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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against OKX+0.099%7-day average +0.068% · 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−$20as in the Price arb table
costs, in and out, $10k−$230.235% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.061%+$6 on $10k
Price spread, last 7 days−0.032%−$3 · spread now +0.099%, 7d avg +0.068%
Together, before fees+0.029%+ Points / potential airdropPacifica: Active · farm board+$3 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 0.031% dearer against OKX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.068%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BNB-USDT-SWAP804.700.0100pay 0.0100% / 8h2h 10m$55.2M$116.1M50x
ShortPacifica BNB805.500.0100get 0.0013% / 1h10m 07s$1.2M$924K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against OKX. 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: +0.099% → +0.068%
$3.11
Slippage, 4 orders
−$5.46
Fee OKX: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$20.35
Costs to cover
0.235%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; Pacifica: live order book, 4 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 OKX live order book, 4 min ago0.62 bp6.9 bp −$79.1 bp −$9121.5 bp −$2,145doesn't fit
Sell Pacifica live order book, 4 min ago0.50 bp6.3 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 −0.0195% / S +0.0371%1h804.88+0.022%$49K200xas long as short
Hotstuff BNB-PERP−0.0080%1h805.14+0.055%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h805.48+0.097%$3.0M$29.5M10xas long as short
Kalshi KXBNBPERP0.0000%8h805.90+0.149%$114K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h804.97+0.034%$870K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h805.00+0.037%$9.8M150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h804.99+0.037%$2.5M$919K50xas long as short
Variational Omni BNB+0.0049%8h804.63−0.009%$4.1M$5.4Mas long as short
BingX BNB-USDT+0.0055%8h805.02+0.040%$34.5Mas long as short
Bybit BNBUSDT+0.0080%8h804.60−0.012%$139.6M$81.7M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0088%1h805.15+0.056%$608K$881K50xas long as short
Lighter BNB+0.0096%1h805.09+0.049%$2.8M$4.2M20xas long as short
Aster BNBUSDT+0.0098%8h805.49+0.099%$6.4M$18.8M200xas long as short
Nado BNB-PERP+0.0100%1h804.90+0.025%$1.5M$2.8M20xas long as short
Pacifica BNBshort+0.0100%1h805.50+0.099%$1.2M$924K20x
OKX BNB-USDT-SWAPlong+0.0100%8h804.70long leg$55.2M$116.1M50x
Arcus BNB-USD+0.0100%1h805.40+0.087%$53K$170K10xas long as short
Gate BNB_USDT+0.0100%8h804.80+0.012%$36.1M$59.2M75xas long as short
KuCoin BNBUSDTM+0.0100%8h804.79+0.011%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h804.54−0.020%$79.0M$24.8M75xas long as short
edgeX BNBUSDC+0.0100%4h806.79+0.260%$4.2M$77.2M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h806.36+0.206%$159K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h804.96+0.032%$116K$873K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h805.00+0.037%$389K$592K50xas long as short
Derive BNB-PERP+0.0100%1h804.99+0.035%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h805.63+0.116%$13K$1.7M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h805.38+0.085%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h805.30+0.075%$8.2M$7.5M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h805.95+0.156%$79K$19K50xas long as short
Extended BNB-USD+0.0104%1h804.56−0.017%$1.9M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h805.12+0.052%$387K$40K10xas long as short
MEXC BNB_USDT+0.0114%8h805.70+0.124%$84.6M$13.7M200xas long as short
Binance BNBUSDT+0.0115%8h805.51+0.101%$520.6M$806.1M75xas long as short
Phoenix BNB+0.0125%1h805.62+0.114%$173K$35K10xas long as short
Phemex BNBUSDT+0.0134%8h805.52+0.102%$70.3M$51.8M50xas long as short
SoDEX BNB-USD+0.0196%1h804.90+0.025%$396K$1.0M10xas long as short
RISEx BNB/USDC+0.0209%1h805.26+0.070%$1.1M$1.5M20xas long as short
Hyperliquid BNB+0.0210%1h805.46+0.094%$51.9M$22.0M10xas long as short
BloFin BNB-USDT+0.0234%8h805.45+0.093%$18.9M$3.1M75xas long as short
dYdX BNB-USD+0.0245%1h804.86+0.020%$170K$55K10xas long as short
Hibachi BNB/USDT-P+0.0256%1h805.00+0.038%$71K$48K12xas long as short
Bulk BNB-USD+0.0258%1h805.37+0.083%$651K$14K10xas long as short
Reya BNBRUSDPERP+0.0334%1h804.700.000%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0344%1h805.87+0.145%$29K$1K10xas long as short
Injective BNB/USDC PERP+0.0353%1h804.89+0.024%$19K$627K30xas long as short
Backpack BNB_USDC_PERP+0.0651%1h805.87+0.145%$3.0M$5.5M40xas long as short