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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against Orderly+0.064%7-day average +0.005% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 4 days (all we have)−0.014%−$1 · spread now +0.064%, 7d avg +0.005%
Together, before fees−0.006%+ Points / potential airdropPacifica: Active · farm board−$1 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 0.059% dearer against Orderly than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_BNB_USDC787.470.0100pay 0.0100% / 8h4h 10m$264K$257K50x
ShortPacifica BNB787.970.0100get 0.0013% / 1h10m 09s$1.2M$484K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Orderly. 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: +0.064% → +0.005%
$5.89
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$8.11
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Pacifica: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Pacifica live order book, 2 min ago0.76 bp5.0 bp −$5doesn't fitdoesn't fitdoesn't fit
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

BNB on 46 exchanges

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 −0.0166% / S +0.0336%1h787.40−0.009%$43K200xas long as short
Kraken Futures PF_BNBUSD−0.0138%1h787.51+0.005%$2.6M$1.4M50xas long as short
Hotstuff BNB-PERP−0.0080%1h788.19+0.091%$4K25xas long as short
Bybit BNBUSDT−0.0077%8h787.40−0.009%$139.1M$63.2M75xas long as short
BingX BNB-USDC−0.0075%8h787.61+0.018%$13.4Mas long as short
Aster BNBUSDT0.0000%8h788.17+0.089%$5.9M$16.2M200xas long as short
GRVT BNB_USDT_Perp0.0000%8h787.83+0.046%$3.0M$26.7M10xas long as short
StandX BNB-USD0.0000%1h787.75+0.036%$850K$3.1M30xas long as short
Binance BNBUSDT+0.0003%8h788.28+0.103%$480.9M$727.1M75xas long as short
MEXC BNB_USDT+0.0003%8h789.30+0.232%$83.8M$11.6M200xas long as short
Show all 46 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h787.40−0.009%$9.5M150xas long as short
BloFin BNB-USDT+0.0014%8h788.25+0.099%$18.5M$2.2M75xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.238%$19K$789K30xas long as short
Variational Omni BNB+0.0043%8h787.03−0.055%$4.3M$3.7Mas long as short
Phemex BNBUSDT+0.0077%8h788.13+0.084%$68.3M$48.4M50xas long as short
Lighter BNB+0.0096%1h787.68+0.027%$2.7M$3.0M20xas long as short
Nado BNB-PERP+0.0100%1h787.37−0.012%$1.3M$2.2M20xas long as short
Hyperliquid BNB+0.0100%1h788.10+0.080%$52.2M$16.1M10xas long as short
Pacifica BNBshort+0.0100%1h787.97+0.064%$1.2M$484K20x
OKX BNB-USDT-SWAP+0.0100%8h787.60+0.017%$53.5M$96.8M50xas long as short
Arcus BNB-USD+0.0100%1h787.70+0.029%$57K$48K10xas long as short
Gate BNB_USDT+0.0100%8h787.40−0.009%$42.9M$52.1M75xas long as short
KuCoin BNBUSDTM+0.0100%8h787.32−0.019%$28.3M$9.3M75xas long as short
Bitget BNBUSDT+0.0100%8h787.54+0.009%$76.1M$30.2M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h787.85+0.048%$2.2M$6.0M40xas long as short
edgeX BNBUSDC+0.0100%4h787.73+0.032%$4.1M$69.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h788.04+0.072%$159K$462K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h787.36−0.014%$125K$908K10xas long as short
Orderly PERP_BNB_USDClong+0.0100%8h787.47long leg$264K$257K50x
Derive BNB-PERP+0.0100%1h787.59+0.016%$31K$10K10xas long as short
SunX BNB-USDT+0.0100%8h788.01+0.069%$12K$1.2M50xas long as short
SoDEX BNB-USD+0.0100%1h787.70+0.029%$387K$909K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h787.75+0.035%$1.5M$128K25xas long as short
HTX BNB-USDT+0.0100%8h788.27+0.101%$8.0M$9.7M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h788.22+0.095%$78K$1.3M50xas long as short
Kalshi KXBNBPERP+0.0101%8h788.20+0.093%$173K$2.4M4.8xas long as short
Extended BNB-USD+0.0104%1h786.95−0.066%$1.8M$5.4M50xas long as short
Aevo BNB-PERP+0.0104%1h787.46−0.001%$378K$110K10xas long as short
Phoenix BNB+0.0116%1h787.97+0.063%$158K$45K10xas long as short
Coinbase International BNB-PERP-INTX+0.0136%1h787.88+0.052%$534K$1.7M50xas long as short
dYdX BNB-USD+0.0175%1h787.62+0.019%$158K$31K10xas long as short
Hibachi BNB/USDT-P+0.0216%1h787.78+0.040%$67K$26K12xas long as short
01 Exchange BNBUSD+0.0248%1h788.09+0.079%$28K$2K10xas long as short
Bulk BNB-USD+0.0270%1h787.94+0.060%$638K$13K10xas long as short
Reya BNBRUSDPERP+0.0315%1h786.99−0.061%$6K$3K40xas long as short
RISEx BNB/USDC+0.0391%1h787.79+0.041%$1.1M$860K20xas long as short