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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Paradex against edgeX+0.096%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · Paradex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.096% dearer against edgeX than usual: you sell high and buy low, +$10 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX BNBUSDC805.490.0100pay 0.0050% / 4h2h 25m$4.2M$76.8M30x
ShortParadex BNB-USD-PERP806.260.0100get 0.0100% / 8h2h 25m$79K$19K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against edgeX. 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
$0.05
Price spread: +0.096% → 0.000%
$9.64
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$3.32
Costs to cover
0.130%
Break-even
493.3 days
Slippage unknown: edgeX: live order book, 4 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 edgeX live order book, 4 min ago1.86 bp6.4 bp −$66.4 bp −$6410.1 bp −$1,008doesn'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 −0.0195% / S +0.0371%1h805.34−0.018%$49K200xas long as short
Hotstuff BNB-PERP−0.0080%1h805.10−0.048%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h805.40−0.010%$3.0M$29.4M10xas long as short
Kalshi KXBNBPERP0.0000%8h806.10+0.076%$112K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h805.57+0.010%$871K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h805.37−0.015%$9.8M150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h805.82+0.041%$2.5M$908K50xas long as short
Variational Omni BNB+0.0049%8h803.71−0.220%$4.0M$5.4Mas long as short
BingX BNB-USDT+0.0052%8h805.44−0.006%$34.5Mas long as short
Bybit BNBUSDT+0.0075%8h805.10−0.048%$139.6M$82.5M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0088%1h804.80−0.085%$609K$879K50xas long as short
Aster BNBUSDT+0.0094%8h806.20+0.089%$6.4M$18.8M200xas long as short
Lighter BNB+0.0096%1h805.72+0.029%$2.8M$4.2M20xas long as short
Nado BNB-PERP+0.0100%1h805.25−0.029%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h805.78+0.037%$1.2M$923K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h805.30−0.023%$55.2M$115.8M50xas long as short
Arcus BNB-USD+0.0100%1h806.00+0.064%$53K$168K10xas long as short
Gate BNB_USDT+0.0100%8h805.20−0.035%$36.0M$58.5M75xas long as short
KuCoin BNBUSDTM+0.0100%8h805.19−0.037%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h805.10−0.048%$79.2M$24.5M75xas long as short
edgeX BNBUSDClong+0.0100%4h805.49long leg$4.2M$76.8M30x
ApeX Omni BNBUSDT+0.0100%1h805.60+0.014%$159K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h805.27−0.027%$119K$868K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h805.44−0.006%$389K$593K50xas long as short
Derive BNB-PERP+0.0100%1h805.94+0.057%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h806.19+0.088%$13K$1.7M50xas long as short
HTX BNB-USDT+0.0100%8h805.12−0.046%$8.2M$7.4M75xas long as short
Paradex BNB-USD-PERPshort+0.0100%8h806.26+0.096%$79K$19K50x
Extended BNB-USD+0.0104%1h805.17−0.039%$1.9M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h805.91+0.053%$387K$40K10xas long as short
MEXC BNB_USDT+0.0108%8h806.30+0.101%$84.6M$13.6M200xas long as short
Binance BNBUSDT+0.0110%8h806.03+0.067%$520.5M$803.8M75xas long as short
Phemex BNBUSDT+0.0124%8h806.38+0.111%$70.4M$51.8M50xas long as short
Phoenix BNB+0.0125%1h805.78+0.037%$173K$35K10xas long as short
Hyperliquid BNB+0.0171%1h806.08+0.074%$51.8M$21.3M10xas long as short
SoDEX BNB-USD+0.0196%1h805.80+0.039%$396K$1.0M10xas long as short
Bulk BNB-USD+0.0197%1h804.34−0.142%$650K$11K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h806.36+0.109%$1.6M$165K25xas long as short
RISEx BNB/USDC+0.0209%1h805.78+0.037%$1.1M$1.5M20xas long as short
BloFin BNB-USDT+0.0229%8h805.82+0.042%$18.8M$3.1M75xas long as short
Hibachi BNB/USDT-P+0.0240%1h805.69+0.025%$71K$48K12xas long as short
dYdX BNB-USD+0.0264%1h805.64+0.019%$170K$55K10xas long as short
Reya BNBRUSDPERP+0.0334%1h805.11−0.046%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0336%1h806.38+0.111%$29K$1K10xas long as short
Injective BNB/USDC PERP+0.0353%1h804.89−0.074%$19K$627K30xas long as short
Backpack BNB_USDC_PERP+0.0652%1h806.84+0.168%$3.0M$5.5M40xas long as short