BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.12 per $10,000 · paid last 24h +0.030%

Price spread now: Nado against StandX+0.158%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−$4as in the Price arb table

costs, in and out, $10k−$290.292% of the position

Long on StandX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.091%+$9 on $10k

Price spread, last 7 days−0.252%−$25 · spread now +0.158%, 7d avg −0.096%

Together, before fees−0.161%+ Points / potential airdropStandX: Active · Nado: Active · farm board−$16 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 0.254% dearer against StandX than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of −0.096%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX BNB-USD	804.73	0	get 0.0000% / 1h	32m 05s	$870K	$3.0M	30x
Short	Nado BNB-PERP	806.00	0.0100	get 0.0012% / 1h	32m 05s	$1.4M	$2.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against StandX. 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

Position, each leg$Hold fordaysFee StandXbpFee NadobpOrdersPrice spread, now +0.158%Rate

Funding earned: $21
Price spread: +0.158% → −0.096%: $25.43
Slippage, 4 orders: −$14.23
Fee StandX: 4 bp × 2 orders: −$8
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $17.2
Costs to cover: 0.292%
Break-even: 1.3 days

Slippage from StandX: live order book, 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 StandX live order book, 2 min ago	5.09 bp	9.3 bp −$9	12.6 bp −$126	doesn't fit	doesn't fit
Sell Nado live order book, 2 min ago	0.12 bp	4.8 bp −$5	10.8 bp −$108	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 −0.0195% / S +0.0371%	1h	805.69	+0.119%	$49K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	806.71	+0.246%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	805.16	+0.053%	$3.0M	$29.8M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	806.60	+0.232%	$115K	$2.5M	4.8x	as long as short
StandX BNB-USDlong	0.0000%	1h	804.73	long leg	$870K	$3.0M	30x
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0008%	1h	805.86	+0.140%	$9.8M	—	150x	as long as short
Coinbase International BNB-PERP-INTX	+0.0064%	1h	805.24	+0.063%	$609K	$903K	50x	as long as short
Variational Omni BNB	+0.0069%	8h	804.46	−0.033%	$4.1M	$5.5M	—	as long as short
BingX BNB-USDC	+0.0074%	8h	806.01	+0.159%	—	$13.3M	—	as long as short
Phemex BNBUSDT	+0.0089%	8h	806.75	+0.251%	$70.5M	$51.4M	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster BNBUSDT	+0.0093%	8h	806.87	+0.266%	$6.3M	$18.9M	200x	as long as short
MEXC BNB_USDT	+0.0094%	8h	807.30	+0.319%	$85.2M	$14.9M	200x	as long as short
Binance BNBUSDT	+0.0094%	8h	806.55	+0.227%	$519.8M	$806.8M	75x	as long as short
Lighter BNB	+0.0096%	1h	806.48	+0.218%	$2.8M	$4.2M	20x	as long as short
Nado BNB-PERPshort	+0.0100%	1h	806.00	+0.158%	$1.4M	$2.8M	20x
Pacifica BNB	+0.0100%	1h	806.25	+0.189%	$1.2M	$915K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	805.70	+0.121%	$139.3M	$84.1M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	805.80	+0.133%	$55.2M	$115.9M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	806.10	+0.170%	$52K	$222K	10x	as long as short
Bulk BNB-USD	+0.0100%	1h	806.70	+0.245%	$652K	$11K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	805.75	+0.127%	$36.1M	$58.6M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	806.30	+0.195%	$28.2M	$10.5M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	805.50	+0.096%	$79.0M	$24.5M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	805.45	+0.089%	$4.2M	$76.7M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	805.32	+0.073%	$159K	$437K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	805.72	+0.123%	$119K	$876K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	806.27	+0.191%	$390K	$596K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	806.42	+0.209%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	806.26	+0.190%	$13K	$1.7M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	806.40	+0.208%	$397K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	806.10	+0.170%	$8.2M	$7.1M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	807.17	+0.303%	$79K	$19K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	806.04	+0.163%	$1.9M	$6.3M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	806.49	+0.218%	$387K	$40K	10x	as long as short
Phoenix BNB	+0.0110%	1h	805.55	+0.102%	$173K	$35K	10x	as long as short
Kraken Futures PF_BNBUSD	+0.0131%	1h	806.19	+0.182%	$2.5M	$915K	50x	as long as short
RISEx BNB/USDC	+0.0143%	1h	806.09	+0.169%	$1.1M	$1.4M	20x	as long as short
Injective BNB/USDC PERP	+0.0157%	1h	800.33	−0.547%	$19K	$423K	30x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	806.73	+0.248%	$1.6M	$160K	25x	as long as short
Hyperliquid BNB	+0.0213%	1h	806.78	+0.255%	$51.8M	$21.5M	10x	as long as short
BloFin BNB-USDT	+0.0214%	8h	806.63	+0.236%	$18.8M	$3.0M	75x	as long as short
Hibachi BNB/USDT-P	+0.0224%	1h	805.20	+0.059%	$72K	$48K	12x	as long as short
01 Exchange BNBUSD	+0.0288%	1h	806.74	+0.250%	$29K	$1K	10x	as long as short
Reya BNBRUSDPERP	+0.0336%	1h	805.46	+0.090%	$6K	$3K	40x	as long as short
dYdX BNB-USD	+0.0389%	1h	805.88	+0.143%	$171K	$55K	10x	as long as short
Backpack BNB_USDC_PERP	+0.0625%	1h	807.04	+0.287%	$3.0M	$5.3M	40x	as long as short