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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against SunX−0.042%7-day average −0.132% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$530.527% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.019%−$2 on $10k
Price spread, last 3 days (all we have)−0.008%−$1 · spread now −0.042%, 7d avg −0.132%
Together, before fees−0.027%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.090% dearer against SunX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.132%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BNB-USDT798.840.0100pay 0.0100% / 8h7h 31m$13K$1.7M50x
ShortExtended BNB-USD798.500.0104get 0.0013% / 1h31m 52s$1.8M$6.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.042% → −0.132%
$8.97
Slippage, 4 orders
−$39.67
Fee SunX: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$42.86
Costs to cover
0.527%
Break-even
364.1 days
Slippage from SunX: live order book, 3 min ago; Extended: 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, 3 min ago15.06 bp22.0 bp −$2229.4 bp −$294doesn't fitdoesn't fit
Sell Extended live order book, 2 min ago0.06 bp3.1 bp −$34.0 bp −$4030.3 bp −$3,027doesn'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 −0.0159% / S +0.0334%1h798.51−0.041%$47K200xas long as short
Kraken Futures PF_BNBUSD−0.0121%1h798.71−0.016%$2.5M$966K50xas long as short
Hotstuff BNB-PERP−0.0080%1h798.41−0.054%$4K$23925xas long as short
BingX BNB-USDT−0.0034%8h798.71−0.017%$35.0Mas long as short
Bybit BNBUSDT−0.0020%8h798.60−0.030%$138.6M$75.1M75xas long as short
GRVT BNB_USDT_Perp0.0000%8h798.97+0.016%$3.0M$27.4M10xas long as short
StandX BNB-USD0.0000%1h799.41+0.071%$864K$2.9M30xas long as short
Phemex BNBUSDT0.0000%8h799.26+0.052%$69.8M$50.3M50xas long as short
Variational Omni BNB+0.0004%8h798.73−0.014%$4.1M$5.2Mas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h798.45−0.049%$9.7M150xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BNB/USDC PERP+0.0033%1h805.09+0.782%$19K$789K30xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h798.73−0.014%$602K$972K50xas long as short
Aster BNBUSDT+0.0062%8h799.04+0.025%$6.2M$19.1M200xas long as short
MEXC BNB_USDT+0.0084%8h799.90+0.132%$83.1M$13.6M200xas long as short
Binance BNBUSDT+0.0084%8h799.50+0.082%$496.3M$806.6M75xas long as short
Lighter BNB+0.0096%1h798.96+0.015%$2.8M$4.0M20xas long as short
Gate BNB_USDT+0.0097%8h798.70−0.018%$35.7M$56.2M75xas long as short
Phoenix BNB+0.0099%1h799.20+0.045%$172K$36K10xas long as short
Nado BNB-PERP+0.0100%1h797.85−0.124%$1.5M$2.7M20xas long as short
Pacifica BNB+0.0100%1h798.25−0.074%$1.2M$924K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h798.80−0.005%$54.2M$110.3M50xas long as short
Arcus BNB-USD+0.0100%1h798.10−0.093%$52K$133K10xas long as short
KuCoin BNBUSDTM+0.0100%8h798.85+0.001%$27.9M$10.0M75xas long as short
Bitget BNBUSDT+0.0100%8h798.63−0.027%$78.8M$27.3M75xas long as short
edgeX BNBUSDC+0.0100%4h799.05+0.026%$4.2M$76.4M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h799.32+0.060%$161K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h798.12−0.090%$116K$873K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h798.60−0.030%$386K$458K50xas long as short
Derive BNB-PERP+0.0100%1h798.77−0.009%$32K$5K10xas long as short
SunX BNB-USDTlong+0.0100%8h798.84long leg$13K$1.7M50x
SoDEX BNB-USD+0.0100%1h798.80−0.005%$393K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h798.65−0.025%$8.2M$8.2M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h798.72−0.015%$78K$18K50xas long as short
Extended BNB-USDshort+0.0104%1h798.50−0.042%$1.8M$6.3M50x
Aevo BNB-PERP+0.0104%1h798.65−0.024%$384K$108K10xas long as short
Bulk BNB-USD+0.0127%1h799.69+0.106%$649K$10K10xas long as short
Kalshi KXBNBPERP+0.0153%8h798.80−0.005%$91K$2.8M4.8xas long as short
RISEx BNB/USDC+0.0155%1h797.89−0.119%$1.1M$1.4M20xas long as short
Hibachi BNB/USDT-P+0.0160%1h799.09+0.030%$69K$37K12xas long as short
BloFin BNB-USDT+0.0205%8h799.34+0.062%$18.1M$2.5M75xas long as short
01 Exchange BNBUSD+0.0208%1h798.31−0.067%$28K$1K10xas long as short
dYdX BNB-USD+0.0244%1h798.18−0.083%$161K$63K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h799.14+0.038%$1.6M$160K25xas long as short
Hyperliquid BNB+0.0309%1h799.63+0.099%$53.2M$20.6M10xas long as short
Reya BNBRUSDPERP+0.0330%1h797.84−0.126%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0392%1h799.62+0.097%$2.7M$5.6M40xas long as short