Funding you earn now, next payment 23:00 UTC−0.0101%/8h= −11.1% APRnext payment −$0.13 per $10,000 · paid last 24h −0.016%
Price spread now: Aevo against Kraken Futures+0.025%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$970.973% of the position
Funding, last 7 days+0.093%+$9 on $10k
+Price spread, last 3 days (all we have)+0.004%$0 · spread now +0.025%, 7d avg +0.019%
=The price spread sits at its 7-day average of +0.019%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.093%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_BNBUSD | 805.81 | 0.0205 | pay 0.0026% / 1h | 46m 11s | $2.5M | $929K | 50x |
| Short | Aevo BNB-PERP | 806.02 | 0.0104 | get 0.0013% / 1h | 46m 11s | $387K | $40K | 10x |
Kraken Futures PF_BNBUSD
Aevo BNB-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Kraken Futures. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21.26
- Price spread: +0.025% → +0.019%
- $0.67
- Slippage, 4 orders
- −$71.34
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$117.93
- Costs to cover
- 0.973%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 2 min ago; Aevo: live order book, 38 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 Kraken Futures live order book, 2 min ago | 3.85 bp | 9.2 bp −$9 | 16.2 bp −$162 | 28.1 bp −$2,809 | 130.2 bp −$65.1K |
| Sell Aevo live order book, 38 min ago | 12.10 bp | 31.6 bp −$32 | 35.8 bp −$358 | 62.9 bp −$6,292 | 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 −0.0195% / S +0.0371% | 1h | 805.51 | −0.038% | $49K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 806.30 | +0.060% | $4K | $1K | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 805.16 | −0.082% | $3.0M | $29.3M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 806.10 | +0.036% | $108K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 805.84 | +0.003% | $871K | $2.8M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 805.54 | −0.034% | $9.8M | — | 150x | as long as short |
| Variational Omni BNB | +0.0047% | 8h | 804.38 | −0.178% | $4.1M | $5.3M | — | as long as short |
| BingX BNB-USDT | +0.0059% | 8h | 805.61 | −0.025% | — | $34.5M | — | as long as short |
| Hibachi BNB/USDT-P | +0.0072% | 1h | 805.46 | −0.044% | $71K | $48K | 12x | as long as short |
| Bybit BNBUSDT | +0.0085% | 8h | 805.20 | −0.076% | $139.5M | $81.9M | 75x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Variational Omni BNB
BingX BNB-USDT
Hibachi BNB/USDT-P
Bybit BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter BNB | +0.0096% | 1h | 806.00 | +0.024% | $2.8M | $4.2M | 20x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0096% | 1h | 805.54 | −0.034% | $608K | $882K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 805.12 | −0.086% | $1.5M | $2.8M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 805.69 | −0.015% | $1.2M | $924K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 805.40 | −0.051% | $55.1M | $116.2M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 805.80 | −0.002% | $53K | $170K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 805.45 | −0.045% | $36.1M | $57.4M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 805.27 | −0.067% | $28.2M | $10.5M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 805.41 | −0.050% | $78.7M | $25.0M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 805.44 | −0.046% | $4.2M | $76.5M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 805.50 | −0.039% | $162K | $439K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 805.38 | −0.054% | $116K | $870K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 805.75 | −0.008% | $389K | $592K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 805.93 | +0.014% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 806.34 | +0.065% | $13K | $1.7M | 50x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 805.57 | −0.030% | $8.2M | $7.6M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 806.13 | +0.040% | $79K | $19K | 50x | as long as short |
| Aster BNBUSDT | +0.0104% | 8h | 806.13 | +0.039% | $6.4M | $18.8M | 200x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 805.37 | −0.055% | $1.9M | $6.0M | 50x | as long as short |
| Aevo BNB-PERPshort | +0.0104% | 1h | 806.02 | +0.025% | $387K | $40K | 10x | |
| MEXC BNB_USDT | +0.0118% | 8h | 806.60 | +0.098% | $84.7M | $13.4M | 200x | as long as short |
| Binance BNBUSDT | +0.0119% | 8h | 806.45 | +0.079% | $520.9M | $804.3M | 75x | as long as short |
| Phemex BNBUSDT | +0.0132% | 8h | 806.33 | +0.064% | $70.4M | $51.9M | 50x | as long as short |
| Phoenix BNB | +0.0155% | 1h | 805.60 | −0.027% | $173K | $35K | 10x | as long as short |
| Hyperliquid BNB | +0.0173% | 1h | 806.24 | +0.053% | $51.9M | $22.0M | 10x | as long as short |
| SoDEX BNB-USD | +0.0182% | 1h | 805.90 | +0.011% | $396K | $1.0M | 10x | as long as short |
| dYdX BNB-USD | +0.0193% | 1h | 805.84 | +0.003% | $162K | $63K | 10x | as long as short |
| Kraken Futures PF_BNBUSDlong | +0.0205% | 1h | 805.81 | long leg | $2.5M | $929K | 50x | |
| BloFin BNB-USDT | +0.0238% | 8h | 806.34 | +0.065% | $18.8M | $3.1M | 75x | as long as short |
| Bulk BNB-USD | +0.0274% | 1h | 805.55 | −0.033% | $651K | $14K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 806.29 | +0.059% | $1.6M | $165K | 25x | as long as short |
| Injective BNB/USDC PERP | +0.0311% | 1h | 805.09 | −0.090% | $19K | $789K | 30x | as long as short |
| RISEx BNB/USDC | +0.0318% | 1h | 805.68 | −0.017% | $1.1M | $1.4M | 20x | as long as short |
| Reya BNBRUSDPERP | +0.0333% | 1h | 805.17 | −0.079% | $6K | $3K | 40x | as long as short |
| 01 Exchange BNBUSD | +0.0344% | 1h | 806.37 | +0.069% | $29K | $1K | 10x | as long as short |
| Backpack BNB_USDC_PERP | +0.0713% | 1h | 806.41 | +0.074% | $3.0M | $5.5M | 40x | as long as short |
Lighter BNB
Coinbase International BNB-PERP-INTX
Nado BNB-PERP
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
HTX BNB-USDT
Paradex BNB-USD-PERP
Aster BNBUSDT
Extended BNB-USD
MEXC BNB_USDT
Binance BNBUSDT
Phemex BNBUSDT
Phoenix BNB
Hyperliquid BNB
SoDEX BNB-USD
dYdX BNB-USD
BloFin BNB-USDT
Bulk BNB-USD
Deribit BNB_USDC-PERPETUAL
Injective BNB/USDC PERP
RISEx BNB/USDC
Reya BNBRUSDPERP
01 Exchange BNBUSD
Backpack BNB_USDC_PERP