Funding you earn now, next payment 09:00 UTC+0.0066%/8h= +7.2% APRpaid last 24h +0.038%
Price spread now: BloFin against Nado+0.039%7-day average +0.114% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$210.206% of the position
Funding, last 4 days (all we have)+0.092%+$9 on $10k
+Price spread, last 4 days (all we have)+0.061%+$6 · spread now +0.039%, 7d avg +0.114%
=Together, before fees+0.153%+ Points / potential airdropNado: Active · farm board+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.074% cheaper against Nado than usual: you would sell low and buy high (spread +0.039% now, against its 7-day average of +0.114%). If the spread goes back, that is −$7 on $10k: about 3.8 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado BNB-PERP | 785.20 | 0.0100 | pay 0.0012% / 1h | 57m 35s | $1.3M | $2.6M | 20x |
| Short | BloFin BNB-USDT | 785.51 | 0.0166 | get 0.0166% / 8h | 7h 57m | $17.7M | $2.2M | 75x |
Nado BNB-PERP
BloFin BNB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Nado. 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
- $13.83
- Price spread: +0.039% → +0.114%
- −$7.42
- Slippage, 4 orders
- −$1.57
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$14.15
- Costs to cover
- 0.206%
- Break-even
- 14.2 days
Slippage from Nado: live order book, 1 min ago; BloFin: live order book, 11 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 Nado live order book, 1 min ago | 0.06 bp | 4.6 bp −$5 | 11.6 bp −$116 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 11 min ago | 0.13 bp | 6.1 bp −$6 | 6.7 bp −$67 | 11.4 bp −$1,140 | 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 −0.0168% / S +0.0337% | 1h | 785.44 | +0.031% | $43K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 785.77 | +0.073% | $4K | — | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0021% | 1h | 785.49 | +0.037% | $2.5M | $1.2M | 50x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 785.65 | +0.057% | $847K | $2.7M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 785.44 | +0.031% | $9.5M | — | 150x | as long as short |
| dYdX BNB-USD | +0.0012% | 1h | 785.69 | +0.062% | $159K | $62K | 10x | as long as short |
| Aster BNBUSDT | +0.0030% | 8h | 786.11 | +0.116% | $6.0M | $18.6M | 200x | as long as short |
| Phemex BNBUSDT | +0.0031% | 8h | 786.17 | +0.124% | $68.6M | $51.0M | 50x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.533% | $19K | $789K | 30x | as long as short |
| BingX BNB-USDC | +0.0038% | 8h | 785.60 | +0.051% | — | $13.4M | — | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
Kraken Futures PF_BNBUSD
StandX BNB-USD
gTrade (Gains Network) BNB/USD
dYdX BNB-USD
Aster BNBUSDT
Phemex BNBUSDT
Injective BNB/USDC PERP
BingX BNB-USDCShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BNB_USDT | +0.0045% | 8h | 786.90 | +0.217% | $81.2M | $12.0M | 200x | as long as short |
| Binance BNBUSDT | +0.0046% | 8h | 786.20 | +0.127% | $489.0M | $813.1M | 75x | as long as short |
| Lighter BNB | +0.0096% | 1h | 785.74 | +0.068% | $2.7M | $3.6M | 20x | as long as short |
| Phoenix BNB | +0.0100% | 1h | 784.80 | −0.051% | $158K | $26K | 10x | as long as short |
| Nado BNB-PERPlong | +0.0100% | 1h | 785.20 | long leg | $1.3M | $2.6M | 20x | |
| Hyperliquid BNB | +0.0100% | 1h | 785.98 | +0.099% | $51.5M | $17.6M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 785.80 | +0.077% | $1.2M | $937K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 785.70 | +0.064% | $138.4M | $73.7M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 785.70 | +0.064% | $53.4M | $111.6M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 786.00 | +0.102% | $52K | $125K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 785.95 | +0.096% | $38.7M | $55.0M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 785.41 | +0.027% | $27.7M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 785.48 | +0.036% | $75.4M | $32.5M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 785.74 | +0.069% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 784.64 | −0.071% | $4.0M | $4.7M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 784.86 | −0.043% | $4.1M | $76.7M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 784.47 | −0.093% | $158K | $439K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 785.66 | +0.059% | $131K | $942K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 785.65 | +0.057% | $264K | $358K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 784.98 | −0.028% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 785.39 | +0.024% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 785.60 | +0.051% | $386K | $955K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 785.65 | +0.058% | $8.0M | $10.3M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 786.31 | +0.141% | $78K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 785.50 | +0.038% | $1.8M | $5.8M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 785.51 | +0.040% | $377K | $110K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0106% | 8h | 786.50 | +0.166% | $171K | $2.6M | 4.8x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0120% | 1h | 785.84 | +0.082% | $547K | $1.9M | 50x | as long as short |
| BloFin BNB-USDTshort | +0.0166% | 8h | 785.51 | +0.039% | $17.7M | $2.2M | 75x | |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 785.98 | +0.099% | $1.5M | $141K | 25x | as long as short |
| Bulk BNB-USD | +0.0208% | 1h | 785.85 | +0.083% | $637K | $831 | 10x | as long as short |
| GRVT BNB_USDT_Perp | +0.0215% | 8h | 785.49 | +0.037% | $2.9M | $27.5M | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0232% | 1h | 786.52 | +0.168% | $28K | $3K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0320% | 1h | 785.22 | +0.003% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0355% | 1h | 785.82 | +0.079% | $1.1M | $916K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0432% | 1h | 785.19 | −0.001% | $67K | $39K | 12x | as long as short |
MEXC BNB_USDT
Binance BNBUSDT
Lighter BNB
Phoenix BNB
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
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Kalshi KXBNBPERP
Coinbase International BNB-PERP-INTX
Deribit BNB_USDC-PERPETUAL
Bulk BNB-USD
GRVT BNB_USDT_Perp
01 Exchange BNBUSD
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P