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

BNB

all BNB markets
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Alert: funding
Measured
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 01:00 UTC−0.0027%/8h= −3.0% APRpaid last 24h −0.053%
Price spread now: Paradex against Bulk+0.126%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on BulkShort on Paradex
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 days—no price history on both exchanges yet
Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories
The price spread pays, funding is against you. Paradex is 0.126% dearer against Bulk than usual: you sell high and buy low (spread +0.126% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 15 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk BNB-USD799.280.0127pay 0.0016% / 1h25m 51s$649K$10K10x
ShortParadex BNB-USD-PERP800.290.0100get 0.0100% / 8h7h 25m$78K$18K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Bulk. 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
−$5.73
Price spread: +0.126% → 0.000%
$12.63
Slippage, 4 orders
no order book: not counted
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$4.11
Costs to cover
0.110%
Break-even
from the start
Slippage unknown: Bulk: live order book, 48 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 Bulk live order book, 48 min ago0.06 bp3.6 bp −$43.6 bp −$364.9 bp −$48811.1 bp −$5,571
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 −0.0159% / S +0.0335%1h800.16+0.110%$48K—200xas long as short
Kraken Futures PF_BNBUSD−0.0120%1h800.13+0.107%$2.5M$1.0M50xas long as short
Hotstuff BNB-PERP−0.0080%1h799.06−0.027%$4K$23925xas long as short
BingX BNB-USDT−0.0024%8h800.21+0.117%—$35.0M—as long as short
Bybit BNBUSDT−0.0009%8h799.80+0.065%$139.0M$75.6M75xas long as short
GRVT BNB_USDT_Perp0.0000%8h799.48+0.025%$3.0M$27.5M10xas long as short
StandX BNB-USD0.0000%1h799.70+0.053%$864K$2.9M30xas long as short
Phemex BNBUSDT0.0000%8h800.48+0.150%$69.9M$50.1M50xas long as short
Variational Omni BNB+0.0003%8h799.72+0.055%$4.1M$5.2M—as long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h800.14+0.108%$9.8M—150xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BNB_USDT+0.0023%8h799.80+0.065%$35.8M$56.5M75xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+0.727%$19K$789K30xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h800.35+0.134%$616K$1.1M50xas long as short
Aster BNBUSDT+0.0060%8h800.66+0.174%$6.2M$19.3M200xas long as short
MEXC BNB_USDT+0.0081%8h800.90+0.203%$83.3M$13.6M200xas long as short
Binance BNBUSDT+0.0081%8h800.59+0.165%$496.8M$810.4M75xas long as short
Lighter BNB+0.0096%1h800.46+0.148%$2.8M$4.0M20xas long as short
Phoenix BNB+0.0099%1h798.91−0.046%$172K$36K10xas long as short
Nado BNB-PERP+0.0100%1h799.30+0.003%$1.5M$2.7M20xas long as short
Pacifica BNB+0.0100%1h799.65+0.047%$1.2M$924K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h799.80+0.065%$54.3M$111.2M50xas long as short
Arcus BNB-USD+0.0100%1h799.70+0.053%$53K$133K10xas long as short
KuCoin BNBUSDTM+0.0100%8h799.90+0.078%$27.9M$10.1M75xas long as short
Bitget BNBUSDT+0.0100%8h800.12+0.105%$78.9M$27.8M75xas long as short
edgeX BNBUSDC+0.0100%4h798.99−0.035%$4.2M$76.2M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h798.82−0.057%$161K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h800.01+0.092%$117K$878K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h800.09+0.102%$387K$458K50xas long as short
Derive BNB-PERP+0.0100%1h800.36+0.135%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h800.78+0.188%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h800.40+0.140%$394K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h799.40+0.015%$8.2M$8.3M75xas long as short
Paradex BNB-USD-PERPshort+0.0100%8h800.29+0.126%$78K$18K50x
Extended BNB-USD+0.0104%1h799.62+0.043%$1.8M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h800.14+0.108%$384K$110K10xas long as short
Bulk BNB-USDlong+0.0127%1h799.28long leg$649K$10K10x
RISEx BNB/USDC+0.0155%1h799.74+0.058%$1.1M$1.4M20xas long as short
Kalshi KXBNBPERP+0.0156%8h800.40+0.140%$90K$2.8M4.8xas long as short
Hibachi BNB/USDT-P+0.0200%1h799.61+0.042%$69K$38K12xas long as short
BloFin BNB-USDT+0.0201%8h799.280.000%$18.1M$2.6M75xas long as short
01 Exchange BNBUSD+0.0208%1h800.19+0.114%$28K$1K10xas long as short
dYdX BNB-USD+0.0225%1h799.33+0.006%$161K$63K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h800.74+0.183%$1.6M$161K25xas long as short
Hyperliquid BNB+0.0306%1h801.24+0.246%$53.2M$20.7M10xas long as short
Reya BNBRUSDPERP+0.0330%1h799.76+0.060%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0393%1h800.89+0.202%$2.7M$5.7M40xas long as short