BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%

Price spread now: Nado against Aevo−0.083%50s7-day average −0.041% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$840.838% of the position

Long on Aevo Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.004%$0 on $10k

Price spread, last 3 days (all we have)+0.066%+$7 · spread now −0.083%, 7d avg −0.041%

Together, before fees+0.062%+ Points / potential airdropNado: Active · farm board+$6 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.042% cheaper against Aevo than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.041%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo BNB-PERP	806.52	0.0104	pay 0.0013% / 1h	37m 31s	$387K	$40K	10x
Short	Nado BNB-PERP	805.85	0.0100	get 0.0012% / 1h	37m 31s	$1.5M	$2.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Aevo. 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 AevobpFee NadobpOrdersPrice spread, now −0.083%Rate

Funding earned: −$0.84
Price spread: −0.083% → −0.041%: −$4.24
Slippage, 4 orders: −$60.82
Fee Aevo: 8 bp × 2 orders: −$16
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$88.9
Costs to cover: 0.838%
Break-even: never at this rate

Slippage from Aevo: live order book, 46 min ago; Nado: live order book, 1 min ago.

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 Aevo live order book, 46 min ago	12.10 bp	43.9 bp −$44	52.6 bp −$526	79.9 bp −$7,995	doesn't fit
Sell Nado live order book, 1 min ago	0.06 bp	3.8 bp −$4	8.2 bp −$82	doesn't fit	doesn't fit

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	806.68	+0.020%	$48K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	806.63	+0.014%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	806.76	+0.030%	$3.0M	$29.1M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	807.00	+0.060%	$106K	$2.5M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	806.55	+0.004%	$872K	$2.8M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	806.75	+0.029%	$9.8M	—	150x	as long as short
Variational Omni BNB	+0.0044%	8h	806.56	+0.005%	$4.1M	$5.3M	—	as long as short
BingX BNB-USDC	+0.0059%	8h	806.24	−0.035%	—	$13.3M	—	as long as short
Bybit BNBUSDT	+0.0083%	8h	805.60	−0.114%	$139.5M	$81.1M	75x	as long as short
Lighter BNB	+0.0096%	1h	806.41	−0.014%	$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	805.54	−0.121%	$608K	$881K	50x	as long as short
Nado BNB-PERPshort	+0.0100%	1h	805.85	−0.083%	$1.5M	$2.7M	20x
Pacifica BNB	+0.0100%	1h	806.35	−0.021%	$1.2M	$923K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	805.70	−0.102%	$55.1M	$115.9M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	806.60	+0.010%	$53K	$170K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	806.00	−0.064%	$36.1M	$57.6M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	805.94	−0.072%	$28.2M	$10.5M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	805.50	−0.126%	$78.7M	$25.0M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	807.06	+0.067%	$4.2M	$76.6M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	806.65	+0.016%	$162K	$440K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	805.73	−0.098%	$116K	$869K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	806.68	+0.020%	$390K	$592K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	806.94	+0.052%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	807.39	+0.109%	$13K	$1.7M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	806.40	−0.014%	$8.2M	$7.7M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	806.77	+0.032%	$79K	$19K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	805.71	−0.100%	$1.9M	$5.9M	50x	as long as short
Hibachi BNB/USDT-P	+0.0104%	1h	806.80	+0.035%	$71K	$48K	12x	as long as short
Aevo BNB-PERPlong	+0.0104%	1h	806.52	long leg	$387K	$40K	10x
Aster BNBUSDT	+0.0107%	8h	806.76	+0.030%	$6.4M	$18.8M	200x	as long as short
MEXC BNB_USDT	+0.0122%	8h	807.10	+0.072%	$84.8M	$13.4M	200x	as long as short
Binance BNBUSDT	+0.0123%	8h	806.43	−0.011%	$520.6M	$804.0M	75x	as long as short
Phemex BNBUSDT	+0.0135%	8h	807.03	+0.063%	$70.4M	$51.7M	50x	as long as short
Phoenix BNB	+0.0155%	1h	807.20	+0.084%	$173K	$35K	10x	as long as short
SoDEX BNB-USD	+0.0184%	1h	806.60	+0.010%	$397K	$1.0M	10x	as long as short
dYdX BNB-USD	+0.0201%	1h	806.57	+0.007%	$163K	$63K	10x	as long as short
Kraken Futures PF_BNBUSD	+0.0205%	1h	806.38	−0.017%	$2.5M	$929K	50x	as long as short
Hyperliquid BNB	+0.0232%	1h	806.76	+0.030%	$52.2M	$21.9M	10x	as long as short
BloFin BNB-USDT	+0.0242%	8h	806.92	+0.050%	$18.8M	$2.6M	75x	as long as short
Bulk BNB-USD	+0.0295%	1h	807.66	+0.141%	$652K	$14K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	806.89	+0.046%	$1.6M	$165K	25x	as long as short
Injective BNB/USDC PERP	+0.0311%	1h	805.09	−0.177%	$19K	$789K	30x	as long as short
RISEx BNB/USDC	+0.0318%	1h	806.35	−0.021%	$1.1M	$1.4M	20x	as long as short
Reya BNBRUSDPERP	+0.0333%	1h	805.52	−0.124%	$6K	$3K	40x	as long as short
01 Exchange BNBUSD	+0.0352%	1h	806.85	+0.041%	$29K	$1K	10x	as long as short
Backpack BNB_USDC_PERP	+0.0695%	1h	807.41	+0.111%	$3.0M	$5.5M	40x	as long as short