Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h +0.005%
Price spread now: Nado against Derive−0.066%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.066% cheaper against Derive than usual: you would sell low and buy high, −$7 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 | Derive BNB-PERP | 803.64 | 0.0100 | pay 0.0013% / 1h | 34m 39s | $32K | $5K | 10x |
| Short | Nado BNB-PERP | 803.12 | 0.0100 | get 0.0012% / 1h | 34m 39s | $1.4M | $2.8M | 20x |
Derive BNB-PERP
Nado BNB-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Derive. 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: −0.066% → 0.000%
- −$6.56
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$19.56
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Derive: no order-book sample; Nado: live order book, 4 min ago. 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 Derive no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 4 min ago | 0.06 bp | 3.8 bp −$4 | 8.6 bp −$86 | doesn't fit | doesn't fit |
Derive: 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 | 803.47 | −0.022% | $48K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 804.57 | +0.115% | $4K | $1K | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 804.19 | +0.067% | $3.0M | $29.4M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 803.80 | +0.019% | $111K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 803.92 | +0.034% | $869K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 803.49 | −0.019% | $9.8M | — | 150x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0038% | 1h | 803.67 | +0.003% | $2.5M | $908K | 50x | as long as short |
| Variational Omni BNB | +0.0051% | 8h | 802.62 | −0.127% | $4.0M | $5.3M | — | as long as short |
| BingX BNB-USDT | +0.0057% | 8h | 804.35 | +0.088% | — | $34.5M | — | as long as short |
| Bybit BNBUSDT | +0.0077% | 8h | 803.90 | +0.032% | $139.4M | $82.8M | 75x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Kraken Futures PF_BNBUSD
Variational Omni BNB
BingX BNB-USDT
Bybit BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BNBUSDT | +0.0087% | 8h | 804.59 | +0.117% | $6.4M | $18.8M | 200x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0088% | 1h | 803.99 | +0.043% | $608K | $877K | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 804.23 | +0.073% | $2.8M | $4.2M | 20x | as long as short |
| Nado BNB-PERPshort | +0.0100% | 1h | 803.12 | −0.066% | $1.4M | $2.8M | 20x | |
| Pacifica BNB | +0.0100% | 1h | 804.47 | +0.102% | $1.2M | $923K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 804.30 | +0.082% | $55.1M | $115.5M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 804.30 | +0.082% | $52K | $162K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 804.15 | +0.063% | $35.9M | $58.5M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 803.95 | +0.038% | $28.2M | $10.5M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 803.95 | +0.038% | $79.1M | $24.5M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 803.02 | −0.078% | $4.2M | $76.8M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 804.17 | +0.065% | $159K | $439K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 803.39 | −0.032% | $118K | $868K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 803.55 | −0.012% | $388K | $593K | 50x | as long as short |
| Derive BNB-PERPlong | +0.0100% | 1h | 803.64 | long leg | $32K | $5K | 10x | |
| SunX BNB-USDT | +0.0100% | 8h | 803.90 | +0.032% | $13K | $1.7M | 50x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 803.35 | −0.037% | $8.2M | $7.4M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 805.00 | +0.169% | $79K | $19K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 804.05 | +0.050% | $1.9M | $6.1M | 50x | as long as short |
| MEXC BNB_USDT | +0.0104% | 8h | 805.30 | +0.206% | $84.4M | $13.6M | 200x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 803.69 | +0.006% | $386K | $40K | 10x | as long as short |
| Binance BNBUSDT | +0.0105% | 8h | 804.91 | +0.158% | $519.2M | $802.9M | 75x | as long as short |
| Phemex BNBUSDT | +0.0124% | 8h | 804.15 | +0.063% | $70.1M | $51.7M | 50x | as long as short |
| Phoenix BNB | +0.0125% | 1h | 803.30 | −0.043% | $173K | $35K | 10x | as long as short |
| SoDEX BNB-USD | +0.0140% | 1h | 803.60 | −0.006% | $395K | $1.0M | 10x | as long as short |
| Hyperliquid BNB | +0.0151% | 1h | 804.57 | +0.115% | $51.7M | $21.3M | 10x | as long as short |
| Bulk BNB-USD | +0.0194% | 1h | 803.61 | −0.004% | $649K | $11K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 804.00 | +0.044% | $1.6M | $165K | 25x | as long as short |
| RISEx BNB/USDC | +0.0209% | 1h | 804.54 | +0.112% | $1.1M | $1.4M | 20x | as long as short |
| BloFin BNB-USDT | +0.0225% | 8h | 804.34 | +0.086% | $18.8M | $3.1M | 75x | as long as short |
| Hibachi BNB/USDT-P | +0.0248% | 1h | 803.30 | −0.043% | $71K | $48K | 12x | as long as short |
| dYdX BNB-USD | +0.0269% | 1h | 804.28 | +0.079% | $170K | $55K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0320% | 1h | 805.08 | +0.179% | $28K | $1K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0334% | 1h | 803.30 | −0.043% | $6K | $3K | 40x | as long as short |
| Injective BNB/USDC PERP | +0.0353% | 1h | 804.92 | +0.159% | $19K | $526K | 30x | as long as short |
| Backpack BNB_USDC_PERP | +0.0668% | 1h | 804.78 | +0.141% | $3.0M | $5.4M | 40x | as long as short |
Aster BNBUSDT
Coinbase International BNB-PERP-INTX
Lighter BNB
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
SunX BNB-USDT
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
MEXC BNB_USDT
Aevo BNB-PERP
Binance BNBUSDT
Phemex BNBUSDT
Phoenix BNB
SoDEX BNB-USD
Hyperliquid BNB
Bulk BNB-USD
Deribit BNB_USDC-PERPETUAL
RISEx BNB/USDC
BloFin BNB-USDT
Hibachi BNB/USDT-P
dYdX BNB-USD
01 Exchange BNBUSD
Reya BNBRUSDPERP
Injective BNB/USDC PERP
Backpack BNB_USDC_PERP