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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0218%/8h= +23.9% APRnext payment +$0.27 per $10,000 · paid last 24h +0.012%
Price spread now: RISEx against Pacifica+0.017%7-day average −0.043% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$190.187% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.102%+$10 on $10k
Price spread, last 7 days−0.034%−$3 · spread now +0.017%, 7d avg −0.043%
Together, before fees+0.068%+ Points / potential airdropPacifica: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and RISEx is 0.061% dearer against Pacifica than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica BNB799.610.0100pay 0.0013% / 1h6m 43s$1.2M$926K20x
ShortRISEx BNB/USDC799.750.0318get 0.0040% / 1h6m 43s$1.1M$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$45.86
Price spread: +0.017% → −0.043%
$6.06
Slippage, 4 orders
−$4.72
Fee Pacifica: 4 bp × 2 orders
−$8
Fee RISEx: 3 bp × 2 orders
−$6
Net
$33.2
Costs to cover
0.187%
Break-even
1.9 days
Slippage from Pacifica: live order book, 2 min ago; RISEx: 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 ago0.94 bp5.7 bp −$6doesn't fitdoesn't fitdoesn't fit
Sell RISEx live order book, 2 min ago0.63 bp3.6 bp −$47.7 bp −$77doesn'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 −0.0201% / S +0.0372%1h799.09−0.064%$47K200xas long as short
Hotstuff BNB-PERP−0.0080%1h799.59−0.002%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h800.27+0.084%$3.0M$29.0M10xas long as short
StandX BNB-USD0.0000%1h800.56+0.119%$865K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h799.05−0.070%$9.7M150xas long as short
Variational Omni BNB+0.0030%8h799.14−0.058%$4.2M$5.4Mas long as short
BingX BNB-USDC+0.0055%8h799.31−0.037%$13.3Mas long as short
Bybit BNBUSDT+0.0065%8h799.10−0.063%$138.9M$78.7M75xas long as short
Aster BNBUSDT+0.0096%8h799.83+0.027%$6.3M$18.9M200xas long as short
Lighter BNB+0.0096%1h799.66+0.007%$2.8M$4.2M20xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0096%1h799.17−0.055%$605K$994K50xas long as short
Nado BNB-PERP+0.0100%1h798.80−0.101%$1.4M$2.7M20xas long as short
Pacifica BNBlong+0.0100%1h799.61long leg$1.2M$926K20x
OKX BNB-USDT-SWAP+0.0100%8h799.20−0.051%$54.6M$113.6M50xas long as short
Arcus BNB-USD+0.0100%1h799.90+0.037%$53K$151K10xas long as short
Gate BNB_USDT+0.0100%8h798.90−0.088%$35.7M$58.9M75xas long as short
KuCoin BNBUSDTM+0.0100%8h799.23−0.047%$28.0M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h799.29−0.040%$80.7M$26.6M75xas long as short
edgeX BNBUSDC+0.0100%4h800.16+0.069%$4.2M$77.2M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h800.53+0.116%$161K$442K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h799.14−0.058%$121K$872K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h799.07−0.067%$386K$489K50xas long as short
Derive BNB-PERP+0.0100%1h799.18−0.053%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h799.79+0.023%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h799.30−0.038%$393K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h798.99−0.077%$8.2M$7.9M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h800.12+0.065%$78K$19K50xas long as short
Kalshi KXBNBPERP+0.0100%8h799.40−0.026%$116K$2.9M4.8xas long as short
Extended BNB-USD+0.0104%1h798.83−0.097%$1.9M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h799.07−0.067%$384K$40K10xas long as short
MEXC BNB_USDT+0.0116%8h800.40+0.099%$83.1M$13.9M200xas long as short
Binance BNBUSDT+0.0117%8h800.01+0.050%$500.4M$818.3M75xas long as short
Phemex BNBUSDT+0.0117%8h799.74+0.017%$69.9M$51.2M50xas long as short
Phoenix BNB+0.0155%1h800.03+0.053%$172K$35K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h799.52−0.011%$1.6M$165K25xas long as short
Kraken Futures PF_BNBUSD+0.0207%1h799.19−0.052%$2.6M$965K50xas long as short
Hibachi BNB/USDT-P+0.0216%1h799.27−0.042%$71K$48K12xas long as short
BloFin BNB-USDT+0.0236%8h799.83+0.028%$18.3M$2.5M75xas long as short
Bulk BNB-USD+0.0298%1h800.20+0.075%$650K$21K10xas long as short
Injective BNB/USDC PERP+0.0311%1h805.09+0.686%$19K$789K30xas long as short
Hyperliquid BNB+0.0318%1h799.85+0.030%$51.7M$21.6M10xas long as short
RISEx BNB/USDCshort+0.0318%1h799.75+0.017%$1.1M$1.4M20x
01 Exchange BNBUSD+0.0320%1h799.610.000%$28K$1K10xas long as short
Reya BNBRUSDPERP+0.0332%1h798.81−0.100%$6K$3K40xas long as short
dYdX BNB-USD+0.0353%1h799.29−0.040%$161K$62K10xas long as short
Backpack BNB_USDC_PERP+0.0567%1h800.06+0.057%$2.7M$5.7M40xas long as short