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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0041%/8h= −4.5% APRpaid last 24h +0.002%
Price spread now: MEXC against Pacifica+0.097%7-day average +0.144% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$190.193% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.069%−$7 on $10k
Price spread, last 7 days+0.080%+$8 · spread now +0.097%, 7d avg +0.144%
Together, before fees+0.011%+ Points / potential airdropPacifica: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.046% cheaper against Pacifica than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.144%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica BNB787.630.0100pay 0.0013% / 1h5m 26s$1.2M$933K20x
ShortMEXC BNB_USDT788.400.0059get 0.0059% / 8h1h 05m$81.1M$12.1M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$8.61
Price spread: +0.097% → +0.144%
−$4.64
Slippage, 4 orders
−$7.34
Fee Pacifica: 4 bp × 2 orders
−$8
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$32.59
Costs to cover
0.193%
Break-even
never at this rate
Slippage from Pacifica: live order book, 3 min ago; MEXC: live order book, 4 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, 3 min ago0.06 bp8.5 bp −$8doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago0.63 bp4.0 bp −$46.9 bp −$6920.8 bp −$2,07834.3 bp −$17.2K

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 −0.0170% / S +0.0337%1h787.09−0.069%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h788.02+0.049%$4K$4225xas long as short
StandX BNB-USD0.0000%1h788.25+0.078%$850K$2.7M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h787.17−0.059%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.216%$19K$789K30xas long as short
BingX BNB-USDC+0.0049%8h787.46−0.022%$13.4Mas long as short
Aster BNBUSDT+0.0050%8h787.77+0.017%$6.1M$18.8M200xas long as short
MEXC BNB_USDTshort+0.0059%8h788.40+0.097%$81.1M$12.1M200x
Binance BNBUSDT+0.0059%8h787.70+0.008%$490.3M$821.0M75xas long as short
dYdX BNB-USD+0.0061%1h787.30−0.042%$160K$62K10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0072%8h788.21+0.073%$68.9M$51.1M50xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h787.43−0.026%$564K$1.9M50xas long as short
Lighter BNB+0.0096%1h787.57−0.008%$2.7M$3.9M20xas long as short
Nado BNB-PERP+0.0100%1h787.20−0.055%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h787.84+0.027%$51.6M$17.7M10xas long as short
Pacifica BNBlong+0.0100%1h787.63long leg$1.2M$933K20x
Bybit BNBUSDT+0.0100%8h787.06−0.073%$138.5M$75.0M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h787.10−0.068%$53.6M$113.2M50xas long as short
Arcus BNB-USD+0.0100%1h787.50−0.017%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h787.25−0.049%$37.9M$59.5M75xas long as short
KuCoin BNBUSDTM+0.0100%8h786.94−0.088%$27.7M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h787.10−0.068%$76.8M$31.6M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h788.02+0.049%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h787.51−0.015%$4.0M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h787.68+0.005%$4.1M$76.4M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h787.74+0.013%$159K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h787.10−0.068%$132K$953K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.19−0.056%$265K$470K50xas long as short
Derive BNB-PERP+0.0100%1h787.83+0.024%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h788.00+0.046%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h787.80+0.021%$387K$979K10xas long as short
HTX BNB-USDT+0.0100%8h788.16+0.067%$8.0M$10.2M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h787.93+0.037%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h786.98−0.084%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h787.13−0.064%$378K$110K10xas long as short
Kalshi KXBNBPERP+0.0117%8h788.40+0.097%$170K$2.7M4.8xas long as short
Phoenix BNB+0.0135%1h787.76+0.016%$169K$35K10xas long as short
BloFin BNB-USDT+0.0180%8h788.23+0.076%$17.7M$2.2M75xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h787.97+0.043%$1.5M$145K25xas long as short
Kraken Futures PF_BNBUSD+0.0205%1h787.39−0.031%$2.5M$1.2M50xas long as short
Bulk BNB-USD+0.0222%1h787.85+0.027%$639K$83110xas long as short
GRVT BNB_USDT_Perp+0.0228%8h787.96+0.041%$2.9M$29.3M10xas long as short
01 Exchange BNBUSD+0.0248%1h787.75+0.015%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0321%1h786.93−0.090%$6K$3K40xas long as short
RISEx BNB/USDC+0.0438%1h787.53−0.013%$1.1M$915K20xas long as short
Hibachi BNB/USDT-P+0.0472%1h787.88+0.031%$67K$39K12xas long as short