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

BNB

all BNB markets
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Alert: funding
Measured
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 00:00 UTC−0.0180%/8h= −19.7% APRpaid last 24h −0.054%
Price spread now: Hotstuff against Orderly+0.036%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on OrderlyShort 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
The price spread pays, funding is against you. Hotstuff is 0.036% dearer against Orderly than usual: you sell high and buy low (spread +0.036% 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 16 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_BNB_USDC799.790.0100pay 0.0100% / 8h32m 04s$386K$497K50x
ShortHotstuff BNB-PERP800.08−0.0080pay 0.0010% / 1h32m 04s$4K$1K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against Orderly. 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: +0.036% → 0.000%
$3.63
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$45.17
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Orderly: 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
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample—————
Sell Hotstuff no order-book sample—————
Orderly 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0201% / S +0.0372%1h799.88+0.011%$48K—200xas long as short
Hotstuff BNB-PERPshort−0.0080%1h800.08+0.036%$4K$1K25x
Kraken Futures PF_BNBUSD−0.0074%1h799.66−0.016%$2.5M$972K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h800.99+0.150%$3.0M$28.0M10xas long as short
StandX BNB-USD0.0000%1h800.76+0.121%$865K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h799.89+0.012%$9.7M—150xas long as short
Variational Omni BNB+0.0021%8h799.96+0.021%$4.1M$5.4M—as long as short
BingX BNB-USDC+0.0045%8h799.86+0.009%—$13.3M—as long as short
Bybit BNBUSDT+0.0049%8h799.42−0.046%$138.7M$77.8M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h799.89+0.013%$606K$993K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0095%8h800.41+0.078%$6.3M$19.0M200xas long as short
Lighter BNB+0.0096%1h800.07+0.035%$2.8M$4.1M20xas long as short
Nado BNB-PERP+0.0100%1h799.66−0.017%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h800.09+0.038%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h799.50−0.036%$54.5M$113.0M50xas long as short
Arcus BNB-USD+0.0100%1h800.40+0.076%$53K$133K10xas long as short
Gate BNB_USDT+0.0100%8h799.60−0.024%$35.8M$57.9M75xas long as short
KuCoin BNBUSDTM+0.0100%8h799.60−0.024%$28.0M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h799.43−0.045%$79.3M$27.4M75xas long as short
edgeX BNBUSDC+0.0100%4h801.06+0.159%$4.2M$76.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h801.03+0.155%$161K$441K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h799.87+0.010%$117K$875K10xas long as short
Orderly PERP_BNB_USDClong+0.0100%8h799.79long leg$386K$497K50x
Derive BNB-PERP+0.0100%1h800.05+0.033%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h800.44+0.082%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h799.90+0.014%$393K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h800.02+0.029%$8.2M$8.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h800.43+0.080%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h799.32−0.059%$1.8M$6.5M50xas long as short
Aevo BNB-PERP+0.0104%1h799.93+0.017%$384K$40K10xas long as short
Phemex BNBUSDT+0.0111%8h800.39+0.075%$69.9M$50.6M50xas long as short
Binance BNBUSDT+0.0116%8h800.39+0.075%$499.8M$816.3M75xas long as short
MEXC BNB_USDT+0.0116%8h800.80+0.126%$83.1M$13.5M200xas long as short
Kalshi KXBNBPERP+0.0116%8h800.60+0.101%$110K$2.9M4.8xas long as short
Phoenix BNB+0.0127%1h800.57+0.098%$172K$36K10xas long as short
Hibachi BNB/USDT-P+0.0184%1h800.06+0.033%$70K$44K12xas long as short
Hyperliquid BNB+0.0187%1h800.50+0.089%$51.9M$21.1M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h800.32+0.066%$1.6M$165K25xas long as short
BloFin BNB-USDT+0.0237%8h800.43+0.080%$18.2M$2.5M75xas long as short
RISEx BNB/USDC+0.0258%1h800.21+0.052%$1.1M$1.4M20xas long as short
Bulk BNB-USD+0.0305%1h801.82+0.254%$651K$20K10xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.663%$19K$789K30xas long as short
01 Exchange BNBUSD+0.0312%1h800.68+0.111%$28K$1K10xas long as short
Reya BNBRUSDPERP+0.0332%1h799.42−0.046%$6K$3K40xas long as short
dYdX BNB-USD+0.0395%1h800.10+0.039%$161K$62K10xas long as short
Backpack BNB_USDC_PERP+0.0411%1h800.67+0.110%$2.7M$5.7M40xas long as short