BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.03 per $10,000 · paid last 24h +0.006%

Price spread now: Pacifica against Coinbase International−0.013%7-day average +0.045% · you buy dearer than you sell

Net, funding: paid 7d − costs−$22as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$340.337% of the position

Long on Coinbase International Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.119%+$12 on $10k

Price spread, last 4 days (all we have)+0.163%+$16 · spread now −0.013%, 7d avg +0.045%

Together, before fees+0.282%+ Points / potential airdropPacifica: Active · farm board+$28 on $10k · with fees, hour by hour

Funding pays, the price is against you. Pacifica is 0.058% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.013% now, against its 7-day average of +0.045%). If the spread goes back, that is −$6 on $10k: about 6.9 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.119% in total) that is about 3.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International BNB-PERP-INTX	787.21	0.0072	pay 0.0009% / 1h	1m 39s	$579K	$1.9M	50x
Short	Pacifica BNB	787.11	0.0100	get 0.0013% / 1h	1m 39s	$1.2M	$934K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Coinbase International. 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 Coinbase InternationalbpFee PacificabpOrdersPrice spread, now −0.013%Rate

Funding earned: $5.88
Price spread: −0.013% → +0.045%: −$5.76
Slippage, 4 orders: −$15.7
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$33.58
Costs to cover: 0.337%
Break-even: 47.0 days

Slippage from Coinbase International: live order book, 2 min ago; Pacifica: live order book, 2 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 Coinbase International live order book, 2 min ago	3.11 bp	9.2 bp −$9	15.2 bp −$152	doesn't fit	doesn't fit
Sell Pacifica live order book, 2 min ago	0.06 bp	4.2 bp −$4	6.5 bp −$65	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	786.58	−0.079%	$46K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0124%	1h	786.71	−0.064%	$2.5M	$1.2M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	787.31	+0.013%	$4K	$42	25x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	787.20	−0.001%	$122K	$2.7M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	787.31	+0.013%	$849K	$3.1M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	786.67	−0.069%	$9.5M	—	150x	as long as short
Aster BNBUSDT	+0.0023%	8h	787.64	+0.055%	$6.1M	$19.1M	200x	as long as short
BingX BNB-USDT	+0.0033%	8h	787.10	−0.014%	—	$22.3M	—	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.271%	$19K	$789K	30x	as long as short
MEXC BNB_USDT	+0.0044%	8h	787.80	+0.075%	$79.9M	$12.1M	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	+0.0044%	8h	787.79	+0.074%	$490.3M	$804.4M	75x	as long as short
Phemex BNBUSDT	+0.0049%	8h	787.27	+0.008%	$68.9M	$50.7M	50x	as long as short
Coinbase International BNB-PERP-INTXlong	+0.0072%	1h	787.21	long leg	$579K	$1.9M	50x
dYdX BNB-USD	+0.0077%	1h	786.57	−0.082%	$159K	$61K	10x	as long as short
Phoenix BNB	+0.0092%	1h	787.46	+0.032%	$169K	$35K	10x	as long as short
Lighter BNB	+0.0096%	1h	786.88	−0.041%	$2.7M	$3.9M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	786.73	−0.061%	$265K	$491K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	786.55	−0.084%	$1.5M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	787.22	+0.001%	$51.6M	$17.5M	10x	as long as short
Pacifica BNBshort	+0.0100%	1h	787.11	−0.013%	$1.2M	$934K	20x
Bybit BNBUSDT	+0.0100%	8h	786.97	−0.030%	$138.3M	$74.1M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	786.90	−0.039%	$53.5M	$111.5M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	787.20	−0.001%	$52K	$133K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	786.95	−0.033%	$36.2M	$58.5M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	786.60	−0.077%	$27.6M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	786.62	−0.075%	$76.1M	$30.7M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	787.07	−0.018%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	787.11	−0.012%	$4.1M	$4.6M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	787.45	+0.031%	$4.1M	$74.5M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	787.41	+0.025%	$158K	$437K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	786.59	−0.079%	$131K	$956K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	786.79	−0.053%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	787.22	+0.001%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	786.90	−0.039%	$387K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	786.75	−0.059%	$8.1M	$9.7M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	787.23	+0.003%	$76K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	786.74	−0.060%	$1.8M	$6.3M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	786.86	−0.045%	$378K	$110K	10x	as long as short
BloFin BNB-USDT	+0.0164%	8h	787.38	+0.022%	$17.7M	$2.2M	75x	as long as short
GRVT BNB_USDT_Perp	+0.0185%	8h	787.96	+0.096%	$2.9M	$28.9M	10x	as long as short
Bulk BNB-USD	+0.0223%	1h	788.23	+0.129%	$639K	$10K	10x	as long as short
01 Exchange BNBUSD	+0.0248%	1h	787.77	+0.071%	$28K	$4K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	787.17	−0.005%	$1.5M	$143K	25x	as long as short
Reya BNBRUSDPERP	+0.0324%	1h	786.40	−0.102%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0431%	1h	787.31	+0.013%	$1.1M	$907K	20x	as long as short
Hibachi BNB/USDT-P	+0.0432%	1h	787.70	+0.062%	$67K	$39K	12x	as long as short