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

BNB

all BNB markets
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Alert: spread
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Funding you earn now, next payment 02:00 UTC+0.0052%/8h= +5.7% APRpaid last 24h +0.004%
Price spread now: SunX against Coinbase International−0.167%7-day average +0.091% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$660.663% of the position
Long on Coinbase InternationalShort on SunX
What this pair did over the last
the charts below follow
Funding, last 7 days+0.115%+$12 on $10k
Price spread, last 3 days (all we have)+0.275%+$27 · spread now −0.167%, 7d avg +0.091%
Together, before fees+0.390%+$39 on $10k · with fees, hour by hour
Funding pays, the price is against you. SunX is 0.257% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.167% now, against its 7-day average of +0.091%). If the spread goes back, that is −$26 on $10k: about 17 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International BNB-PERP-INTX789.660.0048pay 0.0006% / 1h56m 24s$619K$1.8M50x
ShortSunX BNB-USDT788.350.0100get 0.0100% / 8h5h 56m$12K$1.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Coinbase International. 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
$10.92
Price spread: −0.167% → +0.091%
−$25.74
Slippage, 4 orders
−$48.31
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$81.13
Costs to cover
0.663%
Break-even
59.0 days
Slippage from Coinbase International: live order book, 2 min ago; SunX: live order book, 9 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 Coinbase International live order book, 2 min ago1.65 bp7.7 bp −$812.7 bp −$127doesn't fitdoesn't fit
Sell SunX live order book, 9 min ago18.07 bp22.1 bp −$2238.1 bp −$381doesn't fitdoesn't fit

BNB on 45 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 −0.0167% / S +0.0335%1h787.67−0.252%$46K—200xas long as short
Hotstuff BNB-PERP−0.0080%1h790.01+0.044%$4K$23925xas long as short
StandX BNB-USD0.0000%1h789.36−0.038%$853K$3.2M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h789.33−0.042%$9.6M—150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.954%$19K$789K30xas long as short
Aster BNBUSDT+0.0034%8h789.36−0.039%$6.2M$18.7M200xas long as short
Coinbase International BNB-PERP-INTXlong+0.0048%1h789.66long leg$619K$1.8M50x
BingX BNB-USDC+0.0051%8h788.85−0.103%—$13.4M—as long as short
Variational Omni BNB+0.0062%8h789.21−0.057%$4.1M$4.8M—as long as short
Phemex BNBUSDT+0.0064%8h788.18−0.187%$69.0M$50.8M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BNB_USDT+0.0069%8h790.30+0.081%$80.5M$12.3M200xas long as short
Binance BNBUSDT+0.0069%8h790.23+0.072%$494.8M$809.0M75xas long as short
Gate BNB_USDT+0.0081%8h789.15−0.065%$35.5M$56.2M75xas long as short
Phoenix BNB+0.0088%1h789.72+0.008%$170K$34K10xas long as short
Kraken Futures PF_BNBUSD+0.0091%1h787.61−0.260%$2.5M$1.2M50xas long as short
Lighter BNB+0.0096%1h789.17−0.062%$2.8M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.59−0.262%$381K$380K50xas long as short
Nado BNB-PERP+0.0100%1h789.05−0.077%$1.5M$2.6M20xas long as short
Pacifica BNB+0.0100%1h789.42−0.030%$1.2M$909K20xas long as short
Bybit BNBUSDT+0.0100%8h789.45−0.027%$138.9M$78.2M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h789.60−0.008%$53.4M$112.6M50xas long as short
Arcus BNB-USD+0.0100%1h789.80+0.018%$52K$135K10xas long as short
KuCoin BNBUSDTM+0.0100%8h789.42−0.030%$27.8M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h789.30−0.046%$77.0M$30.0M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h788.37−0.163%$2.2M$6.1M40xas long as short
edgeX BNBUSDC+0.0100%4h789.88+0.028%$4.1M$77.4M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h789.78+0.015%$159K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h789.46−0.025%$137K$945K10xas long as short
Derive BNB-PERP+0.0100%1h787.76−0.240%$31K$9K10xas long as short
SunX BNB-USDTshort+0.0100%8h788.35−0.167%$12K$1.6M50x
HTX BNB-USDT+0.0100%8h788.81−0.107%$8.1M$9.0M75xas long as short
Paradex BNB-USD-PERP+0.0102%8h790.13+0.060%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h789.26−0.050%$1.8M$6.0M50xas long as short
Aevo BNB-PERP+0.0104%1h787.63−0.257%$378K$110K10xas long as short
GRVT BNB_USDT_Perp+0.0105%8h789.83+0.022%$2.9M$28.3M10xas long as short
Hyperliquid BNB+0.0105%1h790.04+0.048%$51.8M$18.7M10xas long as short
SoDEX BNB-USD+0.0138%1h787.70−0.248%$387K$1.0M10xas long as short
Kalshi KXBNBPERP+0.0176%8h787.90−0.223%$91K$2.8M4.8xas long as short
dYdX BNB-USD+0.0275%1h788.97−0.088%$160K$64K10xas long as short
Bulk BNB-USD+0.0298%1h789.80+0.018%$640K$13K10xas long as short
01 Exchange BNBUSD+0.0320%1h790.24+0.073%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0328%1h789.25−0.052%$6K$3K40xas long as short
RISEx BNB/USDC+0.0361%1h789.95+0.037%$1.1M$1.1M20xas long as short
Deribit BNB_USDC-PERPETUAL+0.0400%1h788.12−0.196%$1.5M$160K25xas long as short
Hibachi BNB/USDT-P+0.0536%1h788.90−0.097%$67K$39K12xas long as short