Funding you earn now, next payment 23:00 UTC−0.0044%/8h= −4.8% APRpaid last 24h −0.059%
Price spread now: Paradex against Hyperliquid−0.014%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
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · Paradex: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid BNB | 805.65 | 0.0144 | pay 0.0018% / 1h | 50m 55s | $51.8M | $22.0M | 10x |
| Short | Paradex BNB-USD-PERP | 805.53 | 0.0100 | get 0.0100% / 8h | 1h 50m | $79K | $19K | 50x |
Hyperliquid BNB
Paradex BNB-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Hyperliquid. 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
- −$9.21
- Price spread: −0.014% → 0.000%
- −$1.44
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$23.65
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 13 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 Hyperliquid live order book, 13 min ago | 0.06 bp | 5.9 bp −$6 | doesn't fit | 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 −0.0195% / S +0.0371% | 1h | 804.97 | −0.085% | $49K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 805.32 | −0.041% | $4K | $1K | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 806.78 | +0.140% | $3.0M | $29.4M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 805.60 | −0.006% | $108K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 805.28 | −0.046% | $870K | $2.8M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 805.01 | −0.080% | $9.8M | — | 150x | as long as short |
| Hibachi BNB/USDT-P | +0.0040% | 1h | 805.13 | −0.065% | $71K | $48K | 12x | as long as short |
| Variational Omni BNB | +0.0044% | 8h | 805.28 | −0.046% | $4.1M | $5.3M | — | as long as short |
| BingX BNB-USDC | +0.0056% | 8h | 805.39 | −0.032% | — | $13.3M | — | as long as short |
| Bybit BNBUSDT | +0.0083% | 8h | 805.03 | −0.077% | $139.4M | $82.0M | 75x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Hibachi BNB/USDT-P
Variational Omni BNB
BingX BNB-USDC
Bybit BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter BNB | +0.0096% | 1h | 805.26 | −0.049% | $2.8M | $4.2M | 20x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0096% | 1h | 805.76 | +0.014% | $608K | $882K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 804.45 | −0.149% | $1.5M | $2.8M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 805.12 | −0.066% | $1.2M | $925K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 805.20 | −0.056% | $55.1M | $116.2M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 805.20 | −0.056% | $53K | $170K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 805.30 | −0.043% | $36.2M | $57.2M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 804.92 | −0.091% | $28.2M | $10.5M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 805.14 | −0.063% | $78.7M | $25.0M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 805.71 | +0.007% | $4.2M | $76.4M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 805.60 | −0.006% | $162K | $439K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 804.65 | −0.124% | $116K | $870K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 804.98 | −0.083% | $389K | $592K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 805.26 | −0.049% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 805.23 | −0.052% | $13K | $1.7M | 50x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 804.83 | −0.102% | $8.2M | $7.6M | 75x | as long as short |
| Paradex BNB-USD-PERPshort | +0.0100% | 8h | 805.53 | −0.014% | $79K | $19K | 50x | |
| Aster BNBUSDT | +0.0101% | 8h | 805.57 | −0.010% | $6.4M | $18.8M | 200x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 804.55 | −0.137% | $1.9M | $6.0M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 805.08 | −0.071% | $387K | $40K | 10x | as long as short |
| MEXC BNB_USDT | +0.0117% | 8h | 806.00 | +0.043% | $84.6M | $13.3M | 200x | as long as short |
| Binance BNBUSDT | +0.0118% | 8h | 806.03 | +0.047% | $520.8M | $805.6M | 75x | as long as short |
| Phemex BNBUSDT | +0.0137% | 8h | 805.59 | −0.007% | $70.3M | $51.9M | 50x | as long as short |
| Hyperliquid BNBlong | +0.0144% | 1h | 805.65 | long leg | $51.8M | $22.0M | 10x | |
| SoDEX BNB-USD | +0.0151% | 1h | 805.00 | −0.081% | $396K | $1.0M | 10x | as long as short |
| Phoenix BNB | +0.0155% | 1h | 805.39 | −0.032% | $173K | $35K | 10x | as long as short |
| dYdX BNB-USD | +0.0166% | 1h | 805.13 | −0.065% | $162K | $63K | 10x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0205% | 1h | 805.12 | −0.066% | $2.5M | $932K | 50x | as long as short |
| BloFin BNB-USDT | +0.0238% | 8h | 805.41 | −0.030% | $18.8M | $3.1M | 75x | as long as short |
| Bulk BNB-USD | +0.0274% | 1h | 805.55 | −0.012% | $651K | $14K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 805.48 | −0.022% | $1.6M | $165K | 25x | as long as short |
| Injective BNB/USDC PERP | +0.0311% | 1h | 805.09 | −0.070% | $19K | $789K | 30x | as long as short |
| RISEx BNB/USDC | +0.0318% | 1h | 805.05 | −0.075% | $1.1M | $1.4M | 20x | as long as short |
| Reya BNBRUSDPERP | +0.0333% | 1h | 804.28 | −0.170% | $6K | $3K | 40x | as long as short |
| 01 Exchange BNBUSD | +0.0344% | 1h | 805.56 | −0.011% | $28K | $1K | 10x | as long as short |
| Backpack BNB_USDC_PERP | +0.0713% | 1h | 806.03 | +0.047% | $3.0M | $5.5M | 40x | as long as short |
Lighter BNB
Coinbase International BNB-PERP-INTX
Nado BNB-PERP
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
HTX BNB-USDT
Aster BNBUSDT
Extended BNB-USD
Aevo BNB-PERP
MEXC BNB_USDT
Binance BNBUSDT
Phemex BNBUSDT
SoDEX BNB-USD
Phoenix BNB
dYdX BNB-USD
Kraken Futures PF_BNBUSD
BloFin BNB-USDT
Bulk BNB-USD
Deribit BNB_USDC-PERPETUAL
Injective BNB/USDC PERP
RISEx BNB/USDC
Reya BNBRUSDPERP
01 Exchange BNBUSD
Backpack BNB_USDC_PERP