BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0053%/8h= −5.8% APRnext payment −$0.53 per $10,000 · paid last 24h −0.013%

Price spread now: BingX against Paradex−0.055%48s7-day average — · you buy dearer than you sell

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

Long on Paradex Short on BingX

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

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BingX is 0.055% cheaper against Paradex than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex BNB-USD-PERP	786.87	0.0100	pay 0.0100% / 8h	1h 00m	$78K	$18K	50x
Short	BingX BNB-USDC	786.44	0.0047	get 0.0047% / 8h	1h 00m	—	$13.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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

Position, each leg$Hold fordaysFee ParadexbpFee BingXbpOrdersPrice spread, now −0.055%Rate

Funding earned: −$11.16
Price spread: −0.055% → 0.000%: −$5.49
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee BingX: 5 bp × 2 orders: −$10
Net: −$30.65
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; BingX: live order book, 8 min ago. 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 Paradex no order-book sample	—	—	—	—	—
Sell BingX live order book, 8 min ago	0.38 bp	6.7 bp −$7	10.3 bp −$103	22.8 bp −$2,281	70.1 bp −$35.1K

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 −0.0170% / S +0.0337%	1h	786.23	−0.082%	$43K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	786.78	−0.012%	$4K	$42	25x	as long as short
StandX BNB-USD	0.0000%	1h	787.83	+0.122%	$850K	$2.7M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	786.29	−0.074%	$9.5M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.315%	$19K	$789K	30x	as long as short
BingX BNB-USDCshort	+0.0047%	8h	786.44	−0.055%	—	$13.4M	—
Aster BNBUSDT	+0.0048%	8h	786.76	−0.014%	$6.1M	$18.8M	200x	as long as short
Binance BNBUSDT	+0.0057%	8h	786.78	−0.012%	$489.0M	$821.2M	75x	as long as short
MEXC BNB_USDT	+0.0058%	8h	787.50	+0.080%	$81.0M	$12.1M	200x	as long as short
dYdX BNB-USD	+0.0064%	1h	786.64	−0.029%	$159K	$62K	10x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex BNBUSDT	+0.0075%	8h	786.83	−0.005%	$68.7M	$51.1M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0080%	1h	787.43	+0.071%	$564K	$1.9M	50x	as long as short
Lighter BNB	+0.0096%	1h	786.44	−0.055%	$2.7M	$3.9M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	786.15	−0.092%	$1.4M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	786.85	−0.003%	$51.5M	$17.7M	10x	as long as short
Pacifica BNB	+0.0100%	1h	786.64	−0.029%	$1.2M	$933K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	786.10	−0.098%	$138.3M	$75.0M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	786.00	−0.111%	$53.5M	$113.1M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	786.60	−0.035%	$52K	$129K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	786.25	−0.079%	$37.9M	$59.6M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	785.80	−0.136%	$27.6M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	785.98	−0.113%	$76.7M	$31.6M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	786.65	−0.028%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	785.91	−0.122%	$4.0M	$4.8M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	787.27	+0.051%	$4.1M	$76.5M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	787.69	+0.104%	$159K	$438K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	786.26	−0.078%	$131K	$953K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	786.32	−0.070%	$264K	$460K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	787.05	+0.023%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	786.89	+0.002%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	786.50	−0.047%	$387K	$977K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	786.77	−0.012%	$8.0M	$10.2M	75x	as long as short
Paradex BNB-USD-PERPlong	+0.0100%	8h	786.87	long leg	$78K	$18K	50x
Extended BNB-USD	+0.0104%	1h	785.83	−0.132%	$1.8M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	786.31	−0.072%	$378K	$110K	10x	as long as short
Kalshi KXBNBPERP	+0.0117%	8h	786.90	+0.004%	$171K	$2.7M	4.8x	as long as short
Phoenix BNB	+0.0135%	1h	787.76	+0.113%	$169K	$35K	10x	as long as short
BloFin BNB-USDT	+0.0177%	8h	786.92	+0.006%	$17.7M	$2.2M	75x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	786.73	−0.018%	$1.5M	$145K	25x	as long as short
Kraken Futures PF_BNBUSD	+0.0206%	1h	786.23	−0.082%	$2.5M	$1.2M	50x	as long as short
Bulk BNB-USD	+0.0222%	1h	787.85	+0.124%	$639K	$831	10x	as long as short
GRVT BNB_USDT_Perp	+0.0227%	8h	787.38	+0.065%	$2.9M	$28.6M	10x	as long as short
01 Exchange BNBUSD	+0.0248%	1h	786.86	−0.002%	$28K	$4K	10x	as long as short
Reya BNBRUSDPERP	+0.0321%	1h	786.00	−0.110%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0438%	1h	786.64	−0.029%	$1.1M	$915K	20x	as long as short
Hibachi BNB/USDT-P	+0.0464%	1h	786.60	−0.035%	$67K	$39K	12x	as long as short