BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0225%/8h= +24.6% APRnext payment +$0.28 per $10,000 · paid last 24h +0.104%

Price spread now: dYdX against Nado+0.080%7-day average +0.015% · 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−$38as in the Price arb table

costs, in and out, $10k−$450.449% of the position

Long on Nado Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.341%+$34 on $10k

Price spread, last 4 days (all we have)−0.159%−$16 · spread now +0.080%, 7d avg +0.015%

Together, before fees+0.181%+ Points / potential airdropNado: Active · farm board+$18 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and dYdX is 0.065% dearer against Nado than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado BNB-PERP	798.95	0.0100	pay 0.0012% / 1h	59m 21s	$1.4M	$2.7M	20x
Short	dYdX BNB-USD	799.59	0.0325	get 0.0041% / 1h	59m 21s	$161K	$63K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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

Position, each leg$Hold fordaysFee NadobpFee dYdXbpOrdersPrice spread, now +0.080%Rate

Funding earned: $47.27
Price spread: +0.080% → +0.015%: $6.48
Slippage, 4 orders: −$27.87
Fee Nado: 3.5 bp × 2 orders: −$7
Fee dYdX: 5 bp × 2 orders: −$10
Net: $8.87
Costs to cover: 0.449%
Break-even: 5.7 days

Slippage from Nado: live order book, 5 min ago; dYdX: live order book, 15 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, 5 min ago	0.06 bp	3.6 bp −$4	8.0 bp −$80	doesn't fit	doesn't fit
Sell dYdX live order book, 15 min ago	9.69 bp	21.6 bp −$22	52.9 bp −$529	82.6 bp −$8,265	129.5 bp −$64.8K

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 −0.0201% / S +0.0372%	1h	799.05	+0.013%	$47K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0121%	1h	799.09	+0.017%	$2.5M	$975K	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	799.82	+0.109%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	799.73	+0.097%	$3.0M	$27.9M	10x	as long as short
StandX BNB-USD	0.0000%	1h	800.22	+0.159%	$865K	$2.9M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	799.08	+0.017%	$9.7M	—	150x	as long as short
Variational Omni BNB	+0.0009%	8h	798.84	−0.013%	$4.1M	$5.4M	—	as long as short
BingX BNB-USDC	+0.0030%	8h	799.34	+0.049%	—	$13.4M	—	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+0.769%	$19K	$789K	30x	as long as short
Coinbase International BNB-PERP-INTX	+0.0048%	1h	798.68	−0.034%	$602K	$985K	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster BNBUSDT	+0.0077%	8h	799.65	+0.088%	$6.2M	$19.3M	200x	as long as short
Phemex BNBUSDT	+0.0092%	8h	800.02	+0.134%	$70.0M	$50.7M	50x	as long as short
Lighter BNB	+0.0096%	1h	799.25	+0.037%	$2.8M	$4.0M	20x	as long as short
Binance BNBUSDT	+0.0097%	8h	799.52	+0.071%	$497.7M	$818.8M	75x	as long as short
MEXC BNB_USDT	+0.0097%	8h	799.80	+0.106%	$83.1M	$13.5M	200x	as long as short
Nado BNB-PERPlong	+0.0100%	1h	798.95	long leg	$1.4M	$2.7M	20x
Pacifica BNB	+0.0100%	1h	799.48	+0.066%	$1.2M	$925K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	798.83	−0.015%	$138.7M	$76.9M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	798.80	−0.019%	$54.4M	$112.8M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	799.40	+0.056%	$53K	$133K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	798.80	−0.019%	$35.8M	$55.5M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	799.19	+0.030%	$28.0M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	798.84	−0.014%	$78.9M	$27.6M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	799.66	+0.089%	$4.2M	$76.5M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	799.37	+0.053%	$161K	$436K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	799.05	+0.013%	$116K	$872K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	798.99	+0.005%	$386K	$494K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	799.16	+0.026%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	799.62	+0.083%	$13K	$1.7M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	799.30	+0.044%	$393K	$1.0M	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0100%	1h	799.49	+0.067%	$1.6M	$165K	25x	as long as short
HTX BNB-USDT	+0.0100%	8h	799.71	+0.095%	$8.2M	$8.1M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	799.90	+0.119%	$78K	$19K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	798.68	−0.034%	$1.8M	$6.6M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	799.15	+0.025%	$384K	$40K	10x	as long as short
Phoenix BNB	+0.0127%	1h	799.98	+0.129%	$172K	$35K	10x	as long as short
Hibachi BNB/USDT-P	+0.0152%	1h	799.60	+0.082%	$70K	$43K	12x	as long as short
Kalshi KXBNBPERP	+0.0154%	8h	799.70	+0.094%	$91K	$2.9M	4.8x	as long as short
RISEx BNB/USDC	+0.0155%	1h	799.30	+0.044%	$1.1M	$1.4M	20x	as long as short
Hyperliquid BNB	+0.0171%	1h	799.89	+0.118%	$52.5M	$20.8M	10x	as long as short
Bulk BNB-USD	+0.0191%	1h	798.83	−0.016%	$649K	$17K	10x	as long as short
BloFin BNB-USDT	+0.0217%	8h	800.12	+0.146%	$18.1M	$2.5M	75x	as long as short
01 Exchange BNBUSD	+0.0248%	1h	799.80	+0.106%	$28K	$1K	10x	as long as short
Backpack BNB_USDC_PERP	+0.0308%	1h	800.23	+0.160%	$2.7M	$5.7M	40x	as long as short
dYdX BNB-USDshort	+0.0325%	1h	799.59	+0.080%	$161K	$63K	10x
Reya BNBRUSDPERP	+0.0331%	1h	798.72	−0.029%	$6K	$3K	40x	as long as short