BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0331%/8h= +36.3% APRnext payment +$0.41 per $10,000 · paid last 24h +0.025%

Price spread now: RISEx against Nado+0.057%7-day average +0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$10as in the Price arb table

costs, in and out, $10k−$140.144% of the position

Long on Nado Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.100%+$10 on $10k

Price spread, last 7 days−0.046%−$5 · spread now +0.057%, 7d avg +0.011%

Together, before fees+0.054%+ Points / potential airdropNado: Active · farm board+$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and RISEx is 0.046% dearer against Nado than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.011%.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.100% in total (about 10.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.41 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado BNB-PERP	787.10	0.0100	pay 0.0012% / 1h	6m 33s	$1.5M	$2.6M	20x
Short	RISEx BNB/USDC	787.55	0.0431	get 0.0054% / 1h	6m 33s	$1.1M	$907K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.057%Rate

Funding earned: $69.58
Price spread: +0.057% → +0.011%: $4.62
Slippage, 4 orders: −$1.37
Fee Nado: 3.5 bp × 2 orders: −$7
Fee RISEx: 3 bp × 2 orders: −$6
Net: $59.83
Costs to cover: 0.144%
Break-even: 1.0 days

Slippage from Nado: live order book, 2 min ago; RISEx: live order book, 2 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, 2 min ago	0.06 bp	4.0 bp −$4	7.5 bp −$75	doesn't fit	doesn't fit
Sell RISEx live order book, 2 min ago	0.32 bp	3.3 bp −$3	7.4 bp −$74	doesn't fit	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 −0.0192% / S +0.0356%	1h	786.44	−0.084%	$46K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0124%	1h	786.80	−0.038%	$2.5M	$1.2M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	786.81	−0.037%	$4K	$42	25x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	787.00	−0.013%	$122K	$2.7M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	786.49	−0.077%	$848K	$3.1M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	786.52	−0.074%	$9.5M	—	150x	as long as short
Aster BNBUSDT	+0.0022%	8h	787.88	+0.099%	$6.1M	$19.1M	200x	as long as short
BingX BNB-USDT	+0.0033%	8h	787.39	+0.037%	—	$22.3M	—	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.286%	$19K	$789K	30x	as long as short
Phemex BNBUSDT	+0.0040%	8h	787.13	+0.004%	$68.8M	$50.7M	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BNB_USDT	+0.0041%	8h	788.30	+0.152%	$79.9M	$12.1M	200x	as long as short
Binance BNBUSDT	+0.0043%	8h	787.99	+0.113%	$490.5M	$804.1M	75x	as long as short
Coinbase International BNB-PERP-INTX	+0.0072%	1h	788.00	+0.114%	$579K	$1.9M	50x	as long as short
dYdX BNB-USD	+0.0076%	1h	787.22	+0.015%	$159K	$61K	10x	as long as short
Phoenix BNB	+0.0092%	1h	786.26	−0.107%	$169K	$35K	10x	as long as short
Lighter BNB	+0.0096%	1h	787.39	+0.037%	$2.7M	$3.9M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	786.76	−0.043%	$265K	$491K	50x	as long as short
Nado BNB-PERPlong	+0.0100%	1h	787.10	long leg	$1.5M	$2.6M	20x
Hyperliquid BNB	+0.0100%	1h	787.78	+0.087%	$51.7M	$17.5M	10x	as long as short
Pacifica BNB	+0.0100%	1h	787.60	+0.064%	$1.2M	$934K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	787.30	+0.025%	$138.3M	$74.1M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	787.30	+0.025%	$53.4M	$111.7M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	787.50	+0.051%	$52K	$133K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	787.15	+0.006%	$36.1M	$58.3M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	786.96	−0.018%	$27.6M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	787.01	−0.011%	$76.2M	$30.6M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	787.41	+0.039%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	787.00	−0.012%	$4.1M	$4.6M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	786.48	−0.079%	$4.1M	$74.3M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	786.20	−0.114%	$158K	$441K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	787.24	+0.018%	$132K	$956K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	786.83	−0.034%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	787.11	+0.001%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	786.80	−0.038%	$387K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	785.98	−0.142%	$8.1M	$9.7M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	787.52	+0.054%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	786.90	−0.025%	$1.8M	$6.3M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	786.77	−0.042%	$378K	$110K	10x	as long as short
BloFin BNB-USDT	+0.0161%	8h	787.40	+0.038%	$17.7M	$2.2M	75x	as long as short
GRVT BNB_USDT_Perp	+0.0179%	8h	786.55	−0.069%	$2.9M	$28.8M	10x	as long as short
Bulk BNB-USD	+0.0201%	1h	787.88	+0.099%	$639K	$10K	10x	as long as short
01 Exchange BNBUSD	+0.0240%	1h	788.02	+0.117%	$28K	$4K	10x	as long as short
Reya BNBRUSDPERP	+0.0324%	1h	787.09	−0.001%	$6K	$3K	40x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0400%	1h	787.22	+0.015%	$1.5M	$143K	25x	as long as short
RISEx BNB/USDCshort	+0.0431%	1h	787.55	+0.057%	$1.1M	$907K	20x
Hibachi BNB/USDT-P	+0.0432%	1h	786.01	−0.138%	$67K	$39K	12x	as long as short