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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0122%/8h= −13.4% APRpaid last 24h −0.047%
Price spread now: Pacifica against BloFin+0.011%94s7-day average −0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$250.249% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.143%−$14 on $10k
Price spread, last 3 days (all we have)+0.102%+$10 · spread now +0.011%, 7d avg −0.055%
Together, before fees−0.041%+ Points / potential airdropPacifica: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Pacifica is 0.066% dearer against BloFin than usual: you sell high and buy low (spread +0.011% now, against its 7-day average of −0.055%): +$7 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 43 hours. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin BNB-USDT802.790.0222pay 0.0222% / 8h2h 47m$18.8M$3.1M75x
ShortPacifica BNB802.880.0100get 0.0013% / 1h47m 43s$1.2M$923K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against BloFin. 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
−$25.7
Price spread: +0.011% → −0.055%
$6.62
Slippage, 4 orders
−$4.94
Fee BloFin: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$44.02
Costs to cover
0.249%
Break-even
never at this rate
Slippage from BloFin: live order book, 6 min ago; Pacifica: live order book, 1 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 BloFin live order book, 6 min ago0.12 bp6.2 bp −$66.7 bp −$6712.9 bp −$1,288doesn't fit
Sell Pacifica live order book, 1 min ago0.69 bp4.8 bp −$5doesn't fitdoesn'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 −0.0195% / S +0.0371%1h802.58−0.026%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h802.66−0.016%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h803.08+0.036%$3.0M$30.0M10xas long as short
Kalshi KXBNBPERP0.0000%8h803.30+0.064%$116K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h803.05+0.032%$868K$3.0M30xas long as short
Deribit BNB_USDC-PERPETUAL0.0000%1h803.13+0.042%$1.6M$167K25xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h802.61−0.023%$9.7M150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h802.89+0.012%$2.5M$916K50xas long as short
Variational Omni BNB+0.0063%8h802.15−0.079%$4.1M$5.3Mas long as short
BingX BNB-USDC+0.0070%8h802.52−0.034%$13.3Mas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0086%8h803.20+0.051%$6.4M$18.9M200xas long as short
Coinbase International BNB-PERP-INTX+0.0088%1h803.99+0.149%$608K$890K50xas long as short
Bybit BNBUSDT+0.0094%8h802.01−0.097%$138.7M$82.8M75xas long as short
Lighter BNB+0.0096%1h802.790.000%$2.8M$4.2M20xas long as short
Nado BNB-PERP+0.0100%1h802.25−0.068%$1.4M$2.8M20xas long as short
Pacifica BNBshort+0.0100%1h802.88+0.011%$1.2M$923K20x
OKX BNB-USDT-SWAP+0.0100%8h802.50−0.036%$54.9M$115.1M50xas long as short
Arcus BNB-USD+0.0100%1h802.70−0.011%$52K$161K10xas long as short
Gate BNB_USDT+0.0100%8h802.45−0.042%$35.9M$58.2M75xas long as short
KuCoin BNBUSDTM+0.0100%8h802.53−0.032%$28.1M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h802.35−0.055%$78.9M$24.5M75xas long as short
edgeX BNBUSDC+0.0100%4h803.76+0.121%$4.2M$76.8M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h803.32+0.066%$158K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h802.45−0.042%$118K$869K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h802.72−0.009%$388K$593K50xas long as short
Derive BNB-PERP+0.0100%1h802.85+0.008%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h803.12+0.041%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h802.70−0.011%$395K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h802.37−0.052%$8.2M$7.4M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h803.45+0.082%$78K$19K50xas long as short
MEXC BNB_USDT+0.0101%8h803.70+0.113%$84.3M$13.5M200xas long as short
Binance BNBUSDT+0.0102%8h803.30+0.064%$518.1M$806.7M75xas long as short
Extended BNB-USD+0.0104%1h802.36−0.054%$1.9M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h802.83+0.005%$386K$40K10xas long as short
Phemex BNBUSDT+0.0121%8h803.10+0.039%$70.1M$51.6M50xas long as short
Phoenix BNB+0.0125%1h803.11+0.040%$173K$35K10xas long as short
Bulk BNB-USD+0.0161%1h803.45+0.082%$649K$11K10xas long as short
Hyperliquid BNB+0.0162%1h803.30+0.064%$51.6M$21.3M10xas long as short
RISEx BNB/USDC+0.0209%1h803.05+0.033%$1.1M$1.4M20xas long as short
dYdX BNB-USD+0.0209%1h802.35−0.055%$170K$55K10xas long as short
BloFin BNB-USDTlong+0.0222%8h802.79long leg$18.8M$3.1M75x
Hibachi BNB/USDT-P+0.0248%1h802.53−0.033%$71K$48K12xas long as short
01 Exchange BNBUSD+0.0312%1h803.48+0.086%$28K$1K10xas long as short
Reya BNBRUSDPERP+0.0335%1h802.26−0.066%$6K$3K40xas long as short
Injective BNB/USDC PERP+0.0353%1h804.92+0.265%$19K$526K30xas long as short
Backpack BNB_USDC_PERP+0.0698%1h803.87+0.135%$3.0M$5.3M40xas long as short