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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRnext payment $0.13 per $10,000 · paid last 24h −0.030%
Price spread now: StandX against Pacifica+0.108%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$330.327% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.217%−$22 on $10k
Price spread, last 7 days−0.040%−$4 · spread now +0.108%, 7d avg +0.044%
Together, before fees−0.258%+ Points / potential airdropPacifica: Active · StandX: Active · farm board−$26 on $10k · with fees, hour by hour
The price spread pays, funding is against you. StandX is 0.064% dearer against Pacifica than usual: you sell high and buy low (spread +0.108% now, against its 7-day average of +0.044%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica BNB802.460.0100pay 0.0013% / 1h49m 08s$1.2M$923K20x
ShortStandX BNB-USD803.330get 0.0000% / 1h49m 08s$868K$3.0M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
−$21
Price spread: +0.108% → +0.044%
$6.4
Slippage, 4 orders
−$16.73
Fee Pacifica: 4 bp × 2 orders
−$8
Fee StandX: 4 bp × 2 orders
−$8
Net
−$47.33
Costs to cover
0.327%
Break-even
never at this rate
Slippage from Pacifica: live order book, 5 min ago; StandX: 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 ago1.49 bp5.8 bp −$6doesn't fitdoesn't fitdoesn't fit
Sell StandX live order book, 5 min ago5.47 bp11.5 bp −$1113.8 bp −$13853.9 bp −$5,393doesn'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 −0.0195% / S +0.0371%1h802.28−0.022%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h802.82+0.045%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h803.08+0.077%$3.0M$30.0M10xas long as short
Kalshi KXBNBPERP0.0000%8h802.90+0.055%$109K$2.5M4.8xas long as short
StandX BNB-USDshort0.0000%1h803.33+0.108%$868K$3.0M30x
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h802.22−0.031%$9.7M150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h802.31−0.018%$2.5M$916K50xas long as short
Variational Omni BNB+0.0063%8h802.15−0.038%$4.1M$5.3Mas long as short
BingX BNB-USDC+0.0070%8h802.33−0.016%$13.3Mas long as short
Aster BNBUSDT+0.0086%8h802.79+0.041%$6.4M$18.9M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0088%1h803.99+0.191%$608K$898K50xas long as short
Lighter BNB+0.0096%1h802.32−0.018%$2.8M$4.2M20xas long as short
Bybit BNBUSDT+0.0098%8h801.72−0.092%$138.8M$83.5M75xas long as short
Nado BNB-PERP+0.0100%1h801.89−0.071%$1.4M$2.8M20xas long as short
Pacifica BNBlong+0.0100%1h802.46long leg$1.2M$923K20x
OKX BNB-USDT-SWAP+0.0100%8h802.00−0.057%$54.9M$115.2M50xas long as short
Arcus BNB-USD+0.0100%1h802.50+0.005%$52K$191K10xas long as short
Gate BNB_USDT+0.0100%8h801.90−0.070%$35.9M$58.2M75xas long as short
KuCoin BNBUSDTM+0.0100%8h802.06−0.050%$28.1M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h801.73−0.091%$78.9M$24.6M75xas long as short
edgeX BNBUSDC+0.0100%4h803.76+0.162%$4.2M$76.8M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h803.32+0.107%$158K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h802.18−0.035%$118K$869K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h802.21−0.031%$388K$595K50xas long as short
Derive BNB-PERP+0.0100%1h802.42−0.005%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h802.83+0.046%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h802.30−0.020%$395K$1.0M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h802.72+0.032%$1.6M$162K25xas long as short
HTX BNB-USDT+0.0100%8h802.58+0.015%$8.2M$7.4M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h802.90+0.055%$78K$19K50xas long as short
MEXC BNB_USDT+0.0102%8h803.30+0.105%$84.3M$13.5M200xas long as short
Binance BNBUSDT+0.0102%8h802.73+0.034%$517.8M$807.3M75xas long as short
Extended BNB-USD+0.0104%1h801.82−0.080%$1.9M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h802.35−0.014%$385K$40K10xas long as short
Phemex BNBUSDT+0.0123%8h802.78+0.040%$70.1M$51.6M50xas long as short
Phoenix BNB+0.0125%1h803.11+0.081%$173K$35K10xas long as short
Hyperliquid BNB+0.0159%1h802.81+0.044%$51.5M$21.3M10xas long as short
Bulk BNB-USD+0.0161%1h803.45+0.124%$649K$11K10xas long as short
RISEx BNB/USDC+0.0209%1h802.63+0.021%$1.1M$1.4M20xas long as short
dYdX BNB-USD+0.0216%1h802.35−0.014%$170K$55K10xas long as short
BloFin BNB-USDT+0.0222%8h802.79+0.041%$18.8M$3.1M75xas long as short
Hibachi BNB/USDT-P+0.0248%1h802.79+0.041%$71K$48K12xas long as short
01 Exchange BNBUSD+0.0320%1h802.94+0.060%$28K$1K10xas long as short
Reya BNBRUSDPERP+0.0335%1h801.97−0.061%$6K$3K40xas long as short
Injective BNB/USDC PERP+0.0353%1h804.92+0.307%$19K$526K30xas long as short
Backpack BNB_USDC_PERP+0.0682%1h803.45+0.123%$3.0M$5.3M40xas long as short