data as of
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Price arb /

BNB

all BNB markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Spread before costs (cost unknown: a leg has no order-book sample)−0.168%
7d average—if it closes, per $10,000$17funding while held, a day−$14.03
Long on ParadexShort on GMX
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex BNB-USD-PERP795.830.0100pay 0.0100% / 8h6h 08m$77K$165K50x
ShortGMX BNB/USD [WBTC.b-USDC]794.50L −0.0192% / S +0.0368%pay 0.0046% / 1h8m 52s$48K—200x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$16.76
Funding while held
−$14.03
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee GMX: 6 bp × 2 orders
−$12
Net
−$46.79
Spread needed to break even
0.160%
Slippage unknown: Paradex: live order book, 32 min ago; GMX: no order-book sample. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0468%
Per $10,000 a day
−$14.03
Average in range /8h
—

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 live order book, 32 min ago4.71 bp6.7 bp −$7129.6 bp −$1,296doesn't fitdoesn't fit
Sell GMX no order-book sample—————
GMX: 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 price on every exchange

against the cheapest. Click to use as the short leg.
Reya794.18cheapestBybit794.20+0.003%Bitget794.20+0.003%Extended794.30+0.015%OKX794.30+0.016%KuCoin794.31+0.017%Gate794.45+0.034%Derive794.48+0.038%gTrade (Gains Network)794.49+0.039%Polymarket Perps794.49+0.040%
GMX794.50+0.041%
SoDEX794.50+0.041%Aevo794.60+0.053%Orderly794.61+0.055%Lighter794.63+0.057%Nado794.65+0.060%HTX794.68+0.064%Kraken Futures794.69+0.065%BingX794.71+0.067%Phoenix794.77+0.075%Arcus794.80+0.079%Coinbase International794.85+0.085%Pacifica794.88+0.089%RISEx794.88+0.089%Deribit795.00+0.103%BloFin795.00+0.104%SunX795.13+0.120%Aster795.17+0.125%Binance795.18+0.126%Variational Omni795.22+0.131%Phemex795.27+0.138%dYdX795.29+0.141%Backpack795.32+0.144%01 Exchange795.35+0.148%Kalshi795.40+0.154%edgeX795.61+0.180%Hibachi795.61+0.180%Hotstuff795.61+0.181%Hyperliquid795.65+0.186%MEXC795.80+0.204%StandX795.82+0.207%
Paradex795.83+0.208%
ApeX Omni796.24+0.260%Bulk797.23+0.385%Injective798.65+0.563%

BNB on 45 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Reya BNBRUSDPERP−0.208%+0.0331%1h$9K—40xas long as short
Bybit BNBUSDT−0.205%−0.0029%8h$137.9M$91.4M75xas long as short
Bitget BNBUSDT−0.205%+0.0100%8h$77.5M$24.9M75xas long as short
Extended BNB-USD−0.193%+0.0104%1h$1.8M$6.5M50xas long as short
OKX BNB-USDT-SWAP−0.192%+0.0100%8h$54.6M$115.5M50xas long as short
KuCoin BNBUSDTM−0.191%+0.0100%8h$27.8M$10.6M75xas long as short
Gate BNB_USDT−0.174%+0.0100%8h$36.1M$61.2M75xas long as short
Derive BNB-PERP−0.170%+0.0100%1h$32K$5K10xas long as short
gTrade (Gains Network) BNB/USD−0.169%L +0.0008% / S −0.0008%1h$9.7M—150xas long as short
Polymarket Perps BNB-USD−0.169%+0.0100%1h$123K$883K10xas long as short
Show all 45 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]short−0.168%L −0.0192% / S +0.0368%1h$48K—200x
SoDEX BNB-USD−0.167%+0.0100%1h$391K$1.0M10xas long as short
Aevo BNB-PERP−0.155%+0.0104%1h$382K$40K10xas long as short
Orderly PERP_BNB_USDC−0.154%+0.0100%8h$320K$632K50xas long as short
Lighter BNB−0.151%+0.0096%1h$2.6M$3.4M20xas long as short
Nado BNB-PERP−0.149%+0.0100%1h$1.4M$2.8M20xas long as short
HTX BNB-USDT−0.144%+0.0100%8h$8.1M$6.4M75xas long as short
Kraken Futures PF_BNBUSD−0.144%−0.0073%1h$2.5M$918K50xas long as short
BingX BNB-USDC−0.141%−0.0025%8h—$13.2M—as long as short
Phoenix BNB−0.133%+0.0130%1h$169K$30K10xas long as short
Arcus BNB-USD−0.130%+0.0100%1h$51K$239K10xas long as short
Coinbase International BNB-PERP-INTX−0.123%+0.0056%1h$597K$915K50xas long as short
Pacifica BNB−0.120%+0.0100%1h$1.2M$912K20xas long as short
RISEx BNB/USDC−0.120%+0.0119%1h$1.1M$1.5M20xas long as short
Deribit BNB_USDC-PERPETUAL−0.105%+0.0300%1h$1.6M$168K25xas long as short
BloFin BNB-USDT−0.105%+0.0219%8h$18.9M$3.0M75xas long as short
SunX BNB-USDT−0.088%+0.0100%8h$12K$1.7M50xas long as short
Aster BNBUSDT−0.083%+0.0091%8h$6.3M$19.0M200xas long as short
Binance BNBUSDT−0.082%+0.0099%8h$512.5M$809.8M75xas long as short
Variational Omni BNB−0.077%+0.0022%8h$4.0M$6.4M—as long as short
Phemex BNBUSDT−0.071%+0.0100%8h$69.7M$51.6M50xas long as short
dYdX BNB-USD−0.068%+0.0257%1h$172K$50K10xas long as short
Backpack BNB_USDC_PERP−0.064%+0.0100%1h$2.1M$4.7M40xas long as short
01 Exchange BNBUSD−0.061%+0.0240%1h$28K$1K10xas long as short
Kalshi KXBNBPERP−0.054%+0.0106%8h$152K$2.8M4.8xas long as short
edgeX BNBUSDC−0.028%+0.0100%4h$4.1M$76.8M30xas long as short
Hibachi BNB/USDT-P−0.028%+0.0176%1h$71K$47K12xas long as short
Hotstuff BNB-PERP−0.028%−0.0080%1h$4K$1K25xas long as short
Hyperliquid BNB−0.023%+0.0347%1h$51.9M$21.0M10xas long as short
MEXC BNB_USDT−0.004%+0.0100%8h$83.6M$16.8M200xas long as short
StandX BNB-USD−0.001%0.0000%1h$861K$3.3M30xas long as short
Paradex BNB-USD-PERPlong0.000%+0.0100%8h$77K$165K50x
ApeX Omni BNBUSDT+0.051%+0.0100%1h$158K$438K50xas long as short
Bulk BNB-USD+0.176%+0.0100%1h$647K$132K10xas long as short
Injective BNB/USDC PERP+0.354%+0.0033%1h$19K$387K30xas long as short