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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Paradex against Orderly+0.112%7-day average · you sell dearer than you buy
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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.112% dearer against Orderly 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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_BNB_USDC806.270.0100pay 0.0100% / 8h3h 32m$390K$596K50x
ShortParadex BNB-USD-PERP807.170.0100get 0.0100% / 8h3h 32m$79K$19K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Orderly. 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
$0.01
Price spread: +0.112% → 0.000%
$11.17
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Paradex: 2 bp × 2 orders
−$4
Net
$1.18
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Orderly: no order-book sample; 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 Orderly no order-book sample
Sell Paradex no order-book sample
Orderly and 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 −0.0195% / S +0.0371%1h805.69−0.072%$49K200xas long as short
Hotstuff BNB-PERP−0.0080%1h806.71+0.055%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h805.16−0.138%$3.0M$29.8M10xas long as short
Kalshi KXBNBPERP0.0000%8h806.60+0.041%$115K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h804.73−0.191%$870K$3.0M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0008%1h805.86−0.051%$9.8M150xas long as short
Coinbase International BNB-PERP-INTX+0.0064%1h805.24−0.128%$609K$903K50xas long as short
Variational Omni BNB+0.0069%8h804.46−0.224%$4.1M$5.5Mas long as short
BingX BNB-USDC+0.0074%8h806.01−0.032%$13.3Mas long as short
Phemex BNBUSDT+0.0089%8h806.75+0.060%$70.5M$51.4M50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0093%8h806.87+0.074%$6.3M$18.9M200xas long as short
MEXC BNB_USDT+0.0094%8h807.30+0.128%$85.2M$14.9M200xas long as short
Binance BNBUSDT+0.0094%8h806.55+0.035%$519.8M$806.8M75xas long as short
Lighter BNB+0.0096%1h806.48+0.026%$2.8M$4.2M20xas long as short
Nado BNB-PERP+0.0100%1h806.00−0.033%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h806.25−0.002%$1.2M$915K20xas long as short
Bybit BNBUSDT+0.0100%8h805.70−0.071%$139.3M$84.1M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h805.80−0.058%$55.2M$115.9M50xas long as short
Arcus BNB-USD+0.0100%1h806.10−0.021%$52K$222K10xas long as short
Bulk BNB-USD+0.0100%1h806.70+0.053%$652K$11K10xas long as short
Gate BNB_USDT+0.0100%8h805.75−0.064%$36.1M$58.6M75xas long as short
KuCoin BNBUSDTM+0.0100%8h806.30+0.004%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h805.50−0.096%$79.0M$24.5M75xas long as short
edgeX BNBUSDC+0.0100%4h805.45−0.102%$4.2M$76.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h805.32−0.118%$159K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h805.72−0.068%$119K$876K10xas long as short
Orderly PERP_BNB_USDClong+0.0100%8h806.27long leg$390K$596K50x
Derive BNB-PERP+0.0100%1h806.42+0.018%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h806.26−0.001%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h806.40+0.016%$397K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h806.10−0.021%$8.2M$7.1M75xas long as short
Paradex BNB-USD-PERPshort+0.0100%8h807.17+0.112%$79K$19K50x
Extended BNB-USD+0.0104%1h806.04−0.028%$1.9M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h806.49+0.027%$387K$40K10xas long as short
Phoenix BNB+0.0110%1h805.55−0.089%$173K$35K10xas long as short
Kraken Futures PF_BNBUSD+0.0131%1h806.19−0.009%$2.5M$915K50xas long as short
RISEx BNB/USDC+0.0143%1h806.09−0.022%$1.1M$1.4M20xas long as short
Injective BNB/USDC PERP+0.0157%1h800.33−0.737%$19K$423K30xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h806.73+0.056%$1.6M$160K25xas long as short
Hyperliquid BNB+0.0213%1h806.78+0.063%$51.8M$21.5M10xas long as short
BloFin BNB-USDT+0.0214%8h806.63+0.045%$18.8M$3.0M75xas long as short
Hibachi BNB/USDT-P+0.0224%1h805.20−0.132%$72K$48K12xas long as short
01 Exchange BNBUSD+0.0288%1h806.74+0.058%$29K$1K10xas long as short
Reya BNBRUSDPERP+0.0336%1h805.46−0.101%$6K$3K40xas long as short
dYdX BNB-USD+0.0389%1h805.88−0.048%$171K$55K10xas long as short
Backpack BNB_USDC_PERP+0.0625%1h807.04+0.096%$3.0M$5.3M40xas long as short