Funding you earn now, next payment 21:00 UTC+0.0168%/8h= +18.4% APRnext payment +$0.21 per $10,000 · paid last 24h +0.052%
Price spread now: Coinbase International against Hotstuff+0.132%7-day average — · you sell dearer than you buy
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
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Coinbase International is 0.132% dearer against Hotstuff than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff BNB-PERP | 804.18 | −0.0080 | get 0.0010% / 1h | 55m 07s | $4K | $1K | 25x |
| Short | Coinbase International BNB-PERP-INTX | 805.24 | 0.0088 | get 0.0011% / 1h | 55m 07s | $609K | $899K | 50x |
Hotstuff BNB-PERP
Coinbase International BNB-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $35.28
- Price spread: +0.132% → 0.000%
- $13.18
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $33.46
- Costs to cover
- 0.150%
- Break-even
- 0.4 days
Slippage unknown: Hotstuff: no order-book sample; Coinbase International: live order book, 33 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 Coinbase International live order book, 33 min ago | 3.05 bp | 8.6 bp −$9 | 14.0 bp −$140 | doesn't fit | 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 −0.0195% / S +0.0371% | 1h | 804.24 | +0.007% | $49K | — | 200x | as long as short |
| Hotstuff BNB-PERPlong | −0.0080% | 1h | 804.18 | long leg | $4K | $1K | 25x | |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 804.31 | +0.016% | $3.0M | $30.4M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 804.30 | +0.015% | $110K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 803.78 | −0.050% | $869K | $3.0M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 804.21 | +0.004% | $9.8M | — | 150x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0038% | 1h | 804.22 | +0.005% | $2.5M | $917K | 50x | as long as short |
| Variational Omni BNB | +0.0068% | 8h | 803.35 | −0.104% | $4.1M | $5.3M | — | as long as short |
| Aster BNBUSDT | +0.0087% | 8h | 804.78 | +0.075% | $6.4M | $18.9M | 200x | as long as short |
| Coinbase International BNB-PERP-INTXshort | +0.0088% | 1h | 805.24 | +0.132% | $609K | $899K | 50x |
GMX BNB/USD [WBTC.b-USDC]
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Kraken Futures PF_BNBUSD
Variational Omni BNB
Aster BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter BNB | +0.0096% | 1h | 804.40 | +0.028% | $2.8M | $4.2M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 803.34 | −0.105% | $1.4M | $2.8M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 803.81 | −0.046% | $1.2M | $923K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 803.50 | −0.085% | $139.1M | $83.4M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 803.50 | −0.085% | $55.0M | $115.5M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 803.90 | −0.035% | $52K | $191K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 804.00 | −0.022% | $36.0M | $58.1M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 804.05 | −0.016% | $28.1M | $10.5M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 803.41 | −0.096% | $79.1M | $24.6M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 804.49 | +0.039% | $4.2M | $76.7M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 803.95 | −0.029% | $159K | $437K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 804.02 | −0.020% | $118K | $869K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 804.35 | +0.021% | $389K | $595K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 804.48 | +0.038% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 804.73 | +0.068% | $13K | $1.7M | 50x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 804.06 | −0.015% | $8.2M | $7.3M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 804.31 | +0.016% | $78K | $19K | 50x | as long as short |
| MEXC BNB_USDT | +0.0101% | 8h | 805.40 | +0.152% | $84.5M | $13.5M | 200x | as long as short |
| BingX BNB-USDC | +0.0102% | 8h | 804.29 | +0.014% | — | $13.3M | — | as long as short |
| Binance BNBUSDT | +0.0102% | 8h | 804.80 | +0.077% | $519.3M | $807.4M | 75x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 803.21 | −0.120% | $1.9M | $6.1M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 804.49 | +0.039% | $386K | $40K | 10x | as long as short |
| Phoenix BNB | +0.0110% | 1h | 805.11 | +0.116% | $173K | $35K | 10x | as long as short |
| SoDEX BNB-USD | +0.0112% | 1h | 804.40 | +0.027% | $396K | $1.0M | 10x | as long as short |
| Phemex BNBUSDT | +0.0115% | 8h | 804.88 | +0.087% | $70.2M | $51.8M | 50x | as long as short |
| Bulk BNB-USD | +0.0140% | 1h | 805.09 | +0.113% | $650K | $11K | 10x | as long as short |
| dYdX BNB-USD | +0.0207% | 1h | 803.19 | −0.123% | $170K | $55K | 10x | as long as short |
| RISEx BNB/USDC | +0.0209% | 1h | 804.10 | −0.011% | $1.1M | $1.4M | 20x | as long as short |
| Hyperliquid BNB | +0.0214% | 1h | 804.87 | +0.086% | $51.7M | $21.4M | 10x | as long as short |
| BloFin BNB-USDT | +0.0222% | 8h | 804.78 | +0.075% | $18.9M | $3.1M | 75x | as long as short |
| Hibachi BNB/USDT-P | +0.0240% | 1h | 803.60 | −0.072% | $71K | $48K | 12x | as long as short |
| 01 Exchange BNBUSD | +0.0288% | 1h | 804.35 | +0.021% | $28K | $1K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 804.82 | +0.079% | $1.6M | $161K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0335% | 1h | 803.85 | −0.041% | $6K | $3K | 40x | as long as short |
| Injective BNB/USDC PERP | +0.0353% | 1h | 804.92 | +0.092% | $19K | $526K | 30x | as long as short |
| Backpack BNB_USDC_PERP | +0.0656% | 1h | 805.34 | +0.144% | $3.0M | $5.3M | 40x | as long as short |
Lighter BNB
Nado BNB-PERP
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
HTX BNB-USDT
Paradex BNB-USD-PERP
MEXC BNB_USDT
BingX BNB-USDC
Binance BNBUSDT
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
SoDEX BNB-USD
Phemex BNBUSDT
Bulk BNB-USD
dYdX BNB-USD
RISEx BNB/USDC
Hyperliquid BNB
BloFin BNB-USDT
Hibachi BNB/USDT-P
01 Exchange BNBUSD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
Injective BNB/USDC PERP
Backpack BNB_USDC_PERP