BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0454%/8h= −49.8% APRnext payment −$0.57 per $10,000 · paid last 24h −0.119%

Price spread now: GMX against Nado−0.016%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Nado Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$14 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado BNB-PERP	788.90	0.0100	pay 0.0012% / 1h	57m 04s	$1.5M	$2.6M	20x
Short	GMX BNB/USD [WBTC.b-USDC]	788.78	L −0.0190% / S +0.0354%	pay 0.0044% / 1h	57m 04s	$46K	—	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now −0.016%Rate

Funding earned: −$95.44
Price spread: −0.016% → 0.000%: −$1.56
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: −$116
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Nado: live order book, 2 min ago; GMX: no order-book sample. Net counts fees only.

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, 2 min ago	0.13 bp	4.2 bp −$4	9.9 bp −$99	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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]short	L −0.0190% / S +0.0354%	1h	788.78	−0.016%	$46K	—	200x
Kraken Futures PF_BNBUSD	−0.0124%	1h	788.91	+0.001%	$2.5M	$1.2M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	789.38	+0.061%	$4K	$42	25x	as long as short
StandX BNB-USD	0.0000%	1h	789.04	+0.018%	$851K	$3.2M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	788.78	−0.015%	$9.5M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.052%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0035%	8h	789.36	+0.059%	$6.1M	$18.7M	200x	as long as short
BingX BNB-USDC	+0.0046%	8h	789.01	+0.014%	—	$13.4M	—	as long as short
MEXC BNB_USDT	+0.0057%	8h	789.70	+0.101%	$80.1M	$12.0M	200x	as long as short
Binance BNBUSDT	+0.0057%	8h	789.33	+0.054%	$492.8M	$793.0M	75x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex BNBUSDT	+0.0060%	8h	789.49	+0.075%	$69.0M	$50.2M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0072%	1h	789.35	+0.057%	$580K	$1.9M	50x	as long as short
Lighter BNB	+0.0096%	1h	789.00	+0.013%	$2.7M	$3.8M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	788.86	−0.005%	$265K	$492K	50x	as long as short
Nado BNB-PERPlong	+0.0100%	1h	788.90	long leg	$1.5M	$2.6M	20x
Hyperliquid BNB	+0.0100%	1h	789.29	+0.050%	$51.8M	$17.6M	10x	as long as short
Pacifica BNB	+0.0100%	1h	789.14	+0.030%	$1.2M	$931K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	788.71	−0.024%	$138.8M	$74.0M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	788.70	−0.025%	$53.4M	$111.4M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	789.20	+0.038%	$52K	$133K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	788.75	−0.019%	$35.6M	$56.4M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	788.68	−0.028%	$28.1M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	788.67	−0.029%	$76.3M	$30.3M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	789.20	+0.038%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	789.11	+0.027%	$4.1M	$4.8M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	789.65	+0.095%	$4.1M	$73.2M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	789.53	+0.080%	$159K	$440K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	788.69	−0.027%	$131K	$952K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	788.93	+0.003%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	789.45	+0.070%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	788.90	0.000%	$388K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	788.84	−0.007%	$8.1M	$9.5M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	789.38	+0.060%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	788.44	−0.059%	$1.9M	$6.2M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	788.86	−0.004%	$379K	$110K	10x	as long as short
Phoenix BNB	+0.0117%	1h	789.25	+0.044%	$170K	$34K	10x	as long as short
Kalshi KXBNBPERP	+0.0140%	8h	789.40	+0.063%	$135K	$2.7M	4.8x	as long as short
dYdX BNB-USD	+0.0150%	1h	789.25	+0.044%	$160K	$64K	10x	as long as short
GRVT BNB_USDT_Perp	+0.0161%	8h	789.88	+0.124%	$2.9M	$28.5M	10x	as long as short
BloFin BNB-USDT	+0.0177%	8h	789.40	+0.063%	$18.1M	$2.2M	75x	as long as short
Bulk BNB-USD	+0.0216%	1h	788.57	−0.042%	$639K	$9K	10x	as long as short
01 Exchange BNBUSD	+0.0272%	1h	789.42	+0.066%	$28K	$4K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	789.25	+0.045%	$1.5M	$143K	25x	as long as short
Reya BNBRUSDPERP	+0.0325%	1h	788.55	−0.044%	$6K	$3K	40x	as long as short
Hibachi BNB/USDT-P	+0.0368%	1h	789.41	+0.064%	$67K	$39K	12x	as long as short
RISEx BNB/USDC	+0.0431%	1h	789.27	+0.047%	$1.1M	$902K	20x	as long as short