Funding you earn now, next payment 23:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.03 per $10,000 · paid last 24h +0.002%
Price spread now: Pacifica against Coinbase International+0.061%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$330.329% of the position
Funding, last 7 days+0.124%+$12 on $10k
+Price spread, last 3 days (all we have)+0.090%+$9 · spread now +0.061%, 7d avg +0.046%
=Together, before fees+0.214%+ Points / potential airdropPacifica: Active · farm board+$21 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.046%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International BNB-PERP-INTX | 800.72 | 0.0072 | pay 0.0009% / 1h | 58m 59s | $607K | $998K | 50x |
| Short | Pacifica BNB | 801.21 | 0.0100 | get 0.0013% / 1h | 58m 59s | $1.2M | $926K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Coinbase International. 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
- $5.88
- Price spread: +0.061% → +0.046%
- $1.45
- Slippage, 4 orders
- −$14.89
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$25.55
- Costs to cover
- 0.329%
- Break-even
- 37.4 days
Slippage from Coinbase International: live order book, 19 min ago; Pacifica: 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 Coinbase International live order book, 19 min ago | 3.62 bp | 9.0 bp −$9 | 13.2 bp −$132 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 5 min ago | 2.00 bp | 7.0 bp −$7 | 9.3 bp −$93 | 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 −0.0201% / S +0.0372% | 1h | 800.94 | +0.027% | $48K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 801.35 | +0.079% | $4K | $1K | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0074% | 1h | 801.15 | +0.054% | $2.6M | $969K | 50x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 800.99 | +0.034% | $3.0M | $28.4M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 802.01 | +0.161% | $867K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 800.92 | +0.025% | $9.8M | — | 150x | as long as short |
| Variational Omni BNB | +0.0031% | 8h | 800.04 | −0.085% | $4.2M | $5.4M | — | as long as short |
| BingX BNB-USDC | +0.0052% | 8h | 801.56 | +0.105% | — | $13.3M | — | as long as short |
| Bybit BNBUSDT | +0.0066% | 8h | 801.12 | +0.050% | $139.3M | $78.6M | 75x | as long as short |
| Coinbase International BNB-PERP-INTXlong | +0.0072% | 1h | 800.72 | long leg | $607K | $998K | 50x |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter BNB | +0.0096% | 1h | 801.52 | +0.100% | $2.8M | $4.1M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 800.48 | −0.031% | $1.4M | $2.7M | 20x | as long as short |
| Pacifica BNBshort | +0.0100% | 1h | 801.21 | +0.061% | $1.2M | $926K | 20x | |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 801.30 | +0.072% | $54.7M | $113.8M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 801.40 | +0.085% | $53K | $134K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 801.30 | +0.072% | $35.8M | $57.3M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 801.08 | +0.045% | $28.0M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 801.26 | +0.067% | $80.9M | $26.7M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 800.55 | −0.021% | $4.2M | $77.7M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 800.56 | −0.020% | $161K | $442K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 800.78 | +0.007% | $119K | $874K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 800.99 | +0.034% | $387K | $489K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 801.18 | +0.058% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 801.40 | +0.085% | $13K | $1.7M | 50x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 800.97 | +0.031% | $8.2M | $7.9M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 801.71 | +0.124% | $78K | $19K | 50x | as long as short |
| Aster BNBUSDT | +0.0100% | 8h | 802.06 | +0.167% | $6.4M | $18.9M | 200x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 800.67 | −0.006% | $1.9M | $6.3M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 801.34 | +0.077% | $385K | $40K | 10x | as long as short |
| Phemex BNBUSDT | +0.0114% | 8h | 801.43 | +0.089% | $70.1M | $51.0M | 50x | as long as short |
| Kalshi KXBNBPERP | +0.0117% | 8h | 801.10 | +0.047% | $109K | $2.9M | 4.8x | as long as short |
| MEXC BNB_USDT | +0.0119% | 8h | 802.40 | +0.210% | $83.3M | $13.5M | 200x | as long as short |
| Binance BNBUSDT | +0.0121% | 8h | 802.25 | +0.191% | $502.0M | $819.0M | 75x | as long as short |
| Phoenix BNB | +0.0155% | 1h | 800.77 | +0.006% | $172K | $34K | 10x | as long as short |
| Hibachi BNB/USDT-P | +0.0240% | 1h | 800.59 | −0.016% | $71K | $48K | 12x | as long as short |
| BloFin BNB-USDT | +0.0241% | 8h | 801.83 | +0.139% | $18.2M | $2.5M | 75x | as long as short |
| SoDEX BNB-USD | +0.0247% | 1h | 801.30 | +0.072% | $394K | $1.0M | 10x | as long as short |
| RISEx BNB/USDC | +0.0258% | 1h | 801.05 | +0.041% | $1.1M | $1.4M | 20x | as long as short |
| Bulk BNB-USD | +0.0289% | 1h | 801.15 | +0.054% | $651K | $20K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 801.56 | +0.105% | $1.6M | $165K | 25x | as long as short |
| Injective BNB/USDC PERP | +0.0306% | 1h | 805.09 | +0.546% | $19K | $789K | 30x | as long as short |
| Reya BNBRUSDPERP | +0.0332% | 1h | 800.45 | −0.034% | $6K | $3K | 40x | as long as short |
| Hyperliquid BNB | +0.0335% | 1h | 802.28 | +0.195% | $51.9M | $21.6M | 10x | as long as short |
| dYdX BNB-USD | +0.0369% | 1h | 800.88 | +0.020% | $161K | $62K | 10x | as long as short |
| Backpack BNB_USDC_PERP | +0.0412% | 1h | 802.31 | +0.199% | $2.7M | $5.7M | 40x | as long as short |
| 01 Exchange BNBUSD | +0.0448% | 1h | 801.71 | +0.124% | $28K | $1K | 10x | as long as short |
Coinbase International BNB-PERP-INTX
Pacifica BNB
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
GRVT BNB_USDT_Perp
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Variational Omni BNB
BingX BNB-USDC
Bybit BNBUSDT
Lighter BNB
OKX BNB-USDT-SWAP
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
HTX BNB-USDT
Paradex BNB-USD-PERP
Aster BNBUSDT
Extended BNB-USD
Phemex BNBUSDT
Kalshi KXBNBPERP
MEXC BNB_USDT
Binance BNBUSDT
Phoenix BNB
BloFin BNB-USDT
SoDEX BNB-USD
RISEx BNB/USDC
Bulk BNB-USD
Deribit BNB_USDC-PERPETUAL
Injective BNB/USDC PERP
Hyperliquid BNB
Backpack BNB_USDC_PERP
01 Exchange BNBUSD