Funding you earn now, next payment 00:00 UTC+0.0010%/8h= +1.1% APRpaid last 24h +0.001%
Price spread now: Phemex against Aevo+0.040%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$760.760% of the position
Funding, last 7 days−0.118%−$12 on $10k
+Price spread, last 3 days (all we have)−0.004%$0 · spread now +0.040%, 7d avg +0.059%
=The price spread sits at its 7-day average of +0.059%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.118%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo BNB-PERP | 803.06 | 0.0104 | pay 0.0013% / 1h | 53m 31s | $386K | $40K | 10x |
| Short | Phemex BNBUSDT | 803.38 | 0.0114 | get 0.0114% / 8h | 53m 31s | $70.2M | $51.0M | 50x |
Aevo BNB-PERP
Phemex BNBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Aevo. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $2.15
- Price spread: +0.040% → +0.059%
- −$1.9
- Slippage, 4 orders
- −$48.05
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$75.8
- Costs to cover
- 0.760%
- Break-even
- 254.0 days
Slippage from Aevo: live order book, 25 min ago; Phemex: live order book, 6 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, 25 min ago | 11.55 bp | 37.7 bp −$38 | 44.4 bp −$444 | 65.8 bp −$6,583 | doesn't fit |
| Sell Phemex live order book, 6 min ago | 0.25 bp | 6.6 bp −$7 | 6.6 bp −$66 | 10.8 bp −$1,085 | 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 −0.0201% / S +0.0372% | 1h | 802.65 | −0.051% | $48K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 803.26 | +0.025% | $4K | $1K | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0074% | 1h | 802.80 | −0.033% | $2.6M | $969K | 50x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 802.91 | −0.020% | $3.0M | $28.2M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 803.25 | +0.023% | $868K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 803.05 | −0.002% | $9.8M | — | 150x | as long as short |
| Variational Omni BNB | +0.0031% | 8h | 801.64 | −0.177% | $4.2M | $5.4M | — | as long as short |
| BingX BNB-USDT | +0.0053% | 8h | 803.09 | +0.003% | — | $34.8M | — | as long as short |
| Bybit BNBUSDT | +0.0066% | 8h | 802.81 | −0.031% | $139.5M | $78.6M | 75x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0072% | 1h | 800.72 | −0.292% | $607K | $998K | 50x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
Kraken Futures PF_BNBUSD
GRVT BNB_USDT_Perp
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Variational Omni BNB
BingX BNB-USDT
Bybit BNBUSDT
Coinbase International BNB-PERP-INTXShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter BNB | +0.0096% | 1h | 802.85 | −0.027% | $2.8M | $4.1M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 802.80 | −0.033% | $1.4M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 802.97 | −0.011% | $1.2M | $926K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 802.90 | −0.020% | $54.8M | $113.7M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 803.50 | +0.054% | $53K | $133K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 802.85 | −0.026% | $35.9M | $57.5M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 802.96 | −0.013% | $28.1M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 802.76 | −0.038% | $79.6M | $27.4M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 803.03 | −0.004% | $4.2M | $77.7M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 802.61 | −0.056% | $162K | $442K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 803.09 | +0.003% | $119K | $874K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 802.74 | −0.040% | $388K | $497K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 802.91 | −0.019% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 803.21 | +0.018% | $13K | $1.7M | 50x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 802.90 | −0.020% | $8.2M | $7.9M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 803.41 | +0.043% | $78K | $19K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 802.49 | −0.071% | $1.9M | $6.4M | 50x | as long as short |
| Aevo BNB-PERPlong | +0.0104% | 1h | 803.06 | long leg | $386K | $40K | 10x | |
| Aster BNBUSDT | +0.0104% | 8h | 803.59 | +0.066% | $6.4M | $18.9M | 200x | as long as short |
| Phemex BNBUSDTshort | +0.0114% | 8h | 803.38 | +0.040% | $70.2M | $51.0M | 50x | |
| Kalshi KXBNBPERP | +0.0115% | 8h | 802.20 | −0.107% | $109K | $2.9M | 4.8x | as long as short |
| MEXC BNB_USDT | +0.0123% | 8h | 804.10 | +0.129% | $83.6M | $13.5M | 200x | as long as short |
| Binance BNBUSDT | +0.0125% | 8h | 803.86 | +0.099% | $502.8M | $818.3M | 75x | as long as short |
| Phoenix BNB | +0.0127% | 1h | 803.21 | +0.018% | $173K | $36K | 10x | as long as short |
| SoDEX BNB-USD | +0.0234% | 1h | 802.90 | −0.020% | $395K | $1.0M | 10x | as long as short |
| BloFin BNB-USDT | +0.0243% | 8h | 803.22 | +0.020% | $18.2M | $2.6M | 75x | as long as short |
| Hibachi BNB/USDT-P | +0.0248% | 1h | 802.88 | −0.023% | $71K | $49K | 12x | as long as short |
| RISEx BNB/USDC | +0.0258% | 1h | 803.38 | +0.040% | $1.1M | $1.4M | 20x | as long as short |
| Bulk BNB-USD | +0.0289% | 1h | 801.15 | −0.238% | $651K | $20K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 803.21 | +0.019% | $1.6M | $165K | 25x | as long as short |
| Injective BNB/USDC PERP | +0.0306% | 1h | 805.09 | +0.252% | $19K | $789K | 30x | as long as short |
| Hyperliquid BNB | +0.0310% | 1h | 803.89 | +0.103% | $52.0M | $21.3M | 10x | as long as short |
| Backpack BNB_USDC_PERP | +0.0314% | 1h | 803.58 | +0.064% | $2.7M | $5.7M | 40x | as long as short |
| Reya BNBRUSDPERP | +0.0332% | 1h | 802.72 | −0.043% | $6K | $3K | 40x | as long as short |
| 01 Exchange BNBUSD | +0.0432% | 1h | 803.95 | +0.111% | $28K | $1K | 10x | as long as short |
| dYdX BNB-USD | +0.0498% | 1h | 802.23 | −0.104% | $162K | $62K | 10x | as long as short |
Lighter BNB
Nado BNB-PERP
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aster BNBUSDT
Kalshi KXBNBPERP
MEXC BNB_USDT
Binance BNBUSDT
Phoenix BNB
SoDEX BNB-USD
BloFin BNB-USDT
Hibachi BNB/USDT-P
RISEx BNB/USDC
Bulk BNB-USD
Deribit BNB_USDC-PERPETUAL
Injective BNB/USDC PERP
Hyperliquid BNB
Backpack BNB_USDC_PERP
Reya BNBRUSDPERP
01 Exchange BNBUSD
dYdX BNB-USD