Funding arb · Price arb /

BNB

all BNB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Pacifica against SunX+0.057%7-day average −0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$580.585% of the position

Long on SunX Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.007%+$1 on $10k

Price spread, last 3 days (all we have)−0.032%−$3 · spread now +0.057%, 7d avg −0.045%

Together, before fees−0.025%+ Points / potential airdropPacifica: Active · farm board−$2 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.102% dearer against SunX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.045%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX BNB-USDT	793.60	0.0100	pay 0.0100% / 8h	6h 32m	$13K	$1.6M	50x
Short	Pacifica BNB	794.05	0.0100	get 0.0013% / 1h	32m 39s	$1.2M	$926K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against SunX. 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 SunXbpFee PacificabpOrdersPrice spread, now +0.057%Rate

Funding earned: $0
Price spread: +0.057% → −0.045%: $10.17
Slippage, 4 orders: −$42.47
Fee SunX: 4 bp × 2 orders: −$8
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$48.3
Costs to cover: 0.585%
Break-even: never at this rate

Slippage from SunX: live order book, 12 min ago; Pacifica: live order book, 1 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 SunX live order book, 12 min ago	15.06 bp	23.0 bp −$23	37.9 bp −$379	doesn't fit	doesn't fit
Sell Pacifica live order book, 1 min ago	1.32 bp	6.5 bp −$6	9.3 bp −$93	doesn't fit	doesn't fit

BNB on 45 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 −0.0167% / S +0.0335%	1h	792.91	−0.087%	$46K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0132%	1h	792.78	−0.104%	$2.5M	$1.0M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	794.21	+0.077%	$4K	$239	25x	as long as short
StandX BNB-USD	0.0000%	1h	793.47	−0.016%	$857K	$3.1M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	792.87	−0.092%	$9.7M	—	150x	as long as short
Gate BNB_USDT	+0.0015%	8h	793.30	−0.038%	$35.3M	$55.8M	75x	as long as short
Variational Omni BNB	+0.0021%	8h	792.33	−0.160%	$4.0M	$4.9M	—	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.448%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0034%	8h	794.10	+0.063%	$6.1M	$19.8M	200x	as long as short
GRVT BNB_USDT_Perp	+0.0045%	8h	793.31	−0.037%	$3.0M	$28.8M	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BNB-USDC	+0.0049%	8h	793.75	+0.019%	—	$13.3M	—	as long as short
Coinbase International BNB-PERP-INTX	+0.0056%	1h	791.17	−0.306%	$607K	$1.1M	50x	as long as short
dYdX BNB-USD	+0.0063%	1h	793.27	−0.041%	$160K	$63K	10x	as long as short
MEXC BNB_USDT	+0.0063%	8h	794.50	+0.113%	$82.4M	$12.8M	200x	as long as short
Binance BNBUSDT	+0.0063%	8h	794.55	+0.120%	$494.3M	$812.8M	75x	as long as short
Phemex BNBUSDT	+0.0067%	8h	793.38	−0.028%	$69.4M	$50.7M	50x	as long as short
Phoenix BNB	+0.0088%	1h	792.22	−0.174%	$170K	$36K	10x	as long as short
Lighter BNB	+0.0096%	1h	794.00	+0.051%	$2.8M	$4.0M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	793.04	−0.071%	$383K	$409K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	793.10	−0.063%	$1.4M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	794.11	+0.064%	$52.1M	$19.8M	10x	as long as short
Pacifica BNBshort	+0.0100%	1h	794.05	+0.057%	$1.2M	$926K	20x
Bybit BNBUSDT	+0.0100%	8h	793.77	+0.021%	$138.5M	$76.5M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	793.70	+0.013%	$53.2M	$110.6M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	794.10	+0.063%	$52K	$134K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	793.64	+0.005%	$27.7M	$10.1M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	793.66	+0.008%	$77.3M	$28.3M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	793.22	−0.048%	$4.1M	$77.1M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	793.21	−0.049%	$159K	$436K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	792.80	−0.101%	$111K	$888K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	793.10	−0.062%	$32K	$9K	10x	as long as short
SunX BNB-USDTlong	+0.0100%	8h	793.60	long leg	$13K	$1.6M	50x
SoDEX BNB-USD	+0.0100%	1h	793.10	−0.063%	$390K	$995K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	792.54	−0.133%	$8.1M	$8.8M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	794.11	+0.064%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	792.99	−0.076%	$1.7M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	792.93	−0.084%	$381K	$110K	10x	as long as short
RISEx BNB/USDC	+0.0131%	1h	792.88	−0.090%	$1.1M	$1.3M	20x	as long as short
Kalshi KXBNBPERP	+0.0163%	8h	793.50	−0.013%	$111K	$2.8M	4.8x	as long as short
Bulk BNB-USD	+0.0175%	1h	792.60	−0.126%	$642K	$16K	10x	as long as short
01 Exchange BNBUSD	+0.0248%	1h	793.18	−0.053%	$28K	$2K	10x	as long as short
Reya BNBRUSDPERP	+0.0329%	1h	792.61	−0.125%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0395%	1h	793.78	+0.023%	$2.7M	$5.7M	40x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0400%	1h	793.43	−0.021%	$1.6M	$161K	25x	as long as short
Hibachi BNB/USDT-P	+0.0528%	1h	793.73	+0.016%	$68K	$38K	12x	as long as short