Funding you earn now, next payment 07:00 UTC+0.0026%/8h= +2.9% APRpaid last 24h −0.015%
Price spread now: BingX against Nado−0.030%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$170.171% of the position
Funding, last 3 days (all we have)−0.056%−$6 on $10k
+Price spread, last 7 days−0.005%−$1 · spread now −0.030%, 7d avg −0.045%
=Together, before fees−0.062%+ Points / potential airdropNado: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.045%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.056%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado BTC-PERP | 85,342.9 | 0.0048 | pay 0.0006% / 1h | 2m 14s | $24.1M | $219.7M | 50x |
| Short | BingX BTC-USDC | 85,317.2 | 0.0074 | get 0.0074% / 8h | 1h 02m | — | $17.4M | — |
Nado BTC-PERP
BingX BTC-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $5.52
- Price spread: −0.030% → −0.045%
- $1.52
- Slippage, 4 orders
- −$0.14
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$10.1
- Costs to cover
- 0.171%
- Break-even
- 19.8 days
Slippage from Nado: live order book, 2 min ago; BingX: live order book, 6 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 | 3.6 bp −$36 | 3.9 bp −$392 | 9.5 bp −$4,741 |
| Sell BingX live order book, 6 min ago | 0.01 bp | 5.0 bp −$5 | 5.6 bp −$56 | 6.5 bp −$646 | 7.7 bp −$3,832 |
BTC on 56 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix BTC | −0.0082% | 1h | 85,520 | +0.208% | $2.3M | $10.4M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,360 | +0.020% | $8K | $3K | 50x | as long as short |
| KuCoin XBTUSDTM | −0.0032% | 8h | 85,348.3 | +0.006% | $928.2M | $773.2M | 125x | as long as short |
| BloFin BTC-USDT | −0.0023% | 8h | 85,381.7 | +0.046% | $421.4M | $680.9M | 150x | as long as short |
| Aster BTCUSDT | −0.0004% | 8h | 85,335.4 | −0.009% | $512.2M | $1.09B | 200x | as long as short |
| 01 Exchange BTCUSD | 0.0000% | 1h | 85,358.3 | +0.018% | $352K | $2.4M | 50x | as long as short |
| Perpl BTC | 0.0000% | 43m | 85,392.5 | +0.058% | $492K | $18.3M | 6.7x | as long as short |
| Deribit BTC-PERPETUAL | 0.0000% | 1h | 85,372.9 | +0.035% | $849.7M | $1.64B | 50x | as long as short |
| dYdX BTC-USD | +0.0001% | 1h | 85,384.6 | +0.049% | $16.7M | $21.0M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,362.3 | +0.023% | $36.5M | — | 200x | as long as short |
Phoenix BTC
Hotstuff BTC-PERP
KuCoin XBTUSDTM
BloFin BTC-USDT
Aster BTCUSDT
01 Exchange BTCUSD
Perpl BTC
Deribit BTC-PERPETUAL
dYdX BTC-USD
gTrade (Gains Network) BTC/USDShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado BTC-PERPlong | +0.0048% | 1h | 85,342.9 | long leg | $24.1M | $219.7M | 50x | |
| Injective BTC/USDC PERP | +0.0057% | 1h | 85,420 | +0.090% | $339K | $26.8M | 52x | as long as short |
| BingX BTC-USDCshort | +0.0074% | 8h | 85,317.2 | −0.030% | — | $17.4M | — | |
| Kraken Futures PF_XBTUSD | +0.0089% | 1h | 85,350.7 | +0.009% | $185.9M | $951.9M | 100x | as long as short |
| Bybit BTCUSDT | +0.0091% | 8h | 85,333.1 | −0.011% | $5.13B | $9.97B | 150x | as long as short |
| SoDEX BTC-USD | +0.0091% | 1h | 85,340 | −0.003% | $59.7M | $336.6M | 40x | as long as short |
| Bitget BTCUSDT | +0.0091% | 8h | 85,340.5 | −0.003% | $2.96B | $5.15B | 150x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,353.2 | +0.012% | $169.7M | $1.03B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,350.8 | +0.009% | $23.6M | $149.1M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,351 | +0.010% | $8.4M | $57.2M | 100x | as long as short |
| Aevo BTC-PERP | +0.0096% | 1h | 85,340.5 | −0.003% | $2.4M | $6.7M | 20x | as long as short |
| MEXC BTC_USDT | +0.0097% | 8h | 85,346 | +0.004% | $5.03B | $5.79B | 500x | as long as short |
| Binance BTCUSDT | +0.0097% | 8h | 85,341.1 | −0.002% | $9.42B | $24.87B | 150x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,337 | −0.007% | $245K | $8.6M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,392.4 | +0.058% | $5.8M | $9.6M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,425 | +0.096% | $3.75B | $5.06B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,383.6 | +0.048% | $40.4M | $603.0M | 50x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,345 | +0.003% | $2.60B | $12.18B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,361 | +0.021% | $3.8M | $17.1M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,349.3 | +0.008% | $5.1M | $96.0M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,356.6 | +0.016% | $5.54B | $11.09B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,351.7 | +0.010% | $37.4M | $182.7M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,432.9 | +0.106% | $156.6M | $557.5M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,433.6 | +0.106% | $279.9M | $953.7M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 85,439 | +0.113% | $214.5M | $163.3M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,433.9 | +0.107% | $139.7M | $313.2M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,401.3 | +0.069% | $30.1M | $207.3M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,407.8 | +0.076% | — | $9.9M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,348 | +0.006% | $11.0M | $14.7M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,346.7 | +0.005% | $198K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,343.5 | +0.001% | $2.6M | $9.8M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,376.1 | +0.039% | $194K | $795K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,383.8 | +0.048% | $30.0M | $46.1M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,352.2 | +0.011% | $2.9M | $6.1M | 100x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 85,342.7 | 0.000% | $2.26B | $963.2M | 200x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 85,357.9 | +0.018% | $157.5M | $512.3M | 150x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,413.1 | +0.082% | $689.0M | $342.5M | 40x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,316.6 | −0.031% | $45.2M | $240.1M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,363.6 | +0.024% | — | $104.3M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0104% | 1h | 85,369 | +0.031% | $112.9M | $5.47B | 50x | as long as short |
| Reya BTCRUSDPERP | +0.0135% | 1h | 85,336.4 | −0.008% | $6.6M | $147.5M | 40x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0175% / S −0.0148% | 1h | 85,357 | +0.017% | $13.0M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0175% | 8h | 85,373 | +0.035% | $11.9M | $739.1M | 6.4x | as long as short |
| RISEx BTC/USDC | +0.0193% | 1h | 85,378.7 | +0.042% | $8.8M | $42.7M | 25x | as long as short |
| Hibachi BTC/USDT-P | +0.0208% | 1h | 85,443.3 | +0.118% | $685K | $7.8M | 30x | as long as short |
| Aftermath Perps BTCUSD | +0.0274% | 1h | 85,430.6 | +0.103% | $79K | $246K | 20x | as long as short |
Injective BTC/USDC PERP
Kraken Futures PF_XBTUSD
Bybit BTCUSDT
SoDEX BTC-USD
Bitget BTCUSDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Aevo BTC-PERP
MEXC BTC_USDT
Binance BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Hyperliquid BTC
Pacifica BTC
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Gate BTC_USDT
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
GRVT BTC_USDT_Perp
ApeX Omni BTCUSDT
StandX BTC-USD
Vest BTC-PERP
Polymarket Perps BTC-USD
Bullet BTC-USD
Orderly PERP_BTC_USDC
Bluefin BTC-PERP
Derive BTC-PERP
SunX BTC-USDT
HTX BTC-USDT
Phemex BTCUSDT
Bulk BTC-USD
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Reya BTCRUSDPERP
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP
RISEx BTC/USDC
Hibachi BTC/USDT-P
Aftermath Perps BTCUSD