BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0114%/8h= +12.5% APRnext payment +$1.14 per $10,000 · paid last 24h +0.009%

Price spread now: SunX against Bybit+0.095%7-day average +0.106% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$590.585% of the position

Long on Bybit Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.114%+$11 on $10k

Price spread, last 3 days (all we have)−0.060%−$6 · spread now +0.095%, 7d avg +0.106%

Together, before fees+0.053%+$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.106%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BNBUSDT	798.50	−0.0014	get 0.0014% / 8h	7h 27m	$138.7M	$75.5M	75x
Short	SunX BNB-USDT	799.26	0.0100	get 0.0100% / 8h	7h 27m	$13K	$1.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Bybit. 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 BybitbpFee SunXbpOrdersPrice spread, now +0.095%Rate

Funding earned: $23.95
Price spread: +0.095% → +0.106%: −$1.05
Slippage, 4 orders: −$39.54
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee SunX: 4 bp × 2 orders: −$8
Net: −$35.65
Costs to cover: 0.585%
Break-even: 17.4 days

Slippage from Bybit: live order book, 2 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 Bybit live order book, 2 min ago	0.63 bp	7.0 bp −$7	9.4 bp −$94	25.6 bp −$2,555	171.4 bp −$85.7K
Sell SunX live order book, 8 min ago	15.06 bp	23.4 bp −$23	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 −0.0159% / S +0.0334%	1h	798.72	+0.028%	$47K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0121%	1h	798.69	+0.024%	$2.5M	$1.0M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	799.51	+0.126%	$4K	$239	25x	as long as short
BingX BNB-USDC	−0.0028%	8h	799.36	+0.108%	—	$13.3M	—	as long as short
Bybit BNBUSDTlong	−0.0014%	8h	798.50	long leg	$138.7M	$75.5M	75x
GRVT BNB_USDT_Perp	0.0000%	8h	799.48	+0.123%	$3.0M	$27.5M	10x	as long as short
StandX BNB-USD	0.0000%	1h	799.70	+0.150%	$864K	$2.9M	30x	as long as short
Gate BNB_USDT	+0.0001%	8h	798.65	+0.019%	$35.8M	$56.4M	75x	as long as short
Variational Omni BNB	+0.0003%	8h	798.43	−0.009%	$4.1M	$5.2M	—	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	798.83	+0.041%	$9.7M	—	150x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex BNBUSDT	+0.0020%	8h	799.44	+0.118%	$69.8M	$50.2M	50x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+0.825%	$19K	$789K	30x	as long as short
Coinbase International BNB-PERP-INTX	+0.0048%	1h	799.12	+0.078%	$615K	$1.1M	50x	as long as short
Aster BNBUSDT	+0.0060%	8h	799.29	+0.099%	$6.2M	$19.2M	200x	as long as short
Binance BNBUSDT	+0.0081%	8h	799.26	+0.095%	$495.9M	$809.5M	75x	as long as short
MEXC BNB_USDT	+0.0082%	8h	799.80	+0.163%	$83.2M	$13.6M	200x	as long as short
Lighter BNB	+0.0096%	1h	798.96	+0.058%	$2.8M	$4.0M	20x	as long as short
Phoenix BNB	+0.0099%	1h	798.91	+0.051%	$172K	$36K	10x	as long as short
Nado BNB-PERP	+0.0100%	1h	798.61	+0.013%	$1.5M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	799.10	+0.075%	$1.2M	$924K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	798.60	+0.013%	$54.3M	$111.0M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	799.20	+0.088%	$53K	$133K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	798.90	+0.050%	$27.9M	$10.1M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	798.48	−0.003%	$78.8M	$27.8M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	798.99	+0.062%	$4.2M	$76.2M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	798.82	+0.040%	$161K	$436K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	798.89	+0.049%	$117K	$878K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	798.74	+0.030%	$386K	$458K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	798.85	+0.044%	$32K	$5K	10x	as long as short
SunX BNB-USDTshort	+0.0100%	8h	799.26	+0.095%	$13K	$1.6M	50x
SoDEX BNB-USD	+0.0100%	1h	798.90	+0.050%	$393K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	798.70	+0.024%	$8.2M	$8.3M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	799.53	+0.129%	$78K	$18K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	798.38	−0.015%	$1.8M	$6.3M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	798.73	+0.029%	$384K	$110K	10x	as long as short
Bulk BNB-USD	+0.0127%	1h	799.28	+0.097%	$649K	$10K	10x	as long as short
RISEx BNB/USDC	+0.0155%	1h	798.96	+0.057%	$1.1M	$1.4M	20x	as long as short
Kalshi KXBNBPERP	+0.0155%	8h	799.40	+0.113%	$90K	$2.8M	4.8x	as long as short
Hibachi BNB/USDT-P	+0.0200%	1h	799.61	+0.139%	$69K	$38K	12x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	799.17	+0.084%	$1.6M	$161K	25x	as long as short
BloFin BNB-USDT	+0.0201%	8h	799.28	+0.098%	$18.1M	$2.6M	75x	as long as short
01 Exchange BNBUSD	+0.0208%	1h	799.57	+0.134%	$28K	$1K	10x	as long as short
dYdX BNB-USD	+0.0225%	1h	799.33	+0.104%	$161K	$63K	10x	as long as short
Hyperliquid BNB	+0.0307%	1h	799.84	+0.168%	$53.2M	$20.7M	10x	as long as short
Reya BNBRUSDPERP	+0.0330%	1h	798.56	+0.008%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0394%	1h	800.10	+0.200%	$2.7M	$5.7M	40x	as long as short