Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Nado+0.089%7-day average −0.005% · 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−$18as in the Price arb table
costs, in and out, $10k−$270.273% of the position
Funding, last 3 days (all we have)−0.010%−$1 on $10k
+Price spread, last 7 days−0.122%−$12 · spread now +0.089%, 7d avg −0.005%
=Together, before fees−0.132%+ Points / potential airdropNado: Active · farm board−$13 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: Gate is 0.094% dearer against Nado than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado BNB-PERP | 787.75 | 0.0100 | pay 0.0012% / 1h | 3m 43s | $1.5M | $2.5M | 20x |
| Short | Gate BNB_USDT | 788.45 | 0.0100 | get 0.0100% / 8h | 4h 03m | $35.5M | $57.6M | 75x |
Nado BNB-PERP
Gate BNB_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $0
- Price spread: +0.089% → −0.005%
- $9.39
- Slippage, 4 orders
- −$5.31
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$17.92
- Costs to cover
- 0.273%
- Break-even
- 1841025347710154.8 days
Slippage from Nado: live order book, 5 min ago; Gate: live order book, 5 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 | 4.3 bp −$4 | 8.0 bp −$80 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 0.32 bp | 8.2 bp −$8 | 11.2 bp −$112 | 24.6 bp −$2,458 | 51.4 bp −$25.7K |
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 −0.0189% / S +0.0354% | 1h | 788.31 | +0.071% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 788.30 | +0.070% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 788.68 | +0.118% | $851K | $3.2M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 788.39 | +0.081% | $9.5M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.201% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0034% | 8h | 789.16 | +0.179% | $6.1M | $18.7M | 200x | as long as short |
| BingX BNB-USDC | +0.0047% | 8h | 788.57 | +0.104% | — | $13.4M | — | as long as short |
| MEXC BNB_USDT | +0.0057% | 8h | 789.40 | +0.209% | $80.1M | $12.4M | 200x | as long as short |
| Phemex BNBUSDT | +0.0058% | 8h | 789.19 | +0.183% | $69.0M | $50.3M | 50x | as long as short |
| Binance BNBUSDT | +0.0058% | 8h | 789.27 | +0.192% | $492.6M | $791.4M | 75x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
Aster BNBUSDT
BingX BNB-USDC
MEXC BNB_USDT
Phemex BNBUSDT
Binance BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BNB-PERP-INTX | +0.0064% | 1h | 788.26 | +0.065% | $579K | $1.9M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 788.83 | +0.137% | $2.7M | $3.9M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 788.45 | +0.089% | $265K | $492K | 50x | as long as short |
| Nado BNB-PERPlong | +0.0100% | 1h | 787.75 | long leg | $1.5M | $2.5M | 20x | |
| Hyperliquid BNB | +0.0100% | 1h | 789.15 | +0.178% | $51.8M | $17.5M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 788.24 | +0.062% | $1.2M | $931K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 788.40 | +0.083% | $138.7M | $74.0M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 788.60 | +0.108% | $53.4M | $111.2M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 788.30 | +0.070% | $52K | $130K | 10x | as long as short |
| Gate BNB_USDTshort | +0.0100% | 8h | 788.45 | +0.089% | $35.5M | $57.6M | 75x | |
| KuCoin BNBUSDTM | +0.0100% | 8h | 788.41 | +0.084% | $28.1M | $10.4M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 788.27 | +0.066% | $76.3M | $30.2M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 788.95 | +0.152% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 787.71 | −0.005% | $4.1M | $4.7M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 788.58 | +0.106% | $4.1M | $73.2M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 788.72 | +0.123% | $159K | $441K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 788.16 | +0.052% | $133K | $950K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 788.48 | +0.093% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 788.71 | +0.122% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 788.60 | +0.108% | $388K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 788.52 | +0.098% | $8.1M | $9.5M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 788.36 | +0.078% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 788.18 | +0.054% | $1.8M | $6.1M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 788.50 | +0.096% | $379K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0117% | 1h | 788.48 | +0.093% | $169K | $35K | 10x | as long as short |
| dYdX BNB-USD | +0.0121% | 1h | 788.57 | +0.104% | $160K | $64K | 10x | as long as short |
| GRVT BNB_USDT_Perp | +0.0154% | 8h | 788.72 | +0.123% | $2.9M | $28.6M | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0176% | 8h | 788.80 | +0.133% | $132K | $2.7M | 4.8x | as long as short |
| BloFin BNB-USDT | +0.0177% | 8h | 788.55 | +0.102% | $18.1M | $2.2M | 75x | as long as short |
| Bulk BNB-USD | +0.0216% | 1h | 788.57 | +0.104% | $639K | $9K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0232% | 1h | 788.67 | +0.117% | $28K | $4K | 10x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0264% | 1h | 788.45 | +0.089% | $2.5M | $1.2M | 50x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 788.88 | +0.143% | $1.5M | $143K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0325% | 1h | 788.05 | +0.038% | $6K | $3K | 40x | as long as short |
| Hibachi BNB/USDT-P | +0.0360% | 1h | 788.19 | +0.056% | $67K | $38K | 12x | as long as short |
| RISEx BNB/USDC | +0.0461% | 1h | 788.44 | +0.087% | $1.1M | $967K | 20x | as long as short |
Coinbase International BNB-PERP-INTX
Lighter BNB
Orderly PERP_BNB_USDC
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
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
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
dYdX BNB-USD
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
BloFin BNB-USDT
Bulk BNB-USD
01 Exchange BNBUSD
Kraken Futures PF_BNBUSD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
Hibachi BNB/USDT-P
RISEx BNB/USDC