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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: edgeX against Nado+0.190%62s7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$210.206% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.004%$0 on $10k
Price spread, last 7 days−0.092%−$9 · spread now +0.190%, 7d avg +0.060%
Together, before fees−0.088%+ Points / potential airdropNado: Active · edgeX: Active · farm board−$9 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: edgeX is 0.130% dearer against Nado than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.060%. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado BNB-PERP785.850.0100pay 0.0012% / 1h42m 39s$1.3M$2.6M20x
ShortedgeX BNBUSDC787.340.0100get 0.0050% / 4h3h 42m$4.1M$76.9M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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: +0.190% → +0.060%
$12.99
Slippage, 4 orders
−$4.6
Fee Nado: 3.5 bp × 2 orders
−$7
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$7.61
Costs to cover
0.206%
Break-even
781670990352116.6 days
Slippage from Nado: live order book, 1 min ago; edgeX: live order book, 1 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, 1 min ago0.06 bp3.8 bp −$49.8 bp −$98doesn't fitdoesn't fit
Sell edgeX live order book, 1 min ago1.91 bp6.4 bp −$66.4 bp −$649.9 bp −$993doesn'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 −0.0168% / S +0.0337%1h785.98+0.017%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h787.29+0.183%$4K25xas long as short
Kraken Futures PF_BNBUSD−0.0021%1h786.04+0.025%$2.5M$1.2M50xas long as short
GRVT BNB_USDT_Perp0.0000%8h787.44+0.202%$3.0M$27.6M10xas long as short
StandX BNB-USD0.0000%1h787.05+0.153%$849K$2.7M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h786.08+0.029%$9.5M150xas long as short
Aster BNBUSDT+0.0025%8h786.69+0.106%$6.0M$18.5M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.448%$19K$789K30xas long as short
BingX BNB-USDC+0.0036%8h786.13+0.036%$13.4Mas long as short
Binance BNBUSDT+0.0041%8h786.68+0.106%$489.5M$812.4M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BNB_USDT+0.0042%8h787.70+0.235%$82.5M$12.2M200xas long as short
Lighter BNB+0.0096%1h786.18+0.042%$2.7M$3.6M20xas long as short
Nado BNB-PERPlong+0.0100%1h785.85long leg$1.3M$2.6M20x
Hyperliquid BNB+0.0100%1h786.58+0.093%$51.6M$17.6M10xas long as short
Pacifica BNB+0.0100%1h786.26+0.052%$1.2M$937K20xas long as short
Bybit BNBUSDT+0.0100%8h786.07+0.028%$138.4M$73.3M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h786.10+0.032%$53.5M$111.2M50xas long as short
Arcus BNB-USD+0.0100%1h786.30+0.057%$52K$125K10xas long as short
Gate BNB_USDT+0.0100%8h786.15+0.038%$39.2M$55.5M75xas long as short
KuCoin BNBUSDTM+0.0100%8h785.69−0.020%$27.7M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h785.74−0.014%$75.4M$32.5M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h786.59+0.094%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h786.82+0.123%$4.3M$4.9Mas long as short
edgeX BNBUSDCshort+0.0100%4h787.34+0.190%$4.1M$76.9M30x
ApeX Omni BNBUSDT+0.0100%1h787.16+0.167%$158K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h786.38+0.067%$131K$942K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h786.03+0.023%$264K$358K50xas long as short
Derive BNB-PERP+0.0100%1h786.51+0.084%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h786.55+0.089%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h786.10+0.032%$386K$947K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h786.38+0.067%$1.5M$141K25xas long as short
HTX BNB-USDT+0.0100%8h786.29+0.056%$8.0M$10.4M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h786.58+0.093%$78K$17K50xas long as short
Extended BNB-USD+0.0104%1h785.75−0.013%$1.8M$5.8M50xas long as short
Aevo BNB-PERP+0.0104%1h785.94+0.011%$378K$110K10xas long as short
dYdX BNB-USD+0.0106%1h786.39+0.069%$157K$64K10xas long as short
Kalshi KXBNBPERP+0.0113%8h786.80+0.121%$171K$2.6M4.8xas long as short
Coinbase International BNB-PERP-INTX+0.0120%1h786.59+0.094%$548K$1.9M50xas long as short
Phoenix BNB+0.0120%1h787.48+0.207%$158K$38K10xas long as short
Phemex BNBUSDT+0.0127%8h786.69+0.107%$68.6M$51.1M50xas long as short
BloFin BNB-USDT+0.0163%8h786.56+0.090%$17.7M$2.2M75xas long as short
Bulk BNB-USD+0.0215%1h787.68+0.233%$638K$83110xas long as short
01 Exchange BNBUSD+0.0240%1h786.77+0.117%$28K$3K10xas long as short
Reya BNBRUSDPERP+0.0319%1h785.71−0.018%$6K$3K40xas long as short
RISEx BNB/USDC+0.0355%1h786.38+0.068%$1.1M$911K20xas long as short
Hibachi BNB/USDT-P+0.0416%1h786.70+0.109%$67K$39K12xas long as short