Head to head
the arrow points to the better figure| Nado | Binance | |
|---|---|---|
| Trading | ||
| $7.13 | ◀BTC trade, $10k | $10.01 |
| $939 | ◀BTC trade, $1M | $1,159 |
| $7.5M | BTC book depth▶ | $14.5M |
| 0.035%/0.010% | ◀Taker / maker | 0.050%/0.020% |
| 50x | Max leverage▶ | 150x |
| Size | ||
| $399.3M | Volume 24h▶ | $88.35B |
| $380.3M | Volume, 7-day average▶ | $60.90B |
| $77.3Mlongs + shorts | Open interest | $28.80Bone side |
| $53.8M | TVL | — |
| Markets | ||
| 73 | Markets▶ | 800 |
| 30 | Stocks & RWA▶ | 235 |
| 1h | Funding paid every | 1h or 4h or 8h |
| +0.0100% | BTC funding /8h | +0.0100% |
| +0.602% | BTC longs paid, 30d | +0.488% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | $BNB |
| Active | Airdrop | — |
Cost to trade BTC
| Size | Nado | Binance |
|---|---|---|
| $1k | $0.717.1 bp | $1.0010.0 bp |
| $10k | $7.137.1 bp | $10.0110.0 bp |
| $100k | $71.327.1 bp | $10010.0 bp |
| $1M | $9399.4 bp | $1,15911.6 bp |
| $5M | $13,84927.7 bp | $7,82715.7 bp |
BTC funding per day
pair pageSize
daily, last 90 daysVolume by asset class
last 90 daysOn both: 72
funding /8h · Net 7d at $10k| Asset | Nado | Binance | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | +0.0100% | 0.0000% | −$19 |
| ETH | +0.0059% | +0.0100% | +0.0041% | −$19 |
| HYPE | +0.0100% | +0.0100% | 0.0000% | −$21 |
| XAUT | +0.0230% | +0.0100% | +0.0130% | −$7 |
| SOL | −0.0124% | +0.0078% | +0.0203% | −$15 |
| ZEC | +0.0100% | +0.0100% | 0.0000% | −$27 |
| LIT | −0.0470% | −0.0030% | +0.0440% | −$36 |
| NEAR | +0.0011% | +0.0100% | +0.0089% | −$27 |
| XMR | +0.1085% | +0.0366% | +0.0719% | −$16 |
| XRP | +0.0100% | +0.0100% | 0.0000% | −$22 |
| BNB | +0.0100% | +0.0145% | +0.0045% | −$25 |
| PUMP | +0.0081% | +0.0062% | +0.0015% | −$39 |
| XPL | −0.0711% | +0.0100% | +0.0811% | −$40 |
| AAVE | +0.0031% | +0.0100% | +0.0069% | −$39 |
| ZRO | +0.0100% | +0.0100% | 0.0000% | −$64 |
| SUI | +0.0016% | +0.0030% | +0.0014% | −$31 |
| MON | −0.0520% | −0.0180% | +0.0340% | −$36 |
| BCH | −0.0135% | +0.0100% | +0.0235% | −$21 |
| UNI | −0.0110% | +0.0100% | +0.0210% | −$30 |
| ENA | +0.0100% | +0.0100% | 0.0000% | −$44 |
Only on Nado: 1
Only on Binance: 684
XAU · SOXL · SKHYNIX · BZ · PAXG · KORU · TRX · ADA · AIN · SOXS · FIL · TRUMP · DRAM · BIANRENSHENG · TQQQ · ARB · CAP · FF · XLM · INJ · EWY · DOT · SAMSUNG · SNXX · AERO · HBAR · NATGAS · QNT · FET · ICP · ETHFI · KITE · SHIB · IDOL · ARIA · CRV · COIN · BEAM · CRWV · BTW · ETC · BTCDOM · UNITREE · ATOM · BMNR · INTW · STRK · APT · TIA · LITE · DASH · PIEVERSE · BABA · POL · TSM · NIULAI · EVAA · OPENAI · BE · OP · and 624 more
Questions
Is Nado or Binance cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $7.13 on Nado and $10.01 on Binance right now, taker fee and order-book slippage together, so Nado is cheaper. Taker fees: 0.035% and 0.05%.
Which has more markets, Nado or Binance?
Nado lists 73 active markets and Binance 800; 72 assets trade on both, 30 of them stocks, commodities or other real-world assets.
Does Nado or Binance require KYC?
Nado: No ID (card deposits through a third-party on-ramp may ask); the US and Canada are view-only, sanctioned countries blocked. Binance: Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Can you arbitrage funding between Nado and Binance?
Yes: 3 of the assets on both paid more in funding over the last 7 days than a $10k round trip on both costs. The best was MRVL, long on Binance and short on Nado, with $28 left after costs.
Which is bigger, Nado or Binance?
24-hour volume: Nado $399.3M, Binance $88.35B. Open interest as each reports it: $77.3M and $28.80B. Nado reports open interest as longs plus shorts, both sides of every position; Binance reports one side. For the same positions Nado's figure reads about twice as large. TVL: $53.8M and none published.