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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0184%/8h= +20.1% APRnext payment +$0.23 per $10,000 · paid last 24h +0.055%
Price spread now: Extended against Hotstuff−0.128%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 3 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 · Extended: Active · farm boardneeds both histories
Funding pays, the price is against you. Extended is 0.128% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.128% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 2.3 days of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff BNB-PERP804.18−0.0080get 0.0010% / 1h56m 25s$4K$1K25x
ShortExtended BNB-USD803.150.0104get 0.0013% / 1h56m 25s$1.9M$6.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$38.64
Price spread: −0.128% → 0.000%
−$12.76
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$15.88
Costs to cover
0.100%
Break-even
4.1 days
Slippage unknown: Hotstuff: no order-book sample; Extended: live order book, 3 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 Extended live order book, 3 min ago0.06 bp3.8 bp −$45.1 bp −$51doesn't fitdoesn'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 −0.0195% / S +0.0371%1h803.78−0.050%$48K200xas long as short
Hotstuff BNB-PERPlong−0.0080%1h804.18long leg$4K$1K25x
GRVT BNB_USDT_Perp0.0000%8h805.27+0.136%$3.0M$30.4M10xas long as short
Kalshi KXBNBPERP0.0000%8h804.00−0.022%$109K$2.6M4.8xas long as short
StandX BNB-USD0.0000%1h803.78−0.050%$869K$3.0M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h803.32−0.107%$9.8M150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h803.88−0.037%$2.5M$916K50xas long as short
Variational Omni BNB+0.0067%8h804.96+0.097%$4.1M$5.4Mas long as short
Aster BNBUSDT+0.0088%8h803.92−0.032%$6.4M$18.9M200xas long as short
Coinbase International BNB-PERP-INTX+0.0088%1h805.24+0.132%$609K$900K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BNB+0.0096%1h804.04−0.017%$2.8M$4.2M20xas long as short
Nado BNB-PERP+0.0100%1h803.50−0.085%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h804.09−0.011%$1.2M$923K20xas long as short
Bybit BNBUSDT+0.0100%8h802.72−0.182%$139.0M$83.2M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h803.00−0.147%$55.0M$115.5M50xas long as short
Arcus BNB-USD+0.0100%1h803.80−0.047%$52K$191K10xas long as short
Gate BNB_USDT+0.0100%8h803.50−0.085%$35.9M$58.1M75xas long as short
KuCoin BNBUSDTM+0.0100%8h803.02−0.144%$28.1M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h802.79−0.173%$79.0M$24.6M75xas long as short
edgeX BNBUSDC+0.0100%4h805.56+0.172%$4.2M$76.6M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h805.39+0.150%$159K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h803.15−0.128%$118K$869K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h803.90−0.035%$388K$595K50xas long as short
Derive BNB-PERP+0.0100%1h804.07−0.014%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h804.12−0.008%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h803.90−0.035%$395K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h803.94−0.030%$8.2M$7.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h804.30+0.015%$78K$19K50xas long as short
Binance BNBUSDT+0.0102%8h803.76−0.052%$518.6M$808.5M75xas long as short
MEXC BNB_USDT+0.0102%8h804.30+0.015%$84.4M$13.5M200xas long as short
BingX BNB-USDT+0.0102%8h803.65−0.066%$34.5Mas long as short
Extended BNB-USDshort+0.0104%1h803.15−0.128%$1.9M$6.1M50x
Aevo BNB-PERP+0.0104%1h804.06−0.015%$386K$40K10xas long as short
Phoenix BNB+0.0110%1h805.11+0.116%$173K$35K10xas long as short
Phemex BNBUSDT+0.0114%8h804.46+0.035%$70.2M$51.7M50xas long as short
Bulk BNB-USD+0.0140%1h805.09+0.113%$650K$11K10xas long as short
dYdX BNB-USD+0.0198%1h803.90−0.035%$170K$55K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h804.37+0.024%$1.6M$161K25xas long as short
RISEx BNB/USDC+0.0209%1h803.79−0.049%$1.1M$1.4M20xas long as short
Hyperliquid BNB+0.0211%1h803.99−0.024%$51.6M$21.4M10xas long as short
BloFin BNB-USDT+0.0222%8h804.51+0.041%$18.9M$3.0M75xas long as short
Hibachi BNB/USDT-P+0.0240%1h804.46+0.035%$71K$49K12xas long as short
01 Exchange BNBUSD+0.0296%1h804.24+0.007%$28K$1K10xas long as short
Reya BNBRUSDPERP+0.0335%1h802.90−0.159%$6K$3K40xas long as short
Injective BNB/USDC PERP+0.0353%1h804.92+0.092%$19K$526K30xas long as short
Backpack BNB_USDC_PERP+0.0647%1h805.00+0.102%$3.0M$5.3M40xas long as short