BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0180%/8h= −19.7% APRnext payment −$0.23 per $10,000 · paid last 24h −0.054%

Price spread now: Hotstuff against Polymarket Perps+0.077%7-day average — · you sell dearer than you buy

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

Long on Polymarket Perps 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

The price spread pays, funding is against you. Hotstuff is 0.077% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.077% 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 34 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps BNB-USD	804.40	0.0100	pay 0.0013% / 1h	57m 50s	$118K	$871K	10x
Short	Hotstuff BNB-PERP	805.02	−0.0080	pay 0.0010% / 1h	57m 50s	$4K	$1K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Polymarket Perps. 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 Polymarket PerpsbpFee HotstuffbpOrdersPrice spread, now +0.077%Rate

Funding earned: −$37.8
Price spread: +0.077% → 0.000%: $7.71
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$43.09
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: live order book, 30 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 Polymarket Perps live order book, 30 min ago	2.74 bp	6.7 bp −$7	7.3 bp −$73	doesn't fit	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 −0.0195% / S +0.0371%	1h	804.07	−0.042%	$49K	—	200x	as long as short
Hotstuff BNB-PERPshort	−0.0080%	1h	805.02	+0.077%	$4K	$1K	25x
GRVT BNB_USDT_Perp	0.0000%	8h	804.89	+0.061%	$3.0M	$30.3M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	805.10	+0.087%	$110K	$2.6M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	804.96	+0.070%	$870K	$3.0M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	804.22	−0.023%	$9.8M	—	150x	as long as short
Kraken Futures PF_BNBUSD	+0.0038%	1h	803.89	−0.063%	$2.5M	$916K	50x	as long as short
Variational Omni BNB	+0.0067%	8h	804.96	+0.070%	$4.1M	$5.4M	—	as long as short
Coinbase International BNB-PERP-INTX	+0.0088%	1h	805.24	+0.104%	$609K	$902K	50x	as long as short
Aster BNBUSDT	+0.0090%	8h	804.46	+0.007%	$6.4M	$19.0M	200x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter BNB	+0.0096%	1h	804.17	−0.028%	$2.8M	$4.2M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	804.38	−0.002%	$1.4M	$2.8M	20x	as long as short
Pacifica BNB	+0.0100%	1h	804.92	+0.065%	$1.2M	$923K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	803.50	−0.112%	$139.1M	$83.3M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	803.60	−0.099%	$55.0M	$115.9M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	804.90	+0.062%	$52K	$191K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	803.65	−0.093%	$36.0M	$58.0M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	803.63	−0.096%	$28.1M	$10.5M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	803.42	−0.122%	$79.1M	$24.7M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	805.07	+0.083%	$4.2M	$76.8M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	805.12	+0.090%	$159K	$437K	50x	as long as short
Polymarket Perps BNB-USDlong	+0.0100%	1h	804.40	long leg	$118K	$871K	10x
Orderly PERP_BNB_USDC	+0.0100%	8h	804.16	−0.030%	$389K	$596K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	804.34	−0.007%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	805.21	+0.100%	$13K	$1.7M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	804.10	−0.037%	$395K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	803.82	−0.072%	$8.2M	$7.3M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	805.30	+0.112%	$79K	$19K	50x	as long as short
MEXC BNB_USDT	+0.0102%	8h	804.90	+0.062%	$84.5M	$13.5M	200x	as long as short
BingX BNB-USDT	+0.0102%	8h	803.95	−0.056%	—	$34.5M	—	as long as short
Binance BNBUSDT	+0.0102%	8h	804.38	−0.002%	$519.0M	$809.6M	75x	as long as short
Extended BNB-USD	+0.0104%	1h	803.46	−0.117%	$1.9M	$6.1M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	804.16	−0.030%	$386K	$40K	10x	as long as short
Phoenix BNB	+0.0110%	1h	805.39	+0.123%	$173K	$35K	10x	as long as short
Phemex BNBUSDT	+0.0114%	8h	804.61	+0.026%	$70.2M	$51.7M	50x	as long as short
Bulk BNB-USD	+0.0140%	1h	805.09	+0.085%	$650K	$11K	10x	as long as short
dYdX BNB-USD	+0.0178%	1h	805.30	+0.112%	$170K	$55K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	804.46	+0.008%	$1.6M	$160K	25x	as long as short
RISEx BNB/USDC	+0.0209%	1h	804.99	+0.073%	$1.1M	$1.4M	20x	as long as short
Hyperliquid BNB	+0.0209%	1h	804.53	+0.016%	$51.7M	$21.3M	10x	as long as short
BloFin BNB-USDT	+0.0222%	8h	805.45	+0.131%	$18.9M	$3.1M	75x	as long as short
Hibachi BNB/USDT-P	+0.0240%	1h	805.02	+0.077%	$71K	$49K	12x	as long as short
01 Exchange BNBUSD	+0.0312%	1h	805.31	+0.113%	$28K	$1K	10x	as long as short
Reya BNBRUSDPERP	+0.0335%	1h	804.09	−0.038%	$6K	$3K	40x	as long as short
Injective BNB/USDC PERP	+0.0353%	1h	804.92	+0.065%	$19K	$526K	30x	as long as short
Backpack BNB_USDC_PERP	+0.0669%	1h	804.87	+0.058%	$3.0M	$5.3M	40x	as long as short