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−0.0071%/8h= −7.7% APRnext payment $0.09 per $10,000 · paid last 24h −0.005%
Price spread now: Injective against Aevo+1.971%7-day average −0.323% · you sell dearer than you buy
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 7 days−0.227%−$23 on $10k
Price spread, last 3 days (all we have)−2.394%−$239 · spread now +1.971%, 7d avg −0.323%
Together, before fees−2.620%−$262 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Injective is 2.295% dearer against Aevo than usual: you sell high and buy low (spread +1.971% now, against its 7-day average of −0.323%): +$229 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo BNB-PERP789.520.0104pay 0.0013% / 1h4m 25s$379K$110K10x
ShortInjective BNB/USDC PERP805.090.0033get 0.0004% / 1h4m 25s$19K$789K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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

Funding earned
−$14.84
Price spread: +1.971% → −0.323%
$229.48
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$198.62
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Aevo: live order book, 65 min ago; Injective: no order-book sample. 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 Aevo live order book, 65 min ago3.13 bp15.7 bp −$1619.7 bp −$19723.2 bp −$2,321doesn't fit
Sell Injective no order-book sample
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h789.75+0.029%$46K200xas long as short
Kraken Futures PF_BNBUSD−0.0132%1h789.37−0.019%$2.5M$1.2M50xas long as short
Hotstuff BNB-PERP−0.0080%1h790.04+0.065%$4K$23925xas long as short
StandX BNB-USD0.0000%1h790.26+0.093%$854K$3.2M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h789.86+0.042%$9.6M150xas long as short
Aster BNBUSDT+0.0033%8h790.44+0.115%$6.2M$19.2M200xas long as short
Injective BNB/USDC PERPshort+0.0033%1h805.09+1.971%$19K$789K30x
BingX BNB-USDT+0.0051%8h790.00+0.060%$34.7Mas long as short
Variational Omni BNB+0.0055%8h789.21−0.040%$4.1M$4.8Mas long as short
Coinbase International BNB-PERP-INTX+0.0056%1h788.82−0.089%$619K$1.8M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0064%8h789.98+0.058%$69.1M$50.6M50xas long as short
Gate BNB_USDT+0.0064%8h789.95+0.054%$35.1M$57.8M75xas long as short
MEXC BNB_USDT+0.0065%8h791.10+0.200%$80.5M$13.2M200xas long as short
Binance BNBUSDT+0.0066%8h790.79+0.160%$495.0M$818.3M75xas long as short
GRVT BNB_USDT_Perp+0.0084%8h788.67−0.109%$2.9M$28.5M10xas long as short
Phoenix BNB+0.0088%1h789.43−0.012%$170K$36K10xas long as short
Lighter BNB+0.0096%1h790.17+0.081%$2.8M$4.1M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h789.42−0.013%$382K$392K50xas long as short
Nado BNB-PERP+0.0100%1h789.45−0.009%$1.5M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h790.73+0.152%$51.8M$18.6M10xas long as short
Pacifica BNB+0.0100%1h790.20+0.086%$1.2M$920K20xas long as short
Bybit BNBUSDT+0.0100%8h790.00+0.060%$139.1M$79.7M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h790.00+0.060%$53.4M$113.7M50xas long as short
Arcus BNB-USD+0.0100%1h790.40+0.111%$52K$135K10xas long as short
KuCoin BNBUSDTM+0.0100%8h789.91+0.049%$27.8M$10.4M75xas long as short
Bitget BNBUSDT+0.0100%8h789.88+0.045%$77.5M$30.0M75xas long as short
edgeX BNBUSDC+0.0100%4h789.48−0.006%$4.1M$77.2M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h789.73+0.026%$159K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h790.00+0.060%$138K$947K10xas long as short
Derive BNB-PERP+0.0100%1h789.54+0.002%$31K$9K10xas long as short
SunX BNB-USDT+0.0100%8h789.99+0.059%$13K$1.6M50xas long as short
HTX BNB-USDT+0.0100%8h789.21−0.039%$8.1M$9.0M75xas long as short
Paradex BNB-USD-PERP+0.0101%8h790.65+0.142%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h789.77+0.031%$1.8M$6.0M50xas long as short
Aevo BNB-PERPlong+0.0104%1h789.52long leg$379K$110K10x
dYdX BNB-USD+0.0106%1h789.56+0.004%$160K$64K10xas long as short
SoDEX BNB-USD+0.0109%1h789.50−0.003%$388K$1.0M10xas long as short
RISEx BNB/USDC+0.0131%1h790.48+0.120%$1.1M$1.1M20xas long as short
Kalshi KXBNBPERP+0.0172%8h789.80+0.035%$92K$2.9M4.8xas long as short
01 Exchange BNBUSD+0.0272%1h790.82+0.164%$28K$3K10xas long as short
Bulk BNB-USD+0.0298%1h789.80+0.035%$640K$13K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h789.90+0.047%$1.5M$160K25xas long as short
Reya BNBRUSDPERP+0.0328%1h789.90+0.047%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0390%1h790.10+0.073%$2.7M$5.7M40xas long as short
Hibachi BNB/USDT-P+0.0528%1h789.78+0.032%$68K$39K12xas long as short