BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%

Price spread now: Extended against Nado−0.037%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−$14as in the Price arb table

costs, in and out, $10k−$150.146% of the position

Long on Nado Short on Extended

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.014%−$1 on $10k

Price spread, last 7 days+0.020%+$2 · spread now −0.037%, 7d avg −0.045%

Together, before fees+0.006%+ Points / potential airdropNado: Active · Extended: Active · farm board+$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado BNB-PERP	791.95	0.0100	pay 0.0012% / 1h	42m 33s	$1.4M	$2.7M	20x
Short	Extended BNB-USD	791.66	0.0104	get 0.0013% / 1h	42m 33s	$1.7M	$6.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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

Position, each leg$Hold fordaysFee NadobpFee ExtendedbpOrdersPrice spread, now −0.037%Rate

Funding earned: $0.84
Price spread: −0.037% → −0.045%: $0.84
Slippage, 4 orders: −$2.61
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$12.93
Costs to cover: 0.146%
Break-even: 114.7 days

Slippage from Nado: live order book, 1 min ago; Extended: live order book, 1 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, 1 min ago	0.06 bp	3.6 bp −$4	8.5 bp −$85	doesn't fit	doesn't fit
Sell Extended live order book, 1 min ago	0.50 bp	4.0 bp −$4	5.1 bp −$51	21.6 bp −$2,162	doesn't fit

BNB on 46 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
GMX BNB/USD [WBTC.b-USDC]	L −0.0167% / S +0.0335%	1h	793.27	+0.167%	$46K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0132%	1h	793.02	+0.135%	$2.5M	$1.0M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	792.38	+0.054%	$4K	$239	25x	as long as short
Gate BNB_USDT	−0.0003%	8h	791.85	−0.013%	$35.3M	$55.4M	75x	as long as short
StandX BNB-USD	0.0000%	1h	794.21	+0.285%	$859K	$3.1M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	793.25	+0.164%	$9.7M	—	150x	as long as short
Variational Omni BNB	+0.0010%	8h	792.53	+0.073%	$4.1M	$5.0M	—	as long as short
GRVT BNB_USDT_Perp	+0.0011%	8h	793.23	+0.162%	$3.0M	$28.4M	10x	as long as short
Phemex BNBUSDT	+0.0018%	8h	793.54	+0.201%	$69.3M	$50.3M	50x	as long as short
Aster BNBUSDT	+0.0033%	8h	792.58	+0.080%	$6.1M	$19.9M	200x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.659%	$19K	$789K	30x	as long as short
dYdX BNB-USD	+0.0038%	1h	792.48	+0.067%	$160K	$63K	10x	as long as short
BingX BNB-USDT	+0.0050%	8h	792.18	+0.029%	—	$35.0M	—	as long as short
Coinbase International BNB-PERP-INTX	+0.0056%	1h	792.52	+0.072%	$608K	$1.1M	50x	as long as short
MEXC BNB_USDT	+0.0061%	8h	792.80	+0.107%	$82.2M	$12.7M	200x	as long as short
Binance BNBUSDT	+0.0061%	8h	792.52	+0.072%	$492.7M	$816.0M	75x	as long as short
Phoenix BNB	+0.0088%	1h	793.02	+0.135%	$170K	$36K	10x	as long as short
Lighter BNB	+0.0096%	1h	792.22	+0.035%	$2.8M	$3.9M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	793.06	+0.140%	$383K	$409K	50x	as long as short
Nado BNB-PERPlong	+0.0100%	1h	791.95	long leg	$1.4M	$2.7M	20x
Pacifica BNB	+0.0100%	1h	792.35	+0.050%	$1.2M	$932K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	791.94	−0.001%	$138.0M	$77.2M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	791.90	−0.006%	$53.1M	$111.0M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	792.30	+0.044%	$52K	$134K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	791.85	−0.013%	$27.7M	$10.0M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	791.81	−0.018%	$77.3M	$28.3M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	793.14	+0.150%	$4.1M	$76.9M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	793.32	+0.173%	$160K	$435K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	793.25	+0.164%	$111K	$889K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	793.23	+0.162%	$32K	$9K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	794.07	+0.267%	$13K	$1.6M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	793.20	+0.158%	$390K	$995K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	793.04	+0.137%	$8.1M	$8.7M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	792.50	+0.069%	$77K	$17K	50x	as long as short
Extended BNB-USDshort	+0.0104%	1h	791.66	−0.037%	$1.7M	$6.0M	50x
Aevo BNB-PERP	+0.0104%	1h	793.15	+0.151%	$381K	$110K	10x	as long as short
Hyperliquid BNB	+0.0119%	1h	792.71	+0.096%	$52.5M	$19.9M	10x	as long as short
RISEx BNB/USDC	+0.0131%	1h	792.20	+0.032%	$1.1M	$1.4M	20x	as long as short
Kalshi KXBNBPERP	+0.0160%	8h	793.80	+0.234%	$111K	$2.8M	4.8x	as long as short
Bulk BNB-USD	+0.0167%	1h	793.21	+0.159%	$644K	$10K	10x	as long as short
BloFin BNB-USDT	+0.0182%	8h	794.06	+0.266%	$18.1M	$2.5M	75x	as long as short
01 Exchange BNBUSD	+0.0240%	1h	792.58	+0.080%	$28K	$2K	10x	as long as short
Reya BNBRUSDPERP	+0.0329%	1h	793.06	+0.140%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0386%	1h	793.52	+0.198%	$2.7M	$5.7M	40x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0400%	1h	793.58	+0.206%	$1.6M	$161K	25x	as long as short
Hibachi BNB/USDT-P	+0.0480%	1h	792.90	+0.120%	$68K	$38K	12x	as long as short