Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Paradex−0.101%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
=Together, before fees—+ Points / potential airdropParadex: Active · Lighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.101% cheaper against Paradex than usual: you would sell low and buy high, −$10 on $10k if it 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 | 789.39 | 0.0100 | pay 0.0100% / 8h | 7h 14m | $78K | $47K | 50x |
| Short | Lighter BNB | 788.59 | 0.0096 | get 0.0012% / 1h | 14m 06s | $2.7M | $3.7M | 20x |
Paradex BNB-USD-PERP
Lighter BNBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$0.85
- Price spread: −0.101% → 0.000%
- −$10.09
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$14.93
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Lighter: 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 Lighter live order book, 3 min ago | 1.03 bp | 1.0 bp −$1 | 4.3 bp −$43 | 16.0 bp −$1,600 | 75.1 bp −$37.6K |
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 45 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 −0.0166% / S +0.0336% | 1h | 788.18 | −0.153% | $43K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 789.10 | −0.037% | $4K | — | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0021% | 1h | 788.50 | −0.113% | $2.5M | $1.2M | 50x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 787.88 | −0.191% | $3.0M | $27.0M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 789.37 | −0.002% | $851K | $2.7M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 788.42 | −0.123% | $9.5M | — | 150x | as long as short |
| Aster BNBUSDT | +0.0016% | 8h | 788.98 | −0.052% | $6.0M | $17.9M | 200x | as long as short |
| BingX BNB-USDT | +0.0028% | 8h | 788.52 | −0.110% | — | $22.1M | — | as long as short |
| MEXC BNB_USDT | +0.0033% | 8h | 790.20 | +0.103% | $83.0M | $12.3M | 200x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +1.989% | $19K | $789K | 30x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
Kraken Futures PF_BNBUSD
GRVT BNB_USDT_Perp
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Aster BNBUSDT
BingX BNB-USDT
MEXC BNB_USDT
Injective BNB/USDC PERPShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNBUSDT | +0.0034% | 8h | 788.82 | −0.072% | $488.9M | $799.0M | 75x | as long as short |
| Lighter BNBshort | +0.0096% | 1h | 788.59 | −0.101% | $2.7M | $3.7M | 20x | |
| Nado BNB-PERP | +0.0100% | 1h | 788.85 | −0.068% | $1.4M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 789.04 | −0.044% | $51.8M | $17.4M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 789.26 | −0.017% | $1.2M | $936K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 788.29 | −0.139% | $139.0M | $71.6M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 788.30 | −0.138% | $53.7M | $108.7M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 789.10 | −0.037% | $52K | $124K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 788.45 | −0.119% | $39.8M | $56.5M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 788.09 | −0.165% | $27.9M | $9.7M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 788.03 | −0.172% | $75.8M | $32.3M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 788.83 | −0.071% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 788.74 | −0.083% | $4.3M | $5.0M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 788.06 | −0.168% | $4.1M | $76.6M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 788.17 | −0.154% | $159K | $439K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 788.76 | −0.080% | $130K | $919K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 788.68 | −0.090% | $265K | $357K | 50x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 789.08 | −0.039% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 788.80 | −0.075% | $388K | $940K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 788.71 | −0.086% | $8.1M | $10.3M | 75x | as long as short |
| Paradex BNB-USD-PERPlong | +0.0100% | 8h | 789.39 | long leg | $78K | $47K | 50x | |
| Extended BNB-USD | +0.0104% | 1h | 788.29 | −0.139% | $1.8M | $5.8M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 788.56 | −0.104% | $379K | $110K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0108% | 8h | 789.50 | +0.014% | $159K | $2.6M | 4.8x | as long as short |
| Phemex BNBUSDT | +0.0120% | 8h | 788.89 | −0.063% | $68.7M | $51.3M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0120% | 1h | 788.70 | −0.087% | $551K | $2.0M | 50x | as long as short |
| Phoenix BNB | +0.0120% | 1h | 788.45 | −0.119% | $158K | $38K | 10x | as long as short |
| BloFin BNB-USDT | +0.0136% | 8h | 789.22 | −0.021% | $17.8M | $2.3M | 75x | as long as short |
| Bulk BNB-USD | +0.0154% | 1h | 788.26 | −0.143% | $639K | $0 | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 789.03 | −0.045% | $1.5M | $141K | 25x | as long as short |
| dYdX BNB-USD | +0.0201% | 1h | 788.89 | −0.064% | $158K | $63K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0232% | 1h | 789.36 | −0.004% | $28K | $3K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0319% | 1h | 788.22 | −0.149% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0355% | 1h | 788.94 | −0.057% | $1.1M | $885K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0416% | 1h | 788.77 | −0.079% | $68K | $39K | 12x | as long as short |
Binance BNBUSDT
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
Orderly PERP_BNB_USDC
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Extended BNB-USD
Aevo BNB-PERP
Kalshi KXBNBPERP
Phemex BNBUSDT
Coinbase International BNB-PERP-INTX
Phoenix BNB
BloFin BNB-USDT
Bulk BNB-USD
Deribit BNB_USDC-PERPETUAL
dYdX BNB-USD
01 Exchange BNBUSD
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P