BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0152%/8h= −16.6% APRnext payment −$0.19 per $10,000 · paid last 24h −0.052%

Price spread now: Hotstuff against Coinbase International+0.170%7-day average — · you sell dearer than you buy

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

Long on Coinbase International Short on Hotstuff

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 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 0.170% dearer against Coinbase International than usual: you sell high and buy low (spread +0.170% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 3.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International BNB-PERP-INTX	800.72	0.0072	pay 0.0009% / 1h	58m 27s	$607K	$998K	50x
Short	Hotstuff BNB-PERP	802.08	−0.0080	pay 0.0010% / 1h	58m 27s	$4K	$1K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Coinbase International. 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 Coinbase InternationalbpFee HotstuffbpOrdersPrice spread, now +0.170%Rate

Funding earned: −$31.92
Price spread: +0.170% → 0.000%: $16.98
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$29.94
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Coinbase International: live order book, 20 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 Coinbase International live order book, 20 min ago	3.62 bp	9.0 bp −$9	13.2 bp −$132	doesn't fit	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 −0.0201% / S +0.0372%	1h	800.94	+0.027%	$48K	—	200x	as long as short
Hotstuff BNB-PERPshort	−0.0080%	1h	802.08	+0.170%	$4K	$1K	25x
Kraken Futures PF_BNBUSD	−0.0074%	1h	801.15	+0.054%	$2.6M	$969K	50x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	800.99	+0.034%	$3.0M	$28.4M	10x	as long as short
StandX BNB-USD	0.0000%	1h	802.01	+0.161%	$867K	$2.9M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	800.92	+0.025%	$9.8M	—	150x	as long as short
Variational Omni BNB	+0.0031%	8h	800.04	−0.085%	$4.2M	$5.4M	—	as long as short
BingX BNB-USDT	+0.0052%	8h	802.15	+0.179%	—	$34.8M	—	as long as short
Bybit BNBUSDT	+0.0066%	8h	801.81	+0.136%	$139.4M	$78.6M	75x	as long as short
Coinbase International BNB-PERP-INTXlong	+0.0072%	1h	800.72	long leg	$607K	$998K	50x

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter BNB	+0.0096%	1h	802.05	+0.166%	$2.8M	$4.1M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	801.96	+0.155%	$1.4M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	802.00	+0.160%	$1.2M	$926K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	802.10	+0.172%	$54.8M	$113.8M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	802.50	+0.222%	$53K	$134K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	801.50	+0.097%	$35.8M	$57.3M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	801.72	+0.125%	$28.0M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	801.91	+0.149%	$79.8M	$27.3M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	800.55	−0.021%	$4.2M	$77.7M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	800.56	−0.020%	$161K	$442K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	802.24	+0.190%	$119K	$874K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	800.99	+0.034%	$387K	$489K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	801.18	+0.058%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	801.40	+0.085%	$13K	$1.7M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	800.97	+0.031%	$8.2M	$7.9M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	802.56	+0.230%	$78K	$19K	50x	as long as short
Aster BNBUSDT	+0.0100%	8h	802.62	+0.237%	$6.4M	$18.9M	200x	as long as short
Extended BNB-USD	+0.0104%	1h	801.64	+0.115%	$1.9M	$6.3M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	801.34	+0.077%	$385K	$40K	10x	as long as short
Phemex BNBUSDT	+0.0114%	8h	801.43	+0.089%	$70.1M	$51.0M	50x	as long as short
Kalshi KXBNBPERP	+0.0117%	8h	801.10	+0.047%	$109K	$2.9M	4.8x	as long as short
MEXC BNB_USDT	+0.0120%	8h	802.70	+0.247%	$83.4M	$13.5M	200x	as long as short
Binance BNBUSDT	+0.0121%	8h	802.84	+0.265%	$502.4M	$818.9M	75x	as long as short
Phoenix BNB	+0.0155%	1h	800.77	+0.006%	$172K	$34K	10x	as long as short
BloFin BNB-USDT	+0.0241%	8h	801.83	+0.139%	$18.2M	$2.5M	75x	as long as short
SoDEX BNB-USD	+0.0247%	1h	801.30	+0.072%	$394K	$1.0M	10x	as long as short
Hibachi BNB/USDT-P	+0.0248%	1h	801.14	+0.052%	$71K	$48K	12x	as long as short
RISEx BNB/USDC	+0.0258%	1h	802.33	+0.201%	$1.1M	$1.4M	20x	as long as short
Bulk BNB-USD	+0.0289%	1h	801.15	+0.054%	$651K	$20K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	801.56	+0.105%	$1.6M	$165K	25x	as long as short
Injective BNB/USDC PERP	+0.0306%	1h	805.09	+0.546%	$19K	$789K	30x	as long as short
Reya BNBRUSDPERP	+0.0332%	1h	801.83	+0.138%	$6K	$3K	40x	as long as short
Hyperliquid BNB	+0.0366%	1h	803.02	+0.287%	$52.0M	$21.6M	10x	as long as short
Backpack BNB_USDC_PERP	+0.0412%	1h	802.31	+0.199%	$2.7M	$5.7M	40x	as long as short
01 Exchange BNBUSD	+0.0432%	1h	803.13	+0.301%	$28K	$1K	10x	as long as short
dYdX BNB-USD	+0.0465%	1h	801.56	+0.104%	$162K	$62K	10x	as long as short