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

BNB

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against edgeX+0.086%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$280.279% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.007%+$1 on $10k
Price spread, last 7 days−0.104%−$10 · spread now +0.086%, 7d avg −0.006%
Together, before fees−0.097%+ Points / potential airdropedgeX: Active · Pacifica: Active · farm board−$10 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: Pacifica is 0.092% dearer against edgeX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX BNBUSDC788.500.0100pay 0.0050% / 4h1h 43m$4.1M$77.0M30x
ShortPacifica BNB789.180.0100get 0.0013% / 1h43m 34s$1.2M$909K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against edgeX. 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
Price spread: +0.086% → −0.006%
$9.18
Slippage, 4 orders
−$10.94
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$18.76
Costs to cover
0.279%
Break-even
never at this rate
Slippage from edgeX: live order book, 1 min ago; Pacifica: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 1 min ago2.53 bp7.0 bp −$77.0 bp −$7011.8 bp −$1,180doesn't fit
Sell Pacifica live order book, just now2.60 bp6.9 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 −0.0167% / S +0.0335%1h787.82−0.087%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h788.72+0.028%$4K$23925xas long as short
StandX BNB-USD0.0000%1h789.10+0.076%$853K$3.2M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h787.90−0.076%$9.6M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.104%$19K$789K30xas long as short
Aster BNBUSDT+0.0040%8h789.41+0.115%$6.2M$18.7M200xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h788.47−0.004%$619K$1.8M50xas long as short
BingX BNB-USDT+0.0057%8h789.05+0.070%$34.4Mas long as short
MEXC BNB_USDT+0.0072%8h789.90+0.177%$80.3M$12.4M200xas long as short
Binance BNBUSDT+0.0073%8h789.41+0.115%$493.9M$806.4M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0078%8h788.62+0.015%$69.0M$51.0M50xas long as short
Variational Omni BNB+0.0078%8h787.81−0.087%$4.1M$4.7Mas long as short
Kraken Futures PF_BNBUSD+0.0091%1h788.20−0.037%$2.5M$1.2M50xas long as short
Lighter BNB+0.0096%1h789.15+0.082%$2.8M$3.9M20xas long as short
Gate BNB_USDT+0.0096%8h788.80+0.038%$35.3M$56.8M75xas long as short
Orderly PERP_BNB_USDC+0.0100%8h788.18−0.041%$265K$498K50xas long as short
Nado BNB-PERP+0.0100%1h788.85+0.044%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h789.51+0.128%$51.7M$18.4M10xas long as short
Pacifica BNBshort+0.0100%1h789.18+0.086%$1.2M$909K20x
Bybit BNBUSDT+0.0100%8h788.80+0.038%$138.7M$77.4M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h788.70+0.025%$53.5M$112.4M50xas long as short
Arcus BNB-USD+0.0100%1h789.20+0.089%$52K$130K10xas long as short
KuCoin BNBUSDTM+0.0100%8h788.72+0.028%$27.7M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h788.51+0.001%$76.9M$30.0M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h788.71+0.027%$2.2M$6.1M40xas long as short
edgeX BNBUSDClong+0.0100%4h788.50long leg$4.1M$77.0M30x
ApeX Omni BNBUSDT+0.0100%1h788.65+0.019%$159K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h788.68+0.023%$137K$944K10xas long as short
Derive BNB-PERP+0.0100%1h788.43−0.010%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h788.84+0.043%$12K$1.6M50xas long as short
HTX BNB-USDT+0.0100%8h788.25−0.032%$8.1M$9.1M75xas long as short
Paradex BNB-USD-PERP+0.0103%8h789.71+0.154%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h788.64+0.018%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h788.31−0.024%$379K$110K10xas long as short
Phoenix BNB+0.0107%1h788.34−0.020%$169K$35K10xas long as short
GRVT BNB_USDT_Perp+0.0122%8h788.59+0.012%$2.9M$28.3M10xas long as short
SoDEX BNB-USD+0.0155%1h788.30−0.025%$388K$1.0M10xas long as short
Kalshi KXBNBPERP+0.0183%8h788.70+0.025%$90K$2.8M4.8xas long as short
BloFin BNB-USDT+0.0192%8h789.08+0.073%$2.3M75xas long as short
dYdX BNB-USD+0.0244%1h788.96+0.058%$160K$63K10xas long as short
01 Exchange BNBUSD+0.0304%1h789.59+0.138%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0328%1h788.60+0.013%$6K$3K40xas long as short
RISEx BNB/USDC+0.0361%1h789.17+0.086%$1.1M$1.0M20xas long as short
Bulk BNB-USD+0.0373%1h788.05−0.057%$638K$13K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0400%1h788.71+0.026%$1.5M$152K25xas long as short
Hibachi BNB/USDT-P+0.0576%1h788.44−0.008%$67K$38K12xas long as short