Funding you earn now, next payment 03:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h +0.001%
Price spread now: Paradex against Derive+0.031%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.031% dearer against Derive than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive BNB-PERP | 791.93 | 0.0100 | pay 0.0013% / 1h | 7m 55s | $32K | $12K | 10x |
| Short | Paradex BNB-USD-PERP | 792.17 | 0.0102 | get 0.0102% / 8h | 5h 07m | $77K | $17K | 50x |
Derive BNB-PERP
Paradex BNB-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Derive. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.38
- Price spread: +0.031% → 0.000%
- $3.1
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$6.52
- Costs to cover
- 0.100%
- Break-even
- 127.2 days
Slippage unknown: Derive: no order-book sample; 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 Derive no order-book sample | — | — | — | — | — |
| Sell Paradex no order-book sample | — | — | — | — | — |
Derive and 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 −0.0167% / S +0.0335% | 1h | 791.36 | −0.071% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 791.61 | −0.040% | $4K | $239 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 792.95 | +0.129% | $857K | $3.1M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 791.89 | −0.004% | $9.7M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +1.662% | $19K | $789K | 30x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0048% | 1h | 792.68 | +0.095% | $592K | $1.9M | 50x | as long as short |
| Aster BNBUSDT | +0.0050% | 8h | 791.75 | −0.023% | $6.2M | $18.7M | 200x | as long as short |
| Phemex BNBUSDT | +0.0050% | 8h | 792.19 | +0.033% | $69.4M | $50.4M | 50x | as long as short |
| BingX BNB-USDC | +0.0060% | 8h | 791.48 | −0.057% | — | $13.4M | — | as long as short |
| Binance BNBUSDT | +0.0071% | 8h | 791.34 | −0.074% | $494.2M | $791.9M | 75x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
Coinbase International BNB-PERP-INTX
Aster BNBUSDT
Phemex BNBUSDT
BingX BNB-USDC
Binance BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BNB_USDT | +0.0072% | 8h | 791.80 | −0.016% | $80.4M | $12.5M | 200x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0091% | 1h | 791.72 | −0.026% | $2.5M | $1.2M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 791.84 | −0.011% | $2.8M | $3.9M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 791.80 | −0.016% | $266K | $498K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 791.10 | −0.105% | $1.5M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 792.11 | +0.023% | $52.0M | $17.5M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 791.54 | −0.049% | $1.2M | $914K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 790.64 | −0.163% | $139.1M | $76.8M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 790.50 | −0.180% | $53.6M | $112.0M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 791.60 | −0.042% | $52K | $130K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 790.95 | −0.124% | $35.4M | $57.4M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 791.24 | −0.087% | $27.8M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 790.51 | −0.179% | $76.6M | $30.3M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 791.94 | +0.001% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 791.10 | −0.105% | $4.1M | $4.6M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 791.85 | −0.009% | $4.1M | $74.5M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 791.88 | −0.006% | $159K | $441K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 791.26 | −0.084% | $134K | $949K | 10x | as long as short |
| Derive BNB-PERPlong | +0.0100% | 1h | 791.93 | long leg | $32K | $12K | 10x | |
| SunX BNB-USDT | +0.0100% | 8h | 791.99 | +0.008% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 791.80 | −0.016% | $389K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 792.00 | +0.009% | $8.1M | $9.2M | 75x | as long as short |
| Paradex BNB-USD-PERPshort | +0.0102% | 8h | 792.17 | +0.031% | $77K | $17K | 50x | |
| Extended BNB-USD | +0.0104% | 1h | 790.64 | −0.163% | $1.8M | $5.9M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 791.73 | −0.025% | $380K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0107% | 1h | 791.53 | −0.050% | $170K | $35K | 10x | as long as short |
| GRVT BNB_USDT_Perp | +0.0143% | 8h | 792.25 | +0.041% | $2.9M | $27.9M | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0187% | 8h | 792.80 | +0.110% | $104K | $2.7M | 4.8x | as long as short |
| dYdX BNB-USD | +0.0189% | 1h | 791.19 | −0.093% | $160K | $63K | 10x | as long as short |
| BloFin BNB-USDT | +0.0192% | 8h | 791.99 | +0.008% | $18.2M | $2.2M | 75x | as long as short |
| 01 Exchange BNBUSD | +0.0280% | 1h | 791.89 | −0.005% | $28K | $4K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0327% | 1h | 791.05 | −0.112% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0361% | 1h | 791.71 | −0.028% | $1.1M | $979K | 20x | as long as short |
| Bulk BNB-USD | +0.0366% | 1h | 792.18 | +0.032% | $641K | $9K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0400% | 1h | 792.24 | +0.040% | $1.5M | $143K | 25x | as long as short |
| Hibachi BNB/USDT-P | +0.0584% | 1h | 792.19 | +0.032% | $68K | $38K | 12x | as long as short |
MEXC BNB_USDT
Kraken Futures PF_BNBUSD
Lighter BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
dYdX BNB-USD
BloFin BNB-USDT
01 Exchange BNBUSD
Reya BNBRUSDPERP
RISEx BNB/USDC
Bulk BNB-USD
Deribit BNB_USDC-PERPETUAL
Hibachi BNB/USDT-P