Funding arb · Price arb /

BNB

all BNB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.063%

Price spread now: 01 Exchange against SunX−0.012%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SunX Short on 01 Exchange

What this pair did over the last

the charts below follow

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX BNB-USDT	799.43	0.0100	pay 0.0100% / 8h	7h 16m	$13K	$1.6M	50x
Short	01 Exchange BNBUSD	799.33	0.0200	get 0.0025% / 1h	16m 19s	$28K	$1K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now −0.012%Rate

Funding earned: $21
Price spread: −0.012% → 0.000%: −$1.23
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $4.77
Costs to cover: 0.150%
Break-even: 5.4 days

Slippage unknown: SunX: live order book, 9 min ago; 01 Exchange: 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, 9 min ago	15.07 bp	21.6 bp −$22	29.3 bp −$293	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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]	L −0.0159% / S +0.0335%	1h	798.65	−0.098%	$47K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0121%	1h	798.89	−0.067%	$2.5M	$1.0M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	798.43	−0.125%	$4K	$239	25x	as long as short
Gate BNB_USDT	0.0000%	8h	798.50	−0.116%	$35.9M	$56.8M	75x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	798.85	−0.072%	$3.0M	$27.9M	10x	as long as short
StandX BNB-USD	0.0000%	1h	798.98	−0.056%	$863K	$2.9M	30x	as long as short
Variational Omni BNB	+0.0005%	8h	798.43	−0.125%	$4.1M	$5.0M	—	as long as short
BingX BNB-USDC	+0.0007%	8h	797.66	−0.221%	—	$13.3M	—	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	798.65	−0.097%	$9.7M	—	150x	as long as short
Phemex BNBUSDT	+0.0023%	8h	799.53	+0.013%	$69.8M	$50.2M	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit BNBUSDT	+0.0030%	8h	798.70	−0.091%	$138.7M	$76.3M	75x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+0.708%	$19K	$789K	30x	as long as short
Coinbase International BNB-PERP-INTX	+0.0048%	1h	799.07	−0.045%	$615K	$1.1M	50x	as long as short
Aster BNBUSDT	+0.0052%	8h	799.40	−0.003%	$6.1M	$19.4M	200x	as long as short
MEXC BNB_USDT	+0.0074%	8h	799.80	+0.047%	$83.2M	$13.7M	200x	as long as short
Binance BNBUSDT	+0.0075%	8h	799.43	0.000%	$496.4M	$811.0M	75x	as long as short
Lighter BNB	+0.0096%	1h	799.12	−0.039%	$2.8M	$4.0M	20x	as long as short
Phoenix BNB	+0.0099%	1h	799.13	−0.037%	$172K	$36K	10x	as long as short
Nado BNB-PERP	+0.0100%	1h	798.45	−0.122%	$1.5M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	798.98	−0.056%	$1.2M	$937K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	798.70	−0.091%	$54.2M	$111.0M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	799.10	−0.041%	$53K	$133K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	798.72	−0.089%	$27.9M	$10.0M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	798.51	−0.115%	$78.2M	$28.1M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	798.91	−0.065%	$4.2M	$76.7M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	798.95	−0.060%	$161K	$435K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	798.67	−0.095%	$113K	$884K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	798.73	−0.087%	$386K	$459K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	798.86	−0.071%	$32K	$5K	10x	as long as short
SunX BNB-USDTlong	+0.0100%	8h	799.43	long leg	$13K	$1.6M	50x
SoDEX BNB-USD	+0.0100%	1h	798.90	−0.066%	$393K	$997K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	798.45	−0.123%	$8.2M	$8.3M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	799.39	−0.005%	$78K	$18K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	798.53	−0.112%	$1.8M	$6.0M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	798.82	−0.076%	$384K	$110K	10x	as long as short
Bulk BNB-USD	+0.0138%	1h	797.80	−0.204%	$648K	$10K	10x	as long as short
RISEx BNB/USDC	+0.0155%	1h	798.90	−0.066%	$1.1M	$1.4M	20x	as long as short
Kalshi KXBNBPERP	+0.0159%	8h	799.30	−0.016%	$90K	$2.8M	4.8x	as long as short
BloFin BNB-USDT	+0.0195%	8h	798.84	−0.074%	$18.1M	$2.6M	75x	as long as short
dYdX BNB-USD	+0.0198%	1h	798.51	−0.115%	$161K	$63K	10x	as long as short
01 Exchange BNBUSDshort	+0.0200%	1h	799.33	−0.012%	$28K	$1K	10x
Hibachi BNB/USDT-P	+0.0280%	1h	797.79	−0.205%	$68K	$38K	12x	as long as short
Hyperliquid BNB	+0.0293%	1h	799.60	+0.022%	$53.1M	$20.3M	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	799.24	−0.023%	$1.6M	$161K	25x	as long as short
Reya BNBRUSDPERP	+0.0330%	1h	798.46	−0.121%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0426%	1h	799.14	−0.036%	$2.7M	$5.7M	40x	as long as short