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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Nado against HTX−0.086%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$250.249% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.003%$0 on $10k
Price spread, last 3 days (all we have)+0.148%+$15 · spread now −0.086%, 7d avg −0.017%
Together, before fees+0.151%+ Points / potential airdropNado: Active · farm board+$15 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: Nado is 0.069% cheaper against HTX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.017%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BNB-USDT800.550.0100pay 0.0100% / 8h1h 13m$8.2M$7.9M75x
ShortNado BNB-PERP799.870.0100get 0.0012% / 1h13m 51s$1.4M$2.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against HTX. 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
$0
Price spread: −0.086% → −0.017%
−$6.92
Slippage, 4 orders
−$5.9
Fee HTX: 6 bp × 2 orders
−$12
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$31.82
Costs to cover
0.249%
Break-even
never at this rate
Slippage from HTX: live order book, 5 min ago; Nado: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 5 min ago1.35 bp7.4 bp −$710.4 bp −$10436.4 bp −$3,641doesn't fit
Sell Nado live order book, 5 min ago0.06 bp4.1 bp −$410.2 bp −$102doesn't fitdoesn't fit

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]L −0.0201% / S +0.0372%1h800.09−0.057%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h800.550.000%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h800.94+0.048%$3.0M$29.4M10xas long as short
Kalshi KXBNBPERP0.0000%8h800.90+0.043%$147K$2.8M4.8xas long as short
StandX BNB-USD0.0000%1h800.90+0.043%$866K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h800.17−0.048%$9.7M150xas long as short
Variational Omni BNB+0.0035%8h799.95−0.075%$4.1M$5.3Mas long as short
BingX BNB-USDC+0.0059%8h800.15−0.050%$13.3Mas long as short
Bybit BNBUSDT+0.0069%8h799.60−0.119%$139.2M$79.8M75xas long as short
Lighter BNB+0.0096%1h800.47−0.011%$2.8M$4.2M20xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0096%1h801.17+0.077%$610K$995K50xas long as short
Aster BNBUSDT+0.0097%8h800.70+0.018%$6.3M$19.0M200xas long as short
Nado BNB-PERPshort+0.0100%1h799.87−0.086%$1.4M$2.8M20x
Pacifica BNB+0.0100%1h800.38−0.022%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h799.80−0.094%$54.6M$115.5M50xas long as short
Arcus BNB-USD+0.0100%1h800.50−0.007%$53K$151K10xas long as short
Gate BNB_USDT+0.0100%8h799.80−0.094%$35.7M$58.6M75xas long as short
KuCoin BNBUSDTM+0.0100%8h799.88−0.084%$28.0M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h799.71−0.105%$80.8M$26.6M75xas long as short
edgeX BNBUSDC+0.0100%4h801.22+0.083%$4.2M$77.6M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h800.94+0.048%$161K$443K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h800.11−0.055%$121K$877K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h800.14−0.052%$387K$527K50xas long as short
Derive BNB-PERP+0.0100%1h800.31−0.030%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h800.77+0.027%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h800.30−0.032%$393K$1.0M10xas long as short
HTX BNB-USDTlong+0.0100%8h800.55long leg$8.2M$7.9M75x
Paradex BNB-USD-PERP+0.0100%8h800.76+0.025%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h799.57−0.123%$1.8M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h800.20−0.044%$384K$40K10xas long as short
Binance BNBUSDT+0.0117%8h800.61+0.007%$502.9M$817.9M75xas long as short
MEXC BNB_USDT+0.0117%8h801.00+0.056%$83.3M$13.8M200xas long as short
Phemex BNBUSDT+0.0119%8h800.73+0.022%$70.0M$51.8M50xas long as short
Phoenix BNB+0.0155%1h801.63+0.134%$172K$35K10xas long as short
Hibachi BNB/USDT-P+0.0192%1h800.13−0.054%$71K$48K12xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h800.54−0.001%$1.6M$165K25xas long as short
Kraken Futures PF_BNBUSD+0.0207%1h800.11−0.056%$2.6M$971K50xas long as short
BloFin BNB-USDT+0.0237%8h800.50−0.007%$18.3M$2.5M75xas long as short
Injective BNB/USDC PERP+0.0311%1h805.09+0.567%$19K$789K30xas long as short
dYdX BNB-USD+0.0314%1h799.94−0.077%$161K$62K10xas long as short
Bulk BNB-USD+0.0314%1h802.70+0.268%$652K$21K10xas long as short
RISEx BNB/USDC+0.0318%1h800.37−0.023%$1.1M$1.4M20xas long as short
Hyperliquid BNB+0.0319%1h800.87+0.039%$51.8M$21.9M10xas long as short
01 Exchange BNBUSD+0.0320%1h800.86+0.038%$28K$1K10xas long as short
Reya BNBRUSDPERP+0.0332%1h799.76−0.100%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0588%1h801.02+0.058%$2.7M$5.7M40xas long as short