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

BNB

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SwapBacktest
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 Orderly+0.099%7-day average −0.001% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 3 days (all we have)−0.060%−$6 · spread now +0.099%, 7d avg −0.001%
Together, before fees−0.052%+ Points / potential airdropPacifica: Active · farm board−$5 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 0.100% dearer against Orderly than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_BNB_USDC789.420.0100pay 0.0100% / 8h6h 04m$382K$392K50x
ShortPacifica BNB790.200.0100get 0.0013% / 1h4m 24s$1.2M$920K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Orderly. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0.01
Price spread: +0.099% → −0.001%
$9.99
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$3.99
Costs to cover
0.140%
Break-even
2670.3 days
Slippage unknown: Orderly: no order-book sample; Pacifica: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Pacifica live order book, 5 min ago0.70 bp6.1 bp −$6doesn't fitdoesn't fitdoesn't fit
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

BNB on 45 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 −0.0167% / S +0.0335%1h789.75+0.042%$46K200xas long as short
Kraken Futures PF_BNBUSD−0.0132%1h789.37−0.006%$2.5M$1.2M50xas long as short
Hotstuff BNB-PERP−0.0080%1h790.04+0.079%$4K$23925xas long as short
StandX BNB-USD0.0000%1h790.26+0.106%$854K$3.2M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h789.86+0.055%$9.6M150xas long as short
Aster BNBUSDT+0.0033%8h790.44+0.129%$6.2M$19.2M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.985%$19K$789K30xas long as short
BingX BNB-USDT+0.0051%8h790.00+0.073%$34.7Mas long as short
Variational Omni BNB+0.0055%8h789.21−0.026%$4.1M$4.8Mas long as short
Coinbase International BNB-PERP-INTX+0.0056%1h788.82−0.076%$619K$1.8M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0064%8h789.98+0.071%$69.1M$50.6M50xas long as short
Gate BNB_USDT+0.0064%8h789.95+0.067%$35.1M$57.8M75xas long as short
MEXC BNB_USDT+0.0065%8h791.10+0.213%$80.5M$13.2M200xas long as short
Binance BNBUSDT+0.0066%8h790.79+0.174%$495.0M$818.3M75xas long as short
GRVT BNB_USDT_Perp+0.0084%8h788.67−0.095%$2.9M$28.5M10xas long as short
Phoenix BNB+0.0088%1h789.43+0.001%$170K$36K10xas long as short
Lighter BNB+0.0096%1h790.17+0.095%$2.8M$4.1M20xas long as short
Orderly PERP_BNB_USDClong+0.0100%8h789.42long leg$382K$392K50x
Nado BNB-PERP+0.0100%1h789.45+0.004%$1.5M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h790.73+0.166%$51.8M$18.6M10xas long as short
Pacifica BNBshort+0.0100%1h790.20+0.099%$1.2M$920K20x
Bybit BNBUSDT+0.0100%8h790.00+0.073%$139.1M$79.7M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h790.00+0.073%$53.4M$113.7M50xas long as short
Arcus BNB-USD+0.0100%1h790.40+0.124%$52K$135K10xas long as short
KuCoin BNBUSDTM+0.0100%8h789.91+0.062%$27.8M$10.4M75xas long as short
Bitget BNBUSDT+0.0100%8h789.88+0.058%$77.5M$30.0M75xas long as short
edgeX BNBUSDC+0.0100%4h789.48+0.008%$4.1M$77.2M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h789.73+0.039%$159K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h790.00+0.073%$138K$947K10xas long as short
Derive BNB-PERP+0.0100%1h789.54+0.015%$31K$9K10xas long as short
SunX BNB-USDT+0.0100%8h789.99+0.072%$13K$1.6M50xas long as short
HTX BNB-USDT+0.0100%8h789.21−0.026%$8.1M$9.0M75xas long as short
Paradex BNB-USD-PERP+0.0101%8h790.65+0.155%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h789.77+0.044%$1.8M$6.0M50xas long as short
Aevo BNB-PERP+0.0104%1h789.52+0.013%$379K$110K10xas long as short
dYdX BNB-USD+0.0106%1h789.56+0.017%$160K$64K10xas long as short
SoDEX BNB-USD+0.0109%1h789.50+0.010%$388K$1.0M10xas long as short
RISEx BNB/USDC+0.0131%1h790.48+0.134%$1.1M$1.1M20xas long as short
Kalshi KXBNBPERP+0.0172%8h789.80+0.048%$92K$2.9M4.8xas long as short
01 Exchange BNBUSD+0.0272%1h790.82+0.177%$28K$3K10xas long as short
Bulk BNB-USD+0.0298%1h789.80+0.048%$640K$13K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h789.90+0.060%$1.5M$160K25xas long as short
Reya BNBRUSDPERP+0.0328%1h789.90+0.060%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0390%1h790.10+0.086%$2.7M$5.7M40xas long as short
Hibachi BNB/USDT-P+0.0528%1h789.78+0.045%$68K$39K12xas long as short