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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0034%/8h= +3.7% APRpaid last 24h +0.003%
Price spread now: Pacifica against Bybit+0.037%7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$260.265% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.117%+$12 on $10k
Price spread, last 7 days+0.030%+$3 · spread now +0.037%, 7d avg +0.075%
Together, before fees+0.147%+ Points / potential airdropPacifica: Active · farm board+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.037% cheaper against Bybit than usual: you would sell low and buy high (spread +0.037% now, against its 7-day average of +0.075%). If the spread goes back, that is −$4 on $10k: about 3.7 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BNBUSDT801.700.0066pay 0.0066% / 8h58m 22s$139.3M$78.6M75x
ShortPacifica BNB802.000.0100get 0.0013% / 1h58m 22s$1.2M$926K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Bybit. 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
$7.09
Price spread: +0.037% → +0.075%
−$3.75
Slippage, 4 orders
−$7.46
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$23.11
Costs to cover
0.265%
Break-even
29.8 days
Slippage from Bybit: 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 Bybit live order book, 6 min ago0.63 bp7.4 bp −$79.4 bp −$9423.8 bp −$2,380142.6 bp −$71.3K
Sell Pacifica live order book, 1 min ago1.62 bp6.6 bp −$7doesn'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 −0.0201% / S +0.0372%1h801.85+0.019%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h802.08+0.047%$4K$1K25xas long as short
Kraken Futures PF_BNBUSD−0.0074%1h801.59−0.014%$2.6M$969K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h800.99−0.089%$3.0M$28.4M10xas long as short
StandX BNB-USD0.0000%1h802.01+0.039%$867K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h801.90+0.025%$9.8M150xas long as short
Variational Omni BNB+0.0031%8h800.04−0.207%$4.2M$5.4Mas long as short
BingX BNB-USDT+0.0052%8h802.03+0.041%$34.8Mas long as short
Bybit BNBUSDTlong+0.0066%8h801.70long leg$139.3M$78.6M75x
Coinbase International BNB-PERP-INTX+0.0072%1h800.72−0.122%$607K$998K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BNB+0.0096%1h802.05+0.043%$2.8M$4.1M20xas long as short
Nado BNB-PERP+0.0100%1h801.96+0.033%$1.4M$2.7M20xas long as short
Pacifica BNBshort+0.0100%1h802.00+0.037%$1.2M$926K20x
OKX BNB-USDT-SWAP+0.0100%8h801.80+0.012%$54.8M$113.9M50xas long as short
Arcus BNB-USD+0.0100%1h802.50+0.100%$53K$134K10xas long as short
Gate BNB_USDT+0.0100%8h801.90+0.025%$35.8M$57.3M75xas long as short
KuCoin BNBUSDTM+0.0100%8h802.03+0.041%$28.0M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h801.51−0.024%$79.7M$27.3M75xas long as short
edgeX BNBUSDC+0.0100%4h800.55−0.143%$4.2M$77.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h800.56−0.142%$161K$442K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h802.24+0.067%$119K$874K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h801.93+0.029%$388K$489K50xas long as short
Derive BNB-PERP+0.0100%1h802.07+0.046%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h802.22+0.065%$13K$1.7M50xas long as short
HTX BNB-USDT+0.0100%8h800.97−0.091%$8.2M$7.9M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h802.56+0.108%$78K$19K50xas long as short
Aster BNBUSDT+0.0100%8h802.58+0.110%$6.4M$18.9M200xas long as short
Extended BNB-USD+0.0104%1h801.42−0.035%$1.9M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h802.18+0.060%$385K$40K10xas long as short
Phemex BNBUSDT+0.0114%8h801.43−0.034%$70.1M$51.0M50xas long as short
Kalshi KXBNBPERP+0.0117%8h801.10−0.075%$109K$2.9M4.8xas long as short
MEXC BNB_USDT+0.0120%8h803.00+0.162%$83.4M$13.5M200xas long as short
Binance BNBUSDT+0.0121%8h802.69+0.123%$502.3M$819.1M75xas long as short
Phoenix BNB+0.0155%1h800.77−0.116%$172K$34K10xas long as short
BloFin BNB-USDT+0.0241%8h801.83+0.016%$18.2M$2.5M75xas long as short
Hibachi BNB/USDT-P+0.0248%1h801.14−0.070%$71K$48K12xas long as short
RISEx BNB/USDC+0.0258%1h802.33+0.078%$1.1M$1.4M20xas long as short
SoDEX BNB-USD+0.0287%1h801.90+0.025%$394K$1.0M10xas long as short
Bulk BNB-USD+0.0289%1h801.15−0.069%$651K$20K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h802.36+0.082%$1.6M$165K25xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.423%$19K$789K30xas long as short
Reya BNBRUSDPERP+0.0332%1h801.83+0.016%$6K$3K40xas long as short
Hyperliquid BNB+0.0366%1h803.02+0.165%$52.0M$21.6M10xas long as short
Backpack BNB_USDC_PERP+0.0412%1h802.31+0.076%$2.7M$5.7M40xas long as short
01 Exchange BNBUSD+0.0432%1h803.13+0.178%$28K$1K10xas long as short
dYdX BNB-USD+0.0465%1h801.56−0.018%$162K$62K10xas long as short