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

BNB

all BNB markets
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: Bitget against Pacifica−0.056%7-day average −0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$280.276% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.052%−$5 on $10k
Price spread, last 7 days−0.037%−$4 · spread now −0.056%, 7d avg −0.090%
Together, before fees−0.088%+ Points / potential airdropPacifica: Active · farm board−$9 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: Bitget is 0.034% dearer against Pacifica than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.090%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica BNB800.670.0100pay 0.0013% / 1h1m 40s$1.2M$926K20x
ShortBitget BNBUSDT800.220.0100get 0.0100% / 8h1h 01m$80.8M$26.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$0
Price spread: −0.056% → −0.090%
$3.41
Slippage, 4 orders
−$7.63
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$24.22
Costs to cover
0.276%
Break-even
never at this rate
Slippage from Pacifica: live order book, 2 min ago; Bitget: 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 Pacifica live order book, 2 min ago2.00 bp6.9 bp −$7doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago0.06 bp6.4 bp −$68.7 bp −$8720.7 bp −$2,070doesn'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 −0.0201% / S +0.0372%1h800.28−0.048%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h800.72+0.006%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h800.22−0.056%$3.0M$28.5M10xas long as short
StandX BNB-USD0.0000%1h800.94+0.034%$866K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h800.25−0.052%$9.8M150xas long as short
Variational Omni BNB+0.0028%8h798.74−0.241%$4.2M$5.4Mas long as short
BingX BNB-USDC+0.0052%8h800.48−0.024%$13.3Mas long as short
Bybit BNBUSDT+0.0066%8h800.10−0.071%$139.0M$78.7M75xas long as short
Lighter BNB+0.0096%1h800.77+0.013%$2.8M$4.2M20xas long as short
Coinbase International BNB-PERP-INTX+0.0096%1h800.11−0.070%$607K$996K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0098%8h801.13+0.057%$6.4M$18.9M200xas long as short
Nado BNB-PERP+0.0100%1h799.89−0.097%$1.4M$2.7M20xas long as short
Pacifica BNBlong+0.0100%1h800.67long leg$1.2M$926K20x
OKX BNB-USDT-SWAP+0.0100%8h800.20−0.059%$54.7M$113.7M50xas long as short
Arcus BNB-USD+0.0100%1h800.60−0.009%$53K$151K10xas long as short
Gate BNB_USDT+0.0100%8h800.15−0.065%$35.8M$59.1M75xas long as short
KuCoin BNBUSDTM+0.0100%8h800.39−0.035%$28.0M$10.3M75xas long as short
Bitget BNBUSDTshort+0.0100%8h800.22−0.056%$80.8M$26.7M75x
edgeX BNBUSDC+0.0100%4h800.20−0.059%$4.2M$77.6M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h800.21−0.057%$161K$442K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h800.13−0.067%$121K$872K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h800.32−0.044%$387K$489K50xas long as short
Derive BNB-PERP+0.0100%1h800.53−0.018%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h800.86+0.024%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h800.40−0.034%$394K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h800.23−0.055%$8.2M$7.9M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h801.10+0.054%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h800.05−0.077%$1.9M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h800.48−0.024%$385K$40K10xas long as short
Kalshi KXBNBPERP+0.0112%8h800.50−0.021%$110K$2.9M4.8xas long as short
Phemex BNBUSDT+0.0114%8h800.84+0.021%$70.0M$51.1M50xas long as short
MEXC BNB_USDT+0.0118%8h801.50+0.104%$83.3M$13.9M200xas long as short
Binance BNBUSDT+0.0119%8h801.16+0.061%$501.1M$818.2M75xas long as short
Phoenix BNB+0.0155%1h800.03−0.080%$172K$35K10xas long as short
Kraken Futures PF_BNBUSD+0.0207%1h800.17−0.062%$2.6M$965K50xas long as short
BloFin BNB-USDT+0.0238%8h800.91+0.030%$18.3M$2.5M75xas long as short
Hibachi BNB/USDT-P+0.0240%1h800.00−0.084%$71K$48K12xas long as short
Bulk BNB-USD+0.0298%1h800.20−0.058%$650K$21K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h800.82+0.019%$1.6M$165K25xas long as short
Injective BNB/USDC PERP+0.0311%1h805.09+0.552%$19K$789K30xas long as short
Hyperliquid BNB+0.0317%1h801.18+0.064%$51.8M$21.6M10xas long as short
RISEx BNB/USDC+0.0318%1h800.46−0.026%$1.1M$1.4M20xas long as short
01 Exchange BNBUSD+0.0320%1h801.04+0.046%$28K$1K10xas long as short
Reya BNBRUSDPERP+0.0332%1h799.77−0.113%$6K$3K40xas long as short
dYdX BNB-USD+0.0366%1h799.99−0.085%$161K$62K10xas long as short
Backpack BNB_USDC_PERP+0.0558%1h801.13+0.057%$2.7M$5.7M40xas long as short