BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0036%/8h= −3.9% APRnext payment −$0.36 per $10,000 · paid last 24h +0.003%

Price spread now: Binance against SunX−0.023%56s7-day average +0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$570.569% of the position

Long on SunX Short on Binance

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)+0.184%+$18 · spread now −0.023%, 7d avg +0.007%

Together, before fees+0.123%+$12 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.030% cheaper against SunX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.007%). Swap the legs. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX BNB-USDT	790.05	0.0100	pay 0.0100% / 8h	4h 24m	$12K	$1.5M	50x
Short	Binance BNBUSDT	789.87	0.0064	get 0.0064% / 8h	4h 24m	$493.3M	$790.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now −0.023%Rate

Funding earned: −$7.46
Price spread: −0.023% → +0.007%: −$2.98
Slippage, 4 orders: −$38.94
Fee SunX: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$67.37
Costs to cover: 0.569%
Break-even: never at this rate

Slippage from SunX: live order book, 11 min ago; Binance: live order book, 5 min ago.

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, 11 min ago	15.07 bp	21.9 bp −$22	29.4 bp −$294	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	0.06 bp	6.7 bp −$7	8.5 bp −$85	20.8 bp −$2,082	46.1 bp −$23.1K

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 −0.0187% / S +0.0351%	1h	789.27	−0.099%	$46K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	789.89	−0.021%	$4K	$42	25x	as long as short
StandX BNB-USD	0.0000%	1h	789.60	−0.057%	$852K	$3.2M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	789.29	−0.096%	$9.5M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.903%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0040%	8h	789.72	−0.042%	$6.1M	$18.7M	200x	as long as short
BingX BNB-USDC	+0.0052%	8h	789.67	−0.048%	—	$13.4M	—	as long as short
Coinbase International BNB-PERP-INTX	+0.0064%	1h	789.45	−0.076%	$582K	$1.9M	50x	as long as short
Binance BNBUSDTshort	+0.0064%	8h	789.87	−0.023%	$493.3M	$790.5M	75x
MEXC BNB_USDT	+0.0065%	8h	790.10	+0.006%	$80.2M	$12.4M	200x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex BNBUSDT	+0.0066%	8h	790.09	+0.005%	$69.1M	$49.9M	50x	as long as short
Lighter BNB	+0.0096%	1h	789.46	−0.075%	$2.7M	$3.8M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	789.36	−0.088%	$266K	$492K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	789.45	−0.076%	$1.5M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	789.85	−0.026%	$51.8M	$17.5M	10x	as long as short
Pacifica BNB	+0.0100%	1h	789.52	−0.067%	$1.2M	$931K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	789.22	−0.105%	$138.8M	$74.5M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	789.20	−0.108%	$53.4M	$111.2M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	789.60	−0.057%	$52K	$130K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	789.25	−0.102%	$35.5M	$57.3M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	789.32	−0.093%	$27.6M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	789.01	−0.132%	$76.3M	$30.1M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	789.73	−0.041%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	789.00	−0.133%	$4.1M	$4.6M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	790.13	+0.009%	$4.1M	$73.1M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	789.94	−0.014%	$159K	$440K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	789.19	−0.109%	$133K	$950K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	789.68	−0.047%	$31K	$12K	10x	as long as short
SunX BNB-USDTlong	+0.0100%	8h	790.05	long leg	$12K	$1.5M	50x
SoDEX BNB-USD	+0.0100%	1h	789.70	−0.045%	$388K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	789.56	−0.063%	$8.1M	$9.4M	75x	as long as short
Paradex BNB-USD-PERP	+0.0101%	8h	790.13	+0.010%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	788.84	−0.153%	$1.8M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	789.23	−0.104%	$379K	$110K	10x	as long as short
Phoenix BNB	+0.0117%	1h	791.77	+0.217%	$170K	$35K	10x	as long as short
dYdX BNB-USD	+0.0134%	1h	789.35	−0.089%	$160K	$64K	10x	as long as short
GRVT BNB_USDT_Perp	+0.0145%	8h	790.08	+0.004%	$2.9M	$28.5M	10x	as long as short
Kalshi KXBNBPERP	+0.0179%	8h	790.50	+0.057%	$126K	$2.7M	4.8x	as long as short
BloFin BNB-USDT	+0.0185%	8h	790.17	+0.015%	$18.1M	$2.2M	75x	as long as short
Bulk BNB-USD	+0.0222%	1h	790.13	+0.010%	$640K	$9K	10x	as long as short
01 Exchange BNBUSD	+0.0232%	1h	789.94	−0.014%	$28K	$4K	10x	as long as short
Kraken Futures PF_BNBUSD	+0.0263%	1h	789.45	−0.076%	$2.5M	$1.2M	50x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	790.00	−0.007%	$1.5M	$143K	25x	as long as short
Reya BNBRUSDPERP	+0.0326%	1h	789.05	−0.127%	$6K	$3K	40x	as long as short
Hibachi BNB/USDT-P	+0.0416%	1h	789.56	−0.062%	$67K	$38K	12x	as long as short
RISEx BNB/USDC	+0.0461%	1h	789.56	−0.062%	$1.1M	$967K	20x	as long as short