Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: Nado against Arcus−0.051%7-day average −0.111% · 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−$19as in the Price arb table
costs, in and out, $10k−$250.249% of the position
Funding, last 3 days (all we have)−0.053%−$5 on $10k
+Price spread, last 4 days (all we have)+0.028%+$3 · spread now −0.051%, 7d avg −0.111%
=Together, before fees−0.025%+ Points / potential airdropNado: Active · farm board−$2 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 0.060% dearer against Arcus than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.111%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus BNB-USD | 784.70 | 0.0100 | pay 0.0013% / 1h | 23m 20s | $52K | $129K | 10x |
| Short | Nado BNB-PERP | 784.30 | 0.0100 | get 0.0012% / 1h | 23m 20s | $1.4M | $2.7M | 20x |
Arcus BNB-USD
Nado BNB-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Arcus. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.051% → −0.111%
- $5.96
- Slippage, 4 orders
- −$13.36
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$18.9
- Costs to cover
- 0.249%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 25 min ago; Nado: live order book, 6 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 Arcus live order book, 25 min ago | 3.17 bp | 8.0 bp −$8 | 24.9 bp −$249 | doesn't fit | doesn't fit |
| Sell Nado live order book, 6 min ago | 0.06 bp | 4.4 bp −$4 | 10.2 bp −$102 | 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 −0.0192% / S +0.0356% | 1h | 784.16 | −0.069% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 785.14 | +0.056% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 785.63 | +0.119% | $847K | $3.0M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 784.30 | −0.051% | $9.5M | — | 150x | as long as short |
| Aster BNBUSDT | +0.0033% | 8h | 785.04 | +0.043% | $6.1M | $19.0M | 200x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.598% | $19K | $789K | 30x | as long as short |
| BingX BNB-USDT | +0.0042% | 8h | 784.52 | −0.023% | — | $22.1M | — | as long as short |
| Phemex BNBUSDT | +0.0051% | 8h | 785.01 | +0.040% | $68.7M | $50.5M | 50x | as long as short |
| MEXC BNB_USDT | +0.0056% | 8h | 785.20 | +0.064% | $80.2M | $12.0M | 200x | as long as short |
| Binance BNBUSDT | +0.0057% | 8h | 785.00 | +0.038% | $489.1M | $811.5M | 75x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Aster BNBUSDT
Injective BNB/USDC PERP
BingX BNB-USDT
Phemex BNBUSDT
MEXC BNB_USDT
Binance BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BNBUSD | +0.0069% | 1h | 784.31 | −0.050% | $2.5M | $1.2M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0080% | 1h | 784.62 | −0.010% | $567K | $1.9M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 784.58 | −0.015% | $2.7M | $3.8M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 784.42 | −0.036% | $264K | $489K | 50x | as long as short |
| Nado BNB-PERPshort | +0.0100% | 1h | 784.30 | −0.051% | $1.4M | $2.7M | 20x | |
| Hyperliquid BNB | +0.0100% | 1h | 784.96 | +0.033% | $51.4M | $17.6M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 784.84 | +0.018% | $1.2M | $933K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 784.30 | −0.051% | $137.7M | $74.7M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 784.20 | −0.064% | $53.3M | $112.3M | 50x | as long as short |
| Arcus BNB-USDlong | +0.0100% | 1h | 784.70 | long leg | $52K | $129K | 10x | |
| Gate BNB_USDT | +0.0100% | 8h | 784.40 | −0.038% | $36.5M | $58.9M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 784.02 | −0.087% | $27.6M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 784.03 | −0.085% | $75.9M | $31.0M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 785.15 | +0.057% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 783.72 | −0.125% | $4.0M | $4.8M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 784.31 | −0.050% | $4.1M | $75.2M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 784.92 | +0.028% | $158K | $439K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 784.28 | −0.054% | $131K | $951K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 784.51 | −0.024% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 784.95 | +0.032% | $12K | $1.5M | 50x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 784.93 | +0.029% | $8.0M | $10.0M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 784.96 | +0.033% | $76K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 784.08 | −0.078% | $1.8M | $6.2M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 784.49 | −0.027% | $377K | $110K | 10x | as long as short |
| SoDEX BNB-USD | +0.0105% | 1h | 784.50 | −0.025% | $386K | $993K | 10x | as long as short |
| Phoenix BNB | +0.0107% | 1h | 784.35 | −0.045% | $169K | $35K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0149% | 8h | 785.10 | +0.051% | $161K | $2.7M | 4.8x | as long as short |
| dYdX BNB-USD | +0.0167% | 1h | 784.36 | −0.043% | $159K | $62K | 10x | as long as short |
| BloFin BNB-USDT | +0.0177% | 8h | 785.15 | +0.057% | $17.7M | $2.2M | 75x | as long as short |
| GRVT BNB_USDT_Perp | +0.0210% | 8h | 785.65 | +0.121% | $2.9M | $29.2M | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0296% | 1h | 785.06 | +0.046% | $28K | $4K | 10x | as long as short |
| Bulk BNB-USD | +0.0298% | 1h | 785.69 | +0.126% | $637K | $4K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 784.84 | +0.018% | $1.5M | $143K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0323% | 1h | 784.15 | −0.070% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0432% | 1h | 784.73 | +0.004% | $1.1M | $905K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0512% | 1h | 784.74 | +0.005% | $67K | $39K | 12x | as long as short |
Kraken Futures PF_BNBUSD
Coinbase International BNB-PERP-INTX
Lighter BNB
Orderly PERP_BNB_USDC
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
SoDEX BNB-USD
Phoenix BNB
Kalshi KXBNBPERP
dYdX BNB-USD
BloFin BNB-USDT
GRVT BNB_USDT_Perp
01 Exchange BNBUSD
Bulk BNB-USD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P