BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0087%/8h= +9.5% APRnext payment +$0.11 per $10,000 · paid last 24h +0.026%

Price spread now: gTrade (Gains Network) against Hotstuff−0.072%7-day average — · you buy dearer than you sell

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

Long on Hotstuff Short on gTrade (Gains Network)

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

Funding pays, the price is against you. gTrade (Gains Network) is 0.072% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.072% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 2.8 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff BNB-PERP	790.07	−0.0080	get 0.0010% / 1h	51m 04s	$4K	$42	25x
Short	gTrade (Gains Network) BNB/USD	789.50	L +0.0007% / S −0.0007%	get 0.0001% / 1h	51m 04s	$9.5M	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.072%Rate

Funding earned: $18.31
Price spread: −0.072% → 0.000%: −$7.2
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$3.89
Costs to cover: 0.150%
Break-even: 8.5 days

Slippage unknown: Hotstuff: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 3 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 gTrade (Gains Network) virtual book (oracle venue), 3 min ago	130.01 bp	135.0 bp −$135	135.0 bp −$1,350	484.2 bp −$48.4K	3301.4 bp −$1.65M

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 −0.0183% / S +0.0348%	1h	789.54	−0.068%	$46K	—	200x	as long as short
Hotstuff BNB-PERPlong	−0.0080%	1h	790.07	long leg	$4K	$42	25x
StandX BNB-USD	0.0000%	1h	791.25	+0.149%	$855K	$3.2M	30x	as long as short
gTrade (Gains Network) BNB/USDshort	L +0.0007% / S −0.0007%	1h	789.50	−0.072%	$9.5M	—	150x
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.901%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0044%	8h	790.00	−0.009%	$6.1M	$18.7M	200x	as long as short
BingX BNB-USDC	+0.0056%	8h	790.09	+0.003%	—	$13.4M	—	as long as short
Coinbase International BNB-PERP-INTX	+0.0064%	1h	790.64	+0.072%	$583K	$1.9M	50x	as long as short
Binance BNBUSDT	+0.0068%	8h	790.46	+0.049%	$493.2M	$789.8M	75x	as long as short
MEXC BNB_USDT	+0.0069%	8h	790.40	+0.042%	$80.2M	$12.2M	200x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex BNBUSDT	+0.0072%	8h	790.14	+0.009%	$69.2M	$49.9M	50x	as long as short
Lighter BNB	+0.0096%	1h	789.68	−0.049%	$2.7M	$3.8M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	789.53	−0.068%	$266K	$498K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	789.25	−0.104%	$1.5M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	790.16	+0.011%	$51.9M	$17.5M	10x	as long as short
Pacifica BNB	+0.0100%	1h	789.56	−0.065%	$1.2M	$931K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	789.33	−0.094%	$138.8M	$74.9M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	789.40	−0.085%	$53.4M	$111.5M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	789.60	−0.059%	$52K	$130K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	789.60	−0.059%	$35.4M	$56.5M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	789.32	−0.095%	$27.6M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	789.27	−0.101%	$76.4M	$30.4M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	790.02	−0.006%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	789.11	−0.121%	$4.1M	$4.6M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	790.98	+0.116%	$4.1M	$74.4M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	790.67	+0.076%	$159K	$441K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	789.34	−0.092%	$133K	$950K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	789.67	−0.051%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	789.97	−0.012%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	789.70	−0.047%	$388K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	789.64	−0.054%	$8.1M	$9.3M	75x	as long as short
Paradex BNB-USD-PERP	+0.0101%	8h	790.08	+0.002%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	789.09	−0.124%	$1.8M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	789.57	−0.064%	$379K	$110K	10x	as long as short
dYdX BNB-USD	+0.0108%	1h	789.76	−0.040%	$160K	$64K	10x	as long as short
Phoenix BNB	+0.0117%	1h	790.37	+0.038%	$170K	$35K	10x	as long as short
GRVT BNB_USDT_Perp	+0.0138%	8h	791.19	+0.142%	$3.0M	$28.0M	10x	as long as short
Kalshi KXBNBPERP	+0.0182%	8h	790.50	+0.054%	$113K	$2.7M	4.8x	as long as short
BloFin BNB-USDT	+0.0188%	8h	789.97	−0.013%	$18.2M	$2.2M	75x	as long as short
01 Exchange BNBUSD	+0.0224%	1h	789.92	−0.019%	$28K	$4K	10x	as long as short
Kraken Futures PF_BNBUSD	+0.0263%	1h	789.39	−0.086%	$2.5M	$1.2M	50x	as long as short
Bulk BNB-USD	+0.0296%	1h	791.64	+0.199%	$641K	$9K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	790.00	−0.009%	$1.5M	$143K	25x	as long as short
Reya BNBRUSDPERP	+0.0326%	1h	789.05	−0.129%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0461%	1h	789.76	−0.039%	$1.1M	$975K	20x	as long as short
Hibachi BNB/USDT-P	+0.0544%	1h	790.81	+0.094%	$68K	$38K	12x	as long as short