Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Nado against OKX−0.061%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$190.191% of the position
Funding, last 3 days (all we have)+0.005%+$1 on $10k
+Price spread, last 7 days+0.100%+$10 · spread now −0.061%, 7d avg +0.016%
=Together, before fees+0.105%+ Points / potential airdropNado: Active · farm board+$11 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: Nado is 0.077% cheaper against OKX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BNB-USDT-SWAP | 805.20 | 0.0100 | pay 0.0100% / 8h | 2h 27m | $55.1M | $115.8M | 50x |
| Short | Nado BNB-PERP | 804.71 | 0.0100 | get 0.0012% / 1h | 27m 14s | $1.4M | $2.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against OKX. 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
- Price spread: −0.061% → +0.016%
- −$7.67
- Slippage, 4 orders
- −$2.1
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$26.76
- Costs to cover
- 0.191%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; Nado: live order book, 2 min ago.
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 OKX live order book, 2 min ago | 0.62 bp | 5.6 bp −$6 | 8.2 bp −$82 | 21.0 bp −$2,096 | doesn't fit |
| Sell Nado live order book, 2 min ago | 0.06 bp | 4.1 bp −$4 | 8.7 bp −$87 | doesn't fit | doesn't fit |
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 −0.0195% / S +0.0371% | 1h | 805.07 | −0.016% | $49K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 805.10 | −0.012% | $4K | $1K | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 804.60 | −0.074% | $3.0M | $29.3M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 805.30 | +0.012% | $112K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 804.43 | −0.096% | $869K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 805.12 | −0.010% | $9.8M | — | 150x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0038% | 1h | 805.17 | −0.003% | $2.5M | $908K | 50x | as long as short |
| Variational Omni BNB | +0.0049% | 8h | 803.71 | −0.185% | $4.0M | $5.4M | — | as long as short |
| BingX BNB-USDC | +0.0054% | 8h | 805.32 | +0.015% | — | $13.3M | — | as long as short |
| Bybit BNBUSDT | +0.0075% | 8h | 804.90 | −0.037% | $139.6M | $82.5M | 75x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BNB-PERP-INTX | +0.0088% | 1h | 804.80 | −0.050% | $609K | $879K | 50x | as long as short |
| Aster BNBUSDT | +0.0091% | 8h | 805.73 | +0.065% | $6.4M | $18.8M | 200x | as long as short |
| Lighter BNB | +0.0096% | 1h | 805.39 | +0.023% | $2.8M | $4.2M | 20x | as long as short |
| Nado BNB-PERPshort | +0.0100% | 1h | 804.71 | −0.061% | $1.4M | $2.8M | 20x | |
| Pacifica BNB | +0.0100% | 1h | 804.97 | −0.028% | $1.2M | $923K | 20x | as long as short |
| OKX BNB-USDT-SWAPlong | +0.0100% | 8h | 805.20 | long leg | $55.1M | $115.8M | 50x | |
| Arcus BNB-USD | +0.0100% | 1h | 805.10 | −0.012% | $53K | $165K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 805.05 | −0.019% | $35.9M | $58.5M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 805.06 | −0.017% | $28.2M | $10.5M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 804.95 | −0.031% | $79.2M | $24.5M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 804.62 | −0.073% | $4.2M | $76.9M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 804.73 | −0.058% | $159K | $438K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 804.89 | −0.038% | $119K | $868K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 805.15 | −0.006% | $389K | $593K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 805.32 | +0.015% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 805.61 | +0.050% | $13K | $1.7M | 50x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 805.69 | +0.061% | $1.6M | $165K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 804.63 | −0.070% | $8.2M | $7.4M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 805.68 | +0.059% | $79K | $19K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 804.78 | −0.052% | $1.9M | $6.1M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 805.23 | +0.004% | $387K | $40K | 10x | as long as short |
| MEXC BNB_USDT | +0.0107% | 8h | 806.20 | +0.124% | $84.5M | $13.6M | 200x | as long as short |
| Binance BNBUSDT | +0.0109% | 8h | 805.91 | +0.088% | $520.0M | $803.4M | 75x | as long as short |
| Phoenix BNB | +0.0125% | 1h | 804.63 | −0.071% | $173K | $35K | 10x | as long as short |
| Phemex BNBUSDT | +0.0125% | 8h | 805.63 | +0.053% | $70.3M | $51.7M | 50x | as long as short |
| Hyperliquid BNB | +0.0168% | 1h | 805.98 | +0.097% | $51.8M | $21.3M | 10x | as long as short |
| SoDEX BNB-USD | +0.0190% | 1h | 805.20 | 0.000% | $396K | $1.0M | 10x | as long as short |
| Bulk BNB-USD | +0.0197% | 1h | 804.34 | −0.107% | $650K | $11K | 10x | as long as short |
| RISEx BNB/USDC | +0.0209% | 1h | 805.28 | +0.010% | $1.1M | $1.4M | 20x | as long as short |
| BloFin BNB-USDT | +0.0229% | 8h | 805.82 | +0.077% | $18.8M | $3.1M | 75x | as long as short |
| Hibachi BNB/USDT-P | +0.0240% | 1h | 804.39 | −0.101% | $71K | $48K | 12x | as long as short |
| dYdX BNB-USD | +0.0273% | 1h | 804.28 | −0.114% | $170K | $55K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0334% | 1h | 804.66 | −0.067% | $6K | $3K | 40x | as long as short |
| 01 Exchange BNBUSD | +0.0336% | 1h | 805.88 | +0.084% | $29K | $1K | 10x | as long as short |
| Injective BNB/USDC PERP | +0.0353% | 1h | 804.89 | −0.038% | $19K | $627K | 30x | as long as short |
| Backpack BNB_USDC_PERP | +0.0650% | 1h | 806.25 | +0.130% | $3.0M | $5.5M | 40x | as long as short |
OKX BNB-USDT-SWAP
GMX BNB/USD [WBTC.b-USDC]
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Kraken Futures PF_BNBUSD
Variational Omni BNB
BingX BNB-USDC
Bybit BNBUSDT
Coinbase International BNB-PERP-INTX
Aster BNBUSDT
Lighter BNB
Pacifica BNB
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
MEXC BNB_USDT
Binance BNBUSDT
Phoenix BNB
Phemex BNBUSDT
Hyperliquid BNB
SoDEX BNB-USD
Bulk BNB-USD
RISEx BNB/USDC
BloFin BNB-USDT
01 Exchange BNBUSD
Injective BNB/USDC PERP
Backpack BNB_USDC_PERP