BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0233%/8h= −25.5% APRnext payment −$0.29 per $10,000 · paid last 24h −0.065%

Price spread now: Nado against Reya−0.011%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Reya Short on Nado

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · Nado: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$7 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya BNBRUSDPERP	800.60	0.0333	pay 0.0042% / 1h	29m 58s	$6K	$3K	40x
Short	Nado BNB-PERP	800.51	0.0100	get 0.0012% / 1h	29m 58s	$1.4M	$2.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Reya. 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

Position, each leg$Hold fordaysFee ReyabpFee NadobpOrdersPrice spread, now −0.011%Rate

Funding earned: −$48.9
Price spread: −0.011% → 0.000%: −$1.07
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$62.97
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; Nado: live order book, 4 min ago. 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 Reya no order-book sample	—	—	—	—	—
Sell Nado live order book, 4 min ago	0.25 bp	4.3 bp −$4	9.1 bp −$91	doesn't fit	doesn't fit

Reya: 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 −0.0201% / S +0.0372%	1h	800.91	+0.039%	$48K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	801.22	+0.078%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	805.39	+0.598%	$3.0M	$29.1M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	801.50	+0.113%	$158K	$2.8M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	802.20	+0.200%	$867K	$2.8M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	800.92	+0.040%	$9.7M	—	150x	as long as short
Variational Omni BNB	+0.0040%	8h	800.85	+0.031%	$4.1M	$5.3M	—	as long as short
BingX BNB-USDT	+0.0067%	8h	800.97	+0.046%	—	$35.0M	—	as long as short
Bybit BNBUSDT	+0.0081%	8h	800.63	+0.004%	$139.5M	$83.0M	75x	as long as short
Lighter BNB	+0.0096%	1h	801.33	+0.091%	$2.8M	$4.2M	20x	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	+0.0096%	1h	801.19	+0.074%	$610K	$1.0M	50x	as long as short
Aster BNBUSDT	+0.0099%	8h	801.21	+0.076%	$6.4M	$19.3M	200x	as long as short
Nado BNB-PERPshort	+0.0100%	1h	800.51	−0.011%	$1.4M	$2.8M	20x
Pacifica BNB	+0.0100%	1h	800.91	+0.039%	$1.2M	$923K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	800.90	+0.038%	$54.8M	$117.3M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	801.20	+0.075%	$53K	$170K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	800.85	+0.031%	$35.8M	$58.1M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	800.68	+0.010%	$28.0M	$10.6M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	800.95	+0.044%	$81.0M	$26.8M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	802.78	+0.273%	$4.2M	$77.4M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	802.46	+0.233%	$161K	$441K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	800.75	+0.019%	$121K	$880K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	800.91	+0.039%	$387K	$592K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	801.14	+0.067%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	801.57	+0.121%	$12K	$1.7M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	801.56	+0.120%	$8.2M	$7.9M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	801.52	+0.115%	$78K	$19K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	800.79	+0.024%	$1.8M	$6.1M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	801.11	+0.064%	$385K	$40K	10x	as long as short
MEXC BNB_USDT	+0.0118%	8h	801.90	+0.163%	$83.4M	$13.8M	200x	as long as short
Binance BNBUSDT	+0.0119%	8h	801.67	+0.134%	$517.0M	$829.5M	75x	as long as short
Phemex BNBUSDT	+0.0130%	8h	801.50	+0.113%	$70.0M	$51.7M	50x	as long as short
SoDEX BNB-USD	+0.0131%	1h	801.10	+0.063%	$394K	$1.0M	10x	as long as short
Hibachi BNB/USDT-P	+0.0152%	1h	801.47	+0.108%	$71K	$48K	12x	as long as short
Phoenix BNB	+0.0155%	1h	804.78	+0.522%	$173K	$35K	10x	as long as short
dYdX BNB-USD	+0.0167%	1h	800.67	+0.008%	$161K	$62K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	801.35	+0.094%	$1.6M	$165K	25x	as long as short
Kraken Futures PF_BNBUSD	+0.0206%	1h	801.11	+0.064%	$2.6M	$983K	50x	as long as short
BloFin BNB-USDT	+0.0239%	8h	801.60	+0.125%	$18.8M	$2.6M	75x	as long as short
Hyperliquid BNB	+0.0270%	1h	801.86	+0.158%	$51.9M	$22.2M	10x	as long as short
Injective BNB/USDC PERP	+0.0311%	1h	805.09	+0.561%	$19K	$789K	30x	as long as short
RISEx BNB/USDC	+0.0318%	1h	800.97	+0.046%	$1.1M	$1.4M	20x	as long as short
Reya BNBRUSDPERPlong	+0.0333%	1h	800.60	long leg	$6K	$3K	40x
01 Exchange BNBUSD	+0.0336%	1h	801.54	+0.118%	$28K	$1K	10x	as long as short
Bulk BNB-USD	+0.0354%	1h	801.59	+0.123%	$651K	$21K	10x	as long as short
Backpack BNB_USDC_PERP	+0.0665%	1h	801.91	+0.164%	$3.0M	$5.5M	40x	as long as short