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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0066%/8h= +7.3% APRpaid last 24h +0.016%
Price spread now: Aevo against Variational Omni−0.135%7-day average +0.047% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.074%+$7 on $10k
Price spread, last 3 days (all we have)+0.197%+$20 · spread now −0.135%, 7d avg +0.047%
Together, before fees+0.271%+ Points / potential airdropVariational Omni: Active · farm board+$27 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aevo is 0.182% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.135% now, against its 7-day average of +0.047%). If the spread goes back, that is −$18 on $10k: about 9.1 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni BNB794.100.0038pay 0.0038% / 8h6h 20m$4.1M$4.9M
ShortAevo BNB-PERP793.030.0104get 0.0013% / 1h20m 14s$381K$110K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Variational Omni. 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
$13.93
Price spread: −0.135% → +0.047%
−$18.17
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$20.24
Costs to cover
0.160%
Break-even
17.2 days
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Aevo: live order book, 49 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 4 min ago3.33 bpdoesn't fit5.7 bp −$57doesn't fitdoesn't fit
Sell Aevo live order book, 49 min ago3.13 bp14.5 bp −$1521.0 bp −$21025.4 bp −$2,536doesn't fit

BNB on 45 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 −0.0167% / S +0.0335%1h793.48−0.078%$46K200xas long as short
Kraken Futures PF_BNBUSD−0.0132%1h792.90−0.152%$2.5M$1.0M50xas long as short
Hotstuff BNB-PERP−0.0080%1h794.69+0.074%$4K$23925xas long as short
StandX BNB-USD0.0000%1h795.71+0.202%$860K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h793.49−0.077%$9.7M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.384%$19K$789K30xas long as short
Aster BNBUSDT+0.0035%8h793.90−0.026%$6.1M$19.7M200xas long as short
Variational Omni BNBlong+0.0038%8h794.10long leg$4.1M$4.9M
BingX BNB-USDT+0.0050%8h793.72−0.048%$34.9Mas long as short
Gate BNB_USDT+0.0052%8h793.50−0.076%$35.3M$56.4M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0056%1h795.53+0.180%$610K$1.1M50xas long as short
Phemex BNBUSDT+0.0060%8h793.58−0.066%$69.4M$50.7M50xas long as short
Binance BNBUSDT+0.0062%8h794.08−0.003%$493.9M$810.0M75xas long as short
MEXC BNB_USDT+0.0063%8h794.40+0.037%$82.5M$12.8M200xas long as short
GRVT BNB_USDT_Perp+0.0070%8h795.62+0.191%$3.0M$28.5M10xas long as short
dYdX BNB-USD+0.0077%1h793.86−0.031%$160K$63K10xas long as short
Phoenix BNB+0.0088%1h794.99+0.112%$171K$36K10xas long as short
Lighter BNB+0.0096%1h793.93−0.022%$2.8M$4.0M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h793.01−0.138%$383K$409K50xas long as short
Nado BNB-PERP+0.0100%1h793.75−0.044%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h794.16+0.007%$52.0M$19.3M10xas long as short
Pacifica BNB+0.0100%1h794.04−0.008%$1.2M$925K20xas long as short
Bybit BNBUSDT+0.0100%8h793.20−0.114%$138.7M$75.7M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h792.90−0.152%$53.2M$110.1M50xas long as short
Arcus BNB-USD+0.0100%1h793.90−0.026%$52K$134K10xas long as short
KuCoin BNBUSDTM+0.0100%8h793.51−0.075%$27.7M$10.1M75xas long as short
Bitget BNBUSDT+0.0100%8h792.74−0.172%$77.2M$28.1M75xas long as short
edgeX BNBUSDC+0.0100%4h795.49+0.174%$4.1M$76.8M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h795.56+0.183%$160K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h793.54−0.071%$111K$886K10xas long as short
Derive BNB-PERP+0.0100%1h793.25−0.107%$32K$9K10xas long as short
SunX BNB-USDT+0.0100%8h794.14+0.004%$12K$1.6M50xas long as short
SoDEX BNB-USD+0.0100%1h793.10−0.126%$390K$997K10xas long as short
HTX BNB-USDT+0.0100%8h793.92−0.023%$8.1M$8.9M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h794.35+0.031%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h792.59−0.191%$1.7M$5.8M50xas long as short
Aevo BNB-PERPshort+0.0104%1h793.03−0.135%$381K$110K10x
RISEx BNB/USDC+0.0131%1h793.98−0.016%$1.1M$1.1M20xas long as short
Kalshi KXBNBPERP+0.0156%8h794.90+0.100%$112K$2.7M4.8xas long as short
Bulk BNB-USD+0.0195%1h795.93+0.230%$644K$16K10xas long as short
01 Exchange BNBUSD+0.0256%1h794.17+0.008%$28K$3K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h793.43−0.085%$1.6M$160K25xas long as short
Reya BNBRUSDPERP+0.0329%1h793.30−0.102%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0383%1h794.91+0.102%$2.7M$5.7M40xas long as short
Hibachi BNB/USDT-P+0.0528%1h794.78+0.086%$68K$38K12xas long as short