Funding you earn now, next payment 03:00 UTC−0.0036%/8h= −3.9% APRnext payment −$0.04 per $10,000 · paid last 24h −0.006%
Price spread now: Coinbase International against Pacifica−0.045%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$300.298% of the position
Funding, last 7 days−0.120%−$12 on $10k
+Price spread, last 4 days (all we have)−0.123%−$12 · spread now −0.045%, 7d avg −0.045%
=Together, before fees−0.243%+ Points / potential airdropPacifica: Active · farm board−$24 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.045%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica BNB | 789.81 | 0.0100 | pay 0.0013% / 1h | 43m 51s | $1.2M | $931K | 20x |
| Short | Coinbase International BNB-PERP-INTX | 789.45 | 0.0064 | get 0.0008% / 1h | 43m 51s | $582K | $1.9M | 50x |
Pacifica BNB
Coinbase International BNB-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Pacifica. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$7.56
- Price spread: −0.045% → −0.045%
- $0.05
- Slippage, 4 orders
- −$11.76
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$37.27
- Costs to cover
- 0.298%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 5 min ago; Coinbase International: live order book, 5 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, 5 min ago | 1.01 bp | 7.6 bp −$8 | 11.4 bp −$114 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 1.97 bp | 8.9 bp −$9 | 15.9 bp −$159 | doesn't fit | doesn't fit |
BNB on 46 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 −0.0184% / S +0.0349% | 1h | 789.94 | +0.017% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 789.65 | −0.020% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 790.01 | +0.026% | $854K | $3.2M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 789.99 | +0.024% | $9.5M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +1.935% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0041% | 8h | 790.56 | +0.096% | $6.1M | $18.7M | 200x | as long as short |
| BingX BNB-USDT | +0.0054% | 8h | 790.08 | +0.035% | — | $34.3M | — | as long as short |
| Coinbase International BNB-PERP-INTXshort | +0.0064% | 1h | 789.45 | −0.045% | $582K | $1.9M | 50x | |
| MEXC BNB_USDT | +0.0066% | 8h | 790.80 | +0.126% | $80.3M | $12.3M | 200x | as long as short |
| Binance BNBUSDT | +0.0067% | 8h | 790.55 | +0.094% | $493.3M | $789.7M | 75x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
Aster BNBUSDT
BingX BNB-USDT
MEXC BNB_USDT
Binance BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex BNBUSDT | +0.0074% | 8h | 790.69 | +0.112% | $69.2M | $50.0M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 790.19 | +0.049% | $2.7M | $3.8M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 790.12 | +0.040% | $266K | $492K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 789.00 | −0.102% | $1.5M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 790.45 | +0.082% | $51.9M | $17.5M | 10x | as long as short |
| Pacifica BNBlong | +0.0100% | 1h | 789.81 | long leg | $1.2M | $931K | 20x | |
| Bybit BNBUSDT | +0.0100% | 8h | 789.70 | −0.013% | $138.9M | $74.8M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 789.70 | −0.013% | $53.4M | $111.3M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 790.00 | +0.025% | $52K | $130K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 789.85 | +0.006% | $35.4M | $56.7M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 789.80 | −0.001% | $27.6M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 789.63 | −0.022% | $76.5M | $30.4M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 790.53 | +0.092% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 788.50 | −0.165% | $4.1M | $4.6M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 789.10 | −0.090% | $4.1M | $74.6M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 789.58 | −0.028% | $159K | $440K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 789.76 | −0.006% | $133K | $950K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 790.18 | +0.048% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 790.63 | +0.104% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 790.20 | +0.050% | $388K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 789.91 | +0.013% | $8.1M | $9.4M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0101% | 8h | 790.26 | +0.057% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 789.44 | −0.046% | $1.8M | $5.9M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 790.12 | +0.040% | $380K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0117% | 1h | 789.31 | −0.063% | $170K | $35K | 10x | as long as short |
| dYdX BNB-USD | +0.0124% | 1h | 789.05 | −0.096% | $160K | $64K | 10x | as long as short |
| GRVT BNB_USDT_Perp | +0.0134% | 8h | 789.57 | −0.030% | $2.9M | $28.0M | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0182% | 8h | 790.10 | +0.037% | $124K | $2.7M | 4.8x | as long as short |
| BloFin BNB-USDT | +0.0187% | 8h | 789.81 | +0.001% | $18.2M | $2.2M | 75x | as long as short |
| 01 Exchange BNBUSD | +0.0224% | 1h | 790.45 | +0.082% | $28K | $4K | 10x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0263% | 1h | 789.88 | +0.009% | $2.5M | $1.2M | 50x | as long as short |
| Bulk BNB-USD | +0.0272% | 1h | 789.78 | −0.003% | $640K | $9K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0326% | 1h | 789.59 | −0.028% | $6K | $3K | 40x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0400% | 1h | 790.55 | +0.094% | $1.5M | $143K | 25x | as long as short |
| RISEx BNB/USDC | +0.0461% | 1h | 790.17 | +0.047% | $1.1M | $975K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0504% | 1h | 789.22 | −0.073% | $67K | $38K | 12x | as long as short |
Phemex BNBUSDT
Lighter BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Hyperliquid BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
dYdX BNB-USD
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
BloFin BNB-USDT
01 Exchange BNBUSD
Kraken Futures PF_BNBUSD
Bulk BNB-USD
Reya BNBRUSDPERP
Deribit BNB_USDC-PERPETUAL
RISEx BNB/USDC
Hibachi BNB/USDT-P