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 07:00 UTC+0.0420%/8h= +46.0% APRnext payment +$0.53 per $10,000 · paid last 24h +0.075%
Price spread now: Hibachi against Nado−0.066%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Long on NadoShort on Hibachi
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 · Hibachi: Active · farm boardneeds both histories
Funding pays, the price is against you. Hibachi is 0.066% cheaper against Nado than usual: you would sell low and buy high (spread −0.066% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 13 hours of funding at the current rate (+$13 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado BNB-PERP787.730.0100pay 0.0012% / 1h26m 25s$1.4M$2.7M20x
ShortHibachi BNB/USDT-P787.210.0520get 0.0065% / 1h26m 25s$67K$39K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi 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
$88.2
Price spread: −0.066% → 0.000%
−$6.65
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
$65.55
Costs to cover
0.160%
Break-even
1.8 days
Slippage unknown: Nado: live order book, 2 min ago; Hibachi: no order-book sample. 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 Nado live order book, 2 min ago0.06 bp4.4 bp −$411.3 bp −$113doesn't fitdoesn't fit
Sell Hibachi no order-book sample—————
Hibachi: 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]L −0.0170% / S +0.0337%1h787.63−0.012%$43K—200xas long as short
Hotstuff BNB-PERP−0.0080%1h787.93+0.025%$4K$4225xas long as short
StandX BNB-USD0.0000%1h788.35+0.078%$850K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h787.94+0.026%$9.5M—150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.203%$19K$789K30xas long as short
BingX BNB-USDT+0.0051%8h788.19+0.058%—$22.3M—as long as short
Aster BNBUSDT+0.0052%8h788.57+0.106%$6.1M$18.8M200xas long as short
MEXC BNB_USDT+0.0064%8h789.20+0.186%$81.2M$12.1M200xas long as short
Binance BNBUSDT+0.0065%8h788.55+0.104%$491.1M$817.4M75xas long as short
dYdX BNB-USD+0.0072%1h788.07+0.042%$160K$62K10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0075%8h788.19+0.058%$68.9M$51.0M50xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h787.30−0.055%$568K$1.9M50xas long as short
Lighter BNB+0.0096%1h787.91+0.022%$2.7M$3.8M20xas long as short
Nado BNB-PERPlong+0.0100%1h787.73long leg$1.4M$2.7M20x
Hyperliquid BNB+0.0100%1h788.69+0.122%$51.6M$17.7M10xas long as short
Pacifica BNB+0.0100%1h787.97+0.030%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h787.91+0.023%$138.7M$75.1M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h788.00+0.034%$53.6M$113.4M50xas long as short
Arcus BNB-USD+0.0100%1h788.20+0.059%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h787.80+0.009%$37.5M$59.2M75xas long as short
KuCoin BNBUSDTM+0.0100%8h787.81+0.010%$27.7M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h787.83+0.012%$76.3M$31.2M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h788.03+0.038%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h786.11−0.206%$4.0M$4.8M—as long as short
edgeX BNBUSDC+0.0100%4h787.78+0.006%$4.1M$76.1M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h788.02+0.036%$159K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h788.02+0.036%$132K$951K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.63−0.013%$265K$470K50xas long as short
Derive BNB-PERP+0.0100%1h786.03−0.216%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h788.10+0.047%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h787.70−0.004%$387K$982K10xas long as short
HTX BNB-USDT+0.0100%8h787.47−0.034%$8.0M$10.2M75xas long as short
Paradex BNB-USD-PERP+0.0101%8h788.44+0.090%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h787.81+0.010%$1.8M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h787.62−0.014%$378K$110K10xas long as short
Phoenix BNB+0.0135%1h787.67−0.008%$169K$35K10xas long as short
Kalshi KXBNBPERP+0.0138%8h787.80+0.009%$170K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0185%8h788.11+0.048%$17.7M$2.2M75xas long as short
Kraken Futures PF_BNBUSD+0.0205%1h787.39−0.044%$2.5M$1.2M50xas long as short
GRVT BNB_USDT_Perp+0.0229%8h787.15−0.074%$2.9M$29.4M10xas long as short
01 Exchange BNBUSD+0.0248%1h788.82+0.138%$28K$4K10xas long as short
Bulk BNB-USD+0.0291%1h787.29−0.056%$638K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h788.07+0.042%$1.5M$145K25xas long as short
Reya BNBRUSDPERP+0.0322%1h787.81+0.009%$6K$3K40xas long as short
RISEx BNB/USDC+0.0438%1h788.27+0.069%$1.1M$915K20xas long as short
Hibachi BNB/USDT-Pshort+0.0520%1h787.21−0.066%$67K$39K12x