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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Aevo against ApeX Omni−0.029%70s7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$830.831% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 4 days (all we have)−0.009%−$1 · spread now −0.029%, 7d avg −0.054%
Together, before fees−0.001%$0 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: Aevo is 0.025% dearer against ApeX Omni than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.054%. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni BNBUSDT785.350.0100pay 0.0013% / 1h37m 56s$158K$439K50x
ShortAevo BNB-PERP785.120.0104get 0.0013% / 1h37m 56s$377K$110K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against ApeX Omni. 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: −0.029% → −0.054%
$2.45
Slippage, 4 orders
−$57.11
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$79.82
Costs to cover
0.831%
Break-even
672.2 days
Slippage from ApeX Omni: live order book, 10 min ago; Aevo: live order book, 11 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 ApeX Omni live order book, 10 min ago5.15 bp10.9 bp −$1132.9 bp −$329doesn't fitdoesn't fit
Sell Aevo live order book, 11 min ago8.25 bp32.1 bp −$3237.8 bp −$37858.2 bp −$5,821doesn'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 −0.0192% / S +0.0356%1h784.85−0.064%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h784.37−0.125%$4K$4225xas long as short
StandX BNB-USD0.0000%1h784.80−0.070%$846K$3.0M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h784.93−0.054%$9.5M150xas long as short
Aster BNBUSDT+0.0028%8h786.10+0.095%$6.1M$19.0M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.514%$19K$789K30xas long as short
BingX BNB-USDT+0.0041%8h785.70+0.045%$22.1Mas long as short
Phemex BNBUSDT+0.0049%8h785.90+0.070%$68.8M$50.6M50xas long as short
MEXC BNB_USDT+0.0051%8h786.40+0.134%$79.7M$11.8M200xas long as short
Binance BNBUSDT+0.0051%8h786.26+0.116%$489.5M$808.8M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BNBUSD+0.0069%1h785.17−0.023%$2.5M$1.2M50xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h784.52−0.106%$576K$1.9M50xas long as short
dYdX BNB-USD+0.0089%1h784.38−0.123%$159K$61K10xas long as short
Lighter BNB+0.0096%1h785.48+0.017%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h785.01−0.043%$264K$490K50xas long as short
Nado BNB-PERP+0.0100%1h784.95−0.051%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h785.86+0.065%$51.6M$17.5M10xas long as short
Pacifica BNB+0.0100%1h785.02−0.042%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h785.60+0.032%$138.0M$74.5M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h785.70+0.045%$53.3M$112.1M50xas long as short
Arcus BNB-USD+0.0100%1h785.10−0.032%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h785.65+0.038%$36.2M$58.3M75xas long as short
KuCoin BNBUSDTM+0.0100%8h785.29−0.008%$27.5M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h785.22−0.017%$76.0M$30.8M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h785.75+0.051%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h784.43−0.117%$4.1M$4.6Mas long as short
edgeX BNBUSDC+0.0100%4h786.49+0.145%$4.1M$74.5M30xas long as short
ApeX Omni BNBUSDTlong+0.0100%1h785.35long leg$158K$439K50x
Polymarket Perps BNB-USD+0.0100%1h784.98−0.047%$131K$952K10xas long as short
Derive BNB-PERP+0.0100%1h785.13−0.028%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h785.59+0.031%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h785.20−0.019%$386K$995K10xas long as short
HTX BNB-USDT+0.0100%8h784.73−0.079%$8.0M$9.9M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h785.11−0.031%$76K$17K50xas long as short
Extended BNB-USD+0.0104%1h785.19−0.020%$1.8M$6.4M50xas long as short
Aevo BNB-PERPshort+0.0104%1h785.12−0.029%$377K$110K10x
Phoenix BNB+0.0107%1h785.21−0.018%$169K$35K10xas long as short
Kalshi KXBNBPERP+0.0135%8h785.40+0.006%$141K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0171%8h784.84−0.065%$17.7M$2.2M75xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h785.48+0.016%$1.5M$143K25xas long as short
GRVT BNB_USDT_Perp+0.0202%8h785.56+0.027%$2.9M$29.3M10xas long as short
Bulk BNB-USD+0.0256%1h786.23+0.112%$637K$10K10xas long as short
01 Exchange BNBUSD+0.0288%1h785.64+0.037%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0323%1h784.92−0.055%$6K$3K40xas long as short
RISEx BNB/USDC+0.0432%1h785.25−0.013%$1.1M$909K20xas long as short
Hibachi BNB/USDT-P+0.0480%1h784.67−0.087%$67K$39K12xas long as short