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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: ApeX Omni against Nado+0.112%7-day average +0.092% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$330.333% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)0.000%$0 on $10k
Price spread, last 3 days (all we have)−0.003%$0 · spread now +0.112%, 7d avg +0.092%
Together, before fees−0.003%+ Points / potential airdropNado: Active · farm board$0 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: ApeX Omni is 0.020% dearer against Nado than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.092%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado BNB-PERP798.480.0100pay 0.0012% / 1h57m 14s$1.4M$2.7M20x
ShortApeX Omni BNBUSDT799.370.0100get 0.0013% / 1h57m 14s$161K$436K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Nado. 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: +0.112% → +0.092%
$2.03
Slippage, 4 orders
−$16.26
Fee Nado: 3.5 bp × 2 orders
−$7
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$31.24
Costs to cover
0.333%
Break-even
3209337089541819.0 days
Slippage from Nado: live order book, 2 min ago; ApeX Omni: live order book, 15 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 Nado live order book, 2 min ago0.06 bp3.6 bp −$48.9 bp −$89doesn't fitdoesn't fit
Sell ApeX Omni live order book, 15 min ago2.06 bp18.0 bp −$1839.1 bp −$391doesn'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 −0.0201% / S +0.0372%1h798.85+0.046%$47K200xas long as short
Kraken Futures PF_BNBUSD−0.0121%1h798.37−0.014%$2.5M$977K50xas long as short
Hotstuff BNB-PERP−0.0080%1h799.09+0.077%$4K$23925xas long as short
Gate BNB_USDT−0.0019%8h798.55+0.009%$35.7M$55.6M75xas long as short
GRVT BNB_USDT_Perp0.0000%8h799.73+0.157%$3.0M$27.9M10xas long as short
StandX BNB-USD0.0000%1h799.39+0.114%$864K$2.9M30xas long as short
Phemex BNBUSDT0.0000%8h799.12+0.080%$69.9M$50.7M50xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h798.83+0.045%$9.7M150xas long as short
Variational Omni BNB+0.0009%8h798.84+0.046%$4.1M$5.4Mas long as short
BingX BNB-USDC+0.0030%8h798.98+0.063%$13.3Mas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BNB/USDC PERP+0.0033%1h805.09+0.828%$19K$789K30xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h798.68+0.025%$602K$985K50xas long as short
Bybit BNBUSDT+0.0062%8h798.35−0.016%$138.7M$76.8M75xas long as short
Aster BNBUSDT+0.0074%8h799.33+0.106%$6.2M$19.3M200xas long as short
MEXC BNB_USDT+0.0095%8h799.40+0.116%$83.1M$13.5M200xas long as short
Binance BNBUSDT+0.0095%8h799.17+0.087%$497.2M$818.8M75xas long as short
Lighter BNB+0.0096%1h798.90+0.053%$2.8M$4.0M20xas long as short
Nado BNB-PERPlong+0.0100%1h798.48long leg$1.4M$2.7M20x
Pacifica BNB+0.0100%1h798.76+0.035%$1.2M$925K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h798.30−0.022%$54.4M$112.5M50xas long as short
Arcus BNB-USD+0.0100%1h799.10+0.078%$53K$133K10xas long as short
KuCoin BNBUSDTM+0.0100%8h798.68+0.025%$28.0M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h798.39−0.011%$78.8M$27.6M75xas long as short
edgeX BNBUSDC+0.0100%4h799.62+0.144%$4.2M$76.0M30xas long as short
ApeX Omni BNBUSDTshort+0.0100%1h799.37+0.112%$161K$436K50x
Polymarket Perps BNB-USD+0.0100%1h798.60+0.015%$116K$872K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h798.57+0.012%$386K$494K50xas long as short
Derive BNB-PERP+0.0100%1h798.75+0.034%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h799.17+0.086%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h798.80+0.040%$393K$1.0M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h799.00+0.065%$1.6M$160K25xas long as short
HTX BNB-USDT+0.0100%8h798.53+0.007%$8.2M$8.1M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h799.37+0.111%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h798.30−0.022%$1.8M$6.6M50xas long as short
Aevo BNB-PERP+0.0104%1h798.84+0.046%$384K$60K10xas long as short
Phoenix BNB+0.0127%1h799.98+0.188%$172K$35K10xas long as short
Hibachi BNB/USDT-P+0.0152%1h799.05+0.071%$70K$43K12xas long as short
Kalshi KXBNBPERP+0.0154%8h799.40+0.116%$90K$2.9M4.8xas long as short
RISEx BNB/USDC+0.0155%1h798.96+0.060%$1.1M$1.4M20xas long as short
Bulk BNB-USD+0.0158%1h799.24+0.095%$649K$14K10xas long as short
01 Exchange BNBUSD+0.0200%1h799.44+0.121%$28K$1K10xas long as short
BloFin BNB-USDT+0.0215%8h799.13+0.082%$18.1M$2.5M75xas long as short
dYdX BNB-USD+0.0228%1h798.89+0.051%$161K$63K10xas long as short
Hyperliquid BNB+0.0270%1h799.54+0.133%$52.5M$20.8M10xas long as short
Backpack BNB_USDC_PERP+0.0285%1h799.38+0.113%$2.7M$5.7M40xas long as short
Reya BNBRUSDPERP+0.0331%1h798.39−0.010%$6K$3K40xas long as short