Funding you earn now, next payment 06:00 UTC+0.0093%/8h= +10.1% APRnext payment +$0.12 per $10,000 · paid last 24h +0.028%
Price spread now: Nado against gTrade (Gains Network)+0.049%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$274as in the Price arb table
costs, in and out, $10k−$2782.781% of the position
Funding, last 3 days (all we have)+0.091%+$9 on $10k
+Price spread, last 7 days−0.052%−$5 · spread now +0.049%, 7d avg +0.011%
=Together, before fees+0.040%+ Points / potential airdropNado: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Nado is 0.038% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) BNB/USD | 783.37 | L +0.0007% / S −0.0007% | pay 0.0001% / 1h | 26m 48s | $9.4M | — | 150x |
| Short | Nado BNB-PERP | 783.75 | 0.0100 | get 0.0012% / 1h | 26m 48s | $1.4M | $2.7M | 20x |
gTrade (Gains Network) BNB/USD
Nado BNB-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against gTrade (Gains Network). 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
- $19.43
- Price spread: +0.049% → +0.011%
- $3.79
- Slippage, 4 orders
- −$261.06
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$254.84
- Costs to cover
- 2.781%
- Break-even
- 98.8 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 2 min ago; Nado: live order book, 2 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 gTrade (Gains Network) virtual book (oracle venue), 2 min ago | 130.01 bp | 135.0 bp −$135 | 135.0 bp −$1,350 | 416.8 bp −$41.7K | 2253.7 bp −$1.13M |
| Sell Nado live order book, 2 min ago | 0.06 bp | 4.4 bp −$4 | 10.2 bp −$102 | 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 −0.0192% / S +0.0356% | 1h | 783.15 | −0.028% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 784.20 | +0.106% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 784.86 | +0.190% | $846K | $3.0M | 30x | as long as short |
| gTrade (Gains Network) BNB/USDlong | L +0.0007% / S −0.0007% | 1h | 783.37 | long leg | $9.4M | — | 150x | |
| Aster BNBUSDT | +0.0031% | 8h | 784.16 | +0.101% | $6.0M | $19.0M | 200x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.773% | $19K | $789K | 30x | as long as short |
| BingX BNB-USDT | +0.0042% | 8h | 783.73 | +0.046% | — | $22.1M | — | as long as short |
| Phemex BNBUSDT | +0.0054% | 8h | 784.04 | +0.086% | $68.6M | $50.5M | 50x | as long as short |
| MEXC BNB_USDT | +0.0054% | 8h | 784.50 | +0.144% | $79.5M | $11.9M | 200x | as long as short |
| Binance BNBUSDT | +0.0054% | 8h | 784.21 | +0.107% | $488.5M | $810.2M | 75x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
StandX BNB-USD
Aster BNBUSDT
Injective BNB/USDC PERP
BingX BNB-USDT
Phemex BNBUSDT
MEXC BNB_USDT
Binance BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BNBUSD | +0.0069% | 1h | 783.56 | +0.025% | $2.5M | $1.2M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0080% | 1h | 783.79 | +0.054% | $567K | $1.9M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 783.69 | +0.041% | $2.7M | $3.8M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 783.43 | +0.008% | $264K | $489K | 50x | as long as short |
| Nado BNB-PERPshort | +0.0100% | 1h | 783.75 | +0.049% | $1.4M | $2.7M | 20x | |
| Hyperliquid BNB | +0.0100% | 1h | 784.15 | +0.100% | $51.3M | $17.6M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 784.19 | +0.105% | $1.2M | $933K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 783.51 | +0.018% | $137.7M | $74.5M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 783.40 | +0.004% | $53.3M | $112.1M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 784.10 | +0.093% | $52K | $129K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 783.55 | +0.023% | $36.4M | $58.8M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 783.17 | −0.026% | $27.6M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 783.26 | −0.014% | $75.8M | $30.8M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 783.93 | +0.071% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 784.13 | +0.097% | $4.0M | $4.8M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 785.32 | +0.249% | $4.1M | $75.1M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 785.72 | +0.300% | $158K | $439K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 783.67 | +0.038% | $131K | $954K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 783.49 | +0.015% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 784.54 | +0.149% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 783.60 | +0.029% | $385K | $994K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 783.45 | +0.010% | $8.0M | $10.0M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 784.22 | +0.109% | $76K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 783.18 | −0.024% | $1.8M | $6.2M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 783.73 | +0.046% | $376K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0107% | 1h | 785.13 | +0.225% | $169K | $35K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0146% | 8h | 784.20 | +0.106% | $154K | $2.7M | 4.8x | as long as short |
| dYdX BNB-USD | +0.0162% | 1h | 784.37 | +0.127% | $159K | $61K | 10x | as long as short |
| BloFin BNB-USDT | +0.0174% | 8h | 784.07 | +0.089% | $17.6M | $2.2M | 75x | as long as short |
| GRVT BNB_USDT_Perp | +0.0208% | 8h | 785.52 | +0.274% | $2.9M | $29.3M | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0296% | 1h | 784.54 | +0.149% | $28K | $4K | 10x | as long as short |
| Bulk BNB-USD | +0.0298% | 1h | 785.69 | +0.296% | $637K | $4K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 783.88 | +0.065% | $1.5M | $143K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0323% | 1h | 783.31 | −0.007% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0432% | 1h | 784.18 | +0.103% | $1.1M | $909K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0504% | 1h | 784.29 | +0.118% | $67K | $39K | 12x | as long as short |
Kraken Futures PF_BNBUSD
Coinbase International BNB-PERP-INTX
Lighter BNB
Orderly PERP_BNB_USDC
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
Kalshi KXBNBPERP
dYdX BNB-USD
BloFin BNB-USDT
GRVT BNB_USDT_Perp
01 Exchange BNBUSD
Bulk BNB-USD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P