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+0.0036%/8h= +4.0% APRnext payment +$0.36 per $10,000 · paid last 24h −0.002%
Price spread now: Paradex against MEXC−0.052%7-day average · you buy dearer than you sell
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 airdropParadex: Active · farm boardneeds both histories
Funding pays, the price is against you. Paradex is 0.052% cheaper against MEXC than usual: you would sell low and buy high (spread −0.052% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 4.8 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BNB_USDT788.400.0065pay 0.0065% / 8h2h 10m$80.7M$12.0M200x
ShortParadex BNB-USD-PERP787.990.0101get 0.0101% / 8h2h 10m$77K$17K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against MEXC. 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
$7.58
Price spread: −0.052% → 0.000%
−$5.15
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$5.57
Costs to cover
0.080%
Break-even
12.1 days
Slippage unknown: MEXC: live order book, 3 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 MEXC live order book, 3 min ago0.63 bp3.3 bp −$36.5 bp −$6525.9 bp −$2,59243.7 bp −$21.8K
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 −0.0192% / S +0.0356%1h787.81−0.075%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h787.93−0.060%$4K$4225xas long as short
StandX BNB-USD0.0000%1h788.36−0.005%$850K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h787.92−0.061%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.117%$19K$789K30xas long as short
Aster BNBUSDT+0.0042%8h788.34−0.008%$6.1M$19.0M200xas long as short
BingX BNB-USDC+0.0045%8h787.80−0.076%$13.4Mas long as short
Phemex BNBUSDT+0.0063%8h788.66+0.033%$69.0M$50.8M50xas long as short
MEXC BNB_USDTlong+0.0065%8h788.40long leg$80.7M$12.0M200x
Binance BNBUSDT+0.0066%8h788.27−0.017%$491.1M$814.6M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BNBUSD+0.0069%1h787.95−0.057%$2.5M$1.2M50xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h785.85−0.323%$568K$1.9M50xas long as short
Lighter BNB+0.0096%1h787.77−0.079%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.98−0.053%$265K$490K50xas long as short
Nado BNB-PERP+0.0100%1h787.75−0.082%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h788.22−0.023%$51.6M$17.6M10xas long as short
Pacifica BNB+0.0100%1h787.94−0.059%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h787.76−0.081%$138.6M$75.0M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h787.40−0.127%$53.5M$112.9M50xas long as short
Arcus BNB-USD+0.0100%1h787.90−0.063%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h787.70−0.089%$36.8M$59.4M75xas long as short
KuCoin BNBUSDTM+0.0100%8h787.47−0.118%$27.7M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h787.32−0.137%$76.2M$31.0M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h788.36−0.005%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h787.91−0.062%$4.0M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h787.78−0.079%$4.1M$75.5M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h787.81−0.075%$159K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h787.76−0.081%$132K$951K10xas long as short
Derive BNB-PERP+0.0100%1h788.21−0.024%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h788.66+0.033%$12K$1.5M50xas long as short
HTX BNB-USDT+0.0100%8h787.63−0.098%$8.0M$10.1M75xas long as short
Paradex BNB-USD-PERPshort+0.0101%8h787.99−0.052%$77K$17K50x
Extended BNB-USD+0.0104%1h787.28−0.142%$1.8M$6.2M50xas long as short
Aevo BNB-PERP+0.0104%1h788.05−0.044%$379K$110K10xas long as short
Phoenix BNB+0.0107%1h787.24−0.147%$169K$35K10xas long as short
SoDEX BNB-USD+0.0133%1h788.10−0.038%$387K$992K10xas long as short
Kalshi KXBNBPERP+0.0138%8h788.20−0.025%$161K$2.7M4.8xas long as short
dYdX BNB-USD+0.0148%1h787.74−0.083%$160K$62K10xas long as short
BloFin BNB-USDT+0.0186%8h788.56+0.020%$17.6M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0219%8h787.26−0.144%$2.9M$29.5M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h788.47+0.009%$1.5M$143K25xas long as short
01 Exchange BNBUSD+0.0312%1h788.400.000%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0323%1h787.70−0.088%$6K$3K40xas long as short
Bulk BNB-USD+0.0378%1h788.15−0.032%$639K$4K10xas long as short
RISEx BNB/USDC+0.0432%1h787.93−0.059%$1.1M$901K20xas long as short
Hibachi BNB/USDT-P+0.0544%1h787.67−0.092%$67K$39K12xas long as short