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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0228%/8h= +24.9% APRnext payment +$0.28 per $10,000 · paid last 24h +0.067%
Price spread now: Reya against Pacifica−0.081%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · Reya: Active · farm boardneeds both histories
Funding pays, the price is against you. Reya is 0.081% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.081% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 29 hours of funding at the current rate (+$7 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica BNB789.640.0100pay 0.0013% / 1h42m 04s$1.2M$909K20x
ShortReya BNBRUSDPERP789.000.0328get 0.0041% / 1h42m 04s$6K$3K40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$47.8
Price spread: −0.081% → 0.000%
−$8.12
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Reya: 3 bp × 2 orders
−$6
Net
$25.69
Costs to cover
0.140%
Break-even
3.2 days
Slippage unknown: Pacifica: live order book, 2 min ago; Reya: 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
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 2 min ago2.60 bp6.9 bp −$7doesn't fitdoesn't fitdoesn't fit
Sell Reya no order-book sample
Reya: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0167% / S +0.0335%1h789.07−0.072%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h788.72−0.117%$4K$23925xas long as short
StandX BNB-USD0.0000%1h789.67+0.004%$853K$3.2M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h789.09−0.069%$9.6M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.957%$19K$789K30xas long as short
Aster BNBUSDT+0.0041%8h789.76+0.015%$6.2M$18.7M200xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h789.09−0.070%$618K$1.8M50xas long as short
BingX BNB-USDT+0.0057%8h789.11−0.067%$34.4Mas long as short
Phemex BNBUSDT+0.0069%8h789.640.000%$69.1M$50.9M50xas long as short
MEXC BNB_USDT+0.0073%8h789.90+0.033%$80.3M$12.4M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0075%8h789.14−0.063%$493.5M$806.4M75xas long as short
Variational Omni BNB+0.0078%8h787.81−0.231%$4.1M$4.7Mas long as short
Kraken Futures PF_BNBUSD+0.0091%1h789.23−0.052%$2.5M$1.2M50xas long as short
Lighter BNB+0.0096%1h789.35−0.036%$2.8M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h789.07−0.072%$265K$497K50xas long as short
Nado BNB-PERP+0.0100%1h789.15−0.062%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h789.35−0.037%$51.7M$18.4M10xas long as short
Pacifica BNBlong+0.0100%1h789.64long leg$1.2M$909K20x
Bybit BNBUSDT+0.0100%8h788.32−0.167%$138.6M$77.4M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h788.80−0.106%$53.5M$112.4M50xas long as short
Arcus BNB-USD+0.0100%1h789.50−0.018%$52K$130K10xas long as short
Gate BNB_USDT+0.0100%8h788.90−0.094%$35.3M$56.8M75xas long as short
KuCoin BNBUSDTM+0.0100%8h789.15−0.062%$27.7M$10.4M75xas long as short
Bitget BNBUSDT+0.0100%8h788.86−0.099%$76.9M$30.0M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h789.06−0.073%$2.2M$6.1M40xas long as short
edgeX BNBUSDC+0.0100%4h788.50−0.144%$4.1M$77.0M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h788.65−0.125%$159K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h789.16−0.061%$137K$946K10xas long as short
Derive BNB-PERP+0.0100%1h789.31−0.042%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h789.87+0.030%$12K$1.6M50xas long as short
HTX BNB-USDT+0.0100%8h789.22−0.053%$8.1M$9.1M75xas long as short
Paradex BNB-USD-PERP+0.0103%8h790.08+0.055%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h788.74−0.114%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h789.13−0.065%$379K$110K10xas long as short
Phoenix BNB+0.0107%1h788.34−0.165%$169K$35K10xas long as short
GRVT BNB_USDT_Perp+0.0122%8h788.59−0.132%$2.9M$28.3M10xas long as short
SoDEX BNB-USD+0.0166%1h789.20−0.056%$388K$1.0M10xas long as short
Kalshi KXBNBPERP+0.0183%8h789.60−0.005%$95K$2.8M4.8xas long as short
BloFin BNB-USDT+0.0193%8h789.60−0.005%$18.2M$2.3M75xas long as short
dYdX BNB-USD+0.0239%1h788.96−0.086%$160K$63K10xas long as short
01 Exchange BNBUSD+0.0312%1h789.99+0.044%$28K$4K10xas long as short
Reya BNBRUSDPERPshort+0.0328%1h789.00−0.081%$6K$3K40x
RISEx BNB/USDC+0.0361%1h789.68+0.006%$1.1M$1.0M20xas long as short
Bulk BNB-USD+0.0373%1h788.05−0.201%$638K$13K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0400%1h789.56−0.010%$1.5M$152K25xas long as short
Hibachi BNB/USDT-P+0.0576%1h788.44−0.152%$67K$38K12xas long as short