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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0027%/8h= −3.0% APRpaid last 24h +0.001%
Price spread now: BingX against Aevo+0.053%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$410.407% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.048%−$5 on $10k
Price spread, last 3 days (all we have)−0.013%−$1 · spread now +0.053%, 7d avg 0.000%
Together, before fees−0.061%−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BingX is 0.053% dearer against Aevo than usual: you sell high and buy low (spread +0.053% now, against its 7-day average of 0.000%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo BNB-PERP798.220.0104pay 0.0013% / 1h55m 03s$383K$129K10x
ShortBingX BNB-USDC798.650.0077get 0.0077% / 8h7h 55m$13.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
−$5.67
Price spread: +0.053% → 0.000%
$5.34
Slippage, 4 orders
−$14.65
Fee Aevo: 8 bp × 2 orders
−$16
Fee BingX: 5 bp × 2 orders
−$10
Net
−$40.98
Costs to cover
0.407%
Break-even
never at this rate
Slippage from Aevo: live order book, 19 min ago; BingX: live order book, 3 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, 19 min ago2.82 bp12.6 bp −$1319.5 bp −$19523.7 bp −$2,368doesn't fit
Sell BingX live order book, 3 min ago0.31 bp7.6 bp −$810.6 bp −$10619.3 bp −$1,93164.7 bp −$32.3K

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%1h797.64−0.073%$47K200xas long as short
Kraken Futures PF_BNBUSD−0.0121%1h797.62−0.076%$2.5M$974K50xas long as short
Gate BNB_USDT−0.0108%8h797.90−0.041%$35.7M$55.6M75xas long as short
Hotstuff BNB-PERP−0.0080%1h798.40+0.022%$4K$23925xas long as short
Bybit BNBUSDT−0.0009%8h798.03−0.024%$138.6M$76.9M75xas long as short
GRVT BNB_USDT_Perp0.0000%8h799.17+0.119%$3.0M$27.9M10xas long as short
StandX BNB-USD0.0000%1h799.18+0.120%$864K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h797.70−0.065%$9.7M150xas long as short
Variational Omni BNB+0.0010%8h798.14−0.010%$4.1M$5.4Mas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+0.860%$19K$789K30xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0046%8h798.19−0.004%$69.8M$50.8M50xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h798.68+0.057%$602K$985K50xas long as short
Aster BNBUSDT+0.0073%8h798.24+0.001%$6.2M$19.3M200xas long as short
BingX BNB-USDCshort+0.0077%8h798.65+0.053%$13.3M
Binance BNBUSDT+0.0094%8h798.92+0.087%$497.0M$818.3M75xas long as short
MEXC BNB_USDT+0.0094%8h799.10+0.110%$83.1M$13.5M200xas long as short
Lighter BNB+0.0096%1h797.93−0.036%$2.8M$4.0M20xas long as short
Nado BNB-PERP+0.0100%1h797.45−0.097%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h798.230.000%$1.2M$925K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h798.00−0.028%$54.2M$112.3M50xas long as short
Arcus BNB-USD+0.0100%1h798.20−0.003%$52K$133K10xas long as short
KuCoin BNBUSDTM+0.0100%8h797.56−0.083%$27.9M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h797.85−0.047%$78.7M$27.6M75xas long as short
edgeX BNBUSDC+0.0100%4h799.16+0.117%$4.2M$76.1M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h799.32+0.137%$161K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h797.60−0.078%$116K$872K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h797.67−0.069%$385K$481K50xas long as short
Derive BNB-PERP+0.0100%1h797.74−0.061%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h798.18−0.006%$12K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h797.90−0.041%$392K$1.0M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h797.98−0.031%$1.6M$160K25xas long as short
HTX BNB-USDT+0.0100%8h797.84−0.048%$8.2M$8.1M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h798.74+0.064%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h797.70−0.066%$1.8M$6.6M50xas long as short
Aevo BNB-PERPlong+0.0104%1h798.22long leg$383K$129K10x
Phoenix BNB+0.0127%1h799.10+0.110%$172K$36K10xas long as short
Hibachi BNB/USDT-P+0.0144%1h798.30+0.009%$70K$43K12xas long as short
Kalshi KXBNBPERP+0.0153%8h798.60+0.047%$90K$2.9M4.8xas long as short
RISEx BNB/USDC+0.0155%1h797.87−0.044%$1.1M$1.4M20xas long as short
Bulk BNB-USD+0.0158%1h799.24+0.127%$649K$14K10xas long as short
01 Exchange BNBUSD+0.0208%1h797.99−0.029%$28K$1K10xas long as short
BloFin BNB-USDT+0.0214%8h798.20−0.003%$18.1M$2.5M75xas long as short
dYdX BNB-USD+0.0275%1h798.21−0.002%$161K$63K10xas long as short
Backpack BNB_USDC_PERP+0.0302%1h798.87+0.081%$2.7M$5.7M40xas long as short
Reya BNBRUSDPERP+0.0331%1h797.23−0.124%$6K$3K40xas long as short
Hyperliquid BNB+0.0353%1h799.00+0.097%$52.9M$21.1M10xas long as short