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

BNB

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Paradex against Nado+0.083%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · Paradex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.083% dearer against Nado than usual: you sell high and buy low, +$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado BNB-PERP789.500.0100pay 0.0012% / 1h53m 25s$1.5M$2.6M20x
ShortParadex BNB-USD-PERP790.150.0100get 0.0100% / 8h3h 53m$77K$17K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
$0.07
Price spread: +0.083% → 0.000%
$8.28
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$2.65
Costs to cover
0.110%
Break-even
278.4 days
Slippage unknown: Nado: live order book, 5 min ago; Paradex: 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
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 5 min ago0.13 bp4.2 bp −$49.9 bp −$99doesn't fitdoesn't fit
Sell Paradex no order-book sample
Paradex: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0191% / S +0.0355%1h789.96+0.058%$46K200xas long as short
Kraken Futures PF_BNBUSD−0.0124%1h789.18−0.040%$2.5M$1.2M50xas long as short
Hotstuff BNB-PERP−0.0080%1h789.95+0.057%$4K$4225xas long as short
StandX BNB-USD0.0000%1h789.94+0.056%$852K$3.2M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h789.99+0.063%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.975%$19K$789K30xas long as short
Aster BNBUSDT+0.0037%8h790.47+0.123%$6.1M$18.7M200xas long as short
BingX BNB-USDC+0.0046%8h790.16+0.084%$13.4Mas long as short
MEXC BNB_USDT+0.0057%8h791.00+0.190%$80.2M$12.0M200xas long as short
Binance BNBUSDT+0.0057%8h790.61+0.141%$493.8M$794.8M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0063%8h789.96+0.058%$69.1M$50.2M50xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h789.35−0.019%$580K$1.9M50xas long as short
Phoenix BNB+0.0092%1h790.40+0.114%$170K$35K10xas long as short
Lighter BNB+0.0096%1h789.83+0.042%$2.8M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h790.09+0.075%$266K$492K50xas long as short
Nado BNB-PERPlong+0.0100%1h789.50long leg$1.5M$2.6M20x
Hyperliquid BNB+0.0100%1h790.61+0.141%$51.9M$17.5M10xas long as short
Pacifica BNB+0.0100%1h789.95+0.057%$1.2M$931K20xas long as short
Bybit BNBUSDT+0.0100%8h789.96+0.058%$139.0M$74.1M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h790.10+0.076%$53.5M$111.9M50xas long as short
Arcus BNB-USD+0.0100%1h789.90+0.051%$52K$133K10xas long as short
Gate BNB_USDT+0.0100%8h790.00+0.063%$35.7M$56.5M75xas long as short
KuCoin BNBUSDTM+0.0100%8h789.68+0.023%$28.1M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h789.78+0.035%$76.4M$30.3M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h789.57+0.009%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h789.31−0.024%$4.1M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h790.17+0.085%$4.1M$73.3M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h790.54+0.132%$159K$440K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h789.80+0.038%$130K$954K10xas long as short
Derive BNB-PERP+0.0100%1h789.41−0.011%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h789.83+0.042%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h789.40−0.013%$388K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h789.80+0.038%$8.1M$9.6M75xas long as short
Paradex BNB-USD-PERPshort+0.0100%8h790.15+0.083%$77K$17K50x
Extended BNB-USD+0.0104%1h789.78+0.035%$1.9M$6.2M50xas long as short
Aevo BNB-PERP+0.0104%1h790.02+0.066%$379K$110K10xas long as short
dYdX BNB-USD+0.0135%1h789.28−0.028%$160K$64K10xas long as short
GRVT BNB_USDT_Perp+0.0163%8h789.64+0.017%$2.9M$28.5M10xas long as short
BloFin BNB-USDT+0.0177%8h790.62+0.142%$18.1M$2.2M75xas long as short
Kalshi KXBNBPERP+0.0192%8h790.10+0.076%$135K$2.7M4.8xas long as short
Bulk BNB-USD+0.0234%1h790.66+0.147%$640K$9K10xas long as short
01 Exchange BNBUSD+0.0272%1h790.39+0.113%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h789.72+0.028%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0325%1h789.80+0.038%$6K$3K40xas long as short
Hibachi BNB/USDT-P+0.0376%1h790.06+0.071%$67K$39K12xas long as short
RISEx BNB/USDC+0.0431%1h790.22+0.091%$1.1M$902K20xas long as short