Funding you earn now, next payment 04:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.03 per $10,000 · paid last 24h −0.097%
Price spread now: Pacifica against dYdX+0.071%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$460.460% of the position
Funding, last 7 days−0.408%−$41 on $10k
+Price spread, last 4 days (all we have)−0.001%$0 · spread now +0.071%, 7d avg +0.033%
=Together, before fees−0.409%+ Points / potential airdropPacifica: Active · farm board−$41 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Pacifica is 0.039% dearer against dYdX than usual: you sell high and buy low (spread +0.071% now, against its 7-day average of +0.033%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.9 days. At the pace of the last 7 days (−0.408% in total) that is about 16 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX BNB-USD | 788.95 | 0.0122 | pay 0.0015% / 1h | 41m 27s | $160K | $64K | 10x |
| Short | Pacifica BNB | 789.51 | 0.0100 | get 0.0013% / 1h | 41m 27s | $1.2M | $931K | 20x |
dYdX BNB-USD
Pacifica BNBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against dYdX. 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
- −$4.56
- Price spread: +0.071% → +0.033%
- $3.86
- Slippage, 4 orders
- −$28.02
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$46.72
- Costs to cover
- 0.460%
- Break-even
- never at this rate
Slippage from dYdX: live order book, 18 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 dYdX live order book, 18 min ago | 11.42 bp | 16.4 bp −$16 | 25.9 bp −$259 | 30.9 bp −$3,091 | 143.4 bp −$71.7K |
| Sell Pacifica live order book, 2 min ago | 0.06 bp | 4.3 bp −$4 | doesn't fit | 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 −0.0184% / S +0.0349% | 1h | 789.30 | +0.044% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 789.71 | +0.096% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 790.66 | +0.217% | $855K | $3.2M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 789.35 | +0.051% | $9.5M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.046% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0040% | 8h | 789.75 | +0.101% | $6.1M | $18.7M | 200x | as long as short |
| BingX BNB-USDT | +0.0054% | 8h | 789.37 | +0.053% | — | $34.3M | — | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0064% | 1h | 789.45 | +0.063% | $582K | $1.9M | 50x | as long as short |
| MEXC BNB_USDT | +0.0066% | 8h | 790.20 | +0.158% | $80.2M | $12.3M | 200x | as long as short |
| Binance BNBUSDT | +0.0066% | 8h | 790.01 | +0.134% | $492.9M | $789.2M | 75x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
Aster BNBUSDT
BingX BNB-USDT
Coinbase International BNB-PERP-INTX
MEXC BNB_USDT
Binance BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex BNBUSDT | +0.0075% | 8h | 789.64 | +0.087% | $69.1M | $50.1M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 789.41 | +0.058% | $2.7M | $3.8M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 789.55 | +0.076% | $266K | $492K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 788.95 | 0.000% | $1.5M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 789.85 | +0.114% | $51.8M | $17.5M | 10x | as long as short |
| Pacifica BNBshort | +0.0100% | 1h | 789.51 | +0.071% | $1.2M | $931K | 20x | |
| Bybit BNBUSDT | +0.0100% | 8h | 789.21 | +0.033% | $138.8M | $74.7M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 789.20 | +0.032% | $53.4M | $111.1M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 789.60 | +0.082% | $52K | $130K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 789.25 | +0.038% | $35.4M | $56.7M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 789.15 | +0.025% | $27.6M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 789.12 | +0.022% | $76.3M | $30.3M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 789.47 | +0.066% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 788.50 | −0.057% | $4.1M | $4.6M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 790.18 | +0.156% | $4.1M | $73.5M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 789.85 | +0.114% | $159K | $440K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 789.23 | +0.035% | $133K | $950K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 789.64 | +0.087% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 790.06 | +0.140% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 789.60 | +0.082% | $388K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 789.20 | +0.031% | $8.1M | $9.3M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0101% | 8h | 789.98 | +0.130% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 788.84 | −0.013% | $1.8M | $5.9M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 789.52 | +0.072% | $379K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0117% | 1h | 789.39 | +0.056% | $170K | $35K | 10x | as long as short |
| dYdX BNB-USDlong | +0.0122% | 1h | 788.95 | long leg | $160K | $64K | 10x | |
| GRVT BNB_USDT_Perp | +0.0136% | 8h | 789.89 | +0.120% | $2.9M | $28.0M | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0182% | 8h | 789.60 | +0.082% | $124K | $2.7M | 4.8x | as long as short |
| BloFin BNB-USDT | +0.0187% | 8h | 790.74 | +0.227% | $18.1M | $2.2M | 75x | as long as short |
| 01 Exchange BNBUSD | +0.0224% | 1h | 789.89 | +0.119% | $28K | $4K | 10x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0263% | 1h | 788.83 | −0.016% | $2.5M | $1.2M | 50x | as long as short |
| Bulk BNB-USD | +0.0272% | 1h | 789.78 | +0.105% | $640K | $9K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 789.96 | +0.128% | $1.5M | $143K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0326% | 1h | 788.90 | −0.007% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0461% | 1h | 789.58 | +0.080% | $1.1M | $975K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0496% | 1h | 789.46 | +0.065% | $67K | $38K | 12x | as long as short |
Phemex BNBUSDT
Lighter BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Hyperliquid BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
BloFin BNB-USDT
01 Exchange BNBUSD
Kraken Futures PF_BNBUSD
Bulk BNB-USD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P