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

BNB

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%
Price spread now: Paradex against Arcus+0.065%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 0.065% dearer against Arcus 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
LongArcus BNB-USD793.400.0100pay 0.0013% / 1h19m 24s$52K$134K10x
ShortParadex BNB-USD-PERP793.910.0100get 0.0100% / 8h6h 19m$77K$17K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Arcus. 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
Price spread: +0.065% → 0.000%
$6.49
Slippage, 4 orders
no order book: not counted
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$2.01
Costs to cover
0.085%
Break-even
3563.2 days
Slippage unknown: Arcus: live order book, 49 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 Arcus live order book, 49 min ago4.39 bp7.9 bp −$825.6 bp −$256doesn'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.

BNB on 45 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%1h793.48+0.011%$46K200xas long as short
Kraken Futures PF_BNBUSD−0.0132%1h792.90−0.064%$2.5M$1.0M50xas long as short
Hotstuff BNB-PERP−0.0080%1h793.56+0.020%$4K$23925xas long as short
StandX BNB-USD0.0000%1h794.40+0.126%$858K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h793.16−0.031%$9.7M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.473%$19K$789K30xas long as short
Aster BNBUSDT+0.0035%8h793.67+0.034%$6.1M$19.7M200xas long as short
Variational Omni BNB+0.0038%8h794.10+0.089%$4.1M$4.9Mas long as short
BingX BNB-USDT+0.0050%8h793.32−0.010%$34.9Mas long as short
Gate BNB_USDT+0.0053%8h793.10−0.038%$35.4M$56.5M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0056%1h795.53+0.268%$610K$1.1M50xas long as short
Phemex BNBUSDT+0.0060%8h793.58+0.023%$69.4M$50.7M50xas long as short
MEXC BNB_USDT+0.0062%8h794.00+0.076%$82.4M$12.8M200xas long as short
Binance BNBUSDT+0.0062%8h793.80+0.050%$493.7M$810.0M75xas long as short
GRVT BNB_USDT_Perp+0.0070%8h795.62+0.280%$3.0M$28.5M10xas long as short
dYdX BNB-USD+0.0075%1h792.94−0.058%$160K$63K10xas long as short
Phoenix BNB+0.0088%1h794.99+0.200%$171K$36K10xas long as short
Lighter BNB+0.0096%1h793.38−0.003%$2.8M$4.0M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h793.20−0.025%$383K$409K50xas long as short
Nado BNB-PERP+0.0100%1h793.05−0.044%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h793.82+0.053%$52.0M$19.3M10xas long as short
Pacifica BNB+0.0100%1h793.400.000%$1.2M$915K20xas long as short
Bybit BNBUSDT+0.0100%8h793.20−0.025%$138.6M$75.7M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h793.10−0.038%$53.2M$110.1M50xas long as short
Arcus BNB-USDlong+0.0100%1h793.40long leg$52K$134K10x
KuCoin BNBUSDTM+0.0100%8h793.02−0.048%$27.7M$10.1M75xas long as short
Bitget BNBUSDT+0.0100%8h792.99−0.052%$77.2M$28.1M75xas long as short
edgeX BNBUSDC+0.0100%4h794.91+0.190%$4.1M$76.8M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h794.60+0.151%$160K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h793.27−0.016%$111K$886K10xas long as short
Derive BNB-PERP+0.0100%1h793.25−0.018%$32K$9K10xas long as short
SunX BNB-USDT+0.0100%8h794.14+0.093%$12K$1.6M50xas long as short
SoDEX BNB-USD+0.0100%1h793.10−0.038%$390K$997K10xas long as short
HTX BNB-USDT+0.0100%8h793.92+0.065%$8.1M$8.9M75xas long as short
Paradex BNB-USD-PERPshort+0.0100%8h793.91+0.065%$77K$17K50x
Extended BNB-USD+0.0104%1h792.84−0.071%$1.7M$5.8M50xas long as short
Aevo BNB-PERP+0.0104%1h793.03−0.046%$381K$110K10xas long as short
RISEx BNB/USDC+0.0131%1h793.55+0.019%$1.1M$1.1M20xas long as short
Kalshi KXBNBPERP+0.0156%8h794.30+0.113%$113K$2.7M4.8xas long as short
Bulk BNB-USD+0.0195%1h795.93+0.318%$644K$16K10xas long as short
01 Exchange BNBUSD+0.0256%1h793.83+0.054%$28K$3K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h793.43+0.004%$1.6M$160K25xas long as short
Reya BNBRUSDPERP+0.0328%1h793.04−0.045%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0383%1h793.90+0.063%$2.7M$5.7M40xas long as short
Hibachi BNB/USDT-P+0.0528%1h794.78+0.174%$68K$38K12xas long as short