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

BNB

all BNB markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 23:00 UTC+0.0295%/8h= +32.3% APRnext payment +$0.37 per $10,000 · paid last 24h +0.071%
Price spread now: Nado against GMX−0.033%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Long on GMXShort on Nado
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)—no history yet
Price spread, last 7 days—no price history on both exchanges yet
Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories
Funding pays, the price is against you. Nado is 0.033% cheaper against GMX than usual: you would sell low and buy high (spread −0.033% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 9 hours of funding at the current rate (+$9 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX BNB/USD [WBTC.b-USDC]805.06L −0.0195% / S +0.0371%get 0.0024% / 1h48m 58s$49K—200x
ShortNado BNB-PERP804.800.0100get 0.0012% / 1h48m 58s$1.5M$2.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against GMX. 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
$61.89
Price spread: −0.033% → 0.000%
−$3.26
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$39.62
Costs to cover
0.190%
Break-even
2.5 days
Slippage unknown: GMX: no order-book sample; Nado: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample—————
Sell Nado live order book, 5 min ago0.06 bp4.6 bp −$510.4 bp −$104doesn't fitdoesn't fit
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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]longL −0.0195% / S +0.0371%1h805.06long leg$49K—200x
Hotstuff BNB-PERP−0.0080%1h805.58+0.064%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h805.16+0.012%$3.0M$29.3M10xas long as short
Kalshi KXBNBPERP0.0000%8h806.00+0.116%$108K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h805.40+0.042%$870K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h805.11+0.006%$9.8M—150xas long as short
Variational Omni BNB+0.0047%8h804.38−0.085%$4.1M$5.3M—as long as short
Hibachi BNB/USDT-P+0.0056%1h805.18+0.015%$71K$48K12xas long as short
BingX BNB-USDT+0.0057%8h805.41+0.043%—$34.5M—as long as short
Bybit BNBUSDT+0.0084%8h804.90−0.020%$139.5M$82.0M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BNB+0.0096%1h805.59+0.066%$2.8M$4.2M20xas long as short
Coinbase International BNB-PERP-INTX+0.0096%1h805.76+0.087%$608K$882K50xas long as short
Nado BNB-PERPshort+0.0100%1h804.80−0.033%$1.5M$2.8M20x
Pacifica BNB+0.0100%1h805.33+0.033%$1.2M$924K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h805.00−0.008%$55.1M$116.2M50xas long as short
Arcus BNB-USD+0.0100%1h805.50+0.054%$53K$170K10xas long as short
Gate BNB_USDT+0.0100%8h805.20+0.017%$36.2M$57.2M75xas long as short
KuCoin BNBUSDTM+0.0100%8h805.17+0.013%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h804.96−0.013%$78.7M$25.0M75xas long as short
edgeX BNBUSDC+0.0100%4h805.44+0.047%$4.2M$76.5M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h805.60+0.067%$162K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h805.00−0.008%$116K$870K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h805.18+0.015%$389K$592K50xas long as short
Derive BNB-PERP+0.0100%1h805.36+0.037%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h805.79+0.090%$13K$1.7M50xas long as short
HTX BNB-USDT+0.0100%8h805.32+0.032%$8.2M$7.6M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h805.97+0.112%$79K$19K50xas long as short
Aster BNBUSDT+0.0103%8h805.94+0.110%$6.4M$18.8M200xas long as short
Extended BNB-USD+0.0104%1h804.93−0.017%$1.9M$6.0M50xas long as short
Aevo BNB-PERP+0.0104%1h805.45+0.048%$387K$40K10xas long as short
MEXC BNB_USDT+0.0117%8h806.30+0.154%$84.6M$13.3M200xas long as short
Binance BNBUSDT+0.0118%8h805.86+0.099%$520.7M$805.1M75xas long as short
Phemex BNBUSDT+0.0134%8h805.92+0.106%$70.3M$51.8M50xas long as short
SoDEX BNB-USD+0.0145%1h805.40+0.042%$396K$1.0M10xas long as short
Phoenix BNB+0.0155%1h805.39+0.041%$173K$35K10xas long as short
Hyperliquid BNB+0.0155%1h806.09+0.127%$51.9M$22.0M10xas long as short
dYdX BNB-USD+0.0185%1h805.13+0.008%$162K$63K10xas long as short
Kraken Futures PF_BNBUSD+0.0205%1h805.39+0.040%$2.5M$932K50xas long as short
BloFin BNB-USDT+0.0238%8h805.81+0.093%$18.8M$3.1M75xas long as short
Bulk BNB-USD+0.0274%1h805.55+0.061%$651K$14K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h805.72+0.082%$1.6M$165K25xas long as short
Injective BNB/USDC PERP+0.0311%1h805.09+0.003%$19K$789K30xas long as short
RISEx BNB/USDC+0.0318%1h805.37+0.038%$1.1M$1.4M20xas long as short
Reya BNBRUSDPERP+0.0333%1h804.73−0.042%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0344%1h805.89+0.103%$29K$1K10xas long as short
Backpack BNB_USDC_PERP+0.0712%1h806.40+0.166%$3.0M$5.5M40xas long as short