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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0090%/8h= +9.9% APRnext payment +$0.90 per $10,000 · paid last 24h +0.015%
Price spread now: Paradex against Variational Omni+0.088%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · Paradex: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Paradex is 0.088% dearer against Variational Omni than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni BNB792.530.0010pay 0.0010% / 8h6h 45m$4.1M$5.0M
ShortParadex BNB-USD-PERP793.220.0100get 0.0100% / 8h6h 45m$77K$17K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Variational Omni. 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
$18.95
Price spread: +0.088% → 0.000%
$8.75
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Paradex: 2 bp × 2 orders
−$4
Net
$23.7
Costs to cover
0.040%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 4 min ago3.34 bpdoesn't fit5.0 bp −$50doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0161% / S +0.0334%1h792.73+0.026%$47K200xas long as short
Kraken Futures PF_BNBUSD−0.0132%1h792.99+0.058%$2.5M$1.0M50xas long as short
Hotstuff BNB-PERP−0.0080%1h793.07+0.068%$4K$23925xas long as short
Gate BNB_USDT−0.0017%8h792.65+0.015%$35.4M$55.4M75xas long as short
StandX BNB-USD0.0000%1h793.57+0.132%$858K$3.0M30xas long as short
GRVT BNB_USDT_Perp+0.0002%8h793.91+0.174%$3.0M$28.4M10xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h792.91+0.048%$9.7M150xas long as short
Variational Omni BNBlong+0.0010%8h792.53long leg$4.1M$5.0M
Aster BNBUSDT+0.0033%8h793.35+0.104%$6.1M$19.9M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.585%$19K$789K30xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0033%8h793.54+0.128%$69.3M$50.3M50xas long as short
BingX BNB-USDC+0.0036%8h793.01+0.061%$13.4Mas long as short
dYdX BNB-USD+0.0039%1h793.14+0.078%$160K$63K10xas long as short
Coinbase International BNB-PERP-INTX+0.0056%1h792.52−0.001%$608K$1.1M50xas long as short
MEXC BNB_USDT+0.0062%8h793.50+0.123%$82.3M$12.7M200xas long as short
Binance BNBUSDT+0.0062%8h793.21+0.086%$493.5M$815.2M75xas long as short
Phoenix BNB+0.0088%1h792.08−0.056%$170K$36K10xas long as short
Lighter BNB+0.0096%1h792.92+0.049%$2.8M$3.9M20xas long as short
Bybit BNBUSDT+0.0098%8h792.90+0.047%$138.2M$77.0M75xas long as short
Orderly PERP_BNB_USDC+0.0100%8h792.95+0.053%$383K$409K50xas long as short
Nado BNB-PERP+0.0100%1h792.75+0.028%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h793.06+0.067%$1.2M$932K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h792.80+0.034%$53.2M$111.1M50xas long as short
Arcus BNB-USD+0.0100%1h793.00+0.060%$52K$134K10xas long as short
KuCoin BNBUSDTM+0.0100%8h792.63+0.013%$27.7M$10.0M75xas long as short
Bitget BNBUSDT+0.0100%8h792.51−0.002%$77.4M$28.3M75xas long as short
edgeX BNBUSDC+0.0100%4h793.14+0.077%$4.1M$76.9M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h793.99+0.185%$160K$435K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h792.66+0.017%$112K$887K10xas long as short
Derive BNB-PERP+0.0100%1h793.19+0.084%$32K$9K10xas long as short
SunX BNB-USDT+0.0100%8h793.39+0.109%$13K$1.6M50xas long as short
SoDEX BNB-USD+0.0100%1h793.10+0.072%$390K$995K10xas long as short
HTX BNB-USDT+0.0100%8h792.75+0.028%$8.1M$8.7M75xas long as short
Paradex BNB-USD-PERPshort+0.0100%8h793.22+0.088%$77K$17K50x
Extended BNB-USD+0.0104%1h792.49−0.004%$1.7M$6.0M50xas long as short
Aevo BNB-PERP+0.0104%1h793.08+0.070%$381K$110K10xas long as short
Hyperliquid BNB+0.0124%1h793.42+0.113%$52.6M$19.8M10xas long as short
RISEx BNB/USDC+0.0131%1h792.98+0.057%$1.1M$1.4M20xas long as short
Kalshi KXBNBPERP+0.0160%8h793.40+0.110%$112K$2.8M4.8xas long as short
Bulk BNB-USD+0.0167%1h793.21+0.086%$644K$10K10xas long as short
BloFin BNB-USDT+0.0182%8h794.06+0.193%$18.1M$2.5M75xas long as short
01 Exchange BNBUSD+0.0240%1h793.21+0.086%$28K$2K10xas long as short
Reya BNBRUSDPERP+0.0329%1h792.51−0.002%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0371%1h793.78+0.158%$2.7M$5.7M40xas long as short
Deribit BNB_USDC-PERPETUAL+0.0400%1h793.57+0.132%$1.6M$161K25xas long as short
Hibachi BNB/USDT-P+0.0472%1h793.05+0.066%$68K$38K12xas long as short