Funding arb · Price arb /

BNB

all BNB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Paradex against SunX−0.117%7-day average — · you buy dearer than you sell

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

Long on SunX 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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.117% cheaper against SunX than usual: you would sell low and buy high, −$12 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX BNB-USDT	800.47	0.0100	pay 0.0100% / 8h	1h 07m	$13K	$1.7M	50x
Short	Paradex BNB-USD-PERP	799.54	0.0100	get 0.0100% / 8h	1h 07m	$78K	$19K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against SunX. 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 SunXbpFee ParadexbpOrdersPrice spread, now −0.117%Rate

Funding earned: $0.01
Price spread: −0.117% → 0.000%: −$11.69
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$23.68
Costs to cover: 0.120%
Break-even: 30596.0 days

Slippage unknown: SunX: live order book, 7 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 SunX live order book, 7 min ago	15.07 bp	21.8 bp −$22	29.3 bp −$293	doesn't fit	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 −0.0201% / S +0.0372%	1h	799.08	−0.175%	$47K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	799.59	−0.110%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	800.27	−0.025%	$3.0M	$29.0M	10x	as long as short
StandX BNB-USD	0.0000%	1h	800.63	+0.019%	$865K	$2.9M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	799.08	−0.174%	$9.7M	—	150x	as long as short
Variational Omni BNB	+0.0030%	8h	799.14	−0.166%	$4.2M	$5.4M	—	as long as short
BingX BNB-USDT	+0.0052%	8h	799.02	−0.182%	—	$34.8M	—	as long as short
Bybit BNBUSDT	+0.0065%	8h	798.80	−0.209%	$139.0M	$78.7M	75x	as long as short
Aster BNBUSDT	+0.0096%	8h	799.59	−0.110%	$6.3M	$18.9M	200x	as long as short
Lighter BNB	+0.0096%	1h	799.12	−0.170%	$2.8M	$4.2M	20x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International BNB-PERP-INTX	+0.0096%	1h	799.10	−0.172%	$608K	$992K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	798.74	−0.217%	$1.4M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	799.06	−0.176%	$1.2M	$926K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	798.90	−0.197%	$54.6M	$113.6M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	799.60	−0.109%	$53K	$151K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	798.70	−0.222%	$35.7M	$58.9M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	798.61	−0.233%	$27.9M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	798.83	−0.205%	$80.6M	$26.6M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	800.16	−0.039%	$4.2M	$77.2M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	800.53	+0.007%	$161K	$442K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	799.26	−0.152%	$121K	$872K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	798.92	−0.194%	$386K	$489K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	799.06	−0.176%	$32K	$5K	10x	as long as short
SunX BNB-USDTlong	+0.0100%	8h	800.47	long leg	$13K	$1.7M	50x
SoDEX BNB-USD	+0.0100%	1h	799.00	−0.184%	$393K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	799.09	−0.173%	$8.2M	$7.9M	75x	as long as short
Paradex BNB-USD-PERPshort	+0.0100%	8h	799.54	−0.117%	$78K	$19K	50x
Kalshi KXBNBPERP	+0.0100%	8h	799.90	−0.072%	$123K	$2.9M	4.8x	as long as short
Extended BNB-USD	+0.0104%	1h	798.44	−0.255%	$1.9M	$6.3M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	799.12	−0.169%	$384K	$40K	10x	as long as short
MEXC BNB_USDT	+0.0116%	8h	799.90	−0.072%	$83.1M	$13.8M	200x	as long as short
Phemex BNBUSDT	+0.0116%	8h	799.46	−0.127%	$69.9M	$51.2M	50x	as long as short
Binance BNBUSDT	+0.0116%	8h	799.74	−0.091%	$502.3M	$817.7M	75x	as long as short
Phoenix BNB	+0.0155%	1h	800.04	−0.054%	$172K	$35K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	799.37	−0.139%	$1.6M	$165K	25x	as long as short
Kraken Futures PF_BNBUSD	+0.0207%	1h	798.75	−0.215%	$2.6M	$966K	50x	as long as short
Hibachi BNB/USDT-P	+0.0216%	1h	799.95	−0.065%	$71K	$48K	12x	as long as short
BloFin BNB-USDT	+0.0236%	8h	800.36	−0.014%	$18.3M	$2.5M	75x	as long as short
Bulk BNB-USD	+0.0298%	1h	800.20	−0.034%	$650K	$21K	10x	as long as short
Injective BNB/USDC PERP	+0.0311%	1h	805.09	+0.577%	$19K	$789K	30x	as long as short
RISEx BNB/USDC	+0.0318%	1h	799.45	−0.129%	$1.1M	$1.4M	20x	as long as short
Hyperliquid BNB	+0.0319%	1h	799.54	−0.117%	$51.7M	$21.6M	10x	as long as short
01 Exchange BNBUSD	+0.0320%	1h	799.61	−0.108%	$28K	$1K	10x	as long as short
Reya BNBRUSDPERP	+0.0332%	1h	798.57	−0.237%	$6K	$3K	40x	as long as short
dYdX BNB-USD	+0.0351%	1h	799.29	−0.148%	$161K	$62K	10x	as long as short
Backpack BNB_USDC_PERP	+0.0570%	1h	799.79	−0.085%	$2.7M	$5.7M	40x	as long as short