Funding arb · Price arb /

BNB

all BNB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Orderly against Pacifica−0.014%7-day average 0.000% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Pacifica Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 4 days (all we have)−0.344%−$34 · spread now −0.014%, 7d avg 0.000%

Together, before fees−0.352%+ Points / potential airdropPacifica: Active · farm board−$35 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica BNB	790.71	0.0100	pay 0.0013% / 1h	53m 36s	$1.2M	$931K	20x
Short	Orderly PERP_BNB_USDC	790.60	0.0100	get 0.0100% / 8h	4h 53m	$266K	$498K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.014%Rate

Funding earned: −$0.01
Price spread: −0.014% → 0.000%: −$1.4
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$15.41
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Pacifica: live order book, just now; Orderly: 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, just now	0.25 bp	8.2 bp −$8	doesn't fit	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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]	L −0.0182% / S +0.0348%	1h	790.63	−0.010%	$46K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	791.07	+0.045%	$4K	$42	25x	as long as short
StandX BNB-USD	0.0000%	1h	791.78	+0.135%	$856K	$3.1M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	790.71	0.000%	$9.6M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.818%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0047%	8h	791.15	+0.055%	$6.1M	$18.7M	200x	as long as short
BingX BNB-USDC	+0.0056%	8h	790.58	−0.017%	—	$13.3M	—	as long as short
Phemex BNBUSDT	+0.0062%	8h	791.33	+0.078%	$69.3M	$49.9M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0064%	1h	790.64	−0.009%	$583K	$1.9M	50x	as long as short
MEXC BNB_USDT	+0.0070%	8h	791.30	+0.074%	$80.4M	$12.2M	200x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BNBUSDT	+0.0070%	8h	791.08	+0.047%	$493.7M	$789.6M	75x	as long as short
Lighter BNB	+0.0096%	1h	790.69	−0.002%	$2.7M	$3.8M	20x	as long as short
Orderly PERP_BNB_USDCshort	+0.0100%	8h	790.60	−0.014%	$266K	$498K	50x
Nado BNB-PERP	+0.0100%	1h	790.85	+0.018%	$1.5M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	791.12	+0.052%	$51.9M	$17.5M	10x	as long as short
Pacifica BNBlong	+0.0100%	1h	790.71	long leg	$1.2M	$931K	20x
Bybit BNBUSDT	+0.0100%	8h	790.21	−0.063%	$139.0M	$74.9M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	790.20	−0.065%	$53.4M	$111.5M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	790.70	−0.001%	$52K	$130K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	790.40	−0.039%	$35.5M	$56.4M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	790.45	−0.033%	$27.7M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	790.12	−0.075%	$76.5M	$30.3M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	791.01	+0.038%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	790.82	+0.014%	$4.1M	$4.6M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	790.34	−0.047%	$4.1M	$74.3M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	790.18	−0.067%	$159K	$441K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	790.80	+0.011%	$133K	$950K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	790.66	−0.006%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	791.49	+0.099%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	790.70	−0.001%	$389K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	790.83	+0.014%	$8.1M	$9.3M	75x	as long as short
Paradex BNB-USD-PERP	+0.0101%	8h	791.13	+0.053%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	789.94	−0.097%	$1.8M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	790.54	−0.022%	$380K	$110K	10x	as long as short
Phoenix BNB	+0.0107%	1h	791.15	+0.055%	$170K	$35K	10x	as long as short
dYdX BNB-USD	+0.0111%	1h	791.17	+0.057%	$160K	$64K	10x	as long as short
GRVT BNB_USDT_Perp	+0.0136%	8h	790.47	−0.031%	$2.9M	$28.0M	10x	as long as short
Kalshi KXBNBPERP	+0.0184%	8h	791.50	+0.100%	$113K	$2.7M	4.8x	as long as short
BloFin BNB-USDT	+0.0190%	8h	791.46	+0.095%	$18.2M	$2.2M	75x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	790.99	+0.036%	$1.5M	$143K	25x	as long as short
01 Exchange BNBUSD	+0.0232%	1h	791.04	+0.042%	$28K	$4K	10x	as long as short
Kraken Futures PF_BNBUSD	+0.0263%	1h	790.53	−0.023%	$2.5M	$1.2M	50x	as long as short
Bulk BNB-USD	+0.0296%	1h	791.64	+0.117%	$641K	$9K	10x	as long as short
Reya BNBRUSDPERP	+0.0327%	1h	790.46	−0.032%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0461%	1h	790.81	+0.012%	$1.1M	$976K	20x	as long as short
Hibachi BNB/USDT-P	+0.0544%	1h	791.40	+0.088%	$68K	$38K	12x	as long as short