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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0034%/8h= −3.8% APRpaid last 24h +0.032%
Price spread now: BloFin against Aevo+0.085%53s7-day average +0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$440.438% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.162%+$16 on $10k
Price spread, last 4 days (all we have)−0.050%−$5 · spread now +0.085%, 7d avg +0.077%
Together, before fees+0.113%+$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.077%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.162%, so the current rate has only just turned against you. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo BNB-PERP787.500.0104pay 0.0013% / 1h57m 46s$378K$110K10x
ShortBloFin BNB-USDT788.170.0070get 0.0070% / 8h5h 57m$18.4M$2.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$7.23
Price spread: +0.085% → +0.077%
$0.78
Slippage, 4 orders
−$15.77
Fee Aevo: 8 bp × 2 orders
−$16
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$50.22
Costs to cover
0.438%
Break-even
never at this rate
Slippage from Aevo: live order book, 54 min ago; BloFin: 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 Aevo live order book, 54 min ago5.73 bp14.6 bp −$1517.5 bp −$17525.4 bp −$2,544doesn't fit
Sell BloFin live order book, 4 min ago0.06 bp6.1 bp −$66.8 bp −$6811.9 bp −$1,187doesn't fit

BNB on 45 exchanges

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 −0.0166% / S +0.0336%1h787.500.000%$43K200xas long as short
Kraken Futures PF_BNBUSD−0.0085%1h787.40−0.013%$2.5M$1.2M50xas long as short
Hotstuff BNB-PERP−0.0080%1h788.09+0.075%$4K25xas long as short
Aster BNBUSDT0.0000%8h787.95+0.057%$5.9M$17.2M200xas long as short
GRVT BNB_USDT_Perp0.0000%8h787.90+0.051%$2.9M$26.5M10xas long as short
Kalshi KXBNBPERP0.0000%8h788.00+0.063%$139K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h788.28+0.099%$850K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h787.41−0.012%$9.5M150xas long as short
MEXC BNB_USDT+0.0017%8h789.20+0.216%$83.4M$11.7M200xas long as short
Binance BNBUSDT+0.0017%8h788.00+0.063%$481.7M$768.9M75xas long as short
Show all 45 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BNB/USDC PERP+0.0033%1h805.09+2.233%$19K$789K30xas long as short
Bybit BNBUSDT+0.0055%8h787.11−0.050%$138.5M$67.3M75xas long as short
BloFin BNB-USDTshort+0.0070%8h788.17+0.085%$18.4M$2.2M75x
Phemex BNBUSDT+0.0089%8h788.09+0.075%$68.5M$51.1M50xas long as short
Phoenix BNB+0.0094%1h787.98+0.061%$158K$44K10xas long as short
Lighter BNB+0.0096%1h787.47−0.005%$2.7M$3.3M20xas long as short
Nado BNB-PERP+0.0100%1h787.40−0.013%$1.4M$2.4M20xas long as short
Hyperliquid BNB+0.0100%1h788.00+0.063%$51.9M$16.9M10xas long as short
Pacifica BNB+0.0100%1h787.88+0.048%$1.2M$932K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h787.30−0.026%$53.3M$102.4M50xas long as short
Arcus BNB-USD+0.0100%1h787.80+0.038%$57K$122K10xas long as short
Gate BNB_USDT+0.0100%8h787.35−0.019%$41.1M$53.7M75xas long as short
KuCoin BNBUSDTM+0.0100%8h787.25−0.032%$28.2M$9.6M75xas long as short
Bitget BNBUSDT+0.0100%8h787.20−0.038%$75.6M$31.0M75xas long as short
BingX BNB-USDT+0.0100%8h787.58+0.010%$50.2Mas long as short
Backpack BNB_USDC_PERP+0.0100%1h787.91+0.052%$2.2M$6.0M40xas long as short
Variational Omni BNB+0.0100%8h787.17−0.043%$4.3M$4.5Mas long as short
edgeX BNBUSDC+0.0100%4h787.96+0.059%$4.1M$75.4M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h788.19+0.087%$159K$444K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h787.54+0.005%$130K$905K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.51+0.001%$265K$297K50xas long as short
SunX BNB-USDT+0.0100%8h788.09+0.075%$12K$1.3M50xas long as short
SoDEX BNB-USD+0.0100%1h787.60+0.012%$387K$926K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h787.79+0.037%$1.5M$157K25xas long as short
HTX BNB-USDT+0.0100%8h787.86+0.046%$8.0M$10.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h788.04+0.068%$78K$356K50xas long as short
Extended BNB-USD+0.0104%1h786.99−0.065%$1.8M$5.6M50xas long as short
Aevo BNB-PERPlong+0.0104%1h787.50long leg$378K$110K10x
Coinbase International BNB-PERP-INTX+0.0120%1h788.03+0.067%$545K$1.9M50xas long as short
01 Exchange BNBUSD+0.0240%1h788.01+0.065%$28K$3K10xas long as short
Bulk BNB-USD+0.0277%1h788.58+0.136%$639K$010xas long as short
Reya BNBRUSDPERP+0.0317%1h787.04−0.058%$6K$3K40xas long as short
Hibachi BNB/USDT-P+0.0320%1h787.86+0.045%$67K$37K12xas long as short
dYdX BNB-USD+0.0377%1h788.12+0.078%$158K$34K10xas long as short
RISEx BNB/USDC+0.0393%1h787.84+0.043%$1.1M$901K20xas long as short