Funding you earn now, next payment 22:00 UTC−0.0021%/8h= −2.3% APRpaid last 24h −0.003%
Price spread now: Pacifica against Phemex−0.042%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$270.270% of the position
Funding, last 7 days+0.117%+$12 on $10k
+Price spread, last 3 days (all we have)+0.162%+$16 · spread now −0.042%, 7d avg −0.037%
=Together, before fees+0.279%+ Points / potential airdropPacifica: Active · farm board+$28 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.037%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.117%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex BNBUSDT | 803.22 | 0.0121 | pay 0.0121% / 8h | 2h 47m | $70.1M | $51.6M | 50x |
| Short | Pacifica BNB | 802.88 | 0.0100 | get 0.0013% / 1h | 47m 13s | $1.2M | $923K | 20x |
Phemex BNBUSDT
Pacifica BNBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Phemex. 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
- −$4.4
- Price spread: −0.042% → −0.037%
- −$0.48
- Slippage, 4 orders
- −$7.01
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$31.89
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 2 min ago; Pacifica: live order book, 2 min ago.
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 Phemex live order book, 2 min ago | 0.93 bp | 7.2 bp −$7 | 7.4 bp −$74 | 13.7 bp −$1,366 | doesn't fit |
| Sell Pacifica live order book, 2 min ago | 0.69 bp | 4.8 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
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 −0.0195% / S +0.0371% | 1h | 802.66 | −0.070% | $48K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 803.06 | −0.020% | $4K | $1K | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 802.69 | −0.066% | $3.0M | $30.0M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 803.30 | +0.010% | $116K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 803.32 | +0.012% | $868K | $3.0M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 802.76 | −0.058% | $9.8M | — | 150x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0038% | 1h | 802.76 | −0.058% | $2.5M | $909K | 50x | as long as short |
| Variational Omni BNB | +0.0063% | 8h | 802.15 | −0.133% | $4.1M | $5.3M | — | as long as short |
| BingX BNB-USDT | +0.0068% | 8h | 802.75 | −0.059% | — | $34.5M | — | as long as short |
| Aster BNBUSDT | +0.0086% | 8h | 803.25 | +0.004% | $6.4M | $18.9M | 200x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Kraken Futures PF_BNBUSD
Variational Omni BNB
BingX BNB-USDT
Aster BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BNB-PERP-INTX | +0.0088% | 1h | 803.99 | +0.096% | $608K | $888K | 50x | as long as short |
| Bybit BNBUSDT | +0.0094% | 8h | 802.04 | −0.147% | $138.7M | $82.6M | 75x | as long as short |
| Lighter BNB | +0.0096% | 1h | 802.83 | −0.048% | $2.8M | $4.2M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 802.43 | −0.099% | $1.4M | $2.8M | 20x | as long as short |
| Pacifica BNBshort | +0.0100% | 1h | 802.88 | −0.042% | $1.2M | $923K | 20x | |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 802.50 | −0.090% | $54.9M | $115.1M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 802.70 | −0.065% | $52K | $161K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 802.40 | −0.102% | $35.9M | $58.3M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 802.55 | −0.083% | $28.1M | $10.5M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 802.35 | −0.108% | $78.9M | $24.5M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 802.91 | −0.038% | $4.2M | $76.9M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 803.32 | +0.012% | $158K | $437K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 802.58 | −0.080% | $118K | $868K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 802.73 | −0.061% | $388K | $593K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 802.86 | −0.045% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 803.29 | +0.008% | $13K | $1.7M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 802.80 | −0.052% | $395K | $1.0M | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 803.20 | −0.003% | $1.6M | $165K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 802.95 | −0.034% | $8.2M | $7.4M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 803.45 | +0.028% | $78K | $19K | 50x | as long as short |
| MEXC BNB_USDT | +0.0101% | 8h | 803.70 | +0.060% | $84.3M | $13.5M | 200x | as long as short |
| Binance BNBUSDT | +0.0102% | 8h | 803.32 | +0.012% | $518.2M | $804.3M | 75x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 802.36 | −0.107% | $1.9M | $6.1M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 802.95 | −0.033% | $386K | $40K | 10x | as long as short |
| Phemex BNBUSDTlong | +0.0121% | 8h | 803.22 | long leg | $70.1M | $51.6M | 50x | |
| Phoenix BNB | +0.0125% | 1h | 802.78 | −0.055% | $173K | $35K | 10x | as long as short |
| Bulk BNB-USD | +0.0161% | 1h | 803.45 | +0.029% | $649K | $11K | 10x | as long as short |
| Hyperliquid BNB | +0.0162% | 1h | 803.34 | +0.015% | $51.6M | $21.3M | 10x | as long as short |
| RISEx BNB/USDC | +0.0209% | 1h | 803.05 | −0.021% | $1.1M | $1.4M | 20x | as long as short |
| dYdX BNB-USD | +0.0209% | 1h | 802.35 | −0.108% | $170K | $55K | 10x | as long as short |
| BloFin BNB-USDT | +0.0222% | 8h | 803.39 | +0.021% | $18.8M | $3.0M | 75x | as long as short |
| Hibachi BNB/USDT-P | +0.0248% | 1h | 802.53 | −0.086% | $71K | $48K | 12x | as long as short |
| 01 Exchange BNBUSD | +0.0312% | 1h | 803.48 | +0.032% | $28K | $1K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0335% | 1h | 802.43 | −0.098% | $6K | $3K | 40x | as long as short |
| Injective BNB/USDC PERP | +0.0353% | 1h | 804.92 | +0.212% | $19K | $526K | 30x | as long as short |
| Backpack BNB_USDC_PERP | +0.0698% | 1h | 803.87 | +0.081% | $3.0M | $5.3M | 40x | as long as short |
Coinbase International BNB-PERP-INTX
Bybit BNBUSDT
Lighter BNB
Nado BNB-PERP
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
Binance BNBUSDT
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
Bulk BNB-USD
Hyperliquid BNB
RISEx BNB/USDC
dYdX BNB-USD
BloFin BNB-USDT
Hibachi BNB/USDT-P
01 Exchange BNBUSD
Reya BNBRUSDPERP
Injective BNB/USDC PERP
Backpack BNB_USDC_PERP