$294doesn't fitdoesn't fit
Sell GRVT live order book, 4 min ago0.06 bp4.6 bp −$55.4 bp −$5420.8 bp −$2,083doesn'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%1h804.24−0.061%$49K—200xas long as short
Hotstuff BNB-PERP−0.0080%1h804.18−0.068%$4K$1K25xas long as short
GRVT BNB_USDT_Perpshort0.0000%8h804.31−0.052%$3.0M$30.4M10x
Kalshi KXBNBPERP0.0000%8h804.30−0.053%$110K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h803.78−0.118%$869K$3.0M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h804.21−0.064%$9.8M—150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h804.22−0.063%$2.5M$917K50xas long as short
Variational Omni BNB+0.0068%8h803.35−0.172%$4.1M$5.3M—as long as short
Aster BNBUSDT+0.0087%8h804.78+0.006%$6.4M$18.9M200xas long as short
Coinbase International BNB-PERP-INTX+0.0088%1h805.24+0.063%$609K$899K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BNB+0.0096%1h804.40−0.040%$2.8M$4.2M20xas long as short
Nado BNB-PERP+0.0100%1h803.34−0.173%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h803.81−0.115%$1.2M$923K20xas long as short
Bybit BNBUSDT+0.0100%8h803.50−0.153%$139.1M$83.4M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h803.50−0.153%$55.0M$115.5M50xas long as short
Arcus BNB-USD+0.0100%1h803.90−0.103%$52K$191K10xas long as short
Gate BNB_USDT+0.0100%8h804.00−0.091%$36.0M$58.1M75xas long as short
KuCoin BNBUSDTM+0.0100%8h804.05−0.084%$28.1M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h803.41−0.164%$79.1M$24.6M75xas long as short
edgeX BNBUSDC+0.0100%4h804.49−0.029%$4.2M$76.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h803.95−0.097%$159K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h804.02−0.088%$118K$869K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h804.35−0.047%$389K$595K50xas long as short
Derive BNB-PERP+0.0100%1h804.48−0.031%$32K$5K10xas long as short
SunX BNB-USDTlong+0.0100%8h804.73long leg$13K$1.7M50x
HTX BNB-USDT+0.0100%8h804.06−0.083%$8.2M$7.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h804.31−0.052%$78K$19K50xas long as short
MEXC BNB_USDT+0.0101%8h805.40+0.083%$84.5M$13.5M200xas long as short
BingX BNB-USDC+0.0102%8h804.29−0.055%—$13.3M—as long as short
Binance BNBUSDT+0.0102%8h804.80+0.009%$519.3M$807.4M75xas long as short
Extended BNB-USD+0.0104%1h803.21−0.188%$1.9M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h804.49−0.029%$386K$40K10xas long as short
Phoenix BNB+0.0110%1h805.11+0.047%$173K$35K10xas long as short
SoDEX BNB-USD+0.0112%1h804.40−0.041%$396K$1.0M10xas long as short
Phemex BNBUSDT+0.0115%8h804.88+0.019%$70.2M$51.8M50xas long as short
Bulk BNB-USD+0.0140%1h805.09+0.044%$650K$11K10xas long as short
dYdX BNB-USD+0.0207%1h803.19−0.191%$170K$55K10xas long as short
RISEx BNB/USDC+0.0209%1h804.10−0.079%$1.1M$1.4M20xas long as short
Hyperliquid BNB+0.0214%1h804.87+0.018%$51.7M$21.4M10xas long as short
BloFin BNB-USDT+0.0222%8h804.78+0.006%$18.9M$3.1M75xas long as short
Hibachi BNB/USDT-P+0.0240%1h803.60−0.141%$71K$48K12xas long as short
01 Exchange BNBUSD+0.0288%1h804.35−0.047%$28K$1K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h804.82+0.011%$1.6M$161K25xas long as short
Reya BNBRUSDPERP+0.0335%1h803.85−0.109%$6K$3K40xas long as short
Injective BNB/USDC PERP+0.0353%1h804.92+0.024%$19K$526K30xas long as short
Backpack BNB_USDC_PERP+0.0656%1h805.34+0.076%$3.0M$5.3M40xas long as short