Funding arb · Price arb /

BNB

all BNB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: ApeX Omni against Pacifica+0.088%51s7-day average +0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$370.367% of the position

Long on Pacifica Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 4 days (all we have)+0.361%+$36 · spread now +0.088%, 7d avg +0.038%

Together, before fees+0.354%+ Points / potential airdropPacifica: Active · farm board+$35 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: ApeX Omni is 0.050% dearer against Pacifica than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.038%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica BNB	789.37	0.0100	pay 0.0013% / 1h	0m 23s	$1.2M	$920K	20x
Short	ApeX Omni BNBUSDT	790.07	0.0100	get 0.0013% / 1h	0m 23s	$159K	$438K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Pacifica. 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

Position, each leg$Hold fordaysFee PacificabpFee ApeX OmnibpOrdersPrice spread, now +0.088%Rate

Funding earned: $0
Price spread: +0.088% → +0.038%: $5.04
Slippage, 4 orders: −$18.69
Fee Pacifica: 4 bp × 2 orders: −$8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$31.66
Costs to cover: 0.367%
Break-even: never at this rate

Slippage from Pacifica: live order book, 4 min ago; ApeX Omni: 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 Pacifica live order book, 4 min ago	0.82 bp	8.6 bp −$9	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 2 min ago	6.20 bp	11.6 bp −$12	32.7 bp −$327	doesn't fit	doesn't fit

BNB on 45 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 −0.0167% / S +0.0335%	1h	788.73	−0.081%	$46K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0132%	1h	789.38	+0.001%	$2.5M	$1.2M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	789.47	+0.012%	$4K	$239	25x	as long as short
StandX BNB-USD	0.0000%	1h	790.38	+0.127%	$854K	$3.2M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	788.86	−0.065%	$9.6M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.991%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0034%	8h	789.61	+0.030%	$6.2M	$18.9M	200x	as long as short
BingX BNB-USDC	+0.0051%	8h	789.04	−0.042%	—	$13.4M	—	as long as short
Coinbase International BNB-PERP-INTX	+0.0056%	1h	789.66	+0.036%	$619K	$1.8M	50x	as long as short
Phemex BNBUSDT	+0.0058%	8h	789.78	+0.051%	$69.1M	$50.8M	50x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BNB	+0.0062%	8h	789.21	−0.020%	$4.1M	$4.8M	—	as long as short
MEXC BNB_USDT	+0.0067%	8h	789.70	+0.041%	$80.5M	$13.2M	200x	as long as short
Binance BNBUSDT	+0.0068%	8h	789.49	+0.015%	$494.2M	$812.1M	75x	as long as short
Gate BNB_USDT	+0.0069%	8h	788.80	−0.073%	$35.4M	$58.3M	75x	as long as short
Phoenix BNB	+0.0088%	1h	789.43	+0.007%	$170K	$36K	10x	as long as short
Lighter BNB	+0.0096%	1h	789.27	−0.014%	$2.8M	$4.1M	20x	as long as short
GRVT BNB_USDT_Perp	+0.0098%	8h	790.16	+0.100%	$2.9M	$28.4M	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	788.86	−0.065%	$381K	$386K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	789.10	−0.035%	$1.5M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	789.65	+0.035%	$51.7M	$18.7M	10x	as long as short
Pacifica BNBlong	+0.0100%	1h	789.37	long leg	$1.2M	$920K	20x
Bybit BNBUSDT	+0.0100%	8h	788.90	−0.060%	$138.8M	$79.2M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	788.80	−0.073%	$53.3M	$112.7M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	789.30	−0.009%	$52K	$135K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	788.91	−0.059%	$27.8M	$10.4M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	788.76	−0.078%	$77.2M	$29.9M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	790.23	+0.109%	$4.1M	$77.3M	30x	as long as short
ApeX Omni BNBUSDTshort	+0.0100%	1h	790.07	+0.088%	$159K	$438K	50x
Polymarket Perps BNB-USD	+0.0100%	1h	788.86	−0.065%	$137K	$946K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	788.98	−0.050%	$31K	$9K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	789.61	+0.030%	$12K	$1.6M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	789.47	+0.012%	$8.1M	$9.0M	75x	as long as short
Paradex BNB-USD-PERP	+0.0101%	8h	789.75	+0.048%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	788.77	−0.077%	$1.8M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	788.82	−0.070%	$379K	$110K	10x	as long as short
SoDEX BNB-USD	+0.0116%	1h	789.40	+0.003%	$388K	$1.0M	10x	as long as short
dYdX BNB-USD	+0.0121%	1h	788.88	−0.062%	$160K	$64K	10x	as long as short
RISEx BNB/USDC	+0.0131%	1h	789.33	−0.006%	$1.1M	$1.1M	20x	as long as short
Kalshi KXBNBPERP	+0.0178%	8h	789.80	+0.054%	$92K	$2.9M	4.8x	as long as short
01 Exchange BNBUSD	+0.0280%	1h	789.69	+0.040%	$28K	$3K	10x	as long as short
Bulk BNB-USD	+0.0298%	1h	789.80	+0.054%	$640K	$13K	10x	as long as short
Reya BNBRUSDPERP	+0.0328%	1h	788.70	−0.086%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0384%	1h	789.79	+0.053%	$2.2M	$6.0M	40x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0400%	1h	789.82	+0.056%	$1.5M	$160K	25x	as long as short
Hibachi BNB/USDT-P	+0.0520%	1h	789.88	+0.064%	$67K	$39K	12x	as long as short