BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.23 per $10,000 · paid last 24h +0.049%

Price spread now: Derive against Hotstuff+0.006%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Hotstuff Short on Derive

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff BNB-PERP	801.35	−0.0080	get 0.0010% / 1h	59m 24s	$4K	$1K	25x
Short	Derive BNB-PERP	801.40	0.0100	get 0.0013% / 1h	59m 24s	$32K	$5K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive 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

Position, each leg$Hold fordaysFee HotstuffbpFee DerivebpOrdersPrice spread, now +0.006%Rate

Funding earned: $37.8
Price spread: +0.006% → 0.000%: $0.58
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Derive: 3 bp × 2 orders: −$6
Net: $27.38
Costs to cover: 0.110%
Break-even: 1.9 days

Slippage unknown: Hotstuff: no order-book sample; Derive: no order-book sample. 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 Derive no order-book sample	—	—	—	—	—

Hotstuff and Derive: 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 −0.0201% / S +0.0372%	1h	800.94	−0.052%	$48K	—	200x	as long as short
Hotstuff BNB-PERPlong	−0.0080%	1h	801.35	long leg	$4K	$1K	25x
GRVT BNB_USDT_Perp	0.0000%	8h	800.99	−0.045%	$3.0M	$28.4M	10x	as long as short
StandX BNB-USD	0.0000%	1h	802.01	+0.082%	$867K	$2.9M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	800.92	−0.054%	$9.8M	—	150x	as long as short
Variational Omni BNB	+0.0031%	8h	800.04	−0.163%	$4.2M	$5.4M	—	as long as short
BingX BNB-USDC	+0.0052%	8h	801.11	−0.030%	—	$13.3M	—	as long as short
Bybit BNBUSDT	+0.0066%	8h	800.60	−0.094%	$139.2M	$78.6M	75x	as long as short
Lighter BNB	+0.0096%	1h	801.34	−0.001%	$2.8M	$4.1M	20x	as long as short
Coinbase International BNB-PERP-INTX	+0.0096%	1h	800.72	−0.079%	$607K	$998K	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado BNB-PERP	+0.0100%	1h	800.48	−0.109%	$1.4M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	801.21	−0.018%	$1.2M	$926K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	800.80	−0.069%	$54.7M	$113.8M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	801.40	+0.006%	$53K	$134K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	800.65	−0.087%	$35.8M	$57.3M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	800.70	−0.081%	$28.0M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	800.52	−0.104%	$80.8M	$26.7M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	800.55	−0.100%	$4.2M	$77.7M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	800.56	−0.099%	$161K	$442K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	800.78	−0.071%	$119K	$874K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	800.99	−0.045%	$387K	$489K	50x	as long as short
Derive BNB-PERPshort	+0.0100%	1h	801.40	+0.006%	$32K	$5K	10x
SunX BNB-USDT	+0.0100%	8h	801.92	+0.071%	$13K	$1.7M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	800.80	−0.068%	$8.2M	$7.9M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	801.71	+0.045%	$78K	$19K	50x	as long as short
Aster BNBUSDT	+0.0100%	8h	801.58	+0.029%	$6.4M	$18.9M	200x	as long as short
Extended BNB-USD	+0.0104%	1h	800.45	−0.112%	$1.9M	$6.3M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	801.52	+0.021%	$385K	$40K	10x	as long as short
SoDEX BNB-USD	+0.0108%	1h	801.30	−0.006%	$394K	$1.0M	10x	as long as short
Kalshi KXBNBPERP	+0.0113%	8h	801.50	+0.019%	$110K	$2.9M	4.8x	as long as short
Phemex BNBUSDT	+0.0114%	8h	801.76	+0.051%	$70.1M	$51.0M	50x	as long as short
MEXC BNB_USDT	+0.0119%	8h	801.80	+0.056%	$83.3M	$13.5M	200x	as long as short
Binance BNBUSDT	+0.0121%	8h	801.63	+0.034%	$501.6M	$818.9M	75x	as long as short
Phoenix BNB	+0.0155%	1h	800.77	−0.072%	$172K	$34K	10x	as long as short
Kraken Futures PF_BNBUSD	+0.0206%	1h	801.15	−0.025%	$2.6M	$970K	50x	as long as short
Hyperliquid BNB	+0.0238%	1h	801.66	+0.039%	$51.9M	$21.6M	10x	as long as short
BloFin BNB-USDT	+0.0239%	8h	801.23	−0.015%	$18.3M	$2.5M	75x	as long as short
Hibachi BNB/USDT-P	+0.0240%	1h	800.59	−0.095%	$71K	$48K	12x	as long as short
RISEx BNB/USDC	+0.0258%	1h	801.05	−0.037%	$1.1M	$1.4M	20x	as long as short
Bulk BNB-USD	+0.0289%	1h	801.15	−0.025%	$651K	$20K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	801.70	+0.044%	$1.6M	$165K	25x	as long as short
Injective BNB/USDC PERP	+0.0311%	1h	805.09	+0.467%	$19K	$789K	30x	as long as short
Reya BNBRUSDPERP	+0.0332%	1h	800.45	−0.112%	$6K	$3K	40x	as long as short
dYdX BNB-USD	+0.0369%	1h	800.88	−0.059%	$161K	$62K	10x	as long as short
01 Exchange BNBUSD	+0.0448%	1h	801.71	+0.045%	$28K	$1K	10x	as long as short
Backpack BNB_USDC_PERP	+0.0556%	1h	802.04	+0.086%	$2.7M	$5.7M	40x	as long as short