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: KuCoin against Pacifica−0.141%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
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+0.094%+$9 · spread now −0.141%, 7d avg −0.061%
Together, before fees+0.054%+ Points / potential airdropPacifica: Active · farm board+$5 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: KuCoin is 0.080% cheaper against Pacifica than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.061%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica BNB791.100.0100pay 0.0013% / 1h7m 20s$1.2M$914K20x
ShortKuCoin BNBUSDTM789.990.0100get 0.0100% / 8h5h 07m$27.6M$10.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$0
Price spread: −0.141% → −0.061%
−$7.99
Slippage, 4 orders
−$13.31
Fee Pacifica: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$41.3
Costs to cover
0.333%
Break-even
never at this rate
Slippage from Pacifica: live order book, 2 min ago; KuCoin: 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 Pacifica live order book, 2 min ago0.82 bp5.0 bp −$510.2 bp −$102doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago0.76 bp11.1 bp −$1119.6 bp −$19651.0 bp −$5,101doesn'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%1h790.27−0.106%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h791.76+0.083%$4K$23925xas long as short
StandX BNB-USD0.0000%1h792.16+0.133%$856K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h790.35−0.095%$9.6M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.768%$19K$789K30xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h792.68+0.199%$592K$1.9M50xas long as short
Aster BNBUSDT+0.0049%8h790.96−0.018%$6.2M$18.7M200xas long as short
Phemex BNBUSDT+0.0050%8h792.19+0.137%$69.4M$50.4M50xas long as short
BingX BNB-USDC+0.0060%8h791.30+0.025%$13.4Mas long as short
MEXC BNB_USDT+0.0071%8h791.20+0.012%$80.4M$12.5M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0071%8h790.87−0.029%$493.9M$791.6M75xas long as short
Kraken Futures PF_BNBUSD+0.0091%1h789.95−0.146%$2.5M$1.2M50xas long as short
Lighter BNB+0.0096%1h791.12+0.002%$2.7M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h790.53−0.073%$266K$498K50xas long as short
Nado BNB-PERP+0.0100%1h790.25−0.108%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h790.89−0.027%$51.9M$17.5M10xas long as short
Pacifica BNBlong+0.0100%1h791.10long leg$1.2M$914K20x
Bybit BNBUSDT+0.0100%8h790.23−0.110%$139.1M$76.8M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h790.20−0.114%$53.5M$112.0M50xas long as short
Arcus BNB-USD+0.0100%1h790.70−0.051%$52K$130K10xas long as short
Gate BNB_USDT+0.0100%8h790.30−0.102%$35.4M$57.4M75xas long as short
KuCoin BNBUSDTMshort+0.0100%8h789.99−0.141%$27.6M$10.3M75x
Bitget BNBUSDT+0.0100%8h790.06−0.132%$76.6M$30.3M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h791.94+0.106%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h791.10−0.001%$4.1M$4.6Mas long as short
edgeX BNBUSDC+0.0100%4h791.80+0.088%$4.1M$74.6M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h791.37+0.034%$159K$441K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h790.29−0.103%$133K$949K10xas long as short
Derive BNB-PERP+0.0100%1h790.64−0.058%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h790.79−0.040%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h790.30−0.102%$389K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h792.00+0.113%$8.1M$9.2M75xas long as short
Paradex BNB-USD-PERP+0.0102%8h791.73+0.079%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h789.94−0.147%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h790.48−0.079%$380K$110K10xas long as short
Phoenix BNB+0.0107%1h791.64+0.068%$170K$35K10xas long as short
GRVT BNB_USDT_Perp+0.0141%8h791.87+0.097%$2.9M$27.9M10xas long as short
Kalshi KXBNBPERP+0.0187%8h792.80+0.214%$104K$2.7M4.8xas long as short
dYdX BNB-USD+0.0187%1h791.19+0.011%$160K$63K10xas long as short
BloFin BNB-USDT+0.0192%8h791.99+0.112%$18.2M$2.2M75xas long as short
01 Exchange BNBUSD+0.0280%1h790.87−0.030%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h790.90−0.026%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0327%1h789.94−0.147%$6K$3K40xas long as short
RISEx BNB/USDC+0.0361%1h790.71−0.050%$1.1M$979K20xas long as short
Bulk BNB-USD+0.0366%1h792.18+0.136%$641K$9K10xas long as short
Hibachi BNB/USDT-P+0.0576%1h791.63+0.067%$68K$38K12xas long as short