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−0.0002%/8h= −0.2% APRnext payment $0.02 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Paradex−0.092%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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.092% cheaper against Paradex than usual: you would sell low and buy high, −$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex BNB-USD-PERP790.420.0102pay 0.0102% / 8h5h 51m$77K$17K50x
ShortKuCoin BNBUSDTM789.690.0100get 0.0100% / 8h5h 51m$27.7M$10.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$0.41
Price spread: −0.092% → 0.000%
−$9.24
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$25.65
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; KuCoin: live order book, 2 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 KuCoin live order book, 2 min ago0.32 bp10.6 bp −$1123.2 bp −$23249.6 bp −$4,959doesn't fit
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 45 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 −0.0167% / S +0.0335%1h789.60−0.104%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h790.01−0.052%$4K$23925xas long as short
StandX BNB-USD0.0000%1h790.13−0.037%$854K$3.2M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h789.62−0.101%$9.6M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.856%$19K$789K30xas long as short
Aster BNBUSDT+0.0039%8h790.48+0.008%$6.2M$18.7M200xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h790.00−0.053%$619K$1.8M50xas long as short
BingX BNB-USDC+0.0053%8h789.99−0.054%$13.4Mas long as short
Variational Omni BNB+0.0066%8h789.32−0.139%$4.1M$4.8Mas long as short
Phemex BNBUSDT+0.0066%8h790.35−0.009%$69.2M$50.8M50xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BNB_USDT+0.0070%8h790.80+0.048%$80.6M$12.4M200xas long as short
Binance BNBUSDT+0.0071%8h790.52+0.013%$494.5M$808.3M75xas long as short
Gate BNB_USDT+0.0082%8h789.70−0.091%$35.3M$56.5M75xas long as short
Kraken Futures PF_BNBUSD+0.0091%1h789.64−0.099%$2.5M$1.2M50xas long as short
Lighter BNB+0.0096%1h790.05−0.047%$2.8M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h789.52−0.114%$382K$380K50xas long as short
Nado BNB-PERP+0.0100%1h789.65−0.097%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h790.39−0.004%$51.8M$18.4M10xas long as short
Pacifica BNB+0.0100%1h790.03−0.049%$1.2M$909K20xas long as short
Bybit BNBUSDT+0.0100%8h789.86−0.071%$138.8M$77.9M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h789.90−0.066%$53.4M$112.9M50xas long as short
Arcus BNB-USD+0.0100%1h790.10−0.041%$52K$130K10xas long as short
KuCoin BNBUSDTMshort+0.0100%8h789.69−0.092%$27.7M$10.4M75x
Bitget BNBUSDT+0.0100%8h789.74−0.086%$77.0M$30.0M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h790.13−0.037%$2.2M$6.1M40xas long as short
edgeX BNBUSDC+0.0100%4h789.77−0.083%$4.1M$76.6M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h789.95−0.060%$159K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h789.90−0.066%$138K$945K10xas long as short
Derive BNB-PERP+0.0100%1h789.74−0.086%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h790.36−0.008%$12K$1.6M50xas long as short
HTX BNB-USDT+0.0100%8h789.66−0.096%$8.1M$9.1M75xas long as short
Paradex BNB-USD-PERPlong+0.0102%8h790.42long leg$77K$17K50x
Extended BNB-USD+0.0104%1h789.49−0.118%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h789.70−0.091%$379K$110K10xas long as short
Phoenix BNB+0.0107%1h789.07−0.171%$170K$35K10xas long as short
GRVT BNB_USDT_Perp+0.0115%8h789.99−0.054%$3.0M$27.9M10xas long as short
SoDEX BNB-USD+0.0140%1h789.80−0.078%$388K$1.0M10xas long as short
Kalshi KXBNBPERP+0.0177%8h790.40−0.003%$90K$2.8M4.8xas long as short
dYdX BNB-USD+0.0219%1h789.85−0.073%$160K$64K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h790.09−0.042%$1.5M$160K25xas long as short
01 Exchange BNBUSD+0.0304%1h790.48+0.008%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0328%1h789.78−0.081%$6K$3K40xas long as short
Bulk BNB-USD+0.0340%1h789.39−0.130%$639K$13K10xas long as short
RISEx BNB/USDC+0.0361%1h790.24−0.022%$1.1M$1.1M20xas long as short
Hibachi BNB/USDT-P+0.0552%1h789.70−0.091%$67K$39K12xas long as short