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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against Nado+0.044%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$200.203% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.003%$0 on $10k
Price spread, last 7 days−0.082%−$8 · spread now +0.044%, 7d avg −0.014%
Together, before fees−0.085%+ Points / potential airdropNado: Active · farm board−$8 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: OKX is 0.058% dearer against Nado than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado BNB-PERP788.750.0100pay 0.0012% / 1h44m 58s$1.5M$2.6M20x
ShortOKX BNB-USDT-SWAP789.100.0100get 0.0100% / 8h4h 44m$53.4M$111.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.044% → −0.014%
$5.82
Slippage, 4 orders
−$3.28
Fee Nado: 3.5 bp × 2 orders
−$7
Fee OKX: 5 bp × 2 orders
−$10
Net
−$14.46
Costs to cover
0.203%
Break-even
1485655694177979.8 days
Slippage from Nado: live order book, 4 min ago; OKX: live order book, 4 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, 4 min ago0.13 bp4.6 bp −$510.2 bp −$102doesn't fitdoesn't fit
Sell OKX live order book, 4 min ago0.63 bp5.7 bp −$68.1 bp −$8122.4 bp −$2,240doesn'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 −0.0184% / S +0.0349%1h789.21+0.059%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h789.19+0.056%$4K$4225xas long as short
StandX BNB-USD0.0000%1h789.70+0.120%$853K$3.2M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h789.15+0.051%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.072%$19K$789K30xas long as short
Aster BNBUSDT+0.0041%8h789.86+0.141%$6.1M$18.7M200xas long as short
BingX BNB-USDT+0.0054%8h789.34+0.075%$34.3Mas long as short
Coinbase International BNB-PERP-INTX+0.0064%1h790.64+0.240%$583K$1.9M50xas long as short
MEXC BNB_USDT+0.0066%8h790.10+0.171%$80.2M$12.3M200xas long as short
Binance BNBUSDT+0.0067%8h789.89+0.145%$492.8M$789.6M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0076%8h789.80+0.133%$69.1M$50.0M50xas long as short
Lighter BNB+0.0096%1h789.36+0.078%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h789.34+0.075%$266K$492K50xas long as short
Nado BNB-PERPlong+0.0100%1h788.75long leg$1.5M$2.6M20x
Hyperliquid BNB+0.0100%1h789.86+0.141%$51.8M$17.5M10xas long as short
Pacifica BNB+0.0100%1h789.27+0.066%$1.2M$931K20xas long as short
Bybit BNBUSDT+0.0100%8h789.00+0.032%$138.7M$74.8M75xas long as short
OKX BNB-USDT-SWAPshort+0.0100%8h789.10+0.044%$53.4M$111.2M50x
Arcus BNB-USD+0.0100%1h789.30+0.070%$52K$130K10xas long as short
Gate BNB_USDT+0.0100%8h789.10+0.044%$35.4M$56.6M75xas long as short
KuCoin BNBUSDTM+0.0100%8h789.13+0.048%$27.6M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h789.02+0.034%$76.4M$30.4M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h789.70+0.120%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h788.50−0.031%$4.1M$4.6Mas long as short
edgeX BNBUSDC+0.0100%4h789.10+0.044%$4.1M$74.6M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h789.58+0.105%$159K$440K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h789.09+0.043%$133K$950K10xas long as short
Derive BNB-PERP+0.0100%1h789.36+0.077%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h789.88+0.143%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h789.30+0.070%$388K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h788.84+0.012%$8.1M$9.3M75xas long as short
Paradex BNB-USD-PERP+0.0101%8h789.81+0.134%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h788.84+0.012%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h789.34+0.075%$379K$110K10xas long as short
dYdX BNB-USD+0.0115%1h789.05+0.038%$160K$64K10xas long as short
Phoenix BNB+0.0117%1h789.31+0.071%$170K$35K10xas long as short
GRVT BNB_USDT_Perp+0.0134%8h789.57+0.104%$2.9M$28.0M10xas long as short
Kalshi KXBNBPERP+0.0182%8h789.60+0.108%$124K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0187%8h789.81+0.134%$18.2M$2.2M75xas long as short
01 Exchange BNBUSD+0.0224%1h789.74+0.126%$28K$4K10xas long as short
Kraken Futures PF_BNBUSD+0.0263%1h789.05+0.039%$2.5M$1.2M50xas long as short
Bulk BNB-USD+0.0296%1h791.64+0.366%$641K$9K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h789.74+0.125%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0326%1h788.81+0.007%$6K$3K40xas long as short
RISEx BNB/USDC+0.0461%1h789.47+0.092%$1.1M$975K20xas long as short
Hibachi BNB/USDT-P+0.0512%1h788.97+0.028%$67K$38K12xas long as short