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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.52 per $10,000 · paid last 24h −0.001%
Price spread now: Paradex against Aster+0.054%49s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · Paradex: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Paradex is 0.054% dearer against Aster than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BNBUSDT791.750.0050pay 0.0050% / 8h5h 07m$6.2M$18.7M200x
ShortParadex BNB-USD-PERP792.170.0102get 0.0102% / 8h5h 07m$77K$17K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Aster. 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
$10.86
Price spread: +0.054% → 0.000%
$5.38
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Paradex: 2 bp × 2 orders
−$4
Net
$4.23
Costs to cover
0.120%
Break-even
4.3 days
Slippage unknown: Aster: live order book, 6 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 Aster live order book, 6 min ago0.69 bp4.8 bp −$55.9 bp −$5918.9 bp −$1,891doesn'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%1h791.36−0.049%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h791.61−0.017%$4K$23925xas long as short
StandX BNB-USD0.0000%1h792.95+0.152%$857K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h791.89+0.018%$9.7M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.685%$19K$789K30xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h792.68+0.118%$592K$1.9M50xas long as short
Aster BNBUSDTlong+0.0050%8h791.75long leg$6.2M$18.7M200x
Phemex BNBUSDT+0.0050%8h792.19+0.056%$69.4M$50.4M50xas long as short
BingX BNB-USDC+0.0060%8h791.48−0.034%$13.4Mas long as short
Binance BNBUSDT+0.0071%8h791.34−0.052%$494.2M$791.9M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BNB_USDT+0.0072%8h791.80+0.007%$80.4M$12.5M200xas long as short
Kraken Futures PF_BNBUSD+0.0091%1h791.72−0.003%$2.5M$1.2M50xas long as short
Lighter BNB+0.0096%1h791.84+0.012%$2.8M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h791.80+0.007%$266K$498K50xas long as short
Nado BNB-PERP+0.0100%1h791.10−0.082%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h792.11+0.046%$52.0M$17.5M10xas long as short
Pacifica BNB+0.0100%1h791.54−0.026%$1.2M$914K20xas long as short
Bybit BNBUSDT+0.0100%8h790.64−0.140%$139.1M$76.8M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h790.50−0.158%$53.6M$112.0M50xas long as short
Arcus BNB-USD+0.0100%1h791.60−0.019%$52K$130K10xas long as short
Gate BNB_USDT+0.0100%8h790.95−0.101%$35.4M$57.4M75xas long as short
KuCoin BNBUSDTM+0.0100%8h791.24−0.064%$27.8M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h790.51−0.156%$76.6M$30.3M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h791.94+0.024%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h791.10−0.082%$4.1M$4.6Mas long as short
edgeX BNBUSDC+0.0100%4h791.85+0.013%$4.1M$74.5M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h791.88+0.017%$159K$441K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h791.26−0.062%$134K$949K10xas long as short
Derive BNB-PERP+0.0100%1h791.93+0.023%$32K$12K10xas long as short
SunX BNB-USDT+0.0100%8h791.99+0.031%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h791.80+0.007%$389K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h792.00+0.032%$8.1M$9.2M75xas long as short
Paradex BNB-USD-PERPshort+0.0102%8h792.17+0.054%$77K$17K50x
Extended BNB-USD+0.0104%1h790.64−0.140%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h791.73−0.002%$380K$110K10xas long as short
Phoenix BNB+0.0107%1h791.53−0.028%$170K$35K10xas long as short
GRVT BNB_USDT_Perp+0.0143%8h792.25+0.064%$2.9M$27.9M10xas long as short
Kalshi KXBNBPERP+0.0187%8h792.80+0.133%$104K$2.7M4.8xas long as short
dYdX BNB-USD+0.0189%1h791.19−0.070%$160K$63K10xas long as short
BloFin BNB-USDT+0.0192%8h791.99+0.031%$18.2M$2.2M75xas long as short
01 Exchange BNBUSD+0.0280%1h791.89+0.018%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0327%1h791.05−0.089%$6K$3K40xas long as short
RISEx BNB/USDC+0.0361%1h791.71−0.005%$1.1M$979K20xas long as short
Bulk BNB-USD+0.0366%1h792.18+0.055%$641K$9K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0400%1h792.24+0.062%$1.5M$143K25xas long as short
Hibachi BNB/USDT-P+0.0584%1h792.19+0.055%$68K$38K12xas long as short