BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +11.0% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: Paradex against GRVT−0.038%51s7-day average — · you buy dearer than you sell

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

Long on GRVT 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 airdropGRVT: Active · Paradex: Active · farm boardneeds both histories

Funding pays, the price is against you. Paradex is 0.038% cheaper against GRVT than usual: you would sell low and buy high (spread −0.038% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 31 hours of funding at the current rate (+$3 a day). The two prices were read 51 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	GRVT BNB_USDT_Perp	799.74	0	get 0.0000% / 8h	7h 10m	$3.0M	$27.9M	10x
Short	Paradex BNB-USD-PERP	799.43	0.0100	get 0.0100% / 8h	7h 10m	$78K	$18K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against GRVT. 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 GRVTbpFee ParadexbpOrdersPrice spread, now −0.038%Rate

Funding earned: $21.01
Price spread: −0.038% → 0.000%: −$3.84
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Paradex: 2 bp × 2 orders: −$4
Net: $4.18
Costs to cover: 0.130%
Break-even: 5.6 days

Slippage unknown: GRVT: 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 GRVT live order book, 3 min ago	0.31 bp	4.8 bp −$5	6.2 bp −$62	206.2 bp −$20.6K	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 −0.0159% / S +0.0335%	1h	798.19	−0.193%	$47K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0121%	1h	798.19	−0.193%	$2.5M	$1.0M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	798.63	−0.139%	$4K	$239	25x	as long as short
GRVT BNB_USDT_Perplong	0.0000%	8h	799.74	long leg	$3.0M	$27.9M	10x
StandX BNB-USD	0.0000%	1h	799.92	+0.023%	$864K	$2.9M	30x	as long as short
Gate BNB_USDT	+0.0007%	8h	798.45	−0.161%	$35.9M	$57.0M	75x	as long as short
Variational Omni BNB	+0.0008%	8h	797.92	−0.228%	$4.1M	$5.1M	—	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	798.13	−0.201%	$9.7M	—	150x	as long as short
Phemex BNBUSDT	+0.0028%	8h	798.76	−0.122%	$69.8M	$50.1M	50x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+0.669%	$19K	$789K	30x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BNB-USDT	+0.0035%	8h	798.88	−0.107%	—	$35.0M	—	as long as short
Coinbase International BNB-PERP-INTX	+0.0048%	1h	799.07	−0.084%	$615K	$1.1M	50x	as long as short
Aster BNBUSDT	+0.0049%	8h	798.92	−0.103%	$6.1M	$19.4M	200x	as long as short
Bybit BNBUSDT	+0.0069%	8h	798.72	−0.127%	$138.7M	$76.0M	75x	as long as short
MEXC BNB_USDT	+0.0072%	8h	799.80	+0.008%	$83.2M	$13.7M	200x	as long as short
Binance BNBUSDT	+0.0072%	8h	799.51	−0.029%	$496.6M	$809.2M	75x	as long as short
Lighter BNB	+0.0096%	1h	799.04	−0.087%	$2.8M	$4.0M	20x	as long as short
Phoenix BNB	+0.0099%	1h	800.04	+0.038%	$172K	$36K	10x	as long as short
Nado BNB-PERP	+0.0100%	1h	798.20	−0.192%	$1.5M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	799.06	−0.085%	$1.2M	$937K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	798.50	−0.155%	$54.2M	$110.7M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	799.10	−0.080%	$53K	$127K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	798.52	−0.152%	$27.9M	$10.0M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	798.35	−0.174%	$78.2M	$28.0M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	799.52	−0.027%	$4.2M	$76.9M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	799.37	−0.046%	$161K	$435K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	798.21	−0.191%	$113K	$884K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	798.15	−0.199%	$386K	$459K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	798.23	−0.188%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	798.92	−0.103%	$13K	$1.6M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	798.30	−0.180%	$392K	$995K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	798.13	−0.202%	$8.2M	$8.3M	75x	as long as short
Paradex BNB-USD-PERPshort	+0.0100%	8h	799.43	−0.038%	$78K	$18K	50x
Extended BNB-USD	+0.0104%	1h	798.37	−0.171%	$1.8M	$6.0M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	798.14	−0.200%	$383K	$110K	10x	as long as short
Bulk BNB-USD	+0.0138%	1h	797.80	−0.242%	$648K	$10K	10x	as long as short
RISEx BNB/USDC	+0.0155%	1h	798.80	−0.117%	$1.1M	$1.4M	20x	as long as short
Kalshi KXBNBPERP	+0.0162%	8h	798.80	−0.117%	$90K	$2.8M	4.8x	as long as short
dYdX BNB-USD	+0.0190%	1h	798.50	−0.155%	$161K	$63K	10x	as long as short
BloFin BNB-USDT	+0.0193%	8h	798.69	−0.131%	$18.1M	$2.5M	75x	as long as short
01 Exchange BNBUSD	+0.0200%	1h	798.83	−0.114%	$28K	$1K	10x	as long as short
Hyperliquid BNB	+0.0289%	1h	799.49	−0.032%	$53.1M	$20.3M	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	798.60	−0.143%	$1.6M	$161K	25x	as long as short
Hibachi BNB/USDT-P	+0.0320%	1h	799.02	−0.090%	$68K	$38K	12x	as long as short
Reya BNBRUSDPERP	+0.0330%	1h	798.06	−0.210%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0428%	1h	798.98	−0.095%	$2.7M	$5.7M	40x	as long as short