Settings8H · net · $10k
Funding arb · Price arb /

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0090%/8h= +9.9% APRpaid last 24h +0.102%
Price spread now: dYdX against Paradex−0.137%7-day average · you buy dearer than you sell
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 pays, the price is against you. dYdX is 0.137% cheaper against Paradex than usual: you would sell low and buy high (spread −0.137% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 5.1 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex BNB-USD-PERP806.240.0100pay 0.0100% / 8h1h 46m$79K$19K50x
ShortdYdX BNB-USD805.130.0190get 0.0024% / 1h46m 53s$162K$63K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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

Funding earned
$18.93
Price spread: −0.137% → 0.000%
−$13.74
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$8.81
Costs to cover
0.140%
Break-even
10.3 days
Slippage unknown: Paradex: no order-book sample; dYdX: live order book, 37 min ago. 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 Paradex no order-book sample
Sell dYdX live order book, 37 min ago12.51 bp19.7 bp −$20155.0 bp −$1,550267.1 bp −$26.7K529.2 bp −$264.6K
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%1h805.14−0.136%$49K200xas long as short
Hotstuff BNB-PERP−0.0080%1h806.30+0.008%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h805.16−0.134%$3.0M$29.3M10xas long as short
Kalshi KXBNBPERP0.0000%8h805.90−0.042%$108K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h805.19−0.130%$870K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h805.23−0.125%$9.8M150xas long as short
Variational Omni BNB+0.0047%8h804.38−0.230%$4.1M$5.3Mas long as short
BingX BNB-USDC+0.0057%8h805.48−0.094%$13.3Mas long as short
Hibachi BNB/USDT-P+0.0064%1h805.27−0.119%$71K$48K12xas long as short
Bybit BNBUSDT+0.0085%8h805.07−0.145%$139.5M$81.9M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BNB+0.0096%1h805.50−0.092%$2.8M$4.2M20xas long as short
Coinbase International BNB-PERP-INTX+0.0096%1h805.54−0.086%$608K$880K50xas long as short
Nado BNB-PERP+0.0100%1h805.50−0.092%$1.5M$2.8M20xas long as short
Pacifica BNB+0.0100%1h805.90−0.042%$1.2M$924K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h805.20−0.128%$55.1M$116.1M50xas long as short
Arcus BNB-USD+0.0100%1h806.10−0.017%$53K$170K10xas long as short
Gate BNB_USDT+0.0100%8h805.20−0.128%$36.1M$57.4M75xas long as short
KuCoin BNBUSDTM+0.0100%8h805.29−0.117%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h805.07−0.145%$78.7M$25.0M75xas long as short
edgeX BNBUSDC+0.0100%4h805.44−0.099%$4.2M$76.5M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h805.50−0.091%$162K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h805.77−0.058%$116K$870K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h805.19−0.130%$389K$592K50xas long as short
Derive BNB-PERP+0.0100%1h805.43−0.099%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h805.88−0.045%$13K$1.7M50xas long as short
HTX BNB-USDT+0.0100%8h805.57−0.083%$8.2M$7.6M75xas long as short
Paradex BNB-USD-PERPlong+0.0100%8h806.24long leg$79K$19K50x
Aster BNBUSDT+0.0103%8h805.92−0.039%$6.4M$18.8M200xas long as short
Extended BNB-USD+0.0104%1h805.05−0.147%$1.9M$6.0M50xas long as short
Aevo BNB-PERP+0.0104%1h805.30−0.115%$387K$40K10xas long as short
MEXC BNB_USDT+0.0118%8h806.40+0.020%$84.7M$13.3M200xas long as short
Binance BNBUSDT+0.0118%8h806.00−0.029%$520.7M$804.6M75xas long as short
Phemex BNBUSDT+0.0133%8h805.78−0.056%$70.3M$51.8M50xas long as short
Phoenix BNB+0.0155%1h805.60−0.079%$173K$35K10xas long as short
Hyperliquid BNB+0.0166%1h806.01−0.028%$51.9M$22.0M10xas long as short
SoDEX BNB-USD+0.0167%1h805.30−0.116%$396K$1.0M10xas long as short
dYdX BNB-USDshort+0.0190%1h805.13−0.137%$162K$63K10x
Kraken Futures PF_BNBUSD+0.0205%1h805.14−0.136%$2.5M$931K50xas long as short
BloFin BNB-USDT+0.0238%8h806.34+0.013%$18.8M$3.1M75xas long as short
Bulk BNB-USD+0.0274%1h805.55−0.085%$651K$14K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h805.70−0.067%$1.6M$165K25xas long as short
Injective BNB/USDC PERP+0.0311%1h805.09−0.142%$19K$789K30xas long as short
RISEx BNB/USDC+0.0318%1h806.05−0.023%$1.1M$1.4M20xas long as short
Reya BNBRUSDPERP+0.0333%1h805.28−0.119%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0344%1h806.73+0.061%$29K$1K10xas long as short
Backpack BNB_USDC_PERP+0.0713%1h806.41+0.022%$3.0M$5.5M40xas long as short