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% APRnext payment $0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Polymarket Perps against Aevo−0.049%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$750.752% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.033%−$3 on $10k
Price spread, last 3 days (all we have)+0.106%+$11 · spread now −0.049%, 7d avg −0.014%
Together, before fees+0.073%+$7 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: Polymarket Perps is 0.035% cheaper against Aevo than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo BNB-PERP799.340.0104pay 0.0013% / 1h28m 02s$384K$40K10x
ShortPolymarket Perps BNB-USD798.950.0100get 0.0013% / 1h28m 02s$116K$875K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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: −0.049% → −0.014%
−$3.51
Slippage, 4 orders
−$51.22
Fee Aevo: 8 bp × 2 orders
−$16
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$79.57
Costs to cover
0.752%
Break-even
never at this rate
Slippage from Aevo: live order book, 51 min ago; Polymarket Perps: live order book, 50 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, 51 min ago11.55 bp37.7 bp −$3844.4 bp −$44465.8 bp −$6,583doesn't fit
Sell Polymarket Perps live order book, 50 min ago2.06 bp6.1 bp −$67.7 bp −$7713.5 bp −$1,350doesn'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%1h799.13−0.027%$47K200xas long as short
Hotstuff BNB-PERP−0.0080%1h799.68+0.042%$4K$1K25xas long as short
Kraken Futures PF_BNBUSD−0.0074%1h798.97−0.047%$2.5M$972K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h800.28+0.117%$3.0M$28.0M10xas long as short
StandX BNB-USD0.0000%1h800.20+0.107%$865K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h799.16−0.023%$9.7M150xas long as short
Variational Omni BNB+0.0017%8h799.36+0.002%$4.1M$5.4Mas long as short
BingX BNB-USDT+0.0039%8h799.18−0.020%$34.7Mas long as short
Bybit BNBUSDT+0.0046%8h798.70−0.080%$138.6M$77.0M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h799.89+0.068%$606K$992K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0092%8h799.69+0.043%$6.3M$18.9M200xas long as short
Lighter BNB+0.0096%1h799.41+0.008%$2.8M$4.1M20xas long as short
Nado BNB-PERP+0.0100%1h798.78−0.071%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h799.33−0.002%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h798.80−0.068%$54.4M$112.8M50xas long as short
Arcus BNB-USD+0.0100%1h799.50+0.020%$53K$133K10xas long as short
Gate BNB_USDT+0.0100%8h798.90−0.055%$35.8M$58.1M75xas long as short
KuCoin BNBUSDTM+0.0100%8h799.08−0.033%$28.0M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h798.74−0.075%$79.2M$27.4M75xas long as short
edgeX BNBUSDC+0.0100%4h800.41+0.134%$4.2M$76.8M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h800.53+0.149%$161K$441K50xas long as short
Polymarket Perps BNB-USDshort+0.0100%1h798.95−0.049%$116K$875K10x
Orderly PERP_BNB_USDC+0.0100%8h799.07−0.034%$386K$497K50xas long as short
Derive BNB-PERP+0.0100%1h799.33−0.001%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h799.69+0.043%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h799.30−0.005%$393K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h799.39+0.006%$8.2M$8.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h799.67+0.041%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h798.65−0.086%$1.8M$6.5M50xas long as short
Aevo BNB-PERPlong+0.0104%1h799.34long leg$384K$40K10x
Phemex BNBUSDT+0.0111%8h799.69+0.043%$69.9M$50.6M50xas long as short
Binance BNBUSDT+0.0113%8h799.68+0.042%$499.3M$815.7M75xas long as short
MEXC BNB_USDT+0.0114%8h800.10+0.095%$83.0M$13.5M200xas long as short
Kalshi KXBNBPERP+0.0121%8h799.80+0.057%$110K$2.9M4.8xas long as short
Phoenix BNB+0.0127%1h800.12+0.097%$172K$36K10xas long as short
Hibachi BNB/USDT-P+0.0176%1h799.53+0.024%$70K$43K12xas long as short
Hyperliquid BNB+0.0180%1h799.81+0.058%$51.8M$21.1M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h799.53+0.024%$1.6M$165K25xas long as short
BloFin BNB-USDT+0.0234%8h799.80+0.057%$18.2M$2.5M75xas long as short
Bulk BNB-USD+0.0239%1h800.03+0.086%$650K$19K10xas long as short
RISEx BNB/USDC+0.0258%1h799.40+0.008%$1.1M$1.4M20xas long as short
01 Exchange BNBUSD+0.0304%1h799.74+0.050%$28K$1K10xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.719%$19K$789K30xas long as short
Reya BNBRUSDPERP+0.0331%1h798.49−0.107%$6K$3K40xas long as short
dYdX BNB-USD+0.0387%1h799.32−0.003%$161K$62K10xas long as short
Backpack BNB_USDC_PERP+0.0405%1h799.95+0.076%$2.7M$5.7M40xas long as short