Funding you earn now, next payment 22:00 UTC+0.0045%/8h= +5.0% APRpaid last 24h +0.006%
Price spread now: Nado against Variational Omni−0.002%7-day average +0.027% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.062%+$6 on $10k
+Price spread, last 7 days+0.059%+$6 · spread now −0.002%, 7d avg +0.027%
=Together, before fees+0.120%+ Points / potential airdropVariational Omni: Active · Nado: Active · farm board+$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.029% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.002% now, against its 7-day average of +0.027%). If the spread goes back, that is −$3 on $10k: about 2.1 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni BNB | 802.35 | 0.0055 | pay 0.0055% / 8h | 2h 37m | $4.0M | $5.4M | — |
| Short | Nado BNB-PERP | 802.34 | 0.0100 | get 0.0012% / 1h | 37m 57s | $1.4M | $2.8M | 20x |
Variational Omni BNB
Nado BNB-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Variational Omni. 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
- $9.53
- Price spread: −0.002% → +0.027%
- −$2.89
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$0.35
- Costs to cover
- 0.070%
- Break-even
- 7.3 days
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Nado: live order book, 1 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 Variational Omni RFQ quote, 1 min ago | 3.33 bp | doesn't fit | 6.7 bp −$67 | doesn't fit | doesn't fit |
| Sell Nado live order book, 1 min ago | 0.06 bp | 3.8 bp −$4 | 8.6 bp −$86 | 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 | 803.00 | +0.080% | $48K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 802.88 | +0.066% | $4K | $1K | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 803.28 | +0.116% | $3.0M | $29.7M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 803.70 | +0.168% | $113K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 803.58 | +0.153% | $868K | $3.0M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 803.03 | +0.084% | $9.8M | — | 150x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0038% | 1h | 803.11 | +0.094% | $2.5M | $908K | 50x | as long as short |
| Variational Omni BNBlong | +0.0055% | 8h | 802.35 | long leg | $4.0M | $5.4M | — | |
| BingX BNB-USDT | +0.0062% | 8h | 803.35 | +0.124% | — | $34.5M | — | as long as short |
| Bybit BNBUSDT | +0.0080% | 8h | 803.00 | +0.081% | $138.8M | $82.5M | 75x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Kraken Futures PF_BNBUSD
BingX BNB-USDT
Bybit BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BNBUSDT | +0.0086% | 8h | 803.58 | +0.152% | $6.4M | $18.8M | 200x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0088% | 1h | 803.99 | +0.204% | $608K | $878K | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 803.24 | +0.111% | $2.8M | $4.2M | 20x | as long as short |
| Nado BNB-PERPshort | +0.0100% | 1h | 802.34 | −0.002% | $1.4M | $2.8M | 20x | |
| Pacifica BNB | +0.0100% | 1h | 802.67 | +0.039% | $1.2M | $923K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 803.50 | +0.143% | $55.1M | $115.4M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 802.80 | +0.056% | $52K | $161K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 803.00 | +0.081% | $35.9M | $58.4M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 802.79 | +0.054% | $28.1M | $10.5M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 803.37 | +0.127% | $79.0M | $24.5M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 803.51 | +0.144% | $4.2M | $76.8M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 803.43 | +0.134% | $158K | $438K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 802.58 | +0.028% | $118K | $868K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 803.07 | +0.089% | $388K | $593K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 803.17 | +0.101% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 803.69 | +0.167% | $13K | $1.7M | 50x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 802.55 | +0.025% | $8.2M | $7.4M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 803.23 | +0.109% | $78K | $19K | 50x | as long as short |
| MEXC BNB_USDT | +0.0103% | 8h | 804.20 | +0.230% | $84.4M | $13.6M | 200x | as long as short |
| Binance BNBUSDT | +0.0103% | 8h | 804.13 | +0.221% | $518.6M | $803.2M | 75x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 803.31 | +0.120% | $1.9M | $6.1M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 803.28 | +0.115% | $386K | $40K | 10x | as long as short |
| Phemex BNBUSDT | +0.0121% | 8h | 803.69 | +0.167% | $70.1M | $51.7M | 50x | as long as short |
| SoDEX BNB-USD | +0.0124% | 1h | 803.10 | +0.093% | $395K | $1.0M | 10x | as long as short |
| Phoenix BNB | +0.0125% | 1h | 803.50 | +0.143% | $173K | $35K | 10x | as long as short |
| Hyperliquid BNB | +0.0151% | 1h | 803.76 | +0.175% | $51.6M | $21.3M | 10x | as long as short |
| Bulk BNB-USD | +0.0194% | 1h | 803.61 | +0.157% | $649K | $11K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 803.56 | +0.150% | $1.6M | $165K | 25x | as long as short |
| RISEx BNB/USDC | +0.0209% | 1h | 802.93 | +0.072% | $1.1M | $1.4M | 20x | as long as short |
| BloFin BNB-USDT | +0.0223% | 8h | 802.88 | +0.066% | $18.8M | $3.1M | 75x | as long as short |
| Hibachi BNB/USDT-P | +0.0256% | 1h | 802.85 | +0.062% | $71K | $49K | 12x | as long as short |
| dYdX BNB-USD | +0.0259% | 1h | 802.24 | −0.014% | $170K | $55K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0312% | 1h | 803.37 | +0.127% | $28K | $1K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0334% | 1h | 802.56 | +0.026% | $6K | $3K | 40x | as long as short |
| Injective BNB/USDC PERP | +0.0353% | 1h | 804.92 | +0.320% | $19K | $526K | 30x | as long as short |
| Backpack BNB_USDC_PERP | +0.0678% | 1h | 804.17 | +0.226% | $3.0M | $5.3M | 40x | as long as short |
Aster BNBUSDT
Coinbase International BNB-PERP-INTX
Lighter BNB
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
HTX BNB-USDT
Paradex BNB-USD-PERP
MEXC BNB_USDT
Binance BNBUSDT
Extended BNB-USD
Aevo BNB-PERP
Phemex BNBUSDT
SoDEX BNB-USD
Phoenix BNB
Hyperliquid BNB
Bulk BNB-USD
Deribit BNB_USDC-PERPETUAL
RISEx BNB/USDC
BloFin BNB-USDT
Hibachi BNB/USDT-P
dYdX BNB-USD
01 Exchange BNBUSD
Reya BNBRUSDPERP
Injective BNB/USDC PERP
Backpack BNB_USDC_PERP