BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0031%/8h= −3.4% APRnext payment −$0.31 per $10,000 · paid last 24h −0.003%

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

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

Long on Phemex Short on Paradex

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	Phemex BNBUSDT	806.30	0.0131	pay 0.0131% / 8h	1h 44m	$70.4M	$51.9M	50x
Short	Paradex BNB-USD-PERP	806.44	0.0100	get 0.0100% / 8h	1h 44m	$79K	$19K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Phemex. 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 PhemexbpFee ParadexbpOrdersPrice spread, now +0.017%Rate

Funding earned: −$6.5
Price spread: +0.017% → 0.000%: $1.7
Slippage, 4 orders: no order book: not counted
Fee Phemex: 6 bp × 2 orders: −$12
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$20.8
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Phemex: live order book, 4 min ago; Paradex: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Phemex live order book, 4 min ago	0.06 bp	6.5 bp −$7	7.7 bp −$77	13.7 bp −$1,368	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

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 −0.0195% / S +0.0371%	1h	805.66	−0.079%	$49K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	806.24	−0.007%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	806.06	−0.030%	$3.0M	$29.2M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	806.10	−0.025%	$108K	$2.5M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	805.84	−0.057%	$871K	$2.8M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	805.72	−0.072%	$9.8M	—	150x	as long as short
Variational Omni BNB	+0.0048%	8h	804.97	−0.165%	$4.1M	$5.3M	—	as long as short
BingX BNB-USDT	+0.0059%	8h	805.72	−0.072%	—	$34.5M	—	as long as short
Hibachi BNB/USDT-P	+0.0072%	1h	805.61	−0.086%	$71K	$48K	12x	as long as short
Bybit BNBUSDT	+0.0084%	8h	805.21	−0.135%	$139.5M	$81.2M	75x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter BNB	+0.0096%	1h	806.05	−0.031%	$2.8M	$4.2M	20x	as long as short
Coinbase International BNB-PERP-INTX	+0.0096%	1h	805.54	−0.094%	$608K	$882K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	805.48	−0.102%	$1.5M	$2.8M	20x	as long as short
Pacifica BNB	+0.0100%	1h	806.01	−0.036%	$1.2M	$924K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	805.40	−0.112%	$55.1M	$116.1M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	806.10	−0.025%	$53K	$170K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	805.50	−0.099%	$36.1M	$57.4M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	805.47	−0.103%	$28.2M	$10.5M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	805.17	−0.140%	$78.7M	$25.0M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	806.11	−0.024%	$4.2M	$76.6M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	805.91	−0.048%	$162K	$439K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	805.73	−0.071%	$116K	$870K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	805.67	−0.078%	$389K	$592K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	805.86	−0.055%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	806.18	−0.014%	$13K	$1.7M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	805.57	−0.091%	$8.2M	$7.6M	75x	as long as short
Paradex BNB-USD-PERPshort	+0.0100%	8h	806.44	+0.017%	$79K	$19K	50x
Aster BNBUSDT	+0.0104%	8h	806.29	−0.001%	$6.4M	$18.8M	200x	as long as short
Extended BNB-USD	+0.0104%	1h	805.30	−0.124%	$1.9M	$6.0M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	805.84	−0.058%	$387K	$40K	10x	as long as short
MEXC BNB_USDT	+0.0119%	8h	806.70	+0.050%	$84.7M	$13.4M	200x	as long as short
Binance BNBUSDT	+0.0119%	8h	806.29	−0.001%	$520.8M	$804.0M	75x	as long as short
Phemex BNBUSDTlong	+0.0131%	8h	806.30	long leg	$70.4M	$51.9M	50x
Phoenix BNB	+0.0155%	1h	805.60	−0.087%	$173K	$35K	10x	as long as short
Hyperliquid BNB	+0.0182%	1h	806.34	+0.005%	$51.9M	$22.0M	10x	as long as short
SoDEX BNB-USD	+0.0187%	1h	805.80	−0.062%	$396K	$1.0M	10x	as long as short
dYdX BNB-USD	+0.0200%	1h	805.84	−0.057%	$162K	$63K	10x	as long as short
Kraken Futures PF_BNBUSD	+0.0205%	1h	805.85	−0.056%	$2.5M	$929K	50x	as long as short
BloFin BNB-USDT	+0.0239%	8h	806.43	+0.016%	$18.8M	$3.1M	75x	as long as short
Bulk BNB-USD	+0.0274%	1h	805.55	−0.093%	$651K	$14K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	806.19	−0.013%	$1.6M	$165K	25x	as long as short
Injective BNB/USDC PERP	+0.0311%	1h	805.09	−0.150%	$19K	$789K	30x	as long as short
RISEx BNB/USDC	+0.0318%	1h	806.00	−0.037%	$1.1M	$1.4M	20x	as long as short
Reya BNBRUSDPERP	+0.0333%	1h	805.35	−0.118%	$6K	$3K	40x	as long as short
01 Exchange BNBUSD	+0.0352%	1h	806.65	+0.043%	$29K	$1K	10x	as long as short
Backpack BNB_USDC_PERP	+0.0715%	1h	806.70	+0.050%	$3.0M	$5.5M	40x	as long as short