BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0113%/8h= −12.4% APRnext payment −$0.14 per $10,000 · paid last 24h −0.050%

Price spread now: Hotstuff against Injective−1.574%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Hotstuff

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Hotstuff is 1.574% cheaper against Injective than usual: you would sell low and buy high (−$157 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective BNB/USDC PERP	805.09	0.0033	pay 0.0004% / 1h	54m 41s	$19K	$789K	30x
Short	Hotstuff BNB-PERP	792.42	−0.0080	pay 0.0010% / 1h	54m 41s	$4K	$239	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Injective. 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 InjectivebpFee HotstuffbpOrdersPrice spread, now −1.574%Rate

Funding earned: −$23.8
Price spread: −1.574% → 0.000%: −$157.37
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$186.19
Costs to cover: 0.050%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Injective no order-book sample	—	—	—	—	—
Sell Hotstuff no order-book sample	—	—	—	—	—

Injective and 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 −0.0159% / S +0.0335%	1h	791.77	−1.655%	$47K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0132%	1h	791.57	−1.679%	$2.5M	$1.0M	50x	as long as short
Hotstuff BNB-PERPshort	−0.0080%	1h	792.42	−1.574%	$4K	$239	25x
Gate BNB_USDT	−0.0031%	8h	791.15	−1.731%	$35.5M	$54.9M	75x	as long as short
dYdX BNB-USD	0.0000%	1h	791.77	−1.654%	$160K	$63K	10x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	794.24	−1.348%	$3.0M	$28.1M	10x	as long as short
StandX BNB-USD	0.0000%	1h	794.95	−1.259%	$859K	$3.0M	30x	as long as short
Variational Omni BNB	+0.0006%	8h	791.53	−1.685%	$4.1M	$5.1M	—	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	791.78	−1.654%	$9.7M	—	150x	as long as short
Aster BNBUSDT	+0.0033%	8h	792.06	−1.619%	$6.1M	$19.9M	200x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective BNB/USDC PERPlong	+0.0033%	1h	805.09	long leg	$19K	$789K	30x
Bybit BNBUSDT	+0.0045%	8h	791.20	−1.725%	$137.7M	$77.0M	75x	as long as short
BingX BNB-USDT	+0.0045%	8h	791.46	−1.693%	—	$35.0M	—	as long as short
Phemex BNBUSDT	+0.0047%	8h	792.34	−1.584%	$69.2M	$50.4M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0056%	1h	791.91	−1.637%	$608K	$1.1M	50x	as long as short
MEXC BNB_USDT	+0.0062%	8h	792.10	−1.613%	$82.1M	$12.6M	200x	as long as short
Binance BNBUSDT	+0.0062%	8h	792.21	−1.600%	$492.3M	$817.3M	75x	as long as short
Lighter BNB	+0.0096%	1h	792.03	−1.622%	$2.8M	$3.8M	20x	as long as short
Phoenix BNB	+0.0099%	1h	794.51	−1.314%	$171K	$36K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	791.69	−1.664%	$383K	$468K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	791.80	−1.651%	$1.4M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	792.35	−1.582%	$52.5M	$19.8M	10x	as long as short
Pacifica BNB	+0.0100%	1h	791.94	−1.633%	$1.2M	$932K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	791.30	−1.713%	$53.2M	$110.5M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	791.60	−1.676%	$52K	$134K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	791.61	−1.674%	$27.7M	$10.0M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	791.10	−1.738%	$77.4M	$28.1M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	794.42	−1.326%	$4.1M	$76.1M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	794.47	−1.319%	$160K	$435K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	791.66	−1.668%	$112K	$889K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	791.87	−1.642%	$32K	$9K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	792.25	−1.595%	$13K	$1.6M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	791.90	−1.638%	$389K	$996K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	791.74	−1.658%	$8.1M	$8.5M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	791.80	−1.651%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	791.02	−1.748%	$1.7M	$6.0M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	791.82	−1.648%	$380K	$110K	10x	as long as short
RISEx BNB/USDC	+0.0131%	1h	791.39	−1.702%	$1.1M	$1.4M	20x	as long as short
Bulk BNB-USD	+0.0139%	1h	794.97	−1.257%	$646K	$10K	10x	as long as short
Kalshi KXBNBPERP	+0.0162%	8h	792.60	−1.551%	$95K	$2.8M	4.8x	as long as short
BloFin BNB-USDT	+0.0183%	8h	792.41	−1.575%	$18.1M	$2.5M	75x	as long as short
01 Exchange BNBUSD	+0.0208%	1h	792.42	−1.574%	$28K	$1K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	792.22	−1.599%	$1.5M	$161K	25x	as long as short
Reya BNBRUSDPERP	+0.0329%	1h	791.36	−1.705%	$6K	$3K	40x	as long as short
Hibachi BNB/USDT-P	+0.0424%	1h	792.32	−1.586%	$68K	$38K	12x	as long as short
Backpack BNB_USDC_PERP	+0.0465%	1h	792.74	−1.534%	$2.7M	$5.7M	40x	as long as short