BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0093%/8h= −10.1% APRnext payment −$0.12 per $10,000 · paid last 24h −0.028%

Price spread now: gTrade (Gains Network) against Pacifica+0.019%7-day average −0.035% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$278as in the Price arb table

costs, in and out, $10k−$2832.830% of the position

Long on Pacifica Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.084%−$8 on $10k

Price spread, last 3 days (all we have)−0.087%−$9 · spread now +0.019%, 7d avg −0.035%

Together, before fees−0.171%+ Points / potential airdropPacifica: Active · farm board−$17 on $10k · with fees, hour by hour

The price spread pays, funding is against you. gTrade (Gains Network) is 0.054% dearer against Pacifica than usual: you sell high and buy low (spread +0.019% now, against its 7-day average of −0.035%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 46 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica BNB	802.08	0.0100	pay 0.0013% / 1h	57m 20s	$1.2M	$926K	20x
Short	gTrade (Gains Network) BNB/USD	802.23	L +0.0008% / S −0.0007%	get 0.0001% / 1h	57m 20s	$9.8M	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now +0.019%Rate

Funding earned: −$19.46
Price spread: +0.019% → −0.035%: $5.38
Slippage, 4 orders: −$264.96
Fee Pacifica: 4 bp × 2 orders: −$8
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$297.04
Costs to cover: 2.830%
Break-even: never at this rate

Slippage from Pacifica: live order book, 2 min ago; gTrade (Gains Network): virtual book (oracle venue), 2 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, 2 min ago	1.62 bp	6.4 bp −$6	10.8 bp −$108	doesn't fit	doesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 2 min ago	130.00 bp	135.0 bp −$135	135.0 bp −$1,350	484.2 bp −$48.4K	3301.4 bp −$1.65M

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	802.22	+0.018%	$48K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	802.34	+0.032%	$4K	$1K	25x	as long as short
Kraken Futures PF_BNBUSD	−0.0074%	1h	802.20	+0.015%	$2.6M	$969K	50x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	800.99	−0.136%	$3.0M	$28.4M	10x	as long as short
StandX BNB-USD	0.0000%	1h	803.02	+0.117%	$868K	$2.9M	30x	as long as short
gTrade (Gains Network) BNB/USDshort	L +0.0008% / S −0.0007%	1h	802.23	+0.019%	$9.8M	—	150x
Variational Omni BNB	+0.0031%	8h	800.04	−0.254%	$4.2M	$5.4M	—	as long as short
BingX BNB-USDT	+0.0052%	8h	802.28	+0.025%	—	$34.8M	—	as long as short
Bybit BNBUSDT	+0.0066%	8h	801.80	−0.035%	$139.3M	$78.6M	75x	as long as short
Coinbase International BNB-PERP-INTX	+0.0072%	1h	800.72	−0.170%	$607K	$998K	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter BNB	+0.0096%	1h	802.40	+0.040%	$2.8M	$4.1M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	801.67	−0.051%	$1.4M	$2.7M	20x	as long as short
Pacifica BNBlong	+0.0100%	1h	802.08	long leg	$1.2M	$926K	20x
OKX BNB-USDT-SWAP	+0.0100%	8h	801.90	−0.022%	$54.8M	$113.8M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	802.30	+0.027%	$53K	$134K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	801.95	−0.016%	$35.8M	$57.4M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	801.73	−0.044%	$28.0M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	801.92	−0.020%	$79.8M	$27.3M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	801.60	−0.060%	$4.2M	$77.5M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	801.48	−0.075%	$161K	$442K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	802.00	−0.010%	$119K	$874K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	802.26	+0.022%	$388K	$489K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	802.43	+0.044%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	802.93	+0.106%	$13K	$1.7M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	802.16	+0.010%	$8.2M	$7.9M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	802.55	+0.058%	$78K	$19K	50x	as long as short
Aster BNBUSDT	+0.0101%	8h	802.87	+0.098%	$6.4M	$18.9M	200x	as long as short
Extended BNB-USD	+0.0104%	1h	801.78	−0.038%	$1.9M	$6.4M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	802.53	+0.055%	$386K	$40K	10x	as long as short
Phemex BNBUSDT	+0.0114%	8h	802.81	+0.091%	$70.2M	$51.1M	50x	as long as short
Kalshi KXBNBPERP	+0.0117%	8h	802.40	+0.040%	$109K	$2.9M	4.8x	as long as short
MEXC BNB_USDT	+0.0120%	8h	803.00	+0.115%	$83.4M	$13.5M	200x	as long as short
Binance BNBUSDT	+0.0122%	8h	802.88	+0.100%	$502.4M	$819.3M	75x	as long as short
Phoenix BNB	+0.0155%	1h	800.77	−0.163%	$172K	$34K	10x	as long as short
BloFin BNB-USDT	+0.0242%	8h	802.83	+0.094%	$18.2M	$2.5M	75x	as long as short
Hibachi BNB/USDT-P	+0.0248%	1h	801.96	−0.014%	$71K	$49K	12x	as long as short
SoDEX BNB-USD	+0.0254%	1h	802.30	+0.027%	$394K	$1.0M	10x	as long as short
RISEx BNB/USDC	+0.0258%	1h	802.09	+0.001%	$1.1M	$1.4M	20x	as long as short
Bulk BNB-USD	+0.0289%	1h	801.15	−0.116%	$651K	$20K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	802.74	+0.082%	$1.6M	$165K	25x	as long as short
Injective BNB/USDC PERP	+0.0306%	1h	805.09	+0.375%	$19K	$789K	30x	as long as short
Reya BNBRUSDPERP	+0.0332%	1h	801.71	−0.046%	$6K	$3K	40x	as long as short
Hyperliquid BNB	+0.0343%	1h	802.82	+0.092%	$51.9M	$21.6M	10x	as long as short
Backpack BNB_USDC_PERP	+0.0431%	1h	802.42	+0.042%	$2.7M	$5.7M	40x	as long as short
01 Exchange BNBUSD	+0.0432%	1h	802.89	+0.101%	$28K	$1K	10x	as long as short
dYdX BNB-USD	+0.0465%	1h	802.23	+0.019%	$162K	$62K	10x	as long as short