Funding you earn now, next payment 01:00 UTC−0.0180%/8h= −19.7% APRpaid last 24h −0.054%
Price spread now: Hotstuff against Paradex−0.027%7-day average — · you buy dearer than you sell
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
=Together, before fees—+ Points / potential airdropParadex: Active · Hotstuff: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Hotstuff is 0.027% cheaper against Paradex than usual: you would sell low and buy high (−$3 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 | Paradex BNB-USD-PERP | 798.76 | 0.0100 | pay 0.0100% / 8h | 7h 16m | $78K | $18K | 50x |
| Short | Hotstuff BNB-PERP | 798.55 | −0.0080 | pay 0.0010% / 1h | 16m 45s | $4K | $239 | 25x |
Paradex BNB-USD-PERP
Hotstuff BNB-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against Paradex. 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
- −$37.81
- Price spread: −0.027% → 0.000%
- −$2.65
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$49.47
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Paradex: 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Paradex 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 +0.0334% | 1h | 797.96 | −0.100% | $47K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0121% | 1h | 797.97 | −0.100% | $2.5M | $1.0M | 50x | as long as short |
| Hotstuff BNB-PERPshort | −0.0080% | 1h | 798.55 | −0.027% | $4K | $239 | 25x | |
| BingX BNB-USDC | −0.0004% | 8h | 797.56 | −0.150% | — | $13.3M | — | as long as short |
| Gate BNB_USDT | −0.0003% | 8h | 798.25 | −0.064% | $35.9M | $56.8M | 75x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 798.85 | +0.011% | $3.0M | $27.9M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 799.12 | +0.045% | $864K | $2.9M | 30x | as long as short |
| Variational Omni BNB | +0.0004% | 8h | 797.72 | −0.131% | $4.1M | $5.0M | — | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 798.02 | −0.093% | $9.7M | — | 150x | as long as short |
| Phemex BNBUSDT | +0.0028% | 8h | 798.75 | −0.001% | $69.7M | $50.2M | 50x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
BingX BNB-USDC
Gate BNB_USDT
GRVT BNB_USDT_Perp
StandX BNB-USD
Variational Omni BNB
gTrade (Gains Network) BNB/USD
Phemex BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BNBUSDT | +0.0030% | 8h | 798.55 | −0.027% | $138.7M | $76.3M | 75x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +0.792% | $19K | $789K | 30x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0048% | 1h | 799.07 | +0.039% | $615K | $1.1M | 50x | as long as short |
| Aster BNBUSDT | +0.0052% | 8h | 799.08 | +0.039% | $6.1M | $19.4M | 200x | as long as short |
| Binance BNBUSDT | +0.0075% | 8h | 799.40 | +0.080% | $496.3M | $810.9M | 75x | as long as short |
| MEXC BNB_USDT | +0.0075% | 8h | 799.50 | +0.092% | $83.1M | $13.7M | 200x | as long as short |
| Lighter BNB | +0.0096% | 1h | 798.88 | +0.015% | $2.8M | $4.0M | 20x | as long as short |
| Phoenix BNB | +0.0099% | 1h | 799.13 | +0.046% | $172K | $36K | 10x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 798.00 | −0.095% | $1.5M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 798.98 | +0.027% | $1.2M | $937K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 798.60 | −0.020% | $54.2M | $110.9M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 798.50 | −0.033% | $53K | $133K | 10x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 798.40 | −0.045% | $27.9M | $10.0M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 798.21 | −0.069% | $78.2M | $28.1M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 798.91 | +0.018% | $4.2M | $76.7M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 798.95 | +0.024% | $161K | $435K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 798.16 | −0.075% | $113K | $884K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 798.01 | −0.094% | $386K | $459K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 798.16 | −0.076% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 798.71 | −0.007% | $13K | $1.6M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 798.20 | −0.070% | $392K | $997K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 797.76 | −0.125% | $8.2M | $8.3M | 75x | as long as short |
| Paradex BNB-USD-PERPlong | +0.0100% | 8h | 798.76 | long leg | $78K | $18K | 50x | |
| Extended BNB-USD | +0.0104% | 1h | 798.13 | −0.080% | $1.8M | $6.0M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 798.00 | −0.096% | $383K | $110K | 10x | as long as short |
| Bulk BNB-USD | +0.0138% | 1h | 797.80 | −0.120% | $648K | $10K | 10x | as long as short |
| RISEx BNB/USDC | +0.0155% | 1h | 798.29 | −0.058% | $1.1M | $1.4M | 20x | as long as short |
| Kalshi KXBNBPERP | +0.0158% | 8h | 798.70 | −0.008% | $90K | $2.8M | 4.8x | as long as short |
| BloFin BNB-USDT | +0.0195% | 8h | 798.84 | +0.010% | $18.1M | $2.6M | 75x | as long as short |
| dYdX BNB-USD | +0.0198% | 1h | 798.51 | −0.031% | $161K | $63K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0200% | 1h | 798.58 | −0.023% | $28K | $1K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 798.45 | −0.039% | $1.6M | $161K | 25x | as long as short |
| Hibachi BNB/USDT-P | +0.0280% | 1h | 797.79 | −0.122% | $68K | $38K | 12x | as long as short |
| Hyperliquid BNB | +0.0293% | 1h | 799.38 | +0.077% | $53.1M | $20.3M | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0330% | 1h | 797.76 | −0.125% | $6K | $3K | 40x | as long as short |
| Backpack BNB_USDC_PERP | +0.0426% | 1h | 799.14 | +0.047% | $2.7M | $5.7M | 40x | as long as short |
Bybit BNBUSDT
Injective BNB/USDC PERP
Coinbase International BNB-PERP-INTX
Aster BNBUSDT
Binance BNBUSDT
MEXC BNB_USDT
Lighter BNB
Phoenix BNB
Nado BNB-PERP
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Extended BNB-USD
Aevo BNB-PERP
Bulk BNB-USD
RISEx BNB/USDC
Kalshi KXBNBPERP
BloFin BNB-USDT
dYdX BNB-USD
01 Exchange BNBUSD
Deribit BNB_USDC-PERPETUAL
Hibachi BNB/USDT-P
Hyperliquid BNB
Reya BNBRUSDPERP
Backpack BNB_USDC_PERP