BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.23 per $10,000 · paid last 24h −0.002%

Price spread now: SunX against BingX−0.011%7-day average +0.065% · you buy dearer than you sell

Net, funding: paid 7d − costs−$127as in the Funding arb table

Net, price: spread back to 7d avg − costs−$138as in the Price arb table

costs, in and out, $10k−$1311.308% of the position

Long on BingX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.040%+$4 on $10k

Price spread, last 3 days (all we have)−0.020%−$2 · spread now −0.011%, 7d avg +0.065%

Together, before fees+0.020%+$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. SunX is 0.075% cheaper against BingX than usual: you would sell low and buy high (spread −0.011% now, against its 7-day average of +0.065%). If the spread goes back, that is −$8 on $10k: about 11 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX BNB-USDC	798.76	0.0077	pay 0.0077% / 8h	7h 55m	—	$13.3M	—
Short	SunX BNB-USDT	798.68	0.0100	get 0.0100% / 8h	7h 55m	$13K	$1.7M	50x

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

Position, each leg$Hold fordaysFee BingXbpFee SunXbpOrdersPrice spread, now −0.011%Rate

Funding earned: $4.83
Price spread: −0.011% → +0.065%: −$7.53
Slippage, 4 orders: −$112.78
Fee BingX: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$133.48
Costs to cover: 1.308%
Break-even: 200.5 days

Slippage from BingX: live order book, 3 min ago; SunX: live order book, 10 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 BingX live order book, 3 min ago	0.31 bp	6.4 bp −$6	9.1 bp −$91	17.6 bp −$1,759	60.4 bp −$30.2K
Sell SunX live order book, 10 min ago	52.79 bp	56.8 bp −$57	72.9 bp −$729	doesn't fit	doesn't fit

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 −0.0201% / S +0.0372%	1h	798.05	−0.089%	$47K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0121%	1h	798.28	−0.060%	$2.5M	$977K	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	798.88	+0.015%	$4K	$239	25x	as long as short
Bybit BNBUSDT	−0.0009%	8h	797.80	−0.120%	$138.6M	$76.9M	75x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	799.73	+0.121%	$3.0M	$27.9M	10x	as long as short
StandX BNB-USD	0.0000%	1h	799.47	+0.089%	$864K	$2.9M	30x	as long as short
Phemex BNBUSDT	0.0000%	8h	798.75	−0.001%	$69.9M	$50.7M	50x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	798.10	−0.082%	$9.7M	—	150x	as long as short
Variational Omni BNB	+0.0010%	8h	798.14	−0.077%	$4.1M	$5.4M	—	as long as short
Gate BNB_USDT	+0.0021%	8h	798.15	−0.076%	$35.7M	$55.6M	75x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+0.792%	$19K	$789K	30x	as long as short
Coinbase International BNB-PERP-INTX	+0.0048%	1h	798.68	−0.010%	$602K	$985K	50x	as long as short
Aster BNBUSDT	+0.0073%	8h	798.61	−0.019%	$6.2M	$19.3M	200x	as long as short
BingX BNB-USDClong	+0.0077%	8h	798.76	long leg	—	$13.3M	—
Binance BNBUSDT	+0.0094%	8h	798.62	−0.018%	$496.9M	$817.9M	75x	as long as short
MEXC BNB_USDT	+0.0094%	8h	798.90	+0.018%	$83.0M	$13.5M	200x	as long as short
Lighter BNB	+0.0096%	1h	798.28	−0.060%	$2.8M	$4.0M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	797.95	−0.101%	$1.4M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	798.23	−0.067%	$1.2M	$925K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	797.70	−0.133%	$54.3M	$112.2M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	798.20	−0.070%	$52K	$133K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	798.15	−0.076%	$28.0M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	797.66	−0.138%	$78.7M	$27.6M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	799.62	+0.108%	$4.2M	$76.0M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	799.37	+0.076%	$161K	$436K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	798.17	−0.074%	$116K	$872K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	798.06	−0.088%	$386K	$487K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	798.23	−0.067%	$32K	$5K	10x	as long as short
SunX BNB-USDTshort	+0.0100%	8h	798.68	−0.011%	$13K	$1.7M	50x
SoDEX BNB-USD	+0.0100%	1h	798.40	−0.045%	$393K	$1.0M	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0100%	1h	798.48	−0.035%	$1.6M	$160K	25x	as long as short
HTX BNB-USDT	+0.0100%	8h	798.39	−0.046%	$8.2M	$8.1M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	798.74	−0.003%	$78K	$19K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	797.96	−0.101%	$1.8M	$6.6M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	798.46	−0.038%	$384K	$64K	10x	as long as short
Phoenix BNB	+0.0127%	1h	799.98	+0.153%	$172K	$35K	10x	as long as short
Hibachi BNB/USDT-P	+0.0152%	1h	799.05	+0.036%	$70K	$43K	12x	as long as short
Kalshi KXBNBPERP	+0.0154%	8h	799.00	+0.030%	$90K	$2.9M	4.8x	as long as short
RISEx BNB/USDC	+0.0155%	1h	798.61	−0.019%	$1.1M	$1.4M	20x	as long as short
Bulk BNB-USD	+0.0158%	1h	799.24	+0.060%	$649K	$14K	10x	as long as short
01 Exchange BNBUSD	+0.0208%	1h	798.90	+0.018%	$28K	$1K	10x	as long as short
BloFin BNB-USDT	+0.0215%	8h	799.13	+0.046%	$18.1M	$2.5M	75x	as long as short
dYdX BNB-USD	+0.0275%	1h	798.21	−0.069%	$161K	$63K	10x	as long as short
Hyperliquid BNB	+0.0292%	1h	799.01	+0.031%	$52.5M	$20.8M	10x	as long as short
Backpack BNB_USDC_PERP	+0.0299%	1h	799.08	+0.040%	$2.7M	$5.7M	40x	as long as short
Reya BNBRUSDPERP	+0.0331%	1h	797.72	−0.130%	$6K	$3K	40x	as long as short