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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h +0.004%
Price spread now: SoDEX against Aevo+0.009%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$400.401% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.009%+$1 on $10k
Price spread, last 3 days (all we have)−0.017%−$2 · spread now +0.009%, 7d avg +0.009%
Together, before fees−0.008%−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo BNB-PERP795.830.0104pay 0.0013% / 1h25m 51s$382K$110K10x
ShortSoDEX BNB-USD795.900.0100get 0.0013% / 1h25m 51s$391K$997K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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: +0.009% → +0.009%
−$0.05
Slippage, 4 orders
−$16.1
Fee Aevo: 8 bp × 2 orders
−$16
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$40.99
Costs to cover
0.401%
Break-even
never at this rate
Slippage from Aevo: live order book, 43 min ago; SoDEX: live order book, 58 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, 43 min ago3.13 bp15.7 bp −$1619.7 bp −$19723.2 bp −$2,321doesn't fit
Sell SoDEX live order book, 58 min ago0.63 bp4.9 bp −$58.6 bp −$8681.8 bp −$8,184doesn't fit

BNB on 45 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 −0.0167% / S +0.0335%1h795.70−0.016%$46K200xas long as short
Kraken Futures PF_BNBUSD−0.0131%1h795.82−0.002%$2.5M$1.0M50xas long as short
Hotstuff BNB-PERP−0.0080%1h795.77−0.007%$4K$23925xas long as short
StandX BNB-USD0.0000%1h796.20+0.047%$860K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h795.69−0.018%$9.7M150xas long as short
Variational Omni BNB+0.0031%8h795.62−0.026%$4.1M$4.8Mas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.164%$19K$789K30xas long as short
Aster BNBUSDT+0.0038%8h796.07+0.030%$6.1M$19.7M200xas long as short
Phemex BNBUSDT+0.0040%8h796.38+0.069%$69.7M$50.8M50xas long as short
Gate BNB_USDT+0.0047%8h795.45−0.048%$35.4M$56.3M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BNB-USDC+0.0050%8h795.78−0.006%$13.4Mas long as short
Coinbase International BNB-PERP-INTX+0.0056%1h791.17−0.585%$607K$1.1M50xas long as short
GRVT BNB_USDT_Perp+0.0059%8h795.02−0.102%$3.0M$28.4M10xas long as short
Binance BNBUSDT+0.0064%8h795.94+0.014%$495.2M$810.9M75xas long as short
MEXC BNB_USDT+0.0064%8h796.30+0.059%$82.6M$12.8M200xas long as short
dYdX BNB-USD+0.0067%1h795.36−0.058%$161K$63K10xas long as short
Phoenix BNB+0.0088%1h795.15−0.085%$171K$36K10xas long as short
Lighter BNB+0.0096%1h795.98+0.018%$2.8M$4.0M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h795.73−0.012%$385K$409K50xas long as short
Nado BNB-PERP+0.0100%1h795.05−0.098%$1.4M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h795.90+0.009%$52.1M$19.8M10xas long as short
Pacifica BNB+0.0100%1h795.63−0.026%$1.2M$925K20xas long as short
Bybit BNBUSDT+0.0100%8h795.35−0.060%$139.1M$75.8M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h795.20−0.079%$53.3M$110.6M50xas long as short
Arcus BNB-USD+0.0100%1h795.70−0.016%$52K$134K10xas long as short
KuCoin BNBUSDTM+0.0100%8h795.46−0.046%$27.7M$10.1M75xas long as short
Bitget BNBUSDT+0.0100%8h795.57−0.033%$77.5M$28.2M75xas long as short
edgeX BNBUSDC+0.0100%4h795.11−0.091%$4.1M$76.6M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h794.74−0.137%$160K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h795.60−0.029%$111K$886K10xas long as short
Derive BNB-PERP+0.0100%1h795.95+0.015%$32K$9K10xas long as short
SunX BNB-USDT+0.0100%8h795.89+0.007%$12K$1.6M50xas long as short
SoDEX BNB-USDshort+0.0100%1h795.90+0.009%$391K$997K10x
HTX BNB-USDT+0.0100%8h794.94−0.111%$8.2M$8.8M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h795.87+0.005%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h795.33−0.063%$1.7M$5.8M50xas long as short
Aevo BNB-PERPlong+0.0104%1h795.83long leg$382K$110K10x
RISEx BNB/USDC+0.0131%1h795.91+0.010%$1.1M$1.1M20xas long as short
Kalshi KXBNBPERP+0.0158%8h795.60−0.029%$112K$2.7M4.8xas long as short
Bulk BNB-USD+0.0195%1h795.93+0.012%$644K$16K10xas long as short
01 Exchange BNBUSD+0.0256%1h796.17+0.043%$28K$2K10xas long as short
Reya BNBRUSDPERP+0.0329%1h795.41−0.053%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0390%1h796.34+0.064%$2.7M$5.7M40xas long as short
Deribit BNB_USDC-PERPETUAL+0.0400%1h796.31+0.061%$1.6M$160K25xas long as short
Hibachi BNB/USDT-P+0.0536%1h795.00−0.104%$68K$38K12xas long as short