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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Aevo against Pacifica−0.009%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$390.390% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 3 days (all we have)−0.051%−$5 · spread now −0.009%, 7d avg −0.020%
Together, before fees−0.050%+ Points / potential airdropPacifica: Active · farm board−$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica BNB798.560.0100pay 0.0013% / 1h10m 03s$1.2M$926K20x
ShortAevo BNB-PERP798.490.0104get 0.0013% / 1h10m 03s$384K$40K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Pacifica. 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% → −0.020%
$1.1
Slippage, 4 orders
−$15.01
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$37.07
Costs to cover
0.390%
Break-even
315.9 days
Slippage from Pacifica: live order book, 4 min ago; Aevo: live order book, 4 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 Pacifica live order book, 4 min ago0.06 bp4.5 bp −$5doesn't fitdoesn't fitdoesn't fit
Sell Aevo live order book, 4 min ago2.82 bp14.1 bp −$1419.7 bp −$19724.0 bp −$2,398doesn'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%1h798.27−0.036%$47K200xas long as short
Hotstuff BNB-PERP−0.0080%1h798.31−0.031%$4K$1K25xas long as short
Kraken Futures PF_BNBUSD−0.0074%1h798.18−0.047%$2.5M$974K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h798.80+0.030%$3.0M$27.9M10xas long as short
StandX BNB-USD0.0000%1h798.86+0.038%$863K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h798.36−0.024%$9.7M150xas long as short
Variational Omni BNB+0.0008%8h797.53−0.128%$4.0M$5.4Mas long as short
BingX BNB-USDT+0.0033%8h798.37−0.023%$34.7Mas long as short
Bybit BNBUSDT+0.0039%8h797.90−0.082%$138.5M$76.9M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h798.14−0.052%$601K$984K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0082%8h798.83+0.034%$6.2M$19.1M200xas long as short
Lighter BNB+0.0096%1h798.57+0.001%$2.8M$4.1M20xas long as short
Phemex BNBUSDT+0.0099%8h798.81+0.032%$69.9M$50.6M50xas long as short
Nado BNB-PERP+0.0100%1h798.33−0.028%$1.4M$2.7M20xas long as short
Pacifica BNBlong+0.0100%1h798.56long leg$1.2M$926K20x
OKX BNB-USDT-SWAP+0.0100%8h798.00−0.070%$54.3M$112.7M50xas long as short
Arcus BNB-USD+0.0100%1h798.80+0.030%$53K$133K10xas long as short
Gate BNB_USDT+0.0100%8h798.05−0.064%$35.7M$58.5M75xas long as short
KuCoin BNBUSDTM+0.0100%8h798.27−0.036%$28.0M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h797.99−0.071%$79.0M$27.5M75xas long as short
edgeX BNBUSDC+0.0100%4h798.97+0.052%$4.1M$76.2M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h799.19+0.079%$161K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h798.51−0.006%$116K$874K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h798.28−0.035%$386K$494K50xas long as short
Derive BNB-PERP+0.0100%1h798.48−0.010%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h798.85+0.036%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h798.50−0.007%$393K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h798.42−0.018%$8.2M$8.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h799.20+0.080%$78K$19K50xas long as short
MEXC BNB_USDT+0.0103%8h799.10+0.068%$83.0M$13.6M200xas long as short
Binance BNBUSDT+0.0104%8h798.80+0.030%$497.6M$817.9M75xas long as short
Extended BNB-USD+0.0104%1h797.97−0.073%$1.7M$6.5M50xas long as short
Aevo BNB-PERPshort+0.0104%1h798.49−0.009%$384K$40K10x
Phoenix BNB+0.0127%1h799.20+0.080%$172K$36K10xas long as short
Kalshi KXBNBPERP+0.0143%8h798.90+0.043%$90K$2.9M4.8xas long as short
Hibachi BNB/USDT-P+0.0168%1h798.13−0.054%$70K$43K12xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h798.80+0.031%$1.6M$165K25xas long as short
Bulk BNB-USD+0.0214%1h799.38+0.103%$649K$17K10xas long as short
BloFin BNB-USDT+0.0224%8h798.50−0.007%$18.1M$2.5M75xas long as short
Hyperliquid BNB+0.0230%1h799.17+0.077%$52.4M$21.3M10xas long as short
RISEx BNB/USDC+0.0258%1h798.60+0.005%$1.1M$1.4M20xas long as short
01 Exchange BNBUSD+0.0272%1h799.16+0.075%$28K$1K10xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.818%$19K$789K30xas long as short
Reya BNBRUSDPERP+0.0331%1h797.97−0.074%$6K$3K40xas long as short
dYdX BNB-USD+0.0342%1h798.04−0.065%$161K$63K10xas long as short
Backpack BNB_USDC_PERP+0.0343%1h799.09+0.067%$2.7M$5.7M40xas long as short