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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0158%/8h= +17.3% APRpaid last 24h +0.015%
Price spread now: RISEx against SunX−0.106%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$540.537% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.106%+$11 on $10k
Price spread, last 3 days (all we have)+0.157%+$16 · spread now −0.106%, 7d avg −0.055%
Together, before fees+0.263%+$26 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.052% cheaper against SunX than usual: you would sell low and buy high (spread −0.106% now, against its 7-day average of −0.055%). If the spread goes back, that is −$5 on $10k: about 26 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BNB-USDT802.200.0100pay 0.0100% / 8h40m 32s$13K$1.7M50x
ShortRISEx BNB/USDC801.350.0258get 0.0032% / 1h40m 32s$1.1M$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$33.13
Price spread: −0.106% → −0.055%
−$5.16
Slippage, 4 orders
−$39.75
Fee SunX: 4 bp × 2 orders
−$8
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$25.78
Costs to cover
0.537%
Break-even
12.4 days
Slippage from SunX: live order book, 5 min ago; RISEx: live order book, 3 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, 5 min ago15.06 bp21.8 bp −$2229.5 bp −$295doesn't fitdoesn't fit
Sell RISEx live order book, 3 min ago1.12 bp4.1 bp −$48.2 bp −$82doesn'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%1h802.02−0.023%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h801.50−0.088%$4K$1K25xas long as short
Kraken Futures PF_BNBUSD−0.0074%1h801.61−0.074%$2.6M$970K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h802.87+0.083%$3.0M$28.0M10xas long as short
StandX BNB-USD0.0000%1h802.64+0.055%$867K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h801.96−0.030%$9.8M150xas long as short
Variational Omni BNB+0.0027%8h802.45+0.031%$4.2M$5.4Mas long as short
BingX BNB-USDC+0.0049%8h801.84−0.045%$13.3Mas long as short
Bybit BNBUSDT+0.0058%8h800.70−0.187%$139.0M$78.6M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h800.72−0.185%$607K$995K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BNB+0.0096%1h801.71−0.061%$2.8M$4.1M20xas long as short
Nado BNB-PERP+0.0100%1h800.74−0.182%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h801.47−0.091%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h800.80−0.175%$54.6M$113.3M50xas long as short
Arcus BNB-USD+0.0100%1h801.60−0.075%$53K$133K10xas long as short
Gate BNB_USDT+0.0100%8h801.00−0.150%$35.9M$57.8M75xas long as short
KuCoin BNBUSDTM+0.0100%8h800.96−0.155%$28.0M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h801.04−0.145%$79.5M$27.4M75xas long as short
edgeX BNBUSDC+0.0100%4h803.59+0.173%$4.2M$77.8M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h803.34+0.142%$162K$442K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h800.95−0.156%$117K$875K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h801.89−0.039%$387K$497K50xas long as short
Derive BNB-PERP+0.0100%1h802.07−0.016%$32K$5K10xas long as short
SunX BNB-USDTlong+0.0100%8h802.20long leg$13K$1.7M50x
SoDEX BNB-USD+0.0100%1h801.90−0.038%$394K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h801.87−0.041%$8.2M$8.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h801.80−0.051%$78K$19K50xas long as short
Aster BNBUSDT+0.0100%8h801.79−0.051%$6.3M$19.0M200xas long as short
Extended BNB-USD+0.0104%1h800.66−0.192%$1.8M$6.4M50xas long as short
Aevo BNB-PERP+0.0104%1h801.90−0.038%$385K$40K10xas long as short
Phemex BNBUSDT+0.0112%8h802.42+0.027%$70.1M$50.9M50xas long as short
Kalshi KXBNBPERP+0.0114%8h802.40+0.025%$110K$2.9M4.8xas long as short
Binance BNBUSDT+0.0122%8h801.62−0.073%$501.3M$817.1M75xas long as short
MEXC BNB_USDT+0.0123%8h801.90−0.038%$83.4M$13.5M200xas long as short
Phoenix BNB+0.0127%1h802.03−0.021%$172K$36K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h802.17−0.004%$1.6M$165K25xas long as short
Hyperliquid BNB+0.0211%1h801.71−0.061%$51.9M$21.4M10xas long as short
Hibachi BNB/USDT-P+0.0224%1h802.11−0.011%$70K$44K12xas long as short
BloFin BNB-USDT+0.0243%8h802.44+0.030%$18.3M$2.5M75xas long as short
RISEx BNB/USDCshort+0.0258%1h801.35−0.106%$1.1M$1.4M20x
Bulk BNB-USD+0.0305%1h801.82−0.048%$651K$20K10xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.360%$19K$789K30xas long as short
Reya BNBRUSDPERP+0.0332%1h800.63−0.196%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0344%1h801.83−0.046%$28K$1K10xas long as short
Backpack BNB_USDC_PERP+0.0366%1h802.53+0.041%$2.7M$5.7M40xas long as short
dYdX BNB-USD+0.0428%1h801.50−0.088%$162K$62K10xas long as short