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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against KuCoin+0.084%46s7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$320.323% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.040%+$4 on $10k
Price spread, last 7 days−0.044%−$4 · spread now +0.084%, 7d avg +0.061%
Together, before fees−0.004%+ Points / potential airdropPacifica: 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 0.022% dearer against KuCoin than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.061%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BNBUSDTM784.780.0100pay 0.0100% / 8h11m 47s$27.6M$10.2M75x
ShortPacifica BNB785.440.0100get 0.0013% / 1h11m 47s$1.2M$938K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against KuCoin. 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
Price spread: +0.084% → +0.061%
$2.24
Slippage, 4 orders
−$12.32
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$30.08
Costs to cover
0.323%
Break-even
never at this rate
Slippage from KuCoin: live order book, 7 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 KuCoin live order book, 7 min ago0.45 bp11.0 bp −$1118.4 bp −$18453.5 bp −$5,349doesn't fit
Sell Pacifica live order book, 2 min ago0.06 bp4.2 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 −0.0168% / S +0.0337%1h785.10+0.041%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h785.57+0.101%$4K$4225xas long as short
Kraken Futures PF_BNBUSD−0.0050%1h784.98+0.025%$2.5M$1.2M50xas long as short
Kalshi KXBNBPERP0.0000%8h785.60+0.104%$170K$2.7M4.8xas long as short
StandX BNB-USD0.0000%1h785.98+0.153%$848K$2.7M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h785.13+0.045%$9.5M150xas long as short
Aster BNBUSDT+0.0033%8h785.48+0.089%$6.0M$18.7M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.588%$19K$789K30xas long as short
BingX BNB-USDC+0.0038%8h785.15+0.047%$13.4Mas long as short
MEXC BNB_USDT+0.0048%8h786.10+0.168%$80.9M$12.0M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0049%8h785.44+0.084%$488.3M$813.9M75xas long as short
Phemex BNBUSDT+0.0075%8h785.68+0.115%$68.6M$51.0M50xas long as short
Lighter BNB+0.0096%1h785.00+0.028%$2.7M$3.8M20xas long as short
Phoenix BNB+0.0100%1h785.66+0.112%$158K$35K10xas long as short
Nado BNB-PERP+0.0100%1h785.00+0.028%$1.4M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h785.47+0.088%$51.5M$17.7M10xas long as short
Pacifica BNBshort+0.0100%1h785.44+0.084%$1.2M$938K20x
Bybit BNBUSDT+0.0100%8h784.77−0.001%$138.1M$73.9M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h784.80+0.003%$53.4M$111.7M50xas long as short
Arcus BNB-USD+0.0100%1h785.30+0.066%$52K$125K10xas long as short
Gate BNB_USDT+0.0100%8h784.90+0.015%$38.3M$58.6M75xas long as short
KuCoin BNBUSDTMlong+0.0100%8h784.78long leg$27.6M$10.2M75x
Bitget BNBUSDT+0.0100%8h784.57−0.027%$75.3M$32.6M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h785.31+0.068%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h784.43−0.045%$4.0M$4.7Mas long as short
edgeX BNBUSDC+0.0100%4h785.04+0.033%$4.1M$76.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h785.13+0.045%$158K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h784.96+0.023%$131K$942K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h785.12+0.043%$264K$388K50xas long as short
Derive BNB-PERP+0.0100%1h785.14+0.046%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h785.71+0.119%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h785.20+0.054%$386K$962K10xas long as short
HTX BNB-USDT+0.0100%8h785.16+0.048%$8.0M$10.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h785.57+0.101%$78K$17K50xas long as short
Extended BNB-USD+0.0104%1h784.61−0.021%$1.8M$5.8M50xas long as short
Aevo BNB-PERP+0.0104%1h785.17+0.050%$377K$110K10xas long as short
Coinbase International BNB-PERP-INTX+0.0104%1h785.03+0.032%$545K$1.9M50xas long as short
dYdX BNB-USD+0.0121%1h784.99+0.027%$159K$62K10xas long as short
BloFin BNB-USDT+0.0168%8h785.67+0.113%$17.7M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0216%8h785.20+0.053%$2.9M$28.2M10xas long as short
Bulk BNB-USD+0.0231%1h784.93+0.019%$636K$83110xas long as short
01 Exchange BNBUSD+0.0248%1h785.68+0.115%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h785.48+0.089%$1.5M$141K25xas long as short
Reya BNBRUSDPERP+0.0320%1h784.83+0.006%$6K$3K40xas long as short
RISEx BNB/USDC+0.0350%1h785.41+0.080%$1.1M$902K20xas long as short
Hibachi BNB/USDT-P+0.0448%1h785.00+0.028%$67K$39K12xas long as short