Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.12 per $10,000 · paid last 24h −0.030%
Price spread now: StandX against Nado+0.207%7-day average +0.096% · 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−$18as in the Price arb table
costs, in and out, $10k−$290.292% of the position
Funding, last 3 days (all we have)−0.095%−$9 on $10k
+Price spread, last 7 days−0.133%−$13 · spread now +0.207%, 7d avg +0.096%
=Together, before fees−0.228%+ Points / potential airdropNado: Active · StandX: Active · farm board−$23 on $10k · with fees, hour by hour
The price spread pays, funding is against you. StandX is 0.111% dearer against Nado than usual: you sell high and buy low (spread +0.207% now, against its 7-day average of +0.096%): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado BNB-PERP | 801.68 | 0.0100 | pay 0.0012% / 1h | 41m 02s | $1.4M | $2.7M | 20x |
| Short | StandX BNB-USD | 803.34 | 0 | get 0.0000% / 1h | 41m 02s | $868K | $2.9M | 30x |
Nado BNB-PERP
StandX BNB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
StandX 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
- −$21
- Price spread: +0.207% → +0.096%
- $11.11
- Slippage, 4 orders
- −$14.2
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$39.09
- Costs to cover
- 0.292%
- Break-even
- never at this rate
Slippage from Nado: live order book, 3 min ago; StandX: live order book, 3 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, 3 min ago | 0.06 bp | 4.7 bp −$5 | 11.4 bp −$114 | doesn't fit | doesn't fit |
| Sell StandX live order book, 3 min ago | 4.92 bp | 10.1 bp −$10 | 12.3 bp −$123 | 52.1 bp −$5,211 | 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 −0.0201% / S +0.0372% | 1h | 802.02 | +0.043% | $48K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 802.26 | +0.073% | $4K | $1K | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0074% | 1h | 801.61 | −0.009% | $2.6M | $970K | 50x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 802.87 | +0.149% | $3.0M | $28.0M | 10x | as long as short |
| StandX BNB-USDshort | 0.0000% | 1h | 803.34 | +0.207% | $868K | $2.9M | 30x | |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 801.96 | +0.036% | $9.8M | — | 150x | as long as short |
| Variational Omni BNB | +0.0027% | 8h | 802.45 | +0.096% | $4.2M | $5.4M | — | as long as short |
| BingX BNB-USDT | +0.0048% | 8h | 801.76 | +0.010% | — | $34.8M | — | as long as short |
| Bybit BNBUSDT | +0.0058% | 8h | 801.36 | −0.040% | $139.1M | $78.6M | 75x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0072% | 1h | 800.72 | −0.119% | $607K | $995K | 50x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
Kraken Futures PF_BNBUSD
GRVT BNB_USDT_Perp
gTrade (Gains Network) BNB/USD
Variational Omni BNB
BingX BNB-USDT
Bybit BNBUSDT
Coinbase International BNB-PERP-INTXShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter BNB | +0.0096% | 1h | 801.94 | +0.032% | $2.8M | $4.1M | 20x | as long as short |
| Nado BNB-PERPlong | +0.0100% | 1h | 801.68 | long leg | $1.4M | $2.7M | 20x | |
| Pacifica BNB | +0.0100% | 1h | 801.84 | +0.020% | $1.2M | $926K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 801.40 | −0.035% | $54.6M | $113.4M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 802.20 | +0.065% | $53K | $133K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 801.55 | −0.016% | $35.9M | $57.8M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 801.84 | +0.020% | $28.0M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 801.48 | −0.025% | $79.5M | $27.4M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 803.59 | +0.239% | $4.2M | $77.8M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 803.34 | +0.207% | $162K | $442K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 801.84 | +0.020% | $117K | $875K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 801.89 | +0.027% | $387K | $497K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 802.07 | +0.049% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 802.20 | +0.065% | $13K | $1.7M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 801.90 | +0.028% | $394K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 801.87 | +0.024% | $8.2M | $8.0M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 802.23 | +0.069% | $78K | $19K | 50x | as long as short |
| Aster BNBUSDT | +0.0100% | 8h | 802.26 | +0.072% | $6.4M | $19.0M | 200x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 801.21 | −0.059% | $1.8M | $6.4M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 801.90 | +0.028% | $385K | $40K | 10x | as long as short |
| Phemex BNBUSDT | +0.0112% | 8h | 802.42 | +0.093% | $70.1M | $50.9M | 50x | as long as short |
| Kalshi KXBNBPERP | +0.0114% | 8h | 802.40 | +0.090% | $110K | $2.9M | 4.8x | as long as short |
| MEXC BNB_USDT | +0.0123% | 8h | 802.60 | +0.115% | $83.4M | $13.5M | 200x | as long as short |
| Binance BNBUSDT | +0.0123% | 8h | 802.31 | +0.079% | $501.7M | $817.2M | 75x | as long as short |
| Phoenix BNB | +0.0127% | 1h | 802.03 | +0.044% | $172K | $36K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 802.17 | +0.061% | $1.6M | $165K | 25x | as long as short |
| Hyperliquid BNB | +0.0216% | 1h | 802.37 | +0.086% | $52.0M | $21.4M | 10x | as long as short |
| Hibachi BNB/USDT-P | +0.0224% | 1h | 801.92 | +0.030% | $70K | $44K | 12x | as long as short |
| BloFin BNB-USDT | +0.0243% | 8h | 802.44 | +0.095% | $18.3M | $2.5M | 75x | as long as short |
| RISEx BNB/USDC | +0.0258% | 1h | 801.96 | +0.035% | $1.1M | $1.4M | 20x | as long as short |
| Injective BNB/USDC PERP | +0.0306% | 1h | 805.09 | +0.426% | $19K | $789K | 30x | as long as short |
| Bulk BNB-USD | +0.0309% | 1h | 803.58 | +0.237% | $653K | $20K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0332% | 1h | 801.53 | −0.019% | $6K | $3K | 40x | as long as short |
| 01 Exchange BNBUSD | +0.0344% | 1h | 802.51 | +0.104% | $28K | $1K | 10x | as long as short |
| Backpack BNB_USDC_PERP | +0.0366% | 1h | 802.53 | +0.106% | $2.7M | $5.7M | 40x | as long as short |
| dYdX BNB-USD | +0.0432% | 1h | 802.20 | +0.065% | $162K | $62K | 10x | as long as short |
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
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Aster BNBUSDT
Extended BNB-USD
Aevo BNB-PERP
Phemex BNBUSDT
Kalshi KXBNBPERP
MEXC BNB_USDT
Binance BNBUSDT
Phoenix BNB
Deribit BNB_USDC-PERPETUAL
Hyperliquid BNB
Hibachi BNB/USDT-P
BloFin BNB-USDT
RISEx BNB/USDC
Injective BNB/USDC PERP
Bulk BNB-USD
Reya BNBRUSDPERP
01 Exchange BNBUSD
Backpack BNB_USDC_PERP
dYdX BNB-USD