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−0.0056%/8h= −6.2% APRnext payment $0.56 per $10,000 · paid last 24h +0.003%
Price spread now: Binance against Paradex+0.008%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex BNB-USD-PERP787.410.0100pay 0.0100% / 8h3h 22m$76K$17K50x
ShortBinance BNBUSDT787.480.0044get 0.0044% / 8h3h 22m$491.0M$800.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Paradex. 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
−$11.82
Price spread: +0.008% → 0.000%
$0.85
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
−$24.98
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; Binance: live order book, 7 min ago. 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 Paradex no order-book sample
Sell Binance live order book, 7 min ago0.06 bp5.1 bp −$56.4 bp −$6411.1 bp −$1,10923.9 bp −$12.0K
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%1h787.11−0.039%$46K200xas long as short
Kraken Futures PF_BNBUSD−0.0124%1h787.06−0.045%$2.5M$1.2M50xas long as short
Hotstuff BNB-PERP−0.0080%1h787.42+0.001%$4K$4225xas long as short
Kalshi KXBNBPERP0.0000%8h787.90+0.062%$126K$2.7M4.8xas long as short
StandX BNB-USD0.0000%1h788.54+0.143%$850K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h787.15−0.033%$9.5M150xas long as short
Aster BNBUSDT+0.0024%8h787.54+0.016%$6.1M$18.8M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.245%$19K$789K30xas long as short
BingX BNB-USDC+0.0040%8h787.39−0.003%$13.4Mas long as short
MEXC BNB_USDT+0.0043%8h788.10+0.087%$79.9M$12.0M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDTshort+0.0044%8h787.48+0.008%$491.0M$800.2M75x
Phemex BNBUSDT+0.0051%8h787.62+0.026%$68.9M$50.6M50xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h787.23−0.023%$589K$1.9M50xas long as short
Phoenix BNB+0.0092%1h788.22+0.102%$169K$35K10xas long as short
dYdX BNB-USD+0.0096%1h787.16−0.032%$159K$63K10xas long as short
Lighter BNB+0.0096%1h787.28−0.017%$2.7M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.20−0.027%$265K$492K50xas long as short
Nado BNB-PERP+0.0100%1h787.25−0.021%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h787.72+0.039%$51.7M$17.4M10xas long as short
Pacifica BNB+0.0100%1h787.38−0.005%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h786.80−0.078%$138.4M$73.9M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h786.80−0.078%$53.4M$111.5M50xas long as short
Arcus BNB-USD+0.0100%1h787.10−0.040%$52K$133K10xas long as short
Gate BNB_USDT+0.0100%8h787.00−0.053%$35.9M$57.8M75xas long as short
KuCoin BNBUSDTM+0.0100%8h786.82−0.075%$27.5M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h786.97−0.056%$76.2M$30.6M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h787.46+0.006%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h787.50+0.012%$4.1M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h788.21+0.102%$4.1M$73.8M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h788.40+0.125%$159K$442K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h787.12−0.037%$132K$953K10xas long as short
Derive BNB-PERP+0.0100%1h787.25−0.021%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h787.66+0.032%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h787.30−0.014%$387K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h787.21−0.026%$8.1M$9.6M75xas long as short
Paradex BNB-USD-PERPlong+0.0100%8h787.41long leg$76K$17K50x
Extended BNB-USD+0.0104%1h786.83−0.074%$1.9M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h787.16−0.032%$378K$110K10xas long as short
BloFin BNB-USDT+0.0164%8h788.37+0.121%$17.7M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0174%8h788.49+0.136%$2.9M$28.7M10xas long as short
Bulk BNB-USD+0.0193%1h788.28+0.110%$638K$10K10xas long as short
01 Exchange BNBUSD+0.0240%1h787.42+0.001%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h787.63+0.027%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0324%1h786.75−0.084%$6K$3K40xas long as short
Hibachi BNB/USDT-P+0.0408%1h788.11+0.088%$68K$39K12xas long as short
RISEx BNB/USDC+0.0431%1h787.27−0.018%$1.1M$893K20xas long as short