Funding you earn now, next payment 00:00 UTC−0.0180%/8h= −19.7% APRpaid last 24h −0.054%
Price spread now: Hotstuff against OKX+0.084%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Hotstuff is 0.084% dearer against OKX than usual: you sell high and buy low (spread +0.084% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 37 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BNB-USDT-SWAP | 799.10 | 0.0100 | pay 0.0100% / 8h | 29m 34s | $54.4M | $112.9M | 50x |
| Short | Hotstuff BNB-PERP | 799.77 | −0.0080 | pay 0.0010% / 1h | 29m 34s | $4K | $1K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against OKX. 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
- −$37.8
- Price spread: +0.084% → 0.000%
- $8.38
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$44.42
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 4 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 4 min ago | 0.63 bp | 5.6 bp −$6 | 7.4 bp −$74 | 17.8 bp −$1,781 | doesn'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 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 −0.0201% / S +0.0372% | 1h | 799.59 | +0.061% | $47K | — | 200x | as long as short |
| Hotstuff BNB-PERPshort | −0.0080% | 1h | 799.77 | +0.084% | $4K | $1K | 25x | |
| Kraken Futures PF_BNBUSD | −0.0074% | 1h | 799.30 | +0.025% | $2.5M | $972K | 50x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 800.28 | +0.148% | $3.0M | $28.0M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 800.20 | +0.138% | $865K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 799.57 | +0.059% | $9.7M | — | 150x | as long as short |
| Variational Omni BNB | +0.0017% | 8h | 799.36 | +0.032% | $4.1M | $5.4M | — | as long as short |
| BingX BNB-USDT | +0.0041% | 8h | 799.44 | +0.043% | — | $34.8M | — | as long as short |
| Bybit BNBUSDT | +0.0048% | 8h | 799.00 | −0.013% | $138.6M | $77.0M | 75x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0072% | 1h | 799.89 | +0.099% | $606K | $992K | 50x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BNBUSDT | +0.0092% | 8h | 799.99 | +0.111% | $6.3M | $18.9M | 200x | as long as short |
| Lighter BNB | +0.0096% | 1h | 799.70 | +0.075% | $2.8M | $4.1M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 799.07 | −0.004% | $1.4M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 799.57 | +0.059% | $1.2M | $926K | 20x | as long as short |
| OKX BNB-USDT-SWAPlong | +0.0100% | 8h | 799.10 | long leg | $54.4M | $112.9M | 50x | |
| Arcus BNB-USD | +0.0100% | 1h | 799.70 | +0.075% | $53K | $133K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 799.25 | +0.019% | $35.8M | $58.0M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 799.24 | +0.018% | $28.0M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 799.16 | +0.008% | $79.2M | $27.4M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 800.41 | +0.164% | $4.2M | $76.8M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 800.53 | +0.179% | $161K | $441K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 799.25 | +0.019% | $116K | $875K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 799.49 | +0.049% | $386K | $497K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 799.76 | +0.082% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 799.88 | +0.097% | $13K | $1.7M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 799.70 | +0.075% | $393K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 799.50 | +0.050% | $8.2M | $8.0M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 800.01 | +0.113% | $78K | $19K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 798.92 | −0.023% | $1.8M | $6.5M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 799.73 | +0.078% | $384K | $40K | 10x | as long as short |
| Phemex BNBUSDT | +0.0112% | 8h | 800.01 | +0.114% | $69.9M | $50.6M | 50x | as long as short |
| Binance BNBUSDT | +0.0114% | 8h | 799.97 | +0.109% | $499.5M | $815.6M | 75x | as long as short |
| MEXC BNB_USDT | +0.0115% | 8h | 800.40 | +0.163% | $83.1M | $13.5M | 200x | as long as short |
| Kalshi KXBNBPERP | +0.0120% | 8h | 800.40 | +0.163% | $110K | $2.9M | 4.8x | as long as short |
| Phoenix BNB | +0.0127% | 1h | 800.12 | +0.128% | $172K | $36K | 10x | as long as short |
| Hyperliquid BNB | +0.0183% | 1h | 800.12 | +0.128% | $51.8M | $21.1M | 10x | as long as short |
| Hibachi BNB/USDT-P | +0.0184% | 1h | 799.67 | +0.071% | $70K | $44K | 12x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 799.98 | +0.110% | $1.6M | $165K | 25x | as long as short |
| BloFin BNB-USDT | +0.0236% | 8h | 800.28 | +0.148% | $18.2M | $2.5M | 75x | as long as short |
| Bulk BNB-USD | +0.0239% | 1h | 800.03 | +0.117% | $650K | $19K | 10x | as long as short |
| RISEx BNB/USDC | +0.0258% | 1h | 799.52 | +0.053% | $1.1M | $1.4M | 20x | as long as short |
| 01 Exchange BNBUSD | +0.0304% | 1h | 800.03 | +0.116% | $28K | $1K | 10x | as long as short |
| Injective BNB/USDC PERP | +0.0306% | 1h | 805.09 | +0.750% | $19K | $789K | 30x | as long as short |
| Reya BNBRUSDPERP | +0.0331% | 1h | 798.95 | −0.018% | $6K | $3K | 40x | as long as short |
| dYdX BNB-USD | +0.0389% | 1h | 799.32 | +0.028% | $161K | $62K | 10x | as long as short |
| Backpack BNB_USDC_PERP | +0.0408% | 1h | 800.25 | +0.144% | $2.7M | $5.7M | 40x | as long as short |
OKX BNB-USDT-SWAP
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
GRVT BNB_USDT_Perp
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Variational Omni BNB
BingX BNB-USDT
Bybit BNBUSDT
Coinbase International BNB-PERP-INTX
Aster BNBUSDT
Lighter BNB
Pacifica BNB
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
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
Phemex BNBUSDT
Binance BNBUSDT
MEXC BNB_USDT
Kalshi KXBNBPERP
Phoenix BNB
Hyperliquid BNB
Deribit BNB_USDC-PERPETUAL
BloFin BNB-USDT
Bulk BNB-USD
RISEx BNB/USDC
01 Exchange BNBUSD
Injective BNB/USDC PERP
Backpack BNB_USDC_PERP