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

BNB

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against Orderly+0.089%7-day average −0.002% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 3 days (all we have)−0.010%−$1 · spread now +0.089%, 7d avg −0.002%
Together, before fees−0.002%+ Points / potential airdropPacifica: Active · farm board$0 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 0.091% dearer against Orderly than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_BNB_USDC806.430.0100pay 0.0100% / 8h1h 40m$390K$592K50x
ShortPacifica BNB807.150.0100get 0.0013% / 1h40m 41s$1.2M$924K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Orderly. 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: +0.089% → −0.002%
$9.11
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$4.89
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Pacifica: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Pacifica live order book, 3 min ago0.06 bp5.7 bp −$6doesn't fitdoesn't fitdoesn't fit
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h806.58+0.019%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h807.49+0.131%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h806.21−0.028%$3.0M$29.2M10xas long as short
Kalshi KXBNBPERP0.0000%8h807.20+0.095%$107K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h806.73+0.037%$872K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h806.69+0.033%$9.8M150xas long as short
Variational Omni BNB+0.0048%8h804.97−0.181%$4.1M$5.3Mas long as short
BingX BNB-USDC+0.0059%8h806.74+0.038%$13.3Mas long as short
Hibachi BNB/USDT-P+0.0080%1h805.86−0.070%$71K$48K12xas long as short
Bybit BNBUSDT+0.0083%8h806.50+0.009%$139.7M$81.1M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BNB+0.0096%1h807.09+0.082%$2.8M$4.2M20xas long as short
Coinbase International BNB-PERP-INTX+0.0096%1h805.54−0.110%$608K$881K50xas long as short
Nado BNB-PERP+0.0100%1h806.71+0.034%$1.5M$2.7M20xas long as short
Pacifica BNBshort+0.0100%1h807.15+0.089%$1.2M$924K20x
OKX BNB-USDT-SWAP+0.0100%8h806.80+0.046%$55.1M$116.1M50xas long as short
Arcus BNB-USD+0.0100%1h807.30+0.108%$53K$170K10xas long as short
Gate BNB_USDT+0.0100%8h806.75+0.040%$36.1M$57.6M75xas long as short
KuCoin BNBUSDTM+0.0100%8h806.60+0.021%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h806.51+0.010%$78.8M$25.0M75xas long as short
edgeX BNBUSDC+0.0100%4h806.39−0.005%$4.2M$76.5M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h806.49+0.007%$162K$440K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h806.72+0.036%$116K$870K10xas long as short
Orderly PERP_BNB_USDClong+0.0100%8h806.43long leg$390K$592K50x
Derive BNB-PERP+0.0100%1h806.80+0.046%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h807.43+0.124%$13K$1.7M50xas long as short
HTX BNB-USDT+0.0100%8h806.85+0.053%$8.2M$7.6M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h807.51+0.134%$79K$19K50xas long as short
Extended BNB-USD+0.0104%1h806.44+0.001%$1.9M$6.0M50xas long as short
Aevo BNB-PERP+0.0104%1h806.77+0.042%$388K$40K10xas long as short
Aster BNBUSDT+0.0107%8h807.62+0.148%$6.4M$18.8M200xas long as short
MEXC BNB_USDT+0.0121%8h807.90+0.182%$84.8M$13.4M200xas long as short
Binance BNBUSDT+0.0122%8h807.47+0.129%$521.3M$803.5M75xas long as short
Phemex BNBUSDT+0.0131%8h807.22+0.098%$70.4M$51.8M50xas long as short
Phoenix BNB+0.0155%1h807.20+0.095%$173K$35K10xas long as short
SoDEX BNB-USD+0.0184%1h806.70+0.033%$397K$1.0M10xas long as short
dYdX BNB-USD+0.0203%1h806.57+0.018%$163K$63K10xas long as short
Kraken Futures PF_BNBUSD+0.0205%1h806.73+0.037%$2.5M$929K50xas long as short
Hyperliquid BNB+0.0208%1h807.55+0.139%$52.0M$22.1M10xas long as short
BloFin BNB-USDT+0.0241%8h807.24+0.100%$18.8M$2.6M75xas long as short
Bulk BNB-USD+0.0295%1h807.66+0.153%$652K$14K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h806.95+0.065%$1.6M$165K25xas long as short
Injective BNB/USDC PERP+0.0311%1h805.09−0.166%$19K$789K30xas long as short
RISEx BNB/USDC+0.0318%1h807.14+0.089%$1.1M$1.4M20xas long as short
Reya BNBRUSDPERP+0.0333%1h806.41−0.002%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0360%1h807.86+0.177%$29K$1K10xas long as short
Backpack BNB_USDC_PERP+0.0706%1h807.73+0.161%$3.0M$5.5M40xas long as short