Funding you earn now, next payment 22:00 UTC−0.0471%/8h= −51.6% APRnext payment −$0.59 per $10,000 · paid last 24h −0.125%
Price spread now: GMX against Pacifica−0.063%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and GMX is 0.063% cheaper against Pacifica than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica BNB | 803.26 | 0.0100 | pay 0.0013% / 1h | 54m 16s | $1.2M | $923K | 20x |
| Short | GMX BNB/USD [WBTC.b-USDC] | 802.76 | L −0.0195% / S +0.0371% | pay 0.0046% / 1h | 54m 16s | $48K | — | 200x |
Pacifica BNB
GMX BNB/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- −$99.01
- Price spread: −0.063% → 0.000%
- −$6.27
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$125.28
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Pacifica: live order book, 5 min ago; GMX: no order-book sample. Net counts fees only.
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, 5 min ago | 1.80 bp | 6.6 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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]short | L −0.0195% / S +0.0371% | 1h | 802.76 | −0.063% | $48K | — | 200x | |
| Hotstuff BNB-PERP | −0.0080% | 1h | 802.95 | −0.039% | $4K | $1K | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 804.31 | +0.131% | $3.0M | $30.4M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 804.30 | +0.129% | $110K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 803.92 | +0.082% | $869K | $3.0M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 802.73 | −0.066% | $9.8M | — | 150x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0038% | 1h | 802.88 | −0.047% | $2.5M | $919K | 50x | as long as short |
| Variational Omni BNB | +0.0068% | 8h | 803.35 | +0.011% | $4.1M | $5.3M | — | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0088% | 1h | 803.99 | +0.091% | $608K | $899K | 50x | as long as short |
| Aster BNBUSDT | +0.0089% | 8h | 802.92 | −0.042% | $6.3M | $18.9M | 200x | as long as short |
Hotstuff BNB-PERP
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Kraken Futures PF_BNBUSD
Variational Omni BNB
Coinbase International BNB-PERP-INTX
Aster BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter BNB | +0.0096% | 1h | 803.55 | +0.036% | $2.8M | $4.2M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 802.24 | −0.127% | $1.4M | $2.8M | 20x | as long as short |
| Pacifica BNBlong | +0.0100% | 1h | 803.26 | long leg | $1.2M | $923K | 20x | |
| Bybit BNBUSDT | +0.0100% | 8h | 802.50 | −0.095% | $139.0M | $83.4M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 802.60 | −0.082% | $54.9M | $115.4M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 802.70 | −0.070% | $52K | $191K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 802.55 | −0.088% | $35.9M | $58.1M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 802.23 | −0.128% | $28.1M | $10.5M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 802.33 | −0.116% | $79.0M | $24.6M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 804.49 | +0.154% | $4.2M | $76.7M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 803.95 | +0.086% | $159K | $437K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 802.26 | −0.124% | $118K | $869K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 802.72 | −0.067% | $388K | $595K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 802.86 | −0.049% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 803.91 | +0.080% | $13K | $1.7M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 802.80 | −0.057% | $395K | $1.0M | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 803.27 | +0.001% | $1.6M | $162K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 802.81 | −0.057% | $8.2M | $7.3M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 803.32 | +0.007% | $78K | $19K | 50x | as long as short |
| MEXC BNB_USDT | +0.0102% | 8h | 803.60 | +0.042% | $84.3M | $13.5M | 200x | as long as short |
| BingX BNB-USDC | +0.0102% | 8h | 803.52 | +0.032% | — | $13.3M | — | as long as short |
| Binance BNBUSDT | +0.0102% | 8h | 803.28 | +0.002% | $518.1M | $807.5M | 75x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 802.32 | −0.117% | $1.9M | $6.1M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 802.73 | −0.065% | $386K | $40K | 10x | as long as short |
| Phoenix BNB | +0.0110% | 1h | 805.11 | +0.230% | $173K | $35K | 10x | as long as short |
| Phemex BNBUSDT | +0.0121% | 8h | 803.43 | +0.021% | $70.1M | $51.8M | 50x | as long as short |
| Bulk BNB-USD | +0.0140% | 1h | 805.09 | +0.227% | $650K | $11K | 10x | as long as short |
| Hyperliquid BNB | +0.0181% | 1h | 803.02 | −0.030% | $51.6M | $21.3M | 10x | as long as short |
| dYdX BNB-USD | +0.0195% | 1h | 803.01 | −0.031% | $170K | $55K | 10x | as long as short |
| RISEx BNB/USDC | +0.0209% | 1h | 802.82 | −0.055% | $1.1M | $1.4M | 20x | as long as short |
| BloFin BNB-USDT | +0.0222% | 8h | 804.78 | +0.189% | $18.9M | $3.1M | 75x | as long as short |
| Hibachi BNB/USDT-P | +0.0240% | 1h | 803.60 | +0.042% | $71K | $48K | 12x | as long as short |
| 01 Exchange BNBUSD | +0.0280% | 1h | 804.35 | +0.136% | $28K | $1K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0335% | 1h | 802.10 | −0.145% | $6K | $3K | 40x | as long as short |
| Injective BNB/USDC PERP | +0.0353% | 1h | 804.92 | +0.207% | $19K | $526K | 30x | as long as short |
| Backpack BNB_USDC_PERP | +0.0656% | 1h | 805.34 | +0.259% | $3.0M | $5.3M | 40x | as long as short |
Lighter BNB
Nado BNB-PERP
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
MEXC BNB_USDT
BingX BNB-USDC
Binance BNBUSDT
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
Phemex BNBUSDT
Bulk BNB-USD
Hyperliquid BNB
dYdX BNB-USD
RISEx BNB/USDC
BloFin BNB-USDT
Hibachi BNB/USDT-P
01 Exchange BNBUSD
Reya BNBRUSDPERP
Injective BNB/USDC PERP
Backpack BNB_USDC_PERP