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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%
Price spread now: Aevo against gTrade (Gains Network)+0.017%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$332as in the Price arb table
costs, in and out, $10k−$3333.326% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.087%+$9 on $10k
Price spread, last 3 days (all we have)−0.034%−$3 · spread now +0.017%, 7d avg +0.015%
Together, before fees+0.053%+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.015%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) BNB/USD799.78L +0.0008% / S −0.0007%pay 0.0001% / 1h9m 27s$9.7M150x
ShortAevo BNB-PERP799.920.0104get 0.0013% / 1h9m 27s$384K$40K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against gTrade (Gains Network). 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
$20.2
Price spread: +0.017% → +0.015%
$0.24
Slippage, 4 orders
−$306.64
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$312.2
Costs to cover
3.326%
Break-even
115.2 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 5 min ago; Aevo: live order book, 10 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 gTrade (Gains Network) virtual book (oracle venue), 5 min ago130.01 bp135.0 bp −$135135.0 bp −$1,350416.8 bp −$41.7K2253.7 bp −$1.13M
Sell Aevo live order book, 10 min ago11.55 bp24.9 bp −$2526.8 bp −$26846.4 bp −$4,638doesn'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%1h799.81+0.003%$47K200xas long as short
Hotstuff BNB-PERP−0.0080%1h800.02+0.030%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h800.06+0.035%$3.0M$29.4M10xas long as short
Kalshi KXBNBPERP0.0000%8h800.00+0.028%$129K$2.9M4.8xas long as short
StandX BNB-USD0.0000%1h800.27+0.061%$865K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDlongL +0.0008% / S −0.0007%1h799.78long leg$9.7M150x
Variational Omni BNB+0.0030%8h799.14−0.080%$4.2M$5.4Mas long as short
BingX BNB-USDC+0.0055%8h799.74−0.005%$13.3Mas long as short
Bybit BNBUSDT+0.0065%8h799.50−0.035%$139.1M$78.6M75xas long as short
Aster BNBUSDT+0.0095%8h800.34+0.071%$6.3M$19.0M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BNB+0.0096%1h799.69−0.011%$2.8M$4.2M20xas long as short
Coinbase International BNB-PERP-INTX+0.0096%1h801.17+0.174%$610K$994K50xas long as short
Nado BNB-PERP+0.0100%1h799.07−0.088%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h799.69−0.011%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h799.60−0.023%$54.6M$114.0M50xas long as short
Arcus BNB-USD+0.0100%1h800.00+0.028%$53K$151K10xas long as short
Gate BNB_USDT+0.0100%8h799.45−0.041%$35.7M$58.8M75xas long as short
KuCoin BNBUSDTM+0.0100%8h799.72−0.008%$28.0M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h799.62−0.020%$80.8M$26.6M75xas long as short
edgeX BNBUSDC+0.0100%4h800.16+0.048%$4.2M$77.2M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h800.33+0.069%$161K$442K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h799.82+0.005%$121K$872K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h799.76−0.003%$386K$489K50xas long as short
Derive BNB-PERP+0.0100%1h799.95+0.022%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h799.97+0.024%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h800.00+0.028%$393K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h799.32−0.057%$8.2M$7.9M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h800.26+0.060%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h799.11−0.083%$1.9M$6.3M50xas long as short
Aevo BNB-PERPshort+0.0104%1h799.92+0.017%$384K$40K10x
MEXC BNB_USDT+0.0115%8h800.80+0.128%$83.2M$13.8M200xas long as short
Phemex BNBUSDT+0.0116%8h799.89+0.014%$69.9M$51.8M50xas long as short
Binance BNBUSDT+0.0116%8h800.51+0.091%$502.8M$817.9M75xas long as short
Phoenix BNB+0.0155%1h800.04+0.033%$172K$35K10xas long as short
Kraken Futures PF_BNBUSD+0.0207%1h799.29−0.062%$2.6M$969K50xas long as short
Hibachi BNB/USDT-P+0.0208%1h799.43−0.043%$71K$49K12xas long as short
BloFin BNB-USDT+0.0236%8h800.21+0.054%$18.3M$2.5M75xas long as short
Bulk BNB-USD+0.0298%1h800.20+0.053%$650K$21K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h800.32+0.067%$1.6M$165K25xas long as short
Injective BNB/USDC PERP+0.0311%1h805.09+0.664%$19K$789K30xas long as short
01 Exchange BNBUSD+0.0312%1h800.41+0.079%$28K$1K10xas long as short
RISEx BNB/USDC+0.0318%1h799.78+0.001%$1.1M$1.4M20xas long as short
Hyperliquid BNB+0.0321%1h800.66+0.110%$51.8M$21.6M10xas long as short
Reya BNBRUSDPERP+0.0332%1h799.54−0.031%$6K$3K40xas long as short
dYdX BNB-USD+0.0344%1h799.29−0.061%$161K$62K10xas long as short
Backpack BNB_USDC_PERP+0.0574%1h800.20+0.053%$2.7M$5.7M40xas long as short