Funding arb · Price arb /

BNB

all BNB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Paradex against Gate+0.052%45s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Paradex

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: 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 0.052% dearer against Gate than usual: you sell high and buy low, +$5 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BNB_USDT	784.55	0.0100	pay 0.0100% / 8h	1m 49s	$38.6M	$58.9M	75x
Short	Paradex BNB-USD-PERP	784.96	0.0100	get 0.0100% / 8h	1m 49s	$78K	$17K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Gate. 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

Position, each leg$Hold fordaysFee GatebpFee ParadexbpOrdersPrice spread, now +0.052%Rate

Funding earned: $0.02
Price spread: +0.052% → 0.000%: $5.24
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$13.74
Costs to cover: 0.190%
Break-even: 5314.5 days

Slippage unknown: Gate: live order book, 2 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 Gate live order book, 2 min ago	0.32 bp	10.6 bp −$11	13.8 bp −$138	26.6 bp −$2,657	55.7 bp −$27.8K
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 −0.0168% / S +0.0337%	1h	784.39	−0.020%	$43K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	784.84	+0.037%	$4K	$42	25x	as long as short
Kraken Futures PF_BNBUSD	−0.0050%	1h	784.38	−0.021%	$2.5M	$1.2M	50x	as long as short
StandX BNB-USD	0.0000%	1h	785.58	+0.131%	$847K	$2.7M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	784.48	−0.009%	$9.5M	—	150x	as long as short
Aster BNBUSDT	+0.0030%	8h	784.98	+0.055%	$5.9M	$18.6M	200x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.618%	$19K	$789K	30x	as long as short
BingX BNB-USDT	+0.0038%	8h	784.59	+0.005%	—	$22.1M	—	as long as short
Binance BNBUSDT	+0.0046%	8h	785.08	+0.068%	$488.4M	$813.7M	75x	as long as short
MEXC BNB_USDT	+0.0047%	8h	785.70	+0.147%	$81.1M	$12.1M	200x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex BNBUSDT	+0.0082%	8h	785.12	+0.073%	$68.5M	$51.1M	50x	as long as short
Lighter BNB	+0.0096%	1h	784.57	+0.002%	$2.7M	$3.8M	20x	as long as short
Phoenix BNB	+0.0100%	1h	785.57	+0.130%	$158K	$35K	10x	as long as short
Nado BNB-PERP	+0.0100%	1h	784.30	−0.032%	$1.3M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	785.12	+0.073%	$51.5M	$17.6M	10x	as long as short
Pacifica BNB	+0.0100%	1h	784.70	+0.019%	$1.2M	$937K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	784.44	−0.014%	$138.1M	$73.7M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	784.40	−0.019%	$53.3M	$111.4M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	784.60	+0.006%	$52K	$125K	10x	as long as short
Gate BNB_USDTlong	+0.0100%	8h	784.55	long leg	$38.6M	$58.9M	75x
KuCoin BNBUSDTM	+0.0100%	8h	784.06	−0.062%	$27.6M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	784.17	−0.048%	$75.2M	$32.6M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	784.83	+0.036%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	784.74	+0.025%	$4.0M	$4.7M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	785.11	+0.072%	$4.1M	$76.6M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	785.13	+0.074%	$158K	$439K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	784.30	−0.032%	$131K	$942K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	784.42	−0.017%	$264K	$358K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	784.53	−0.003%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	784.91	+0.046%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	784.50	−0.006%	$386K	$957K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	784.85	+0.038%	$8.0M	$10.3M	75x	as long as short
Paradex BNB-USD-PERPshort	+0.0100%	8h	784.96	+0.052%	$78K	$17K	50x
Kalshi KXBNBPERP	+0.0103%	8h	785.00	+0.057%	$170K	$2.6M	4.8x	as long as short
Extended BNB-USD	+0.0104%	1h	784.06	−0.062%	$1.8M	$5.8M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	784.44	−0.014%	$377K	$110K	10x	as long as short
Coinbase International BNB-PERP-INTX	+0.0104%	1h	784.97	+0.054%	$548K	$1.9M	50x	as long as short
dYdX BNB-USD	+0.0127%	1h	784.34	−0.026%	$159K	$62K	10x	as long as short
BloFin BNB-USDT	+0.0167%	8h	784.80	+0.032%	$17.7M	$2.2M	75x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	784.84	+0.037%	$1.5M	$141K	25x	as long as short
GRVT BNB_USDT_Perp	+0.0215%	8h	785.41	+0.110%	$2.9M	$27.7M	10x	as long as short
Bulk BNB-USD	+0.0237%	1h	785.14	+0.075%	$636K	$831	10x	as long as short
01 Exchange BNBUSD	+0.0248%	1h	784.97	+0.054%	$28K	$4K	10x	as long as short
Reya BNBRUSDPERP	+0.0320%	1h	784.13	−0.054%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0350%	1h	784.72	+0.022%	$1.1M	$921K	20x	as long as short
Hibachi BNB/USDT-P	+0.0440%	1h	784.87	+0.041%	$67K	$39K	12x	as long as short