BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.05 per $10,000 · paid last 24h −0.083%

Price spread now: Aevo against dYdX−0.042%7-day average +0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$107as in the Funding arb table

Net, price: spread back to 7d avg − costs−$71as in the Price arb table

costs, in and out, $10k−$660.661% of the position

Long on dYdX Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days−0.410%−$41 on $10k

Price spread, last 4 days (all we have)+0.049%+$5 · spread now −0.042%, 7d avg +0.006%

Together, before fees−0.361%−$36 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aevo is 0.049% cheaper against dYdX than usual: you would sell low and buy high (spread −0.042% now, against its 7-day average of +0.006%). If the spread goes back, that is −$5 on $10k: about 4.0 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.410%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX BNB-USD	786.64	0.0064	pay 0.0008% / 1h	1m 17s	$159K	$62K	10x
Short	Aevo BNB-PERP	786.31	0.0104	get 0.0013% / 1h	1m 17s	$378K	$110K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against dYdX. 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

Position, each leg$Hold fordaysFee dYdXbpFee AevobpOrdersPrice spread, now −0.042%Rate

Funding earned: $8.5
Price spread: −0.042% → +0.006%: −$4.89
Slippage, 4 orders: −$40.12
Fee dYdX: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$62.51
Costs to cover: 0.661%
Break-even: 58.5 days

Slippage from dYdX: live order book, 43 min ago; Aevo: live order book, 43 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy dYdX live order book, 43 min ago	11.56 bp	21.1 bp −$21	41.5 bp −$415	70.2 bp −$7,015	274.3 bp −$137.2K
Sell Aevo live order book, 43 min ago	3.18 bp	12.4 bp −$12	18.0 bp −$180	22.1 bp −$2,214	doesn't fit

BNB on 46 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX BNB/USD [WBTC.b-USDC]	L −0.0170% / S +0.0337%	1h	786.23	−0.053%	$43K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	786.78	+0.017%	$4K	$42	25x	as long as short
StandX BNB-USD	0.0000%	1h	787.83	+0.151%	$850K	$2.7M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	786.29	−0.045%	$9.5M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.345%	$19K	$789K	30x	as long as short
BingX BNB-USDC	+0.0048%	8h	786.54	−0.013%	—	$13.4M	—	as long as short
Aster BNBUSDT	+0.0048%	8h	786.82	+0.022%	$6.1M	$18.8M	200x	as long as short
Binance BNBUSDT	+0.0057%	8h	786.82	+0.022%	$489.0M	$821.0M	75x	as long as short
MEXC BNB_USDT	+0.0058%	8h	787.50	+0.109%	$81.0M	$12.1M	200x	as long as short
dYdX BNB-USDlong	+0.0064%	1h	786.64	long leg	$159K	$62K	10x

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex BNBUSDT	+0.0075%	8h	786.83	+0.024%	$68.7M	$51.1M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0080%	1h	787.43	+0.100%	$564K	$1.9M	50x	as long as short
Lighter BNB	+0.0096%	1h	786.44	−0.026%	$2.7M	$3.9M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	786.15	−0.063%	$1.4M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	786.95	+0.039%	$51.5M	$17.7M	10x	as long as short
Pacifica BNB	+0.0100%	1h	786.64	0.000%	$1.2M	$933K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	786.10	−0.069%	$138.3M	$75.0M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	786.10	−0.069%	$53.5M	$113.1M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	786.60	−0.005%	$52K	$129K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	786.30	−0.044%	$37.9M	$59.6M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	785.96	−0.087%	$27.6M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	785.98	−0.084%	$76.7M	$31.6M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	786.69	+0.006%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	787.51	+0.111%	$4.0M	$4.8M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	787.27	+0.080%	$4.1M	$76.5M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	787.69	+0.133%	$159K	$438K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	786.26	−0.049%	$131K	$953K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	786.32	−0.041%	$264K	$460K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	787.05	+0.052%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	786.89	+0.031%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	786.50	−0.018%	$387K	$977K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	786.77	+0.017%	$8.0M	$10.2M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	786.87	+0.029%	$78K	$18K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	785.93	−0.091%	$1.8M	$5.9M	50x	as long as short
Aevo BNB-PERPshort	+0.0104%	1h	786.31	−0.042%	$378K	$110K	10x
Kalshi KXBNBPERP	+0.0117%	8h	786.90	+0.033%	$171K	$2.7M	4.8x	as long as short
Phoenix BNB	+0.0135%	1h	787.76	+0.142%	$169K	$35K	10x	as long as short
BloFin BNB-USDT	+0.0177%	8h	786.92	+0.035%	$17.7M	$2.2M	75x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	786.73	+0.011%	$1.5M	$145K	25x	as long as short
Kraken Futures PF_BNBUSD	+0.0206%	1h	786.23	−0.053%	$2.5M	$1.2M	50x	as long as short
Bulk BNB-USD	+0.0222%	1h	787.85	+0.153%	$639K	$831	10x	as long as short
GRVT BNB_USDT_Perp	+0.0227%	8h	787.38	+0.094%	$2.9M	$28.6M	10x	as long as short
01 Exchange BNBUSD	+0.0248%	1h	786.86	+0.028%	$28K	$4K	10x	as long as short
Reya BNBRUSDPERP	+0.0321%	1h	786.00	−0.081%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0438%	1h	786.64	0.000%	$1.1M	$915K	20x	as long as short
Hibachi BNB/USDT-P	+0.0464%	1h	786.60	−0.005%	$67K	$39K	12x	as long as short