Funding you earn now, next payment 05:00 UTC−0.0300%/8h= −32.8% APRpaid last 24h −0.020%
Price spread now: Paradex against Deribit−0.102%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Paradex is 0.102% cheaper against Deribit than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit BNB_USDC-PERPETUAL | 789.98 | 0.0400 | pay 0.0050% / 1h | 56m 01s | $1.5M | $143K | 25x |
| Short | Paradex BNB-USD-PERP | 789.18 | 0.0100 | get 0.0100% / 8h | 3h 56m | $77K | $17K | 50x |
Deribit BNB_USDC-PERPETUAL
Paradex BNB-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Deribit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$62.93
- Price spread: −0.102% → 0.000%
- −$10.16
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$84.09
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Deribit: live order book, 3 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Deribit live order book, 3 min ago | 3.10 bp | 6.6 bp −$7 | 10.5 bp −$105 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX BNB/USD [WBTC.b-USDC] | L −0.0191% / S +0.0355% | 1h | 789.27 | −0.090% | $46K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0124% | 1h | 789.60 | −0.049% | $2.5M | $1.2M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 789.17 | −0.103% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 789.04 | −0.119% | $851K | $3.2M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 789.37 | −0.078% | $9.5M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +1.912% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0035% | 8h | 789.99 | 0.000% | $6.1M | $18.7M | 200x | as long as short |
| BingX BNB-USDC | +0.0046% | 8h | 789.78 | −0.026% | — | $13.4M | — | as long as short |
| MEXC BNB_USDT | +0.0057% | 8h | 790.50 | +0.066% | $80.2M | $12.0M | 200x | as long as short |
| Binance BNBUSDT | +0.0057% | 8h | 790.01 | +0.003% | $493.2M | $793.3M | 75x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Hotstuff BNB-PERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
Aster BNBUSDT
BingX BNB-USDC
MEXC BNB_USDT
Binance BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex BNBUSDT | +0.0060% | 8h | 789.74 | −0.031% | $69.1M | $50.2M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0072% | 1h | 789.35 | −0.080% | $580K | $1.9M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 789.73 | −0.032% | $2.8M | $3.8M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 789.54 | −0.056% | $266K | $492K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 788.65 | −0.169% | $1.5M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 790.12 | +0.017% | $51.8M | $17.6M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 788.96 | −0.129% | $1.2M | $931K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 789.30 | −0.086% | $138.9M | $74.0M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 789.30 | −0.086% | $53.4M | $111.7M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 789.00 | −0.124% | $52K | $133K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 789.50 | −0.061% | $35.6M | $56.4M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 789.40 | −0.074% | $28.1M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 789.24 | −0.094% | $76.3M | $30.3M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 790.04 | +0.007% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 789.31 | −0.085% | $4.1M | $4.8M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 789.65 | −0.042% | $4.1M | $73.2M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 789.53 | −0.057% | $159K | $440K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 788.90 | −0.137% | $131K | $952K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 789.61 | −0.047% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 789.42 | −0.071% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 789.70 | −0.036% | $388K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 789.23 | −0.095% | $8.1M | $9.6M | 75x | as long as short |
| Paradex BNB-USD-PERPshort | +0.0100% | 8h | 789.18 | −0.102% | $77K | $17K | 50x | |
| Extended BNB-USD | +0.0104% | 1h | 789.24 | −0.094% | $1.9M | $6.2M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 789.50 | −0.061% | $379K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0117% | 1h | 789.25 | −0.093% | $170K | $34K | 10x | as long as short |
| dYdX BNB-USD | +0.0156% | 1h | 789.25 | −0.093% | $160K | $64K | 10x | as long as short |
| GRVT BNB_USDT_Perp | +0.0161% | 8h | 789.88 | −0.013% | $2.9M | $28.5M | 10x | as long as short |
| BloFin BNB-USDT | +0.0177% | 8h | 789.40 | −0.074% | $18.1M | $2.2M | 75x | as long as short |
| Kalshi KXBNBPERP | +0.0190% | 8h | 789.50 | −0.061% | $135K | $2.7M | 4.8x | as long as short |
| Bulk BNB-USD | +0.0216% | 1h | 788.57 | −0.179% | $639K | $9K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0272% | 1h | 789.49 | −0.062% | $28K | $4K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0325% | 1h | 788.70 | −0.162% | $6K | $3K | 40x | as long as short |
| Hibachi BNB/USDT-P | +0.0368% | 1h | 789.23 | −0.095% | $67K | $39K | 12x | as long as short |
| Deribit BNB_USDC-PERPETUALlong | +0.0400% | 1h | 789.98 | long leg | $1.5M | $143K | 25x | |
| RISEx BNB/USDC | +0.0431% | 1h | 789.22 | −0.097% | $1.1M | $902K | 20x | as long as short |
Phemex BNBUSDT
Coinbase International BNB-PERP-INTX
Lighter BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
dYdX BNB-USD
GRVT BNB_USDT_Perp
BloFin BNB-USDT
Kalshi KXBNBPERP
Bulk BNB-USD
01 Exchange BNBUSD
Reya BNBRUSDPERP
Hibachi BNB/USDT-P
RISEx BNB/USDC