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−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Pacifica against Extended+0.016%7-day average +0.097% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$200.205% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.027%+$3 on $10k
Price spread, last 7 days+0.024%+$2 · spread now +0.016%, 7d avg +0.097%
Together, before fees+0.051%+ Points / potential airdropExtended: Active · Pacifica: Active · farm board+$5 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 0.081% cheaper against Extended than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.097%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BNB-USD801.080.0104pay 0.0013% / 1h58m 52s$1.9M$6.3M50x
ShortPacifica BNB801.210.0100get 0.0013% / 1h58m 52s$1.2M$926K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Extended. 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
−$0.84
Price spread: +0.016% → +0.097%
−$8.1
Slippage, 4 orders
−$7.49
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$29.44
Costs to cover
0.205%
Break-even
never at this rate
Slippage from Extended: live order book, 5 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 5 min ago0.06 bp3.5 bp −$35.9 bp −$59doesn't fitdoesn't fit
Sell Pacifica live order book, 5 min ago2.00 bp7.0 bp −$79.3 bp −$93doesn'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%1h800.94−0.018%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h801.35+0.034%$4K$1K25xas long as short
Kraken Futures PF_BNBUSD−0.0074%1h801.15+0.009%$2.6M$969K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h800.99−0.011%$3.0M$28.4M10xas long as short
StandX BNB-USD0.0000%1h802.01+0.116%$867K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h800.92−0.020%$9.8M150xas long as short
Variational Omni BNB+0.0031%8h800.04−0.129%$4.2M$5.4Mas long as short
BingX BNB-USDC+0.0052%8h801.75+0.084%$13.3Mas long as short
Bybit BNBUSDT+0.0066%8h801.17+0.012%$139.3M$78.6M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h800.72−0.045%$607K$998K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BNB+0.0096%1h801.52+0.056%$2.8M$4.1M20xas long as short
Nado BNB-PERP+0.0100%1h800.48−0.075%$1.4M$2.7M20xas long as short
Pacifica BNBshort+0.0100%1h801.21+0.016%$1.2M$926K20x
OKX BNB-USDT-SWAP+0.0100%8h801.40+0.040%$54.7M$113.9M50xas long as short
Arcus BNB-USD+0.0100%1h801.40+0.040%$53K$134K10xas long as short
Gate BNB_USDT+0.0100%8h801.15+0.009%$35.8M$57.3M75xas long as short
KuCoin BNBUSDTM+0.0100%8h801.40+0.040%$28.0M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h801.30+0.028%$80.9M$26.7M75xas long as short
edgeX BNBUSDC+0.0100%4h800.55−0.066%$4.2M$77.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h800.56−0.065%$161K$442K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h800.78−0.037%$119K$874K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h800.99−0.011%$387K$489K50xas long as short
Derive BNB-PERP+0.0100%1h801.18+0.013%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h801.40+0.040%$13K$1.7M50xas long as short
HTX BNB-USDT+0.0100%8h800.97−0.013%$8.2M$7.9M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h801.71+0.079%$78K$19K50xas long as short
Aster BNBUSDT+0.0100%8h802.20+0.140%$6.4M$18.9M200xas long as short
Extended BNB-USDlong+0.0104%1h801.08long leg$1.9M$6.3M50x
Aevo BNB-PERP+0.0104%1h801.34+0.033%$385K$40K10xas long as short
Phemex BNBUSDT+0.0114%8h801.43+0.044%$70.1M$51.0M50xas long as short
Kalshi KXBNBPERP+0.0117%8h801.10+0.003%$109K$2.9M4.8xas long as short
MEXC BNB_USDT+0.0119%8h802.60+0.190%$83.4M$13.5M200xas long as short
Binance BNBUSDT+0.0121%8h802.32+0.155%$502.1M$819.0M75xas long as short
Phoenix BNB+0.0155%1h800.77−0.038%$172K$34K10xas long as short
Hibachi BNB/USDT-P+0.0240%1h800.59−0.061%$71K$48K12xas long as short
BloFin BNB-USDT+0.0241%8h801.83+0.094%$18.2M$2.5M75xas long as short
SoDEX BNB-USD+0.0247%1h801.30+0.028%$394K$1.0M10xas long as short
RISEx BNB/USDC+0.0258%1h801.05−0.003%$1.1M$1.4M20xas long as short
Bulk BNB-USD+0.0289%1h801.15+0.009%$651K$20K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h801.56+0.061%$1.6M$165K25xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.501%$19K$789K30xas long as short
Reya BNBRUSDPERP+0.0332%1h800.45−0.078%$6K$3K40xas long as short
Hyperliquid BNB+0.0335%1h802.28+0.150%$51.9M$21.6M10xas long as short
dYdX BNB-USD+0.0369%1h800.88−0.025%$161K$62K10xas long as short
Backpack BNB_USDC_PERP+0.0412%1h802.31+0.154%$2.7M$5.7M40xas long as short
01 Exchange BNBUSD+0.0448%1h801.71+0.079%$28K$1K10xas long as short