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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0143%/8h= −15.7% APRpaid last 24h −0.056%
Price spread now: Hotstuff against Binance−0.005%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BNBUSDT792.460.0063pay 0.0063% / 8h6h 55m$492.4M$817.8M75x
ShortHotstuff BNB-PERP792.42−0.0080pay 0.0010% / 1h55m 39s$4K$23925x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against Binance. 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
−$30.03
Price spread: −0.005% → 0.000%
−$0.5
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$45.53
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 3 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 Binance live order book, 3 min ago0.06 bp5.2 bp −$57.0 bp −$7017.9 bp −$1,789doesn'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 −0.0159% / S +0.0335%1h791.96−0.063%$47K200xas long as short
Kraken Futures PF_BNBUSD−0.0132%1h791.92−0.068%$2.5M$1.0M50xas long as short
Hotstuff BNB-PERPshort−0.0080%1h792.42−0.005%$4K$23925x
Gate BNB_USDT−0.0026%8h791.80−0.083%$35.6M$54.8M75xas long as short
dYdX BNB-USD0.0000%1h791.77−0.087%$160K$63K10xas long as short
GRVT BNB_USDT_Perp0.0000%8h794.24+0.225%$3.0M$28.1M10xas long as short
StandX BNB-USD0.0000%1h794.95+0.314%$859K$3.0M30xas long as short
Variational Omni BNB+0.0006%8h791.53−0.118%$4.1M$5.1Mas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h791.98−0.060%$9.7M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.594%$19K$789K30xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0035%8h792.45−0.001%$6.1M$19.8M200xas long as short
Phemex BNBUSDT+0.0041%8h792.460.000%$69.2M$50.4M50xas long as short
BingX BNB-USDT+0.0045%8h792.13−0.042%$35.0Mas long as short
Bybit BNBUSDT+0.0045%8h791.51−0.120%$137.7M$77.0M75xas long as short
Coinbase International BNB-PERP-INTX+0.0056%1h791.91−0.069%$608K$1.1M50xas long as short
Binance BNBUSDTlong+0.0063%8h792.46long leg$492.4M$817.8M75x
MEXC BNB_USDT+0.0064%8h792.50+0.005%$82.2M$12.6M200xas long as short
Lighter BNB+0.0096%1h791.92−0.069%$2.8M$3.8M20xas long as short
Phoenix BNB+0.0099%1h794.51+0.259%$171K$36K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h791.92−0.068%$383K$468K50xas long as short
Nado BNB-PERP+0.0100%1h791.80−0.083%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h792.57+0.014%$52.5M$20.2M10xas long as short
Pacifica BNB+0.0100%1h791.99−0.059%$1.2M$932K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h791.60−0.109%$53.3M$110.5M50xas long as short
Arcus BNB-USD+0.0100%1h792.40−0.008%$52K$134K10xas long as short
KuCoin BNBUSDTM+0.0100%8h791.55−0.115%$27.7M$10.0M75xas long as short
Bitget BNBUSDT+0.0100%8h791.71−0.095%$77.5M$28.1M75xas long as short
edgeX BNBUSDC+0.0100%4h794.42+0.247%$4.1M$76.1M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h794.47+0.254%$160K$435K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h791.95−0.064%$112K$889K10xas long as short
Derive BNB-PERP+0.0100%1h792.09−0.047%$32K$9K10xas long as short
SunX BNB-USDT+0.0100%8h792.77+0.039%$13K$1.6M50xas long as short
SoDEX BNB-USD+0.0100%1h792.20−0.033%$390K$995K10xas long as short
HTX BNB-USDT+0.0100%8h791.98−0.060%$8.1M$8.5M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h792.51+0.006%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h791.67−0.100%$1.7M$6.0M50xas long as short
Aevo BNB-PERP+0.0104%1h792.16−0.038%$381K$110K10xas long as short
RISEx BNB/USDC+0.0131%1h792.16−0.037%$1.1M$1.4M20xas long as short
Bulk BNB-USD+0.0139%1h794.97+0.317%$646K$10K10xas long as short
Kalshi KXBNBPERP+0.0163%8h792.70+0.030%$95K$2.8M4.8xas long as short
BloFin BNB-USDT+0.0184%8h794.15+0.213%$18.1M$2.5M75xas long as short
01 Exchange BNBUSD+0.0208%1h792.42−0.005%$28K$1K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h792.41−0.006%$1.6M$161K25xas long as short
Reya BNBRUSDPERP+0.0329%1h791.71−0.095%$6K$3K40xas long as short
Hibachi BNB/USDT-P+0.0424%1h793.93+0.185%$68K$38K12xas long as short
Backpack BNB_USDC_PERP+0.0470%1h792.90+0.056%$2.7M$5.7M40xas long as short