BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0074%/8h= +8.1% APRnext payment +$0.09 per $10,000 · paid last 24h +0.075%

Price spread now: dYdX against Aevo+0.009%7-day average −0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs−$93as in the Price arb table

costs, in and out, $10k−$940.943% of the position

Long on Aevo Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.409%+$41 on $10k

Price spread, last 4 days (all we have)+0.290%+$29 · spread now +0.009%, 7d avg −0.006%

Together, before fees+0.700%+$70 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.006%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo BNB-PERP	784.74	0.0104	pay 0.0013% / 1h	25m 26s	$377K	$110K	10x
Short	dYdX BNB-USD	784.81	0.0178	get 0.0022% / 1h	25m 26s	$157K	$65K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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

Position, each leg$Hold fordaysFee AevobpFee dYdXbpOrdersPrice spread, now +0.009%Rate

Funding earned: $15.48
Price spread: +0.009% → −0.006%: $1.49
Slippage, 4 orders: −$68.25
Fee Aevo: 8 bp × 2 orders: −$16
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$77.28
Costs to cover: 0.943%
Break-even: 41.9 days

Slippage from Aevo: live order book, 9 min ago; dYdX: live order book, 9 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 Aevo live order book, 9 min ago	5.10 bp	14.9 bp −$15	21.3 bp −$213	35.4 bp −$3,541	doesn't fit
Sell dYdX live order book, 9 min ago	12.64 bp	34.7 bp −$35	74.8 bp −$748	94.9 bp −$9,491	292.7 bp −$146.4K

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 −0.0166% / S +0.0337%	1h	784.59	−0.019%	$43K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	785.20	+0.059%	$4K	—	25x	as long as short
Kraken Futures PF_BNBUSD	−0.0021%	1h	783.96	−0.100%	$2.5M	$1.2M	50x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	784.75	+0.001%	$2.9M	$27.3M	10x	as long as short
StandX BNB-USD	0.0000%	1h	784.83	+0.012%	$846K	$2.7M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	784.61	−0.016%	$9.5M	—	150x	as long as short
Aster BNBUSDT	+0.0017%	8h	785.21	+0.060%	$5.9M	$18.2M	200x	as long as short
BingX BNB-USDC	+0.0029%	8h	784.66	−0.010%	—	$13.4M	—	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.593%	$19K	$789K	30x	as long as short
Binance BNBUSDT	+0.0035%	8h	785.20	+0.059%	$487.6M	$805.6M	75x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BNB_USDT	+0.0036%	8h	786.40	+0.212%	$82.4M	$12.2M	200x	as long as short
Lighter BNB	+0.0096%	1h	784.86	+0.015%	$2.7M	$3.7M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	784.50	−0.031%	$1.4M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	785.24	+0.064%	$51.5M	$17.6M	10x	as long as short
Pacifica BNB	+0.0100%	1h	784.96	+0.028%	$1.2M	$937K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	784.60	−0.018%	$138.2M	$73.0M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	784.40	−0.043%	$53.3M	$109.9M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	784.80	+0.008%	$52K	$125K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	784.65	−0.011%	$39.4M	$55.9M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	784.48	−0.033%	$27.7M	$9.9M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	784.35	−0.050%	$75.2M	$32.3M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	784.33	−0.052%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	783.60	−0.146%	$4.3M	$5.0M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	784.81	+0.008%	$4.1M	$76.0M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	784.89	+0.019%	$158K	$439K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	785.05	+0.040%	$131K	$922K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	784.66	−0.010%	$264K	$358K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	784.27	−0.060%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	784.45	−0.037%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	784.10	−0.081%	$386K	$941K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	784.41	−0.042%	$8.0M	$10.3M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	785.07	+0.043%	$88K	$42K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	784.38	−0.046%	$1.8M	$5.8M	50x	as long as short
Aevo BNB-PERPlong	+0.0104%	1h	784.74	long leg	$377K	$110K	10x
Kalshi KXBNBPERP	+0.0108%	8h	785.40	+0.084%	$159K	$2.6M	4.8x	as long as short
Coinbase International BNB-PERP-INTX	+0.0120%	1h	785.76	+0.130%	$547K	$1.9M	50x	as long as short
Phoenix BNB	+0.0120%	1h	784.43	−0.039%	$158K	$38K	10x	as long as short
BloFin BNB-USDT	+0.0144%	8h	784.85	+0.014%	$17.8M	$2.2M	75x	as long as short
dYdX BNB-USDshort	+0.0178%	1h	784.81	+0.009%	$157K	$65K	10x
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	785.16	+0.054%	$1.5M	$141K	25x	as long as short
Bulk BNB-USD	+0.0200%	1h	784.80	+0.008%	$636K	$630	10x	as long as short
Phemex BNBUSDT	+0.0227%	8h	784.63	−0.014%	$68.3M	$51.0M	50x	as long as short
01 Exchange BNBUSD	+0.0232%	1h	785.38	+0.082%	$28K	$3K	10x	as long as short
Reya BNBRUSDPERP	+0.0319%	1h	784.40	−0.043%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0355%	1h	785.11	+0.047%	$1.1M	$905K	20x	as long as short
Hibachi BNB/USDT-P	+0.0416%	1h	784.66	−0.011%	$67K	$39K	12x	as long as short