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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: HTX against Aevo+0.070%54s7-day average −0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$460.455% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.011%−$1 on $10k
Price spread, last 3 days (all we have)−0.158%−$16 · spread now +0.070%, 7d avg −0.024%
Together, before fees−0.169%−$17 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: HTX is 0.094% dearer against Aevo than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.024%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo BNB-PERP799.150.0104pay 0.0013% / 1h59m 19s$384K$40K10x
ShortHTX BNB-USDT799.710.0100get 0.0100% / 8h7h 59m$8.2M$8.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: +0.070% → −0.024%
$9.42
Slippage, 4 orders
−$17.55
Fee Aevo: 8 bp × 2 orders
−$16
Fee HTX: 6 bp × 2 orders
−$12
Net
−$36.97
Costs to cover
0.455%
Break-even
never at this rate
Slippage from Aevo: live order book, 15 min ago; HTX: live order book, 5 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, 15 min ago2.82 bp12.6 bp −$1319.5 bp −$19523.7 bp −$2,368doesn't fit
Sell HTX live order book, 5 min ago2.15 bp10.1 bp −$1014.5 bp −$14548.8 bp −$4,879doesn'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%1h799.05−0.012%$47K200xas long as short
Kraken Futures PF_BNBUSD−0.0121%1h799.09−0.007%$2.5M$975K50xas long as short
Hotstuff BNB-PERP−0.0080%1h799.82+0.084%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h799.73+0.073%$3.0M$27.9M10xas long as short
StandX BNB-USD0.0000%1h800.22+0.134%$865K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h799.08−0.008%$9.7M150xas long as short
Variational Omni BNB+0.0009%8h798.84−0.038%$4.1M$5.4Mas long as short
BingX BNB-USDC+0.0030%8h799.34+0.024%$13.4Mas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+0.744%$19K$789K30xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h798.68−0.058%$602K$985K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0077%8h799.65+0.063%$6.2M$19.3M200xas long as short
Phemex BNBUSDT+0.0092%8h800.02+0.109%$70.0M$50.7M50xas long as short
Lighter BNB+0.0096%1h799.25+0.012%$2.8M$4.0M20xas long as short
Binance BNBUSDT+0.0097%8h799.52+0.046%$497.7M$818.8M75xas long as short
MEXC BNB_USDT+0.0097%8h799.80+0.082%$83.1M$13.5M200xas long as short
Nado BNB-PERP+0.0100%1h798.95−0.025%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h799.48+0.041%$1.2M$925K20xas long as short
Bybit BNBUSDT+0.0100%8h798.83−0.040%$138.7M$76.9M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h798.80−0.043%$54.4M$112.8M50xas long as short
Arcus BNB-USD+0.0100%1h799.40+0.032%$53K$133K10xas long as short
Gate BNB_USDT+0.0100%8h798.80−0.043%$35.8M$55.5M75xas long as short
KuCoin BNBUSDTM+0.0100%8h799.19+0.005%$28.0M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h798.84−0.038%$78.9M$27.6M75xas long as short
edgeX BNBUSDC+0.0100%4h799.66+0.065%$4.2M$76.5M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h799.37+0.028%$161K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h799.05−0.012%$116K$872K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h798.99−0.020%$386K$494K50xas long as short
Derive BNB-PERP+0.0100%1h799.16+0.001%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h799.62+0.059%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h799.30+0.019%$393K$1.0M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h799.49+0.043%$1.6M$165K25xas long as short
HTX BNB-USDTshort+0.0100%8h799.71+0.070%$8.2M$8.1M75x
Paradex BNB-USD-PERP+0.0100%8h799.90+0.094%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h798.68−0.058%$1.8M$6.6M50xas long as short
Aevo BNB-PERPlong+0.0104%1h799.15long leg$384K$40K10x
Phoenix BNB+0.0127%1h799.98+0.104%$172K$35K10xas long as short
Hibachi BNB/USDT-P+0.0152%1h799.60+0.057%$70K$43K12xas long as short
Kalshi KXBNBPERP+0.0154%8h799.70+0.069%$91K$2.9M4.8xas long as short
RISEx BNB/USDC+0.0155%1h799.30+0.019%$1.1M$1.4M20xas long as short
Hyperliquid BNB+0.0171%1h799.89+0.093%$52.5M$20.8M10xas long as short
Bulk BNB-USD+0.0191%1h798.83−0.040%$649K$17K10xas long as short
BloFin BNB-USDT+0.0217%8h800.12+0.122%$18.1M$2.5M75xas long as short
01 Exchange BNBUSD+0.0248%1h799.80+0.082%$28K$1K10xas long as short
Backpack BNB_USDC_PERP+0.0308%1h800.23+0.136%$2.7M$5.7M40xas long as short
dYdX BNB-USD+0.0325%1h799.59+0.055%$161K$63K10xas long as short
Reya BNBRUSDPERP+0.0331%1h798.72−0.054%$6K$3K40xas long as short