Funding arb · Price arb /

BNB

all BNB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Paradex against edgeX−0.754%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on edgeX Short on Paradex

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · Paradex: 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 0.754% cheaper against edgeX than usual: you would sell low and buy high, −$75 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	edgeX BNBUSDC	793.72	0.0100	pay 0.0050% / 4h	2h 15m	$4.1M	$76.9M	30x
Short	Paradex BNB-USD-PERP	787.73	0.0100	get 0.0100% / 8h	6h 15m	$77K	$17K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against edgeX. 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

Position, each leg$Hold fordaysFee edgeXbpFee ParadexbpOrdersPrice spread, now −0.754%Rate

Funding earned: $0.01
Price spread: −0.754% → 0.000%: −$75.41
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$88.4
Costs to cover: 0.130%
Break-even: 49411.1 days

Slippage unknown: edgeX: live order book, 4 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 edgeX live order book, 4 min ago	1.89 bp	6.4 bp −$6	6.4 bp −$64	9.7 bp −$968	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX BNB/USD [WBTC.b-USDC]	L −0.0167% / S +0.0335%	1h	787.55	−0.777%	$46K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0133%	1h	787.92	−0.730%	$2.5M	$1.1M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	787.19	−0.822%	$4K	$239	25x	as long as short
StandX BNB-USD	0.0000%	1h	793.90	+0.023%	$858K	$3.1M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	787.63	−0.767%	$9.6M	—	150x	as long as short
Aster BNBUSDT	+0.0025%	8h	787.30	−0.809%	$6.0M	$20.0M	200x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.433%	$19K	$789K	30x	as long as short
Gate BNB_USDT	+0.0038%	8h	787.75	−0.752%	$35.1M	$57.2M	75x	as long as short
Phemex BNBUSDT	+0.0043%	8h	791.11	−0.328%	$69.2M	$50.7M	50x	as long as short
Variational Omni BNB	+0.0044%	8h	790.50	−0.405%	$4.1M	$4.9M	—	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BNB-USDT	+0.0050%	8h	787.82	−0.743%	—	$34.9M	—	as long as short
Coinbase International BNB-PERP-INTX	+0.0056%	1h	786.59	−0.898%	$618K	$1.8M	50x	as long as short
MEXC BNB_USDT	+0.0062%	8h	787.80	−0.745%	$80.1M	$13.1M	200x	as long as short
Binance BNBUSDT	+0.0062%	8h	788.32	−0.680%	$490.4M	$823.7M	75x	as long as short
GRVT BNB_USDT_Perp	+0.0069%	8h	793.89	+0.022%	$3.0M	$28.4M	10x	as long as short
dYdX BNB-USD	+0.0083%	1h	786.74	−0.879%	$159K	$63K	10x	as long as short
Phoenix BNB	+0.0088%	1h	794.20	+0.061%	$171K	$36K	10x	as long as short
Lighter BNB	+0.0096%	1h	786.61	−0.895%	$2.7M	$4.0M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	787.61	−0.769%	$381K	$409K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	787.08	−0.836%	$1.4M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	788.03	−0.716%	$51.6M	$19.4M	10x	as long as short
Pacifica BNB	+0.0100%	1h	786.72	−0.882%	$1.2M	$915K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	787.60	−0.771%	$138.9M	$79.3M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	787.50	−0.783%	$53.4M	$113.4M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	787.70	−0.758%	$52K	$135K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	787.49	−0.784%	$27.5M	$10.1M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	787.76	−0.750%	$77.6M	$29.9M	75x	as long as short
edgeX BNBUSDClong	+0.0100%	4h	793.72	long leg	$4.1M	$76.9M	30x
ApeX Omni BNBUSDT	+0.0100%	1h	793.68	−0.005%	$160K	$435K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	787.42	−0.793%	$137K	$951K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	787.81	−0.744%	$31K	$9K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	786.56	−0.901%	$12K	$1.6M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	788.00	−0.720%	$387K	$996K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	790.32	−0.428%	$8.1M	$8.9M	75x	as long as short
Paradex BNB-USD-PERPshort	+0.0100%	8h	787.73	−0.754%	$77K	$17K	50x
Extended BNB-USD	+0.0104%	1h	787.41	−0.795%	$1.8M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	788.15	−0.701%	$379K	$110K	10x	as long as short
RISEx BNB/USDC	+0.0131%	1h	787.42	−0.793%	$1.1M	$1.1M	20x	as long as short
Kalshi KXBNBPERP	+0.0154%	8h	792.00	−0.216%	$92K	$2.9M	4.8x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	788.08	−0.711%	$1.5M	$160K	25x	as long as short
Bulk BNB-USD	+0.0244%	1h	794.01	+0.037%	$643K	$13K	10x	as long as short
01 Exchange BNBUSD	+0.0256%	1h	787.77	−0.749%	$28K	$3K	10x	as long as short
Reya BNBRUSDPERP	+0.0328%	1h	787.23	−0.817%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0394%	1h	789.67	−0.510%	$2.7M	$5.7M	40x	as long as short
Hibachi BNB/USDT-P	+0.0536%	1h	793.63	−0.011%	$68K	$38K	12x	as long as short