Funding you earn now, next payment 20:00 UTC+0.0503%/8h= +55.1% APRnext payment +$0.63 per $10,000 · paid last 24h +0.042%
Price spread now: dYdX against Pacifica+0.056%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$500.500% of the position
Funding, last 7 days+0.431%+$43 on $10k
+Price spread, last 4 days (all we have)−0.116%−$12 · spread now +0.056%, 7d avg −0.031%
=Together, before fees+0.315%+ Points / potential airdropPacifica: Active · farm board+$31 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and dYdX is 0.087% dearer against Pacifica than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica BNB | 786.60 | 0.0100 | pay 0.0013% / 1h | 8m 37s | $1.3M | $401K | 20x |
| Short | dYdX BNB-USD | 787.04 | 0.0603 | get 0.0075% / 1h | 8m 37s | $158K | $14K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Pacifica. 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
- $105.63
- Price spread: +0.056% → −0.031%
- $8.69
- Slippage, 4 orders
- −$32.01
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $64.32
- Costs to cover
- 0.500%
- Break-even
- 2.7 days
Slippage from Pacifica: live order book, 3 min ago; dYdX: live order book, 58 min ago.
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 Pacifica live order book, 3 min ago | 0.38 bp | 4.4 bp −$4 | 6.8 bp −$68 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 58 min ago | 10.34 bp | 16.4 bp −$16 | 52.2 bp −$522 | 63.5 bp −$6,347 | 133.3 bp −$66.6K |
BNB on 46 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi BNB/USDT-P | −0.0280% | 1h | 786.59 | −0.001% | $67K | $17K | 12x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0212% | 1h | 786.76 | +0.021% | $2.6M | $1.1M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 786.69 | +0.012% | $4K | — | 25x | as long as short |
| Variational Omni BNB | −0.0033% | 8h | 786.61 | +0.001% | $4.5M | $2.3M | — | as long as short |
| Bybit BNBUSDT | −0.0031% | 8h | 786.10 | −0.063% | $138.1M | $52.1M | 75x | as long as short |
| Aster BNBUSDT | 0.0000% | 8h | 786.93 | +0.042% | $6.0M | $12.8M | 200x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 787.20 | +0.077% | $92K | $1.9M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 787.17 | +0.073% | $853K | $3.0M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 786.54 | −0.007% | $9.5M | — | 150x | as long as short |
| MEXC BNB_USDT | +0.0012% | 8h | 787.80 | +0.153% | $82.7M | $8.4M | 200x | as long as short |
Show all 46 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNBUSDT | +0.0012% | 8h | 786.85 | +0.032% | $465.6M | $598.7M | 75x | as long as short |
| Bitget BNBUSDT | +0.0031% | 8h | 785.84 | −0.096% | $74.8M | $25.4M | 75x | as long as short |
| Extended BNB-USD | +0.0032% | 1h | 786.23 | −0.047% | $2.1M | $3.3M | 50x | as long as short |
| BloFin BNB-USDT | +0.0051% | 8h | 787.01 | +0.052% | $18.7M | $2.3M | 75x | as long as short |
| BingX BNB-USDT | +0.0055% | 8h | 786.53 | −0.009% | — | $48.9M | — | as long as short |
| OKX BNB-USDT-SWAP | +0.0057% | 8h | 786.10 | −0.063% | $53.0M | $71.0M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 786.58 | −0.002% | $2.7M | $2.2M | 20x | as long as short |
| Phoenix BNB | +0.0096% | 1h | 787.14 | +0.069% | $156K | $44K | 10x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 786.21 | −0.049% | $1.4M | $1.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 786.92 | +0.041% | $52.5M | $11.5M | 10x | as long as short |
| Pacifica BNBlong | +0.0100% | 1h | 786.60 | long leg | $1.3M | $401K | 20x | |
| Arcus BNB-USD | +0.0100% | 1h | 786.70 | +0.013% | $39K | $68K | 10x | as long as short |
| Bulk BNB-USD | +0.0100% | 1h | 787.52 | +0.117% | $637K | $0 | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 786.30 | −0.038% | $52.7M | $46.9M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 786.18 | −0.053% | $28.0M | $8.2M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 786.76 | +0.021% | $2.2M | $2.5M | 40x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 787.74 | +0.145% | $4.1M | $54.2M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 786.79 | +0.024% | $169K | $458K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 786.30 | −0.038% | $133K | $223K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 786.93 | +0.042% | $265K | $288K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 786.52 | −0.010% | $34K | $10K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 787.02 | +0.054% | $12K | $913K | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 786.60 | 0.000% | $386K | $998K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 786.87 | +0.035% | $1.5M | $46K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 787.00 | +0.051% | $8.0M | $7.2M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 786.89 | +0.037% | $82K | $3.2M | 50x | as long as short |
| Phemex BNBUSDT | +0.0102% | 8h | 787.05 | +0.057% | $67.7M | $47.6M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 786.46 | −0.017% | $378K | $106K | 10x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0104% | 1h | 786.06 | −0.068% | $519K | $1.5M | 50x | as long as short |
| RISEx BNB/USDC | +0.0119% | 1h | 786.57 | −0.004% | $1.2M | $904K | 20x | as long as short |
| Injective BNB/USDC PERP | +0.0179% | 1h | 786.87 | +0.035% | $19K | $605K | 30x | as long as short |
| GMX BNB/USD [WBTC.b-USDC] | L +0.0184% / S +0.0048% | 1h | 786.54 | −0.007% | $55K | — | 200x | as long as short |
| GRVT BNB_USDT_Perp | +0.0214% | 8h | 787.45 | +0.108% | $2.9M | $27.4M | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0264% | 1h | 787.09 | +0.063% | $28K | $3K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0303% | 1h | 786.22 | −0.048% | $6K | $3K | 40x | as long as short |
| dYdX BNB-USDshort | +0.0603% | 1h | 787.04 | +0.056% | $158K | $14K | 10x |
Pacifica BNB
Kraken Futures PF_BNBUSD
Variational Omni BNB
Bybit BNBUSDT
Aster BNBUSDT
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
MEXC BNB_USDT
Binance BNBUSDT
Bitget BNBUSDT
Extended BNB-USD
BloFin BNB-USDT
BingX BNB-USDT
OKX BNB-USDT-SWAP
Lighter BNB
Phoenix BNB
Hyperliquid BNB
Bulk BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Backpack BNB_USDC_PERP
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
Phemex BNBUSDT
Coinbase International BNB-PERP-INTX
RISEx BNB/USDC
Injective BNB/USDC PERP
GMX BNB/USD [WBTC.b-USDC]
GRVT BNB_USDT_Perp
01 Exchange BNBUSD