Funding arb · Price arb /

BNB

all BNB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: ApeX Omni against Pacifica+0.039%7-day average +0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$360.356% of the position

Long on Pacifica Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 4 days (all we have)+0.199%+$20 · spread now +0.039%, 7d avg +0.038%

Together, before fees+0.191%+ Points / potential airdropPacifica: Active · farm board+$19 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica BNB	791.75	0.0100	pay 0.0013% / 1h	15m 25s	$1.2M	$908K	20x
Short	ApeX Omni BNBUSDT	792.06	0.0100	get 0.0013% / 1h	15m 25s	$159K	$441K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Pacifica. 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 PacificabpFee ApeX OmnibpOrdersPrice spread, now +0.039%Rate

Funding earned: $0
Price spread: +0.039% → +0.038%: $0.14
Slippage, 4 orders: −$17.57
Fee Pacifica: 4 bp × 2 orders: −$8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$35.43
Costs to cover: 0.356%
Break-even: never at this rate

Slippage from Pacifica: live order book, 4 min ago; ApeX Omni: live order book, 47 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 Pacifica live order book, 4 min ago	0.63 bp	7.1 bp −$7	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 47 min ago	6.20 bp	11.6 bp −$12	32.7 bp −$327	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 −0.0167% / S +0.0335%	1h	791.52	−0.030%	$46K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	792.36	+0.077%	$4K	$239	25x	as long as short
StandX BNB-USD	0.0000%	1h	792.65	+0.114%	$857K	$3.1M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	791.60	−0.019%	$9.7M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.685%	$19K	$789K	30x	as long as short
Coinbase International BNB-PERP-INTX	+0.0048%	1h	792.03	+0.035%	$615K	$1.8M	50x	as long as short
Aster BNBUSDT	+0.0052%	8h	792.02	+0.034%	$6.2M	$18.7M	200x	as long as short
Phemex BNBUSDT	+0.0053%	8h	792.68	+0.117%	$69.4M	$50.6M	50x	as long as short
BingX BNB-USDT	+0.0061%	8h	791.73	−0.003%	—	$34.3M	—	as long as short
Binance BNBUSDT	+0.0075%	8h	792.09	+0.043%	$494.9M	$792.8M	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	+0.0075%	8h	792.50	+0.095%	$80.5M	$12.5M	200x	as long as short
Kraken Futures PF_BNBUSD	+0.0091%	1h	791.43	−0.041%	$2.5M	$1.2M	50x	as long as short
Lighter BNB	+0.0096%	1h	791.63	−0.016%	$2.8M	$3.9M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	791.68	−0.009%	$266K	$498K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	791.30	−0.057%	$1.5M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	792.08	+0.042%	$52.0M	$17.6M	10x	as long as short
Pacifica BNBlong	+0.0100%	1h	791.75	long leg	$1.2M	$908K	20x
Bybit BNBUSDT	+0.0100%	8h	791.50	−0.032%	$139.3M	$77.1M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	791.50	−0.032%	$53.7M	$111.7M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	791.70	−0.006%	$52K	$130K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	791.55	−0.025%	$35.4M	$57.2M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	791.29	−0.058%	$27.8M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	791.32	−0.054%	$77.0M	$29.9M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	792.29	+0.068%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	791.90	+0.018%	$4.1M	$4.6M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	792.20	+0.056%	$4.1M	$75.5M	30x	as long as short
ApeX Omni BNBUSDTshort	+0.0100%	1h	792.06	+0.039%	$159K	$441K	50x
Polymarket Perps BNB-USD	+0.0100%	1h	791.36	−0.049%	$134K	$949K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	791.80	+0.006%	$32K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	792.07	+0.040%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	791.80	+0.006%	$389K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	792.04	+0.036%	$8.1M	$9.2M	75x	as long as short
Paradex BNB-USD-PERP	+0.0102%	8h	792.15	+0.051%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	791.24	−0.064%	$1.8M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	791.67	−0.010%	$380K	$110K	10x	as long as short
Phoenix BNB	+0.0107%	1h	792.24	+0.062%	$170K	$35K	10x	as long as short
GRVT BNB_USDT_Perp	+0.0145%	8h	792.50	+0.095%	$2.9M	$28.0M	10x	as long as short
Kalshi KXBNBPERP	+0.0187%	8h	792.40	+0.082%	$83K	$2.8M	4.8x	as long as short
BloFin BNB-USDT	+0.0196%	8h	792.46	+0.090%	$18.2M	$2.2M	75x	as long as short
dYdX BNB-USD	+0.0210%	1h	791.84	+0.012%	$160K	$63K	10x	as long as short
01 Exchange BNBUSD	+0.0288%	1h	791.89	+0.018%	$28K	$4K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	792.10	+0.044%	$1.5M	$143K	25x	as long as short
Reya BNBRUSDPERP	+0.0327%	1h	791.19	−0.070%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0361%	1h	791.80	+0.007%	$1.1M	$1.0M	20x	as long as short
Bulk BNB-USD	+0.0403%	1h	790.49	−0.159%	$640K	$6K	10x	as long as short
Hibachi BNB/USDT-P	+0.0592%	1h	792.14	+0.049%	$68K	$38K	12x	as long as short