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−0.0046%/8h= −5.0% APRpaid last 24h +0.002%
Price spread now: BingX against Pacifica−0.056%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$220.219% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.047%−$5 on $10k
Price spread, last 7 days+0.032%+$3 · spread now −0.056%, 7d avg −0.027%
Together, before fees−0.016%+ Points / potential airdropPacifica: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.029% cheaper against Pacifica than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.027%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica BNB806.640.0100pay 0.0013% / 1h16m 07s$1.2M$924K20x
ShortBingX BNB-USDT806.190.0054get 0.0054% / 8h2h 16m$34.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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

Funding earned
−$9.66
Price spread: −0.056% → −0.027%
−$2.9
Slippage, 4 orders
−$3.87
Fee Pacifica: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$34.43
Costs to cover
0.219%
Break-even
never at this rate
Slippage from Pacifica: live order book, 3 min ago; BingX: live order book, 8 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 Pacifica live order book, 3 min ago1.12 bp5.5 bp −$6doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 8 min ago0.12 bp5.1 bp −$55.7 bp −$5711.1 bp −$1,11231.6 bp −$15.8K

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%1h805.99−0.080%$49K200xas long as short
Hotstuff BNB-PERP−0.0080%1h806.55−0.011%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h807.05+0.051%$3.0M$29.5M10xas long as short
Kalshi KXBNBPERP0.0000%8h806.70+0.007%$114K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h806.62−0.002%$872K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h806.12−0.065%$9.8M150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h806.22−0.052%$2.5M$908K50xas long as short
Variational Omni BNB+0.0050%8h805.91−0.091%$4.1M$5.4Mas long as short
BingX BNB-USDTshort+0.0054%8h806.19−0.056%$34.5M
Bybit BNBUSDT+0.0077%8h805.76−0.109%$139.8M$82.5M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0088%1h806.90+0.032%$610K$883K50xas long as short
Lighter BNB+0.0096%1h806.42−0.027%$2.8M$4.2M20xas long as short
Aster BNBUSDT+0.0098%8h806.70+0.007%$6.4M$18.8M200xas long as short
Nado BNB-PERP+0.0100%1h806.05−0.073%$1.4M$2.8M20xas long as short
Pacifica BNBlong+0.0100%1h806.64long leg$1.2M$924K20x
OKX BNB-USDT-SWAP+0.0100%8h806.00−0.079%$55.2M$116.2M50xas long as short
Arcus BNB-USD+0.0100%1h806.60−0.005%$53K$170K10xas long as short
Gate BNB_USDT+0.0100%8h806.00−0.079%$36.1M$58.9M75xas long as short
KuCoin BNBUSDTM+0.0100%8h806.03−0.076%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h805.73−0.113%$79.1M$24.7M75xas long as short
edgeX BNBUSDC+0.0100%4h807.34+0.087%$4.2M$77.1M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h806.58−0.007%$159K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h806.02−0.077%$114K$872K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h806.13−0.063%$390K$593K50xas long as short
Derive BNB-PERP+0.0100%1h806.33−0.039%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h806.91+0.034%$14K$1.7M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h806.61−0.004%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h806.54−0.013%$8.2M$7.5M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h807.02+0.047%$79K$19K50xas long as short
Extended BNB-USD+0.0104%1h805.79−0.105%$1.9M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h806.28−0.044%$387K$40K10xas long as short
MEXC BNB_USDT+0.0114%8h807.10+0.057%$84.7M$13.6M200xas long as short
Binance BNBUSDT+0.0114%8h806.75+0.014%$521.2M$806.1M75xas long as short
Phoenix BNB+0.0125%1h806.38−0.032%$173K$35K10xas long as short
Phemex BNBUSDT+0.0126%8h806.71+0.009%$70.4M$51.8M50xas long as short
SoDEX BNB-USD+0.0201%1h806.20−0.055%$396K$1.0M10xas long as short
Hyperliquid BNB+0.0206%1h806.99+0.043%$52.3M$21.6M10xas long as short
RISEx BNB/USDC+0.0209%1h806.42−0.027%$1.2M$1.5M20xas long as short
Bulk BNB-USD+0.0217%1h806.94+0.037%$652K$11K10xas long as short
BloFin BNB-USDT+0.0234%8h807.24+0.074%$18.8M$3.1M75xas long as short
dYdX BNB-USD+0.0241%1h806.40−0.030%$171K$55K10xas long as short
Hibachi BNB/USDT-P+0.0248%1h806.68+0.005%$71K$48K12xas long as short
Reya BNBRUSDPERP+0.0334%1h805.74−0.111%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0344%1h806.79+0.019%$29K$1K10xas long as short
Injective BNB/USDC PERP+0.0353%1h804.89−0.217%$19K$627K30xas long as short
Backpack BNB_USDC_PERP+0.0653%1h807.08+0.055%$3.0M$5.5M40xas long as short