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

CC

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0011%/8h= −1.2% APRpaid last 24h −0.002%
Price spread now: Paradex against Binance−0.020%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 $0 a day on $10k at the current rate, and Paradex is 0.020% cheaper against Binance than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CCUSDT0.11530.0100pay 0.0050% / 4h1h 53m$10.9M$10.9M75x
ShortParadex CC-USD-PERP0.11530.0089get 0.0089% / 8h1h 53m$1K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Binance. 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
−$2.22
Price spread: −0.020% → 0.000%
−$2.05
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$18.27
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Binance: 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 Binance live order book, 1 min ago1.30 bp18.6 bp −$1979.7 bp −$797doesn't fitdoesn'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.

CC on 19 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
Injective CC/USDC PERP−0.3951%1h0.1146−0.612%$6K$965.5xas long as short
Gate CC_USDT−0.0012%4h0.1152−0.066%$358K$207K50xas long as short
MEXC CC_USDT+0.0080%4h0.1153−0.014%$1.6M$294K100xas long as short
Bybit CCUSDT+0.0081%4h0.1153+0.004%$10.4M$3.7M25xas long as short
Paradex CC-USD-PERPshort+0.0089%8h0.1153−0.020%$1K5x
Aster CCUSDT+0.0100%4h0.1155+0.173%$34K$39K20xas long as short
Binance CCUSDTlong+0.0100%4h0.1153long leg$10.9M$10.9M75x
OKX CC-USDT-SWAP+0.0100%4h0.1154+0.065%$2.5M$3.3M20xas long as short
KuCoin CCUSDTM+0.0100%4h0.1155+0.169%$487K$114K50xas long as short
Bitget CCUSDT+0.0100%4h0.1154+0.056%$925K$787K20xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CC-USDT+0.0100%4h0.1153+0.004%$6.6Mas long as short
Backpack CC_USDC_PERP+0.0100%1h0.1154+0.091%$16K$22K10xas long as short
Variational Omni CC+0.0100%4h0.1155+0.195%$576K$43Kas long as short
GRVT CC_USDT_Perp+0.0100%4h0.1156+0.222%$85K$2.2M10xas long as short
Derive CC-PERP+0.0100%1h0.1153+0.005%$7K$35K6.7xas long as short
Hyperliquid CC+0.0122%1h0.1155+0.151%$5.4M$1.3M3xas long as short
BloFin CC-USDT+0.0340%4h0.1154+0.073%$584K$104K75xas long as short
GMX CC/USD [WBTC.b-USDC]L +0.0439% / S −0.0239%1h0.1155+0.174%$43K50xas long as short
Lighter CC+0.1280%1h0.1158+0.403%$232K$148K5xas long as short