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+0.0180%/8h= +19.7% APRpaid last 24h +0.054%
Price spread now: Gate against Hotstuff−0.068%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 · farm boardneeds both histories
Funding pays, the price is against you. Gate is 0.068% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.068% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 30 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff BNB-PERP807.10−0.0080get 0.0010% / 1h17m 27s$4K$1K25x
ShortGate BNB_USDT806.550.0100get 0.0100% / 8h2h 17m$36.1M$58.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.068% → 0.000%
−$6.81
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$10.99
Costs to cover
0.200%
Break-even
5.0 days
Slippage unknown: Hotstuff: no order-book sample; Gate: live order book, 1 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 Gate live order book, 1 min ago0.31 bp9.9 bp −$1012.5 bp −$12526.9 bp −$2,68756.7 bp −$28.3K
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%1h806.59−0.063%$49K200xas long as short
Hotstuff BNB-PERPlong−0.0080%1h807.10long leg$4K$1K25x
GRVT BNB_USDT_Perp0.0000%8h807.05−0.006%$3.0M$29.5M10xas long as short
Kalshi KXBNBPERP0.0000%8h807.100.000%$114K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h806.62−0.059%$872K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h806.69−0.051%$9.8M150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h806.59−0.063%$2.5M$908K50xas long as short
Variational Omni BNB+0.0050%8h805.91−0.148%$4.1M$5.4Mas long as short
BingX BNB-USDT+0.0054%8h806.77−0.041%$34.5Mas long as short
Bybit BNBUSDT+0.0077%8h806.31−0.098%$139.9M$82.5M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0088%1h806.90−0.025%$610K$883K50xas long as short
Lighter BNB+0.0096%1h806.77−0.041%$2.8M$4.2M20xas long as short
Aster BNBUSDT+0.0098%8h807.31+0.027%$6.4M$18.8M200xas long as short
Nado BNB-PERP+0.0100%1h806.50−0.074%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h806.91−0.024%$1.2M$924K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h806.60−0.062%$55.2M$116.3M50xas long as short
Arcus BNB-USD+0.0100%1h807.100.000%$53K$170K10xas long as short
Gate BNB_USDTshort+0.0100%8h806.55−0.068%$36.1M$58.9M75x
KuCoin BNBUSDTM+0.0100%8h806.54−0.069%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h806.26−0.104%$79.1M$24.7M75xas long as short
edgeX BNBUSDC+0.0100%4h807.34+0.030%$4.2M$77.1M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h806.58−0.064%$159K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h806.56−0.067%$115K$872K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h806.71−0.048%$390K$593K50xas long as short
Derive BNB-PERP+0.0100%1h806.73−0.046%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h807.22+0.014%$14K$1.7M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h807.07−0.003%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h806.57−0.066%$8.2M$7.5M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h807.37+0.034%$79K$19K50xas long as short
Extended BNB-USD+0.0104%1h806.40−0.086%$1.9M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h806.76−0.042%$388K$40K10xas long as short
MEXC BNB_USDT+0.0114%8h807.70+0.074%$84.8M$13.6M200xas long as short
Binance BNBUSDT+0.0114%8h807.34+0.030%$521.6M$806.0M75xas long as short
Phoenix BNB+0.0125%1h806.38−0.089%$173K$35K10xas long as short
Phemex BNBUSDT+0.0126%8h807.14+0.005%$70.4M$51.8M50xas long as short
Hyperliquid BNB+0.0196%1h807.35+0.031%$51.9M$21.4M10xas long as short
RISEx BNB/USDC+0.0209%1h806.94−0.019%$1.2M$1.5M20xas long as short
SoDEX BNB-USD+0.0209%1h806.60−0.062%$397K$1.0M10xas long as short
Bulk BNB-USD+0.0217%1h806.94−0.020%$652K$11K10xas long as short
BloFin BNB-USDT+0.0233%8h807.11+0.001%$18.8M$3.1M75xas long as short
dYdX BNB-USD+0.0241%1h807.07−0.004%$171K$55K10xas long as short
Hibachi BNB/USDT-P+0.0248%1h806.79−0.038%$72K$48K12xas long as short
Reya BNBRUSDPERP+0.0334%1h806.34−0.094%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0344%1h807.47+0.046%$29K$1K10xas long as short
Injective BNB/USDC PERP+0.0353%1h804.89−0.274%$19K$627K30xas long as short
Backpack BNB_USDC_PERP+0.0653%1h807.48+0.047%$3.0M$5.5M40xas long as short