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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0080%/8h= +8.8% APRnext payment +$0.10 per $10,000 · paid last 24h +0.024%
Price spread now: StandX against Hotstuff+0.061%7-day average · you sell dearer than you buy
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 4 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 · StandX: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and StandX is 0.061% dearer against Hotstuff than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff BNB-PERP785.87−0.0080get 0.0010% / 1h39m 20s$4K25x
ShortStandX BNB-USD786.350get 0.0000% / 1h39m 20s$848K$2.7M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
$16.8
Price spread: +0.061% → 0.000%
$6.11
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee StandX: 4 bp × 2 orders
−$8
Net
$9.91
Costs to cover
0.130%
Break-even
2.9 days
Slippage unknown: Hotstuff: no order-book sample; StandX: live order book, 5 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 StandX live order book, 5 min ago3.24 bp11.8 bp −$1214.3 bp −$14355.7 bp −$5,572doesn'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 −0.0168% / S +0.0337%1h785.49−0.048%$43K200xas long as short
Hotstuff BNB-PERPlong−0.0080%1h785.87long leg$4K25x
Kraken Futures PF_BNBUSD−0.0021%1h785.47−0.051%$2.5M$1.2M50xas long as short
GRVT BNB_USDT_Perp0.0000%8h786.60+0.093%$3.0M$27.6M10xas long as short
StandX BNB-USDshort0.0000%1h786.35+0.061%$848K$2.7M30x
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h785.54−0.042%$9.5M150xas long as short
Aster BNBUSDT+0.0024%8h786.09+0.028%$6.0M$18.5M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.446%$19K$789K30xas long as short
BingX BNB-USDC+0.0035%8h785.83−0.005%$13.4Mas long as short
MEXC BNB_USDT+0.0040%8h787.10+0.157%$82.4M$12.2M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0040%8h786.06+0.024%$488.7M$812.5M75xas long as short
Lighter BNB+0.0096%1h785.61−0.033%$2.7M$3.6M20xas long as short
Nado BNB-PERP+0.0100%1h785.60−0.034%$1.3M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h786.19+0.041%$51.6M$17.5M10xas long as short
Pacifica BNB+0.0100%1h785.86−0.002%$1.2M$937K20xas long as short
Bybit BNBUSDT+0.0100%8h785.40−0.060%$138.3M$73.2M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h785.40−0.060%$53.4M$110.9M50xas long as short
Arcus BNB-USD+0.0100%1h785.90+0.004%$52K$125K10xas long as short
Gate BNB_USDT+0.0100%8h785.50−0.047%$39.3M$55.6M75xas long as short
KuCoin BNBUSDTM+0.0100%8h785.22−0.083%$27.7M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h785.34−0.067%$75.3M$32.5M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h786.12+0.032%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h785.22−0.083%$4.3M$4.9Mas long as short
edgeX BNBUSDC+0.0100%4h786.07+0.025%$4.1M$76.1M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h786.08+0.027%$158K$440K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h785.85−0.003%$131K$942K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h785.58−0.037%$264K$358K50xas long as short
Derive BNB-PERP+0.0100%1h785.66−0.027%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h786.37+0.064%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h785.70−0.022%$386K$944K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h785.95+0.011%$1.5M$141K25xas long as short
HTX BNB-USDT+0.0100%8h785.75−0.016%$8.0M$10.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h786.03+0.021%$78K$17K50xas long as short
Extended BNB-USD+0.0104%1h785.14−0.092%$1.8M$5.8M50xas long as short
Aevo BNB-PERP+0.0104%1h785.47−0.051%$377K$110K10xas long as short
Kalshi KXBNBPERP+0.0112%8h786.10+0.029%$159K$2.6M4.8xas long as short
dYdX BNB-USD+0.0115%1h785.69−0.022%$157K$64K10xas long as short
Coinbase International BNB-PERP-INTX+0.0120%1h786.59+0.092%$548K$1.9M50xas long as short
Phoenix BNB+0.0120%1h786.53+0.084%$158K$38K10xas long as short
BloFin BNB-USDT+0.0160%8h786.05+0.023%$17.8M$2.2M75xas long as short
Phemex BNBUSDT+0.0168%8h786.12+0.032%$68.5M$51.2M50xas long as short
Bulk BNB-USD+0.0215%1h787.68+0.230%$638K$83110xas long as short
01 Exchange BNBUSD+0.0232%1h786.06+0.024%$28K$3K10xas long as short
Reya BNBRUSDPERP+0.0319%1h785.21−0.084%$6K$3K40xas long as short
RISEx BNB/USDC+0.0355%1h786.00+0.016%$1.1M$911K20xas long as short
Hibachi BNB/USDT-P+0.0416%1h785.88+0.002%$67K$39K12xas long as short