Funding arb · Price arb /

BNB

all BNB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: SunX against Pacifica+0.030%7-day average +0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$57as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$560.564% of the position

Long on Pacifica Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 4 days (all we have)−0.372%−$37 · spread now +0.030%, 7d avg +0.043%

Together, before fees−0.380%+ Points / potential airdropPacifica: Active · farm board−$38 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica BNB	785.73	0.0100	pay 0.0013% / 1h	35m 37s	$1.2M	$937K	20x
Short	SunX BNB-USDT	785.96	0.0100	get 0.0100% / 8h	7h 35m	$12K	$1.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.030%Rate

Funding earned: $0
Price spread: +0.030% → +0.043%: −$1.3
Slippage, 4 orders: −$40.45
Fee Pacifica: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: −$57.75
Costs to cover: 0.564%
Break-even: never at this rate

Slippage from Pacifica: live order book, 3 min ago; SunX: live order book, 9 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	0.32 bp	6.5 bp −$7	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 9 min ago	15.07 bp	23.7 bp −$24	30.7 bp −$307	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 −0.0168% / S +0.0337%	1h	785.38	−0.045%	$43K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	786.37	+0.082%	$4K	—	25x	as long as short
Kraken Futures PF_BNBUSD	−0.0021%	1h	785.73	0.000%	$2.5M	$1.2M	50x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	786.12	+0.050%	$2.9M	$27.5M	10x	as long as short
StandX BNB-USD	0.0000%	1h	786.71	+0.125%	$849K	$2.7M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	785.38	−0.044%	$9.5M	—	150x	as long as short
Aster BNBUSDT	+0.0022%	8h	786.02	+0.038%	$6.0M	$18.4M	200x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.464%	$19K	$789K	30x	as long as short
BingX BNB-USDC	+0.0035%	8h	785.74	+0.002%	—	$13.4M	—	as long as short
Binance BNBUSDT	+0.0039%	8h	786.00	+0.035%	$488.7M	$811.6M	75x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BNB_USDT	+0.0039%	8h	787.10	+0.175%	$82.4M	$12.2M	200x	as long as short
Lighter BNB	+0.0096%	1h	785.57	−0.020%	$2.7M	$3.6M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	785.35	−0.048%	$1.3M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	786.18	+0.058%	$51.6M	$17.6M	10x	as long as short
Pacifica BNBlong	+0.0100%	1h	785.73	long leg	$1.2M	$937K	20x
Bybit BNBUSDT	+0.0100%	8h	785.31	−0.053%	$138.3M	$73.1M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	785.20	−0.067%	$53.4M	$110.5M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	785.70	−0.004%	$52K	$125K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	785.55	−0.023%	$39.4M	$55.7M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	785.18	−0.070%	$27.7M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	785.24	−0.062%	$75.3M	$32.4M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	786.09	+0.046%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	785.32	−0.052%	$4.3M	$4.9M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	785.98	+0.032%	$4.1M	$76.1M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	786.12	+0.050%	$158K	$439K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	785.54	−0.024%	$131K	$942K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	785.54	−0.024%	$264K	$358K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	785.63	−0.012%	$31K	$12K	10x	as long as short
SunX BNB-USDTshort	+0.0100%	8h	785.96	+0.030%	$12K	$1.5M	50x
SoDEX BNB-USD	+0.0100%	1h	785.80	+0.009%	$386K	$943K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	785.69	−0.005%	$8.0M	$10.3M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	785.93	+0.026%	$78K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	785.04	−0.087%	$1.8M	$5.8M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	785.53	−0.025%	$377K	$110K	10x	as long as short
Kalshi KXBNBPERP	+0.0112%	8h	786.00	+0.035%	$159K	$2.6M	4.8x	as long as short
Coinbase International BNB-PERP-INTX	+0.0120%	1h	786.59	+0.110%	$548K	$1.9M	50x	as long as short
Phoenix BNB	+0.0120%	1h	786.32	+0.075%	$158K	$38K	10x	as long as short
dYdX BNB-USD	+0.0131%	1h	785.69	−0.004%	$157K	$64K	10x	as long as short
Phemex BNBUSDT	+0.0143%	8h	786.29	+0.072%	$68.5M	$51.1M	50x	as long as short
BloFin BNB-USDT	+0.0158%	8h	786.34	+0.078%	$17.8M	$2.2M	75x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	785.96	+0.029%	$1.5M	$141K	25x	as long as short
Bulk BNB-USD	+0.0212%	1h	785.97	+0.031%	$637K	$831	10x	as long as short
01 Exchange BNBUSD	+0.0232%	1h	786.03	+0.038%	$28K	$3K	10x	as long as short
Reya BNBRUSDPERP	+0.0319%	1h	785.26	−0.060%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0355%	1h	785.83	+0.012%	$1.1M	$911K	20x	as long as short
Hibachi BNB/USDT-P	+0.0408%	1h	786.13	+0.051%	$67K	$39K	12x	as long as short