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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
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
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 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. 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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff BNB-PERP791.49−0.0080get 0.0010% / 1h55m 04s$4K$4225x
ShortBitget BNBUSDT790.750.0100get 0.0100% / 8h4h 55m$76.6M$30.3M75x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Hotstuff no order-book sample
Sell Bitget live order book, 4 min ago0.06 bp6.7 bp −$79.4 bp −$9424.2 bp −$2,421doesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0182% / S +0.0348%1h791.00−0.061%$46K200xas long as short
Hotstuff BNB-PERPlong−0.0080%1h791.49long leg$4K$4225x
StandX BNB-USD0.0000%1h792.07+0.073%$856K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h791.13−0.045%$9.7M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.718%$19K$789K30xas long as short
Aster BNBUSDT+0.0047%8h791.65+0.020%$6.1M$18.7M200xas long as short
BingX BNB-USDC+0.0056%8h790.78−0.090%$13.4Mas long as short
Phemex BNBUSDT+0.0061%8h791.53+0.005%$69.3M$49.9M50xas long as short
Coinbase International BNB-PERP-INTX+0.0064%1h790.64−0.107%$583K$1.9M50xas long as short
MEXC BNB_USDT+0.0069%8h792.10+0.077%$80.5M$12.1M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0070%8h791.75+0.033%$494.1M$790.1M75xas long as short
Lighter BNB+0.0096%1h791.18−0.040%$2.8M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h791.22−0.034%$266K$498K50xas long as short
Nado BNB-PERP+0.0100%1h790.45−0.131%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h791.66+0.021%$51.9M$17.6M10xas long as short
Pacifica BNB+0.0100%1h791.13−0.046%$1.2M$931K20xas long as short
Bybit BNBUSDT+0.0100%8h790.89−0.076%$139.1M$75.1M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h791.00−0.062%$53.5M$111.7M50xas long as short
Arcus BNB-USD+0.0100%1h791.20−0.037%$52K$130K10xas long as short
Gate BNB_USDT+0.0100%8h791.15−0.043%$35.5M$56.4M75xas long as short
KuCoin BNBUSDTM+0.0100%8h791.01−0.061%$27.7M$10.3M75xas long as short
Bitget BNBUSDTshort+0.0100%8h790.75−0.093%$76.6M$30.3M75x
Backpack BNB_USDC_PERP+0.0100%1h791.57+0.010%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h790.82−0.085%$4.1M$4.6Mas long as short
edgeX BNBUSDC+0.0100%4h790.34−0.145%$4.1M$74.3M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h790.18−0.166%$159K$441K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h790.84−0.082%$134K$950K10xas long as short
Derive BNB-PERP+0.0100%1h791.32−0.021%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h791.45−0.005%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h791.20−0.037%$389K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h790.91−0.074%$8.1M$9.3M75xas long as short
Paradex BNB-USD-PERP+0.0101%8h791.59+0.013%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h790.68−0.103%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h791.16−0.042%$380K$110K10xas long as short
Phoenix BNB+0.0107%1h791.15−0.043%$170K$35K10xas long as short
dYdX BNB-USD+0.0122%1h791.17−0.041%$160K$64K10xas long as short
GRVT BNB_USDT_Perp+0.0136%8h790.47−0.129%$2.9M$28.0M10xas long as short
Kalshi KXBNBPERP+0.0182%8h791.60+0.014%$113K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0190%8h791.46−0.004%$18.2M$2.2M75xas long as short
01 Exchange BNBUSD+0.0232%1h791.59+0.013%$28K$4K10xas long as short
Kraken Futures PF_BNBUSD+0.0263%1h790.94−0.069%$2.5M$1.2M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h791.61+0.015%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0327%1h790.40−0.138%$6K$3K40xas long as short
Bulk BNB-USD+0.0338%1h790.78−0.090%$640K$9K10xas long as short
RISEx BNB/USDC+0.0461%1h791.36−0.017%$1.1M$978K20xas long as short
Hibachi BNB/USDT-P+0.0552%1h791.14−0.044%$68K$38K12xas long as short