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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0023%/8h= −2.5% APRpaid last 24h +0.093%
Price spread now: dYdX against Paradex−0.084%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 dYdX is 0.084% cheaper against Paradex than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex BNB-USD-PERP787.230.0100pay 0.0100% / 8h3h 01m$76K$17K50x
ShortdYdX BNB-USD786.570.0077get 0.0010% / 1h1m 18s$159K$61K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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

Funding earned
−$4.79
Price spread: −0.084% → 0.000%
−$8.43
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$27.22
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; dYdX: live order book, 53 min ago. 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 Paradex no order-book sample
Sell dYdX live order book, 53 min ago9.99 bp17.2 bp −$1755.0 bp −$550113.1 bp −$11.3K168.7 bp −$84.3K
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0192% / S +0.0356%1h787.00−0.030%$46K200xas long as short
Kraken Futures PF_BNBUSD−0.0124%1h786.71−0.067%$2.5M$1.2M50xas long as short
Hotstuff BNB-PERP−0.0080%1h787.31+0.010%$4K$4225xas long as short
Kalshi KXBNBPERP0.0000%8h787.20−0.004%$122K$2.7M4.8xas long as short
StandX BNB-USD0.0000%1h787.31+0.010%$849K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h787.00−0.029%$9.5M150xas long as short
Aster BNBUSDT+0.0023%8h787.68+0.057%$6.1M$19.1M200xas long as short
BingX BNB-USDT+0.0033%8h787.21−0.003%$22.3Mas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.269%$19K$789K30xas long as short
MEXC BNB_USDT+0.0044%8h788.20+0.123%$79.9M$12.1M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0044%8h787.79+0.071%$490.3M$804.4M75xas long as short
Phemex BNBUSDT+0.0049%8h787.27+0.005%$68.9M$50.7M50xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h787.21−0.003%$579K$1.9M50xas long as short
dYdX BNB-USDshort+0.0077%1h786.57−0.084%$159K$61K10x
Phoenix BNB+0.0092%1h787.26+0.004%$169K$35K10xas long as short
Lighter BNB+0.0096%1h786.88−0.044%$2.7M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.08−0.019%$265K$491K50xas long as short
Nado BNB-PERP+0.0100%1h786.55−0.086%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h787.73+0.064%$51.7M$17.5M10xas long as short
Pacifica BNB+0.0100%1h787.11−0.015%$1.2M$934K20xas long as short
Bybit BNBUSDT+0.0100%8h787.00−0.029%$138.3M$74.1M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h786.90−0.042%$53.5M$111.5M50xas long as short
Arcus BNB-USD+0.0100%1h787.20−0.004%$52K$133K10xas long as short
Gate BNB_USDT+0.0100%8h787.00−0.029%$36.2M$58.5M75xas long as short
KuCoin BNBUSDTM+0.0100%8h786.72−0.065%$27.6M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h786.73−0.063%$76.1M$30.7M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h787.07−0.020%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h787.11−0.015%$4.1M$4.6Mas long as short
edgeX BNBUSDC+0.0100%4h787.45+0.028%$4.1M$74.5M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h787.41+0.023%$158K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h786.99−0.030%$132K$956K10xas long as short
Derive BNB-PERP+0.0100%1h787.14−0.011%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h787.22−0.001%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h786.90−0.042%$387K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h786.75−0.062%$8.1M$9.7M75xas long as short
Paradex BNB-USD-PERPlong+0.0100%8h787.23long leg$76K$17K50x
Extended BNB-USD+0.0104%1h786.74−0.062%$1.8M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h787.28+0.006%$378K$110K10xas long as short
BloFin BNB-USDT+0.0164%8h787.38+0.019%$17.7M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0185%8h787.96+0.093%$2.9M$28.9M10xas long as short
Bulk BNB-USD+0.0223%1h788.23+0.127%$639K$10K10xas long as short
01 Exchange BNBUSD+0.0248%1h787.77+0.069%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h787.17−0.007%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0324%1h786.80−0.054%$6K$3K40xas long as short
RISEx BNB/USDC+0.0431%1h787.31+0.010%$1.1M$907K20xas long as short
Hibachi BNB/USDT-P+0.0440%1h786.89−0.043%$67K$39K12xas long as short