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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0180%/8h= −19.7% APRnext payment $0.23 per $10,000 · paid last 24h −0.054%
Price spread now: Hotstuff against ApeX Omni−0.095%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Hotstuff is 0.095% cheaper against ApeX Omni than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni BNBUSDT800.530.0100pay 0.0013% / 1h29m 28s$161K$441K50x
ShortHotstuff BNB-PERP799.77−0.0080pay 0.0010% / 1h29m 28s$4K$1K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against ApeX Omni. 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
−$37.8
Price spread: −0.095% → 0.000%
−$9.49
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$62.29
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 48 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
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 48 min ago4.55 bp9.6 bp −$1038.4 bp −$384doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0201% / S +0.0372%1h799.59−0.118%$47K200xas long as short
Hotstuff BNB-PERPshort−0.0080%1h799.77−0.095%$4K$1K25x
Kraken Futures PF_BNBUSD−0.0074%1h799.30−0.153%$2.5M$972K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h800.28−0.031%$3.0M$28.0M10xas long as short
StandX BNB-USD0.0000%1h800.20−0.041%$865K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h799.57−0.120%$9.7M150xas long as short
Variational Omni BNB+0.0017%8h799.36−0.146%$4.1M$5.4Mas long as short
BingX BNB-USDT+0.0041%8h799.44−0.136%$34.8Mas long as short
Bybit BNBUSDT+0.0048%8h799.00−0.191%$138.6M$77.0M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h799.89−0.080%$606K$992K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0092%8h799.99−0.068%$6.3M$18.9M200xas long as short
Lighter BNB+0.0096%1h799.70−0.103%$2.8M$4.1M20xas long as short
Nado BNB-PERP+0.0100%1h799.07−0.183%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h799.57−0.120%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h799.10−0.179%$54.4M$112.9M50xas long as short
Arcus BNB-USD+0.0100%1h799.70−0.104%$53K$133K10xas long as short
Gate BNB_USDT+0.0100%8h799.25−0.160%$35.8M$58.0M75xas long as short
KuCoin BNBUSDTM+0.0100%8h799.24−0.161%$28.0M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h799.16−0.171%$79.2M$27.4M75xas long as short
edgeX BNBUSDC+0.0100%4h800.41−0.014%$4.2M$76.8M30xas long as short
ApeX Omni BNBUSDTlong+0.0100%1h800.53long leg$161K$441K50x
Polymarket Perps BNB-USD+0.0100%1h799.25−0.160%$116K$875K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h799.49−0.130%$386K$497K50xas long as short
Derive BNB-PERP+0.0100%1h799.76−0.096%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h799.88−0.082%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h799.70−0.104%$393K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h799.50−0.128%$8.2M$8.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h800.01−0.066%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h798.92−0.201%$1.8M$6.5M50xas long as short
Aevo BNB-PERP+0.0104%1h799.73−0.100%$384K$40K10xas long as short
Phemex BNBUSDT+0.0112%8h800.01−0.065%$69.9M$50.6M50xas long as short
Binance BNBUSDT+0.0114%8h799.97−0.070%$499.5M$815.6M75xas long as short
MEXC BNB_USDT+0.0115%8h800.40−0.016%$83.1M$13.5M200xas long as short
Kalshi KXBNBPERP+0.0120%8h800.40−0.016%$110K$2.9M4.8xas long as short
Phoenix BNB+0.0127%1h800.12−0.051%$172K$36K10xas long as short
Hyperliquid BNB+0.0183%1h800.12−0.051%$51.8M$21.1M10xas long as short
Hibachi BNB/USDT-P+0.0184%1h799.67−0.107%$70K$44K12xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h799.98−0.069%$1.6M$165K25xas long as short
BloFin BNB-USDT+0.0236%8h800.28−0.031%$18.2M$2.5M75xas long as short
Bulk BNB-USD+0.0239%1h800.03−0.062%$650K$19K10xas long as short
RISEx BNB/USDC+0.0258%1h799.52−0.126%$1.1M$1.4M20xas long as short
01 Exchange BNBUSD+0.0304%1h800.03−0.062%$28K$1K10xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.570%$19K$789K30xas long as short
Reya BNBRUSDPERP+0.0331%1h798.95−0.197%$6K$3K40xas long as short
dYdX BNB-USD+0.0389%1h799.32−0.151%$161K$62K10xas long as short
Backpack BNB_USDC_PERP+0.0408%1h800.25−0.035%$2.7M$5.7M40xas long as short