Funding you earn now, next payment 00:00 UTC+0.0137%/8h= +15.1% APRnext payment +$1.37 per $10,000 · paid last 24h +0.047%
Price spread now: BloFin against SunX−0.034%55s7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$600.596% of the position
Funding, last 7 days+0.150%+$15 on $10k
+Price spread, last 3 days (all we have)+0.054%+$5 · spread now −0.034%, 7d avg +0.010%
=Funding pays, the price is against you. BloFin is 0.044% cheaper against SunX than usual: you would sell low and buy high (spread −0.034% now, against its 7-day average of +0.010%). If the spread goes back, that is −$4 on $10k: about 26 hours of funding at the current rate (+$4 a day). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX BNB-USDT | 800.77 | 0.0100 | pay 0.0100% / 8h | 1h 14m | $13K | $1.7M | 50x |
| Short | BloFin BNB-USDT | 800.50 | 0.0237 | get 0.0237% / 8h | 1h 14m | $18.3M | $2.5M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against SunX. 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
- $28.87
- Price spread: −0.034% → +0.010%
- −$4.4
- Slippage, 4 orders
- −$39.59
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$35.11
- Costs to cover
- 0.596%
- Break-even
- 15.5 days
Slippage from SunX: live order book, 11 min ago; BloFin: live order book, 5 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 SunX live order book, 11 min ago | 15.06 bp | 23.6 bp −$24 | 38.8 bp −$388 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 0.06 bp | 6.1 bp −$6 | 7.5 bp −$75 | 15.6 bp −$1,556 | 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 | 800.09 | −0.084% | $48K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 800.55 | −0.027% | $4K | $1K | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 800.94 | +0.021% | $3.0M | $29.4M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 800.90 | +0.016% | $147K | $2.8M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 800.90 | +0.016% | $866K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 800.17 | −0.075% | $9.7M | — | 150x | as long as short |
| Variational Omni BNB | +0.0035% | 8h | 799.95 | −0.102% | $4.1M | $5.3M | — | as long as short |
| BingX BNB-USDT | +0.0059% | 8h | 800.17 | −0.075% | — | $34.9M | — | as long as short |
| Bybit BNBUSDT | +0.0069% | 8h | 799.73 | −0.130% | $139.2M | $79.8M | 75x | as long as short |
| Lighter BNB | +0.0096% | 1h | 800.47 | −0.038% | $2.8M | $4.2M | 20x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BNB-PERP-INTX | +0.0096% | 1h | 801.17 | +0.050% | $610K | $995K | 50x | as long as short |
| Aster BNBUSDT | +0.0097% | 8h | 800.75 | −0.002% | $6.3M | $19.0M | 200x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 799.87 | −0.113% | $1.4M | $2.8M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 800.38 | −0.049% | $1.2M | $926K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 799.90 | −0.109% | $54.6M | $115.5M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 800.50 | −0.034% | $53K | $151K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 799.90 | −0.109% | $35.7M | $58.6M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 799.99 | −0.097% | $28.0M | $10.5M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 799.87 | −0.112% | $80.9M | $26.6M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 801.22 | +0.056% | $4.2M | $77.6M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 800.94 | +0.021% | $161K | $443K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 800.11 | −0.082% | $121K | $877K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 800.14 | −0.079% | $387K | $527K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 800.31 | −0.057% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDTlong | +0.0100% | 8h | 800.77 | long leg | $13K | $1.7M | 50x | |
| SoDEX BNB-USD | +0.0100% | 1h | 800.30 | −0.059% | $393K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 800.55 | −0.027% | $8.2M | $7.9M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 800.76 | −0.002% | $78K | $19K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 799.68 | −0.136% | $1.8M | $6.1M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 800.20 | −0.071% | $384K | $40K | 10x | as long as short |
| Binance BNBUSDT | +0.0117% | 8h | 800.79 | +0.002% | $503.0M | $817.9M | 75x | as long as short |
| MEXC BNB_USDT | +0.0117% | 8h | 801.30 | +0.066% | $83.3M | $13.8M | 200x | as long as short |
| Phemex BNBUSDT | +0.0119% | 8h | 800.73 | −0.005% | $70.0M | $51.8M | 50x | as long as short |
| Phoenix BNB | +0.0155% | 1h | 801.63 | +0.107% | $172K | $35K | 10x | as long as short |
| Hibachi BNB/USDT-P | +0.0192% | 1h | 800.13 | −0.081% | $71K | $48K | 12x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 800.54 | −0.028% | $1.6M | $165K | 25x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0207% | 1h | 800.11 | −0.083% | $2.6M | $971K | 50x | as long as short |
| BloFin BNB-USDTshort | +0.0237% | 8h | 800.50 | −0.034% | $18.3M | $2.5M | 75x | |
| Injective BNB/USDC PERP | +0.0311% | 1h | 805.09 | +0.539% | $19K | $789K | 30x | as long as short |
| dYdX BNB-USD | +0.0314% | 1h | 799.94 | −0.104% | $161K | $62K | 10x | as long as short |
| Bulk BNB-USD | +0.0314% | 1h | 802.70 | +0.241% | $652K | $21K | 10x | as long as short |
| Hyperliquid BNB | +0.0318% | 1h | 801.12 | +0.044% | $51.8M | $21.9M | 10x | as long as short |
| RISEx BNB/USDC | +0.0318% | 1h | 800.37 | −0.050% | $1.1M | $1.4M | 20x | as long as short |
| 01 Exchange BNBUSD | +0.0320% | 1h | 800.86 | +0.011% | $28K | $1K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0332% | 1h | 799.76 | −0.127% | $6K | $3K | 40x | as long as short |
| Backpack BNB_USDC_PERP | +0.0588% | 1h | 801.02 | +0.031% | $2.7M | $5.7M | 40x | as long as short |
SunX BNB-USDT
BloFin BNB-USDT
GMX BNB/USD [WBTC.b-USDC]
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Variational Omni BNB
BingX BNB-USDT
Bybit BNBUSDT
Lighter BNB
Coinbase International BNB-PERP-INTX
Aster BNBUSDT
Pacifica BNB
OKX BNB-USDT-SWAP
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
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
Binance BNBUSDT
MEXC BNB_USDT
Phemex BNBUSDT
Phoenix BNB
Deribit BNB_USDC-PERPETUAL
Kraken Futures PF_BNBUSD
Injective BNB/USDC PERP
Bulk BNB-USD
Hyperliquid BNB
RISEx BNB/USDC
01 Exchange BNBUSD
Backpack BNB_USDC_PERP