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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0041%/8h= +4.4% APRnext payment +$0.41 per $10,000 · paid last 24h −0.003%
Price spread now: Paradex against Binance−0.027%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Funding pays, the price is against you. Paradex is 0.027% cheaper against Binance than usual: you would sell low and buy high (spread −0.027% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 2.2 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BNBUSDT787.390.0060pay 0.0060% / 8h2h 18m$490.6M$812.5M75x
ShortParadex BNB-USD-PERP787.180.0101get 0.0101% / 8h2h 18m$76K$17K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Binance. 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
$8.53
Price spread: −0.027% → 0.000%
−$2.73
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$8.2
Costs to cover
0.140%
Break-even
13.7 days
Slippage unknown: Binance: live order book, 10 min ago; Paradex: 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 Binance live order book, 10 min ago0.06 bp5.1 bp −$56.5 bp −$6516.7 bp −$1,670doesn't fit
Sell Paradex no order-book sample
Paradex: 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 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 −0.0192% / S +0.0356%1h786.64−0.095%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h787.19−0.025%$4K$4225xas long as short
StandX BNB-USD0.0000%1h787.37−0.003%$849K$3.0M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h786.71−0.086%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.248%$19K$789K30xas long as short
Aster BNBUSDT+0.0036%8h787.43+0.005%$6.1M$19.0M200xas long as short
BingX BNB-USDC+0.0042%8h786.25−0.145%$13.4Mas long as short
Phemex BNBUSDT+0.0052%8h787.29−0.013%$68.9M$50.6M50xas long as short
MEXC BNB_USDT+0.0059%8h787.30−0.011%$80.4M$12.0M200xas long as short
Binance BNBUSDTlong+0.0060%8h787.39long leg$490.6M$812.5M75x
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BNBUSD+0.0069%1h786.73−0.084%$2.5M$1.2M50xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h785.85−0.196%$568K$1.9M50xas long as short
Lighter BNB+0.0096%1h786.94−0.057%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h786.76−0.080%$265K$489K50xas long as short
Nado BNB-PERP+0.0100%1h786.65−0.094%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h787.40+0.001%$51.5M$17.6M10xas long as short
Pacifica BNB+0.0100%1h787.10−0.036%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h786.63−0.097%$138.2M$74.7M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h786.50−0.113%$53.4M$112.6M50xas long as short
Arcus BNB-USD+0.0100%1h787.10−0.037%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h786.75−0.081%$36.6M$59.1M75xas long as short
KuCoin BNBUSDTM+0.0100%8h786.39−0.127%$27.7M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h786.31−0.137%$76.1M$31.0M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h787.17−0.028%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h785.81−0.200%$4.0M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h786.59−0.102%$4.1M$75.5M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h785.20−0.278%$158K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h786.65−0.094%$131K$951K10xas long as short
Derive BNB-PERP+0.0100%1h786.97−0.053%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h787.36−0.004%$12K$1.5M50xas long as short
HTX BNB-USDT+0.0100%8h786.76−0.080%$8.0M$10.1M75xas long as short
Paradex BNB-USD-PERPshort+0.0101%8h787.18−0.027%$76K$17K50x
Extended BNB-USD+0.0104%1h786.30−0.139%$1.8M$6.2M50xas long as short
Aevo BNB-PERP+0.0104%1h787.02−0.048%$378K$110K10xas long as short
Phoenix BNB+0.0107%1h786.33−0.135%$169K$35K10xas long as short
SoDEX BNB-USD+0.0128%1h786.80−0.075%$387K$993K10xas long as short
Kalshi KXBNBPERP+0.0144%8h787.00−0.050%$161K$2.7M4.8xas long as short
dYdX BNB-USD+0.0160%1h786.37−0.130%$159K$62K10xas long as short
BloFin BNB-USDT+0.0180%8h787.41+0.003%$17.7M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0211%8h785.17−0.282%$2.9M$29.3M10xas long as short
01 Exchange BNBUSD+0.0304%1h787.61+0.028%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0323%1h786.55−0.106%$6K$3K40xas long as short
Bulk BNB-USD+0.0341%1h785.39−0.253%$637K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0400%1h787.25−0.018%$1.5M$143K25xas long as short
RISEx BNB/USDC+0.0432%1h787.16−0.029%$1.1M$901K20xas long as short
Hibachi BNB/USDT-P+0.0528%1h786.48−0.115%$67K$39K12xas long as short