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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Nado against SunX−0.080%7-day average −0.106% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$530.529% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.005%$0 on $10k
Price spread, last 3 days (all we have)+0.017%+$2 · spread now −0.080%, 7d avg −0.106%
Together, before fees+0.022%+ Points / potential airdropNado: Active · farm board+$2 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: Nado is 0.026% dearer against SunX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.106%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BNB-USDT799.470.0100pay 0.0100% / 8h18m 59s$13K$1.7M50x
ShortNado BNB-PERP798.830.0100get 0.0012% / 1h18m 59s$1.4M$2.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
Price spread: −0.080% → −0.106%
$2.61
Slippage, 4 orders
−$37.86
Fee SunX: 4 bp × 2 orders
−$8
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$50.24
Costs to cover
0.529%
Break-even
never at this rate
Slippage from SunX: live order book, 6 min ago; Nado: live order book, 5 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, 6 min ago14.76 bp21.8 bp −$2230.4 bp −$304doesn't fitdoesn't fit
Sell Nado live order book, 5 min ago0.06 bp3.6 bp −$49.5 bp −$95doesn'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 −0.0201% / S +0.0372%1h799.19−0.035%$47K200xas long as short
Hotstuff BNB-PERP−0.0080%1h799.11−0.045%$4K$1K25xas long as short
Kraken Futures PF_BNBUSD−0.0074%1h799.01−0.057%$2.5M$970K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h798.68−0.098%$3.0M$27.9M10xas long as short
StandX BNB-USD0.0000%1h799.30−0.021%$864K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h799.16−0.038%$9.7M150xas long as short
Variational Omni BNB+0.0012%8h798.04−0.178%$4.1M$5.4Mas long as short
BingX BNB-USDC+0.0035%8h798.90−0.071%$13.4Mas long as short
Bybit BNBUSDT+0.0042%8h798.80−0.083%$138.6M$77.0M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h799.89+0.053%$606K$985K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0088%8h799.63+0.020%$6.2M$19.1M200xas long as short
Lighter BNB+0.0096%1h799.23−0.030%$2.8M$4.1M20xas long as short
Nado BNB-PERPshort+0.0100%1h798.83−0.080%$1.4M$2.7M20x
Pacifica BNB+0.0100%1h799.04−0.053%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h798.90−0.071%$54.3M$113.0M50xas long as short
Arcus BNB-USD+0.0100%1h799.20−0.033%$53K$133K10xas long as short
Gate BNB_USDT+0.0100%8h798.90−0.071%$35.8M$58.3M75xas long as short
KuCoin BNBUSDTM+0.0100%8h799.06−0.051%$28.0M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h798.77−0.087%$79.1M$27.5M75xas long as short
edgeX BNBUSDC+0.0100%4h798.50−0.121%$4.1M$76.5M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h799.21−0.032%$161K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h798.93−0.067%$116K$875K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h799.17−0.037%$386K$494K50xas long as short
Derive BNB-PERP+0.0100%1h799.33−0.017%$32K$5K10xas long as short
SunX BNB-USDTlong+0.0100%8h799.47long leg$13K$1.7M50x
SoDEX BNB-USD+0.0100%1h799.30−0.021%$393K$1.0M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h799.56+0.012%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h798.98−0.061%$8.2M$8.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h799.25−0.027%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h798.68−0.099%$1.8M$6.5M50xas long as short
Aevo BNB-PERP+0.0104%1h799.25−0.028%$384K$40K10xas long as short
Phemex BNBUSDT+0.0108%8h799.63+0.020%$69.9M$50.6M50xas long as short
Binance BNBUSDT+0.0109%8h799.59+0.015%$498.3M$818.6M75xas long as short
MEXC BNB_USDT+0.0109%8h800.00+0.067%$83.1M$13.6M200xas long as short
Phoenix BNB+0.0127%1h798.57−0.112%$172K$36K10xas long as short
Kalshi KXBNBPERP+0.0134%8h799.40−0.008%$89K$2.9M4.8xas long as short
Hibachi BNB/USDT-P+0.0176%1h798.81−0.083%$70K$43K12xas long as short
Bulk BNB-USD+0.0214%1h799.38−0.011%$649K$17K10xas long as short
Hyperliquid BNB+0.0216%1h799.76+0.037%$52.4M$21.2M10xas long as short
BloFin BNB-USDT+0.0229%8h799.63+0.020%$18.2M$2.5M75xas long as short
RISEx BNB/USDC+0.0258%1h799.08−0.049%$1.1M$1.4M20xas long as short
01 Exchange BNBUSD+0.0288%1h799.67+0.025%$28K$1K10xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.703%$19K$789K30xas long as short
Reya BNBRUSDPERP+0.0331%1h798.69−0.097%$6K$3K40xas long as short
dYdX BNB-USD+0.0358%1h798.70−0.096%$161K$63K10xas long as short
Backpack BNB_USDC_PERP+0.0386%1h799.56+0.012%$2.7M$5.7M40xas long as short