BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0085%/8h= −9.3% APRnext payment −$0.85 per $10,000 · paid last 24h −0.003%

Price spread now: Binance against Paradex+0.013%7-day average +0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$250.251% of the position

Long on Paradex Short on Binance

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.023%−$2 on $10k

Price spread, last 4 days (all we have)+0.044%+$4 · spread now +0.013%, 7d avg +0.017%

Together, before fees+0.021%+ Points / potential airdropParadex: Active · farm board+$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.017%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex BNB-USD-PERP	787.60	0.0100	pay 0.0100% / 8h	5h 52m	$78K	$386K	50x
Short	Binance BNBUSDT	787.70	0.0015	get 0.0015% / 8h	5h 52m	$481.4M	$765.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.013%Rate

Funding earned: −$17.82
Price spread: +0.013% → +0.017%: −$0.42
Slippage, 4 orders: −$11.07
Fee Paradex: 2 bp × 2 orders: −$4
Fee Binance: 5 bp × 2 orders: −$10
Net: −$43.32
Costs to cover: 0.251%
Break-even: never at this rate

Slippage from Paradex: live order book, 60 min ago; Binance: live order book, 15 min ago.

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 live order book, 60 min ago	5.47 bp	7.5 bp −$7	120.2 bp −$1,202	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	0.06 bp	5.1 bp −$5	7.0 bp −$70	16.2 bp −$1,616	doesn't fit

BNB on 45 exchanges

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 −0.0166% / S +0.0336%	1h	787.06	−0.069%	$43K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0085%	1h	787.00	−0.077%	$2.5M	$1.2M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	788.09	+0.062%	$4K	—	25x	as long as short
Aster BNBUSDT	0.0000%	8h	787.72	+0.015%	$5.9M	$17.0M	200x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	787.82	+0.028%	$3.0M	$26.5M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	787.90	+0.038%	$139K	$2.5M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	788.22	+0.079%	$850K	$2.9M	30x	as long as short
Deribit BNB_USDC-PERPETUAL	0.0000%	1h	787.43	−0.022%	$1.5M	$157K	25x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	787.21	−0.049%	$9.5M	—	150x	as long as short
MEXC BNB_USDT	+0.0015%	8h	788.70	+0.140%	$83.3M	$11.7M	200x	as long as short

Show all 45 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BNBUSDTshort	+0.0015%	8h	787.70	+0.013%	$481.4M	$765.3M	75x
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.221%	$19K	$789K	30x	as long as short
Bybit BNBUSDT	+0.0043%	8h	786.80	−0.102%	$138.5M	$67.0M	75x	as long as short
BloFin BNB-USDT	+0.0063%	8h	787.99	+0.050%	$18.4M	$2.2M	75x	as long as short
Phemex BNBUSDT	+0.0093%	8h	787.76	+0.020%	$68.5M	$51.0M	50x	as long as short
Lighter BNB	+0.0096%	1h	787.24	−0.046%	$2.7M	$3.3M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	786.85	−0.096%	$1.4M	$2.4M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	787.74	+0.018%	$51.9M	$16.8M	10x	as long as short
Pacifica BNB	+0.0100%	1h	787.29	−0.039%	$1.2M	$932K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	786.90	−0.089%	$53.3M	$102.1M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	787.40	−0.025%	$57K	$122K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	787.05	−0.070%	$41.2M	$53.8M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	786.99	−0.077%	$28.2M	$9.6M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	786.81	−0.100%	$75.6M	$30.7M	75x	as long as short
BingX BNB-USDT	+0.0100%	8h	787.28	−0.041%	—	$50.1M	—	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	787.70	+0.013%	$2.2M	$6.0M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	786.85	−0.095%	$4.3M	$4.5M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	787.81	+0.027%	$4.1M	$74.6M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	787.94	+0.043%	$159K	$444K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	787.02	−0.074%	$130K	$905K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	787.11	−0.062%	$264K	$297K	50x	as long as short
SunX BNB-USDT	+0.0100%	8h	787.67	+0.009%	$12K	$1.3M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	787.50	−0.013%	$387K	$926K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	787.41	−0.024%	$8.0M	$10.0M	75x	as long as short
Paradex BNB-USD-PERPlong	+0.0100%	8h	787.60	long leg	$78K	$386K	50x
Extended BNB-USD	+0.0104%	1h	786.63	−0.123%	$1.8M	$5.6M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	786.95	−0.083%	$378K	$110K	10x	as long as short
Phoenix BNB	+0.0120%	1h	787.92	+0.041%	$158K	$45K	10x	as long as short
Coinbase International BNB-PERP-INTX	+0.0120%	1h	787.48	−0.015%	$545K	$1.9M	50x	as long as short
01 Exchange BNBUSD	+0.0240%	1h	787.65	+0.006%	$28K	$3K	10x	as long as short
Bulk BNB-USD	+0.0282%	1h	788.09	+0.063%	$639K	$0	10x	as long as short
Reya BNBRUSDPERP	+0.0317%	1h	786.68	−0.117%	$6K	$3K	40x	as long as short
Hibachi BNB/USDT-P	+0.0320%	1h	787.44	−0.020%	$67K	$37K	12x	as long as short
RISEx BNB/USDC	+0.0393%	1h	787.41	−0.024%	$1.1M	$901K	20x	as long as short
dYdX BNB-USD	+0.1054%	1h	787.47	−0.016%	$158K	$34K	10x	as long as short