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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Aevo against Polymarket Perps+0.028%52s7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$430.427% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.033%+$3 on $10k
Price spread, last 3 days (all we have)−0.158%−$16 · spread now +0.028%, 7d avg +0.013%
Together, before fees−0.125%−$12 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps BNB-USD802.580.0100pay 0.0013% / 1h45m 35s$118K$868K10x
ShortAevo BNB-PERP802.810.0104get 0.0013% / 1h45m 35s$386K$40K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Polymarket Perps. 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: +0.028% → +0.013%
$1.51
Slippage, 4 orders
−$18.71
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$40.36
Costs to cover
0.427%
Break-even
343.3 days
Slippage from Polymarket Perps: live order book, 42 min ago; Aevo: live order book, 43 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 Polymarket Perps live order book, 42 min ago2.74 bp6.7 bp −$77.3 bp −$73doesn't fitdoesn't fit
Sell Aevo live order book, 43 min ago3.11 bp13.3 bp −$1318.2 bp −$18222.6 bp −$2,265doesn'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 −0.0195% / S +0.0371%1h802.73+0.019%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h803.10+0.065%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h803.06+0.060%$3.0M$30.0M10xas long as short
Kalshi KXBNBPERP0.0000%8h803.30+0.090%$116K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h803.70+0.140%$869K$3.0M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h802.78+0.025%$9.8M150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h802.66+0.010%$2.5M$909K50xas long as short
Variational Omni BNB+0.0059%8h802.25−0.041%$4.1M$5.3Mas long as short
BingX BNB-USDT+0.0068%8h802.55−0.004%$34.6Mas long as short
Aster BNBUSDT+0.0086%8h803.25+0.083%$6.3M$18.8M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0088%1h803.99+0.176%$608K$888K50xas long as short
Bybit BNBUSDT+0.0089%8h802.20−0.047%$138.7M$82.6M75xas long as short
Lighter BNB+0.0096%1h802.78+0.025%$2.8M$4.2M20xas long as short
Nado BNB-PERP+0.0100%1h802.23−0.044%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h802.76+0.022%$1.2M$923K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h802.50−0.010%$54.9M$115.0M50xas long as short
Arcus BNB-USD+0.0100%1h802.80+0.027%$52K$161K10xas long as short
Gate BNB_USDT+0.0100%8h802.25−0.041%$35.9M$58.3M75xas long as short
KuCoin BNBUSDTM+0.0100%8h802.39−0.024%$28.1M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h802.21−0.046%$78.9M$24.5M75xas long as short
edgeX BNBUSDC+0.0100%4h803.30+0.090%$4.2M$76.9M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h802.77+0.024%$158K$437K50xas long as short
Polymarket Perps BNB-USDlong+0.0100%1h802.58long leg$118K$868K10x
Orderly PERP_BNB_USDC+0.0100%8h802.65+0.009%$388K$593K50xas long as short
Derive BNB-PERP+0.0100%1h802.76+0.023%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h803.51+0.116%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h802.70+0.015%$395K$1.0M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h803.06+0.060%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h802.95+0.046%$8.2M$7.4M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h803.27+0.087%$78K$19K50xas long as short
MEXC BNB_USDT+0.0102%8h803.50+0.115%$84.4M$13.5M200xas long as short
Binance BNBUSDT+0.0102%8h803.21+0.079%$518.1M$803.4M75xas long as short
Extended BNB-USD+0.0104%1h802.15−0.053%$1.9M$6.1M50xas long as short
Aevo BNB-PERPshort+0.0104%1h802.81+0.028%$386K$40K10x
Phemex BNBUSDT+0.0120%8h803.19+0.076%$70.1M$51.6M50xas long as short
Phoenix BNB+0.0125%1h802.98+0.050%$173K$35K10xas long as short
Hyperliquid BNB+0.0157%1h803.21+0.078%$51.6M$21.3M10xas long as short
Bulk BNB-USD+0.0161%1h803.45+0.109%$649K$11K10xas long as short
RISEx BNB/USDC+0.0209%1h802.89+0.038%$1.1M$1.4M20xas long as short
BloFin BNB-USDT+0.0222%8h803.39+0.101%$18.8M$3.0M75xas long as short
dYdX BNB-USD+0.0222%1h803.00+0.052%$170K$55K10xas long as short
Hibachi BNB/USDT-P+0.0240%1h802.84+0.033%$71K$48K12xas long as short
01 Exchange BNBUSD+0.0312%1h803.36+0.097%$28K$1K10xas long as short
Reya BNBRUSDPERP+0.0335%1h802.37−0.027%$6K$3K40xas long as short
Injective BNB/USDC PERP+0.0353%1h804.92+0.292%$19K$526K30xas long as short
Backpack BNB_USDC_PERP+0.0697%1h803.57+0.123%$3.0M$5.3M40xas long as short