BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.07 per $10,000 · paid last 24h +0.006%

Price spread now: Aevo against Coinbase International+0.016%7-day average +0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$96as in the Price arb table

costs, in and out, $10k−$950.954% of the position

Long on Coinbase International Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days+0.122%+$12 on $10k

Price spread, last 4 days (all we have)−0.026%−$3 · spread now +0.016%, 7d avg +0.025%

Together, before fees+0.097%+$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.025%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International BNB-PERP-INTX	792.03	0.0048	pay 0.0006% / 1h	16m 17s	$615K	$1.8M	50x
Short	Aevo BNB-PERP	792.15	0.0104	get 0.0013% / 1h	16m 17s	$381K	$110K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Coinbase International. 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 Coinbase InternationalbpFee AevobpOrdersPrice spread, now +0.016%Rate

Funding earned: $11.76
Price spread: +0.016% → +0.025%: −$0.96
Slippage, 4 orders: −$69.41
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$84.61
Costs to cover: 0.954%
Break-even: 57.4 days

Slippage from Coinbase International: live order book, 2 min ago; Aevo: live order book, 48 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 Coinbase International live order book, 2 min ago	2.46 bp	8.7 bp −$9	14.0 bp −$140	doesn't fit	doesn't fit
Sell Aevo live order book, 48 min ago	8.23 bp	42.8 bp −$43	52.5 bp −$525	74.7 bp −$7,467	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 −0.0167% / S +0.0335%	1h	792.11	+0.010%	$46K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	792.20	+0.021%	$4K	$239	25x	as long as short
StandX BNB-USD	0.0000%	1h	792.60	+0.072%	$857K	$3.1M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	792.10	+0.009%	$9.7M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.649%	$19K	$789K	30x	as long as short
Coinbase International BNB-PERP-INTXlong	+0.0048%	1h	792.03	long leg	$615K	$1.8M	50x
Aster BNBUSDT	+0.0052%	8h	792.59	+0.071%	$6.2M	$18.7M	200x	as long as short
Phemex BNBUSDT	+0.0053%	8h	792.68	+0.082%	$69.4M	$50.6M	50x	as long as short
BingX BNB-USDC	+0.0061%	8h	792.10	+0.009%	—	$13.4M	—	as long as short
MEXC BNB_USDT	+0.0075%	8h	793.00	+0.122%	$80.5M	$12.5M	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	+0.0075%	8h	792.50	+0.059%	$495.1M	$792.9M	75x	as long as short
Kraken Futures PF_BNBUSD	+0.0091%	1h	791.99	−0.004%	$2.6M	$1.2M	50x	as long as short
Lighter BNB	+0.0096%	1h	792.23	+0.026%	$2.8M	$3.9M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	792.23	+0.025%	$266K	$498K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	791.70	−0.042%	$1.5M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	792.60	+0.072%	$52.0M	$17.6M	10x	as long as short
Pacifica BNB	+0.0100%	1h	792.11	+0.010%	$1.2M	$908K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	791.90	−0.016%	$139.4M	$77.1M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	791.70	−0.042%	$53.8M	$111.7M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	792.00	−0.004%	$52K	$130K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	792.15	+0.015%	$35.5M	$57.2M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	791.95	−0.010%	$27.8M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	791.85	−0.023%	$77.1M	$29.9M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	792.17	+0.018%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	791.30	−0.092%	$4.1M	$4.6M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	791.82	−0.027%	$4.1M	$75.5M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	792.28	+0.032%	$159K	$440K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	791.88	−0.019%	$134K	$949K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	792.40	+0.046%	$32K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	792.43	+0.051%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	792.30	+0.034%	$390K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	792.04	+0.001%	$8.1M	$9.2M	75x	as long as short
Paradex BNB-USD-PERP	+0.0102%	8h	792.50	+0.059%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	791.84	−0.024%	$1.8M	$5.9M	50x	as long as short
Aevo BNB-PERPshort	+0.0104%	1h	792.15	+0.016%	$381K	$110K	10x
Phoenix BNB	+0.0107%	1h	792.03	0.000%	$170K	$35K	10x	as long as short
GRVT BNB_USDT_Perp	+0.0145%	8h	792.09	+0.007%	$2.9M	$28.0M	10x	as long as short
Kalshi KXBNBPERP	+0.0187%	8h	792.40	+0.047%	$83K	$2.8M	4.8x	as long as short
BloFin BNB-USDT	+0.0196%	8h	792.46	+0.054%	$18.2M	$2.2M	75x	as long as short
dYdX BNB-USD	+0.0212%	1h	791.84	−0.024%	$160K	$63K	10x	as long as short
01 Exchange BNBUSD	+0.0288%	1h	792.42	+0.049%	$28K	$4K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	792.69	+0.083%	$1.6M	$143K	25x	as long as short
Reya BNBRUSDPERP	+0.0327%	1h	791.69	−0.042%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0361%	1h	792.13	+0.013%	$1.1M	$1.0M	20x	as long as short
Bulk BNB-USD	+0.0403%	1h	790.49	−0.194%	$640K	$6K	10x	as long as short
Hibachi BNB/USDT-P	+0.0592%	1h	792.19	+0.020%	$68K	$38K	12x	as long as short