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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Nado against Gate−0.019%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$260.256% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.013%+$1 on $10k
Price spread, last 7 days+0.024%+$2 · spread now −0.019%, 7d avg +0.004%
Together, before fees+0.037%+ Points / potential airdropNado: Active · farm board+$4 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 0.023% cheaper against Gate than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BNB_USDT786.400.0100pay 0.0100% / 8h53m 07s$38.1M$57.4M75x
ShortNado BNB-PERP786.250.0100get 0.0012% / 1h53m 07s$1.4M$2.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Gate. 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
$0
Price spread: −0.019% → +0.004%
−$2.29
Slippage, 4 orders
−$3.65
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$27.94
Costs to cover
0.256%
Break-even
never at this rate
Slippage from Gate: live order book, 6 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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 6 min ago0.32 bp10.2 bp −$1013.9 bp −$13929.1 bp −$2,91159.0 bp −$29.5K
Sell Nado live order book, 1 min ago0.06 bp3.6 bp −$47.4 bp −$74doesn't fitdoesn't fit

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 −0.0170% / S +0.0337%1h786.24−0.020%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h787.17+0.098%$4K$4225xas long as short
Kraken Futures PF_BNBUSD−0.0050%1h786.29−0.014%$2.5M$1.2M50xas long as short
StandX BNB-USD0.0000%1h787.08+0.086%$849K$2.7M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h786.27−0.016%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.377%$19K$789K30xas long as short
BingX BNB-USDT+0.0046%8h786.54+0.018%$22.3Mas long as short
Aster BNBUSDT+0.0048%8h786.90+0.064%$6.1M$18.8M200xas long as short
MEXC BNB_USDT+0.0056%8h787.60+0.153%$81.1M$11.9M200xas long as short
Binance BNBUSDT+0.0056%8h786.96+0.072%$489.0M$821.7M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0078%8h786.89+0.062%$68.7M$51.4M50xas long as short
dYdX BNB-USD+0.0079%1h786.61+0.027%$159K$62K10xas long as short
Lighter BNB+0.0096%1h786.55+0.019%$2.7M$3.8M20xas long as short
Phoenix BNB+0.0100%1h787.08+0.086%$169K$35K10xas long as short
Nado BNB-PERPshort+0.0100%1h786.25−0.019%$1.4M$2.7M20x
Hyperliquid BNB+0.0100%1h787.04+0.082%$51.5M$17.7M10xas long as short
Pacifica BNB+0.0100%1h786.64+0.030%$1.2M$934K20xas long as short
Bybit BNBUSDT+0.0100%8h786.36−0.005%$138.3M$74.9M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h786.20−0.025%$53.5M$113.1M50xas long as short
Arcus BNB-USD+0.0100%1h786.70+0.038%$52K$129K10xas long as short
Gate BNB_USDTlong+0.0100%8h786.40long leg$38.1M$57.4M75x
KuCoin BNBUSDTM+0.0100%8h786.11−0.037%$27.7M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h786.09−0.039%$76.4M$31.7M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h786.81+0.052%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h785.70−0.088%$4.0M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h786.65+0.032%$4.1M$76.1M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h786.75+0.045%$158K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h786.35−0.006%$131K$953K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h786.29−0.014%$264K$449K50xas long as short
Derive BNB-PERP+0.0100%1h786.41+0.001%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h786.78+0.049%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h786.50+0.013%$387K$976K10xas long as short
HTX BNB-USDT+0.0100%8h786.98+0.073%$8.0M$10.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h786.93+0.067%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h785.99−0.052%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h786.32−0.010%$378K$110K10xas long as short
Coinbase International BNB-PERP-INTX+0.0104%1h787.43+0.131%$564K$1.9M50xas long as short
Kalshi KXBNBPERP+0.0117%8h786.70+0.038%$171K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0176%8h786.80+0.051%$17.7M$2.2M75xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h786.73+0.042%$1.5M$145K25xas long as short
GRVT BNB_USDT_Perp+0.0226%8h787.01+0.078%$2.9M$28.6M10xas long as short
Bulk BNB-USD+0.0230%1h786.88+0.061%$638K$83110xas long as short
01 Exchange BNBUSD+0.0272%1h786.97+0.072%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0321%1h786.04−0.046%$6K$3K40xas long as short
RISEx BNB/USDC+0.0350%1h786.67+0.035%$1.1M$907K20xas long as short
Hibachi BNB/USDT-P+0.0448%1h786.98+0.074%$67K$39K12xas long as short