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−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Polymarket Perps against Aevo0.000%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$410.409% 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)+0.046%+$5 · spread now 0.000%, 7d avg −0.014%
Together, before fees+0.013%+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo BNB-PERP798.880.0104pay 0.0013% / 1h30m 51s$384K$108K10x
ShortPolymarket Perps BNB-USD798.880.0100get 0.0013% / 1h30m 51s$116K$873K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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: 0.000% → −0.014%
$1.39
Slippage, 4 orders
−$16.9
Fee Aevo: 8 bp × 2 orders
−$16
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$40.35
Costs to cover
0.409%
Break-even
never at this rate
Slippage from Aevo: live order book, 43 min ago; Polymarket Perps: live order book, 42 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, 43 min ago2.82 bp12.6 bp −$1319.5 bp −$19523.7 bp −$2,368doesn't fit
Sell Polymarket Perps live order book, 42 min ago2.38 bp7.4 bp −$77.6 bp −$7613.2 bp −$1,315doesn'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 −0.0159% / S +0.0334%1h798.89+0.001%$47K200xas long as short
Kraken Futures PF_BNBUSD−0.0121%1h798.75−0.016%$2.5M$965K50xas long as short
Hotstuff BNB-PERP−0.0080%1h799.47+0.074%$4K$23925xas long as short
BingX BNB-USDT−0.0028%8h798.80−0.010%$35.0Mas long as short
Bybit BNBUSDT−0.0022%8h798.50−0.048%$138.6M$75.0M75xas long as short
GRVT BNB_USDT_Perp0.0000%8h798.97+0.011%$3.0M$27.4M10xas long as short
StandX BNB-USD0.0000%1h798.57−0.039%$863K$2.9M30xas long as short
Phemex BNBUSDT0.0000%8h799.36+0.060%$69.8M$50.3M50xas long as short
Variational Omni BNB+0.0003%8h798.43−0.057%$4.1M$5.2Mas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h798.95+0.008%$9.7M150xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BNB/USDC PERP+0.0033%1h805.09+0.777%$19K$789K30xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h798.73−0.019%$602K$972K50xas long as short
Aster BNBUSDT+0.0061%8h799.19+0.039%$6.2M$19.2M200xas long as short
Binance BNBUSDT+0.0084%8h799.23+0.044%$496.2M$806.4M75xas long as short
MEXC BNB_USDT+0.0084%8h799.60+0.090%$83.1M$13.6M200xas long as short
Gate BNB_USDT+0.0089%8h798.55−0.041%$35.7M$56.2M75xas long as short
Lighter BNB+0.0096%1h798.98+0.013%$2.8M$4.0M20xas long as short
Phoenix BNB+0.0099%1h799.20+0.040%$172K$36K10xas long as short
Nado BNB-PERP+0.0100%1h798.65−0.029%$1.5M$2.7M20xas long as short
Pacifica BNB+0.0100%1h799.22+0.042%$1.2M$924K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h798.60−0.035%$54.2M$110.2M50xas long as short
Arcus BNB-USD+0.0100%1h799.30+0.052%$53K$133K10xas long as short
KuCoin BNBUSDTM+0.0100%8h798.77−0.014%$27.9M$10.0M75xas long as short
Bitget BNBUSDT+0.0100%8h798.36−0.065%$78.7M$27.3M75xas long as short
edgeX BNBUSDC+0.0100%4h799.05+0.021%$4.2M$76.4M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h799.10+0.027%$161K$436K50xas long as short
Polymarket Perps BNB-USDshort+0.0100%1h798.880.000%$116K$873K10x
Orderly PERP_BNB_USDC+0.0100%8h798.86−0.003%$386K$458K50xas long as short
Derive BNB-PERP+0.0100%1h798.99+0.014%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h799.42+0.067%$13K$1.6M50xas long as short
SoDEX BNB-USD+0.0100%1h799.00+0.015%$393K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h798.67−0.026%$8.2M$8.2M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h799.88+0.125%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h798.33−0.069%$1.8M$6.3M50xas long as short
Aevo BNB-PERPlong+0.0104%1h798.88long leg$384K$108K10x
Bulk BNB-USD+0.0127%1h799.69+0.101%$649K$10K10xas long as short
Kalshi KXBNBPERP+0.0153%8h799.40+0.065%$91K$2.8M4.8xas long as short
RISEx BNB/USDC+0.0155%1h799.28+0.051%$1.1M$1.4M20xas long as short
Hibachi BNB/USDT-P+0.0168%1h798.62−0.033%$69K$37K12xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h799.34+0.058%$1.6M$160K25xas long as short
BloFin BNB-USDT+0.0204%8h799.42+0.067%$18.1M$2.5M75xas long as short
01 Exchange BNBUSD+0.0208%1h799.71+0.104%$28K$1K10xas long as short
dYdX BNB-USD+0.0239%1h798.94+0.007%$161K$63K10xas long as short
Hyperliquid BNB+0.0308%1h799.54+0.083%$53.2M$20.6M10xas long as short
Reya BNBRUSDPERP+0.0330%1h798.56−0.040%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0394%1h799.50+0.078%$2.7M$5.6M40xas long as short