Funding arb · Price arb /

BNB

all BNB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Paradex against HTX+0.001%7-day average — · you sell dearer than you buy

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

Long on HTX 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 airdropParadex: Active · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX BNB-USDT	786.13	0.0100	pay 0.0100% / 8h	7h 41m	$8.0M	$10.3M	75x
Short	Paradex BNB-USD-PERP	786.14	0.0100	get 0.0100% / 8h	7h 41m	$78K	$17K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against HTX. 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 HTXbpFee ParadexbpOrdersPrice spread, now +0.001%Rate

Funding earned: $0.01
Price spread: +0.001% → 0.000%: $0.1
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$15.89
Costs to cover: 0.160%
Break-even: 9999.5 days

Slippage unknown: HTX: live order book, 2 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 HTX live order book, 2 min ago	0.73 bp	8.8 bp −$9	10.2 bp −$102	37.3 bp −$3,731	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 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 −0.0168% / S +0.0337%	1h	786.16	+0.003%	$43K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	787.29	+0.147%	$4K	—	25x	as long as short
Kraken Futures PF_BNBUSD	−0.0021%	1h	786.04	−0.012%	$2.5M	$1.2M	50x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	787.44	+0.166%	$3.0M	$27.6M	10x	as long as short
StandX BNB-USD	0.0000%	1h	787.05	+0.116%	$849K	$2.7M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	786.22	+0.011%	$9.5M	—	150x	as long as short
Aster BNBUSDT	+0.0025%	8h	786.17	+0.004%	$6.0M	$18.5M	200x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.411%	$19K	$789K	30x	as long as short
BingX BNB-USDC	+0.0036%	8h	785.93	−0.026%	—	$13.4M	—	as long as short
Binance BNBUSDT	+0.0041%	8h	786.09	−0.006%	$489.1M	$812.4M	75x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BNB_USDT	+0.0041%	8h	787.30	+0.148%	$82.4M	$12.2M	200x	as long as short
Lighter BNB	+0.0096%	1h	785.74	−0.050%	$2.7M	$3.6M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	785.85	−0.036%	$1.3M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	786.28	+0.019%	$51.6M	$17.6M	10x	as long as short
Pacifica BNB	+0.0100%	1h	785.86	−0.035%	$1.2M	$937K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	785.45	−0.087%	$138.3M	$73.2M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	785.50	−0.081%	$53.4M	$111.0M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	785.80	−0.043%	$52K	$125K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	785.60	−0.068%	$39.2M	$55.5M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	785.34	−0.101%	$27.7M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	785.50	−0.081%	$75.4M	$32.5M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	786.39	+0.032%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	786.82	+0.087%	$4.3M	$4.9M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	787.34	+0.153%	$4.1M	$76.9M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	787.16	+0.130%	$158K	$439K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	786.45	+0.040%	$131K	$942K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	786.23	+0.012%	$264K	$358K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	786.51	+0.048%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	786.55	+0.053%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	786.30	+0.021%	$387K	$946K	10x	as long as short
HTX BNB-USDTlong	+0.0100%	8h	786.13	long leg	$8.0M	$10.3M	75x
Paradex BNB-USD-PERPshort	+0.0100%	8h	786.14	+0.001%	$78K	$17K	50x
Extended BNB-USD	+0.0104%	1h	785.25	−0.113%	$1.8M	$5.8M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	786.13	−0.001%	$378K	$110K	10x	as long as short
dYdX BNB-USD	+0.0107%	1h	785.69	−0.056%	$157K	$64K	10x	as long as short
Kalshi KXBNBPERP	+0.0113%	8h	786.70	+0.072%	$159K	$2.6M	4.8x	as long as short
Coinbase International BNB-PERP-INTX	+0.0120%	1h	786.59	+0.058%	$548K	$1.9M	50x	as long as short
Phoenix BNB	+0.0120%	1h	787.48	+0.171%	$158K	$38K	10x	as long as short
Phemex BNBUSDT	+0.0153%	8h	786.83	+0.088%	$68.6M	$51.2M	50x	as long as short
BloFin BNB-USDT	+0.0163%	8h	786.56	+0.054%	$17.7M	$2.2M	75x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	786.64	+0.064%	$1.5M	$141K	25x	as long as short
Bulk BNB-USD	+0.0215%	1h	787.68	+0.197%	$638K	$831	10x	as long as short
01 Exchange BNBUSD	+0.0232%	1h	786.05	−0.011%	$28K	$3K	10x	as long as short
Reya BNBRUSDPERP	+0.0319%	1h	785.96	−0.023%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0355%	1h	785.88	−0.032%	$1.1M	$911K	20x	as long as short
Hibachi BNB/USDT-P	+0.0416%	1h	786.70	+0.072%	$67K	$39K	12x	as long as short