BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0338%/8h= −37.0% APRnext payment −$0.42 per $10,000 · paid last 24h −0.034%

Price spread now: Pacifica against RISEx−0.003%7-day average +0.043% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$190.187% of the position

Long on RISEx Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.124%−$12 on $10k

Price spread, last 7 days−0.012%−$1 · spread now −0.003%, 7d avg +0.043%

Together, before fees−0.135%+ Points / potential airdropPacifica: Active · farm board−$14 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Pacifica is 0.046% cheaper against RISEx than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.043%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.124% in total (about -12.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.42 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx BNB/USDC	786.40	0.0438	pay 0.0055% / 1h	37m 12s	$1.1M	$914K	20x
Short	Pacifica BNB	786.37	0.0100	get 0.0013% / 1h	37m 12s	$1.2M	$933K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against RISEx. 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 RISExbpFee PacificabpOrdersPrice spread, now −0.003%Rate

Funding earned: −$71.01
Price spread: −0.003% → +0.043%: −$4.58
Slippage, 4 orders: −$4.7
Fee RISEx: 3 bp × 2 orders: −$6
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$94.29
Costs to cover: 0.187%
Break-even: never at this rate

Slippage from RISEx: live order book, 1 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 RISEx live order book, 1 min ago	0.06 bp	3.1 bp −$3	8.0 bp −$80	doesn't fit	doesn't fit
Sell Pacifica live order book, 2 min ago	0.06 bp	4.2 bp −$4	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 −0.0170% / S +0.0337%	1h	786.02	−0.048%	$43K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	786.49	+0.012%	$4K	$42	25x	as long as short
StandX BNB-USD	0.0000%	1h	786.63	+0.030%	$848K	$2.8M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	785.91	−0.062%	$9.5M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.377%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0049%	8h	786.60	+0.025%	$6.0M	$18.9M	200x	as long as short
BingX BNB-USDT	+0.0052%	8h	786.07	−0.042%	—	$22.3M	—	as long as short
MEXC BNB_USDT	+0.0064%	8h	787.00	+0.077%	$81.0M	$12.0M	200x	as long as short
Binance BNBUSDT	+0.0064%	8h	786.42	+0.003%	$489.9M	$814.8M	75x	as long as short
dYdX BNB-USD	+0.0065%	1h	785.68	−0.092%	$159K	$62K	10x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex BNBUSDT	+0.0076%	8h	786.61	+0.027%	$68.8M	$51.0M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0080%	1h	786.88	+0.061%	$568K	$1.9M	50x	as long as short
Lighter BNB	+0.0096%	1h	786.03	−0.047%	$2.7M	$3.8M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	786.00	−0.051%	$1.4M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	786.43	+0.004%	$51.5M	$17.6M	10x	as long as short
Pacifica BNBshort	+0.0100%	1h	786.37	−0.003%	$1.2M	$933K	20x
Bybit BNBUSDT	+0.0100%	8h	785.80	−0.076%	$138.3M	$75.2M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	785.80	−0.076%	$53.5M	$113.0M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	786.30	−0.012%	$52K	$129K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	785.90	−0.063%	$37.2M	$58.9M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	785.66	−0.094%	$27.6M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	785.89	−0.065%	$76.1M	$31.1M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	786.35	−0.006%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	785.91	−0.062%	$4.0M	$4.8M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	786.30	−0.012%	$4.1M	$75.9M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	786.60	+0.026%	$158K	$437K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	785.98	−0.053%	$131K	$949K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	786.14	−0.033%	$264K	$470K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	786.14	−0.033%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	786.53	+0.017%	$13K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	786.30	−0.012%	$387K	$983K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	786.25	−0.019%	$8.0M	$10.1M	75x	as long as short
Paradex BNB-USD-PERP	+0.0101%	8h	786.64	+0.031%	$78K	$18K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	785.76	−0.082%	$1.8M	$6.1M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	786.13	−0.034%	$378K	$110K	10x	as long as short
Phoenix BNB	+0.0135%	1h	786.77	+0.047%	$169K	$35K	10x	as long as short
Kalshi KXBNBPERP	+0.0137%	8h	786.60	+0.026%	$171K	$2.7M	4.8x	as long as short
BloFin BNB-USDT	+0.0184%	8h	786.49	+0.012%	$17.7M	$2.2M	75x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	786.55	+0.020%	$1.5M	$143K	25x	as long as short
Kraken Futures PF_BNBUSD	+0.0206%	1h	785.95	−0.057%	$2.5M	$1.2M	50x	as long as short
GRVT BNB_USDT_Perp	+0.0229%	8h	787.18	+0.099%	$2.9M	$29.5M	10x	as long as short
01 Exchange BNBUSD	+0.0256%	1h	786.67	+0.035%	$28K	$4K	10x	as long as short
Bulk BNB-USD	+0.0305%	1h	787.08	+0.087%	$638K	$4K	10x	as long as short
Reya BNBRUSDPERP	+0.0322%	1h	785.81	−0.075%	$6K	$3K	40x	as long as short
RISEx BNB/USDClong	+0.0438%	1h	786.40	long leg	$1.1M	$914K	20x
Hibachi BNB/USDT-P	+0.0536%	1h	786.12	−0.035%	$67K	$39K	12x	as long as short