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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0040%/8h= +4.3% APRnext payment +$0.40 per $10,000 · paid last 24h −0.003%
Price spread now: SunX against Binance−0.001%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$580.580% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.060%+$6 on $10k
Price spread, last 4 days (all we have)−0.159%−$16 · spread now −0.001%, 7d avg −0.007%
Together, before fees−0.099%−$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BNBUSDT789.440.0060pay 0.0060% / 8h4h 15m$492.7M$789.8M75x
ShortSunX BNB-USDT789.430.0100get 0.0100% / 8h4h 15m$12K$1.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Binance. 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
$8.33
Price spread: −0.001% → −0.007%
$0.55
Slippage, 4 orders
−$40.03
Fee Binance: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$49.15
Costs to cover
0.580%
Break-even
48.3 days
Slippage from Binance: live order book, 14 min ago; SunX: live order book, 10 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 Binance live order book, 14 min ago0.06 bp5.1 bp −$55.2 bp −$5217.3 bp −$1,726doesn't fit
Sell SunX live order book, 10 min ago17.38 bp21.5 bp −$2137.5 bp −$375doesn'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 −0.0188% / S +0.0352%1h788.79−0.082%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h788.82−0.079%$4K$4225xas long as short
StandX BNB-USD0.0000%1h789.06−0.048%$851K$3.2M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h788.93−0.064%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.982%$19K$789K30xas long as short
Aster BNBUSDT+0.0036%8h789.39−0.006%$6.1M$18.7M200xas long as short
BingX BNB-USDT+0.0050%8h789.08−0.046%$34.4Mas long as short
Phemex BNBUSDT+0.0057%8h789.56+0.015%$69.1M$50.0M50xas long as short
MEXC BNB_USDT+0.0060%8h789.80+0.046%$80.1M$12.4M200xas long as short
Binance BNBUSDTlong+0.0060%8h789.44long leg$492.7M$789.8M75x
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0064%1h789.45+0.001%$582K$1.9M50xas long as short
Lighter BNB+0.0096%1h789.10−0.043%$2.7M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h788.94−0.063%$265K$492K50xas long as short
Nado BNB-PERP+0.0100%1h788.45−0.125%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h789.55+0.014%$51.8M$17.6M10xas long as short
Pacifica BNB+0.0100%1h788.94−0.063%$1.2M$931K20xas long as short
Bybit BNBUSDT+0.0100%8h788.74−0.089%$138.8M$74.4M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h788.80−0.081%$53.4M$111.3M50xas long as short
Arcus BNB-USD+0.0100%1h789.10−0.043%$52K$130K10xas long as short
Gate BNB_USDT+0.0100%8h788.85−0.075%$35.5M$57.5M75xas long as short
KuCoin BNBUSDTM+0.0100%8h788.83−0.077%$28.1M$10.4M75xas long as short
Bitget BNBUSDT+0.0100%8h788.55−0.113%$76.3M$30.1M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h789.27−0.022%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h788.31−0.143%$4.1M$4.6Mas long as short
edgeX BNBUSDC+0.0100%4h789.65+0.026%$4.1M$73.3M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h789.38−0.008%$159K$441K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h788.80−0.081%$133K$950K10xas long as short
Derive BNB-PERP+0.0100%1h789.07−0.047%$31K$12K10xas long as short
SunX BNB-USDTshort+0.0100%8h789.43−0.001%$12K$1.5M50x
SoDEX BNB-USD+0.0100%1h789.10−0.043%$388K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h788.65−0.100%$8.1M$9.5M75xas long as short
Paradex BNB-USD-PERP+0.0101%8h789.13−0.039%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h788.59−0.108%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h789.07−0.047%$379K$110K10xas long as short
Phoenix BNB+0.0117%1h789.14−0.038%$170K$35K10xas long as short
dYdX BNB-USD+0.0122%1h788.65−0.100%$160K$64K10xas long as short
GRVT BNB_USDT_Perp+0.0152%8h789.95+0.065%$2.9M$28.6M10xas long as short
Kalshi KXBNBPERP+0.0175%8h790.10+0.084%$126K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0180%8h789.62+0.023%$18.1M$2.2M75xas long as short
Bulk BNB-USD+0.0222%1h790.13+0.087%$640K$9K10xas long as short
01 Exchange BNBUSD+0.0232%1h789.50+0.008%$28K$4K10xas long as short
Kraken Futures PF_BNBUSD+0.0263%1h788.85−0.075%$2.5M$1.2M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h789.42−0.003%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0326%1h788.55−0.112%$6K$3K40xas long as short
Hibachi BNB/USDT-P+0.0392%1h788.93−0.065%$67K$38K12xas long as short
RISEx BNB/USDC+0.0461%1h789.23−0.027%$1.1M$967K20xas long as short