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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0184%/8h= +20.1% APRnext payment +$0.23 per $10,000 · paid last 24h +0.055%
Price spread now: Aevo against Hotstuff−0.077%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Funding pays, the price is against you. Aevo is 0.077% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.077% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 33 hours of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff BNB-PERP792.31−0.0080get 0.0010% / 1h30m 19s$4K$4225x
ShortAevo BNB-PERP791.700.0104get 0.0013% / 1h30m 19s$380K$110K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Hotstuff. 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
$38.64
Price spread: −0.077% → 0.000%
−$7.65
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Aevo: 8 bp × 2 orders
−$16
Net
$9.99
Costs to cover
0.210%
Break-even
5.2 days
Slippage unknown: Hotstuff: no order-book sample; Aevo: live order book, 29 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hotstuff no order-book sample
Sell Aevo live order book, 29 min ago2.84 bp13.1 bp −$1319.1 bp −$19123.6 bp −$2,357doesn't fit
Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 −0.0186% / S +0.0351%1h791.40−0.114%$46K200xas long as short
Hotstuff BNB-PERPlong−0.0080%1h792.31long leg$4K$4225x
StandX BNB-USD0.0000%1h791.66−0.082%$854K$3.2M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h791.44−0.109%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.613%$19K$789K30xas long as short
Aster BNBUSDT+0.0043%8h792.18−0.016%$6.1M$18.7M200xas long as short
BingX BNB-USDC+0.0052%8h791.23−0.136%$13.4Mas long as short
Phemex BNBUSDT+0.0060%8h792.07−0.030%$69.3M$49.9M50xas long as short
Coinbase International BNB-PERP-INTX+0.0064%1h789.45−0.361%$582K$1.9M50xas long as short
MEXC BNB_USDT+0.0066%8h792.40+0.011%$80.4M$12.3M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0066%8h792.09−0.028%$494.4M$788.7M75xas long as short
Lighter BNB+0.0096%1h792.03−0.036%$2.8M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h791.70−0.077%$266K$492K50xas long as short
Nado BNB-PERP+0.0100%1h791.40−0.115%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h792.05−0.033%$52.0M$17.6M10xas long as short
Pacifica BNB+0.0100%1h792.16−0.019%$1.2M$931K20xas long as short
Bybit BNBUSDT+0.0100%8h791.40−0.115%$139.2M$74.6M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h791.40−0.115%$53.5M$111.4M50xas long as short
Arcus BNB-USD+0.0100%1h792.00−0.039%$52K$130K10xas long as short
Gate BNB_USDT+0.0100%8h791.40−0.115%$35.4M$56.8M75xas long as short
KuCoin BNBUSDTM+0.0100%8h791.34−0.122%$27.7M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h791.20−0.140%$76.5M$30.1M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h791.93−0.048%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h791.31−0.126%$4.1M$4.6Mas long as short
edgeX BNBUSDC+0.0100%4h789.56−0.348%$4.1M$73.6M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h790.95−0.172%$159K$440K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h791.40−0.115%$134K$950K10xas long as short
Derive BNB-PERP+0.0100%1h791.77−0.068%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h792.19−0.015%$13K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h791.80−0.064%$389K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h791.11−0.152%$8.1M$9.4M75xas long as short
Paradex BNB-USD-PERP+0.0101%8h792.55+0.030%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h791.24−0.135%$1.8M$5.9M50xas long as short
Aevo BNB-PERPshort+0.0104%1h791.70−0.077%$380K$110K10x
Phoenix BNB+0.0117%1h789.61−0.341%$170K$35K10xas long as short
dYdX BNB-USD+0.0134%1h791.21−0.139%$160K$64K10xas long as short
GRVT BNB_USDT_Perp+0.0139%8h789.87−0.308%$2.9M$28.3M10xas long as short
Kalshi KXBNBPERP+0.0179%8h791.90−0.052%$125K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0186%8h792.10−0.027%$18.2M$2.2M75xas long as short
01 Exchange BNBUSD+0.0232%1h792.21−0.013%$28K$4K10xas long as short
Bulk BNB-USD+0.0245%1h789.82−0.314%$640K$9K10xas long as short
Kraken Futures PF_BNBUSD+0.0263%1h791.55−0.096%$2.5M$1.2M50xas long as short
Reya BNBRUSDPERP+0.0326%1h791.20−0.140%$6K$3K40xas long as short
Deribit BNB_USDC-PERPETUAL+0.0400%1h792.10−0.026%$1.5M$143K25xas long as short
Hibachi BNB/USDT-P+0.0432%1h791.58−0.092%$68K$38K12xas long as short
RISEx BNB/USDC+0.0461%1h792.13−0.023%$1.1M$973K20xas long as short