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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0125%/8h= +13.7% APRpaid last 24h +0.045%
Price spread now: BloFin against Aevo+0.048%7-day average +0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$760.762% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.142%+$14 on $10k
Price spread, last 3 days (all we have)+0.002%$0 · spread now +0.048%, 7d avg +0.076%
Together, before fees+0.144%+$14 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.027% cheaper against Aevo than usual: you would sell low and buy high (spread +0.048% now, against its 7-day average of +0.076%). If the spread goes back, that is −$3 on $10k: about 18 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo BNB-PERP799.250.0104pay 0.0013% / 1h18m 44s$384K$40K10x
ShortBloFin BNB-USDT799.630.0229get 0.0229% / 8h18m 44s$18.2M$2.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$26.18
Price spread: +0.048% → +0.076%
−$2.74
Slippage, 4 orders
−$48.22
Fee Aevo: 8 bp × 2 orders
−$16
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$52.77
Costs to cover
0.762%
Break-even
21.1 days
Slippage from Aevo: live order book, 60 min ago; BloFin: live order book, 5 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, 60 min ago11.55 bp37.7 bp −$3844.4 bp −$44465.8 bp −$6,583doesn't fit
Sell BloFin live order book, 5 min ago0.69 bp6.7 bp −$76.7 bp −$6713.6 bp −$1,364doesn'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 −0.0201% / S +0.0372%1h799.19−0.007%$47K200xas long as short
Hotstuff BNB-PERP−0.0080%1h799.11−0.017%$4K$1K25xas long as short
Kraken Futures PF_BNBUSD−0.0074%1h799.01−0.030%$2.5M$970K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h798.68−0.070%$3.0M$27.9M10xas long as short
StandX BNB-USD0.0000%1h799.30+0.007%$864K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h799.16−0.010%$9.7M150xas long as short
Variational Omni BNB+0.0012%8h798.04−0.151%$4.1M$5.4Mas long as short
BingX BNB-USDT+0.0035%8h799.14−0.013%$34.8Mas long as short
Bybit BNBUSDT+0.0042%8h798.70−0.068%$138.6M$77.0M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h799.89+0.081%$606K$985K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0088%8h799.44+0.024%$6.2M$19.1M200xas long as short
Lighter BNB+0.0096%1h799.13−0.015%$2.8M$4.1M20xas long as short
Nado BNB-PERP+0.0100%1h798.83−0.052%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h799.04−0.026%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h798.70−0.068%$54.3M$112.9M50xas long as short
Arcus BNB-USD+0.0100%1h799.20−0.006%$53K$133K10xas long as short
Gate BNB_USDT+0.0100%8h798.90−0.043%$35.8M$58.3M75xas long as short
KuCoin BNBUSDTM+0.0100%8h799.06−0.023%$28.0M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h798.70−0.068%$79.1M$27.5M75xas long as short
edgeX BNBUSDC+0.0100%4h798.50−0.093%$4.1M$76.5M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h799.21−0.004%$161K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h798.93−0.039%$116K$875K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h799.17−0.009%$386K$494K50xas long as short
Derive BNB-PERP+0.0100%1h799.33+0.010%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h799.47+0.028%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h799.30+0.007%$393K$1.0M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h799.56+0.040%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h798.98−0.034%$8.2M$8.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h799.25+0.001%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h798.68−0.071%$1.8M$6.5M50xas long as short
Aevo BNB-PERPlong+0.0104%1h799.25long leg$384K$40K10x
Phemex BNBUSDT+0.0108%8h799.63+0.048%$69.9M$50.6M50xas long as short
Binance BNBUSDT+0.0108%8h799.41+0.021%$498.2M$818.5M75xas long as short
MEXC BNB_USDT+0.0109%8h800.00+0.094%$83.1M$13.6M200xas long as short
Phoenix BNB+0.0127%1h798.57−0.084%$172K$36K10xas long as short
Kalshi KXBNBPERP+0.0134%8h799.40+0.019%$89K$2.9M4.8xas long as short
Hibachi BNB/USDT-P+0.0176%1h798.81−0.055%$70K$43K12xas long as short
Bulk BNB-USD+0.0214%1h799.38+0.017%$649K$17K10xas long as short
Hyperliquid BNB+0.0216%1h799.64+0.049%$52.4M$21.2M10xas long as short
BloFin BNB-USDTshort+0.0229%8h799.63+0.048%$18.2M$2.5M75x
RISEx BNB/USDC+0.0258%1h799.08−0.021%$1.1M$1.4M20xas long as short
01 Exchange BNBUSD+0.0288%1h799.67+0.053%$28K$1K10xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.731%$19K$789K30xas long as short
Reya BNBRUSDPERP+0.0331%1h798.69−0.069%$6K$3K40xas long as short
dYdX BNB-USD+0.0358%1h798.70−0.069%$161K$63K10xas long as short
Backpack BNB_USDC_PERP+0.0386%1h799.56+0.039%$2.7M$5.7M40xas long as short