Settings8H · net · $10k
Funding arb · Price arb /

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: HTX against Nado+0.047%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$280.282% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.083%−$8 · spread now +0.047%, 7d avg +0.015%
Together, before fees−0.085%+ Points / potential airdropNado: Active · farm board−$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.032% dearer against Nado than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado BNB-PERP786.150.0100pay 0.0012% / 1h51m 10s$1.4M$2.7M20x
ShortHTX BNB-USDT786.520.0100get 0.0100% / 8h1h 51m$8.0M$10.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Nado. 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

Funding earned
$0
Price spread: +0.047% → +0.015%
$3.19
Slippage, 4 orders
−$9.21
Fee Nado: 3.5 bp × 2 orders
−$7
Fee HTX: 6 bp × 2 orders
−$12
Net
−$25.02
Costs to cover
0.282%
Break-even
2570902927079667.0 days
Slippage from Nado: live order book, 3 min ago; HTX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 3 min ago0.06 bp3.6 bp −$48.4 bp −$84doesn't fitdoesn't fit
Sell HTX live order book, 3 min ago1.39 bp11.9 bp −$1215.2 bp −$15243.0 bp −$4,302doesn't fit

BNB on 46 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0170% / S +0.0337%1h786.62+0.060%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h786.57+0.053%$4K$4225xas long as short
StandX BNB-USD0.0000%1h786.94+0.100%$849K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h786.66+0.065%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.409%$19K$789K30xas long as short
Aster BNBUSDT+0.0047%8h787.38+0.157%$6.1M$19.0M200xas long as short
BingX BNB-USDT+0.0054%8h787.07+0.117%$22.2Mas long as short
dYdX BNB-USD+0.0057%1h786.44+0.037%$159K$62K10xas long as short
MEXC BNB_USDT+0.0066%8h787.80+0.210%$81.0M$12.0M200xas long as short
Binance BNBUSDT+0.0067%8h787.41+0.160%$490.3M$816.3M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0074%8h787.42+0.162%$68.9M$51.1M50xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h786.56+0.052%$568K$1.9M50xas long as short
Lighter BNB+0.0096%1h786.97+0.105%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h786.79+0.081%$265K$471K50xas long as short
Nado BNB-PERPlong+0.0100%1h786.15long leg$1.4M$2.7M20x
Pacifica BNB+0.0100%1h786.47+0.041%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h786.70+0.070%$138.5M$75.2M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h786.70+0.070%$53.5M$113.1M50xas long as short
Arcus BNB-USD+0.0100%1h786.50+0.045%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h786.90+0.095%$37.1M$58.7M75xas long as short
KuCoin BNBUSDTM+0.0100%8h786.52+0.047%$27.7M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h786.78+0.080%$76.2M$31.1M75xas long as short
Variational Omni BNB+0.0100%8h786.71+0.072%$4.0M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h786.76+0.077%$4.1M$75.8M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h786.43+0.036%$158K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h786.53+0.048%$131K$949K10xas long as short
Derive BNB-PERP+0.0100%1h786.93+0.100%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h787.28+0.144%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h786.90+0.095%$387K$986K10xas long as short
HTX BNB-USDTshort+0.0100%8h786.52+0.047%$8.0M$10.1M75x
Paradex BNB-USD-PERP+0.0101%8h786.84+0.088%$76K$17K50xas long as short
Extended BNB-USD+0.0104%1h786.39+0.030%$1.8M$6.2M50xas long as short
Aevo BNB-PERP+0.0104%1h786.81+0.084%$378K$110K10xas long as short
Kalshi KXBNBPERP+0.0133%8h787.30+0.146%$169K$2.7M4.8xas long as short
Hyperliquid BNB+0.0134%1h787.64+0.190%$51.5M$17.6M10xas long as short
Phoenix BNB+0.0135%1h787.00+0.108%$169K$35K10xas long as short
BloFin BNB-USDT+0.0187%8h787.31+0.148%$17.8M$2.2M75xas long as short
Backpack BNB_USDC_PERP+0.0197%1h787.34+0.151%$2.2M$6.1M40xas long as short
Kraken Futures PF_BNBUSD+0.0206%1h786.62+0.060%$2.5M$1.2M50xas long as short
GRVT BNB_USDT_Perp+0.0226%8h787.01+0.110%$2.9M$29.6M10xas long as short
01 Exchange BNBUSD+0.0272%1h786.94+0.100%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h787.19+0.132%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0322%1h786.41+0.033%$6K$3K40xas long as short
Bulk BNB-USD+0.0328%1h787.20+0.134%$638K$4K10xas long as short
RISEx BNB/USDC+0.0438%1h786.67+0.067%$1.1M$909K20xas long as short
Hibachi BNB/USDT-P+0.0560%1h786.62+0.060%$67K$39K12xas long as short