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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.001%
Price spread now: ApeX Omni against Aevo+0.171%70s7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$480.479% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 4 days (all we have)+0.006%+$1 · spread now +0.171%, 7d avg +0.053%
Together, before fees−0.003%$0 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: ApeX Omni is 0.118% dearer against Aevo than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.053%. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo BNB-PERP789.320.0104pay 0.0013% / 1h49m 56s$379K$110K10x
ShortApeX Omni BNBUSDT790.670.0100get 0.0013% / 1h49m 56s$159K$441K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aevo. 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
−$0.84
Price spread: +0.171% → +0.053%
$11.8
Slippage, 4 orders
−$21.88
Fee Aevo: 8 bp × 2 orders
−$16
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$36.92
Costs to cover
0.479%
Break-even
never at this rate
Slippage from Aevo: live order book, 9 min ago; ApeX Omni: live order book, 8 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 Aevo live order book, 9 min ago2.84 bp13.5 bp −$1419.4 bp −$19423.9 bp −$2,391doesn't fit
Sell ApeX Omni live order book, 8 min ago5.18 bp11.1 bp −$1134.0 bp −$340doesn'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 −0.0183% / S +0.0348%1h789.31−0.002%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h790.46+0.145%$4K$4225xas long as short
StandX BNB-USD0.0000%1h790.22+0.114%$854K$3.2M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h789.29−0.003%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.998%$19K$789K30xas long as short
Aster BNBUSDT+0.0043%8h789.55+0.029%$6.1M$18.7M200xas long as short
BingX BNB-USDC+0.0056%8h789.02−0.038%$13.4Mas long as short
Coinbase International BNB-PERP-INTX+0.0064%1h790.64+0.167%$583K$1.9M50xas long as short
MEXC BNB_USDT+0.0068%8h789.70+0.048%$80.1M$12.2M200xas long as short
Binance BNBUSDT+0.0068%8h789.52+0.025%$492.6M$789.9M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0071%8h789.95+0.080%$69.1M$50.0M50xas long as short
Lighter BNB+0.0096%1h789.41+0.012%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h789.27−0.006%$265K$498K50xas long as short
Nado BNB-PERP+0.0100%1h789.75+0.055%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h789.67+0.045%$51.8M$17.5M10xas long as short
Pacifica BNB+0.0100%1h789.76+0.056%$1.2M$931K20xas long as short
Bybit BNBUSDT+0.0100%8h788.80−0.066%$138.8M$74.9M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h788.80−0.066%$53.3M$111.3M50xas long as short
Arcus BNB-USD+0.0100%1h789.60+0.036%$52K$130K10xas long as short
Gate BNB_USDT+0.0100%8h789.00−0.040%$35.4M$56.5M75xas long as short
KuCoin BNBUSDTM+0.0100%8h789.06−0.033%$27.6M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h788.70−0.078%$76.4M$30.4M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h789.49+0.022%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h789.11−0.026%$4.1M$4.6Mas long as short
edgeX BNBUSDC+0.0100%4h790.98+0.211%$4.1M$74.4M30xas long as short
ApeX Omni BNBUSDTshort+0.0100%1h790.67+0.171%$159K$441K50x
Polymarket Perps BNB-USD+0.0100%1h789.42+0.013%$133K$952K10xas long as short
Derive BNB-PERP+0.0100%1h789.37+0.007%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h789.90+0.074%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h789.40+0.010%$388K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h789.95+0.080%$8.1M$9.3M75xas long as short
Paradex BNB-USD-PERP+0.0101%8h790.05+0.093%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h788.49−0.104%$1.8M$5.9M50xas long as short
Aevo BNB-PERPlong+0.0104%1h789.32long leg$379K$110K10x
dYdX BNB-USD+0.0108%1h789.76+0.056%$160K$64K10xas long as short
Phoenix BNB+0.0117%1h790.37+0.133%$170K$35K10xas long as short
GRVT BNB_USDT_Perp+0.0138%8h791.19+0.237%$3.0M$28.0M10xas long as short
Kalshi KXBNBPERP+0.0183%8h790.30+0.124%$113K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0188%8h789.97+0.082%$18.2M$2.2M75xas long as short
01 Exchange BNBUSD+0.0224%1h789.82+0.063%$28K$4K10xas long as short
Kraken Futures PF_BNBUSD+0.0263%1h789.06−0.032%$2.5M$1.2M50xas long as short
Bulk BNB-USD+0.0296%1h791.64+0.294%$641K$9K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h789.74+0.053%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0326%1h788.95−0.046%$6K$3K40xas long as short
RISEx BNB/USDC+0.0461%1h789.70+0.048%$1.1M$975K20xas long as short
Hibachi BNB/USDT-P+0.0544%1h789.84+0.066%$67K$38K12xas long as short