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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0093%/8h= −10.1% APRpaid last 24h −0.028%
Price spread now: gTrade (Gains Network) against Paradex−0.059%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 3 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 −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.059% cheaper against Paradex than usual: you would sell low and buy high (−$6 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-PERP801.930.0100pay 0.0100% / 8h1h 29m$78K$19K50x
ShortgTrade (Gains Network) BNB/USD801.46L +0.0008% / S −0.0007%get 0.0001% / 1h29m 01s$9.7M150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$19.45
Price spread: −0.059% → 0.000%
−$5.91
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$39.37
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 5 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 gTrade (Gains Network) virtual book (oracle venue), 5 min ago130.01 bp135.0 bp −$135135.0 bp −$1,350484.2 bp −$48.4K3301.4 bp −$1.65M
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%1h801.45−0.060%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h801.22−0.088%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h801.73−0.025%$3.0M$29.5M10xas long as short
Kalshi KXBNBPERP0.0000%8h801.90−0.004%$158K$2.8M4.8xas long as short
StandX BNB-USD0.0000%1h802.20+0.034%$867K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDshortL +0.0008% / S −0.0007%1h801.46−0.059%$9.7M150x
Variational Omni BNB+0.0040%8h800.85−0.135%$4.1M$5.3Mas long as short
BingX BNB-USDT+0.0067%8h801.68−0.031%$35.0Mas long as short
Bybit BNBUSDT+0.0081%8h801.20−0.091%$139.6M$83.0M75xas long as short
Lighter BNB+0.0096%1h801.89−0.005%$2.8M$4.2M20xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0096%1h801.17−0.095%$610K$1.0M50xas long as short
Aster BNBUSDT+0.0099%8h802.19+0.033%$6.4M$19.3M200xas long as short
Nado BNB-PERP+0.0100%1h801.07−0.107%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h801.68−0.031%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h801.50−0.054%$54.9M$117.5M50xas long as short
Arcus BNB-USD+0.0100%1h801.90−0.004%$53K$170K10xas long as short
Gate BNB_USDT+0.0100%8h801.50−0.054%$35.8M$58.1M75xas long as short
KuCoin BNBUSDTM+0.0100%8h801.44−0.061%$28.0M$10.6M75xas long as short
Bitget BNBUSDT+0.0100%8h801.38−0.068%$81.0M$26.8M75xas long as short
edgeX BNBUSDC+0.0100%4h802.78+0.106%$4.2M$77.4M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h802.46+0.066%$161K$441K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h801.33−0.075%$121K$880K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h801.48−0.056%$387K$592K50xas long as short
Derive BNB-PERP+0.0100%1h801.73−0.025%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h801.90−0.003%$12K$1.7M50xas long as short
HTX BNB-USDT+0.0100%8h801.31−0.077%$8.2M$7.9M75xas long as short
Paradex BNB-USD-PERPlong+0.0100%8h801.93long leg$78K$19K50x
Extended BNB-USD+0.0104%1h801.29−0.080%$1.8M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h801.74−0.023%$385K$40K10xas long as short
MEXC BNB_USDT+0.0118%8h802.70+0.096%$83.4M$13.8M200xas long as short
Binance BNBUSDT+0.0119%8h802.24+0.039%$504.3M$829.6M75xas long as short
Phemex BNBUSDT+0.0127%8h802.12+0.024%$70.0M$51.7M50xas long as short
SoDEX BNB-USD+0.0128%1h801.70−0.029%$394K$1.0M10xas long as short
Hibachi BNB/USDT-P+0.0152%1h801.23−0.087%$71K$48K12xas long as short
Phoenix BNB+0.0155%1h801.68−0.031%$172K$35K10xas long as short
dYdX BNB-USD+0.0166%1h801.39−0.067%$162K$62K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h801.94+0.002%$1.6M$165K25xas long as short
Kraken Futures PF_BNBUSD+0.0206%1h801.50−0.053%$2.6M$983K50xas long as short
BloFin BNB-USDT+0.0239%8h802.15+0.028%$18.5M$2.6M75xas long as short
Hyperliquid BNB+0.0277%1h802.49+0.070%$51.9M$22.3M10xas long as short
Injective BNB/USDC PERP+0.0311%1h805.09+0.394%$19K$789K30xas long as short
RISEx BNB/USDC+0.0318%1h801.74−0.024%$1.1M$1.4M20xas long as short
Reya BNBRUSDPERP+0.0333%1h801.12−0.100%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0336%1h802.25+0.040%$28K$1K10xas long as short
Bulk BNB-USD+0.0354%1h801.59−0.043%$651K$21K10xas long as short
Backpack BNB_USDC_PERP+0.0665%1h802.58+0.081%$3.0M$5.5M40xas long as short