Funding arb · Price arb /

BNB

all BNB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h 0.000%

Price spread now: Paradex against ApeX Omni+0.007%50s7-day average — · you sell dearer than you buy

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

Long on ApeX Omni Short on Paradex

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	ApeX Omni BNBUSDT	788.27	0.0100	pay 0.0013% / 1h	24m 42s	$159K	$437K	50x
Short	Paradex BNB-USD-PERP	788.32	0.0101	get 0.0101% / 8h	1h 24m	$78K	$18K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against ApeX Omni. 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 ApeX OmnibpFee ParadexbpOrdersPrice spread, now +0.007%Rate

Funding earned: $0.12
Price spread: +0.007% → 0.000%: $0.69
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$13.19
Costs to cover: 0.140%
Break-even: 773.1 days

Slippage unknown: ApeX Omni: live order book, 18 min ago; Paradex: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy ApeX Omni live order book, 18 min ago	5.15 bp	10.3 bp −$10	33.7 bp −$337	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

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	787.63	−0.081%	$43K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	787.87	−0.051%	$4K	$42	25x	as long as short
StandX BNB-USD	0.0000%	1h	788.35	+0.010%	$850K	$2.8M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	787.94	−0.042%	$9.5M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.134%	$19K	$789K	30x	as long as short
BingX BNB-USDT	+0.0051%	8h	787.81	−0.058%	—	$22.3M	—	as long as short
Aster BNBUSDT	+0.0052%	8h	788.16	−0.014%	$6.1M	$18.8M	200x	as long as short
MEXC BNB_USDT	+0.0064%	8h	788.80	+0.067%	$81.1M	$12.1M	200x	as long as short
Binance BNBUSDT	+0.0064%	8h	788.21	−0.008%	$490.9M	$818.2M	75x	as long as short
dYdX BNB-USD	+0.0072%	1h	788.07	−0.026%	$160K	$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	+0.0076%	8h	788.45	+0.023%	$68.9M	$51.1M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0080%	1h	787.30	−0.123%	$568K	$1.9M	50x	as long as short
Lighter BNB	+0.0096%	1h	787.85	−0.053%	$2.7M	$3.8M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	787.51	−0.097%	$1.4M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	788.31	+0.005%	$51.6M	$17.6M	10x	as long as short
Pacifica BNB	+0.0100%	1h	787.91	−0.045%	$1.2M	$933K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	787.53	−0.094%	$138.6M	$75.1M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	787.50	−0.098%	$53.6M	$113.3M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	787.90	−0.047%	$52K	$129K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	787.70	−0.072%	$37.6M	$59.2M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	787.31	−0.122%	$27.7M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	787.47	−0.101%	$76.2M	$31.2M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	788.05	−0.028%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	787.71	−0.071%	$4.1M	$4.8M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	787.92	−0.044%	$4.1M	$76.1M	30x	as long as short
ApeX Omni BNBUSDTlong	+0.0100%	1h	788.27	long leg	$159K	$437K	50x
Polymarket Perps BNB-USD	+0.0100%	1h	788.00	−0.034%	$132K	$951K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	787.91	−0.046%	$265K	$470K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	786.03	−0.284%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	788.38	+0.014%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	788.00	−0.034%	$387K	$981K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	787.81	−0.058%	$8.0M	$10.2M	75x	as long as short
Paradex BNB-USD-PERPshort	+0.0101%	8h	788.32	+0.007%	$78K	$18K	50x
Extended BNB-USD	+0.0104%	1h	787.33	−0.119%	$1.8M	$6.1M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	787.88	−0.050%	$378K	$110K	10x	as long as short
Phoenix BNB	+0.0135%	1h	788.01	−0.033%	$169K	$35K	10x	as long as short
Kalshi KXBNBPERP	+0.0137%	8h	788.00	−0.034%	$170K	$2.7M	4.8x	as long as short
BloFin BNB-USDT	+0.0185%	8h	788.46	+0.024%	$17.7M	$2.2M	75x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	788.27	+0.001%	$1.5M	$145K	25x	as long as short
Kraken Futures PF_BNBUSD	+0.0205%	1h	787.76	−0.065%	$2.5M	$1.2M	50x	as long as short
GRVT BNB_USDT_Perp	+0.0230%	8h	788.36	+0.012%	$2.9M	$29.5M	10x	as long as short
01 Exchange BNBUSD	+0.0248%	1h	788.14	−0.016%	$28K	$4K	10x	as long as short
Bulk BNB-USD	+0.0291%	1h	787.29	−0.124%	$638K	$4K	10x	as long as short
Reya BNBRUSDPERP	+0.0322%	1h	787.81	−0.059%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0438%	1h	788.03	−0.031%	$1.1M	$915K	20x	as long as short
Hibachi BNB/USDT-P	+0.0512%	1h	788.08	−0.024%	$67K	$39K	12x	as long as short