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: Orderly against SunX−0.072%7-day average −0.044% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.078%+$8 · spread now −0.072%, 7d avg −0.044%
Together, before fees+0.078%+$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: Orderly is 0.028% cheaper against SunX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BNB-USDT789.970.0100pay 0.0100% / 8h4h 21m$12K$1.5M50x
ShortOrderly PERP_BNB_USDC789.400.0100get 0.0100% / 8h4h 21m$266K$492K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against SunX. 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
−$0.01
Price spread: −0.072% → −0.044%
−$2.77
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$16.78
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 3 min ago; Orderly: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 3 min ago17.38 bp24.8 bp −$2540.2 bp −$402doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 −0.0187% / S +0.0351%1h789.31−0.083%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h789.71−0.033%$4K$4225xas long as short
StandX BNB-USD0.0000%1h789.55−0.053%$851K$3.2M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h789.31−0.084%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.914%$19K$789K30xas long as short
Aster BNBUSDT+0.0039%8h789.72−0.031%$6.1M$18.7M200xas long as short
BingX BNB-USDC+0.0052%8h789.20−0.097%$13.4Mas long as short
MEXC BNB_USDT+0.0063%8h790.10+0.017%$80.2M$12.4M200xas long as short
Binance BNBUSDT+0.0063%8h789.68−0.036%$492.8M$790.2M75xas long as short
Coinbase International BNB-PERP-INTX+0.0064%1h789.45−0.066%$582K$1.9M50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0065%8h789.78−0.024%$69.1M$50.0M50xas long as short
Lighter BNB+0.0096%1h789.27−0.088%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDCshort+0.0100%8h789.40−0.072%$266K$492K50x
Nado BNB-PERP+0.0100%1h789.20−0.097%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h789.76−0.026%$51.8M$17.5M10xas long as short
Pacifica BNB+0.0100%1h789.39−0.073%$1.2M$931K20xas long as short
Bybit BNBUSDT+0.0100%8h789.00−0.123%$138.8M$74.6M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h788.90−0.135%$53.4M$111.2M50xas long as short
Arcus BNB-USD+0.0100%1h789.30−0.085%$52K$130K10xas long as short
Gate BNB_USDT+0.0100%8h789.15−0.104%$35.5M$57.4M75xas long as short
KuCoin BNBUSDTM+0.0100%8h789.15−0.104%$27.9M$10.4M75xas long as short
Bitget BNBUSDT+0.0100%8h788.84−0.143%$76.3M$30.1M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h789.44−0.067%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h789.00−0.122%$4.1M$4.6Mas long as short
edgeX BNBUSDC+0.0100%4h789.71−0.033%$4.1M$73.3M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h790.13+0.021%$159K$440K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h788.97−0.126%$133K$950K10xas long as short
Derive BNB-PERP+0.0100%1h789.55−0.053%$31K$12K10xas long as short
SunX BNB-USDTlong+0.0100%8h789.97long leg$12K$1.5M50x
SoDEX BNB-USD+0.0100%1h789.50−0.059%$388K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h789.38−0.075%$8.1M$9.5M75xas long as short
Paradex BNB-USD-PERP+0.0101%8h789.83−0.017%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h788.69−0.161%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h789.32−0.083%$379K$110K10xas long as short
Phoenix BNB+0.0117%1h789.49−0.061%$170K$35K10xas long as short
dYdX BNB-USD+0.0128%1h789.35−0.078%$160K$64K10xas long as short
GRVT BNB_USDT_Perp+0.0148%8h789.970.000%$2.9M$28.6M10xas long as short
Kalshi KXBNBPERP+0.0178%8h789.80−0.021%$126K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0184%8h789.74−0.029%$18.1M$2.2M75xas long as short
Bulk BNB-USD+0.0222%1h790.13+0.020%$640K$9K10xas long as short
01 Exchange BNBUSD+0.0232%1h789.63−0.043%$28K$4K10xas long as short
Kraken Futures PF_BNBUSD+0.0263%1h789.04−0.118%$2.5M$1.2M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h789.80−0.021%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0326%1h788.90−0.136%$6K$3K40xas long as short
Hibachi BNB/USDT-P+0.0408%1h789.50−0.059%$67K$38K12xas long as short
RISEx BNB/USDC+0.0461%1h789.42−0.069%$1.1M$967K20xas long as short