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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0224%/8h= −24.5% APRnext payment $0.28 per $10,000 · paid last 24h −0.065%
Price spread now: Aevo against Reya+0.022%7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
The price spread pays, funding is against you. Aevo is 0.022% dearer against Reya than usual: you sell high and buy low (spread +0.022% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 8 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya BNBRUSDPERP788.150.0328pay 0.0041% / 1h39m 00s$6K$3K40x
ShortAevo BNB-PERP788.320.0104get 0.0013% / 1h39m 00s$379K$110K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Reya. 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
−$46.95
Price spread: +0.022% → 0.000%
$2.24
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$66.7
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Aevo: live order book, 25 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 Reya no order-book sample
Sell Aevo live order book, 25 min ago8.23 bp42.8 bp −$4352.5 bp −$52574.7 bp −$7,467doesn't fit
Reya: 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 −0.0167% / S +0.0335%1h788.15+0.001%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h788.81+0.084%$4K$23925xas long as short
StandX BNB-USD0.0000%1h789.53+0.176%$853K$3.2M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h788.21+0.008%$9.6M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.150%$19K$789K30xas long as short
Aster BNBUSDT+0.0042%8h788.89+0.094%$6.3M$18.7M200xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h789.09+0.120%$618K$1.8M50xas long as short
BingX BNB-USDT+0.0058%8h788.50+0.045%$34.4Mas long as short
MEXC BNB_USDT+0.0074%8h789.40+0.159%$80.3M$12.4M200xas long as short
Binance BNBUSDT+0.0075%8h789.07+0.117%$493.4M$805.8M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0078%8h788.85+0.089%$69.1M$51.0M50xas long as short
Variational Omni BNB+0.0086%8h787.60−0.070%$4.1M$4.6Mas long as short
Kraken Futures PF_BNBUSD+0.0091%1h788.10−0.006%$2.5M$1.2M50xas long as short
Lighter BNB+0.0096%1h788.51+0.046%$2.7M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h788.25+0.013%$265K$497K50xas long as short
Nado BNB-PERP+0.0100%1h788.30+0.020%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h788.92+0.098%$51.7M$18.1M10xas long as short
Pacifica BNB+0.0100%1h788.59+0.057%$1.2M$908K20xas long as short
Bybit BNBUSDT+0.0100%8h788.41+0.034%$138.6M$77.4M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h788.60+0.058%$53.5M$112.2M50xas long as short
Arcus BNB-USD+0.0100%1h788.60+0.058%$52K$130K10xas long as short
Gate BNB_USDT+0.0100%8h788.35+0.026%$35.3M$56.8M75xas long as short
KuCoin BNBUSDTM+0.0100%8h788.13−0.002%$27.7M$10.4M75xas long as short
Bitget BNBUSDT+0.0100%8h788.08−0.008%$76.8M$30.0M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h788.64+0.063%$2.2M$6.1M40xas long as short
edgeX BNBUSDC+0.0100%4h788.57+0.054%$4.1M$76.5M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h788.87+0.092%$159K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h788.26+0.015%$137K$946K10xas long as short
Derive BNB-PERP+0.0100%1h788.45+0.039%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h788.90+0.096%$12K$1.6M50xas long as short
HTX BNB-USDT+0.0100%8h788.42+0.035%$8.1M$9.1M75xas long as short
Paradex BNB-USD-PERP+0.0103%8h789.01+0.110%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h788.03−0.014%$1.8M$5.9M50xas long as short
Aevo BNB-PERPshort+0.0104%1h788.32+0.022%$379K$110K10x
Phoenix BNB+0.0107%1h789.13+0.125%$170K$35K10xas long as short
GRVT BNB_USDT_Perp+0.0132%8h789.50+0.172%$2.9M$28.2M10xas long as short
SoDEX BNB-USD+0.0145%1h788.40+0.032%$388K$1.0M10xas long as short
Kalshi KXBNBPERP+0.0186%8h788.90+0.096%$95K$2.8M4.8xas long as short
BloFin BNB-USDT+0.0195%8h788.79+0.082%$18.1M$2.3M75xas long as short
dYdX BNB-USD+0.0238%1h788.16+0.002%$159K$63K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h788.68+0.068%$1.5M$152K25xas long as short
01 Exchange BNBUSD+0.0304%1h788.85+0.089%$28K$4K10xas long as short
Reya BNBRUSDPERPlong+0.0328%1h788.15long leg$6K$3K40x
RISEx BNB/USDC+0.0361%1h788.65+0.065%$1.1M$1.0M20xas long as short
Bulk BNB-USD+0.0373%1h788.05−0.012%$638K$13K10xas long as short
Hibachi BNB/USDT-P+0.0584%1h789.00+0.108%$67K$38K12xas long as short