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+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%
Price spread now: Aevo against gTrade (Gains Network)0.000%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$334as in the Price arb table
costs, in and out, $10k−$3333.326% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.088%+$9 on $10k
Price spread, last 3 days (all we have)−0.009%−$1 · spread now 0.000%, 7d avg +0.015%
Together, before fees+0.079%+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.015%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) BNB/USD803.06L +0.0008% / S −0.0007%pay 0.0001% / 1h45m 22s$9.8M150x
ShortAevo BNB-PERP803.060.0104get 0.0013% / 1h45m 22s$386K$40K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against gTrade (Gains Network). 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
$20.21
Price spread: 0.000% → +0.015%
−$1.54
Slippage, 4 orders
−$306.63
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$313.97
Costs to cover
3.326%
Break-even
115.8 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 4 min ago; Aevo: live order book, 34 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 gTrade (Gains Network) virtual book (oracle venue), 4 min ago130.00 bp135.0 bp −$135135.0 bp −$1,350416.8 bp −$41.7K2253.7 bp −$1.13M
Sell Aevo live order book, 34 min ago11.55 bp24.9 bp −$2526.8 bp −$26846.4 bp −$4,638doesn'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%1h802.97−0.011%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h803.50+0.055%$4K$1K25xas long as short
Kraken Futures PF_BNBUSD−0.0074%1h802.89−0.021%$2.6M$969K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h803.05−0.002%$3.0M$28.0M10xas long as short
StandX BNB-USD0.0000%1h803.38+0.040%$868K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDlongL +0.0008% / S −0.0007%1h803.06long leg$9.8M150x
Variational Omni BNB+0.0027%8h802.45−0.076%$4.2M$5.4Mas long as short
BingX BNB-USDC+0.0052%8h802.98−0.010%$13.3Mas long as short
Bybit BNBUSDT+0.0062%8h802.53−0.066%$139.3M$78.6M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h800.72−0.292%$607K$995K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BNB+0.0096%1h803.42+0.045%$2.8M$4.1M20xas long as short
Nado BNB-PERP+0.0100%1h802.71−0.044%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h803.30+0.030%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h802.70−0.045%$54.7M$113.6M50xas long as short
Arcus BNB-USD+0.0100%1h803.50+0.055%$53K$133K10xas long as short
Gate BNB_USDT+0.0100%8h802.85−0.026%$35.9M$57.7M75xas long as short
KuCoin BNBUSDTM+0.0100%8h802.92−0.018%$28.1M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h802.67−0.049%$79.6M$27.4M75xas long as short
edgeX BNBUSDC+0.0100%4h803.19+0.015%$4.2M$77.8M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h803.25+0.024%$162K$442K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h802.91−0.019%$119K$873K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h802.99−0.009%$388K$497K50xas long as short
Derive BNB-PERP+0.0100%1h803.24+0.023%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h803.58+0.065%$13K$1.7M50xas long as short
HTX BNB-USDT+0.0100%8h803.23+0.021%$8.2M$8.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h803.64+0.072%$78K$19K50xas long as short
Aster BNBUSDT+0.0104%8h803.75+0.086%$6.4M$19.0M200xas long as short
Extended BNB-USD+0.0104%1h802.49−0.071%$1.9M$6.4M50xas long as short
Aevo BNB-PERPshort+0.0104%1h803.060.000%$386K$40K10x
Phemex BNBUSDT+0.0111%8h803.58+0.065%$70.2M$51.0M50xas long as short
SoDEX BNB-USD+0.0111%1h803.20+0.017%$395K$1.0M10xas long as short
Kalshi KXBNBPERP+0.0113%8h803.60+0.067%$110K$2.9M4.8xas long as short
MEXC BNB_USDT+0.0124%8h803.80+0.092%$83.6M$13.5M200xas long as short
Binance BNBUSDT+0.0125%8h803.61+0.068%$502.6M$817.3M75xas long as short
Phoenix BNB+0.0127%1h803.09+0.004%$173K$36K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h803.40+0.043%$1.6M$165K25xas long as short
Hibachi BNB/USDT-P+0.0232%1h803.31+0.031%$71K$43K12xas long as short
Hyperliquid BNB+0.0238%1h803.76+0.087%$52.1M$21.4M10xas long as short
BloFin BNB-USDT+0.0245%8h803.42+0.045%$18.2M$2.6M75xas long as short
RISEx BNB/USDC+0.0258%1h803.22+0.020%$1.1M$1.4M20xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.253%$19K$789K30xas long as short
Bulk BNB-USD+0.0309%1h803.58+0.065%$653K$20K10xas long as short
Reya BNBRUSDPERP+0.0332%1h802.58−0.060%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0359%1h804.14+0.134%$2.7M$5.7M40xas long as short
01 Exchange BNBUSD+0.0368%1h803.68+0.077%$28K$1K10xas long as short
dYdX BNB-USD+0.0465%1h802.89−0.022%$162K$62K10xas long as short