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+0.0027%/8h= +2.9% APRnext payment +$0.27 per $10,000 · paid last 24h −0.011%
Price spread now: Paradex against Aster+0.075%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · Paradex: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Paradex is 0.075% dearer against Aster than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BNBUSDT798.140.0073pay 0.0073% / 8h7h 55m$6.2M$19.3M200x
ShortParadex BNB-USD-PERP798.740.0100get 0.0100% / 8h7h 55m$78K$19K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Aster. 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
$5.64
Price spread: +0.075% → 0.000%
$7.47
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Paradex: 2 bp × 2 orders
−$4
Net
$1.11
Costs to cover
0.120%
Break-even
5.6 days
Slippage unknown: Aster: live order book, 4 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
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 4 min ago0.69 bp5.3 bp −$56.5 bp −$6519.5 bp −$1,950doesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0201% / S +0.0372%1h797.64−0.062%$47K200xas long as short
Kraken Futures PF_BNBUSD−0.0121%1h797.62−0.065%$2.5M$974K50xas long as short
Gate BNB_USDT−0.0108%8h797.90−0.030%$35.7M$55.6M75xas long as short
Hotstuff BNB-PERP−0.0080%1h798.40+0.032%$4K$23925xas long as short
Bybit BNBUSDT−0.0009%8h797.72−0.053%$138.5M$76.9M75xas long as short
GRVT BNB_USDT_Perp0.0000%8h799.17+0.129%$3.0M$27.9M10xas long as short
StandX BNB-USD0.0000%1h799.18+0.130%$864K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h797.70−0.055%$9.7M150xas long as short
Variational Omni BNB+0.0010%8h798.140.000%$4.1M$5.4Mas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+0.871%$19K$789K30xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0046%8h798.19+0.006%$69.8M$50.8M50xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h798.68+0.067%$602K$985K50xas long as short
Aster BNBUSDTlong+0.0073%8h798.14long leg$6.2M$19.3M200x
BingX BNB-USDT+0.0077%8h798.02−0.015%$35.2Mas long as short
Binance BNBUSDT+0.0094%8h798.26+0.015%$496.6M$818.2M75xas long as short
MEXC BNB_USDT+0.0094%8h798.50+0.045%$83.0M$13.5M200xas long as short
Lighter BNB+0.0096%1h797.93−0.026%$2.8M$4.0M20xas long as short
Nado BNB-PERP+0.0100%1h797.45−0.087%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h798.23+0.011%$1.2M$925K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h797.80−0.043%$54.2M$112.3M50xas long as short
Arcus BNB-USD+0.0100%1h798.20+0.007%$52K$133K10xas long as short
KuCoin BNBUSDTM+0.0100%8h797.56−0.073%$27.9M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h797.71−0.054%$78.7M$27.6M75xas long as short
edgeX BNBUSDC+0.0100%4h799.16+0.128%$4.2M$76.1M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h799.32+0.148%$161K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h797.60−0.068%$116K$872K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h797.67−0.059%$385K$481K50xas long as short
Derive BNB-PERP+0.0100%1h797.74−0.051%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h798.18+0.005%$12K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h797.90−0.030%$392K$1.0M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h797.98−0.020%$1.6M$160K25xas long as short
HTX BNB-USDT+0.0100%8h797.84−0.038%$8.2M$8.1M75xas long as short
Paradex BNB-USD-PERPshort+0.0100%8h798.74+0.075%$78K$19K50x
Extended BNB-USD+0.0104%1h797.25−0.112%$1.8M$6.6M50xas long as short
Aevo BNB-PERP+0.0104%1h798.22+0.010%$383K$129K10xas long as short
Phoenix BNB+0.0127%1h799.10+0.120%$172K$36K10xas long as short
Hibachi BNB/USDT-P+0.0144%1h798.30+0.019%$70K$43K12xas long as short
Kalshi KXBNBPERP+0.0153%8h798.60+0.057%$90K$2.9M4.8xas long as short
RISEx BNB/USDC+0.0155%1h797.87−0.034%$1.1M$1.4M20xas long as short
Bulk BNB-USD+0.0158%1h799.24+0.138%$649K$14K10xas long as short
01 Exchange BNBUSD+0.0208%1h797.99−0.019%$28K$1K10xas long as short
BloFin BNB-USDT+0.0214%8h798.20+0.007%$18.1M$2.5M75xas long as short
dYdX BNB-USD+0.0275%1h798.21+0.009%$161K$63K10xas long as short
Backpack BNB_USDC_PERP+0.0302%1h798.87+0.091%$2.7M$5.7M40xas long as short
Reya BNBRUSDPERP+0.0331%1h797.23−0.114%$6K$3K40xas long as short
Hyperliquid BNB+0.0353%1h799.00+0.108%$52.9M$21.1M10xas long as short