Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%
Price spread now: SoDEX against Nado+0.013%7-day average +0.047% · 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−$21as in the Price arb table
costs, in and out, $10k−$170.175% of the position
Funding, last 4 days (all we have)+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)−0.241%−$24 · spread now +0.013%, 7d avg +0.047%
=Together, before fees−0.228%+ Points / potential airdropNado: Active · farm board−$23 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: SoDEX is 0.034% cheaper against Nado than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado BNB-PERP | 785.80 | 0.0100 | pay 0.0012% / 1h | 37m 10s | $1.3M | $2.6M | 20x |
| Short | SoDEX BNB-USD | 785.90 | 0.0100 | get 0.0013% / 1h | 37m 10s | $386K | $943K | 10x |
Nado BNB-PERP
SoDEX BNB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Nado. 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
- $0
- Price spread: +0.013% → +0.047%
- −$3.45
- Slippage, 4 orders
- −$2.49
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$20.93
- Costs to cover
- 0.175%
- Break-even
- 2150606536700896.5 days
Slippage from Nado: live order book, 2 min ago; SoDEX: live order book, 7 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 Nado live order book, 2 min ago | 0.06 bp | 3.6 bp −$4 | 8.5 bp −$85 | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 7 min ago | 0.64 bp | 4.6 bp −$5 | 8.3 bp −$83 | 75.7 bp −$7,574 | 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 −0.0168% / S +0.0337% | 1h | 785.82 | +0.002% | $43K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 786.37 | +0.073% | $4K | — | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0021% | 1h | 785.63 | −0.021% | $2.5M | $1.2M | 50x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 786.12 | +0.041% | $2.9M | $27.5M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 786.71 | +0.116% | $849K | $2.7M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 785.81 | +0.002% | $9.5M | — | 150x | as long as short |
| Aster BNBUSDT | +0.0023% | 8h | 786.31 | +0.065% | $6.0M | $18.4M | 200x | as long as short |
| BingX BNB-USDT | +0.0032% | 8h | 785.88 | +0.010% | — | $22.1M | — | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.455% | $19K | $789K | 30x | as long as short |
| MEXC BNB_USDT | +0.0039% | 8h | 787.40 | +0.204% | $82.4M | $12.2M | 200x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
Kraken Futures PF_BNBUSD
GRVT BNB_USDT_Perp
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Aster BNBUSDT
BingX BNB-USDT
Injective BNB/USDC PERP
MEXC BNB_USDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNBUSDT | +0.0040% | 8h | 786.25 | +0.057% | $488.8M | $813.0M | 75x | as long as short |
| Lighter BNB | +0.0096% | 1h | 785.81 | +0.001% | $2.7M | $3.6M | 20x | as long as short |
| Nado BNB-PERPlong | +0.0100% | 1h | 785.80 | long leg | $1.3M | $2.6M | 20x | |
| Hyperliquid BNB | +0.0100% | 1h | 786.34 | +0.069% | $51.6M | $17.6M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 786.19 | +0.050% | $1.2M | $937K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 785.60 | −0.025% | $138.4M | $73.2M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 785.40 | −0.051% | $53.4M | $110.9M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 786.20 | +0.051% | $52K | $125K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 785.80 | 0.000% | $39.3M | $55.6M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 785.57 | −0.029% | $27.7M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 785.32 | −0.061% | $75.3M | $32.5M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 786.16 | +0.046% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 785.22 | −0.074% | $4.3M | $4.9M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 785.98 | +0.023% | $4.1M | $76.1M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 786.12 | +0.041% | $158K | $439K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 786.15 | +0.045% | $131K | $942K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 785.88 | +0.010% | $264K | $358K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 785.93 | +0.017% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 786.26 | +0.059% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USDshort | +0.0100% | 1h | 785.90 | +0.013% | $386K | $943K | 10x | |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 786.16 | +0.046% | $1.5M | $141K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 786.00 | +0.026% | $8.0M | $10.3M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 786.43 | +0.081% | $78K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 785.29 | −0.065% | $1.8M | $5.8M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 785.72 | −0.010% | $377K | $110K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0112% | 8h | 786.40 | +0.076% | $159K | $2.6M | 4.8x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0120% | 1h | 786.59 | +0.101% | $548K | $1.9M | 50x | as long as short |
| Phoenix BNB | +0.0120% | 1h | 786.32 | +0.066% | $158K | $38K | 10x | as long as short |
| dYdX BNB-USD | +0.0126% | 1h | 785.69 | −0.013% | $157K | $64K | 10x | as long as short |
| Phemex BNBUSDT | +0.0133% | 8h | 786.41 | +0.078% | $68.5M | $51.2M | 50x | as long as short |
| BloFin BNB-USDT | +0.0158% | 8h | 786.34 | +0.069% | $17.8M | $2.2M | 75x | as long as short |
| Bulk BNB-USD | +0.0212% | 1h | 785.97 | +0.022% | $637K | $831 | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0232% | 1h | 786.48 | +0.087% | $28K | $3K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0319% | 1h | 785.66 | −0.018% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0355% | 1h | 786.24 | +0.056% | $1.1M | $911K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0408% | 1h | 786.20 | +0.050% | $67K | $39K | 12x | as long as short |
Binance BNBUSDT
Lighter BNB
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
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Kalshi KXBNBPERP
Coinbase International BNB-PERP-INTX
Phoenix BNB
dYdX BNB-USD
Phemex BNBUSDT
BloFin BNB-USDT
Bulk BNB-USD
01 Exchange BNBUSD
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P