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 OKX−0.015%7-day average +0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$260.262% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.057%+$6 on $10k
Price spread, last 7 days+0.053%+$5 · spread now −0.015%, 7d avg +0.067%
Together, before fees+0.110%+ Points / potential airdropPacifica: Active · farm board+$11 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 0.082% cheaper against OKX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.067%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BNB-USDT-SWAP784.200.0100pay 0.0100% / 8h20m 17s$53.3M$112.4M50x
ShortPacifica BNB784.080.0100get 0.0013% / 1h20m 17s$1.2M$937K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against OKX. 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: −0.015% → +0.067%
−$8.23
Slippage, 4 orders
−$8.25
Fee OKX: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$34.48
Costs to cover
0.262%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; Pacifica: live order book, 4 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 OKX live order book, 4 min ago0.64 bp5.6 bp −$66.9 bp −$6921.2 bp −$2,123doesn't fit
Sell Pacifica live order book, 4 min ago0.83 bp5.8 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 −0.0168% / S +0.0337%1h784.29+0.011%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h784.42+0.028%$4K$4225xas long as short
Kraken Futures PF_BNBUSD−0.0050%1h784.15−0.007%$2.5M$1.2M50xas long as short
Kalshi KXBNBPERP0.0000%8h784.50+0.038%$171K$2.7M4.8xas long as short
StandX BNB-USD0.0000%1h784.69+0.062%$846K$2.7M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h784.25+0.006%$9.4M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.664%$19K$789K30xas long as short
Aster BNBUSDT+0.0034%8h784.77+0.072%$6.0M$18.8M200xas long as short
BingX BNB-USDC+0.0039%8h784.05−0.019%$13.4Mas long as short
MEXC BNB_USDT+0.0048%8h785.40+0.153%$80.8M$12.0M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0049%8h784.90+0.089%$487.5M$819.9M75xas long as short
Phemex BNBUSDT+0.0074%8h784.81+0.078%$68.5M$51.2M50xas long as short
Lighter BNB+0.0096%1h784.29+0.012%$2.7M$3.8M20xas long as short
Phoenix BNB+0.0100%1h784.53+0.042%$161K$35K10xas long as short
Nado BNB-PERP+0.0100%1h783.60−0.077%$1.3M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h784.79+0.075%$51.4M$17.6M10xas long as short
Pacifica BNBshort+0.0100%1h784.08−0.015%$1.2M$937K20x
Bybit BNBUSDT+0.0100%8h784.06−0.018%$138.0M$74.4M75xas long as short
OKX BNB-USDT-SWAPlong+0.0100%8h784.20long leg$53.3M$112.4M50x
Arcus BNB-USD+0.0100%1h784.200.000%$52K$125K10xas long as short
Gate BNB_USDT+0.0100%8h784.00−0.026%$38.2M$58.4M75xas long as short
KuCoin BNBUSDTM+0.0100%8h783.86−0.043%$27.6M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h783.95−0.032%$75.2M$32.6M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h784.72+0.066%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h783.41−0.100%$4.0M$4.7Mas long as short
edgeX BNBUSDC+0.0100%4h783.84−0.045%$4.1M$76.5M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h784.61+0.052%$158K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h784.11−0.011%$131K$944K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h784.12−0.010%$264K$388K50xas long as short
Derive BNB-PERP+0.0100%1h784.17−0.004%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h784.64+0.056%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h784.40+0.026%$386K$967K10xas long as short
HTX BNB-USDT+0.0100%8h784.35+0.018%$8.0M$10.4M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h784.48+0.036%$78K$17K50xas long as short
dYdX BNB-USD+0.0103%1h783.56−0.082%$159K$62K10xas long as short
Extended BNB-USD+0.0104%1h783.74−0.058%$1.8M$5.8M50xas long as short
Aevo BNB-PERP+0.0104%1h784.14−0.008%$377K$110K10xas long as short
Coinbase International BNB-PERP-INTX+0.0104%1h784.48+0.036%$546K$1.9M50xas long as short
BloFin BNB-USDT+0.0169%8h784.71+0.065%$17.7M$2.2M75xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h784.57+0.047%$1.5M$141K25xas long as short
Bulk BNB-USD+0.0208%1h785.53+0.170%$637K$83110xas long as short
GRVT BNB_USDT_Perp+0.0217%8h784.62+0.053%$2.9M$28.4M10xas long as short
01 Exchange BNBUSD+0.0248%1h784.69+0.062%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0320%1h783.70−0.063%$6K$3K40xas long as short
RISEx BNB/USDC+0.0350%1h784.29+0.011%$1.1M$906K20xas long as short
Hibachi BNB/USDT-P+0.0456%1h784.12−0.010%$67K$39K12xas long as short