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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.60 per $10,000 · paid last 24h +0.013%
Price spread now: SunX against BingX+0.029%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$590.587% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.047%+$5 on $10k
Price spread, last 4 days (all we have)−0.258%−$26 · spread now +0.029%, 7d avg +0.065%
Together, before fees−0.212%−$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. SunX is 0.036% cheaper against BingX than usual: you would sell low and buy high (spread +0.029% now, against its 7-day average of +0.065%). If the spread goes back, that is −$4 on $10k: about 2.0 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.047% in total) that is about 5.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BNB-USDC788.100.0040pay 0.0040% / 8h3h 26m$13.4M
ShortSunX BNB-USDT788.330.0100get 0.0100% / 8h3h 26m$12K$1.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against BingX. 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
$12.6
Price spread: +0.029% → +0.065%
−$3.63
Slippage, 4 orders
−$40.74
Fee BingX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$49.77
Costs to cover
0.587%
Break-even
34.6 days
Slippage from BingX: live order book, 11 min ago; SunX: live order book, 8 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 BingX live order book, 11 min ago0.32 bp6.6 bp −$79.7 bp −$9722.2 bp −$2,22069.3 bp −$34.6K
Sell SunX live order book, 8 min ago15.06 bp23.7 bp −$2430.6 bp −$306doesn'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 −0.0192% / S +0.0356%1h787.81−0.037%$46K200xas long as short
Kraken Futures PF_BNBUSD−0.0124%1h787.68−0.053%$2.5M$1.2M50xas long as short
Hotstuff BNB-PERP−0.0080%1h787.95−0.019%$4K$4225xas long as short
StandX BNB-USD0.0000%1h788.76+0.084%$851K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h787.80−0.038%$9.5M150xas long as short
Aster BNBUSDT+0.0027%8h788.39+0.037%$6.1M$18.7M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.156%$19K$789K30xas long as short
BingX BNB-USDClong+0.0040%8h788.10long leg$13.4M
MEXC BNB_USDT+0.0046%8h788.80+0.089%$80.0M$12.0M200xas long as short
Binance BNBUSDT+0.0046%8h788.31+0.027%$491.6M$798.5M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0048%8h788.33+0.029%$69.0M$50.6M50xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h790.26+0.274%$580K$1.9M50xas long as short
Phoenix BNB+0.0092%1h788.66+0.071%$169K$35K10xas long as short
dYdX BNB-USD+0.0096%1h787.88−0.028%$159K$64K10xas long as short
Lighter BNB+0.0096%1h788.01−0.012%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.81−0.037%$265K$492K50xas long as short
Nado BNB-PERP+0.0100%1h787.65−0.057%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h788.46+0.046%$51.7M$17.5M10xas long as short
Pacifica BNB+0.0100%1h788.12+0.003%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h787.69−0.052%$138.6M$73.8M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h787.70−0.051%$53.5M$111.6M50xas long as short
Arcus BNB-USD+0.0100%1h788.00−0.013%$52K$133K10xas long as short
Gate BNB_USDT+0.0100%8h787.75−0.044%$35.9M$57.6M75xas long as short
KuCoin BNBUSDTM+0.0100%8h787.49−0.077%$27.6M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h787.71−0.049%$76.3M$30.5M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h788.21+0.014%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h788.21+0.014%$4.1M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h788.44+0.044%$4.1M$73.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h788.63+0.067%$159K$442K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h787.66−0.056%$130K$951K10xas long as short
Derive BNB-PERP+0.0100%1h787.92−0.023%$31K$12K10xas long as short
SunX BNB-USDTshort+0.0100%8h788.33+0.029%$12K$1.5M50x
SoDEX BNB-USD+0.0100%1h788.00−0.013%$387K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h788.16+0.008%$8.1M$9.6M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h788.15+0.006%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h787.42−0.086%$1.9M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h787.80−0.038%$378K$110K10xas long as short
Kalshi KXBNBPERP+0.0125%8h788.30+0.025%$126K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0166%8h788.40+0.038%$18.0M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0174%8h788.73+0.080%$2.9M$28.7M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h788.25+0.020%$1.5M$143K25xas long as short
Bulk BNB-USD+0.0219%1h788.52+0.053%$639K$9K10xas long as short
01 Exchange BNBUSD+0.0240%1h788.30+0.025%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0325%1h787.54−0.072%$6K$3K40xas long as short
Hibachi BNB/USDT-P+0.0416%1h788.23+0.017%$67K$39K12xas long as short
RISEx BNB/USDC+0.0431%1h788.12+0.002%$1.1M$893K20xas long as short