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 07:00 UTC+0.0106%/8h= +11.6% APRpaid last 24h 0.000%
Price spread now: Kraken Futures against SunX−0.074%7-day average −0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$660.661% of the position
Long on SunXShort on Kraken Futures
What this pair did over the last
the charts below follow
Funding, last 7 days−0.096%−$10 on $10k
Price spread, last 4 days (all we have)+0.026%+$3 · spread now −0.074%, 7d avg −0.084%
Together, before fees−0.070%−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.084%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.096%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BNB-USDT786.530.0100pay 0.0100% / 8h1h 36m$13K$1.5M50x
ShortKraken Futures PF_BNBUSD785.950.0206get 0.0026% / 1h36m 31s$2.5M$1.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$22.22
Price spread: −0.074% → −0.084%
$0.99
Slippage, 4 orders
−$48.05
Fee SunX: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$42.84
Costs to cover
0.661%
Break-even
20.5 days
Slippage from SunX: live order book, 8 min ago; Kraken Futures: live order book, 2 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, 8 min ago15.32 bp22.5 bp −$2331.5 bp −$315doesn't fitdoesn't fit
Sell Kraken Futures live order book, 2 min ago2.55 bp11.8 bp −$1213.5 bp −$13530.8 bp −$3,083100.8 bp −$50.4K

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 −0.0170% / S +0.0337%1h786.02−0.066%$43K—200xas long as short
Hotstuff BNB-PERP−0.0080%1h786.45−0.011%$4K$4225xas long as short
StandX BNB-USD0.0000%1h786.90+0.046%$849K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h785.91−0.079%$9.5M—150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.359%$19K$789K30xas long as short
Aster BNBUSDT+0.0049%8h786.40−0.017%$6.0M$18.9M200xas long as short
BingX BNB-USDC+0.0053%8h785.91−0.079%—$13.4M—as long as short
MEXC BNB_USDT+0.0064%8h786.90+0.046%$81.0M$12.0M200xas long as short
Binance BNBUSDT+0.0064%8h786.32−0.028%$489.9M$814.8M75xas long as short
dYdX BNB-USD+0.0066%1h785.68−0.109%$159K$62K10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0076%8h786.61+0.010%$68.8M$51.0M50xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h786.88+0.044%$568K$1.9M50xas long as short
Lighter BNB+0.0096%1h786.03−0.065%$2.7M$3.8M20xas long as short
Nado BNB-PERP+0.0100%1h786.00−0.068%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h786.44−0.012%$51.5M$17.6M10xas long as short
Pacifica BNB+0.0100%1h786.13−0.051%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h785.50−0.132%$138.3M$75.2M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h785.40−0.144%$53.4M$112.9M50xas long as short
Arcus BNB-USD+0.0100%1h786.10−0.055%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h785.80−0.093%$37.2M$58.9M75xas long as short
KuCoin BNBUSDTM+0.0100%8h785.55−0.125%$27.6M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h785.65−0.113%$76.1M$31.1M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h786.35−0.024%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h785.91−0.079%$4.0M$4.8M—as long as short
edgeX BNBUSDC+0.0100%4h786.30−0.030%$4.1M$75.9M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h786.60+0.008%$158K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h785.98−0.071%$131K$949K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h786.14−0.050%$264K$470K50xas long as short
Derive BNB-PERP+0.0100%1h786.14−0.050%$31K$12K10xas long as short
SunX BNB-USDTlong+0.0100%8h786.53long leg$13K$1.5M50x
SoDEX BNB-USD+0.0100%1h786.30−0.030%$387K$983K10xas long as short
HTX BNB-USDT+0.0100%8h786.25−0.037%$8.0M$10.1M75xas long as short
Paradex BNB-USD-PERP+0.0101%8h786.57+0.005%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h785.46−0.137%$1.8M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h786.13−0.051%$378K$110K10xas long as short
Phoenix BNB+0.0135%1h786.77+0.030%$169K$35K10xas long as short
Kalshi KXBNBPERP+0.0137%8h786.60+0.008%$171K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0184%8h786.49−0.006%$17.7M$2.2M75xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h786.55+0.002%$1.5M$143K25xas long as short
Kraken Futures PF_BNBUSDshort+0.0206%1h785.95−0.074%$2.5M$1.2M50x
GRVT BNB_USDT_Perp+0.0229%8h787.18+0.082%$2.9M$29.5M10xas long as short
01 Exchange BNBUSD+0.0248%1h786.34−0.025%$28K$4K10xas long as short
Bulk BNB-USD+0.0305%1h787.08+0.070%$638K$4K10xas long as short
Reya BNBRUSDPERP+0.0322%1h785.81−0.092%$6K$3K40xas long as short
RISEx BNB/USDC+0.0438%1h786.40−0.017%$1.1M$914K20xas long as short
Hibachi BNB/USDT-P+0.0536%1h786.12−0.053%$67K$39K12xas long as short