Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Orderly against Nado0.000%7-day average +0.061% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.021%−$2 · spread now 0.000%, 7d avg +0.061%
=Together, before fees−0.021%+ Points / potential airdropNado: Active · farm board−$2 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: Orderly is 0.061% cheaper against Nado than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.061%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado BNB-PERP | 788.45 | 0.0100 | pay 0.0012% / 1h | 48m 10s | $1.5M | $2.6M | 20x |
| Short | Orderly PERP_BNB_USDC | 788.45 | 0.0100 | get 0.0100% / 8h | 4h 48m | $265K | $498K | 50x |
Nado BNB-PERP
Orderly PERP_BNB_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$0.01
- Price spread: 0.000% → +0.061%
- −$6.11
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$19.12
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Nado: live order book, 1 min ago; Orderly: 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, 1 min ago | 0.13 bp | 4.6 bp −$5 | 10.2 bp −$102 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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] | L −0.0183% / S +0.0348% | 1h | 788.36 | −0.012% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 789.25 | +0.101% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 789.66 | +0.153% | $853K | $3.2M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 788.41 | −0.005% | $9.5M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.110% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0042% | 8h | 788.92 | +0.059% | $6.1M | $18.7M | 200x | as long as short |
| BingX BNB-USDC | +0.0056% | 8h | 788.36 | −0.012% | — | $13.4M | — | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0064% | 1h | 790.64 | +0.277% | $583K | $1.9M | 50x | as long as short |
| Binance BNBUSDT | +0.0067% | 8h | 788.87 | +0.053% | $492.2M | $789.8M | 75x | as long as short |
| MEXC BNB_USDT | +0.0067% | 8h | 789.10 | +0.082% | $80.1M | $12.2M | 200x | 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
Coinbase International BNB-PERP-INTX
Binance BNBUSDT
MEXC BNB_USDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex BNBUSDT | +0.0071% | 8h | 788.95 | +0.063% | $69.1M | $50.0M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 788.46 | +0.001% | $2.7M | $3.8M | 20x | as long as short |
| Orderly PERP_BNB_USDCshort | +0.0100% | 8h | 788.45 | 0.000% | $265K | $498K | 50x | |
| Nado BNB-PERPlong | +0.0100% | 1h | 788.45 | long leg | $1.5M | $2.6M | 20x | |
| Hyperliquid BNB | +0.0100% | 1h | 788.97 | +0.066% | $51.8M | $17.5M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 788.75 | +0.038% | $1.2M | $931K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 788.04 | −0.052% | $138.6M | $74.9M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 788.10 | −0.045% | $53.3M | $111.1M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 789.00 | +0.069% | $52K | $130K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 788.25 | −0.026% | $35.3M | $56.5M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 788.15 | −0.038% | $27.6M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 788.04 | −0.052% | $76.3M | $30.4M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 788.87 | +0.053% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 789.11 | +0.084% | $4.1M | $4.6M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 790.98 | +0.321% | $4.1M | $74.4M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 789.75 | +0.165% | $159K | $441K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 788.43 | −0.003% | $133K | $952K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 788.51 | +0.008% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 789.02 | +0.072% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 788.40 | −0.007% | $388K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 788.96 | +0.064% | $8.1M | $9.3M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0101% | 8h | 789.23 | +0.098% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 787.94 | −0.065% | $1.8M | $5.9M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 788.51 | +0.007% | $379K | $110K | 10x | as long as short |
| dYdX BNB-USD | +0.0110% | 1h | 789.06 | +0.077% | $160K | $64K | 10x | as long as short |
| Phoenix BNB | +0.0117% | 1h | 790.37 | +0.243% | $170K | $35K | 10x | as long as short |
| GRVT BNB_USDT_Perp | +0.0138% | 8h | 791.19 | +0.347% | $3.0M | $28.0M | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0183% | 8h | 789.20 | +0.095% | $124K | $2.7M | 4.8x | as long as short |
| BloFin BNB-USDT | +0.0188% | 8h | 789.53 | +0.137% | $18.2M | $2.2M | 75x | as long as short |
| 01 Exchange BNBUSD | +0.0224% | 1h | 789.25 | +0.101% | $28K | $4K | 10x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0264% | 1h | 788.14 | −0.039% | $2.5M | $1.2M | 50x | as long as short |
| Bulk BNB-USD | +0.0296% | 1h | 791.64 | +0.404% | $641K | $9K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 788.69 | +0.031% | $1.5M | $143K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0326% | 1h | 788.10 | −0.045% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0461% | 1h | 789.11 | +0.083% | $1.1M | $975K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0536% | 1h | 789.02 | +0.072% | $67K | $38K | 12x | as long as short |
Phemex BNBUSDT
Lighter BNB
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
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
dYdX BNB-USD
Phoenix BNB
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
BloFin BNB-USDT
01 Exchange BNBUSD
Kraken Futures PF_BNBUSD
Bulk BNB-USD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P