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

BNB

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Nado against Paradex−0.092%7-day average · you buy dearer than you sell
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 airdropParadex: Active · Nado: 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: Nado is 0.092% cheaper against Paradex than usual: you would sell low and buy high, −$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex BNB-USD-PERP802.040.0100pay 0.0100% / 8h1h 31m$78K$19K50x
ShortNado BNB-PERP801.300.0100get 0.0012% / 1h31m 07s$1.4M$2.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Paradex. 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
−$0.01
Price spread: −0.092% → 0.000%
−$9.17
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$20.18
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; Nado: live order book, 3 min ago. 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 Paradex no order-book sample
Sell Nado live order book, 3 min ago0.25 bp4.3 bp −$49.1 bp −$91doesn't fitdoesn't fit
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 −0.0201% / S +0.0372%1h801.16−0.110%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h801.96−0.010%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h805.39+0.418%$3.0M$29.1M10xas long as short
Kalshi KXBNBPERP0.0000%8h801.90−0.017%$158K$2.8M4.8xas long as short
StandX BNB-USD0.0000%1h802.23+0.024%$867K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h801.15−0.111%$9.7M150xas long as short
Variational Omni BNB+0.0041%8h805.56+0.439%$4.1M$5.3Mas long as short
BingX BNB-USDC+0.0058%8h801.09−0.118%$13.3Mas long as short
Bybit BNBUSDT+0.0081%8h800.40−0.204%$139.5M$83.0M75xas long as short
Lighter BNB+0.0096%1h801.11−0.116%$2.8M$4.2M20xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0096%1h801.19−0.106%$610K$1.0M50xas long as short
Aster BNBUSDT+0.0100%8h801.26−0.097%$6.4M$19.3M200xas long as short
Nado BNB-PERPshort+0.0100%1h801.30−0.092%$1.4M$2.8M20x
Pacifica BNB+0.0100%1h801.67−0.046%$1.2M$923K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h800.50−0.192%$54.8M$117.2M50xas long as short
Arcus BNB-USD+0.0100%1h801.80−0.030%$53K$170K10xas long as short
Gate BNB_USDT+0.0100%8h800.75−0.161%$35.8M$58.1M75xas long as short
KuCoin BNBUSDTM+0.0100%8h800.63−0.176%$28.0M$10.6M75xas long as short
Bitget BNBUSDT+0.0100%8h800.54−0.187%$81.0M$26.8M75xas long as short
edgeX BNBUSDC+0.0100%4h802.78+0.093%$4.2M$77.4M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h802.46+0.053%$161K$441K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h801.32−0.090%$121K$880K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h800.85−0.148%$387K$592K50xas long as short
Derive BNB-PERP+0.0100%1h801.16−0.110%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h801.87−0.021%$11K$1.7M50xas long as short
HTX BNB-USDT+0.0100%8h801.56−0.060%$8.2M$7.9M75xas long as short
Paradex BNB-USD-PERPlong+0.0100%8h802.04long leg$78K$19K50x
Extended BNB-USD+0.0104%1h800.58−0.181%$1.8M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h801.21−0.104%$385K$40K10xas long as short
Binance BNBUSDT+0.0119%8h801.28−0.095%$516.8M$829.0M75xas long as short
MEXC BNB_USDT+0.0120%8h801.80−0.030%$83.3M$13.8M200xas long as short
Phemex BNBUSDT+0.0129%8h801.43−0.076%$70.0M$51.7M50xas long as short
SoDEX BNB-USD+0.0139%1h801.10−0.117%$394K$1.0M10xas long as short
Hibachi BNB/USDT-P+0.0144%1h801.75−0.036%$71K$48K12xas long as short
Phoenix BNB+0.0155%1h804.78+0.342%$173K$35K10xas long as short
dYdX BNB-USD+0.0173%1h801.39−0.081%$162K$64K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h801.34−0.087%$1.6M$165K25xas long as short
Kraken Futures PF_BNBUSD+0.0207%1h800.73−0.162%$2.6M$983K50xas long as short
BloFin BNB-USDT+0.0239%8h801.60−0.055%$18.8M$2.6M75xas long as short
Hyperliquid BNB+0.0262%1h801.78−0.032%$51.9M$22.2M10xas long as short
Bulk BNB-USD+0.0295%1h807.66+0.701%$652K$14K10xas long as short
Injective BNB/USDC PERP+0.0311%1h805.09+0.381%$19K$789K30xas long as short
RISEx BNB/USDC+0.0318%1h801.64−0.050%$1.1M$1.4M20xas long as short
Reya BNBRUSDPERP+0.0333%1h800.90−0.141%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0344%1h802.20+0.020%$28K$1K10xas long as short
Backpack BNB_USDC_PERP+0.0669%1h801.73−0.038%$3.0M$5.5M40xas long as short