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: Pacifica against StandX−0.113%50s7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$320.317% 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+0.029%+$3 · spread now −0.113%, 7d avg −0.044%
Together, before fees+0.246%+ Points / potential airdropStandX: Active · Pacifica: Active · farm board+$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.070% cheaper against StandX than usual: you would sell low and buy high (spread −0.113% now, against its 7-day average of −0.044%). If the spread goes back, that is −$7 on $10k: about 2.3 days of funding at the current rate (+$3 a day). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX BNB-USD803.580get 0.0000% / 1h38m 41s$868K$3.0M30x
ShortPacifica BNB802.670.0100get 0.0013% / 1h38m 41s$1.2M$923K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against StandX. 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: −0.113% → −0.044%
−$6.97
Slippage, 4 orders
−$15.69
Fee StandX: 4 bp × 2 orders
−$8
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$17.66
Costs to cover
0.317%
Break-even
12.9 days
Slippage from StandX: live order book, just now; Pacifica: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy StandX live order book, just now4.17 bp10.3 bp −$1013.4 bp −$134doesn't fitdoesn't fit
Sell Pacifica live order book, just now1.50 bp5.6 bp −$6doesn't fitdoesn't fitdoesn'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%1h802.30−0.159%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h803.25−0.041%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h803.28−0.037%$3.0M$29.7M10xas long as short
Kalshi KXBNBPERP0.0000%8h803.20−0.047%$112K$2.5M4.8xas long as short
StandX BNB-USDlong0.0000%1h803.58long leg$868K$3.0M30x
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h802.33−0.156%$9.7M150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h802.12−0.182%$2.5M$910K50xas long as short
Variational Omni BNB+0.0055%8h802.35−0.153%$4.0M$5.4Mas long as short
BingX BNB-USDT+0.0062%8h802.42−0.144%$34.5Mas long as short
Bybit BNBUSDT+0.0080%8h801.96−0.202%$138.6M$82.6M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0086%8h802.89−0.086%$6.4M$18.8M200xas long as short
Coinbase International BNB-PERP-INTX+0.0088%1h803.99+0.051%$608K$878K50xas long as short
Lighter BNB+0.0096%1h802.56−0.127%$2.8M$4.2M20xas long as short
Nado BNB-PERP+0.0100%1h802.00−0.197%$1.4M$2.8M20xas long as short
Pacifica BNBshort+0.0100%1h802.67−0.113%$1.2M$923K20x
OKX BNB-USDT-SWAP+0.0100%8h802.50−0.134%$55.1M$115.2M50xas long as short
Arcus BNB-USD+0.0100%1h802.60−0.122%$52K$161K10xas long as short
Gate BNB_USDT+0.0100%8h802.15−0.178%$35.9M$58.4M75xas long as short
KuCoin BNBUSDTM+0.0100%8h802.03−0.193%$28.1M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h802.09−0.185%$78.9M$24.5M75xas long as short
edgeX BNBUSDC+0.0100%4h803.51−0.009%$4.2M$76.8M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h803.43−0.019%$158K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h802.12−0.182%$118K$868K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h802.37−0.151%$388K$593K50xas long as short
Derive BNB-PERP+0.0100%1h802.45−0.141%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h802.92−0.082%$13K$1.7M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h802.78−0.100%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h802.64−0.116%$8.2M$7.4M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h802.94−0.080%$78K$19K50xas long as short
MEXC BNB_USDT+0.0103%8h803.50−0.010%$84.3M$13.6M200xas long as short
Binance BNBUSDT+0.0103%8h803.09−0.061%$517.9M$803.5M75xas long as short
Extended BNB-USD+0.0104%1h801.91−0.208%$1.9M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h802.44−0.142%$385K$40K10xas long as short
SoDEX BNB-USD+0.0117%1h802.30−0.159%$395K$1.0M10xas long as short
Phemex BNBUSDT+0.0122%8h802.86−0.090%$70.0M$51.7M50xas long as short
Phoenix BNB+0.0125%1h803.50−0.010%$173K$35K10xas long as short
Hyperliquid BNB+0.0149%1h803.04−0.067%$51.6M$21.3M10xas long as short
Bulk BNB-USD+0.0194%1h803.61+0.004%$649K$11K10xas long as short
RISEx BNB/USDC+0.0209%1h802.55−0.128%$1.1M$1.4M20xas long as short
BloFin BNB-USDT+0.0223%8h802.88−0.087%$18.8M$3.1M75xas long as short
Hibachi BNB/USDT-P+0.0256%1h802.85−0.090%$71K$49K12xas long as short
dYdX BNB-USD+0.0259%1h802.24−0.167%$170K$55K10xas long as short
01 Exchange BNBUSD+0.0312%1h802.92−0.082%$28K$1K10xas long as short
Reya BNBRUSDPERP+0.0334%1h801.86−0.215%$6K$3K40xas long as short
Injective BNB/USDC PERP+0.0353%1h804.92+0.167%$19K$526K30xas long as short
Backpack BNB_USDC_PERP+0.0680%1h803.34−0.030%$3.0M$5.3M40xas long as short