Funding you earn now, next payment 01:00 UTC+0.0092%/8h= +10.1% APRnext payment +$0.12 per $10,000 · paid last 24h +0.027%
Price spread now: Pacifica against gTrade (Gains Network)+0.198%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$267as in the Price arb table
costs, in and out, $10k−$2832.830% of the position
Funding, last 3 days (all we have)+0.086%+$9 on $10k
+Price spread, last 3 days (all we have)−0.152%−$15 · spread now +0.198%, 7d avg +0.035%
=Together, before fees−0.066%+ Points / potential airdropPacifica: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Pacifica is 0.163% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) BNB/USD | 798.55 | L +0.0008% / S −0.0007% | pay 0.0001% / 1h | 28m 39s | $9.7M | — | 150x |
| Short | Pacifica BNB | 800.13 | 0.0100 | get 0.0013% / 1h | 28m 39s | $1.2M | $924K | 20x |
gTrade (Gains Network) BNB/USD
Pacifica BNBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against gTrade (Gains Network). 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
- $19.39
- Price spread: +0.198% → +0.035%
- $16.28
- Slippage, 4 orders
- −$265
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$247.33
- Costs to cover
- 2.830%
- Break-even
- 96.3 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy gTrade (Gains Network) virtual book (oracle venue), just now | 130.01 bp | 135.0 bp −$135 | 135.0 bp −$1,350 | 416.8 bp −$41.7K | 2253.7 bp −$1.13M |
| Sell Pacifica live order book, just now | 0.81 bp | 8.0 bp −$8 | 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 −0.0159% / S +0.0334% | 1h | 798.52 | −0.004% | $47K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0121% | 1h | 798.29 | −0.032% | $2.5M | $965K | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 798.83 | +0.035% | $4K | $239 | 25x | as long as short |
| BingX BNB-USDC | −0.0028% | 8h | 799.53 | +0.123% | — | $13.3M | — | as long as short |
| Bybit BNBUSDT | −0.0021% | 8h | 799.62 | +0.134% | $138.9M | $75.5M | 75x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 799.48 | +0.116% | $3.0M | $27.5M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 799.24 | +0.086% | $864K | $2.9M | 30x | as long as short |
| Variational Omni BNB | +0.0003% | 8h | 798.43 | −0.015% | $4.1M | $5.2M | — | as long as short |
| gTrade (Gains Network) BNB/USDlong | L +0.0008% / S −0.0007% | 1h | 798.55 | long leg | $9.7M | — | 150x | |
| Phemex BNBUSDT | +0.0019% | 8h | 799.07 | +0.065% | $69.8M | $50.3M | 50x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Hotstuff BNB-PERP
BingX BNB-USDC
Bybit BNBUSDT
GRVT BNB_USDT_Perp
StandX BNB-USD
Variational Omni BNB
Phemex BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +0.819% | $19K | $789K | 30x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0048% | 1h | 798.73 | +0.023% | $602K | $972K | 50x | as long as short |
| Gate BNB_USDT | +0.0053% | 8h | 800.00 | +0.182% | $35.8M | $56.2M | 75x | as long as short |
| Aster BNBUSDT | +0.0060% | 8h | 800.52 | +0.247% | $6.2M | $19.1M | 200x | as long as short |
| MEXC BNB_USDT | +0.0082% | 8h | 800.80 | +0.282% | $83.3M | $13.6M | 200x | as long as short |
| Binance BNBUSDT | +0.0082% | 8h | 800.45 | +0.238% | $496.7M | $808.4M | 75x | as long as short |
| Lighter BNB | +0.0096% | 1h | 800.20 | +0.207% | $2.8M | $4.0M | 20x | as long as short |
| Phoenix BNB | +0.0099% | 1h | 798.91 | +0.045% | $172K | $36K | 10x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 798.45 | −0.013% | $1.5M | $2.7M | 20x | as long as short |
| Pacifica BNBshort | +0.0100% | 1h | 800.13 | +0.198% | $1.2M | $924K | 20x | |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 799.70 | +0.144% | $54.3M | $111.0M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 799.60 | +0.131% | $53K | $133K | 10x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 799.93 | +0.173% | $27.9M | $10.0M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 799.07 | +0.065% | $78.8M | $27.7M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 799.33 | +0.098% | $4.2M | $76.5M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 799.10 | +0.069% | $161K | $436K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 798.43 | −0.015% | $116K | $873K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 798.46 | −0.011% | $386K | $458K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 798.61 | +0.008% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 799.32 | +0.096% | $13K | $1.6M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 798.70 | +0.019% | $393K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 798.75 | +0.025% | $8.2M | $8.2M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 800.63 | +0.260% | $78K | $18K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 799.48 | +0.116% | $1.8M | $6.3M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 798.52 | −0.004% | $384K | $108K | 10x | as long as short |
| Bulk BNB-USD | +0.0127% | 1h | 799.69 | +0.142% | $649K | $10K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0154% | 8h | 799.00 | +0.056% | $91K | $2.8M | 4.8x | as long as short |
| RISEx BNB/USDC | +0.0155% | 1h | 798.59 | +0.005% | $1.1M | $1.4M | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0176% | 1h | 798.70 | +0.018% | $69K | $38K | 12x | as long as short |
| BloFin BNB-USDT | +0.0203% | 8h | 799.12 | +0.071% | $18.1M | $2.6M | 75x | as long as short |
| 01 Exchange BNBUSD | +0.0208% | 1h | 799.07 | +0.065% | $28K | $1K | 10x | as long as short |
| dYdX BNB-USD | +0.0231% | 1h | 799.67 | +0.141% | $161K | $63K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 799.00 | +0.056% | $1.6M | $160K | 25x | as long as short |
| Hyperliquid BNB | +0.0310% | 1h | 800.85 | +0.288% | $53.2M | $20.6M | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0330% | 1h | 798.16 | −0.049% | $6K | $3K | 40x | as long as short |
| Backpack BNB_USDC_PERP | +0.0391% | 1h | 799.31 | +0.095% | $2.7M | $5.6M | 40x | as long as short |
Injective BNB/USDC PERP
Coinbase International BNB-PERP-INTX
Gate BNB_USDT
Aster BNBUSDT
MEXC BNB_USDT
Binance BNBUSDT
Lighter BNB
Phoenix BNB
Nado BNB-PERP
OKX BNB-USDT-SWAP
Arcus BNB-USD
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
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Bulk BNB-USD
Kalshi KXBNBPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P
BloFin BNB-USDT
01 Exchange BNBUSD
dYdX BNB-USD
Deribit BNB_USDC-PERPETUAL
Hyperliquid BNB
Reya BNBRUSDPERP
Backpack BNB_USDC_PERP