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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Polymarket Perps against Pacifica−0.085%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$250.250% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.031%−$3 on $10k
Price spread, last 4 days (all we have)+0.166%+$17 · spread now −0.085%, 7d avg −0.031%
Together, before fees+0.135%+ Points / potential airdropPacifica: Active · farm board+$14 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: Polymarket Perps is 0.054% cheaper against Pacifica than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica BNB790.420.0100pay 0.0013% / 1h54m 03s$1.2M$931K20x
ShortPolymarket Perps BNB-USD789.750.0100get 0.0013% / 1h54m 03s$130K$954K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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: −0.085% → −0.031%
−$5.35
Slippage, 4 orders
−$9.01
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$30.36
Costs to cover
0.250%
Break-even
never at this rate
Slippage from Pacifica: live order book, 5 min ago; Polymarket Perps: live order book, 64 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, 5 min ago0.06 bp7.7 bp −$8doesn't fitdoesn't fitdoesn't fit
Sell Polymarket Perps live order book, 64 min ago1.58 bp7.1 bp −$78.5 bp −$85doesn't fitdoesn'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 −0.0191% / S +0.0355%1h789.34−0.137%$46K200xas long as short
Kraken Futures PF_BNBUSD−0.0124%1h789.18−0.156%$2.5M$1.2M50xas long as short
Hotstuff BNB-PERP−0.0080%1h790.60+0.023%$4K$4225xas long as short
StandX BNB-USD0.0000%1h789.94−0.061%$852K$3.2M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h789.36−0.134%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.856%$19K$789K30xas long as short
Aster BNBUSDT+0.0036%8h789.94−0.061%$6.1M$18.7M200xas long as short
BingX BNB-USDT+0.0046%8h789.47−0.120%$34.4Mas long as short
MEXC BNB_USDT+0.0057%8h790.10−0.040%$80.1M$12.0M200xas long as short
Binance BNBUSDT+0.0057%8h790.05−0.046%$493.4M$794.3M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0063%8h789.96−0.058%$69.1M$50.2M50xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h789.35−0.135%$580K$1.9M50xas long as short
Lighter BNB+0.0096%1h789.51−0.115%$2.8M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h789.34−0.137%$266K$492K50xas long as short
Nado BNB-PERP+0.0100%1h790.05−0.047%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h789.88−0.069%$51.8M$17.5M10xas long as short
Pacifica BNBlong+0.0100%1h790.42long leg$1.2M$931K20x
Bybit BNBUSDT+0.0100%8h789.20−0.154%$138.9M$74.0M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h789.20−0.154%$53.4M$111.7M50xas long as short
Arcus BNB-USD+0.0100%1h790.40−0.002%$52K$133K10xas long as short
Gate BNB_USDT+0.0100%8h789.30−0.142%$35.7M$56.5M75xas long as short
KuCoin BNBUSDTM+0.0100%8h789.13−0.163%$28.1M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h789.21−0.153%$76.4M$30.3M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h789.57−0.107%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h789.31−0.140%$4.1M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h789.35−0.136%$4.1M$73.2M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h789.05−0.173%$159K$440K50xas long as short
Polymarket Perps BNB-USDshort+0.0100%1h789.75−0.085%$130K$954K10x
Derive BNB-PERP+0.0100%1h789.41−0.127%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h789.83−0.074%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h789.40−0.129%$388K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h789.80−0.078%$8.1M$9.6M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h790.56+0.018%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h788.93−0.188%$1.9M$6.2M50xas long as short
Aevo BNB-PERP+0.0104%1h789.26−0.146%$379K$110K10xas long as short
Phoenix BNB+0.0117%1h789.35−0.135%$170K$35K10xas long as short
dYdX BNB-USD+0.0133%1h789.92−0.063%$160K$64K10xas long as short
GRVT BNB_USDT_Perp+0.0163%8h789.64−0.099%$2.9M$28.5M10xas long as short
BloFin BNB-USDT+0.0177%8h790.62+0.025%$18.1M$2.2M75xas long as short
Kalshi KXBNBPERP+0.0192%8h790.10−0.040%$135K$2.7M4.8xas long as short
Bulk BNB-USD+0.0234%1h790.66+0.030%$640K$9K10xas long as short
01 Exchange BNBUSD+0.0272%1h790.61+0.024%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h789.72−0.088%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0325%1h789.45−0.122%$6K$3K40xas long as short
Hibachi BNB/USDT-P+0.0376%1h790.06−0.045%$67K$39K12xas long as short
RISEx BNB/USDC+0.0431%1h790.43+0.002%$1.1M$902K20xas long as short