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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0104%/8h= −11.4% APRnext payment $0.13 per $10,000 · paid last 24h −0.031%
Price spread now: StandX against Aevo+0.121%51s7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$830.831% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.218%−$22 on $10k
Price spread, last 4 days (all we have)−0.036%−$4 · spread now +0.121%, 7d avg +0.047%
Together, before fees−0.254%+ Points / potential airdropStandX: Active · farm board−$25 on $10k · with fees, hour by hour
The price spread pays, funding is against you. StandX is 0.074% dearer against Aevo than usual: you sell high and buy low (spread +0.121% now, against its 7-day average of +0.047%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.4 days. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo BNB-PERP786.380.0104pay 0.0013% / 1h46m 34s$378K$110K10x
ShortStandX BNB-USD787.330get 0.0000% / 1h46m 34s$849K$2.9M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
−$21.84
Price spread: +0.121% → +0.047%
$7.39
Slippage, 4 orders
−$59.07
Fee Aevo: 8 bp × 2 orders
−$16
Fee StandX: 4 bp × 2 orders
−$8
Net
−$97.53
Costs to cover
0.831%
Break-even
never at this rate
Slippage from Aevo: live order book, 62 min ago; StandX: live order book, 2 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, 62 min ago8.25 bp29.8 bp −$3034.7 bp −$34756.6 bp −$5,663doesn't fit
Sell StandX live order book, 2 min ago5.78 bp11.2 bp −$1113.5 bp −$13556.2 bp −$5,624doesn'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 −0.0170% / S +0.0337%1h786.28−0.012%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h786.95+0.072%$4K$4225xas long as short
StandX BNB-USDshort0.0000%1h787.33+0.121%$849K$2.9M30x
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h786.29−0.011%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.379%$19K$789K30xas long as short
Aster BNBUSDT+0.0048%8h786.75+0.046%$6.1M$19.0M200xas long as short
BingX BNB-USDC+0.0054%8h786.45+0.009%$13.4Mas long as short
MEXC BNB_USDT+0.0067%8h787.40+0.130%$81.0M$12.0M200xas long as short
Binance BNBUSDT+0.0067%8h786.57+0.024%$490.0M$816.4M75xas long as short
dYdX BNB-USD+0.0068%1h786.47+0.011%$159K$62K10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0075%8h786.93+0.070%$68.9M$51.0M50xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h786.56+0.023%$568K$1.9M50xas long as short
Lighter BNB+0.0096%1h786.35−0.004%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h786.40+0.002%$265K$471K50xas long as short
Nado BNB-PERP+0.0100%1h786.65+0.034%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h786.42+0.005%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h786.10−0.036%$138.4M$75.2M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h786.00−0.049%$53.4M$113.0M50xas long as short
Arcus BNB-USD+0.0100%1h786.40+0.002%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h786.35−0.004%$37.1M$58.8M75xas long as short
KuCoin BNBUSDTM+0.0100%8h785.90−0.061%$27.6M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h786.11−0.035%$76.1M$31.1M75xas long as short
Variational Omni BNB+0.0100%8h786.52+0.018%$4.0M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h787.23+0.108%$4.1M$75.9M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h787.07+0.088%$158K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h785.97−0.052%$131K$949K10xas long as short
Derive BNB-PERP+0.0100%1h786.51+0.016%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h787.14+0.096%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h786.50+0.015%$387K$985K10xas long as short
HTX BNB-USDT+0.0100%8h786.78+0.051%$8.0M$10.1M75xas long as short
Paradex BNB-USD-PERP+0.0101%8h786.84+0.058%$76K$17K50xas long as short
Extended BNB-USD+0.0104%1h786.04−0.044%$1.8M$6.2M50xas long as short
Aevo BNB-PERPlong+0.0104%1h786.38long leg$378K$110K10x
Hyperliquid BNB+0.0119%1h786.69+0.039%$51.5M$17.6M10xas long as short
Phoenix BNB+0.0135%1h787.01+0.080%$169K$35K10xas long as short
Kalshi KXBNBPERP+0.0139%8h786.60+0.028%$170K$2.7M4.8xas long as short
Backpack BNB_USDC_PERP+0.0146%1h786.67+0.037%$2.2M$6.1M40xas long as short
BloFin BNB-USDT+0.0187%8h786.90+0.066%$17.7M$2.2M75xas long as short
Kraken Futures PF_BNBUSD+0.0206%1h786.31−0.010%$2.5M$1.2M50xas long as short
GRVT BNB_USDT_Perp+0.0226%8h787.27+0.113%$2.9M$29.5M10xas long as short
01 Exchange BNBUSD+0.0272%1h786.58+0.025%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h786.78+0.050%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0322%1h785.86−0.067%$6K$3K40xas long as short
Bulk BNB-USD+0.0328%1h787.20+0.104%$638K$4K10xas long as short
RISEx BNB/USDC+0.0438%1h786.44+0.008%$1.1M$909K20xas long as short
Hibachi BNB/USDT-P+0.0552%1h786.67+0.036%$67K$39K12xas long as short