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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against KuCoin+0.166%46s7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$330.333% of the position
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−0.120%−$12 · spread now +0.166%, 7d avg +0.061%
Together, before fees−0.080%+ Points / potential airdropPacifica: Active · farm board−$8 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 0.105% dearer against KuCoin than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.061%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BNBUSDTM789.790.0100pay 0.0100% / 8h5h 06m$27.6M$10.3M75x
ShortPacifica BNB791.100.0100get 0.0013% / 1h6m 56s$1.2M$914K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against KuCoin. 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
Price spread: +0.166% → +0.061%
$10.54
Slippage, 4 orders
−$13.31
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$22.77
Costs to cover
0.333%
Break-even
never at this rate
Slippage from KuCoin: 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 KuCoin live order book, 2 min ago0.76 bp11.2 bp −$1118.9 bp −$189doesn't fitdoesn't fit
Sell Pacifica live order book, 2 min ago0.82 bp6.0 bp −$6doesn't fitdoesn'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 −0.0167% / S +0.0335%1h790.27+0.061%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h791.76+0.249%$4K$23925xas long as short
StandX BNB-USD0.0000%1h792.16+0.300%$856K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h790.35+0.071%$9.6M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.937%$19K$789K30xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h792.68+0.366%$592K$1.9M50xas long as short
Aster BNBUSDT+0.0049%8h790.64+0.108%$6.2M$18.7M200xas long as short
Phemex BNBUSDT+0.0058%8h790.81+0.129%$69.3M$50.3M50xas long as short
BingX BNB-USDT+0.0058%8h790.27+0.061%$34.3Mas long as short
MEXC BNB_USDT+0.0071%8h790.80+0.128%$80.3M$12.5M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0071%8h790.69+0.114%$493.8M$791.9M75xas long as short
Kraken Futures PF_BNBUSD+0.0091%1h789.95+0.020%$2.5M$1.2M50xas long as short
Lighter BNB+0.0096%1h790.36+0.072%$2.7M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h790.53+0.094%$266K$498K50xas long as short
Nado BNB-PERP+0.0100%1h790.25+0.058%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h790.72+0.118%$51.9M$17.5M10xas long as short
Pacifica BNBshort+0.0100%1h791.10+0.166%$1.2M$914K20x
Bybit BNBUSDT+0.0100%8h789.90+0.014%$139.0M$76.8M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h789.60−0.024%$53.4M$112.0M50xas long as short
Arcus BNB-USD+0.0100%1h790.70+0.115%$52K$130K10xas long as short
Gate BNB_USDT+0.0100%8h790.05+0.033%$35.4M$57.4M75xas long as short
KuCoin BNBUSDTMlong+0.0100%8h789.79long leg$27.6M$10.3M75x
Bitget BNBUSDT+0.0100%8h789.57−0.028%$76.6M$30.3M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h790.50+0.090%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h791.10+0.165%$4.1M$4.6Mas long as short
edgeX BNBUSDC+0.0100%4h791.80+0.255%$4.1M$74.6M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h791.37+0.200%$159K$441K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h790.29+0.063%$133K$949K10xas long as short
Derive BNB-PERP+0.0100%1h790.64+0.108%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h790.79+0.127%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h790.30+0.065%$389K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h790.10+0.040%$8.1M$9.2M75xas long as short
Paradex BNB-USD-PERP+0.0102%8h791.73+0.246%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h789.49−0.038%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h790.48+0.087%$380K$110K10xas long as short
Phoenix BNB+0.0107%1h791.64+0.234%$170K$35K10xas long as short
GRVT BNB_USDT_Perp+0.0141%8h791.87+0.264%$2.9M$27.9M10xas long as short
Kalshi KXBNBPERP+0.0186%8h791.90+0.267%$104K$2.7M4.8xas long as short
dYdX BNB-USD+0.0187%1h791.19+0.178%$160K$63K10xas long as short
BloFin BNB-USDT+0.0191%8h791.02+0.156%$18.2M$2.2M75xas long as short
01 Exchange BNBUSD+0.0280%1h790.87+0.137%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h790.90+0.140%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0327%1h789.94+0.020%$6K$3K40xas long as short
RISEx BNB/USDC+0.0361%1h790.71+0.117%$1.1M$979K20xas long as short
Bulk BNB-USD+0.0366%1h792.18+0.303%$641K$9K10xas long as short
Hibachi BNB/USDT-P+0.0576%1h791.63+0.234%$68K$38K12xas long as short