Settings8H · net · $10k
Funding arb · Price arb /

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Pacifica against Extended+0.047%7-day average +0.099% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$200.201% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.027%+$3 on $10k
Price spread, last 7 days−0.022%−$2 · spread now +0.047%, 7d avg +0.099%
Together, before fees+0.005%+ Points / potential airdropExtended: Active · Pacifica: Active · farm board$0 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.052% cheaper against Extended than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.099%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BNB-USD786.740.0104pay 0.0013% / 1h1m 36s$1.8M$6.3M50x
ShortPacifica BNB787.110.0100get 0.0013% / 1h1m 36s$1.2M$934K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Extended. 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

Funding earned
−$0.84
Price spread: +0.047% → +0.099%
−$5.21
Slippage, 4 orders
−$7.08
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$26.13
Costs to cover
0.201%
Break-even
never at this rate
Slippage from Extended: 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 2 min ago0.06 bp3.3 bp −$35.8 bp −$58doesn't fitdoesn't fit
Sell Pacifica live order book, 2 min ago0.06 bp4.2 bp −$46.5 bp −$65doesn't fitdoesn't fit

BNB on 46 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0192% / S +0.0356%1h786.58−0.020%$46K200xas long as short
Kraken Futures PF_BNBUSD−0.0124%1h786.71−0.005%$2.5M$1.2M50xas long as short
Hotstuff BNB-PERP−0.0080%1h787.31+0.072%$4K$4225xas long as short
Kalshi KXBNBPERP0.0000%8h787.20+0.058%$122K$2.7M4.8xas long as short
StandX BNB-USD0.0000%1h787.31+0.072%$849K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h786.67−0.010%$9.5M150xas long as short
Aster BNBUSDT+0.0023%8h787.64+0.114%$6.1M$19.1M200xas long as short
BingX BNB-USDT+0.0033%8h787.10+0.046%$22.3Mas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.332%$19K$789K30xas long as short
MEXC BNB_USDT+0.0044%8h787.80+0.135%$79.9M$12.1M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0044%8h787.79+0.133%$490.3M$804.4M75xas long as short
Phemex BNBUSDT+0.0049%8h787.27+0.067%$68.9M$50.7M50xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h787.21+0.060%$579K$1.9M50xas long as short
dYdX BNB-USD+0.0077%1h786.57−0.022%$159K$61K10xas long as short
Phoenix BNB+0.0092%1h787.46+0.091%$169K$35K10xas long as short
Lighter BNB+0.0096%1h786.88+0.018%$2.7M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h786.73−0.001%$265K$491K50xas long as short
Nado BNB-PERP+0.0100%1h786.55−0.024%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h787.22+0.061%$51.6M$17.5M10xas long as short
Pacifica BNBshort+0.0100%1h787.11+0.047%$1.2M$934K20x
Bybit BNBUSDT+0.0100%8h786.97+0.029%$138.3M$74.1M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h786.90+0.020%$53.5M$111.5M50xas long as short
Arcus BNB-USD+0.0100%1h787.20+0.058%$52K$133K10xas long as short
Gate BNB_USDT+0.0100%8h786.95+0.027%$36.2M$58.5M75xas long as short
KuCoin BNBUSDTM+0.0100%8h786.60−0.018%$27.6M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h786.62−0.015%$76.1M$30.7M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h787.07+0.042%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h787.11+0.047%$4.1M$4.6Mas long as short
edgeX BNBUSDC+0.0100%4h787.45+0.090%$4.1M$74.5M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h787.41+0.085%$158K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h786.59−0.019%$131K$956K10xas long as short
Derive BNB-PERP+0.0100%1h786.79+0.006%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h787.22+0.061%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h786.90+0.020%$387K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h786.750.000%$8.1M$9.7M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h787.23+0.062%$76K$17K50xas long as short
Extended BNB-USDlong+0.0104%1h786.74long leg$1.8M$6.3M50x
Aevo BNB-PERP+0.0104%1h786.86+0.015%$378K$110K10xas long as short
BloFin BNB-USDT+0.0164%8h787.38+0.081%$17.7M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0185%8h787.96+0.155%$2.9M$28.9M10xas long as short
Bulk BNB-USD+0.0223%1h788.23+0.189%$639K$10K10xas long as short
01 Exchange BNBUSD+0.0248%1h787.77+0.131%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h787.17+0.055%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0324%1h786.40−0.043%$6K$3K40xas long as short
RISEx BNB/USDC+0.0431%1h787.31+0.072%$1.1M$907K20xas long as short
Hibachi BNB/USDT-P+0.0432%1h787.70+0.121%$67K$39K12xas long as short