Funding you earn now, next payment 06:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.02 per $10,000 · paid last 24h −0.093%
Price spread now: Nado against dYdX−0.088%7-day average −0.016% · 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−$49as in the Price arb table
costs, in and out, $10k−$420.420% of the position
Funding, last 3 days (all we have)−0.346%−$35 on $10k
+Price spread, last 4 days (all we have)+0.059%+$6 · spread now −0.088%, 7d avg −0.016%
=Together, before fees−0.288%+ Points / potential airdropNado: Active · farm board−$29 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Nado is 0.072% cheaper against dYdX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.016%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX BNB-USD | 786.94 | 0.0113 | pay 0.0014% / 1h | 55m 14s | $159K | $61K | 10x |
| Short | Nado BNB-PERP | 786.25 | 0.0100 | get 0.0012% / 1h | 55m 14s | $1.4M | $2.7M | 20x |
dYdX BNB-USD
Nado BNB-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against dYdX. 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
- −$2.84
- Price spread: −0.088% → −0.016%
- −$7.18
- Slippage, 4 orders
- −$24.98
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$52
- Costs to cover
- 0.420%
- Break-even
- never at this rate
Slippage from dYdX: live order book, 59 min ago; Nado: live order book, 4 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 dYdX live order book, 59 min ago | 9.99 bp | 17.2 bp −$17 | 35.2 bp −$352 | 84.3 bp −$8,432 | 139.0 bp −$69.5K |
| Sell Nado live order book, 4 min ago | 0.06 bp | 3.6 bp −$4 | 9.4 bp −$94 | 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 | 786.36 | −0.074% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 787.10 | +0.020% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 787.50 | +0.071% | $849K | $3.1M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 786.39 | −0.070% | $9.5M | — | 150x | as long as short |
| Aster BNBUSDT | +0.0027% | 8h | 787.43 | +0.062% | $6.1M | $19.1M | 200x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.306% | $19K | $789K | 30x | as long as short |
| BingX BNB-USDC | +0.0034% | 8h | 786.61 | −0.042% | — | $13.4M | — | as long as short |
| MEXC BNB_USDT | +0.0048% | 8h | 787.40 | +0.058% | $79.8M | $11.8M | 200x | as long as short |
| Binance BNBUSDT | +0.0049% | 8h | 787.44 | +0.063% | $490.2M | $805.3M | 75x | as long as short |
| Phemex BNBUSDT | +0.0055% | 8h | 787.08 | +0.018% | $68.8M | $50.7M | 50x | 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-USDC
MEXC BNB_USDT
Binance BNBUSDT
Phemex 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 | 786.72 | −0.029% | $2.5M | $1.2M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0080% | 1h | 787.21 | +0.034% | $579K | $1.9M | 50x | as long as short |
| Phoenix BNB | +0.0092% | 1h | 786.98 | +0.005% | $169K | $35K | 10x | as long as short |
| Lighter BNB | +0.0096% | 1h | 786.91 | −0.004% | $2.7M | $3.8M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 786.66 | −0.036% | $265K | $491K | 50x | as long as short |
| Nado BNB-PERPshort | +0.0100% | 1h | 786.25 | −0.088% | $1.4M | $2.7M | 20x | |
| Hyperliquid BNB | +0.0100% | 1h | 786.98 | +0.005% | $51.6M | $17.5M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 786.86 | −0.010% | $1.2M | $934K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 786.54 | −0.051% | $138.2M | $74.1M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 786.50 | −0.056% | $53.4M | $111.8M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 786.70 | −0.031% | $52K | $133K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 786.45 | −0.062% | $36.1M | $57.7M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 786.07 | −0.111% | $27.5M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 786.37 | −0.073% | $76.1M | $30.7M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 787.36 | +0.053% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 786.61 | −0.042% | $4.1M | $4.6M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 787.21 | +0.034% | $4.1M | $74.5M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 787.54 | +0.076% | $159K | $438K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 786.26 | −0.087% | $131K | $956K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 786.78 | −0.020% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 787.58 | +0.081% | $12K | $1.5M | 50x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 786.60 | −0.044% | $8.1M | $9.8M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 786.88 | −0.008% | $76K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 786.43 | −0.064% | $1.8M | $6.3M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 786.78 | −0.020% | $378K | $110K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0110% | 8h | 787.10 | +0.020% | $122K | $2.7M | 4.8x | as long as short |
| dYdX BNB-USDlong | +0.0113% | 1h | 786.94 | long leg | $159K | $61K | 10x | |
| SoDEX BNB-USD | +0.0140% | 1h | 786.80 | −0.018% | $387K | $999K | 10x | as long as short |
| BloFin BNB-USDT | +0.0169% | 8h | 787.06 | +0.015% | $17.8M | $2.2M | 75x | as long as short |
| GRVT BNB_USDT_Perp | +0.0192% | 8h | 787.74 | +0.101% | $2.9M | $29.1M | 10x | as long as short |
| Bulk BNB-USD | +0.0223% | 1h | 788.23 | +0.164% | $639K | $10K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 787.15 | +0.027% | $1.5M | $143K | 25x | as long as short |
| 01 Exchange BNBUSD | +0.0320% | 1h | 787.14 | +0.025% | $28K | $4K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0324% | 1h | 786.15 | −0.100% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0432% | 1h | 786.85 | −0.012% | $1.1M | $908K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0440% | 1h | 786.80 | −0.017% | $67K | $39K | 12x | as long as short |
Kraken Futures PF_BNBUSD
Coinbase International BNB-PERP-INTX
Phoenix BNB
Lighter BNB
Orderly PERP_BNB_USDC
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
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
Kalshi KXBNBPERP
SoDEX BNB-USD
BloFin BNB-USDT
GRVT BNB_USDT_Perp
Bulk BNB-USD
Deribit BNB_USDC-PERPETUAL
01 Exchange BNBUSD
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P