Funding arb · Price arb /

BNB

all BNB markets

Swap Backtest

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: SunX against Paradex−0.005%7-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 SunX

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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex BNB-USD-PERP	802.40	0.0100	pay 0.0100% / 8h	41m 47s	$78K	$19K	50x
Short	SunX BNB-USDT	802.36	0.0100	get 0.0100% / 8h	41m 47s	$13K	$1.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.005%Rate

Funding earned: $0
Price spread: −0.005% → 0.000%: −$0.52
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee SunX: 4 bp × 2 orders: −$8
Net: −$12.53
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; SunX: live order book, 3 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 SunX live order book, 3 min ago	15.06 bp	23.7 bp −$24	30.7 bp −$307	doesn't fit	doesn'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 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 −0.0201% / S +0.0372%	1h	801.70	−0.087%	$48K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	802.12	−0.036%	$4K	$1K	25x	as long as short
Kraken Futures PF_BNBUSD	−0.0074%	1h	801.53	−0.110%	$2.6M	$970K	50x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	803.47	+0.132%	$3.0M	$28.0M	10x	as long as short
StandX BNB-USD	0.0000%	1h	803.34	+0.117%	$868K	$2.9M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	801.76	−0.080%	$9.8M	—	150x	as long as short
Variational Omni BNB	+0.0027%	8h	802.45	+0.006%	$4.2M	$5.4M	—	as long as short
BingX BNB-USDT	+0.0048%	8h	801.68	−0.090%	—	$34.8M	—	as long as short
Bybit BNBUSDT	+0.0058%	8h	801.30	−0.138%	$139.1M	$78.6M	75x	as long as short
Coinbase International BNB-PERP-INTX	+0.0072%	1h	800.72	−0.210%	$607K	$995K	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter BNB	+0.0096%	1h	801.90	−0.063%	$2.8M	$4.1M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	801.36	−0.130%	$1.4M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	801.84	−0.071%	$1.2M	$926K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	801.60	−0.100%	$54.6M	$113.4M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	802.20	−0.026%	$53K	$133K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	801.50	−0.113%	$35.9M	$57.8M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	801.49	−0.114%	$28.0M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	801.48	−0.115%	$79.5M	$27.4M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	803.59	+0.148%	$4.2M	$77.8M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	803.34	+0.117%	$162K	$442K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	801.61	−0.099%	$117K	$875K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	801.67	−0.092%	$387K	$497K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	801.94	−0.058%	$32K	$5K	10x	as long as short
SunX BNB-USDTshort	+0.0100%	8h	802.36	−0.005%	$13K	$1.7M	50x
SoDEX BNB-USD	+0.0100%	1h	801.80	−0.075%	$394K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	802.26	−0.018%	$8.2M	$8.0M	75x	as long as short
Paradex BNB-USD-PERPlong	+0.0100%	8h	802.40	long leg	$78K	$19K	50x
Aster BNBUSDT	+0.0100%	8h	802.25	−0.020%	$6.4M	$19.0M	200x	as long as short
Extended BNB-USD	+0.0104%	1h	801.11	−0.161%	$1.8M	$6.4M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	801.85	−0.069%	$385K	$40K	10x	as long as short
Phemex BNBUSDT	+0.0113%	8h	802.37	−0.004%	$70.1M	$50.9M	50x	as long as short
Kalshi KXBNBPERP	+0.0115%	8h	802.40	−0.001%	$110K	$2.9M	4.8x	as long as short
Binance BNBUSDT	+0.0123%	8h	802.19	−0.027%	$501.6M	$817.3M	75x	as long as short
MEXC BNB_USDT	+0.0124%	8h	802.50	+0.012%	$83.4M	$13.5M	200x	as long as short
Phoenix BNB	+0.0127%	1h	803.09	+0.085%	$173K	$36K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	802.13	−0.035%	$1.6M	$165K	25x	as long as short
Hyperliquid BNB	+0.0219%	1h	802.37	−0.004%	$52.0M	$21.4M	10x	as long as short
Hibachi BNB/USDT-P	+0.0224%	1h	803.19	+0.098%	$71K	$43K	12x	as long as short
BloFin BNB-USDT	+0.0245%	8h	802.88	+0.059%	$18.2M	$2.5M	75x	as long as short
RISEx BNB/USDC	+0.0258%	1h	801.90	−0.063%	$1.1M	$1.4M	20x	as long as short
Injective BNB/USDC PERP	+0.0306%	1h	805.09	+0.335%	$19K	$789K	30x	as long as short
Bulk BNB-USD	+0.0309%	1h	803.58	+0.146%	$653K	$20K	10x	as long as short
Reya BNBRUSDPERP	+0.0332%	1h	801.24	−0.145%	$6K	$3K	40x	as long as short
01 Exchange BNBUSD	+0.0352%	1h	802.40	−0.001%	$28K	$1K	10x	as long as short
Backpack BNB_USDC_PERP	+0.0364%	1h	802.48	+0.009%	$2.7M	$5.7M	40x	as long as short
dYdX BNB-USD	+0.0432%	1h	802.20	−0.026%	$162K	$62K	10x	as long as short