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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: HTX against Nado+0.067%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$240.243% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.348%−$35 · spread now +0.067%, 7d avg +0.017%
Together, before fees−0.346%+ Points / potential airdropNado: Active · farm board−$35 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: HTX is 0.051% dearer against Nado than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.017%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado BNB-PERP791.250.0100pay 0.0012% / 1h10m 49s$1.4M$2.6M20x
ShortHTX BNB-USDT791.780.0100get 0.0100% / 8h5h 10m$8.1M$9.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: +0.067% → +0.017%
$5.05
Slippage, 4 orders
−$5.26
Fee Nado: 3.5 bp × 2 orders
−$7
Fee HTX: 6 bp × 2 orders
−$12
Net
−$19.21
Costs to cover
0.243%
Break-even
1973800042368929.3 days
Slippage from Nado: live order book, 3 min ago; HTX: live order book, 3 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, 3 min ago0.13 bp3.7 bp −$48.7 bp −$87doesn't fitdoesn't fit
Sell HTX live order book, 3 min ago0.97 bp9.2 bp −$914.9 bp −$14948.0 bp −$4,803doesn'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 −0.0167% / S +0.0335%1h791.63+0.048%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h791.68+0.054%$4K$23925xas long as short
StandX BNB-USD0.0000%1h791.83+0.073%$856K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h791.70+0.057%$9.7M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.749%$19K$789K30xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h792.03+0.099%$615K$1.8M50xas long as short
Phemex BNBUSDT+0.0048%8h792.43+0.149%$69.4M$50.5M50xas long as short
Aster BNBUSDT+0.0050%8h792.50+0.158%$6.2M$18.6M200xas long as short
BingX BNB-USDT+0.0060%8h792.25+0.126%$34.3Mas long as short
MEXC BNB_USDT+0.0072%8h793.00+0.221%$80.6M$12.5M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0072%8h792.75+0.190%$495.3M$791.3M75xas long as short
Kraken Futures PF_BNBUSD+0.0091%1h791.71+0.059%$2.5M$1.2M50xas long as short
Lighter BNB+0.0096%1h792.08+0.105%$2.8M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h791.90+0.082%$266K$498K50xas long as short
Nado BNB-PERPlong+0.0100%1h791.25long leg$1.4M$2.6M20x
Hyperliquid BNB+0.0100%1h792.54+0.163%$52.0M$17.7M10xas long as short
Pacifica BNB+0.0100%1h791.53+0.036%$1.2M$908K20xas long as short
Bybit BNBUSDT+0.0100%8h792.01+0.096%$139.4M$76.5M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h792.00+0.095%$53.8M$111.6M50xas long as short
Arcus BNB-USD+0.0100%1h791.70+0.057%$52K$130K10xas long as short
Gate BNB_USDT+0.0100%8h792.10+0.107%$35.5M$57.3M75xas long as short
KuCoin BNBUSDTM+0.0100%8h791.84+0.075%$27.8M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h791.80+0.070%$77.1M$29.8M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h792.32+0.135%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h791.10−0.019%$4.1M$4.6Mas long as short
edgeX BNBUSDC+0.0100%4h791.77+0.066%$4.1M$74.5M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h791.88+0.080%$159K$441K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h791.44+0.024%$134K$949K10xas long as short
Derive BNB-PERP+0.0100%1h792.07+0.104%$32K$12K10xas long as short
SunX BNB-USDT+0.0100%8h792.20+0.120%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h792.00+0.095%$389K$1.0M10xas long as short
HTX BNB-USDTshort+0.0100%8h791.78+0.067%$8.1M$9.2M75x
Paradex BNB-USD-PERP+0.0102%8h791.90+0.082%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h791.75+0.063%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h791.89+0.081%$380K$110K10xas long as short
Phoenix BNB+0.0107%1h791.53+0.035%$170K$35K10xas long as short
GRVT BNB_USDT_Perp+0.0143%8h791.96+0.090%$2.9M$28.0M10xas long as short
Kalshi KXBNBPERP+0.0186%8h792.20+0.120%$82K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0192%8h792.33+0.136%$18.2M$2.2M75xas long as short
dYdX BNB-USD+0.0200%1h791.15−0.013%$160K$63K10xas long as short
01 Exchange BNBUSD+0.0288%1h792.14+0.112%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h792.38+0.143%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0327%1h791.29+0.005%$6K$3K40xas long as short
RISEx BNB/USDC+0.0361%1h791.89+0.081%$1.1M$982K20xas long as short
Bulk BNB-USD+0.0366%1h792.18+0.118%$641K$9K10xas long as short
Hibachi BNB/USDT-P+0.0584%1h791.61+0.046%$68K$38K12xas long as short