Funding arb · Price arb /

BNB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Aevo against Paradex−0.017%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Paradex Short on Aevo

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex BNB-USD-PERP	789.17	0.0100	pay 0.0100% / 8h	3h 58m	$77K	$17K	50x
Short	Aevo BNB-PERP	789.03	0.0104	get 0.0013% / 1h	58m 39s	$379K	$110K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Paradex. 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 ParadexbpFee AevobpOrdersPrice spread, now −0.017%Rate

Funding earned: $0.76
Price spread: −0.017% → 0.000%: −$1.7
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$20.93
Costs to cover: 0.200%
Break-even: 199.0 days

Slippage unknown: Paradex: no order-book sample; Aevo: live order book, 60 min ago. Net counts fees only.

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 Paradex no order-book sample	—	—	—	—	—
Sell Aevo live order book, 60 min ago	2.84 bp	13.1 bp −$13	19.1 bp −$191	23.6 bp −$2,357	doesn't fit

Paradex: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX BNB/USD [WBTC.b-USDC]	L −0.0190% / S +0.0354%	1h	788.99	−0.022%	$46K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0124%	1h	788.99	−0.023%	$2.5M	$1.2M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	789.15	−0.002%	$4K	$42	25x	as long as short
StandX BNB-USD	0.0000%	1h	789.65	+0.061%	$852K	$3.2M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	789.08	−0.011%	$9.5M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.018%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0036%	8h	789.37	+0.026%	$6.1M	$18.7M	200x	as long as short
BingX BNB-USDC	+0.0046%	8h	788.99	−0.022%	—	$13.4M	—	as long as short
Phemex BNBUSDT	+0.0057%	8h	789.54	+0.047%	$69.0M	$50.3M	50x	as long as short
Binance BNBUSDT	+0.0058%	8h	789.32	+0.020%	$492.8M	$792.8M	75x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BNB_USDT	+0.0058%	8h	789.70	+0.068%	$80.1M	$12.0M	200x	as long as short
Coinbase International BNB-PERP-INTX	+0.0072%	1h	789.35	+0.023%	$580K	$1.9M	50x	as long as short
Lighter BNB	+0.0096%	1h	789.09	−0.009%	$2.7M	$3.8M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	788.99	−0.022%	$265K	$492K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	789.05	−0.015%	$1.5M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	789.33	+0.021%	$51.8M	$17.5M	10x	as long as short
Pacifica BNB	+0.0100%	1h	789.10	−0.008%	$1.2M	$931K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	788.62	−0.069%	$138.7M	$74.1M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	788.50	−0.084%	$53.4M	$111.3M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	789.20	+0.004%	$52K	$133K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	788.75	−0.053%	$35.5M	$56.4M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	788.72	−0.057%	$28.1M	$10.1M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	788.48	−0.087%	$76.3M	$30.3M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	789.29	+0.016%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	789.11	−0.007%	$4.1M	$4.8M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	789.79	+0.079%	$4.1M	$73.3M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	789.32	+0.020%	$159K	$440K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	789.25	+0.011%	$131K	$952K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	789.05	−0.014%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	789.54	+0.048%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	789.10	−0.008%	$388K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	789.25	+0.011%	$8.1M	$9.5M	75x	as long as short
Paradex BNB-USD-PERPlong	+0.0100%	8h	789.17	long leg	$77K	$17K	50x
Extended BNB-USD	+0.0104%	1h	788.53	−0.080%	$1.9M	$6.2M	50x	as long as short
Aevo BNB-PERPshort	+0.0104%	1h	789.03	−0.017%	$379K	$110K	10x
Phoenix BNB	+0.0117%	1h	789.25	+0.011%	$170K	$34K	10x	as long as short
GRVT BNB_USDT_Perp	+0.0157%	8h	789.58	+0.053%	$2.9M	$28.5M	10x	as long as short
dYdX BNB-USD	+0.0164%	1h	789.25	+0.011%	$160K	$64K	10x	as long as short
Kalshi KXBNBPERP	+0.0178%	8h	789.50	+0.042%	$134K	$2.7M	4.8x	as long as short
BloFin BNB-USDT	+0.0178%	8h	789.86	+0.088%	$18.1M	$2.2M	75x	as long as short
Bulk BNB-USD	+0.0216%	1h	788.57	−0.076%	$639K	$9K	10x	as long as short
01 Exchange BNBUSD	+0.0272%	1h	789.27	+0.013%	$28K	$4K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	789.41	+0.031%	$1.5M	$143K	25x	as long as short
Reya BNBRUSDPERP	+0.0325%	1h	788.90	−0.033%	$6K	$3K	40x	as long as short
Hibachi BNB/USDT-P	+0.0360%	1h	789.68	+0.065%	$67K	$38K	12x	as long as short
RISEx BNB/USDC	+0.0431%	1h	789.06	−0.013%	$1.1M	$902K	20x	as long as short