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
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff BNB-PERP | 805.32 | −0.0080 | get 0.0010% / 1h | 51m 15s | $4K | $1K | 25x |
| Short | BingX BNB-USDC | 805.13 | 0.0056 | get 0.0056% / 8h | 1h 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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Hotstuff no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 2 min ago | 0.31 bp | 7.3 bp −$7 | 9.6 bp −$96 | 17.6 bp −$1,761 | 63.2 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX BNB/USD [WBTC.b-USDC] | L −0.0195% / S +0.0371% | 1h | 804.97 | −0.044% | $49K | — | 200x | as long as short |
| Hotstuff BNB-PERPlong | −0.0080% | 1h | 805.32 | long leg | $4K | $1K | 25x | |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 806.78 | +0.181% | $3.0M | $29.4M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 805.60 | +0.035% | $108K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 805.28 | −0.005% | $870K | $2.8M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 805.01 | −0.039% | $9.8M | — | 150x | as long as short |
| Hibachi BNB/USDT-P | +0.0040% | 1h | 805.13 | −0.024% | $71K | $48K | 12x | as long as short |
| Variational Omni BNB | +0.0044% | 8h | 805.28 | −0.005% | $4.1M | $5.3M | — | as long as short |
| BingX BNB-USDCshort | +0.0056% | 8h | 805.13 | −0.024% | — | $13.3M | — | |
| Bybit BNBUSDT | +0.0083% | 8h | 804.54 | −0.097% | $139.3M | $82.0M | 75x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter BNB | +0.0096% | 1h | 805.26 | −0.008% | $2.8M | $4.2M | 20x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0096% | 1h | 805.76 | +0.055% | $608K | $882K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 804.45 | −0.108% | $1.5M | $2.8M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 805.12 | −0.025% | $1.2M | $925K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 804.70 | −0.077% | $55.1M | $116.1M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 805.20 | −0.015% | $53K | $170K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 804.70 | −0.077% | $36.2M | $57.2M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 804.69 | −0.078% | $28.2M | $10.5M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 804.56 | −0.094% | $78.7M | $25.0M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 805.71 | +0.048% | $4.2M | $76.4M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 805.60 | +0.035% | $162K | $439K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 804.65 | −0.083% | $116K | $870K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 804.98 | −0.042% | $389K | $592K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 805.26 | −0.008% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 805.23 | −0.011% | $13K | $1.7M | 50x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 804.83 | −0.061% | $8.2M | $7.6M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 805.53 | +0.027% | $79K | $19K | 50x | as long as short |
| Aster BNBUSDT | +0.0101% | 8h | 805.57 | +0.031% | $6.4M | $18.8M | 200x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 804.64 | −0.084% | $1.9M | $6.0M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 805.08 | −0.030% | $387K | $40K | 10x | as long as short |
| MEXC BNB_USDT | +0.0117% | 8h | 806.00 | +0.084% | $84.6M | $13.3M | 200x | as long as short |
| Binance BNBUSDT | +0.0118% | 8h | 805.59 | +0.034% | $520.5M | $805.6M | 75x | as long as short |
| Phemex BNBUSDT | +0.0137% | 8h | 805.59 | +0.034% | $70.3M | $51.9M | 50x | as long as short |
| Hyperliquid BNB | +0.0141% | 1h | 805.31 | −0.001% | $51.8M | $22.0M | 10x | as long as short |
| SoDEX BNB-USD | +0.0151% | 1h | 805.00 | −0.040% | $396K | $1.0M | 10x | as long as short |
| Phoenix BNB | +0.0155% | 1h | 805.39 | +0.009% | $173K | $35K | 10x | as long as short |
| dYdX BNB-USD | +0.0166% | 1h | 805.13 | −0.024% | $162K | $63K | 10x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0205% | 1h | 805.12 | −0.025% | $2.5M | $932K | 50x | as long as short |
| BloFin BNB-USDT | +0.0238% | 8h | 805.41 | +0.011% | $18.8M | $3.1M | 75x | as long as short |
| Bulk BNB-USD | +0.0274% | 1h | 805.55 | +0.029% | $651K | $14K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 805.48 | +0.019% | $1.6M | $165K | 25x | as long as short |
| Injective BNB/USDC PERP | +0.0311% | 1h | 805.09 | −0.029% | $19K | $789K | 30x | as long as short |
| RISEx BNB/USDC | +0.0318% | 1h | 805.05 | −0.034% | $1.1M | $1.4M | 20x | as long as short |
| Reya BNBRUSDPERP | +0.0333% | 1h | 804.28 | −0.130% | $6K | $3K | 40x | as long as short |
| 01 Exchange BNBUSD | +0.0344% | 1h | 805.56 | +0.030% | $28K | $1K | 10x | as long as short |
| Backpack BNB_USDC_PERP | +0.0716% | 1h | 806.12 | +0.099% | $3.0M | $5.5M | 40x | as long as short |
BingX BNB-USDC
GMX BNB/USD [WBTC.b-USDC]
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Variational Omni BNB
Bybit BNBUSDT
Lighter BNB
Coinbase International BNB-PERP-INTX
Pacifica BNB
OKX BNB-USDT-SWAP
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
HTX BNB-USDT
Paradex BNB-USD-PERP
Aster BNBUSDT
Extended BNB-USD
MEXC BNB_USDT
Binance BNBUSDT
Phemex BNBUSDT
Hyperliquid BNB
SoDEX BNB-USD
Phoenix BNB
Kraken Futures PF_BNBUSD
BloFin BNB-USDT
Bulk BNB-USD
Deribit BNB_USDC-PERPETUAL
Injective BNB/USDC PERP
RISEx BNB/USDC
01 Exchange BNBUSD
Backpack BNB_USDC_PERP