Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h +0.009%
Price spread now: Paradex against Bybit+0.114%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.114% dearer against Bybit than usual: you sell high and buy low, +$11 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BNBUSDT | 787.40 | 0.0100 | pay 0.0100% / 8h | 1h 23m | $138.6M | $75.1M | 75x |
| Short | Paradex BNB-USD-PERP | 788.29 | 0.0101 | get 0.0101% / 8h | 1h 23m | $78K | $18K | 50x |
Bybit BNBUSDT
Paradex BNB-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.12
- Price spread: +0.114% → 0.000%
- $11.35
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$3.53
- Costs to cover
- 0.150%
- Break-even
- 216.7 days
Slippage unknown: Bybit: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 6 min ago | 0.63 bp | 6.1 bp −$6 | 8.8 bp −$88 | 24.8 bp −$2,482 | 177.2 bp −$88.6K |
| 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX BNB/USD [WBTC.b-USDC] | L −0.0170% / S +0.0337% | 1h | 787.53 | +0.017% | $43K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 788.27 | +0.110% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 788.78 | +0.175% | $851K | $2.8M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 787.52 | +0.015% | $9.5M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.247% | $19K | $789K | 30x | as long as short |
| BingX BNB-USDT | +0.0051% | 8h | 787.61 | +0.027% | — | $22.3M | — | as long as short |
| Aster BNBUSDT | +0.0052% | 8h | 788.00 | +0.076% | $6.1M | $18.8M | 200x | as long as short |
| MEXC BNB_USDT | +0.0064% | 8h | 788.50 | +0.140% | $81.1M | $12.1M | 200x | as long as short |
| Binance BNBUSDT | +0.0064% | 8h | 787.98 | +0.074% | $490.7M | $818.4M | 75x | as long as short |
| dYdX BNB-USD | +0.0068% | 1h | 788.07 | +0.085% | $160K | $62K | 10x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
BingX BNB-USDT
Aster BNBUSDT
MEXC BNB_USDT
Binance BNBUSDT
dYdX BNB-USDShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex BNBUSDT | +0.0078% | 8h | 788.12 | +0.091% | $68.9M | $51.1M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0080% | 1h | 787.30 | −0.013% | $568K | $1.9M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 787.63 | +0.030% | $2.7M | $3.8M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 787.40 | 0.000% | $1.4M | $2.7M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 788.08 | +0.086% | $51.6M | $17.6M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 787.82 | +0.053% | $1.2M | $933K | 20x | as long as short |
| Bybit BNBUSDTlong | +0.0100% | 8h | 787.40 | long leg | $138.6M | $75.1M | 75x | |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 787.40 | 0.000% | $53.6M | $113.3M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 787.70 | +0.038% | $52K | $129K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 787.65 | +0.032% | $37.6M | $59.2M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 787.24 | −0.020% | $27.7M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 787.24 | −0.020% | $76.2M | $31.2M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 787.92 | +0.066% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 787.71 | +0.040% | $4.1M | $4.8M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 787.92 | +0.066% | $4.1M | $76.1M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 788.27 | +0.110% | $159K | $437K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 787.38 | −0.003% | $132K | $951K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 787.55 | +0.019% | $265K | $470K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 786.03 | −0.174% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 788.07 | +0.084% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 787.70 | +0.038% | $387K | $981K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 787.96 | +0.071% | $8.0M | $10.2M | 75x | as long as short |
| Paradex BNB-USD-PERPshort | +0.0101% | 8h | 788.29 | +0.114% | $78K | $18K | 50x | |
| Extended BNB-USD | +0.0104% | 1h | 787.21 | −0.024% | $1.8M | $6.0M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 787.63 | +0.029% | $378K | $110K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0132% | 8h | 787.90 | +0.064% | $170K | $2.7M | 4.8x | as long as short |
| Phoenix BNB | +0.0135% | 1h | 788.01 | +0.077% | $169K | $35K | 10x | as long as short |
| BloFin BNB-USDT | +0.0184% | 8h | 788.03 | +0.080% | $17.7M | $2.2M | 75x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 788.01 | +0.078% | $1.5M | $145K | 25x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0205% | 1h | 787.38 | −0.002% | $2.5M | $1.2M | 50x | as long as short |
| GRVT BNB_USDT_Perp | +0.0230% | 8h | 788.36 | +0.122% | $2.9M | $29.5M | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0248% | 1h | 787.95 | +0.070% | $28K | $4K | 10x | as long as short |
| Bulk BNB-USD | +0.0291% | 1h | 787.29 | −0.014% | $638K | $4K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0322% | 1h | 787.21 | −0.024% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0438% | 1h | 787.74 | +0.043% | $1.1M | $915K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0512% | 1h | 787.97 | +0.072% | $67K | $39K | 12x | as long as short |
Phemex BNBUSDT
Coinbase International BNB-PERP-INTX
Lighter BNB
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Extended BNB-USD
Aevo BNB-PERP
Kalshi KXBNBPERP
Phoenix BNB
BloFin BNB-USDT
Deribit BNB_USDC-PERPETUAL
Kraken Futures PF_BNBUSD
GRVT BNB_USDT_Perp
01 Exchange BNBUSD
Bulk BNB-USD
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P