Funding arb · Price arb /

BNB

all BNB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Pacifica against Gate+0.077%7-day average +0.058% · you sell dearer than you buy

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$310.306% of the position

Long on Gate Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.066%+$7 on $10k

Price spread, last 7 days−0.047%−$5 · spread now +0.077%, 7d avg +0.058%

Together, before fees+0.019%+ Points / potential airdropPacifica: Active · farm board+$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BNB_USDT	783.45	0.0100	pay 0.0100% / 8h	24m 24s	$38.4M	$58.0M	75x
Short	Pacifica BNB	784.05	0.0100	get 0.0013% / 1h	24m 24s	$1.2M	$937K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Gate. 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

Position, each leg$Hold fordaysFee GatebpFee PacificabpOrdersPrice spread, now +0.077%Rate

Funding earned: $0
Price spread: +0.077% → +0.058%: $1.87
Slippage, 4 orders: −$7.57
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$28.7
Costs to cover: 0.306%
Break-even: never at this rate

Slippage from Gate: live order book, 4 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 Gate live order book, 4 min ago	0.32 bp	9.3 bp −$9	12.5 bp −$125	30.4 bp −$3,044	61.2 bp −$30.6K
Sell Pacifica live order book, 5 min ago	1.21 bp	5.4 bp −$5	doesn't fit	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 −0.0168% / S +0.0337%	1h	783.97	+0.066%	$43K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	784.36	+0.116%	$4K	$42	25x	as long as short
Kraken Futures PF_BNBUSD	−0.0050%	1h	783.28	−0.021%	$2.5M	$1.2M	50x	as long as short
Variational Omni BNB	0.0000%	8h	783.51	+0.007%	$4.0M	$4.7M	—	as long as short
StandX BNB-USD	0.0000%	1h	784.90	+0.185%	$846K	$2.7M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	783.92	+0.060%	$9.4M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.762%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0035%	8h	784.02	+0.073%	$6.0M	$18.7M	200x	as long as short
BingX BNB-USDT	+0.0039%	8h	783.64	+0.024%	—	$22.3M	—	as long as short
Binance BNBUSDT	+0.0049%	8h	784.07	+0.080%	$486.9M	$817.2M	75x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BNB_USDT	+0.0049%	8h	784.60	+0.147%	$80.7M	$12.0M	200x	as long as short
Phemex BNBUSDT	+0.0077%	8h	784.46	+0.129%	$68.5M	$51.3M	50x	as long as short
dYdX BNB-USD	+0.0092%	1h	784.24	+0.101%	$159K	$62K	10x	as long as short
Lighter BNB	+0.0096%	1h	783.94	+0.062%	$2.7M	$3.8M	20x	as long as short
Phoenix BNB	+0.0100%	1h	785.24	+0.228%	$163K	$35K	10x	as long as short
Nado BNB-PERP	+0.0100%	1h	783.50	+0.006%	$1.3M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	784.19	+0.094%	$51.3M	$17.5M	10x	as long as short
Pacifica BNBshort	+0.0100%	1h	784.05	+0.077%	$1.2M	$937K	20x
Bybit BNBUSDT	+0.0100%	8h	783.30	−0.019%	$137.9M	$74.2M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	783.10	−0.045%	$53.3M	$112.2M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	783.90	+0.057%	$52K	$125K	10x	as long as short
Gate BNB_USDTlong	+0.0100%	8h	783.45	long leg	$38.4M	$58.0M	75x
KuCoin BNBUSDTM	+0.0100%	8h	783.37	−0.010%	$27.6M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	782.87	−0.074%	$75.3M	$32.5M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	784.26	+0.103%	$2.2M	$6.1M	40x	as long as short
edgeX BNBUSDC	+0.0100%	4h	785.11	+0.211%	$4.1M	$76.2M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	785.72	+0.290%	$158K	$436K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	783.47	+0.003%	$131K	$944K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	783.36	−0.011%	$263K	$405K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	783.41	−0.005%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	784.29	+0.107%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	783.40	−0.006%	$385K	$969K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	784.01	+0.072%	$8.0M	$10.4M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	784.23	+0.100%	$78K	$17K	50x	as long as short
Kalshi KXBNBPERP	+0.0103%	8h	785.30	+0.236%	$171K	$2.7M	4.8x	as long as short
Extended BNB-USD	+0.0104%	1h	782.74	−0.090%	$1.8M	$5.8M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	783.29	−0.021%	$376K	$110K	10x	as long as short
Coinbase International BNB-PERP-INTX	+0.0104%	1h	783.56	+0.014%	$546K	$1.9M	50x	as long as short
BloFin BNB-USDT	+0.0169%	8h	784.58	+0.144%	$17.7M	$2.2M	75x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	783.75	+0.038%	$1.5M	$141K	25x	as long as short
Bulk BNB-USD	+0.0208%	1h	785.53	+0.265%	$637K	$831	10x	as long as short
GRVT BNB_USDT_Perp	+0.0219%	8h	785.10	+0.211%	$2.9M	$28.6M	10x	as long as short
01 Exchange BNBUSD	+0.0248%	1h	784.23	+0.100%	$28K	$4K	10x	as long as short
Reya BNBRUSDPERP	+0.0320%	1h	782.78	−0.085%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0350%	1h	783.94	+0.062%	$1.1M	$906K	20x	as long as short
Hibachi BNB/USDT-P	+0.0464%	1h	784.26	+0.104%	$67K	$39K	12x	as long as short