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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0203%/8h= +22.2% APRpaid last 24h +0.056%
Price spread now: 01 Exchange against Paradex+0.029%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
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and 01 Exchange is 0.029% dearer against Paradex than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex BNB-USD-PERP788.230.0101pay 0.0101% / 8h2h 01m$77K$17K50x
Short01 Exchange BNBUSD788.460.0304get 0.0038% / 1h1m 19s$28K$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$42.65
Price spread: +0.029% → 0.000%
$2.9
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$34.54
Costs to cover
0.110%
Break-even
1.3 days
Slippage unknown: Paradex: no order-book sample; 01 Exchange: 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 Paradex no order-book sample
Sell 01 Exchange no order-book sample
Paradex and 01 Exchange: 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 −0.0192% / S +0.0356%1h787.86−0.047%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h788.88+0.082%$4K$4225xas long as short
StandX BNB-USD0.0000%1h788.80+0.072%$851K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h787.86−0.048%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.139%$19K$789K30xas long as short
Aster BNBUSDT+0.0045%8h788.47+0.030%$6.1M$19.0M200xas long as short
BingX BNB-USDC+0.0050%8h788.16−0.009%$13.4Mas long as short
Phemex BNBUSDT+0.0065%8h788.54+0.039%$69.0M$50.9M50xas long as short
MEXC BNB_USDT+0.0066%8h788.90+0.085%$81.0M$12.1M200xas long as short
Binance BNBUSDT+0.0067%8h788.56+0.042%$490.8M$816.3M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BNBUSD+0.0069%1h787.82−0.052%$2.5M$1.2M50xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h788.38+0.019%$569K$1.9M50xas long as short
Lighter BNB+0.0096%1h788.19−0.005%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h788.04−0.024%$265K$471K50xas long as short
Nado BNB-PERP+0.0100%1h787.90−0.042%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h788.70+0.059%$51.6M$17.6M10xas long as short
Pacifica BNB+0.0100%1h788.15−0.010%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h787.92−0.040%$138.6M$75.1M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h788.00−0.029%$53.6M$113.2M50xas long as short
Arcus BNB-USD+0.0100%1h788.20−0.004%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h788.05−0.023%$36.9M$59.7M75xas long as short
KuCoin BNBUSDTM+0.0100%8h787.63−0.076%$27.7M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h787.71−0.066%$76.3M$31.1M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h788.30+0.009%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h788.41+0.023%$4.0M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h788.57+0.043%$4.1M$76.0M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h788.84+0.077%$159K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h787.76−0.060%$132K$951K10xas long as short
Derive BNB-PERP+0.0100%1h788.230.000%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h788.48+0.032%$12K$1.5M50xas long as short
HTX BNB-USDT+0.0100%8h788.14−0.012%$8.0M$10.1M75xas long as short
Paradex BNB-USD-PERPlong+0.0101%8h788.23long leg$77K$17K50x
Extended BNB-USD+0.0104%1h787.56−0.085%$1.8M$6.2M50xas long as short
Aevo BNB-PERP+0.0104%1h788.05−0.023%$379K$110K10xas long as short
Phoenix BNB+0.0107%1h788.39+0.020%$169K$35K10xas long as short
SoDEX BNB-USD+0.0110%1h788.00−0.029%$387K$988K10xas long as short
dYdX BNB-USD+0.0126%1h787.75−0.061%$160K$62K10xas long as short
Kalshi KXBNBPERP+0.0145%8h788.40+0.021%$164K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0187%8h788.60+0.047%$17.7M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0224%8h788.73+0.064%$2.9M$29.5M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h788.35+0.015%$1.5M$143K25xas long as short
01 Exchange BNBUSDshort+0.0304%1h788.46+0.029%$28K$4K10x
Reya BNBRUSDPERP+0.0323%1h787.70−0.068%$6K$3K40xas long as short
Bulk BNB-USD+0.0339%1h788.57+0.043%$639K$4K10xas long as short
RISEx BNB/USDC+0.0432%1h788.21−0.003%$1.1M$910K20xas long as short
Hibachi BNB/USDT-P+0.0560%1h788.28+0.006%$67K$39K12xas long as short