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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against KuCoin+0.125%7-day average +0.087% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$670.671% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.033%+$3 on $10k
Price spread, last 4 days (all we have)−0.116%−$12 · spread now +0.125%, 7d avg +0.087%
Together, before fees−0.083%−$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.038% dearer against KuCoin than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.087%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BNBUSDTM786.240.0100pay 0.0100% / 8h1h 43m$27.7M$10.2M75x
ShortSunX BNB-USDT787.220.0100get 0.0100% / 8h1h 43m$13K$1.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against KuCoin. 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
$0
Price spread: +0.125% → +0.087%
$3.78
Slippage, 4 orders
−$47.05
Fee KuCoin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$63.27
Costs to cover
0.671%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; SunX: live order book, 11 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 KuCoin live order book, 5 min ago0.57 bp8.3 bp −$818.6 bp −$18655.6 bp −$5,556doesn't fit
Sell SunX live order book, 11 min ago15.07 bp23.7 bp −$2439.0 bp −$390doesn'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 −0.0170% / S +0.0337%1h786.64+0.051%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h786.54+0.038%$4K$4225xas long as short
StandX BNB-USD0.0000%1h786.82+0.074%$849K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h786.74+0.064%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.397%$19K$789K30xas long as short
Aster BNBUSDT+0.0049%8h787.06+0.104%$6.1M$19.0M200xas long as short
BingX BNB-USDC+0.0054%8h786.78+0.069%$13.4Mas long as short
MEXC BNB_USDT+0.0066%8h787.60+0.173%$81.0M$12.0M200xas long as short
Binance BNBUSDT+0.0067%8h787.22+0.125%$490.4M$816.7M75xas long as short
dYdX BNB-USD+0.0068%1h786.47+0.029%$159K$62K10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0076%8h787.11+0.111%$68.9M$51.0M50xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h786.88+0.081%$568K$1.9M50xas long as short
Lighter BNB+0.0096%1h786.56+0.040%$2.7M$3.8M20xas long as short
Nado BNB-PERP+0.0100%1h786.50+0.033%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h786.68+0.056%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h786.64+0.051%$138.5M$75.3M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h786.60+0.046%$53.5M$113.1M50xas long as short
Arcus BNB-USD+0.0100%1h787.00+0.097%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h786.80+0.071%$37.2M$58.9M75xas long as short
KuCoin BNBUSDTMlong+0.0100%8h786.24long leg$27.7M$10.2M75x
Bitget BNBUSDT+0.0100%8h786.46+0.028%$76.1M$31.1M75xas long as short
Variational Omni BNB+0.0100%8h785.91−0.042%$4.0M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h786.84+0.076%$4.1M$76.1M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h787.08+0.107%$158K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h786.67+0.055%$131K$949K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h786.61+0.047%$265K$470K50xas long as short
Derive BNB-PERP+0.0100%1h786.82+0.074%$31K$12K10xas long as short
SunX BNB-USDTshort+0.0100%8h787.22+0.125%$13K$1.5M50x
SoDEX BNB-USD+0.0100%1h786.70+0.059%$387K$984K10xas long as short
HTX BNB-USDT+0.0100%8h786.97+0.093%$8.0M$10.1M75xas long as short
Paradex BNB-USD-PERP+0.0101%8h786.99+0.096%$76K$17K50xas long as short
Extended BNB-USD+0.0104%1h786.48+0.030%$1.8M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h786.63+0.049%$378K$110K10xas long as short
Backpack BNB_USDC_PERP+0.0116%1h786.92+0.086%$2.2M$6.1M40xas long as short
Hyperliquid BNB+0.0117%1h786.96+0.092%$51.5M$17.6M10xas long as short
Phoenix BNB+0.0135%1h786.68+0.056%$169K$35K10xas long as short
Kalshi KXBNBPERP+0.0140%8h787.30+0.135%$170K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0187%8h787.52+0.163%$17.8M$2.2M75xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h787.02+0.099%$1.5M$143K25xas long as short
Kraken Futures PF_BNBUSD+0.0206%1h786.50+0.033%$2.5M$1.2M50xas long as short
GRVT BNB_USDT_Perp+0.0227%8h787.04+0.102%$2.9M$29.5M10xas long as short
01 Exchange BNBUSD+0.0264%1h787.34+0.140%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0322%1h786.41+0.021%$6K$3K40xas long as short
Bulk BNB-USD+0.0328%1h787.20+0.122%$638K$4K10xas long as short
RISEx BNB/USDC+0.0438%1h787.04+0.102%$1.1M$914K20xas long as short
Hibachi BNB/USDT-P+0.0552%1h787.31+0.137%$67K$39K12xas long as short