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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.001%
Price spread now: ApeX Omni against Aevo+0.047%70s7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$960.955% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 3 days (all we have)+0.070%+$7 · spread now +0.047%, 7d avg +0.051%
Together, before fees+0.061%+$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo BNB-PERP805.220.0104pay 0.0013% / 1h49m 36s$387K$40K10x
ShortApeX Omni BNBUSDT805.600.0100get 0.0013% / 1h49m 36s$162K$439K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aevo. 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: +0.047% → +0.051%
−$0.44
Slippage, 4 orders
−$69.53
Fee Aevo: 8 bp × 2 orders
−$16
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$96.81
Costs to cover
0.955%
Break-even
never at this rate
Slippage from Aevo: live order book, 34 min ago; ApeX Omni: live order book, 33 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 Aevo live order book, 34 min ago12.10 bp43.9 bp −$4452.6 bp −$52679.9 bp −$7,995doesn't fit
Sell ApeX Omni live order book, 33 min ago3.47 bp8.5 bp −$828.9 bp −$289doesn't fitdoesn'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%1h804.95−0.034%$49K200xas long as short
Hotstuff BNB-PERP−0.0080%1h805.58+0.044%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h806.78+0.193%$3.0M$29.4M10xas long as short
Kalshi KXBNBPERP0.0000%8h805.80+0.071%$108K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h804.94−0.035%$870K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h804.97−0.032%$9.8M150xas long as short
Variational Omni BNB+0.0047%8h804.38−0.105%$4.1M$5.3Mas long as short
Hibachi BNB/USDT-P+0.0048%1h805.11−0.015%$71K$48K12xas long as short
BingX BNB-USDC+0.0057%8h805.28+0.007%$13.3Mas long as short
Bybit BNBUSDT+0.0084%8h804.78−0.055%$139.5M$82.0M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BNB+0.0096%1h805.44+0.027%$2.8M$4.2M20xas long as short
Coinbase International BNB-PERP-INTX+0.0096%1h805.76+0.066%$608K$882K50xas long as short
Nado BNB-PERP+0.0100%1h805.05−0.022%$1.5M$2.8M20xas long as short
Pacifica BNB+0.0100%1h805.33+0.013%$1.2M$924K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h804.90−0.040%$55.1M$116.1M50xas long as short
Arcus BNB-USD+0.0100%1h805.50+0.034%$53K$170K10xas long as short
Gate BNB_USDT+0.0100%8h805.00−0.028%$36.2M$57.2M75xas long as short
KuCoin BNBUSDTM+0.0100%8h805.05−0.022%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h804.77−0.057%$78.7M$25.0M75xas long as short
edgeX BNBUSDC+0.0100%4h805.44+0.027%$4.2M$76.5M30xas long as short
ApeX Omni BNBUSDTshort+0.0100%1h805.60+0.047%$162K$439K50x
Polymarket Perps BNB-USD+0.0100%1h805.08−0.018%$116K$870K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h805.05−0.022%$389K$592K50xas long as short
Derive BNB-PERP+0.0100%1h805.30+0.010%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h805.230.000%$13K$1.7M50xas long as short
HTX BNB-USDT+0.0100%8h805.15−0.010%$8.2M$7.6M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h805.97+0.092%$79K$19K50xas long as short
Aster BNBUSDT+0.0103%8h805.76+0.066%$6.4M$18.8M200xas long as short
Extended BNB-USD+0.0104%1h804.68−0.068%$1.9M$6.0M50xas long as short
Aevo BNB-PERPlong+0.0104%1h805.22long leg$387K$40K10x
MEXC BNB_USDT+0.0117%8h806.00+0.096%$84.6M$13.3M200xas long as short
Binance BNBUSDT+0.0118%8h805.78+0.069%$520.6M$805.4M75xas long as short
Phemex BNBUSDT+0.0134%8h805.64+0.052%$70.3M$51.9M50xas long as short
Hyperliquid BNB+0.0151%1h805.86+0.079%$51.8M$22.0M10xas long as short
SoDEX BNB-USD+0.0154%1h805.20−0.003%$396K$1.0M10xas long as short
Phoenix BNB+0.0155%1h805.39+0.020%$173K$35K10xas long as short
dYdX BNB-USD+0.0185%1h805.13−0.012%$162K$63K10xas long as short
Kraken Futures PF_BNBUSD+0.0205%1h805.03−0.025%$2.5M$932K50xas long as short
BloFin BNB-USDT+0.0238%8h805.41+0.023%$18.8M$3.1M75xas long as short
Bulk BNB-USD+0.0274%1h805.55+0.040%$651K$14K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h805.54+0.040%$1.6M$165K25xas long as short
Injective BNB/USDC PERP+0.0311%1h805.09−0.017%$19K$789K30xas long as short
RISEx BNB/USDC+0.0318%1h805.37+0.018%$1.1M$1.4M20xas long as short
Reya BNBRUSDPERP+0.0333%1h804.78−0.056%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0344%1h805.89+0.083%$29K$1K10xas long as short
Backpack BNB_USDC_PERP+0.0716%1h806.19+0.120%$3.0M$5.5M40xas long as short