BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0059%/8h= −6.4% APRnext payment −$0.59 per $10,000 · paid last 24h +0.003%

Price spread now: Binance against Paradex+0.031%7-day average — · you sell dearer than you buy

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

Long on Paradex Short on Binance

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

The price spread pays, funding is against you. Binance is 0.031% dearer against Paradex than usual: you sell high and buy low (spread +0.031% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 42 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex BNB-USD-PERP	787.28	0.0100	pay 0.0100% / 8h	3h 10m	$76K	$17K	50x
Short	Binance BNBUSDT	787.53	0.0041	get 0.0041% / 8h	3h 10m	$490.8M	$802.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Paradex. 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 ParadexbpFee BinancebpOrdersPrice spread, now +0.031%Rate

Funding earned: −$12.35
Price spread: +0.031% → 0.000%: $3.12
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Binance: 5 bp × 2 orders: −$10
Net: −$23.24
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Binance: live order book, 3 min ago. 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 Paradex no order-book sample	—	—	—	—	—
Sell Binance live order book, 3 min ago	0.06 bp	5.1 bp −$5	6.9 bp −$69	14.8 bp −$1,482	31.0 bp −$15.5K

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 −0.0192% / S +0.0356%	1h	787.22	−0.008%	$46K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0124%	1h	787.21	−0.010%	$2.5M	$1.2M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	787.35	+0.009%	$4K	$42	25x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	788.20	+0.117%	$124K	$2.7M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	788.16	+0.112%	$850K	$3.1M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	787.19	−0.012%	$9.5M	—	150x	as long as short
Aster BNBUSDT	+0.0021%	8h	787.51	+0.029%	$6.1M	$18.8M	200x	as long as short
BingX BNB-USDT	+0.0033%	8h	787.01	−0.035%	—	$22.3M	—	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.262%	$19K	$789K	30x	as long as short
Phemex BNBUSDT	+0.0038%	8h	787.74	+0.058%	$68.9M	$50.8M	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BNB_USDT	+0.0041%	8h	787.90	+0.078%	$79.9M	$12.0M	200x	as long as short
Binance BNBUSDTshort	+0.0041%	8h	787.53	+0.031%	$490.8M	$802.6M	75x
Coinbase International BNB-PERP-INTX	+0.0072%	1h	788.00	+0.091%	$579K	$1.9M	50x	as long as short
dYdX BNB-USD	+0.0078%	1h	787.24	−0.005%	$159K	$63K	10x	as long as short
Phoenix BNB	+0.0092%	1h	787.74	+0.058%	$169K	$35K	10x	as long as short
Lighter BNB	+0.0096%	1h	787.10	−0.023%	$2.7M	$3.9M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	787.32	+0.005%	$265K	$492K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	787.35	+0.009%	$1.5M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	787.48	+0.025%	$51.6M	$17.5M	10x	as long as short
Pacifica BNB	+0.0100%	1h	787.17	−0.014%	$1.2M	$934K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	786.75	−0.068%	$138.3M	$74.0M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	786.80	−0.061%	$53.4M	$111.6M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	787.10	−0.023%	$52K	$133K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	786.85	−0.055%	$36.1M	$58.1M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	786.67	−0.078%	$27.5M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	786.47	−0.103%	$76.1M	$30.6M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	787.49	+0.026%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	787.00	−0.035%	$4.1M	$4.6M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	787.75	+0.059%	$4.1M	$74.1M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	787.52	+0.030%	$159K	$441K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	787.14	−0.018%	$132K	$955K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	787.37	+0.011%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	787.92	+0.081%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	787.40	+0.015%	$387K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	787.36	+0.010%	$8.1M	$9.7M	75x	as long as short
Paradex BNB-USD-PERPlong	+0.0100%	8h	787.28	long leg	$76K	$17K	50x
Extended BNB-USD	+0.0104%	1h	786.48	−0.102%	$1.8M	$6.3M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	787.33	+0.006%	$378K	$110K	10x	as long as short
BloFin BNB-USDT	+0.0161%	8h	787.93	+0.082%	$17.8M	$2.2M	75x	as long as short
GRVT BNB_USDT_Perp	+0.0178%	8h	787.99	+0.090%	$2.9M	$28.7M	10x	as long as short
Bulk BNB-USD	+0.0201%	1h	787.88	+0.076%	$639K	$10K	10x	as long as short
01 Exchange BNBUSD	+0.0240%	1h	787.41	+0.016%	$28K	$4K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	787.70	+0.053%	$1.5M	$143K	25x	as long as short
Reya BNBRUSDPERP	+0.0324%	1h	787.00	−0.035%	$6K	$3K	40x	as long as short
Hibachi BNB/USDT-P	+0.0424%	1h	787.38	+0.012%	$67K	$39K	12x	as long as short
RISEx BNB/USDC	+0.0431%	1h	787.15	−0.017%	$1.1M	$894K	20x	as long as short