Funding you earn now, next payment 06:00 UTC+0.0332%/8h= +36.4% APRpaid last 24h +0.029%
Price spread now: RISEx against SunX−0.030%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$530.532% of the position
Funding, last 4 days (all we have)+0.118%+$12 on $10k
+Price spread, last 4 days (all we have)+0.081%+$8 · spread now −0.030%, 7d avg −0.052%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and RISEx is 0.022% dearer against SunX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.052%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.118% in total (about 11.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX BNB-USDT | 788.48 | 0.0100 | pay 0.0100% / 8h | 2h 01m | $12K | $1.5M | 50x |
| Short | RISEx BNB/USDC | 788.25 | 0.0432 | get 0.0054% / 1h | 1m 56s | $1.1M | $910K | 20x |
SunX BNB-USDT
RISEx BNB/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $69.8
- Price spread: −0.030% → −0.052%
- $2.18
- Slippage, 4 orders
- −$39.21
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $18.78
- Costs to cover
- 0.532%
- Break-even
- 5.1 days
Slippage from SunX: live order book, 3 min ago; RISEx: live order book, 2 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, 3 min ago | 15.07 bp | 22.0 bp −$22 | 30.0 bp −$300 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 2 min ago | 0.82 bp | 3.8 bp −$4 | 8.8 bp −$88 | 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 −0.0192% / S +0.0356% | 1h | 787.82 | −0.085% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 788.88 | +0.050% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 789.04 | +0.071% | $851K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 787.87 | −0.078% | $9.5M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.106% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0045% | 8h | 788.59 | +0.013% | $6.1M | $19.0M | 200x | as long as short |
| BingX BNB-USDT | +0.0053% | 8h | 788.09 | −0.050% | — | $22.2M | — | as long as short |
| Phemex BNBUSDT | +0.0065% | 8h | 788.54 | +0.007% | $69.0M | $50.9M | 50x | as long as short |
| Binance BNBUSDT | +0.0067% | 8h | 788.59 | +0.014% | $490.9M | $816.5M | 75x | as long as short |
| MEXC BNB_USDT | +0.0067% | 8h | 788.90 | +0.053% | $81.0M | $12.1M | 200x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
Aster BNBUSDT
BingX BNB-USDT
Phemex BNBUSDT
Binance BNBUSDT
MEXC BNB_USDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BNBUSD | +0.0069% | 1h | 787.82 | −0.084% | $2.5M | $1.2M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0080% | 1h | 788.38 | −0.013% | $569K | $1.9M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 788.14 | −0.043% | $2.7M | $3.8M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 787.88 | −0.077% | $265K | $471K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 787.85 | −0.080% | $1.4M | $2.7M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 788.66 | +0.022% | $51.6M | $17.6M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 788.20 | −0.036% | $1.2M | $933K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 787.95 | −0.068% | $138.6M | $75.1M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 787.90 | −0.074% | $53.6M | $113.2M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 788.20 | −0.036% | $52K | $129K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 788.00 | −0.061% | $36.9M | $59.7M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 787.68 | −0.102% | $27.7M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 787.64 | −0.107% | $76.2M | $31.1M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 788.30 | −0.023% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 788.41 | −0.009% | $4.0M | $4.8M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 789.04 | +0.071% | $4.1M | $76.0M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 788.84 | +0.045% | $159K | $436K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 787.86 | −0.079% | $132K | $951K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 788.08 | −0.051% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDTlong | +0.0100% | 8h | 788.48 | long leg | $12K | $1.5M | 50x | |
| HTX BNB-USDT | +0.0100% | 8h | 788.14 | −0.044% | $8.0M | $10.1M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0101% | 8h | 788.21 | −0.035% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 787.62 | −0.110% | $1.8M | $6.2M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 787.98 | −0.064% | $379K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0107% | 1h | 788.92 | +0.055% | $170K | $35K | 10x | as long as short |
| SoDEX BNB-USD | +0.0110% | 1h | 788.00 | −0.061% | $387K | $988K | 10x | as long as short |
| dYdX BNB-USD | +0.0129% | 1h | 787.75 | −0.093% | $160K | $62K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0145% | 8h | 788.40 | −0.011% | $164K | $2.7M | 4.8x | as long as short |
| BloFin BNB-USDT | +0.0187% | 8h | 788.60 | +0.015% | $17.7M | $2.2M | 75x | as long as short |
| GRVT BNB_USDT_Perp | +0.0224% | 8h | 788.87 | +0.049% | $2.9M | $29.5M | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 788.35 | −0.017% | $1.5M | $143K | 25x | as long as short |
| 01 Exchange BNBUSD | +0.0312% | 1h | 788.60 | +0.015% | $28K | $4K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0323% | 1h | 787.78 | −0.089% | $6K | $3K | 40x | as long as short |
| Bulk BNB-USD | +0.0339% | 1h | 788.57 | +0.011% | $639K | $4K | 10x | as long as short |
| RISEx BNB/USDCshort | +0.0432% | 1h | 788.25 | −0.030% | $1.1M | $910K | 20x | |
| Hibachi BNB/USDT-P | +0.0560% | 1h | 788.28 | −0.026% | $67K | $39K | 12x | as long as short |
Kraken Futures PF_BNBUSD
Coinbase International BNB-PERP-INTX
Lighter BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
SoDEX BNB-USD
dYdX BNB-USD
Kalshi KXBNBPERP
BloFin BNB-USDT
GRVT BNB_USDT_Perp
Deribit BNB_USDC-PERPETUAL
01 Exchange BNBUSD
Reya BNBRUSDPERP
Bulk BNB-USD
Hibachi BNB/USDT-P