BNB

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 +0.056%

Price spread now: Hyperliquid against Aevo+0.034%54s7-day average +0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$390.389% of the position

Long on Aevo Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days+0.009%+$1 on $10k

Price spread, last 4 days (all we have)+0.376%+$38 · spread now +0.034%, 7d avg +0.034%

Together, before fees+0.385%+ Points / potential airdropHyperliquid: Season 2 · farm board+$38 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo BNB-PERP	791.04	0.0104	pay 0.0013% / 1h	55m 26s	$380K	$110K	10x
Short	Hyperliquid BNB	791.31	0.0100	get 0.0013% / 1h	55m 26s	$51.9M	$17.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Position, each leg$Hold fordaysFee AevobpFee HyperliquidbpOrdersPrice spread, now +0.034%Rate

Funding earned: −$0.84
Price spread: +0.034% → +0.034%: −$0.05
Slippage, 4 orders: −$13.88
Fee Aevo: 8 bp × 2 orders: −$16
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$39.77
Costs to cover: 0.389%
Break-even: never at this rate

Slippage from Aevo: live order book, 4 min ago; Hyperliquid: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aevo live order book, 4 min ago	2.84 bp	13.5 bp −$14	19.4 bp −$194	23.9 bp −$2,391	doesn't fit
Sell Hyperliquid live order book, 8 min ago	0.88 bp	6.8 bp −$7	doesn't fit	doesn't fit	doesn't fit

BNB on 46 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX BNB/USD [WBTC.b-USDC]	L −0.0182% / S +0.0348%	1h	791.00	−0.005%	$46K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	791.49	+0.056%	$4K	$42	25x	as long as short
StandX BNB-USD	0.0000%	1h	792.07	+0.130%	$856K	$3.1M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	791.13	+0.011%	$9.7M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.776%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0047%	8h	791.57	+0.066%	$6.1M	$18.7M	200x	as long as short
BingX BNB-USDC	+0.0056%	8h	790.76	−0.036%	—	$13.4M	—	as long as short
Phemex BNBUSDT	+0.0058%	8h	791.78	+0.093%	$69.3M	$50.0M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0064%	1h	790.64	−0.051%	$583K	$1.9M	50x	as long as short
MEXC BNB_USDT	+0.0069%	8h	791.80	+0.095%	$80.4M	$12.1M	200x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BNBUSDT	+0.0070%	8h	791.62	+0.072%	$494.0M	$790.1M	75x	as long as short
Lighter BNB	+0.0096%	1h	791.11	+0.009%	$2.8M	$3.8M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	791.21	+0.021%	$266K	$498K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	790.45	−0.075%	$1.5M	$2.6M	20x	as long as short
Hyperliquid BNBshort	+0.0100%	1h	791.31	+0.034%	$51.9M	$17.6M	10x
Pacifica BNB	+0.0100%	1h	791.13	+0.010%	$1.2M	$931K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	790.90	−0.018%	$139.1M	$75.2M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	790.60	−0.056%	$53.4M	$111.7M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	791.20	+0.020%	$52K	$130K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	790.90	−0.018%	$35.5M	$56.4M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	790.64	−0.051%	$27.7M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	790.51	−0.068%	$76.6M	$30.3M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	791.65	+0.077%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	790.82	−0.028%	$4.1M	$4.6M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	790.34	−0.089%	$4.1M	$74.3M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	790.18	−0.109%	$159K	$441K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	790.84	−0.026%	$134K	$950K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	791.33	+0.036%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	791.55	+0.064%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	791.30	+0.032%	$389K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	790.90	−0.018%	$8.1M	$9.3M	75x	as long as short
Paradex BNB-USD-PERP	+0.0101%	8h	791.59	+0.069%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	790.48	−0.072%	$1.8M	$5.9M	50x	as long as short
Aevo BNB-PERPlong	+0.0104%	1h	791.04	long leg	$380K	$110K	10x
Phoenix BNB	+0.0107%	1h	791.15	+0.013%	$170K	$35K	10x	as long as short
dYdX BNB-USD	+0.0122%	1h	791.17	+0.015%	$160K	$64K	10x	as long as short
GRVT BNB_USDT_Perp	+0.0136%	8h	790.47	−0.073%	$2.9M	$28.0M	10x	as long as short
Kalshi KXBNBPERP	+0.0182%	8h	792.30	+0.159%	$113K	$2.7M	4.8x	as long as short
BloFin BNB-USDT	+0.0191%	8h	791.01	−0.004%	$18.2M	$2.2M	75x	as long as short
01 Exchange BNBUSD	+0.0232%	1h	791.59	+0.069%	$28K	$4K	10x	as long as short
Kraken Futures PF_BNBUSD	+0.0263%	1h	791.09	+0.005%	$2.5M	$1.2M	50x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	791.69	+0.082%	$1.5M	$143K	25x	as long as short
Reya BNBRUSDPERP	+0.0327%	1h	790.40	−0.081%	$6K	$3K	40x	as long as short
Bulk BNB-USD	+0.0338%	1h	790.78	−0.033%	$640K	$9K	10x	as long as short
RISEx BNB/USDC	+0.0461%	1h	791.36	+0.040%	$1.1M	$978K	20x	as long as short
Hibachi BNB/USDT-P	+0.0552%	1h	791.14	+0.012%	$68K	$38K	12x	as long as short