Funding you earn now, next payment 20:00 UTC−0.0004%/8hnext payment −$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter against Pacifica+0.030%7-day average −0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$7as in the Price arb table
costs, in and out, $10k−$140.140% of the position
Funding, last 7 days−0.077%−$8 on $10k
+Price spread, last 7 days−0.097%−$10 · spread now +0.030%, 7d avg −0.043%
=Together, before fees−0.174%+ Points / potential airdropPacifica: Active · Lighter: Season 3 · farm board−$17 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: Lighter is 0.074% dearer against Pacifica than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.043%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica BNB | 799.47 | 0.0100 | pay 0.0013% / 1h | 6m 41s | $1.2M | $916K | 20x |
| Short | Lighter BNB | 799.71 | 0.0096 | get 0.0012% / 1h | 6m 41s | $2.9M | $3.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$0.84
- Price spread: +0.030% → −0.043%
- $7.4
- Slippage, 4 orders
- −$6
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$7.45
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 2 min ago; Lighter: 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, 2 min ago | 1.69 bp | 5.9 bp −$6 | 10.7 bp −$107 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 5 min ago | 0.59 bp | 1.5 bp −$2 | 3.7 bp −$37 | 14.1 bp −$1,411 | 71.6 bp −$35.8K |
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 −0.0195% / S +0.0371% | 1h | 799.77 | +0.038% | $48K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 799.93 | +0.057% | $4K | $1K | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 799.79 | +0.040% | $3.0M | $29.9M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 799.92 | +0.056% | $865K | $3.1M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0008% | 1h | 799.86 | +0.049% | $9.7M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 800.33 | +0.107% | $19K | $513K | 30x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0056% | 1h | 800.07 | +0.075% | $601K | $900K | 50x | as long as short |
| Variational Omni BNB | +0.0070% | 8h | 798.95 | −0.066% | $4.1M | $5.5M | — | as long as short |
| BingX BNB-USDT | +0.0078% | 8h | 799.24 | −0.029% | — | $33.8M | — | as long as short |
| Aster BNBUSDT | +0.0090% | 8h | 800.13 | +0.082% | $6.3M | $18.9M | 200x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter BNBshort | +0.0096% | 1h | 799.71 | +0.030% | $2.9M | $3.9M | 20x | |
| MEXC BNB_USDT | +0.0097% | 8h | 800.30 | +0.104% | $83.9M | $15.2M | 200x | as long as short |
| Binance BNBUSDT | +0.0097% | 8h | 799.71 | +0.030% | $516.3M | $803.1M | 75x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 799.48 | +0.001% | $1.4M | $2.8M | 20x | as long as short |
| Pacifica BNBlong | +0.0100% | 1h | 799.47 | long leg | $1.2M | $916K | 20x | |
| Bybit BNBUSDT | +0.0100% | 8h | 798.83 | −0.080% | $138.2M | $86.7M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 798.80 | −0.084% | $54.9M | $116.2M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 799.30 | −0.021% | $53K | $221K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 799.05 | −0.053% | $35.9M | $59.6M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 799.02 | −0.056% | $28.0M | $10.5M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 798.77 | −0.088% | $78.3M | $24.5M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 800.11 | +0.079% | $4.2M | $76.0M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 800.09 | +0.077% | $158K | $439K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 799.69 | +0.027% | $120K | $881K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 799.70 | +0.029% | $386K | $627K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 799.85 | +0.048% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 800.14 | +0.083% | $13K | $1.7M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 799.70 | +0.029% | $393K | $1.0M | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 800.10 | +0.078% | $1.6M | $159K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 799.95 | +0.059% | $8.2M | $7.0M | 75x | as long as short |
| Bulk BNB-USD | +0.0100% | 1h | 799.93 | +0.057% | $649K | $3K | 10x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 799.79 | +0.040% | $78K | $19K | 50x | as long as short |
| Kalshi KXBNBPERP | +0.0101% | 8h | 800.20 | +0.091% | $107K | $2.7M | 4.8x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 798.74 | −0.092% | $1.9M | $6.4M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 799.79 | +0.040% | $384K | $40K | 10x | as long as short |
| Phemex BNBUSDT | +0.0110% | 8h | 800.27 | +0.100% | $70.0M | $51.8M | 50x | as long as short |
| Phoenix BNB | +0.0151% | 1h | 799.88 | +0.051% | $172K | $28K | 10x | as long as short |
| RISEx BNB/USDC | +0.0165% | 1h | 799.42 | −0.006% | $1.1M | $1.5M | 20x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0185% | 1h | 799.62 | +0.019% | $2.5M | $915K | 50x | as long as short |
| BloFin BNB-USDT | +0.0218% | 8h | 800.22 | +0.094% | $18.9M | $3.0M | 75x | as long as short |
| Hyperliquid BNB | +0.0225% | 1h | 799.97 | +0.062% | $51.3M | $21.4M | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0280% | 1h | 800.35 | +0.110% | $28K | $1K | 10x | as long as short |
| Hibachi BNB/USDT-P | +0.0312% | 1h | 800.10 | +0.079% | $70K | $48K | 12x | as long as short |
| Reya BNBRUSDPERP | +0.0335% | 1h | 799.42 | −0.007% | $9K | — | 40x | as long as short |
| dYdX BNB-USD | +0.0364% | 1h | 799.53 | +0.008% | $169K | $55K | 10x | as long as short |
| Backpack BNB_USDC_PERP | +0.0690% | 1h | 800.70 | +0.154% | $3.0M | $5.3M | 40x | as long as short |
Pacifica BNB
Lighter BNB
GMX BNB/USD [WBTC.b-USDC]
GRVT BNB_USDT_Perp
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
Coinbase International BNB-PERP-INTX
Variational Omni BNB
BingX BNB-USDT
Aster BNBUSDT
MEXC BNB_USDT
Binance BNBUSDT
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Bulk BNB-USD
Paradex BNB-USD-PERP
Kalshi KXBNBPERP
Extended BNB-USD
Phemex BNBUSDT
Phoenix BNB
RISEx BNB/USDC
Kraken Futures PF_BNBUSD
BloFin BNB-USDT
Hyperliquid BNB
01 Exchange BNBUSD
Backpack BNB_USDC_PERP