Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: Nado against SoDEX−0.070%7-day average −0.047% · 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−$19as in the Price arb table
costs, in and out, $10k−$170.172% of the position
Funding, last 3 days (all we have)−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)+0.029%+$3 · spread now −0.070%, 7d avg −0.047%
=Together, before fees+0.016%+ Points / potential airdropNado: Active · farm board+$2 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: Nado is 0.023% cheaper against SoDEX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX BNB-USD | 785.20 | 0.0100 | pay 0.0013% / 1h | 4m 58s | $386K | $959K | 10x |
| Short | Nado BNB-PERP | 784.65 | 0.0100 | get 0.0012% / 1h | 4m 58s | $1.3M | $2.6M | 20x |
SoDEX BNB-USD
Nado BNB-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against SoDEX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.070% → −0.047%
- −$2.26
- Slippage, 4 orders
- −$2.18
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$19.44
- Costs to cover
- 0.172%
- Break-even
- never at this rate
Slippage from SoDEX: live order book, 44 min ago; Nado: live order book, 4 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 SoDEX live order book, 44 min ago | 0.63 bp | 4.6 bp −$5 | 8.4 bp −$84 | 75.2 bp −$7,525 | doesn't fit |
| Sell Nado live order book, 4 min ago | 0.13 bp | 3.9 bp −$4 | 8.0 bp −$80 | 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 −0.0168% / S +0.0337% | 1h | 784.93 | −0.034% | $43K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 785.40 | +0.025% | $4K | $42 | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0050% | 1h | 784.89 | −0.039% | $2.5M | $1.2M | 50x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 785.60 | +0.051% | $171K | $2.7M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 785.55 | +0.045% | $847K | $2.7M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 784.99 | −0.027% | $9.5M | — | 150x | as long as short |
| Aster BNBUSDT | +0.0032% | 8h | 785.50 | +0.039% | $6.0M | $18.6M | 200x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.533% | $19K | $789K | 30x | as long as short |
| BingX BNB-USDT | +0.0038% | 8h | 785.06 | −0.018% | — | $22.1M | — | as long as short |
| MEXC BNB_USDT | +0.0047% | 8h | 786.20 | +0.127% | $81.1M | $12.1M | 200x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
Kraken Futures PF_BNBUSD
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Aster BNBUSDT
Injective BNB/USDC PERP
BingX BNB-USDT
MEXC BNB_USDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNBUSDT | +0.0047% | 8h | 785.47 | +0.034% | $488.4M | $813.8M | 75x | as long as short |
| Phemex BNBUSDT | +0.0080% | 8h | 785.74 | +0.069% | $68.6M | $51.2M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 785.14 | −0.008% | $2.7M | $3.8M | 20x | as long as short |
| Phoenix BNB | +0.0100% | 1h | 785.57 | +0.047% | $158K | $35K | 10x | as long as short |
| Nado BNB-PERPshort | +0.0100% | 1h | 784.65 | −0.070% | $1.3M | $2.6M | 20x | |
| Hyperliquid BNB | +0.0100% | 1h | 785.60 | +0.051% | $51.5M | $17.6M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 785.11 | −0.011% | $1.2M | $937K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 784.80 | −0.051% | $138.1M | $73.7M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 784.90 | −0.038% | $53.4M | $111.6M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 785.10 | −0.013% | $52K | $125K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 784.95 | −0.032% | $38.5M | $58.8M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 784.69 | −0.065% | $27.6M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 784.67 | −0.067% | $75.3M | $32.5M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 785.38 | +0.023% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 784.74 | −0.058% | $4.0M | $4.7M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 785.11 | −0.011% | $4.1M | $76.6M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 785.13 | −0.009% | $158K | $439K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 784.91 | −0.037% | $131K | $942K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 785.09 | −0.014% | $264K | $385K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 784.73 | −0.060% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 785.40 | +0.025% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USDlong | +0.0100% | 1h | 785.20 | long leg | $386K | $959K | 10x | |
| HTX BNB-USDT | +0.0100% | 8h | 785.04 | −0.021% | $8.0M | $10.3M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 785.40 | +0.025% | $78K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 784.66 | −0.069% | $1.8M | $5.8M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 785.06 | −0.018% | $377K | $110K | 10x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0104% | 1h | 785.15 | −0.006% | $544K | $1.9M | 50x | as long as short |
| dYdX BNB-USD | +0.0127% | 1h | 784.99 | −0.027% | $159K | $62K | 10x | as long as short |
| BloFin BNB-USDT | +0.0167% | 8h | 785.47 | +0.034% | $17.7M | $2.2M | 75x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 785.49 | +0.037% | $1.5M | $141K | 25x | as long as short |
| GRVT BNB_USDT_Perp | +0.0215% | 8h | 785.41 | +0.027% | $2.9M | $27.7M | 10x | as long as short |
| Bulk BNB-USD | +0.0237% | 1h | 785.14 | −0.008% | $636K | $831 | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0248% | 1h | 785.71 | +0.065% | $28K | $4K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0320% | 1h | 784.78 | −0.054% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0350% | 1h | 785.39 | +0.024% | $1.1M | $921K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0448% | 1h | 785.23 | +0.004% | $67K | $39K | 12x | as long as short |
Binance BNBUSDT
Phemex BNBUSDT
Lighter BNB
Phoenix BNB
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Coinbase International BNB-PERP-INTX
dYdX BNB-USD
BloFin BNB-USDT
Deribit BNB_USDC-PERPETUAL
GRVT BNB_USDT_Perp
Bulk BNB-USD
01 Exchange BNBUSD
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P