Funding arb · Price arb /

BNB

all BNB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: KuCoin against Pacifica−0.065%7-day average −0.061% · you buy dearer than you sell

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$310.313% of the position

Long on Pacifica Short on KuCoin

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+0.027%+$3 · spread now −0.065%, 7d avg −0.061%

Together, before fees−0.013%+ Points / potential airdropPacifica: Active · farm board−$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica BNB	787.88	0.0100	pay 0.0013% / 1h	19m 23s	$1.2M	$934K	20x
Short	KuCoin BNBUSDTM	787.37	0.0100	get 0.0100% / 8h	3h 19m	$27.6M	$10.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Pacifica. 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

Position, each leg$Hold fordaysFee PacificabpFee KuCoinbpOrdersPrice spread, now −0.065%Rate

Funding earned: $0
Price spread: −0.065% → −0.061%: −$0.39
Slippage, 4 orders: −$11.32
Fee Pacifica: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$31.72
Costs to cover: 0.313%
Break-even: never at this rate

Slippage from Pacifica: live order book, 5 min ago; KuCoin: live order book, 5 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, 5 min ago	1.84 bp	7.8 bp −$8	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 5 min ago	0.83 bp	8.7 bp −$9	15.6 bp −$156	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 −0.0192% / S +0.0356%	1h	787.58	−0.038%	$46K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0124%	1h	788.08	+0.025%	$2.5M	$1.2M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	787.93	+0.006%	$4K	$42	25x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	788.90	+0.129%	$126K	$2.7M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	788.56	+0.086%	$850K	$3.1M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	787.65	−0.029%	$9.5M	—	150x	as long as short
Aster BNBUSDT	+0.0023%	8h	788.30	+0.053%	$6.1M	$18.8M	200x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.184%	$19K	$789K	30x	as long as short
BingX BNB-USDT	+0.0035%	8h	787.73	−0.019%	—	$22.3M	—	as long as short
MEXC BNB_USDT	+0.0042%	8h	788.60	+0.091%	$80.0M	$12.0M	200x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BNBUSDT	+0.0043%	8h	788.15	+0.035%	$491.4M	$800.9M	75x	as long as short
Phemex BNBUSDT	+0.0044%	8h	788.62	+0.094%	$69.0M	$50.6M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0072%	1h	787.19	−0.088%	$588K	$1.9M	50x	as long as short
dYdX BNB-USD	+0.0091%	1h	787.87	−0.002%	$159K	$63K	10x	as long as short
Phoenix BNB	+0.0092%	1h	787.84	−0.005%	$169K	$35K	10x	as long as short
Lighter BNB	+0.0096%	1h	787.91	+0.004%	$2.7M	$3.9M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	787.64	−0.030%	$265K	$492K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	787.45	−0.055%	$1.5M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	788.28	+0.051%	$51.7M	$17.4M	10x	as long as short
Pacifica BNBlong	+0.0100%	1h	787.88	long leg	$1.2M	$934K	20x
Bybit BNBUSDT	+0.0100%	8h	787.50	−0.048%	$138.5M	$73.9M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	787.40	−0.061%	$53.5M	$111.6M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	787.90	+0.003%	$52K	$133K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	787.55	−0.042%	$36.0M	$57.9M	75x	as long as short
KuCoin BNBUSDTMshort	+0.0100%	8h	787.37	−0.065%	$27.6M	$10.3M	75x
Bitget BNBUSDT	+0.0100%	8h	787.24	−0.081%	$76.2M	$30.6M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	788.34	+0.058%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	787.41	−0.059%	$4.1M	$4.8M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	788.05	+0.021%	$4.1M	$74.2M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	787.86	−0.003%	$159K	$441K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	787.57	−0.039%	$132K	$955K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	787.66	−0.028%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	788.85	+0.123%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	788.30	+0.053%	$388K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	788.16	+0.036%	$8.1M	$9.7M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	787.90	+0.003%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	787.23	−0.082%	$1.8M	$6.3M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	787.64	−0.031%	$378K	$110K	10x	as long as short
BloFin BNB-USDT	+0.0163%	8h	788.23	+0.044%	$17.7M	$2.2M	75x	as long as short
GRVT BNB_USDT_Perp	+0.0175%	8h	788.39	+0.065%	$2.9M	$28.6M	10x	as long as short
Bulk BNB-USD	+0.0193%	1h	788.28	+0.051%	$638K	$10K	10x	as long as short
01 Exchange BNBUSD	+0.0240%	1h	788.28	+0.051%	$28K	$4K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	788.77	+0.113%	$1.5M	$143K	25x	as long as short
Reya BNBRUSDPERP	+0.0324%	1h	787.30	−0.073%	$6K	$3K	40x	as long as short
Hibachi BNB/USDT-P	+0.0408%	1h	787.79	−0.011%	$67K	$39K	12x	as long as short
RISEx BNB/USDC	+0.0431%	1h	788.00	+0.016%	$1.1M	$893K	20x	as long as short