BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0045%/8h= +5.0% APRnext payment +$0.45 per $10,000 · paid last 24h −0.001%

Price spread now: Kalshi against Paradex+0.001%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Paradex Short on Kalshi

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 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	784.19	0.0100	pay 0.0100% / 8h	2h 26m	$76K	$17K	50x
Short	Kalshi KXBNBPERP	784.20	0.0146	get 0.0146% / 8h	6h 26m	$154K	$2.7M	4.8x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi 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 KalshibpOrdersPrice spread, now +0.001%Rate

Funding earned: $9.53
Price spread: +0.001% → 0.000%: $0.15
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$4.33
Costs to cover: 0.140%
Break-even: 10.2 days

Slippage unknown: Paradex: no order-book sample; Kalshi: live order book, 2 min ago. 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 Paradex no order-book sample	—	—	—	—	—
Sell Kalshi live order book, 2 min ago	3.82 bp	8.8 bp −$9	16.0 bp −$160	doesn't fit	doesn't fit

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 −0.0192% / S +0.0356%	1h	783.15	−0.132%	$46K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	783.99	−0.025%	$4K	$42	25x	as long as short
StandX BNB-USD	0.0000%	1h	784.86	+0.086%	$846K	$3.0M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	783.37	−0.104%	$9.4M	—	150x	as long as short
Aster BNBUSDT	+0.0031%	8h	784.29	+0.013%	$6.0M	$18.9M	200x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.665%	$19K	$789K	30x	as long as short
BingX BNB-USDT	+0.0042%	8h	783.99	−0.025%	—	$22.1M	—	as long as short
Phemex BNBUSDT	+0.0054%	8h	784.04	−0.019%	$68.6M	$50.5M	50x	as long as short
MEXC BNB_USDT	+0.0054%	8h	784.60	+0.052%	$79.5M	$11.9M	200x	as long as short
Binance BNBUSDT	+0.0055%	8h	784.43	+0.031%	$488.6M	$810.4M	75x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_BNBUSD	+0.0069%	1h	783.56	−0.080%	$2.5M	$1.2M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0080%	1h	783.79	−0.051%	$567K	$1.9M	50x	as long as short
Lighter BNB	+0.0096%	1h	783.69	−0.063%	$2.7M	$3.8M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	783.43	−0.097%	$264K	$489K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	783.55	−0.081%	$1.4M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	784.35	+0.021%	$51.3M	$17.6M	10x	as long as short
Pacifica BNB	+0.0100%	1h	783.90	−0.037%	$1.2M	$933K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	783.80	−0.050%	$137.7M	$74.5M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	783.60	−0.075%	$53.3M	$112.1M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	784.10	−0.011%	$52K	$129K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	783.85	−0.043%	$36.4M	$58.8M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	783.31	−0.112%	$27.6M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	783.53	−0.084%	$75.9M	$30.8M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	783.93	−0.033%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	784.13	−0.008%	$4.0M	$4.8M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	785.32	+0.144%	$4.1M	$75.1M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	785.72	+0.195%	$158K	$439K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	783.72	−0.060%	$131K	$954K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	783.49	−0.089%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	784.54	+0.045%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	783.60	−0.075%	$385K	$994K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	783.45	−0.095%	$8.0M	$10.0M	75x	as long as short
Paradex BNB-USD-PERPlong	+0.0100%	8h	784.19	long leg	$76K	$17K	50x
Extended BNB-USD	+0.0104%	1h	783.53	−0.084%	$1.8M	$6.2M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	783.73	−0.059%	$376K	$110K	10x	as long as short
Phoenix BNB	+0.0107%	1h	785.13	+0.120%	$169K	$35K	10x	as long as short
Kalshi KXBNBPERPshort	+0.0146%	8h	784.20	+0.001%	$154K	$2.7M	4.8x
dYdX BNB-USD	+0.0170%	1h	783.67	−0.067%	$159K	$62K	10x	as long as short
BloFin BNB-USDT	+0.0174%	8h	784.07	−0.015%	$17.6M	$2.2M	75x	as long as short
GRVT BNB_USDT_Perp	+0.0208%	8h	785.52	+0.170%	$2.9M	$29.3M	10x	as long as short
01 Exchange BNBUSD	+0.0296%	1h	784.57	+0.049%	$28K	$4K	10x	as long as short
Bulk BNB-USD	+0.0298%	1h	785.69	+0.191%	$637K	$4K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	783.88	−0.040%	$1.5M	$143K	25x	as long as short
Reya BNBRUSDPERP	+0.0323%	1h	783.56	−0.080%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0432%	1h	784.26	+0.009%	$1.1M	$905K	20x	as long as short
Hibachi BNB/USDT-P	+0.0504%	1h	783.85	−0.043%	$67K	$39K	12x	as long as short