BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0238%/8h= +26.0% APRnext payment +$0.30 per $10,000 · paid last 24h +0.104%

Price spread now: dYdX against Pacifica−0.045%7-day average −0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs−$8as in the Funding arb table

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$480.485% of the position

Long on Pacifica Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.405%+$41 on $10k

Price spread, last 4 days (all we have)−0.021%−$2 · spread now −0.045%, 7d avg −0.033%

Together, before fees+0.384%+ Points / potential airdropPacifica: Active · farm board+$38 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.033%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica BNB	798.40	0.0100	pay 0.0013% / 1h	7m 53s	$1.2M	$925K	20x
Short	dYdX BNB-USD	798.04	0.0338	get 0.0042% / 1h	7m 53s	$161K	$63K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now −0.045%Rate

Funding earned: $49.91
Price spread: −0.045% → −0.033%: −$1.28
Slippage, 4 orders: −$30.48
Fee Pacifica: 4 bp × 2 orders: −$8
Fee dYdX: 5 bp × 2 orders: −$10
Net: $0.16
Costs to cover: 0.485%
Break-even: 7.0 days

Slippage from Pacifica: live order book, 1 min ago; dYdX: live order book, 6 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, 1 min ago	0.63 bp	4.7 bp −$5	doesn't fit	doesn't fit	doesn't fit
Sell dYdX live order book, 6 min ago	9.69 bp	21.6 bp −$22	52.9 bp −$529	82.6 bp −$8,265	129.5 bp −$64.8K

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 −0.0201% / S +0.0372%	1h	798.59	+0.024%	$47K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	798.54	+0.018%	$4K	$1K	25x	as long as short
Kraken Futures PF_BNBUSD	−0.0074%	1h	798.47	+0.009%	$2.5M	$974K	50x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	798.45	+0.006%	$3.0M	$27.9M	10x	as long as short
StandX BNB-USD	0.0000%	1h	798.90	+0.063%	$863K	$2.9M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	798.56	+0.021%	$9.7M	—	150x	as long as short
Variational Omni BNB	+0.0008%	8h	797.53	−0.108%	$4.0M	$5.4M	—	as long as short
BingX BNB-USDT	+0.0033%	8h	798.59	+0.024%	—	$34.7M	—	as long as short
Bybit BNBUSDT	+0.0037%	8h	798.30	−0.012%	$138.5M	$76.8M	75x	as long as short
Coinbase International BNB-PERP-INTX	+0.0072%	1h	798.14	−0.032%	$601K	$984K	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster BNBUSDT	+0.0081%	8h	798.95	+0.069%	$6.2M	$19.1M	200x	as long as short
Lighter BNB	+0.0096%	1h	798.80	+0.050%	$2.8M	$4.1M	20x	as long as short
Phemex BNBUSDT	+0.0097%	8h	799.03	+0.079%	$69.9M	$50.6M	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	798.15	−0.031%	$1.4M	$2.7M	20x	as long as short
Pacifica BNBlong	+0.0100%	1h	798.40	long leg	$1.2M	$925K	20x
OKX BNB-USDT-SWAP	+0.0100%	8h	798.40	0.000%	$54.3M	$112.6M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	798.50	+0.013%	$53K	$133K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	798.25	−0.018%	$35.7M	$58.6M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	798.48	+0.010%	$28.0M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	798.29	−0.013%	$79.0M	$27.5M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	798.97	+0.072%	$4.1M	$76.2M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	799.19	+0.099%	$161K	$438K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	798.38	−0.002%	$116K	$874K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	798.41	+0.002%	$386K	$494K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	798.67	+0.034%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	799.08	+0.085%	$13K	$1.7M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	798.80	+0.050%	$393K	$1.0M	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0100%	1h	798.97	+0.072%	$1.6M	$165K	25x	as long as short
HTX BNB-USDT	+0.0100%	8h	798.43	+0.004%	$8.2M	$8.1M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	798.79	+0.049%	$78K	$19K	50x	as long as short
Binance BNBUSDT	+0.0101%	8h	799.10	+0.088%	$497.7M	$817.8M	75x	as long as short
MEXC BNB_USDT	+0.0102%	8h	799.20	+0.101%	$83.0M	$13.6M	200x	as long as short
Extended BNB-USD	+0.0104%	1h	798.14	−0.032%	$1.7M	$6.5M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	798.73	+0.042%	$384K	$40K	10x	as long as short
Phoenix BNB	+0.0127%	1h	799.20	+0.101%	$172K	$36K	10x	as long as short
Kalshi KXBNBPERP	+0.0145%	8h	799.00	+0.075%	$90K	$2.9M	4.8x	as long as short
Hibachi BNB/USDT-P	+0.0160%	1h	798.58	+0.023%	$70K	$43K	12x	as long as short
Bulk BNB-USD	+0.0191%	1h	798.83	+0.054%	$649K	$17K	10x	as long as short
BloFin BNB-USDT	+0.0223%	8h	798.84	+0.055%	$18.1M	$2.5M	75x	as long as short
Hyperliquid BNB	+0.0235%	1h	799.40	+0.126%	$52.5M	$20.8M	10x	as long as short
RISEx BNB/USDC	+0.0258%	1h	798.28	−0.015%	$1.1M	$1.4M	20x	as long as short
01 Exchange BNBUSD	+0.0272%	1h	799.01	+0.077%	$28K	$1K	10x	as long as short
Injective BNB/USDC PERP	+0.0306%	1h	805.09	+0.838%	$19K	$789K	30x	as long as short
Reya BNBRUSDPERP	+0.0331%	1h	798.11	−0.036%	$6K	$3K	40x	as long as short
dYdX BNB-USDshort	+0.0338%	1h	798.04	−0.045%	$161K	$63K	10x
Backpack BNB_USDC_PERP	+0.0343%	1h	799.36	+0.121%	$2.7M	$5.7M	40x	as long as short