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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
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
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 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 0.084% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BNB-USDT-SWAP799.100.0100pay 0.0100% / 8h29m 34s$54.4M$112.9M50x
ShortHotstuff BNB-PERP799.77−0.0080pay 0.0010% / 1h29m 34s$4K$1K25x

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 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: +0.084% → 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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 4 min ago0.63 bp5.6 bp −$67.4 bp −$7417.8 bp −$1,781doesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0201% / S +0.0372%1h799.59+0.061%$47K200xas long as short
Hotstuff BNB-PERPshort−0.0080%1h799.77+0.084%$4K$1K25x
Kraken Futures PF_BNBUSD−0.0074%1h799.30+0.025%$2.5M$972K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h800.28+0.148%$3.0M$28.0M10xas long as short
StandX BNB-USD0.0000%1h800.20+0.138%$865K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h799.57+0.059%$9.7M150xas long as short
Variational Omni BNB+0.0017%8h799.36+0.032%$4.1M$5.4Mas long as short
BingX BNB-USDT+0.0041%8h799.44+0.043%$34.8Mas long as short
Bybit BNBUSDT+0.0048%8h799.00−0.013%$138.6M$77.0M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h799.89+0.099%$606K$992K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0092%8h799.99+0.111%$6.3M$18.9M200xas long as short
Lighter BNB+0.0096%1h799.70+0.075%$2.8M$4.1M20xas long as short
Nado BNB-PERP+0.0100%1h799.07−0.004%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h799.57+0.059%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAPlong+0.0100%8h799.10long leg$54.4M$112.9M50x
Arcus BNB-USD+0.0100%1h799.70+0.075%$53K$133K10xas long as short
Gate BNB_USDT+0.0100%8h799.25+0.019%$35.8M$58.0M75xas long as short
KuCoin BNBUSDTM+0.0100%8h799.24+0.018%$28.0M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h799.16+0.008%$79.2M$27.4M75xas long as short
edgeX BNBUSDC+0.0100%4h800.41+0.164%$4.2M$76.8M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h800.53+0.179%$161K$441K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h799.25+0.019%$116K$875K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h799.49+0.049%$386K$497K50xas long as short
Derive BNB-PERP+0.0100%1h799.76+0.082%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h799.88+0.097%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h799.70+0.075%$393K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h799.50+0.050%$8.2M$8.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h800.01+0.113%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h798.92−0.023%$1.8M$6.5M50xas long as short
Aevo BNB-PERP+0.0104%1h799.73+0.078%$384K$40K10xas long as short
Phemex BNBUSDT+0.0112%8h800.01+0.114%$69.9M$50.6M50xas long as short
Binance BNBUSDT+0.0114%8h799.97+0.109%$499.5M$815.6M75xas long as short
MEXC BNB_USDT+0.0115%8h800.40+0.163%$83.1M$13.5M200xas long as short
Kalshi KXBNBPERP+0.0120%8h800.40+0.163%$110K$2.9M4.8xas long as short
Phoenix BNB+0.0127%1h800.12+0.128%$172K$36K10xas long as short
Hyperliquid BNB+0.0183%1h800.12+0.128%$51.8M$21.1M10xas long as short
Hibachi BNB/USDT-P+0.0184%1h799.67+0.071%$70K$44K12xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h799.98+0.110%$1.6M$165K25xas long as short
BloFin BNB-USDT+0.0236%8h800.28+0.148%$18.2M$2.5M75xas long as short
Bulk BNB-USD+0.0239%1h800.03+0.117%$650K$19K10xas long as short
RISEx BNB/USDC+0.0258%1h799.52+0.053%$1.1M$1.4M20xas long as short
01 Exchange BNBUSD+0.0304%1h800.03+0.116%$28K$1K10xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.750%$19K$789K30xas long as short
Reya BNBRUSDPERP+0.0331%1h798.95−0.018%$6K$3K40xas long as short
dYdX BNB-USD+0.0389%1h799.32+0.028%$161K$62K10xas long as short
Backpack BNB_USDC_PERP+0.0408%1h800.25+0.144%$2.7M$5.7M40xas long as short