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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: HTX against Nado+0.099%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$270.273% 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)−0.125%−$13 · spread now +0.099%, 7d avg +0.017%
Together, before fees−0.122%+ Points / potential airdropNado: Active · farm board−$12 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: HTX is 0.082% dearer against Nado than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.017%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado BNB-PERP790.100.0100pay 0.0012% / 1h40m 12s$1.4M$2.7M20x
ShortHTX BNB-USDT790.880.0100get 0.0100% / 8h6h 40m$8.1M$8.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: +0.099% → +0.017%
$8.17
Slippage, 4 orders
−$8.33
Fee Nado: 3.5 bp × 2 orders
−$7
Fee HTX: 6 bp × 2 orders
−$12
Net
−$19.16
Costs to cover
0.273%
Break-even
1968628478770417.8 days
Slippage from Nado: live order book, 4 min ago; HTX: live order book, 4 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, 4 min ago0.06 bp3.6 bp −$48.5 bp −$85doesn't fitdoesn't fit
Sell HTX live order book, 4 min ago3.91 bp10.0 bp −$1014.4 bp −$14445.5 bp −$4,547doesn'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 −0.0167% / S +0.0335%1h790.09−0.001%$46K200xas long as short
Kraken Futures PF_BNBUSD−0.0132%1h791.28+0.149%$2.5M$1.0M50xas long as short
Hotstuff BNB-PERP−0.0080%1h790.94+0.106%$4K$23925xas long as short
Gate BNB_USDT−0.0021%8h790.100.000%$35.2M$55.6M75xas long as short
StandX BNB-USD0.0000%1h792.76+0.337%$857K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h790.11+0.001%$9.6M150xas long as short
GRVT BNB_USDT_Perp+0.0011%8h793.23+0.396%$3.0M$28.4M10xas long as short
Variational Omni BNB+0.0016%8h791.83+0.219%$4.1M$5.0Mas long as short
Aster BNBUSDT+0.0030%8h790.67+0.072%$6.1M$19.9M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.897%$19K$789K30xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX BNB-USD+0.0041%1h790.38+0.036%$160K$63K10xas long as short
BingX BNB-USDT+0.0049%8h790.31+0.027%$35.0Mas long as short
Coinbase International BNB-PERP-INTX+0.0056%1h790.39+0.037%$607K$1.1M50xas long as short
MEXC BNB_USDT+0.0060%8h791.30+0.152%$82.0M$12.7M200xas long as short
Binance BNBUSDT+0.0061%8h791.69+0.201%$492.2M$817.3M75xas long as short
Phemex BNBUSDT+0.0084%8h791.35+0.158%$69.2M$50.4M50xas long as short
Phoenix BNB+0.0088%1h793.58+0.440%$171K$36K10xas long as short
Lighter BNB+0.0096%1h791.34+0.157%$2.8M$4.0M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h790.44+0.043%$382K$409K50xas long as short
Nado BNB-PERPlong+0.0100%1h790.10long leg$1.4M$2.7M20x
Pacifica BNB+0.0100%1h790.70+0.076%$1.2M$932K20xas long as short
Bybit BNBUSDT+0.0100%8h791.00+0.114%$137.9M$77.4M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h790.70+0.076%$53.0M$111.1M50xas long as short
Arcus BNB-USD+0.0100%1h790.80+0.089%$52K$134K10xas long as short
KuCoin BNBUSDTM+0.0100%8h790.86+0.096%$27.6M$10.0M75xas long as short
Bitget BNBUSDT+0.0100%8h790.53+0.054%$77.0M$28.4M75xas long as short
edgeX BNBUSDC+0.0100%4h793.83+0.472%$4.1M$76.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h794.01+0.495%$160K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h790.02−0.010%$110K$889K10xas long as short
Derive BNB-PERP+0.0100%1h790.76+0.084%$31K$9K10xas long as short
SunX BNB-USDT+0.0100%8h790.60+0.063%$12K$1.6M50xas long as short
SoDEX BNB-USD+0.0100%1h791.00+0.114%$389K$995K10xas long as short
HTX BNB-USDTshort+0.0100%8h790.88+0.099%$8.1M$8.7M75x
Paradex BNB-USD-PERP+0.0100%8h790.68+0.074%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h790.41+0.040%$1.7M$6.0M50xas long as short
Aevo BNB-PERP+0.0104%1h790.69+0.074%$380K$110K10xas long as short
Hyperliquid BNB+0.0116%1h790.67+0.072%$52.0M$20.3M10xas long as short
RISEx BNB/USDC+0.0131%1h790.57+0.059%$1.1M$1.3M20xas long as short
Kalshi KXBNBPERP+0.0163%8h791.40+0.165%$111K$2.8M4.8xas long as short
Bulk BNB-USD+0.0167%1h793.21+0.394%$644K$10K10xas long as short
BloFin BNB-USDT+0.0182%8h794.06+0.501%$18.1M$2.5M75xas long as short
01 Exchange BNBUSD+0.0240%1h791.02+0.116%$28K$2K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h791.19+0.137%$1.5M$161K25xas long as short
Reya BNBRUSDPERP+0.0329%1h789.76−0.043%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0385%1h792.60+0.316%$2.7M$5.7M40xas long as short
Hibachi BNB/USDT-P+0.0504%1h792.38+0.288%$68K$38K12xas long as short