Funding you earn now, next payment 00:00 UTC−0.0023%/8h= −2.5% APRnext payment −$0.23 per $10,000 · paid last 24h −0.003%
Price spread now: Bybit against Paradex−0.137%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
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.137% cheaper against Paradex than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex BNB-USD-PERP | 805.00 | 0.0100 | pay 0.0100% / 8h | 2h 34m | $79K | $19K | 50x |
| Short | Bybit BNBUSDT | 803.90 | 0.0077 | get 0.0077% / 8h | 2h 34m | $139.4M | $82.8M | 75x |
Paradex BNB-USD-PERP
Bybit BNBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Paradex. 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
- −$4.87
- Price spread: −0.137% → 0.000%
- −$13.66
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$33.53
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Bybit: live order book, 4 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 Bybit live order book, 4 min ago | 0.62 bp | 6.4 bp −$6 | 8.7 bp −$87 | 27.8 bp −$2,775 | 154.6 bp −$77.3K |
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 | 803.47 | −0.190% | $48K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 804.57 | −0.053% | $4K | $1K | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 804.19 | −0.101% | $3.0M | $29.4M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 803.80 | −0.149% | $111K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 803.92 | −0.134% | $869K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 803.49 | −0.187% | $9.8M | — | 150x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0038% | 1h | 803.67 | −0.165% | $2.5M | $908K | 50x | as long as short |
| Variational Omni BNB | +0.0051% | 8h | 802.62 | −0.295% | $4.0M | $5.3M | — | as long as short |
| BingX BNB-USDT | +0.0057% | 8h | 804.35 | −0.081% | — | $34.5M | — | as long as short |
| Bybit BNBUSDTshort | +0.0077% | 8h | 803.90 | −0.137% | $139.4M | $82.8M | 75x |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Kraken Futures PF_BNBUSD
Variational Omni BNB
BingX BNB-USDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BNBUSDT | +0.0087% | 8h | 804.59 | −0.051% | $6.4M | $18.8M | 200x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0088% | 1h | 803.99 | −0.125% | $608K | $877K | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 804.23 | −0.095% | $2.8M | $4.2M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 803.12 | −0.234% | $1.4M | $2.8M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 804.47 | −0.066% | $1.2M | $923K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 804.30 | −0.087% | $55.1M | $115.5M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 804.30 | −0.087% | $52K | $162K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 804.15 | −0.106% | $35.9M | $58.5M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 803.95 | −0.130% | $28.2M | $10.5M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 803.95 | −0.130% | $79.1M | $24.5M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 803.02 | −0.246% | $4.2M | $76.8M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 804.17 | −0.103% | $159K | $439K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 803.39 | −0.200% | $118K | $868K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 803.55 | −0.180% | $388K | $593K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 803.64 | −0.168% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 803.90 | −0.137% | $13K | $1.7M | 50x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 803.35 | −0.205% | $8.2M | $7.4M | 75x | as long as short |
| Paradex BNB-USD-PERPlong | +0.0100% | 8h | 805.00 | long leg | $79K | $19K | 50x | |
| Extended BNB-USD | +0.0104% | 1h | 804.05 | −0.119% | $1.9M | $6.1M | 50x | as long as short |
| MEXC BNB_USDT | +0.0104% | 8h | 805.30 | +0.037% | $84.4M | $13.6M | 200x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 803.69 | −0.162% | $386K | $40K | 10x | as long as short |
| Binance BNBUSDT | +0.0105% | 8h | 804.91 | −0.011% | $519.2M | $802.9M | 75x | as long as short |
| Phemex BNBUSDT | +0.0124% | 8h | 804.15 | −0.106% | $70.1M | $51.7M | 50x | as long as short |
| Phoenix BNB | +0.0125% | 1h | 803.30 | −0.211% | $173K | $35K | 10x | as long as short |
| SoDEX BNB-USD | +0.0140% | 1h | 803.60 | −0.174% | $395K | $1.0M | 10x | as long as short |
| Hyperliquid BNB | +0.0151% | 1h | 804.57 | −0.053% | $51.7M | $21.3M | 10x | as long as short |
| Bulk BNB-USD | +0.0194% | 1h | 803.61 | −0.173% | $649K | $11K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 804.00 | −0.124% | $1.6M | $165K | 25x | as long as short |
| RISEx BNB/USDC | +0.0209% | 1h | 804.54 | −0.057% | $1.1M | $1.4M | 20x | as long as short |
| BloFin BNB-USDT | +0.0225% | 8h | 804.34 | −0.082% | $18.8M | $3.1M | 75x | as long as short |
| Hibachi BNB/USDT-P | +0.0248% | 1h | 803.30 | −0.211% | $71K | $48K | 12x | as long as short |
| dYdX BNB-USD | +0.0269% | 1h | 804.28 | −0.089% | $170K | $55K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0320% | 1h | 805.08 | +0.010% | $28K | $1K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0334% | 1h | 803.30 | −0.211% | $6K | $3K | 40x | as long as short |
| Injective BNB/USDC PERP | +0.0353% | 1h | 804.92 | −0.010% | $19K | $526K | 30x | as long as short |
| Backpack BNB_USDC_PERP | +0.0668% | 1h | 804.78 | −0.027% | $3.0M | $5.4M | 40x | as long as short |
Aster BNBUSDT
Coinbase International BNB-PERP-INTX
Lighter BNB
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
Extended BNB-USD
MEXC BNB_USDT
Aevo BNB-PERP
Binance BNBUSDT
Phemex BNBUSDT
Phoenix BNB
SoDEX BNB-USD
Hyperliquid BNB
Bulk BNB-USD
Deribit BNB_USDC-PERPETUAL
RISEx BNB/USDC
BloFin BNB-USDT
Hibachi BNB/USDT-P
dYdX BNB-USD
01 Exchange BNBUSD
Reya BNBRUSDPERP
Injective BNB/USDC PERP
Backpack BNB_USDC_PERP