BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0624%/8h= −68.3% APRnext payment −$0.78 per $10,000 · paid last 24h −0.129%

Price spread now: Hotstuff against Hibachi+0.011%7-day average — · you sell dearer than you buy

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

Long on Hibachi 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 airdropHibachi: Active · Hotstuff: 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: −$19 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hibachi BNB/USDT-P	786.36	0.0544	pay 0.0068% / 1h	35m 49s	$67K	$39K	12x
Short	Hotstuff BNB-PERP	786.45	−0.0080	pay 0.0010% / 1h	35m 49s	$4K	$42	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Hibachi. 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 HibachibpFee HotstuffbpOrdersPrice spread, now +0.011%Rate

Funding earned: −$131.04
Price spread: +0.011% → 0.000%: $1.12
Slippage, 4 orders: no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders: −$9
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$143.92
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Hibachi: no order-book sample; 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 Hibachi no order-book sample	—	—	—	—	—
Sell Hotstuff no order-book sample	—	—	—	—	—

Hibachi and 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	785.69	−0.085%	$43K	—	200x	as long as short
Hotstuff BNB-PERPshort	−0.0080%	1h	786.45	+0.011%	$4K	$42	25x
StandX BNB-USD	0.0000%	1h	786.90	+0.068%	$849K	$2.8M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	785.72	−0.082%	$9.5M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.382%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0049%	8h	786.33	−0.004%	$6.0M	$18.9M	200x	as long as short
BingX BNB-USDC	+0.0053%	8h	785.85	−0.065%	—	$13.4M	—	as long as short
MEXC BNB_USDT	+0.0064%	8h	787.00	+0.081%	$81.0M	$12.0M	200x	as long as short
Binance BNBUSDT	+0.0064%	8h	786.50	+0.017%	$490.0M	$815.1M	75x	as long as short
dYdX BNB-USD	+0.0066%	1h	785.68	−0.087%	$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	786.33	−0.004%	$68.8M	$51.0M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0080%	1h	786.88	+0.066%	$568K	$1.9M	50x	as long as short
Lighter BNB	+0.0096%	1h	785.93	−0.055%	$2.7M	$3.8M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	785.75	−0.078%	$1.4M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	786.39	+0.004%	$51.5M	$17.6M	10x	as long as short
Pacifica BNB	+0.0100%	1h	786.13	−0.030%	$1.2M	$933K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	785.80	−0.071%	$138.3M	$75.2M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	785.90	−0.059%	$53.4M	$113.0M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	786.10	−0.033%	$52K	$129K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	786.00	−0.046%	$37.3M	$58.9M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	785.52	−0.107%	$27.6M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	785.84	−0.066%	$76.1M	$31.1M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	786.25	−0.014%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	785.51	−0.108%	$4.0M	$4.8M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	786.30	−0.008%	$4.1M	$75.9M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	786.60	+0.030%	$158K	$437K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	785.68	−0.087%	$131K	$949K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	785.81	−0.070%	$264K	$470K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	786.03	−0.042%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	786.42	+0.007%	$13K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	785.90	−0.059%	$386K	$983K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	785.79	−0.073%	$8.0M	$10.1M	75x	as long as short
Paradex BNB-USD-PERP	+0.0101%	8h	786.57	+0.027%	$78K	$18K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	785.46	−0.115%	$1.8M	$6.1M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	785.83	−0.067%	$377K	$110K	10x	as long as short
Phoenix BNB	+0.0135%	1h	786.77	+0.052%	$169K	$35K	10x	as long as short
Kalshi KXBNBPERP	+0.0137%	8h	786.30	−0.008%	$171K	$2.7M	4.8x	as long as short
BloFin BNB-USDT	+0.0184%	8h	786.49	+0.016%	$17.7M	$2.2M	75x	as long as short
Kraken Futures PF_BNBUSD	+0.0206%	1h	785.65	−0.091%	$2.5M	$1.2M	50x	as long as short
GRVT BNB_USDT_Perp	+0.0229%	8h	787.18	+0.104%	$2.9M	$29.5M	10x	as long as short
01 Exchange BNBUSD	+0.0248%	1h	786.34	−0.003%	$28K	$4K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	786.24	−0.016%	$1.5M	$143K	25x	as long as short
Bulk BNB-USD	+0.0305%	1h	787.08	+0.092%	$638K	$4K	10x	as long as short
Reya BNBRUSDPERP	+0.0322%	1h	785.31	−0.134%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0438%	1h	786.00	−0.046%	$1.1M	$913K	20x	as long as short
Hibachi BNB/USDT-Plong	+0.0544%	1h	786.36	long leg	$67K	$39K	12x