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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against Pacifica−0.040%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$370.369% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.040%−$4 on $10k
Price spread, last 7 days−0.018%−$2 · spread now −0.040%, 7d avg −0.061%
Together, before fees−0.058%+ Points / potential airdropPacifica: Active · farm board−$6 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: KuCoin is 0.021% dearer against Pacifica than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.061%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica BNB802.930.0100pay 0.0013% / 1h54m 17s$1.2M$926K20x
ShortKuCoin BNBUSDTM802.610.0100get 0.0100% / 8h54m 17s$28.1M$10.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.040% → −0.061%
$2.12
Slippage, 4 orders
−$16.91
Fee Pacifica: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$34.79
Costs to cover
0.369%
Break-even
never at this rate
Slippage from Pacifica: live order book, 5 min ago; KuCoin: live order book, 5 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, 5 min ago1.62 bp6.4 bp −$610.8 bp −$108doesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago0.44 bp14.7 bp −$1522.9 bp −$22957.6 bp −$5,759doesn'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%1h802.65−0.034%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h803.20+0.034%$4K$1K25xas long as short
Kraken Futures PF_BNBUSD−0.0074%1h802.80−0.016%$2.6M$969K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h802.50−0.054%$3.0M$28.2M10xas long as short
StandX BNB-USD0.0000%1h803.25+0.040%$868K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h802.61−0.040%$9.8M150xas long as short
Variational Omni BNB+0.0031%8h801.64−0.160%$4.2M$5.4Mas long as short
BingX BNB-USDC+0.0053%8h802.54−0.049%$13.3Mas long as short
Bybit BNBUSDT+0.0066%8h802.41−0.065%$139.4M$78.6M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h800.72−0.275%$607K$998K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BNB+0.0096%1h803.10+0.021%$2.8M$4.1M20xas long as short
Nado BNB-PERP+0.0100%1h802.40−0.066%$1.4M$2.7M20xas long as short
Pacifica BNBlong+0.0100%1h802.93long leg$1.2M$926K20x
OKX BNB-USDT-SWAP+0.0100%8h802.50−0.054%$54.8M$113.7M50xas long as short
Arcus BNB-USD+0.0100%1h803.10+0.021%$53K$133K10xas long as short
Gate BNB_USDT+0.0100%8h802.50−0.054%$35.8M$57.5M75xas long as short
KuCoin BNBUSDTMshort+0.0100%8h802.61−0.040%$28.1M$10.3M75x
Bitget BNBUSDT+0.0100%8h802.36−0.071%$79.6M$27.4M75xas long as short
edgeX BNBUSDC+0.0100%4h802.60−0.041%$4.2M$77.6M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h802.61−0.040%$162K$442K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h802.67−0.032%$119K$874K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h802.74−0.024%$388K$497K50xas long as short
Derive BNB-PERP+0.0100%1h802.91−0.002%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h803.21+0.035%$13K$1.7M50xas long as short
HTX BNB-USDT+0.0100%8h802.90−0.004%$8.2M$7.9M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h803.29+0.045%$78K$19K50xas long as short
Aster BNBUSDT+0.0103%8h803.45+0.065%$6.4M$18.9M200xas long as short
Extended BNB-USD+0.0104%1h802.30−0.078%$1.9M$6.4M50xas long as short
Aevo BNB-PERP+0.0104%1h803.06+0.017%$386K$40K10xas long as short
Phemex BNBUSDT+0.0114%8h803.38+0.056%$70.2M$51.0M50xas long as short
Kalshi KXBNBPERP+0.0115%8h802.20−0.091%$109K$2.9M4.8xas long as short
MEXC BNB_USDT+0.0122%8h803.70+0.096%$83.6M$13.5M200xas long as short
Binance BNBUSDT+0.0124%8h803.52+0.074%$502.6M$818.4M75xas long as short
Phoenix BNB+0.0155%1h802.36−0.071%$172K$36K10xas long as short
SoDEX BNB-USD+0.0234%1h802.90−0.004%$395K$1.0M10xas long as short
BloFin BNB-USDT+0.0243%8h803.22+0.036%$18.2M$2.6M75xas long as short
Hibachi BNB/USDT-P+0.0248%1h802.63−0.038%$71K$49K12xas long as short
RISEx BNB/USDC+0.0258%1h802.92−0.001%$1.1M$1.4M20xas long as short
Backpack BNB_USDC_PERP+0.0272%1h803.33+0.050%$2.7M$5.7M40xas long as short
Bulk BNB-USD+0.0289%1h801.15−0.222%$651K$20K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h803.21+0.035%$1.6M$165K25xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.269%$19K$789K30xas long as short
Hyperliquid BNB+0.0322%1h803.49+0.070%$52.0M$21.3M10xas long as short
Reya BNBRUSDPERP+0.0332%1h802.25−0.084%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0432%1h803.81+0.110%$28K$1K10xas long as short
dYdX BNB-USD+0.0497%1h802.23−0.087%$162K$62K10xas long as short