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 −0.002%
Price spread now: Derive against Aevo+0.022%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Derive is 0.022% dearer against Aevo than usual: you sell high and buy low, +$2 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo BNB-PERP790.620.0104pay 0.0013% / 1h52m 59s$380K$110K10x
ShortDerive BNB-PERP790.800.0100get 0.0013% / 1h52m 59s$31K$12K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Derive 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: +0.022% → 0.000%
$2.24
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Derive: 3 bp × 2 orders
−$6
Net
−$20.6
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Aevo: live order book, 6 min ago; Derive: no order-book sample. 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 Aevo live order book, 6 min ago2.84 bp13.5 bp −$1419.4 bp −$19423.9 bp −$2,391doesn't fit
Sell Derive no order-book sample
Derive: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 −0.0182% / S +0.0348%1h790.57−0.006%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h791.07+0.057%$4K$4225xas long as short
StandX BNB-USD0.0000%1h791.78+0.147%$856K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h790.63+0.001%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.830%$19K$789K30xas long as short
Aster BNBUSDT+0.0047%8h790.83+0.027%$6.1M$18.7M200xas long as short
BingX BNB-USDT+0.0057%8h790.51−0.014%$34.3Mas long as short
Phemex BNBUSDT+0.0064%8h791.26+0.081%$69.3M$49.9M50xas long as short
Coinbase International BNB-PERP-INTX+0.0064%1h790.64+0.003%$583K$1.9M50xas long as short
MEXC BNB_USDT+0.0070%8h791.10+0.061%$80.3M$12.2M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0070%8h790.74+0.016%$493.5M$789.7M75xas long as short
Lighter BNB+0.0096%1h790.70+0.011%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h790.69+0.009%$266K$498K50xas long as short
Nado BNB-PERP+0.0100%1h790.30−0.040%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h791.05+0.055%$51.9M$17.5M10xas long as short
Pacifica BNB+0.0100%1h790.71+0.012%$1.2M$931K20xas long as short
Bybit BNBUSDT+0.0100%8h790.10−0.066%$139.0M$74.9M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h790.00−0.078%$53.4M$111.5M50xas long as short
Arcus BNB-USD+0.0100%1h790.70+0.010%$52K$130K10xas long as short
Gate BNB_USDT+0.0100%8h790.45−0.021%$35.5M$56.4M75xas long as short
KuCoin BNBUSDTM+0.0100%8h790.37−0.031%$27.7M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h790.03−0.074%$76.5M$30.3M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h790.93+0.039%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h790.82+0.025%$4.1M$4.6Mas long as short
edgeX BNBUSDC+0.0100%4h791.43+0.102%$4.1M$74.4M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h790.18−0.055%$159K$441K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h790.37−0.031%$133K$950K10xas long as short
Derive BNB-PERPshort+0.0100%1h790.80+0.022%$31K$12K10x
SunX BNB-USDT+0.0100%8h790.91+0.037%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h790.80+0.023%$389K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h790.76+0.018%$8.1M$9.3M75xas long as short
Paradex BNB-USD-PERP+0.0101%8h791.13+0.064%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h789.94−0.086%$1.8M$5.9M50xas long as short
Aevo BNB-PERPlong+0.0104%1h790.62long leg$380K$110K10x
dYdX BNB-USD+0.0111%1h791.17+0.069%$160K$64K10xas long as short
Phoenix BNB+0.0117%1h791.15+0.067%$170K$35K10xas long as short
GRVT BNB_USDT_Perp+0.0136%8h790.47−0.019%$2.9M$28.0M10xas long as short
Kalshi KXBNBPERP+0.0184%8h791.00+0.048%$113K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0190%8h791.19+0.072%$18.2M$2.2M75xas long as short
01 Exchange BNBUSD+0.0232%1h791.04+0.053%$28K$4K10xas long as short
Kraken Futures PF_BNBUSD+0.0263%1h790.53−0.011%$2.5M$1.2M50xas long as short
Bulk BNB-USD+0.0296%1h791.64+0.129%$641K$9K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h791.16+0.068%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0327%1h790.05−0.072%$6K$3K40xas long as short
RISEx BNB/USDC+0.0461%1h790.81+0.024%$1.1M$976K20xas long as short
Hibachi BNB/USDT-P+0.0544%1h791.01+0.050%$68K$38K12xas long as short