Funding you earn now, next payment 04:00 UTC+0.0180%/8h= +19.7% APRpaid last 24h +0.054%
Price spread now: Bitget against Hotstuff−0.093%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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. Bitget is 0.093% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.093% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 42 hours of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff BNB-PERP | 791.49 | −0.0080 | get 0.0010% / 1h | 55m 04s | $4K | $42 | 25x |
| Short | Bitget BNBUSDT | 790.75 | 0.0100 | get 0.0100% / 8h | 4h 55m | $76.6M | $30.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $37.8
- Price spread: −0.093% → 0.000%
- −$9.35
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $11.45
- Costs to cover
- 0.170%
- Break-even
- 4.9 days
Slippage unknown: Hotstuff: no order-book sample; Bitget: live order book, 4 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 Bitget live order book, 4 min ago | 0.06 bp | 6.7 bp −$7 | 9.4 bp −$94 | 24.2 bp −$2,421 | doesn't fit |
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 −0.0182% / S +0.0348% | 1h | 791.00 | −0.061% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERPlong | −0.0080% | 1h | 791.49 | long leg | $4K | $42 | 25x | |
| StandX BNB-USD | 0.0000% | 1h | 792.07 | +0.073% | $856K | $3.1M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 791.13 | −0.045% | $9.7M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +1.718% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0047% | 8h | 791.65 | +0.020% | $6.1M | $18.7M | 200x | as long as short |
| BingX BNB-USDC | +0.0056% | 8h | 790.78 | −0.090% | — | $13.4M | — | as long as short |
| Phemex BNBUSDT | +0.0061% | 8h | 791.53 | +0.005% | $69.3M | $49.9M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0064% | 1h | 790.64 | −0.107% | $583K | $1.9M | 50x | as long as short |
| MEXC BNB_USDT | +0.0069% | 8h | 792.10 | +0.077% | $80.5M | $12.1M | 200x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNBUSDT | +0.0070% | 8h | 791.75 | +0.033% | $494.1M | $790.1M | 75x | as long as short |
| Lighter BNB | +0.0096% | 1h | 791.18 | −0.040% | $2.8M | $3.8M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 791.22 | −0.034% | $266K | $498K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 790.45 | −0.131% | $1.5M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 791.66 | +0.021% | $51.9M | $17.6M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 791.13 | −0.046% | $1.2M | $931K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 790.89 | −0.076% | $139.1M | $75.1M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 791.00 | −0.062% | $53.5M | $111.7M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 791.20 | −0.037% | $52K | $130K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 791.15 | −0.043% | $35.5M | $56.4M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 791.01 | −0.061% | $27.7M | $10.3M | 75x | as long as short |
| Bitget BNBUSDTshort | +0.0100% | 8h | 790.75 | −0.093% | $76.6M | $30.3M | 75x | |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 791.57 | +0.010% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 790.82 | −0.085% | $4.1M | $4.6M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 790.34 | −0.145% | $4.1M | $74.3M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 790.18 | −0.166% | $159K | $441K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 790.84 | −0.082% | $134K | $950K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 791.32 | −0.021% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 791.45 | −0.005% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 791.20 | −0.037% | $389K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 790.91 | −0.074% | $8.1M | $9.3M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0101% | 8h | 791.59 | +0.013% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 790.68 | −0.103% | $1.8M | $5.9M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 791.16 | −0.042% | $380K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0107% | 1h | 791.15 | −0.043% | $170K | $35K | 10x | as long as short |
| dYdX BNB-USD | +0.0122% | 1h | 791.17 | −0.041% | $160K | $64K | 10x | as long as short |
| GRVT BNB_USDT_Perp | +0.0136% | 8h | 790.47 | −0.129% | $2.9M | $28.0M | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0182% | 8h | 791.60 | +0.014% | $113K | $2.7M | 4.8x | as long as short |
| BloFin BNB-USDT | +0.0190% | 8h | 791.46 | −0.004% | $18.2M | $2.2M | 75x | as long as short |
| 01 Exchange BNBUSD | +0.0232% | 1h | 791.59 | +0.013% | $28K | $4K | 10x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0263% | 1h | 790.94 | −0.069% | $2.5M | $1.2M | 50x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 791.61 | +0.015% | $1.5M | $143K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0327% | 1h | 790.40 | −0.138% | $6K | $3K | 40x | as long as short |
| Bulk BNB-USD | +0.0338% | 1h | 790.78 | −0.090% | $640K | $9K | 10x | as long as short |
| RISEx BNB/USDC | +0.0461% | 1h | 791.36 | −0.017% | $1.1M | $978K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0552% | 1h | 791.14 | −0.044% | $68K | $38K | 12x | as long as short |
Bitget BNBUSDT
GMX BNB/USD [WBTC.b-USDC]
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
Aster BNBUSDT
BingX BNB-USDC
Phemex BNBUSDT
Coinbase International BNB-PERP-INTX
MEXC BNB_USDT
Binance BNBUSDT
Lighter BNB
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Gate BNB_USDT
KuCoin BNBUSDTM
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Phoenix BNB
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
BloFin BNB-USDT
01 Exchange BNBUSD
Kraken Futures PF_BNBUSD
Deribit BNB_USDC-PERPETUAL
Bulk BNB-USD
RISEx BNB/USDC