BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.23 per $10,000 · paid last 24h +0.054%

Price spread now: Polymarket Perps against Hotstuff−0.110%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 Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 4 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. Polymarket Perps is 0.110% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.110% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 2.0 days of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff BNB-PERP	788.39	−0.0080	get 0.0010% / 1h	0m 12s	$4K	$42	25x
Short	Polymarket Perps BNB-USD	787.52	0.0100	get 0.0013% / 1h	0m 12s	$132K	$951K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.110%Rate

Funding earned: $37.8
Price spread: −0.110% → 0.000%: −$11.04
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: $13.76
Costs to cover: 0.130%
Break-even: 4.5 days

Slippage unknown: Hotstuff: no order-book sample; Polymarket Perps: live order book, 48 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 Polymarket Perps live order book, 48 min ago	2.99 bp	8.3 bp −$8	8.7 bp −$87	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 −0.0192% / S +0.0356%	1h	787.42	−0.123%	$46K	—	200x	as long as short
Hotstuff BNB-PERPlong	−0.0080%	1h	788.39	long leg	$4K	$42	25x
StandX BNB-USD	0.0000%	1h	788.69	+0.038%	$851K	$2.9M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	787.41	−0.124%	$9.5M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.118%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0045%	8h	788.05	−0.044%	$6.1M	$19.0M	200x	as long as short
BingX BNB-USDC	+0.0053%	8h	788.06	−0.042%	—	$13.4M	—	as long as short
MEXC BNB_USDT	+0.0067%	8h	788.20	−0.024%	$80.9M	$12.1M	200x	as long as short
Binance BNBUSDT	+0.0067%	8h	787.95	−0.056%	$490.4M	$816.1M	75x	as long as short
Phemex BNBUSDT	+0.0068%	8h	788.06	−0.042%	$68.9M	$50.9M	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_BNBUSD	+0.0069%	1h	787.27	−0.141%	$2.5M	$1.2M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0080%	1h	788.38	−0.001%	$569K	$1.9M	50x	as long as short
Lighter BNB	+0.0096%	1h	787.62	−0.097%	$2.7M	$3.9M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	787.50	−0.113%	$265K	$471K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	787.75	−0.081%	$1.4M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	787.98	−0.052%	$51.6M	$17.6M	10x	as long as short
Pacifica BNB	+0.0100%	1h	787.88	−0.065%	$1.2M	$933K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	787.40	−0.126%	$138.6M	$75.1M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	787.10	−0.164%	$53.6M	$113.1M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	787.90	−0.062%	$52K	$129K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	787.25	−0.145%	$36.9M	$59.7M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	787.66	−0.093%	$27.7M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	786.89	−0.190%	$76.2M	$31.1M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	787.67	−0.091%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	787.80	−0.074%	$4.0M	$4.8M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	788.57	+0.023%	$4.1M	$76.0M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	788.84	+0.057%	$159K	$436K	50x	as long as short
Polymarket Perps BNB-USDshort	+0.0100%	1h	787.52	−0.110%	$132K	$951K	10x
Derive BNB-PERP	+0.0100%	1h	787.69	−0.089%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	788.03	−0.045%	$12K	$1.5M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	788.12	−0.034%	$8.0M	$10.1M	75x	as long as short
Paradex BNB-USD-PERP	+0.0101%	8h	788.06	−0.042%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	787.22	−0.149%	$1.8M	$6.2M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	787.50	−0.113%	$378K	$110K	10x	as long as short
SoDEX BNB-USD	+0.0106%	1h	787.70	−0.088%	$387K	$987K	10x	as long as short
Phoenix BNB	+0.0107%	1h	788.39	0.000%	$169K	$35K	10x	as long as short
dYdX BNB-USD	+0.0125%	1h	787.75	−0.081%	$160K	$62K	10x	as long as short
Kalshi KXBNBPERP	+0.0139%	8h	788.30	−0.011%	$164K	$2.7M	4.8x	as long as short
BloFin BNB-USDT	+0.0187%	8h	788.55	+0.020%	$17.7M	$2.2M	75x	as long as short
GRVT BNB_USDT_Perp	+0.0224%	8h	788.73	+0.043%	$2.9M	$29.5M	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	787.92	−0.059%	$1.5M	$143K	25x	as long as short
01 Exchange BNBUSD	+0.0304%	1h	788.08	−0.039%	$28K	$4K	10x	as long as short
Reya BNBRUSDPERP	+0.0323%	1h	787.35	−0.132%	$6K	$3K	40x	as long as short
Bulk BNB-USD	+0.0339%	1h	788.57	+0.023%	$639K	$4K	10x	as long as short
RISEx BNB/USDC	+0.0432%	1h	787.93	−0.058%	$1.1M	$910K	20x	as long as short
Hibachi BNB/USDT-P	+0.0560%	1h	788.29	−0.013%	$67K	$39K	12x	as long as short