Funding you earn now, next payment 07:00 UTC+0.0518%/8h= +56.7% APRnext payment +$0.65 per $10,000 · paid last 24h +0.088%
Price spread now: RISEx against Hotstuff−0.020%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. RISEx is 0.020% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.020% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 3 hours of funding at the current rate (+$16 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff BNB-PERP | 786.28 | −0.0080 | get 0.0010% / 1h | 34m 58s | $4K | $42 | 25x |
| Short | RISEx BNB/USDC | 786.12 | 0.0438 | get 0.0055% / 1h | 34m 58s | $1.1M | $913K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against Hotstuff. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $108.81
- Price spread: −0.020% → 0.000%
- −$2.03
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $95.77
- Costs to cover
- 0.110%
- Break-even
- 0.8 days
Slippage unknown: Hotstuff: no order-book sample; RISEx: live order book, 4 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 RISEx live order book, 4 min ago | 0.06 bp | 3.1 bp −$3 | 6.6 bp −$66 | 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 −0.0170% / S +0.0337% | 1h | 785.92 | −0.046% | $43K | — | 200x | as long as short |
| Hotstuff BNB-PERPlong | −0.0080% | 1h | 786.28 | long leg | $4K | $42 | 25x | |
| StandX BNB-USD | 0.0000% | 1h | 786.90 | +0.079% | $849K | $2.8M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 785.72 | −0.071% | $9.5M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.392% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0049% | 8h | 786.55 | +0.034% | $6.0M | $18.8M | 200x | as long as short |
| BingX BNB-USDT | +0.0052% | 8h | 786.08 | −0.025% | — | $22.3M | — | as long as short |
| MEXC BNB_USDT | +0.0064% | 8h | 787.10 | +0.104% | $81.0M | $12.0M | 200x | as long as short |
| Binance BNBUSDT | +0.0064% | 8h | 786.49 | +0.027% | $490.0M | $814.8M | 75x | as long as short |
| dYdX BNB-USD | +0.0064% | 1h | 785.68 | −0.077% | $159K | $62K | 10x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex BNBUSDT | +0.0075% | 8h | 786.48 | +0.025% | $68.8M | $51.0M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0080% | 1h | 786.88 | +0.076% | $568K | $1.9M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 786.08 | −0.025% | $2.7M | $3.8M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 785.75 | −0.068% | $1.4M | $2.7M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 786.48 | +0.025% | $51.5M | $17.6M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 786.24 | −0.005% | $1.2M | $933K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 785.78 | −0.064% | $138.3M | $75.2M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 785.70 | −0.074% | $53.4M | $112.9M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 786.10 | −0.023% | $52K | $129K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 785.95 | −0.042% | $37.3M | $58.9M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 785.59 | −0.088% | $27.6M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 785.85 | −0.055% | $76.1M | $31.1M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 786.40 | +0.015% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 785.51 | −0.098% | $4.0M | $4.8M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 786.54 | +0.034% | $4.1M | $75.9M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 786.24 | −0.005% | $158K | $437K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 785.78 | −0.064% | $131K | $949K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 785.93 | −0.045% | $264K | $470K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 786.03 | −0.032% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 786.41 | +0.017% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 786.10 | −0.023% | $386K | $983K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 786.10 | −0.023% | $8.0M | $10.1M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0101% | 8h | 786.59 | +0.039% | $78K | $18K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 785.57 | −0.091% | $1.8M | $6.1M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 785.91 | −0.047% | $378K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0135% | 1h | 786.29 | +0.001% | $169K | $35K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0135% | 8h | 786.40 | +0.015% | $171K | $2.7M | 4.8x | as long as short |
| BloFin BNB-USDT | +0.0184% | 8h | 786.45 | +0.022% | $17.7M | $2.2M | 75x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0206% | 1h | 785.87 | −0.052% | $2.5M | $1.2M | 50x | as long as short |
| GRVT BNB_USDT_Perp | +0.0228% | 8h | 786.80 | +0.066% | $2.9M | $29.5M | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0248% | 1h | 786.44 | +0.020% | $28K | $4K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 786.42 | +0.018% | $1.5M | $143K | 25x | as long as short |
| Bulk BNB-USD | +0.0305% | 1h | 787.08 | +0.102% | $638K | $4K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0322% | 1h | 785.61 | −0.085% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDCshort | +0.0438% | 1h | 786.12 | −0.020% | $1.1M | $913K | 20x | |
| Hibachi BNB/USDT-P | +0.0544% | 1h | 786.07 | −0.027% | $67K | $39K | 12x | as long as short |
RISEx BNB/USDC
GMX BNB/USD [WBTC.b-USDC]
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
Aster BNBUSDT
BingX BNB-USDT
MEXC BNB_USDT
Binance BNBUSDT
Phemex BNBUSDT
Coinbase International BNB-PERP-INTX
Lighter BNB
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Phoenix BNB
Kalshi KXBNBPERP
BloFin BNB-USDT
Kraken Futures PF_BNBUSD
GRVT BNB_USDT_Perp
01 Exchange BNBUSD
Deribit BNB_USDC-PERPETUAL
Bulk BNB-USD