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: Orderly against Paradex−0.286%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: Orderly is 0.286% cheaper against Paradex than usual: you would sell low and buy high, −$29 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-PERP807.170.0100pay 0.0100% / 8h3h 32m$79K$19K50x
ShortOrderly PERP_BNB_USDC804.860.0100get 0.0100% / 8h3h 32m$389K$596K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$0.01
Price spread: −0.286% → 0.000%
−$28.62
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$38.63
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; Orderly: 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 Paradex no order-book sample
Sell Orderly no order-book sample
Paradex and Orderly: 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%1h805.02−0.266%$49K200xas long as short
Hotstuff BNB-PERP−0.0080%1h806.71−0.057%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h805.16−0.249%$3.0M$29.8M10xas long as short
Kalshi KXBNBPERP0.0000%8h806.50−0.083%$115K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h804.93−0.278%$870K$3.0M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0008%1h805.03−0.265%$9.8M150xas long as short
Coinbase International BNB-PERP-INTX+0.0064%1h804.75−0.300%$609K$902K50xas long as short
Variational Omni BNB+0.0069%8h804.46−0.336%$4.1M$5.5Mas long as short
BingX BNB-USDC+0.0074%8h806.05−0.139%$13.2Mas long as short
Aster BNBUSDT+0.0093%8h806.43−0.092%$6.3M$18.9M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0094%8h806.55−0.077%$70.5M$51.3M50xas long as short
MEXC BNB_USDT+0.0094%8h807.40+0.028%$85.3M$14.9M200xas long as short
Binance BNBUSDT+0.0094%8h806.37−0.099%$519.1M$806.4M75xas long as short
Lighter BNB+0.0096%1h806.38−0.098%$2.8M$4.2M20xas long as short
Nado BNB-PERP+0.0100%1h804.39−0.345%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h806.25−0.114%$1.2M$915K20xas long as short
Bybit BNBUSDT+0.0100%8h805.50−0.207%$139.3M$84.0M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h805.90−0.157%$55.3M$115.9M50xas long as short
Arcus BNB-USD+0.0100%1h806.10−0.133%$52K$222K10xas long as short
Bulk BNB-USD+0.0100%1h806.70−0.058%$652K$11K10xas long as short
Gate BNB_USDT+0.0100%8h805.85−0.164%$36.1M$58.6M75xas long as short
KuCoin BNBUSDTM+0.0100%8h806.22−0.118%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h805.48−0.209%$79.0M$24.5M75xas long as short
edgeX BNBUSDC+0.0100%4h805.45−0.214%$4.2M$76.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h805.32−0.229%$159K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h804.64−0.313%$120K$874K10xas long as short
Orderly PERP_BNB_USDCshort+0.0100%8h804.86−0.286%$389K$596K50x
Derive BNB-PERP+0.0100%1h805.05−0.263%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h805.40−0.219%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h804.90−0.281%$396K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h805.81−0.169%$8.2M$7.1M75xas long as short
Paradex BNB-USD-PERPlong+0.0100%8h807.17long leg$79K$19K50x
Extended BNB-USD+0.0104%1h805.54−0.202%$1.9M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h805.01−0.268%$387K$40K10xas long as short
Phoenix BNB+0.0110%1h805.55−0.201%$173K$35K10xas long as short
Kraken Futures PF_BNBUSD+0.0131%1h804.95−0.275%$2.5M$914K50xas long as short
RISEx BNB/USDC+0.0143%1h806.09−0.134%$1.1M$1.4M20xas long as short
Injective BNB/USDC PERP+0.0157%1h800.33−0.847%$19K$423K30xas long as short
Hyperliquid BNB+0.0210%1h807.25+0.010%$51.8M$21.5M10xas long as short
BloFin BNB-USDT+0.0214%8h806.63−0.067%$18.8M$3.0M75xas long as short
Hibachi BNB/USDT-P+0.0224%1h804.78−0.296%$72K$48K12xas long as short
01 Exchange BNBUSD+0.0288%1h806.74−0.053%$29K$1K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h805.34−0.227%$1.6M$160K25xas long as short
Reya BNBRUSDPERP+0.0336%1h804.35−0.349%$6K$3K40xas long as short
dYdX BNB-USD+0.0389%1h805.88−0.159%$171K$55K10xas long as short
Backpack BNB_USDC_PERP+0.0618%1h807.05−0.015%$3.0M$5.3M40xas long as short