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: Paradex against Orderly+0.098%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 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: Paradex is 0.098% dearer against Orderly than usual: you sell high and buy low, +$10 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_BNB_USDC805.180.0100pay 0.0100% / 8h1h 49m$389K$592K50x
ShortParadex BNB-USD-PERP805.970.0100get 0.0100% / 8h1h 49m$79K$19K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Orderly. 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
$0.02
Price spread: +0.098% → 0.000%
$9.79
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$0.19
Costs to cover
0.100%
Break-even
61.0 days
Slippage unknown: Orderly: 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
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Paradex no order-book sample
Orderly 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0195% / S +0.0371%1h805.06−0.015%$49K200xas long as short
Hotstuff BNB-PERP−0.0080%1h805.58+0.050%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h805.16−0.003%$3.0M$29.3M10xas long as short
Kalshi KXBNBPERP0.0000%8h806.00+0.102%$108K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h805.40+0.027%$870K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h805.11−0.008%$9.8M150xas long as short
Variational Omni BNB+0.0047%8h804.38−0.099%$4.1M$5.3Mas long as short
Hibachi BNB/USDT-P+0.0056%1h805.180.000%$71K$48K12xas long as short
BingX BNB-USDC+0.0057%8h805.43+0.031%$13.3Mas long as short
Bybit BNBUSDT+0.0084%8h805.00−0.022%$139.5M$82.1M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BNB+0.0096%1h805.59+0.051%$2.8M$4.2M20xas long as short
Coinbase International BNB-PERP-INTX+0.0096%1h805.76+0.072%$608K$882K50xas long as short
Nado BNB-PERP+0.0100%1h804.80−0.047%$1.5M$2.8M20xas long as short
Pacifica BNB+0.0100%1h805.33+0.019%$1.2M$924K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h805.20+0.002%$55.1M$116.2M50xas long as short
Arcus BNB-USD+0.0100%1h805.50+0.040%$53K$170K10xas long as short
Gate BNB_USDT+0.0100%8h805.20+0.002%$36.2M$57.2M75xas long as short
KuCoin BNBUSDTM+0.0100%8h805.27+0.011%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h804.96−0.027%$78.7M$25.0M75xas long as short
edgeX BNBUSDC+0.0100%4h805.44+0.032%$4.2M$76.5M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h805.60+0.052%$162K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h805.00−0.022%$116K$870K10xas long as short
Orderly PERP_BNB_USDClong+0.0100%8h805.18long leg$389K$592K50x
Derive BNB-PERP+0.0100%1h805.36+0.022%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h805.79+0.076%$13K$1.7M50xas long as short
HTX BNB-USDT+0.0100%8h805.32+0.018%$8.2M$7.6M75xas long as short
Paradex BNB-USD-PERPshort+0.0100%8h805.97+0.098%$79K$19K50x
Aster BNBUSDT+0.0103%8h805.73+0.068%$6.4M$18.8M200xas long as short
Extended BNB-USD+0.0104%1h804.83−0.044%$1.9M$6.0M50xas long as short
Aevo BNB-PERP+0.0104%1h805.45+0.033%$387K$40K10xas long as short
MEXC BNB_USDT+0.0117%8h806.20+0.127%$84.6M$13.3M200xas long as short
Binance BNBUSDT+0.0118%8h805.99+0.101%$520.7M$805.1M75xas long as short
Phemex BNBUSDT+0.0134%8h805.92+0.092%$70.3M$51.8M50xas long as short
SoDEX BNB-USD+0.0145%1h805.40+0.027%$396K$1.0M10xas long as short
Phoenix BNB+0.0155%1h805.39+0.026%$173K$35K10xas long as short
Hyperliquid BNB+0.0155%1h806.09+0.113%$51.9M$22.0M10xas long as short
dYdX BNB-USD+0.0185%1h805.13−0.007%$162K$63K10xas long as short
Kraken Futures PF_BNBUSD+0.0205%1h805.39+0.026%$2.5M$932K50xas long as short
BloFin BNB-USDT+0.0238%8h805.81+0.078%$18.8M$3.1M75xas long as short
Bulk BNB-USD+0.0274%1h805.55+0.046%$651K$14K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h805.72+0.067%$1.6M$165K25xas long as short
Injective BNB/USDC PERP+0.0311%1h805.09−0.011%$19K$789K30xas long as short
RISEx BNB/USDC+0.0318%1h805.37+0.023%$1.1M$1.4M20xas long as short
Reya BNBRUSDPERP+0.0333%1h804.73−0.056%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0344%1h805.89+0.088%$29K$1K10xas long as short
Backpack BNB_USDC_PERP+0.0712%1h806.40+0.152%$3.0M$5.5M40xas long as short