Funding you earn now, next payment 08:00 UTC+0.0037%/8h= +4.0% APRnext payment +$0.37 per $10,000 · paid last 24h −0.030%
Price spread now: GRVT against Paradex+0.180%7-day average — · you sell dearer than you buy
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
=Together, before fees—+ Points / potential airdropParadex: Active · GRVT: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and GRVT is 0.180% dearer against Paradex than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex BNB-USD-PERP | 789.77 | 0.0101 | pay 0.0101% / 8h | 4h 49m | $77K | $17K | 50x |
| Short | GRVT BNB_USDT_Perp | 791.19 | 0.0138 | get 0.0138% / 8h | 4h 49m | $3.0M | $28.0M | 10x |
Paradex BNB-USD-PERP
GRVT BNB_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $7.73
- Price spread: +0.180% → 0.000%
- $17.97
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $12.7
- Costs to cover
- 0.130%
- Break-even
- from the start
Slippage unknown: Paradex: no order-book sample; GRVT: live order book, 5 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 GRVT live order book, 5 min ago | 0.06 bp | 5.1 bp −$5 | 6.7 bp −$67 | doesn't fit | doesn't fit |
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 −0.0183% / S +0.0348% | 1h | 788.66 | −0.140% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 790.46 | +0.087% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 790.15 | +0.048% | $854K | $3.2M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 788.66 | −0.140% | $9.5M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +1.940% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0043% | 8h | 789.38 | −0.049% | $6.1M | $18.7M | 200x | as long as short |
| BingX BNB-USDT | +0.0056% | 8h | 788.89 | −0.112% | — | $34.3M | — | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0064% | 1h | 790.64 | +0.110% | $583K | $1.9M | 50x | as long as short |
| Binance BNBUSDT | +0.0068% | 8h | 789.24 | −0.067% | $492.4M | $789.4M | 75x | as long as short |
| MEXC BNB_USDT | +0.0068% | 8h | 789.60 | −0.022% | $80.1M | $12.2M | 200x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
Aster BNBUSDT
BingX BNB-USDT
Coinbase International BNB-PERP-INTX
Binance BNBUSDT
MEXC BNB_USDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex BNBUSDT | +0.0071% | 8h | 789.95 | +0.023% | $69.1M | $50.0M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 789.24 | −0.067% | $2.7M | $3.8M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 788.71 | −0.134% | $265K | $498K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 788.85 | −0.117% | $1.5M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 789.41 | −0.046% | $51.8M | $17.5M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 789.23 | −0.068% | $1.2M | $931K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 788.38 | −0.176% | $138.7M | $74.9M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 788.50 | −0.161% | $53.3M | $111.2M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 789.10 | −0.085% | $52K | $130K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 788.65 | −0.142% | $35.4M | $56.5M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 789.03 | −0.094% | $27.6M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 788.34 | −0.181% | $76.3M | $30.4M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 789.49 | −0.036% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 789.11 | −0.083% | $4.1M | $4.6M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 790.98 | +0.154% | $4.1M | $74.4M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 789.75 | −0.003% | $159K | $441K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 788.65 | −0.142% | $133K | $952K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 788.77 | −0.127% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 789.44 | −0.041% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 789.40 | −0.047% | $388K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 789.95 | +0.023% | $8.1M | $9.3M | 75x | as long as short |
| Paradex BNB-USD-PERPlong | +0.0101% | 8h | 789.77 | long leg | $77K | $17K | 50x | |
| Extended BNB-USD | +0.0104% | 1h | 788.14 | −0.207% | $1.8M | $5.9M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 788.76 | −0.127% | $379K | $110K | 10x | as long as short |
| dYdX BNB-USD | +0.0114% | 1h | 789.06 | −0.090% | $160K | $64K | 10x | as long as short |
| Phoenix BNB | +0.0117% | 1h | 790.37 | +0.076% | $170K | $35K | 10x | as long as short |
| GRVT BNB_USDT_Perpshort | +0.0138% | 8h | 791.19 | +0.180% | $3.0M | $28.0M | 10x | |
| Kalshi KXBNBPERP | +0.0183% | 8h | 790.30 | +0.067% | $113K | $2.7M | 4.8x | as long as short |
| BloFin BNB-USDT | +0.0188% | 8h | 789.97 | +0.025% | $18.2M | $2.2M | 75x | as long as short |
| 01 Exchange BNBUSD | +0.0224% | 1h | 789.28 | −0.062% | $28K | $4K | 10x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0264% | 1h | 788.60 | −0.148% | $2.5M | $1.2M | 50x | as long as short |
| Bulk BNB-USD | +0.0296% | 1h | 791.64 | +0.237% | $641K | $9K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 789.06 | −0.090% | $1.5M | $143K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0326% | 1h | 788.40 | −0.173% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0461% | 1h | 789.23 | −0.069% | $1.1M | $975K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0536% | 1h | 789.67 | −0.013% | $67K | $38K | 12x | as long as short |
Phemex BNBUSDT
Lighter BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Extended BNB-USD
Aevo BNB-PERP
dYdX BNB-USD
Phoenix BNB
Kalshi KXBNBPERP
BloFin BNB-USDT
01 Exchange BNBUSD
Kraken Futures PF_BNBUSD
Bulk BNB-USD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P