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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica BNB | 806.64 | 0.0100 | pay 0.0013% / 1h | 16m 07s | $1.2M | $924K | 20x |
| Short | BingX BNB-USDT | 806.19 | 0.0054 | get 0.0054% / 8h | 2h 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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Pacifica live order book, 3 min ago | 1.12 bp | 5.5 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 0.12 bp | 5.1 bp −$5 | 5.7 bp −$57 | 11.1 bp −$1,112 | 31.6 bp −$15.8K |
BNB on 46 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX BNB/USD [WBTC.b-USDC] | L −0.0195% / S +0.0371% | 1h | 805.99 | −0.080% | $49K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 806.55 | −0.011% | $4K | $1K | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 807.05 | +0.051% | $3.0M | $29.5M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 806.70 | +0.007% | $114K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 806.62 | −0.002% | $872K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 806.12 | −0.065% | $9.8M | — | 150x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0038% | 1h | 806.22 | −0.052% | $2.5M | $908K | 50x | as long as short |
| Variational Omni BNB | +0.0050% | 8h | 805.91 | −0.091% | $4.1M | $5.4M | — | as long as short |
| BingX BNB-USDTshort | +0.0054% | 8h | 806.19 | −0.056% | — | $34.5M | — | |
| Bybit BNBUSDT | +0.0077% | 8h | 805.76 | −0.109% | $139.8M | $82.5M | 75x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BNB-PERP-INTX | +0.0088% | 1h | 806.90 | +0.032% | $610K | $883K | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 806.42 | −0.027% | $2.8M | $4.2M | 20x | as long as short |
| Aster BNBUSDT | +0.0098% | 8h | 806.70 | +0.007% | $6.4M | $18.8M | 200x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 806.05 | −0.073% | $1.4M | $2.8M | 20x | as long as short |
| Pacifica BNBlong | +0.0100% | 1h | 806.64 | long leg | $1.2M | $924K | 20x | |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 806.00 | −0.079% | $55.2M | $116.2M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 806.60 | −0.005% | $53K | $170K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 806.00 | −0.079% | $36.1M | $58.9M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 806.03 | −0.076% | $28.2M | $10.5M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 805.73 | −0.113% | $79.1M | $24.7M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 807.34 | +0.087% | $4.2M | $77.1M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 806.58 | −0.007% | $159K | $437K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 806.02 | −0.077% | $114K | $872K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 806.13 | −0.063% | $390K | $593K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 806.33 | −0.039% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 806.91 | +0.034% | $14K | $1.7M | 50x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 806.61 | −0.004% | $1.6M | $165K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 806.54 | −0.013% | $8.2M | $7.5M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 807.02 | +0.047% | $79K | $19K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 805.79 | −0.105% | $1.9M | $6.1M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 806.28 | −0.044% | $387K | $40K | 10x | as long as short |
| MEXC BNB_USDT | +0.0114% | 8h | 807.10 | +0.057% | $84.7M | $13.6M | 200x | as long as short |
| Binance BNBUSDT | +0.0114% | 8h | 806.75 | +0.014% | $521.2M | $806.1M | 75x | as long as short |
| Phoenix BNB | +0.0125% | 1h | 806.38 | −0.032% | $173K | $35K | 10x | as long as short |
| Phemex BNBUSDT | +0.0126% | 8h | 806.71 | +0.009% | $70.4M | $51.8M | 50x | as long as short |
| SoDEX BNB-USD | +0.0201% | 1h | 806.20 | −0.055% | $396K | $1.0M | 10x | as long as short |
| Hyperliquid BNB | +0.0206% | 1h | 806.99 | +0.043% | $52.3M | $21.6M | 10x | as long as short |
| RISEx BNB/USDC | +0.0209% | 1h | 806.42 | −0.027% | $1.2M | $1.5M | 20x | as long as short |
| Bulk BNB-USD | +0.0217% | 1h | 806.94 | +0.037% | $652K | $11K | 10x | as long as short |
| BloFin BNB-USDT | +0.0234% | 8h | 807.24 | +0.074% | $18.8M | $3.1M | 75x | as long as short |
| dYdX BNB-USD | +0.0241% | 1h | 806.40 | −0.030% | $171K | $55K | 10x | as long as short |
| Hibachi BNB/USDT-P | +0.0248% | 1h | 806.68 | +0.005% | $71K | $48K | 12x | as long as short |
| Reya BNBRUSDPERP | +0.0334% | 1h | 805.74 | −0.111% | $6K | $3K | 40x | as long as short |
| 01 Exchange BNBUSD | +0.0344% | 1h | 806.79 | +0.019% | $29K | $1K | 10x | as long as short |
| Injective BNB/USDC PERP | +0.0353% | 1h | 804.89 | −0.217% | $19K | $627K | 30x | as long as short |
| Backpack BNB_USDC_PERP | +0.0653% | 1h | 807.08 | +0.055% | $3.0M | $5.5M | 40x | as long as short |
Pacifica BNB
BingX BNB-USDT
GMX BNB/USD [WBTC.b-USDC]
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Kraken Futures PF_BNBUSD
Variational Omni BNB
Bybit BNBUSDT
Coinbase International BNB-PERP-INTX
Lighter BNB
Aster BNBUSDT
OKX BNB-USDT-SWAP
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
MEXC BNB_USDT
Binance BNBUSDT
Phoenix BNB
Phemex BNBUSDT
SoDEX BNB-USD
Hyperliquid BNB
RISEx BNB/USDC
Bulk BNB-USD
BloFin BNB-USDT
01 Exchange BNBUSD
Injective BNB/USDC PERP
Backpack BNB_USDC_PERP