BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.12 per $10,000 · paid last 24h +0.030%

Price spread now: Nado against StandX−0.132%7-day average −0.096% · 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−$31as in the Price arb table

costs, in and out, $10k−$280.277% of the position

Long on StandX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.097%+$10 on $10k

Price spread, last 7 days+0.077%+$8 · spread now −0.132%, 7d avg −0.096%

Together, before fees+0.175%+ Points / potential airdropStandX: Active · Nado: Active · farm board+$17 on $10k · with fees, hour by hour

Funding pays, the price is against you. Nado is 0.036% cheaper against StandX than usual: you would sell low and buy high (spread −0.132% now, against its 7-day average of −0.096%). If the spread goes back, that is −$4 on $10k: about 28 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX BNB-USD	796.25	0	get 0.0000% / 1h	24m 34s	$860K	$3.1M	30x
Short	Nado BNB-PERP	795.20	0.0100	get 0.0012% / 1h	24m 34s	$1.4M	$2.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against StandX. 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 StandXbpFee NadobpOrdersPrice spread, now −0.132%Rate

Funding earned: $21
Price spread: −0.132% → −0.096%: −$3.56
Slippage, 4 orders: −$12.74
Fee StandX: 4 bp × 2 orders: −$8
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$10.3
Costs to cover: 0.277%
Break-even: 10.4 days

Slippage from StandX: live order book, 4 min ago; Nado: live order book, 4 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 StandX live order book, 4 min ago	4.59 bp	10.6 bp −$11	13.5 bp −$135	doesn't fit	doesn't fit
Sell Nado live order book, 4 min ago	0.06 bp	3.9 bp −$4	8.8 bp −$88	doesn't fit	doesn't fit

BNB on 45 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 −0.0167% / S +0.0335%	1h	795.54	−0.090%	$46K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0131%	1h	795.58	−0.084%	$2.5M	$1.0M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	795.33	−0.116%	$4K	$239	25x	as long as short
StandX BNB-USDlong	0.0000%	1h	796.25	long leg	$860K	$3.1M	30x
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	795.60	−0.082%	$9.7M	—	150x	as long as short
Variational Omni BNB	+0.0031%	8h	795.62	−0.079%	$4.1M	$4.8M	—	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.110%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0038%	8h	795.57	−0.086%	$6.1M	$19.7M	200x	as long as short
Gate BNB_USDT	+0.0049%	8h	795.00	−0.157%	$35.4M	$56.3M	75x	as long as short
BingX BNB-USDC	+0.0050%	8h	795.16	−0.137%	—	$13.4M	—	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex BNBUSDT	+0.0051%	8h	796.11	−0.018%	$69.7M	$50.8M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0056%	1h	795.53	−0.090%	$610K	$1.1M	50x	as long as short
MEXC BNB_USDT	+0.0063%	8h	795.70	−0.069%	$82.6M	$12.8M	200x	as long as short
Binance BNBUSDT	+0.0064%	8h	795.47	−0.098%	$494.9M	$810.3M	75x	as long as short
GRVT BNB_USDT_Perp	+0.0064%	8h	795.99	−0.032%	$3.0M	$28.5M	10x	as long as short
dYdX BNB-USD	+0.0072%	1h	795.36	−0.111%	$161K	$63K	10x	as long as short
Phoenix BNB	+0.0088%	1h	795.80	−0.057%	$171K	$36K	10x	as long as short
Lighter BNB	+0.0096%	1h	795.46	−0.100%	$2.8M	$4.0M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	795.52	−0.092%	$384K	$409K	50x	as long as short
Nado BNB-PERPshort	+0.0100%	1h	795.20	−0.132%	$1.4M	$2.7M	20x
Hyperliquid BNB	+0.0100%	1h	795.93	−0.040%	$52.1M	$19.3M	10x	as long as short
Pacifica BNB	+0.0100%	1h	795.38	−0.110%	$1.2M	$925K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	795.00	−0.157%	$139.0M	$75.6M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	794.70	−0.195%	$53.3M	$110.4M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	795.30	−0.119%	$52K	$134K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	795.18	−0.134%	$27.7M	$10.1M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	794.69	−0.196%	$77.4M	$28.1M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	795.83	−0.053%	$4.1M	$76.7M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	794.74	−0.190%	$160K	$436K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	795.48	−0.097%	$111K	$886K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	795.70	−0.069%	$32K	$9K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	795.89	−0.045%	$12K	$1.6M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	795.70	−0.069%	$391K	$997K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	795.33	−0.116%	$8.2M	$8.9M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	795.61	−0.080%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	794.64	−0.202%	$1.7M	$5.8M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	795.65	−0.075%	$382K	$110K	10x	as long as short
RISEx BNB/USDC	+0.0131%	1h	795.25	−0.126%	$1.1M	$1.1M	20x	as long as short
Kalshi KXBNBPERP	+0.0157%	8h	795.70	−0.069%	$112K	$2.7M	4.8x	as long as short
Bulk BNB-USD	+0.0195%	1h	795.93	−0.041%	$644K	$16K	10x	as long as short
01 Exchange BNBUSD	+0.0256%	1h	795.49	−0.095%	$28K	$2K	10x	as long as short
Reya BNBRUSDPERP	+0.0329%	1h	795.36	−0.112%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0383%	1h	796.05	−0.025%	$2.7M	$5.7M	40x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0400%	1h	796.09	−0.020%	$1.6M	$160K	25x	as long as short
Hibachi BNB/USDT-P	+0.0528%	1h	795.94	−0.039%	$68K	$38K	12x	as long as short