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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0005%/8h= +0.5% APRpaid last 24h −0.010%
Price spread now: Aevo against Aster−0.012%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$850.846% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.095%+$9 on $10k
Price spread, last 3 days (all we have)−0.110%−$11 · spread now −0.012%, 7d avg −0.071%
Together, before fees−0.015%+ Points / potential airdropAster: Stage 5 · farm board−$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.059% dearer against Aster than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.071%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BNBUSDT801.210.0099pay 0.0099% / 8h1h 30m$6.4M$19.3M200x
ShortAevo BNB-PERP801.110.0104get 0.0013% / 1h30m 20s$385K$40K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Aster. 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
$0.97
Price spread: −0.012% → −0.071%
$5.88
Slippage, 4 orders
−$60.56
Fee Aster: 4 bp × 2 orders
−$8
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$77.71
Costs to cover
0.846%
Break-even
568.9 days
Slippage from Aster: live order book, 4 min ago; Aevo: live order book, 54 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 Aster live order book, 4 min ago0.44 bp4.6 bp −$55.1 bp −$5120.7 bp −$2,072doesn't fit
Sell Aevo live order book, 54 min ago12.10 bp31.6 bp −$3235.8 bp −$35862.9 bp −$6,292doesn'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%1h800.91−0.037%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h801.22+0.001%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h805.39+0.522%$3.0M$29.1M10xas long as short
Kalshi KXBNBPERP0.0000%8h801.90+0.086%$158K$2.8M4.8xas long as short
StandX BNB-USD0.0000%1h802.20+0.124%$867K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h800.92−0.036%$9.7M150xas long as short
Variational Omni BNB+0.0040%8h800.85−0.045%$4.1M$5.3Mas long as short
BingX BNB-USDC+0.0067%8h801.19−0.002%$13.3Mas long as short
Bybit BNBUSDT+0.0081%8h800.50−0.089%$139.5M$83.0M75xas long as short
Lighter BNB+0.0096%1h801.01−0.025%$2.8M$4.2M20xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0096%1h801.19−0.002%$610K$1.0M50xas long as short
Aster BNBUSDTlong+0.0099%8h801.21long leg$6.4M$19.3M200x
Nado BNB-PERP+0.0100%1h800.51−0.087%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h800.91−0.037%$1.2M$923K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h800.70−0.064%$54.9M$117.3M50xas long as short
Arcus BNB-USD+0.0100%1h801.20−0.001%$53K$170K10xas long as short
Gate BNB_USDT+0.0100%8h800.60−0.076%$35.8M$58.1M75xas long as short
KuCoin BNBUSDTM+0.0100%8h800.63−0.072%$28.0M$10.6M75xas long as short
Bitget BNBUSDT+0.0100%8h800.75−0.057%$81.0M$26.8M75xas long as short
edgeX BNBUSDC+0.0100%4h802.78+0.196%$4.2M$77.4M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h802.46+0.156%$161K$441K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h800.75−0.057%$121K$880K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h800.91−0.037%$387K$592K50xas long as short
Derive BNB-PERP+0.0100%1h801.14−0.009%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h801.87+0.082%$11K$1.7M50xas long as short
HTX BNB-USDT+0.0100%8h801.56+0.044%$8.2M$7.9M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h801.52+0.039%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h800.50−0.089%$1.8M$6.1M50xas long as short
Aevo BNB-PERPshort+0.0104%1h801.11−0.012%$385K$40K10x
MEXC BNB_USDT+0.0118%8h801.90+0.086%$83.4M$13.8M200xas long as short
Binance BNBUSDT+0.0119%8h801.50+0.036%$516.9M$829.2M75xas long as short
Phemex BNBUSDT+0.0129%8h801.43+0.027%$70.0M$51.7M50xas long as short
SoDEX BNB-USD+0.0139%1h801.10−0.014%$394K$1.0M10xas long as short
Hibachi BNB/USDT-P+0.0152%1h801.47+0.032%$71K$48K12xas long as short
Phoenix BNB+0.0155%1h804.78+0.446%$173K$35K10xas long as short
dYdX BNB-USD+0.0167%1h800.67−0.068%$161K$62K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h801.34+0.017%$1.6M$165K25xas long as short
Kraken Futures PF_BNBUSD+0.0207%1h800.73−0.059%$2.6M$983K50xas long as short
BloFin BNB-USDT+0.0239%8h801.60+0.049%$18.8M$2.6M75xas long as short
Hyperliquid BNB+0.0267%1h801.90+0.086%$51.9M$22.2M10xas long as short
Injective BNB/USDC PERP+0.0311%1h805.09+0.484%$19K$789K30xas long as short
RISEx BNB/USDC+0.0318%1h800.97−0.031%$1.1M$1.4M20xas long as short
Reya BNBRUSDPERP+0.0333%1h800.60−0.076%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0336%1h801.54+0.041%$28K$1K10xas long as short
Bulk BNB-USD+0.0354%1h801.59+0.047%$651K$21K10xas long as short
Backpack BNB_USDC_PERP+0.0669%1h801.73+0.065%$3.0M$5.5M40xas long as short