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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0198%/8h= +21.7% APRpaid last 24h +0.056%
Price spread now: Bulk against Paradex+0.083%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 3 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
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Bulk is 0.083% dearer against Paradex than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex BNB-USD-PERP799.540.0100pay 0.0100% / 8h1h 07m$78K$19K50x
ShortBulk BNB-USD800.200.0298get 0.0037% / 1h7m 33s$650K$21K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk 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
$41.66
Price spread: +0.083% → 0.000%
$8.34
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
$38.99
Costs to cover
0.110%
Break-even
0.4 days
Slippage unknown: Paradex: no order-book sample; Bulk: live order book, 11 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 Bulk live order book, 11 min ago0.06 bp3.6 bp −$43.6 bp −$366.2 bp −$62016.1 bp −$8,052
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 −0.0201% / S +0.0372%1h799.08−0.058%$47K200xas long as short
Hotstuff BNB-PERP−0.0080%1h799.59+0.006%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h800.27+0.092%$3.0M$29.0M10xas long as short
StandX BNB-USD0.0000%1h800.63+0.137%$865K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h799.08−0.058%$9.7M150xas long as short
Variational Omni BNB+0.0030%8h799.14−0.050%$4.2M$5.4Mas long as short
BingX BNB-USDT+0.0052%8h799.02−0.065%$34.8Mas long as short
Bybit BNBUSDT+0.0065%8h798.80−0.092%$139.0M$78.7M75xas long as short
Aster BNBUSDT+0.0096%8h799.59+0.007%$6.3M$18.9M200xas long as short
Lighter BNB+0.0096%1h799.12−0.053%$2.8M$4.2M20xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0096%1h799.10−0.055%$608K$992K50xas long as short
Nado BNB-PERP+0.0100%1h798.74−0.100%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h799.06−0.060%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h798.90−0.080%$54.6M$113.6M50xas long as short
Arcus BNB-USD+0.0100%1h799.60+0.008%$53K$151K10xas long as short
Gate BNB_USDT+0.0100%8h798.70−0.105%$35.7M$58.9M75xas long as short
KuCoin BNBUSDTM+0.0100%8h798.61−0.116%$27.9M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h798.83−0.089%$80.6M$26.6M75xas long as short
edgeX BNBUSDC+0.0100%4h800.16+0.078%$4.2M$77.2M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h800.53+0.124%$161K$442K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h799.26−0.035%$121K$872K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h798.92−0.077%$386K$489K50xas long as short
Derive BNB-PERP+0.0100%1h799.06−0.059%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h800.47+0.117%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h799.00−0.067%$393K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h799.09−0.056%$8.2M$7.9M75xas long as short
Paradex BNB-USD-PERPlong+0.0100%8h799.54long leg$78K$19K50x
Kalshi KXBNBPERP+0.0100%8h799.90+0.045%$123K$2.9M4.8xas long as short
Extended BNB-USD+0.0104%1h798.44−0.138%$1.9M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h799.12−0.052%$384K$40K10xas long as short
MEXC BNB_USDT+0.0116%8h799.90+0.045%$83.1M$13.8M200xas long as short
Phemex BNBUSDT+0.0116%8h799.46−0.010%$69.9M$51.2M50xas long as short
Binance BNBUSDT+0.0116%8h799.74+0.026%$502.3M$817.7M75xas long as short
Phoenix BNB+0.0155%1h800.04+0.063%$172K$35K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h799.37−0.022%$1.6M$165K25xas long as short
Kraken Futures PF_BNBUSD+0.0207%1h798.75−0.098%$2.6M$966K50xas long as short
Hibachi BNB/USDT-P+0.0216%1h799.95+0.051%$71K$48K12xas long as short
BloFin BNB-USDT+0.0236%8h800.36+0.103%$18.3M$2.5M75xas long as short
Bulk BNB-USDshort+0.0298%1h800.20+0.083%$650K$21K10x
Injective BNB/USDC PERP+0.0311%1h805.09+0.694%$19K$789K30xas long as short
RISEx BNB/USDC+0.0318%1h799.45−0.012%$1.1M$1.4M20xas long as short
Hyperliquid BNB+0.0319%1h799.540.000%$51.7M$21.6M10xas long as short
01 Exchange BNBUSD+0.0320%1h799.61+0.009%$28K$1K10xas long as short
Reya BNBRUSDPERP+0.0332%1h798.57−0.121%$6K$3K40xas long as short
dYdX BNB-USD+0.0351%1h799.29−0.031%$161K$62K10xas long as short
Backpack BNB_USDC_PERP+0.0570%1h799.79+0.031%$2.7M$5.7M40xas long as short