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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0180%/8h= −19.7% APRpaid last 24h −0.054%
Price spread now: Hotstuff against HTX+0.043%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 · farm boardneeds both histories
The price spread pays, funding is against you. Hotstuff is 0.043% dearer against HTX than usual: you sell high and buy low (spread +0.043% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 19 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BNB-USDT786.830.0100pay 0.0100% / 8h6h 21m$8.0M$10.2M75x
ShortHotstuff BNB-PERP787.17−0.0080pay 0.0010% / 1h21m 54s$4K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against HTX. 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: +0.043% → 0.000%
$4.3
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$50.5
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 5 min ago; Hotstuff: no order-book sample. 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 HTX live order book, 5 min ago1.54 bp10.4 bp −$1012.8 bp −$12837.5 bp −$3,751doesn't fit
Sell Hotstuff no order-book sample
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 45 exchanges

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 −0.0166% / S +0.0336%1h787.36+0.067%$43K200xas long as short
Hotstuff BNB-PERPshort−0.0080%1h787.17+0.043%$4K25x
Aster BNBUSDT0.0000%8h787.91+0.138%$5.9M$17.5M200xas long as short
GRVT BNB_USDT_Perp0.0000%8h787.47+0.082%$2.9M$26.2M10xas long as short
Kalshi KXBNBPERP0.0000%8h787.40+0.072%$177K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h786.99+0.020%$849K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h787.33+0.063%$9.5M150xas long as short
MEXC BNB_USDT+0.0020%8h789.00+0.276%$83.3M$12.2M200xas long as short
Binance BNBUSDT+0.0020%8h787.92+0.138%$482.1M$784.5M75xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.320%$19K$789K30xas long as short
Show all 45 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BNBUSD+0.0035%1h787.32+0.062%$2.5M$1.3M50xas long as short
Bybit BNBUSDT+0.0077%8h786.97+0.018%$138.6M$69.1M75xas long as short
BloFin BNB-USDT+0.0081%8h787.52+0.087%$17.6M$2.2M75xas long as short
Phemex BNBUSDT+0.0086%8h788.00+0.148%$68.5M$51.1M50xas long as short
Phoenix BNB+0.0094%1h787.81+0.124%$158K$45K10xas long as short
Lighter BNB+0.0096%1h787.49+0.084%$2.7M$3.4M20xas long as short
Nado BNB-PERP+0.0100%1h787.17+0.043%$1.4M$2.5M20xas long as short
Hyperliquid BNB+0.0100%1h787.95+0.142%$51.8M$17.0M10xas long as short
Pacifica BNB+0.0100%1h787.30+0.059%$1.2M$940K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h787.10+0.034%$53.4M$105.4M50xas long as short
Arcus BNB-USD+0.0100%1h787.50+0.085%$57K$122K10xas long as short
Gate BNB_USDT+0.0100%8h787.20+0.047%$40.7M$55.2M75xas long as short
KuCoin BNBUSDTM+0.0100%8h787.22+0.049%$28.2M$9.7M75xas long as short
Bitget BNBUSDT+0.0100%8h786.98+0.019%$75.6M$32.3M75xas long as short
BingX BNB-USDC+0.0100%8h787.37+0.068%$13.4Mas long as short
Backpack BNB_USDC_PERP+0.0100%1h787.51+0.086%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h786.29−0.069%$4.3M$4.6Mas long as short
edgeX BNBUSDC+0.0100%4h787.43+0.076%$4.1M$75.4M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h787.16+0.042%$158K$444K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h787.41+0.073%$130K$911K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.38+0.070%$264K$300K50xas long as short
SunX BNB-USDT+0.0100%8h788.01+0.149%$12K$1.4M50xas long as short
SoDEX BNB-USD+0.0100%1h787.60+0.098%$387K$929K10xas long as short
HTX BNB-USDTlong+0.0100%8h786.83long leg$8.0M$10.2M75x
Paradex BNB-USD-PERP+0.0100%8h787.74+0.115%$78K$337K50xas long as short
Extended BNB-USD+0.0104%1h786.86+0.004%$1.8M$5.8M50xas long as short
Aevo BNB-PERP+0.0104%1h787.40+0.072%$378K$110K10xas long as short
Coinbase International BNB-PERP-INTX+0.0136%1h786.42−0.052%$544K$1.9M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h787.75+0.117%$1.5M$158K25xas long as short
Bulk BNB-USD+0.0212%1h787.70+0.111%$638K$010xas long as short
01 Exchange BNBUSD+0.0240%1h787.72+0.113%$28K$3K10xas long as short
Reya BNBRUSDPERP+0.0318%1h787.02+0.024%$6K$3K40xas long as short
RISEx BNB/USDC+0.0345%1h787.78+0.121%$1.1M$910K20xas long as short
Hibachi BNB/USDT-P+0.0352%1h786.94+0.014%$67K$38K12xas long as short
dYdX BNB-USD+0.0379%1h786.56−0.034%$158K$38K10xas long as short