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% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Paradex against Orderly+0.058%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 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 0.058% dearer against Orderly than usual: you sell high and buy low, +$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_BNB_USDC799.460.0100pay 0.0100% / 8h0m 54s$386K$494K50x
ShortParadex BNB-USD-PERP799.920.0100get 0.0100% / 8h0m 54s$78K$19K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Orderly. 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
Price spread: +0.058% → 0.000%
$5.8
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$4.2
Costs to cover
0.100%
Break-even
15263.9 days
Slippage unknown: Orderly: no order-book sample; 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 Orderly no order-book sample
Sell Paradex no order-book sample
Orderly and 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%1h799.37−0.011%$47K200xas long as short
Hotstuff BNB-PERP−0.0080%1h799.62+0.020%$4K$1K25xas long as short
Kraken Futures PF_BNBUSD−0.0074%1h799.42−0.005%$2.5M$975K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h798.72−0.092%$3.0M$27.7M10xas long as short
StandX BNB-USD0.0000%1h799.71+0.031%$864K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h799.38−0.010%$9.7M150xas long as short
Variational Omni BNB+0.0009%8h798.84−0.077%$4.1M$5.4Mas long as short
BingX BNB-USDT+0.0030%8h799.42−0.005%$35.2Mas long as short
Bybit BNBUSDT+0.0040%8h799.20−0.033%$138.8M$76.9M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h798.68−0.098%$602K$985K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0077%8h800.00+0.068%$6.2M$19.3M200xas long as short
Phemex BNBUSDT+0.0092%8h800.10+0.080%$70.0M$50.7M50xas long as short
Lighter BNB+0.0096%1h799.81+0.043%$2.8M$4.1M20xas long as short
Binance BNBUSDT+0.0097%8h799.91+0.056%$497.9M$818.8M75xas long as short
MEXC BNB_USDT+0.0098%8h800.30+0.105%$83.2M$13.6M200xas long as short
Nado BNB-PERP+0.0100%1h798.95−0.064%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h799.51+0.006%$1.2M$925K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h799.20−0.033%$54.4M$112.8M50xas long as short
Arcus BNB-USD+0.0100%1h799.40−0.008%$53K$133K10xas long as short
Gate BNB_USDT+0.0100%8h799.30−0.020%$35.7M$58.8M75xas long as short
KuCoin BNBUSDTM+0.0100%8h799.30−0.020%$28.0M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h799.11−0.044%$78.9M$27.6M75xas long as short
edgeX BNBUSDC+0.0100%4h799.62+0.020%$4.2M$76.4M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h799.34−0.015%$161K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h799.20−0.033%$116K$872K10xas long as short
Orderly PERP_BNB_USDClong+0.0100%8h799.46long leg$386K$494K50x
Derive BNB-PERP+0.0100%1h799.65+0.024%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h799.77+0.039%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h799.70+0.030%$393K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h799.44−0.003%$8.2M$8.1M75xas long as short
Paradex BNB-USD-PERPshort+0.0100%8h799.92+0.058%$78K$19K50x
Extended BNB-USD+0.0104%1h798.99−0.058%$1.8M$6.6M50xas long as short
Aevo BNB-PERP+0.0104%1h799.64+0.022%$384K$40K10xas long as short
Phoenix BNB+0.0127%1h798.37−0.136%$172K$36K10xas long as short
Hibachi BNB/USDT-P+0.0152%1h799.11−0.044%$70K$43K12xas long as short
Kalshi KXBNBPERP+0.0155%8h799.80+0.043%$90K$2.9M4.8xas long as short
Bulk BNB-USD+0.0191%1h798.83−0.079%$649K$17K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h800.02+0.070%$1.6M$165K25xas long as short
BloFin BNB-USDT+0.0217%8h800.12+0.083%$18.1M$2.5M75xas long as short
Hyperliquid BNB+0.0250%1h800.39+0.116%$52.6M$20.8M10xas long as short
RISEx BNB/USDC+0.0258%1h799.34−0.016%$1.1M$1.4M20xas long as short
01 Exchange BNBUSD+0.0264%1h799.73+0.034%$28K$1K10xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.704%$19K$789K30xas long as short
Backpack BNB_USDC_PERP+0.0312%1h799.90+0.055%$2.7M$5.7M40xas long as short
dYdX BNB-USD+0.0329%1h798.88−0.073%$161K$63K10xas long as short
Reya BNBRUSDPERP+0.0331%1h798.91−0.069%$6K$3K40xas long as short