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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Pacifica against Extended+0.054%7-day average +0.099% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$200.203% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.027%+$3 on $10k
Price spread, last 7 days−0.025%−$2 · spread now +0.054%, 7d avg +0.099%
Together, before fees+0.002%+ Points / potential airdropExtended: Active · Pacifica: Active · farm board$0 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 0.044% cheaper against Extended than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.099%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BNB-USD788.740.0104pay 0.0013% / 1h41m 59s$1.8M$5.9M50x
ShortPacifica BNB789.170.0100get 0.0013% / 1h41m 59s$1.2M$931K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Extended. 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
−$0.84
Price spread: +0.054% → +0.099%
−$4.44
Slippage, 4 orders
−$7.33
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$25.61
Costs to cover
0.203%
Break-even
never at this rate
Slippage from Extended: 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 2 min ago0.06 bp5.7 bp −$67.2 bp −$72doesn't fitdoesn't fit
Sell Pacifica live order book, 2 min ago0.06 bp4.3 bp −$4doesn'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 −0.0184% / S +0.0349%1h788.99+0.031%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h789.31+0.072%$4K$4225xas long as short
StandX BNB-USD0.0000%1h790.66+0.243%$855K$3.2M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h789.01+0.034%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.072%$19K$789K30xas long as short
Aster BNBUSDT+0.0042%8h789.74+0.127%$6.1M$18.7M200xas long as short
BingX BNB-USDT+0.0054%8h789.22+0.060%$34.3Mas long as short
Coinbase International BNB-PERP-INTX+0.0064%1h789.45+0.089%$582K$1.9M50xas long as short
Binance BNBUSDT+0.0067%8h789.80+0.134%$492.8M$789.6M75xas long as short
MEXC BNB_USDT+0.0067%8h790.00+0.159%$80.2M$12.3M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0075%8h789.64+0.113%$69.1M$50.1M50xas long as short
Lighter BNB+0.0096%1h789.26+0.066%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h789.14+0.050%$265K$492K50xas long as short
Nado BNB-PERP+0.0100%1h788.65−0.012%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h789.52+0.098%$51.8M$17.5M10xas long as short
Pacifica BNBshort+0.0100%1h789.17+0.054%$1.2M$931K20x
Bybit BNBUSDT+0.0100%8h788.93+0.023%$138.7M$74.7M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h788.90+0.020%$53.3M$111.1M50xas long as short
Arcus BNB-USD+0.0100%1h789.20+0.058%$52K$130K10xas long as short
Gate BNB_USDT+0.0100%8h789.05+0.039%$35.4M$56.7M75xas long as short
KuCoin BNBUSDTM+0.0100%8h789.00+0.032%$27.6M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h788.92+0.022%$76.4M$30.2M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h789.47+0.092%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h788.50−0.031%$4.1M$4.6Mas long as short
edgeX BNBUSDC+0.0100%4h789.10+0.045%$4.1M$74.6M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h789.85+0.140%$159K$440K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h788.94+0.025%$133K$950K10xas long as short
Derive BNB-PERP+0.0100%1h789.19+0.057%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h789.60+0.108%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h789.20+0.058%$388K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h789.20+0.057%$8.1M$9.3M75xas long as short
Paradex BNB-USD-PERP+0.0101%8h789.80+0.133%$77K$17K50xas long as short
Extended BNB-USDlong+0.0104%1h788.74long leg$1.8M$5.9M50x
Aevo BNB-PERP+0.0104%1h789.12+0.048%$379K$110K10xas long as short
Phoenix BNB+0.0117%1h790.10+0.172%$170K$35K10xas long as short
dYdX BNB-USD+0.0123%1h788.95+0.026%$160K$64K10xas long as short
GRVT BNB_USDT_Perp+0.0136%8h789.89+0.146%$2.9M$28.0M10xas long as short
Kalshi KXBNBPERP+0.0182%8h789.60+0.108%$124K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0187%8h790.74+0.253%$18.1M$2.2M75xas long as short
01 Exchange BNBUSD+0.0224%1h789.39+0.082%$28K$4K10xas long as short
Kraken Futures PF_BNBUSD+0.0263%1h788.83+0.010%$2.5M$1.2M50xas long as short
Bulk BNB-USD+0.0272%1h789.78+0.131%$640K$9K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h789.52+0.098%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0326%1h788.60−0.019%$6K$3K40xas long as short
RISEx BNB/USDC+0.0461%1h789.25+0.065%$1.1M$975K20xas long as short
Hibachi BNB/USDT-P+0.0496%1h789.46+0.091%$67K$38K12xas long as short