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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0024%/8h= −2.6% APRnext payment $0.24 per $10,000 · paid last 24h −0.010%
Price spread now: Paradex against MEXC−0.026%7-day average · you buy dearer than you sell
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 airdropParadex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Paradex is 0.026% cheaper against MEXC than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BNB_USDT803.400.0124pay 0.0124% / 8h47m 38s$83.5M$13.5M200x
ShortParadex BNB-USD-PERP803.190.0100get 0.0100% / 8h47m 38s$78K$19K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against MEXC. 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
−$5.03
Price spread: −0.026% → 0.000%
−$2.6
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$15.63
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 1 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 MEXC live order book, 1 min ago1.24 bp3.5 bp −$47.5 bp −$7524.2 bp −$2,41744.1 bp −$22.1K
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 −0.0201% / S +0.0372%1h802.75−0.080%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h803.14−0.032%$4K$1K25xas long as short
Kraken Futures PF_BNBUSD−0.0074%1h802.78−0.077%$2.6M$969K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h803.04−0.045%$3.0M$28.1M10xas long as short
StandX BNB-USD0.0000%1h803.39−0.001%$868K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h802.82−0.073%$9.8M150xas long as short
Variational Omni BNB+0.0029%8h802.05−0.168%$4.2M$5.4Mas long as short
BingX BNB-USDC+0.0053%8h802.78−0.077%$13.3Mas long as short
Bybit BNBUSDT+0.0063%8h802.20−0.149%$139.4M$78.6M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h800.72−0.334%$607K$995K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BNB+0.0096%1h803.12−0.035%$2.8M$4.1M20xas long as short
Nado BNB-PERP+0.0100%1h802.45−0.118%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h802.91−0.061%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h802.30−0.137%$54.7M$113.6M50xas long as short
Arcus BNB-USD+0.0100%1h802.90−0.062%$53K$133K10xas long as short
Gate BNB_USDT+0.0100%8h802.35−0.131%$35.9M$57.7M75xas long as short
KuCoin BNBUSDTM+0.0100%8h802.48−0.115%$28.1M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h802.15−0.156%$79.6M$27.4M75xas long as short
edgeX BNBUSDC+0.0100%4h803.14−0.032%$4.2M$77.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h802.77−0.078%$162K$442K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h802.70−0.087%$119K$874K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h802.75−0.081%$388K$497K50xas long as short
Derive BNB-PERP+0.0100%1h802.99−0.051%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h803.48+0.009%$13K$1.7M50xas long as short
HTX BNB-USDT+0.0100%8h802.87−0.066%$8.2M$7.9M75xas long as short
Paradex BNB-USD-PERPshort+0.0100%8h803.19−0.026%$78K$19K50x
Aster BNBUSDT+0.0104%8h803.25−0.019%$6.3M$19.0M200xas long as short
Extended BNB-USD+0.0104%1h802.05−0.168%$1.9M$6.4M50xas long as short
Aevo BNB-PERP+0.0104%1h802.81−0.073%$386K$40K10xas long as short
Phemex BNBUSDT+0.0111%8h803.39−0.001%$70.2M$51.0M50xas long as short
Kalshi KXBNBPERP+0.0113%8h803.30−0.012%$110K$2.9M4.8xas long as short
MEXC BNB_USDTlong+0.0124%8h803.40long leg$83.5M$13.5M200x
Binance BNBUSDT+0.0125%8h803.16−0.030%$502.3M$817.8M75xas long as short
Phoenix BNB+0.0127%1h803.03−0.046%$173K$36K10xas long as short
SoDEX BNB-USD+0.0151%1h802.90−0.062%$395K$1.0M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h803.22−0.022%$1.6M$165K25xas long as short
Hibachi BNB/USDT-P+0.0240%1h802.75−0.081%$71K$49K12xas long as short
BloFin BNB-USDT+0.0245%8h803.14−0.032%$18.2M$2.6M75xas long as short
Hyperliquid BNB+0.0253%1h803.49+0.011%$52.0M$21.4M10xas long as short
RISEx BNB/USDC+0.0258%1h802.78−0.077%$1.1M$1.4M20xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.210%$19K$789K30xas long as short
Bulk BNB-USD+0.0309%1h803.58+0.022%$653K$20K10xas long as short
Reya BNBRUSDPERP+0.0332%1h802.35−0.130%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0345%1h803.65+0.031%$2.7M$5.7M40xas long as short
01 Exchange BNBUSD+0.0384%1h803.34−0.007%$28K$1K10xas long as short
dYdX BNB-USD+0.0470%1h802.89−0.064%$162K$62K10xas long as short