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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: ApeX Omni against Nado−0.075%7-day average +0.093% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$280.277% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.169%+$17 · spread now −0.075%, 7d avg +0.093%
Together, before fees+0.170%+ Points / potential airdropNado: Active · farm board+$17 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: ApeX Omni is 0.168% cheaper against Nado than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.093%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado BNB-PERP787.220.0100pay 0.0012% / 1h29m 18s$1.4M$2.7M20x
ShortApeX Omni BNBUSDT786.630.0100get 0.0013% / 1h29m 18s$158K$436K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Nado. 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: −0.075% → +0.093%
−$16.84
Slippage, 4 orders
−$10.68
Fee Nado: 3.5 bp × 2 orders
−$7
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$44.52
Costs to cover
0.277%
Break-even
4574164902059081.0 days
Slippage from Nado: live order book, 5 min ago; ApeX Omni: live order book, 13 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 Nado live order book, 5 min ago0.06 bp3.6 bp −$49.0 bp −$90doesn't fitdoesn't fit
Sell ApeX Omni live order book, 13 min ago5.15 bp10.3 bp −$1032.1 bp −$321doesn'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 −0.0170% / S +0.0337%1h786.45−0.098%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h787.67+0.057%$4K$4225xas long as short
StandX BNB-USD0.0000%1h787.37+0.019%$849K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h786.52−0.089%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.270%$19K$789K30xas long as short
Aster BNBUSDT+0.0051%8h787.89+0.084%$6.1M$18.8M200xas long as short
BingX BNB-USDT+0.0051%8h787.43+0.026%$22.3Mas long as short
MEXC BNB_USDT+0.0064%8h788.40+0.150%$81.1M$12.0M200xas long as short
Binance BNBUSDT+0.0065%8h787.82+0.076%$490.8M$816.6M75xas long as short
dYdX BNB-USD+0.0073%1h786.36−0.110%$159K$62K10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0078%8h787.82+0.076%$68.9M$51.0M50xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h787.67+0.057%$569K$1.9M50xas long as short
Lighter BNB+0.0096%1h787.52+0.038%$2.7M$3.8M20xas long as short
Nado BNB-PERPlong+0.0100%1h787.22long leg$1.4M$2.7M20x
Hyperliquid BNB+0.0100%1h787.75+0.067%$51.6M$17.7M10xas long as short
Pacifica BNB+0.0100%1h787.59+0.047%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h787.10−0.016%$138.5M$75.2M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h787.10−0.016%$53.5M$113.2M50xas long as short
Arcus BNB-USD+0.0100%1h787.80+0.073%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h787.25+0.003%$37.5M$59.1M75xas long as short
KuCoin BNBUSDTM+0.0100%8h787.15−0.009%$27.7M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h787.36+0.017%$76.2M$31.2M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h788.07+0.108%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h786.11−0.141%$4.0M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h786.82−0.051%$4.1M$76.1M30xas long as short
ApeX Omni BNBUSDTshort+0.0100%1h786.63−0.075%$158K$436K50x
Polymarket Perps BNB-USD+0.0100%1h787.32+0.012%$132K$951K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.27+0.006%$265K$470K50xas long as short
Derive BNB-PERP+0.0100%1h786.03−0.151%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h787.76+0.068%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h787.40+0.023%$387K$982K10xas long as short
HTX BNB-USDT+0.0100%8h787.73+0.065%$8.0M$10.2M75xas long as short
Paradex BNB-USD-PERP+0.0101%8h788.25+0.131%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h786.86−0.046%$1.8M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h787.28+0.007%$378K$110K10xas long as short
Phoenix BNB+0.0135%1h786.26−0.122%$169K$35K10xas long as short
Kalshi KXBNBPERP+0.0137%8h787.20−0.003%$170K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0185%8h787.15−0.009%$17.7M$2.2M75xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h787.64+0.053%$1.5M$145K25xas long as short
Kraken Futures PF_BNBUSD+0.0206%1h787.14−0.011%$2.5M$1.2M50xas long as short
GRVT BNB_USDT_Perp+0.0229%8h787.15−0.009%$2.9M$29.4M10xas long as short
01 Exchange BNBUSD+0.0256%1h788.00+0.099%$28K$4K10xas long as short
Bulk BNB-USD+0.0291%1h787.29+0.009%$638K$4K10xas long as short
Reya BNBRUSDPERP+0.0322%1h786.91−0.040%$6K$3K40xas long as short
RISEx BNB/USDC+0.0438%1h786.84−0.049%$1.1M$915K20xas long as short
Hibachi BNB/USDT-P+0.0528%1h786.61−0.078%$67K$39K12xas long as short