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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h −0.005%
Price spread now: Paradex against SoDEX+0.062%7-day average · you sell dearer than you buy
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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.062% dearer against SoDEX than usual: you sell high and buy low, +$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX BNB-USD791.300.0100pay 0.0013% / 1h12m 39s$389K$1.0M10x
ShortParadex BNB-USD-PERP791.790.0102get 0.0102% / 8h5h 12m$77K$17K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against SoDEX. 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
$0.42
Price spread: +0.062% → 0.000%
$6.2
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$5.39
Costs to cover
0.120%
Break-even
97.7 days
Slippage unknown: SoDEX: live order book, 1 min ago; Paradex: no order-book sample. 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 SoDEX live order book, 1 min ago0.63 bp4.8 bp −$58.3 bp −$8377.8 bp −$7,785doesn't fit
Sell Paradex no order-book sample
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 −0.0167% / S +0.0335%1h791.13−0.022%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h791.77+0.059%$4K$23925xas long as short
StandX BNB-USD0.0000%1h792.14+0.106%$856K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h791.14−0.020%$9.7M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.743%$19K$789K30xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h792.03+0.092%$615K$1.8M50xas long as short
Aster BNBUSDT+0.0050%8h791.58+0.035%$6.2M$18.7M200xas long as short
Phemex BNBUSDT+0.0057%8h791.56+0.033%$69.3M$50.5M50xas long as short
BingX BNB-USDT+0.0060%8h791.300.000%$34.3Mas long as short
Binance BNBUSDT+0.0073%8h791.74+0.055%$494.6M$792.2M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BNB_USDT+0.0074%8h792.10+0.101%$80.5M$12.5M200xas long as short
Kraken Futures PF_BNBUSD+0.0091%1h791.11−0.025%$2.5M$1.2M50xas long as short
Lighter BNB+0.0096%1h791.35+0.006%$2.8M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h791.15−0.019%$266K$498K50xas long as short
Nado BNB-PERP+0.0100%1h791.300.000%$1.4M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h791.85+0.070%$52.0M$17.7M10xas long as short
Pacifica BNB+0.0100%1h791.44+0.018%$1.2M$908K20xas long as short
Bybit BNBUSDT+0.0100%8h791.10−0.025%$139.2M$77.1M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h790.90−0.051%$53.7M$111.7M50xas long as short
Arcus BNB-USD+0.0100%1h791.20−0.013%$52K$130K10xas long as short
Gate BNB_USDT+0.0100%8h791.00−0.038%$35.4M$57.3M75xas long as short
KuCoin BNBUSDTM+0.0100%8h791.17−0.016%$27.8M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h790.78−0.066%$77.0M$29.8M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h791.31+0.001%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h791.90+0.075%$4.1M$4.6Mas long as short
edgeX BNBUSDC+0.0100%4h792.20+0.113%$4.1M$75.5M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h792.06+0.096%$159K$441K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h791.27−0.004%$134K$949K10xas long as short
Derive BNB-PERP+0.0100%1h791.35+0.006%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h792.02+0.091%$12K$1.5M50xas long as short
SoDEX BNB-USDlong+0.0100%1h791.30long leg$389K$1.0M10x
HTX BNB-USDT+0.0100%8h791.67+0.047%$8.1M$9.2M75xas long as short
Paradex BNB-USD-PERPshort+0.0102%8h791.79+0.062%$77K$17K50x
Extended BNB-USD+0.0104%1h790.69−0.077%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h791.13−0.022%$380K$110K10xas long as short
Phoenix BNB+0.0107%1h792.24+0.119%$170K$35K10xas long as short
GRVT BNB_USDT_Perp+0.0145%8h792.50+0.152%$2.9M$28.0M10xas long as short
Kalshi KXBNBPERP+0.0187%8h791.80+0.063%$83K$2.8M4.8xas long as short
BloFin BNB-USDT+0.0194%8h791.97+0.085%$18.2M$2.2M75xas long as short
dYdX BNB-USD+0.0202%1h791.15−0.019%$160K$63K10xas long as short
01 Exchange BNBUSD+0.0288%1h791.94+0.081%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h791.58+0.036%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0327%1h791.09−0.026%$6K$3K40xas long as short
RISEx BNB/USDC+0.0361%1h791.42+0.016%$1.1M$981K20xas long as short
Bulk BNB-USD+0.0366%1h792.18+0.112%$641K$9K10xas long as short
Hibachi BNB/USDT-P+0.0584%1h791.61+0.039%$68K$38K12xas long as short