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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0136%/8h= +14.9% APRpaid last 24h +0.056%
Price spread now: BingX against Hotstuff−0.024%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
Funding pays, the price is against you. BingX is 0.024% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.024% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 14 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff BNB-PERP805.32−0.0080get 0.0010% / 1h51m 15s$4K$1K25x
ShortBingX BNB-USDC805.130.0056get 0.0056% / 8h1h 51m$13.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$28.56
Price spread: −0.024% → 0.000%
−$2.36
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee BingX: 5 bp × 2 orders
−$10
Net
$11.2
Costs to cover
0.150%
Break-even
4.3 days
Slippage unknown: Hotstuff: no order-book sample; BingX: live order book, 2 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 BingX live order book, 2 min ago0.31 bp7.3 bp −$79.6 bp −$9617.6 bp −$1,76163.2 bp −$31.6K
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%1h804.97−0.044%$49K200xas long as short
Hotstuff BNB-PERPlong−0.0080%1h805.32long leg$4K$1K25x
GRVT BNB_USDT_Perp0.0000%8h806.78+0.181%$3.0M$29.4M10xas long as short
Kalshi KXBNBPERP0.0000%8h805.60+0.035%$108K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h805.28−0.005%$870K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h805.01−0.039%$9.8M150xas long as short
Hibachi BNB/USDT-P+0.0040%1h805.13−0.024%$71K$48K12xas long as short
Variational Omni BNB+0.0044%8h805.28−0.005%$4.1M$5.3Mas long as short
BingX BNB-USDCshort+0.0056%8h805.13−0.024%$13.3M
Bybit BNBUSDT+0.0083%8h804.54−0.097%$139.3M$82.0M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BNB+0.0096%1h805.26−0.008%$2.8M$4.2M20xas long as short
Coinbase International BNB-PERP-INTX+0.0096%1h805.76+0.055%$608K$882K50xas long as short
Nado BNB-PERP+0.0100%1h804.45−0.108%$1.5M$2.8M20xas long as short
Pacifica BNB+0.0100%1h805.12−0.025%$1.2M$925K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h804.70−0.077%$55.1M$116.1M50xas long as short
Arcus BNB-USD+0.0100%1h805.20−0.015%$53K$170K10xas long as short
Gate BNB_USDT+0.0100%8h804.70−0.077%$36.2M$57.2M75xas long as short
KuCoin BNBUSDTM+0.0100%8h804.69−0.078%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h804.56−0.094%$78.7M$25.0M75xas long as short
edgeX BNBUSDC+0.0100%4h805.71+0.048%$4.2M$76.4M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h805.60+0.035%$162K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h804.65−0.083%$116K$870K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h804.98−0.042%$389K$592K50xas long as short
Derive BNB-PERP+0.0100%1h805.26−0.008%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h805.23−0.011%$13K$1.7M50xas long as short
HTX BNB-USDT+0.0100%8h804.83−0.061%$8.2M$7.6M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h805.53+0.027%$79K$19K50xas long as short
Aster BNBUSDT+0.0101%8h805.57+0.031%$6.4M$18.8M200xas long as short
Extended BNB-USD+0.0104%1h804.64−0.084%$1.9M$6.0M50xas long as short
Aevo BNB-PERP+0.0104%1h805.08−0.030%$387K$40K10xas long as short
MEXC BNB_USDT+0.0117%8h806.00+0.084%$84.6M$13.3M200xas long as short
Binance BNBUSDT+0.0118%8h805.59+0.034%$520.5M$805.6M75xas long as short
Phemex BNBUSDT+0.0137%8h805.59+0.034%$70.3M$51.9M50xas long as short
Hyperliquid BNB+0.0141%1h805.31−0.001%$51.8M$22.0M10xas long as short
SoDEX BNB-USD+0.0151%1h805.00−0.040%$396K$1.0M10xas long as short
Phoenix BNB+0.0155%1h805.39+0.009%$173K$35K10xas long as short
dYdX BNB-USD+0.0166%1h805.13−0.024%$162K$63K10xas long as short
Kraken Futures PF_BNBUSD+0.0205%1h805.12−0.025%$2.5M$932K50xas long as short
BloFin BNB-USDT+0.0238%8h805.41+0.011%$18.8M$3.1M75xas long as short
Bulk BNB-USD+0.0274%1h805.55+0.029%$651K$14K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h805.48+0.019%$1.6M$165K25xas long as short
Injective BNB/USDC PERP+0.0311%1h805.09−0.029%$19K$789K30xas long as short
RISEx BNB/USDC+0.0318%1h805.05−0.034%$1.1M$1.4M20xas long as short
Reya BNBRUSDPERP+0.0333%1h804.28−0.130%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0344%1h805.56+0.030%$28K$1K10xas long as short
Backpack BNB_USDC_PERP+0.0716%1h806.12+0.099%$3.0M$5.5M40xas long as short