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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BNB-USDC | 788.10 | 0.0040 | pay 0.0040% / 8h | 3h 26m | — | $13.4M | — |
| Short | SunX BNB-USDT | 788.33 | 0.0100 | get 0.0100% / 8h | 3h 26m | $12K | $1.5M | 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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 11 min ago | 0.32 bp | 6.6 bp −$7 | 9.7 bp −$97 | 22.2 bp −$2,220 | 69.3 bp −$34.6K |
| Sell SunX live order book, 8 min ago | 15.06 bp | 23.7 bp −$24 | 30.6 bp −$306 | 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 −0.0192% / S +0.0356% | 1h | 787.81 | −0.037% | $46K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0124% | 1h | 787.68 | −0.053% | $2.5M | $1.2M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 787.95 | −0.019% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 788.76 | +0.084% | $851K | $3.1M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 787.80 | −0.038% | $9.5M | — | 150x | as long as short |
| Aster BNBUSDT | +0.0027% | 8h | 788.39 | +0.037% | $6.1M | $18.7M | 200x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.156% | $19K | $789K | 30x | as long as short |
| BingX BNB-USDClong | +0.0040% | 8h | 788.10 | long leg | — | $13.4M | — | |
| MEXC BNB_USDT | +0.0046% | 8h | 788.80 | +0.089% | $80.0M | $12.0M | 200x | as long as short |
| Binance BNBUSDT | +0.0046% | 8h | 788.31 | +0.027% | $491.6M | $798.5M | 75x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex BNBUSDT | +0.0048% | 8h | 788.33 | +0.029% | $69.0M | $50.6M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0072% | 1h | 790.26 | +0.274% | $580K | $1.9M | 50x | as long as short |
| Phoenix BNB | +0.0092% | 1h | 788.66 | +0.071% | $169K | $35K | 10x | as long as short |
| dYdX BNB-USD | +0.0096% | 1h | 787.88 | −0.028% | $159K | $64K | 10x | as long as short |
| Lighter BNB | +0.0096% | 1h | 788.01 | −0.012% | $2.7M | $3.8M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 787.81 | −0.037% | $265K | $492K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 787.65 | −0.057% | $1.5M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 788.46 | +0.046% | $51.7M | $17.5M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 788.12 | +0.003% | $1.2M | $933K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 787.69 | −0.052% | $138.6M | $73.8M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 787.70 | −0.051% | $53.5M | $111.6M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 788.00 | −0.013% | $52K | $133K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 787.75 | −0.044% | $35.9M | $57.6M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 787.49 | −0.077% | $27.6M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 787.71 | −0.049% | $76.3M | $30.5M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 788.21 | +0.014% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 788.21 | +0.014% | $4.1M | $4.8M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 788.44 | +0.044% | $4.1M | $73.7M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 788.63 | +0.067% | $159K | $442K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 787.66 | −0.056% | $130K | $951K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 787.92 | −0.023% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDTshort | +0.0100% | 8h | 788.33 | +0.029% | $12K | $1.5M | 50x | |
| SoDEX BNB-USD | +0.0100% | 1h | 788.00 | −0.013% | $387K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 788.16 | +0.008% | $8.1M | $9.6M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 788.15 | +0.006% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 787.42 | −0.086% | $1.9M | $6.3M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 787.80 | −0.038% | $378K | $110K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0125% | 8h | 788.30 | +0.025% | $126K | $2.7M | 4.8x | as long as short |
| BloFin BNB-USDT | +0.0166% | 8h | 788.40 | +0.038% | $18.0M | $2.2M | 75x | as long as short |
| GRVT BNB_USDT_Perp | +0.0174% | 8h | 788.73 | +0.080% | $2.9M | $28.7M | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 788.25 | +0.020% | $1.5M | $143K | 25x | as long as short |
| Bulk BNB-USD | +0.0219% | 1h | 788.52 | +0.053% | $639K | $9K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0240% | 1h | 788.30 | +0.025% | $28K | $4K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0325% | 1h | 787.54 | −0.072% | $6K | $3K | 40x | as long as short |
| Hibachi BNB/USDT-P | +0.0416% | 1h | 788.23 | +0.017% | $67K | $39K | 12x | as long as short |
| RISEx BNB/USDC | +0.0431% | 1h | 788.12 | +0.002% | $1.1M | $893K | 20x | as long as short |
BingX BNB-USDC
SunX BNB-USDT
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Aster BNBUSDT
Injective BNB/USDC PERP
MEXC BNB_USDT
Binance BNBUSDT
Phemex BNBUSDT
Coinbase International BNB-PERP-INTX
Phoenix BNB
Lighter BNB
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Kalshi KXBNBPERP
BloFin BNB-USDT
GRVT BNB_USDT_Perp
Deribit BNB_USDC-PERPETUAL
Bulk BNB-USD
01 Exchange BNBUSD
RISEx BNB/USDC