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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0219%/8h= −24.0% APRpaid last 24h −0.068%
Price spread now: SunX against Reya+0.108%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
The price spread pays, funding is against you. SunX is 0.108% dearer against Reya than usual: you sell high and buy low (spread +0.108% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 40 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya BNBRUSDPERP787.320.0319pay 0.0040% / 1h16m 35s$6K$3K40x
ShortSunX BNB-USDT788.170.0100get 0.0100% / 8h7h 16m$12K$1.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Reya. 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
−$45.95
Price spread: +0.108% → 0.000%
$10.84
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee SunX: 4 bp × 2 orders
−$8
Net
−$49.11
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; SunX: live order book, 8 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Reya no order-book sample
Sell SunX live order book, 8 min ago15.06 bp23.3 bp −$2330.7 bp −$307doesn't fitdoesn't fit
Reya: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0166% / S +0.0336%1h787.99+0.086%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h788.02+0.090%$4K25xas long as short
Kraken Futures PF_BNBUSD−0.0021%1h787.86+0.069%$2.5M$1.2M50xas long as short
GRVT BNB_USDT_Perp0.0000%8h787.88+0.072%$3.0M$27.0M10xas long as short
StandX BNB-USD0.0000%1h788.36+0.133%$850K$2.7M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h788.06+0.094%$9.5M150xas long as short
Aster BNBUSDT+0.0016%8h788.36+0.133%$6.0M$17.8M200xas long as short
BingX BNB-USDC+0.0028%8h788.73+0.180%$13.4Mas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.258%$19K$789K30xas long as short
MEXC BNB_USDT+0.0034%8h789.70+0.303%$82.9M$12.3M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0034%8h788.37+0.134%$488.6M$794.2M75xas long as short
Lighter BNB+0.0096%1h788.09+0.099%$2.7M$3.7M20xas long as short
Nado BNB-PERP+0.0100%1h787.60+0.036%$1.4M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h788.58+0.161%$51.8M$17.4M10xas long as short
Pacifica BNB+0.0100%1h788.26+0.120%$1.2M$936K20xas long as short
Bybit BNBUSDT+0.0100%8h787.90+0.074%$138.8M$71.8M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h788.00+0.087%$53.6M$108.6M50xas long as short
Arcus BNB-USD+0.0100%1h788.80+0.189%$52K$125K10xas long as short
Gate BNB_USDT+0.0100%8h788.05+0.093%$39.7M$56.2M75xas long as short
KuCoin BNBUSDTM+0.0100%8h787.81+0.063%$27.8M$9.8M75xas long as short
Bitget BNBUSDT+0.0100%8h788.52+0.153%$75.6M$32.1M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h788.55+0.157%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h787.84+0.066%$4.3M$5.0Mas long as short
edgeX BNBUSDC+0.0100%4h787.84+0.066%$4.1M$76.4M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h787.71+0.050%$159K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h787.39+0.010%$132K$917K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.94+0.079%$265K$357K50xas long as short
Derive BNB-PERP+0.0100%1h784.27−0.387%$31K$12K10xas long as short
SunX BNB-USDTshort+0.0100%8h788.17+0.108%$12K$1.5M50x
SoDEX BNB-USD+0.0100%1h788.10+0.100%$387K$939K10xas long as short
HTX BNB-USDT+0.0100%8h787.82+0.064%$8.0M$10.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h788.18+0.110%$78K$47K50xas long as short
Extended BNB-USD+0.0104%1h788.55+0.157%$1.8M$5.8M50xas long as short
Aevo BNB-PERP+0.0104%1h787.81+0.063%$378K$110K10xas long as short
Kalshi KXBNBPERP+0.0108%8h788.10+0.100%$159K$2.5M4.8xas long as short
Coinbase International BNB-PERP-INTX+0.0120%1h787.14−0.022%$548K$1.9M50xas long as short
Phemex BNBUSDT+0.0120%8h788.50+0.150%$68.6M$51.3M50xas long as short
Phoenix BNB+0.0120%1h787.62+0.039%$158K$38K10xas long as short
BloFin BNB-USDT+0.0136%8h788.53+0.154%$17.8M$2.3M75xas long as short
Bulk BNB-USD+0.0154%1h788.26+0.120%$639K$010xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h788.26+0.121%$1.5M$141K25xas long as short
dYdX BNB-USD+0.0208%1h787.48+0.021%$158K$63K10xas long as short
01 Exchange BNBUSD+0.0232%1h788.15+0.106%$28K$3K10xas long as short
Reya BNBRUSDPERPlong+0.0319%1h787.32long leg$6K$3K40x
RISEx BNB/USDC+0.0355%1h788.02+0.089%$1.1M$885K20xas long as short
Hibachi BNB/USDT-P+0.0408%1h787.71+0.051%$67K$39K12xas long as short