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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0003%/8h= −0.3% APRpaid last 24h −0.011%
Price spread now: Pacifica against MEXC−0.034%45s7-day average −0.149% · you buy dearer than you sell
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$180.181% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.077%+$8 on $10k
Price spread, last 7 days−0.123%−$12 · spread now −0.034%, 7d avg −0.149%
Together, before fees−0.046%+ Points / potential airdropPacifica: 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 0.115% dearer against MEXC than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.149%. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BNB_USDT804.100.0103pay 0.0103% / 8h2h 36m$84.4M$13.6M200x
ShortPacifica BNB803.830.0100get 0.0013% / 1h36m 43s$1.2M$923K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against MEXC. 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
−$0.63
Price spread: −0.034% → −0.149%
$11.46
Slippage, 4 orders
−$6.1
Fee MEXC: 2 bp × 2 orders
−$4
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$7.27
Costs to cover
0.181%
Break-even
never at this rate
Slippage from MEXC: live order book, 2 min ago; Pacifica: live order book, 2 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 MEXC live order book, 2 min ago0.62 bp2.6 bp −$36.3 bp −$6323.5 bp −$2,34541.6 bp −$20.8K
Sell Pacifica live order book, 2 min ago1.50 bp5.6 bp −$6doesn'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 −0.0195% / S +0.0371%1h803.65−0.056%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h802.88−0.152%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h803.28−0.102%$3.0M$29.7M10xas long as short
Kalshi KXBNBPERP0.0000%8h804.100.000%$113K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h803.40−0.087%$868K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h803.65−0.056%$9.8M150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h803.61−0.061%$2.5M$908K50xas long as short
Variational Omni BNB+0.0055%8h802.35−0.217%$4.0M$5.4Mas long as short
BingX BNB-USDT+0.0057%8h803.18−0.114%$34.5Mas long as short
Bybit BNBUSDT+0.0078%8h802.60−0.187%$139.2M$82.8M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0088%1h803.99−0.014%$608K$878K50xas long as short
Aster BNBUSDT+0.0088%8h803.81−0.036%$6.4M$18.8M200xas long as short
Lighter BNB+0.0096%1h803.38−0.090%$2.8M$4.2M20xas long as short
Nado BNB-PERP+0.0100%1h803.55−0.068%$1.4M$2.8M20xas long as short
Pacifica BNBshort+0.0100%1h803.83−0.034%$1.2M$923K20x
OKX BNB-USDT-SWAP+0.0100%8h802.90−0.149%$55.1M$115.4M50xas long as short
Arcus BNB-USD+0.0100%1h803.90−0.025%$52K$161K10xas long as short
Gate BNB_USDT+0.0100%8h803.00−0.137%$35.9M$58.4M75xas long as short
KuCoin BNBUSDTM+0.0100%8h803.42−0.085%$28.1M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h802.74−0.169%$79.0M$24.5M75xas long as short
edgeX BNBUSDC+0.0100%4h803.02−0.134%$4.2M$76.8M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h803.43−0.083%$158K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h803.69−0.051%$118K$868K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h803.74−0.045%$388K$593K50xas long as short
Derive BNB-PERP+0.0100%1h803.80−0.038%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h804.34+0.030%$13K$1.7M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h804.100.000%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h803.04−0.131%$8.2M$7.4M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h804.44+0.043%$79K$19K50xas long as short
MEXC BNB_USDTlong+0.0103%8h804.10long leg$84.4M$13.6M200x
Extended BNB-USD+0.0104%1h802.92−0.147%$1.9M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h803.89−0.026%$386K$40K10xas long as short
Binance BNBUSDT+0.0104%8h803.72−0.047%$518.4M$803.0M75xas long as short
Phemex BNBUSDT+0.0122%8h804.15+0.006%$70.1M$51.7M50xas long as short
Phoenix BNB+0.0125%1h803.30−0.099%$173K$35K10xas long as short
SoDEX BNB-USD+0.0127%1h803.70−0.050%$395K$1.0M10xas long as short
Hyperliquid BNB+0.0147%1h803.72−0.047%$51.6M$21.3M10xas long as short
Bulk BNB-USD+0.0194%1h803.61−0.061%$649K$11K10xas long as short
RISEx BNB/USDC+0.0209%1h804.04−0.007%$1.1M$1.4M20xas long as short
BloFin BNB-USDT+0.0223%8h804.26+0.020%$18.8M$3.1M75xas long as short
Hibachi BNB/USDT-P+0.0248%1h802.90−0.150%$71K$48K12xas long as short
dYdX BNB-USD+0.0263%1h803.57−0.066%$170K$55K10xas long as short
01 Exchange BNBUSD+0.0312%1h804.66+0.070%$28K$1K10xas long as short
Reya BNBRUSDPERP+0.0334%1h803.45−0.080%$6K$3K40xas long as short
Injective BNB/USDC PERP+0.0353%1h804.92+0.102%$19K$526K30xas long as short
Backpack BNB_USDC_PERP+0.0675%1h804.57+0.058%$3.0M$5.3M40xas long as short