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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0194%/8h= +21.3% APRpaid last 24h +0.065%
Price spread now: Binance against Hotstuff+0.042%7-day average · you sell dearer than you buy
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 for this trade now. Funding pays +$6 a day on $10k at the current rate, and Binance is 0.042% dearer against Hotstuff than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff BNB-PERP806.66−0.0080get 0.0010% / 1h15m 42s$4K$1K25x
ShortBinance BNBUSDT807.000.0114get 0.0114% / 8h2h 15m$521.4M$806.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Hotstuff. 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
$40.83
Price spread: +0.042% → 0.000%
$4.19
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
$30.02
Costs to cover
0.150%
Break-even
1.9 days
Slippage unknown: Hotstuff: no order-book sample; Binance: live order book, 13 min ago. 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 Hotstuff no order-book sample
Sell Binance live order book, 13 min ago0.06 bp5.1 bp −$56.8 bp −$6817.5 bp −$1,75345.4 bp −$22.7K
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 −0.0195% / S +0.0371%1h805.99−0.083%$49K200xas long as short
Hotstuff BNB-PERPlong−0.0080%1h806.66long leg$4K$1K25x
GRVT BNB_USDT_Perp0.0000%8h807.05+0.048%$3.0M$29.5M10xas long as short
Kalshi KXBNBPERP0.0000%8h806.70+0.005%$114K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h806.62−0.005%$872K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h806.12−0.067%$9.8M150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h806.22−0.054%$2.5M$908K50xas long as short
Variational Omni BNB+0.0050%8h805.91−0.094%$4.1M$5.4Mas long as short
BingX BNB-USDT+0.0054%8h806.38−0.035%$34.5Mas long as short
Bybit BNBUSDT+0.0077%8h805.93−0.090%$139.9M$82.5M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0088%1h806.90+0.030%$610K$883K50xas long as short
Lighter BNB+0.0096%1h806.58−0.010%$2.8M$4.2M20xas long as short
Aster BNBUSDT+0.0098%8h806.70+0.005%$6.4M$18.8M200xas long as short
Nado BNB-PERP+0.0100%1h806.05−0.076%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h806.53−0.016%$1.2M$924K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h806.30−0.045%$55.3M$116.3M50xas long as short
Arcus BNB-USD+0.0100%1h806.50−0.020%$53K$170K10xas long as short
Gate BNB_USDT+0.0100%8h806.20−0.057%$36.1M$58.9M75xas long as short
KuCoin BNBUSDTM+0.0100%8h806.17−0.061%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h805.91−0.093%$79.1M$24.7M75xas long as short
edgeX BNBUSDC+0.0100%4h807.21+0.069%$4.2M$77.1M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h806.58−0.010%$159K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h806.02−0.079%$114K$872K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h806.13−0.066%$390K$593K50xas long as short
Derive BNB-PERP+0.0100%1h806.33−0.041%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h806.91+0.031%$14K$1.7M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h806.61−0.007%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h806.54−0.015%$8.2M$7.5M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h806.99+0.041%$79K$19K50xas long as short
Extended BNB-USD+0.0104%1h806.00−0.082%$1.9M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h806.28−0.047%$387K$40K10xas long as short
MEXC BNB_USDT+0.0114%8h807.30+0.079%$84.7M$13.7M200xas long as short
Binance BNBUSDTshort+0.0114%8h807.00+0.042%$521.4M$806.2M75x
Phoenix BNB+0.0125%1h806.38−0.035%$173K$35K10xas long as short
Phemex BNBUSDT+0.0126%8h806.71+0.006%$70.4M$51.8M50xas long as short
SoDEX BNB-USD+0.0201%1h806.20−0.057%$396K$1.0M10xas long as short
RISEx BNB/USDC+0.0209%1h806.41−0.030%$1.2M$1.5M20xas long as short
Hyperliquid BNB+0.0209%1h807.22+0.069%$52.4M$21.6M10xas long as short
Bulk BNB-USD+0.0217%1h806.94+0.035%$652K$11K10xas long as short
BloFin BNB-USDT+0.0234%8h807.24+0.072%$18.8M$3.1M75xas long as short
dYdX BNB-USD+0.0240%1h806.40−0.032%$171K$55K10xas long as short
Hibachi BNB/USDT-P+0.0248%1h806.68+0.002%$71K$48K12xas long as short
Reya BNBRUSDPERP+0.0334%1h805.74−0.114%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0344%1h806.84+0.022%$29K$1K10xas long as short
Injective BNB/USDC PERP+0.0353%1h804.89−0.219%$19K$627K30xas long as short
Backpack BNB_USDC_PERP+0.0653%1h807.08+0.052%$3.0M$5.5M40xas long as short