BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0184%/8h= −20.1% APRnext payment −$0.23 per $10,000 · paid last 24h −0.055%

Price spread now: Hotstuff against Aevo+0.051%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on Hotstuff

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

The price spread pays, funding is against you. Hotstuff is 0.051% dearer against Aevo than usual: you sell high and buy low (spread +0.051% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 22 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo BNB-PERP	786.73	0.0104	pay 0.0013% / 1h	43m 13s	$378K	$110K	10x
Short	Hotstuff BNB-PERP	787.13	−0.0080	pay 0.0010% / 1h	43m 13s	$4K	$42	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Aevo. 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 AevobpFee HotstuffbpOrdersPrice spread, now +0.051%Rate

Funding earned: −$38.64
Price spread: +0.051% → 0.000%: $5.12
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$54.52
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Aevo: live order book, 1 min ago; Hotstuff: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aevo live order book, 1 min ago	3.18 bp	13.9 bp −$14	20.0 bp −$200	23.4 bp −$2,339	doesn't fit
Sell Hotstuff no order-book sample	—	—	—	—	—

Hotstuff: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX BNB/USD [WBTC.b-USDC]	L −0.0170% / S +0.0337%	1h	786.72	−0.001%	$43K	—	200x	as long as short
Hotstuff BNB-PERPshort	−0.0080%	1h	787.13	+0.051%	$4K	$42	25x
StandX BNB-USD	0.0000%	1h	787.59	+0.110%	$849K	$2.9M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	786.72	−0.001%	$9.5M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.334%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0049%	8h	787.18	+0.057%	$6.1M	$19.0M	200x	as long as short
BingX BNB-USDC	+0.0054%	8h	786.83	+0.013%	—	$13.4M	—	as long as short
MEXC BNB_USDT	+0.0066%	8h	787.90	+0.149%	$81.0M	$12.0M	200x	as long as short
Binance BNBUSDT	+0.0067%	8h	787.10	+0.047%	$490.3M	$816.7M	75x	as long as short
dYdX BNB-USD	+0.0068%	1h	786.47	−0.033%	$159K	$62K	10x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex BNBUSDT	+0.0076%	8h	787.24	+0.065%	$68.9M	$50.9M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0080%	1h	786.88	+0.019%	$568K	$1.9M	50x	as long as short
Lighter BNB	+0.0096%	1h	786.70	−0.004%	$2.7M	$3.8M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	786.50	−0.029%	$1.4M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	786.68	−0.006%	$1.2M	$933K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	786.41	−0.040%	$138.4M	$75.3M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	786.50	−0.029%	$53.5M	$113.1M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	787.00	+0.035%	$52K	$129K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	786.80	+0.009%	$37.2M	$58.9M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	786.53	−0.025%	$27.7M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	786.43	−0.038%	$76.1M	$31.1M	75x	as long as short
Variational Omni BNB	+0.0100%	8h	785.91	−0.104%	$4.0M	$4.8M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	786.84	+0.014%	$4.1M	$76.1M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	786.27	−0.058%	$158K	$437K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	786.64	−0.011%	$131K	$949K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	786.76	+0.004%	$265K	$470K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	786.95	+0.028%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	787.35	+0.079%	$13K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	786.80	+0.009%	$387K	$984K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	786.79	+0.008%	$8.0M	$10.2M	75x	as long as short
Paradex BNB-USD-PERP	+0.0101%	8h	786.99	+0.034%	$76K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	786.48	−0.032%	$1.8M	$6.1M	50x	as long as short
Aevo BNB-PERPlong	+0.0104%	1h	786.73	long leg	$378K	$110K	10x
Backpack BNB_USDC_PERP	+0.0116%	1h	786.92	+0.025%	$2.2M	$6.1M	40x	as long as short
Hyperliquid BNB	+0.0118%	1h	787.32	+0.075%	$51.5M	$17.7M	10x	as long as short
Phoenix BNB	+0.0135%	1h	786.68	−0.006%	$169K	$35K	10x	as long as short
Kalshi KXBNBPERP	+0.0140%	8h	787.10	+0.047%	$170K	$2.7M	4.8x	as long as short
BloFin BNB-USDT	+0.0187%	8h	787.15	+0.054%	$17.8M	$2.2M	75x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	787.14	+0.052%	$1.5M	$143K	25x	as long as short
Kraken Futures PF_BNBUSD	+0.0206%	1h	786.45	−0.035%	$2.5M	$1.2M	50x	as long as short
GRVT BNB_USDT_Perp	+0.0227%	8h	787.04	+0.040%	$2.9M	$29.5M	10x	as long as short
01 Exchange BNBUSD	+0.0264%	1h	787.34	+0.078%	$28K	$4K	10x	as long as short
Reya BNBRUSDPERP	+0.0322%	1h	786.51	−0.028%	$6K	$3K	40x	as long as short
Bulk BNB-USD	+0.0328%	1h	787.20	+0.060%	$638K	$4K	10x	as long as short
RISEx BNB/USDC	+0.0438%	1h	787.04	+0.040%	$1.1M	$914K	20x	as long as short
Hibachi BNB/USDT-P	+0.0552%	1h	787.00	+0.034%	$67K	$39K	12x	as long as short