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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0014%/8h= +1.5% APRpaid last 24h +0.015%
Price spread now: Pacifica against Variational Omni+0.141%7-day average +0.079% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.071%+$7 on $10k
Price spread, last 7 days−0.070%−$7 · spread now +0.141%, 7d avg +0.079%
Together, before fees+0.001%+ Points / potential airdropVariational Omni: Active · Pacifica: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Pacifica is 0.063% dearer against Variational Omni than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.079%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni BNB787.600.0086pay 0.0086% / 8h5h 37m$4.1M$4.6M
ShortPacifica BNB788.710.0100get 0.0013% / 1h37m 59s$1.2M$908K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Variational Omni. 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
$2.9
Price spread: +0.141% → +0.079%
$6.27
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$1.16
Costs to cover
0.080%
Break-even
4.2 days
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Pacifica: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 1 min ago3.34 bpdoesn't fit7.6 bp −$76doesn't fitdoesn't fit
Sell Pacifica live order book, 1 min ago0.89 bp5.1 bp −$5doesn't fitdoesn'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 −0.0167% / S +0.0335%1h788.14+0.069%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h788.89+0.164%$4K$23925xas long as short
StandX BNB-USD0.0000%1h789.21+0.205%$853K$3.2M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h788.17+0.073%$9.6M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.221%$19K$789K30xas long as short
Aster BNBUSDT+0.0042%8h788.58+0.125%$6.3M$18.7M200xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h789.09+0.190%$618K$1.8M50xas long as short
BingX BNB-USDC+0.0057%8h788.27+0.086%$13.3Mas long as short
Phemex BNBUSDT+0.0072%8h788.62+0.130%$69.1M$51.0M50xas long as short
MEXC BNB_USDT+0.0074%8h789.00+0.178%$80.2M$12.4M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0075%8h788.62+0.130%$493.1M$805.3M75xas long as short
Variational Omni BNBlong+0.0086%8h787.60long leg$4.1M$4.6M
Kraken Futures PF_BNBUSD+0.0091%1h787.98+0.049%$2.5M$1.2M50xas long as short
Lighter BNB+0.0096%1h788.31+0.091%$2.7M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h788.20+0.077%$265K$497K50xas long as short
Nado BNB-PERP+0.0100%1h788.05+0.058%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h788.63+0.131%$51.7M$18.1M10xas long as short
Pacifica BNBshort+0.0100%1h788.71+0.141%$1.2M$908K20x
Bybit BNBUSDT+0.0100%8h788.00+0.051%$138.6M$77.4M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h788.10+0.064%$53.4M$112.1M50xas long as short
Arcus BNB-USD+0.0100%1h788.70+0.140%$52K$130K10xas long as short
Gate BNB_USDT+0.0100%8h787.95+0.045%$35.2M$56.9M75xas long as short
KuCoin BNBUSDTM+0.0100%8h787.99+0.050%$27.7M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h787.98+0.049%$76.8M$30.0M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h788.28+0.087%$2.2M$6.1M40xas long as short
edgeX BNBUSDC+0.0100%4h788.57+0.124%$4.1M$76.5M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h788.87+0.162%$159K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h788.02+0.054%$135K$948K10xas long as short
Derive BNB-PERP+0.0100%1h788.42+0.105%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h788.70+0.140%$12K$1.6M50xas long as short
HTX BNB-USDT+0.0100%8h788.18+0.074%$8.1M$9.1M75xas long as short
Paradex BNB-USD-PERP+0.0103%8h789.22+0.207%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h787.89+0.037%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h788.20+0.077%$379K$110K10xas long as short
Phoenix BNB+0.0107%1h789.13+0.195%$170K$35K10xas long as short
GRVT BNB_USDT_Perp+0.0132%8h789.50+0.242%$2.9M$28.2M10xas long as short
SoDEX BNB-USD+0.0144%1h788.30+0.089%$388K$1.0M10xas long as short
Kalshi KXBNBPERP+0.0187%8h789.00+0.178%$96K$2.8M4.8xas long as short
BloFin BNB-USDT+0.0195%8h788.79+0.152%$18.1M$2.3M75xas long as short
dYdX BNB-USD+0.0238%1h788.16+0.071%$159K$63K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h788.65+0.134%$1.5M$147K25xas long as short
01 Exchange BNBUSD+0.0304%1h789.02+0.181%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0328%1h787.90+0.038%$6K$3K40xas long as short
RISEx BNB/USDC+0.0361%1h788.82+0.155%$1.1M$1.0M20xas long as short
Bulk BNB-USD+0.0373%1h788.05+0.058%$638K$13K10xas long as short
Hibachi BNB/USDT-P+0.0584%1h788.74+0.145%$67K$38K12xas long as short