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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0541%/8h= −59.2% APRnext payment $0.68 per $10,000 · paid last 24h −0.072%
Price spread now: Hotstuff against RISEx+0.096%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 4 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 0.096% dearer against RISEx than usual: you sell high and buy low (spread +0.096% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 14 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx BNB/USDC789.700.0461pay 0.0058% / 1h50m 13s$1.1M$975K20x
ShortHotstuff BNB-PERP790.46−0.0080pay 0.0010% / 1h50m 13s$4K$4225x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against RISEx. 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
−$113.53
Price spread: +0.096% → 0.000%
$9.62
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$114.9
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: RISEx: live order book, 3 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 RISEx live order book, 3 min ago1.01 bp4.1 bp −$47.7 bp −$77doesn't fitdoesn'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 −0.0183% / S +0.0348%1h789.31−0.050%$46K200xas long as short
Hotstuff BNB-PERPshort−0.0080%1h790.46+0.096%$4K$4225x
StandX BNB-USD0.0000%1h790.22+0.066%$854K$3.2M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h789.29−0.051%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.949%$19K$789K30xas long as short
Aster BNBUSDT+0.0043%8h789.81+0.014%$6.1M$18.7M200xas long as short
BingX BNB-USDT+0.0056%8h789.44−0.033%$34.3Mas long as short
Coinbase International BNB-PERP-INTX+0.0064%1h790.64+0.119%$583K$1.9M50xas long as short
MEXC BNB_USDT+0.0068%8h789.90+0.025%$80.2M$12.2M200xas long as short
Binance BNBUSDT+0.0068%8h789.78+0.011%$492.7M$789.7M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0071%8h789.95+0.032%$69.1M$50.0M50xas long as short
Lighter BNB+0.0096%1h789.41−0.036%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h789.27−0.054%$265K$498K50xas long as short
Nado BNB-PERP+0.0100%1h789.75+0.006%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h789.88+0.023%$51.8M$17.5M10xas long as short
Pacifica BNB+0.0100%1h789.76+0.008%$1.2M$931K20xas long as short
Bybit BNBUSDT+0.0100%8h788.90−0.101%$138.8M$74.9M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h788.90−0.101%$53.4M$111.3M50xas long as short
Arcus BNB-USD+0.0100%1h789.60−0.013%$52K$130K10xas long as short
Gate BNB_USDT+0.0100%8h789.25−0.057%$35.4M$56.5M75xas long as short
KuCoin BNBUSDTM+0.0100%8h789.18−0.066%$27.6M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h788.96−0.094%$76.4M$30.4M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h790.02+0.041%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h789.11−0.074%$4.1M$4.6Mas long as short
edgeX BNBUSDC+0.0100%4h790.98+0.162%$4.1M$74.4M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h790.67+0.123%$159K$441K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h789.42−0.035%$133K$952K10xas long as short
Derive BNB-PERP+0.0100%1h789.37−0.042%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h789.90+0.026%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h789.40−0.038%$388K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h789.95+0.032%$8.1M$9.3M75xas long as short
Paradex BNB-USD-PERP+0.0101%8h790.05+0.045%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h788.79−0.115%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h789.32−0.048%$379K$110K10xas long as short
dYdX BNB-USD+0.0108%1h789.76+0.007%$160K$64K10xas long as short
Phoenix BNB+0.0117%1h790.37+0.085%$170K$35K10xas long as short
GRVT BNB_USDT_Perp+0.0138%8h791.19+0.189%$3.0M$28.0M10xas long as short
Kalshi KXBNBPERP+0.0183%8h790.30+0.076%$113K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0188%8h789.97+0.034%$18.2M$2.2M75xas long as short
01 Exchange BNBUSD+0.0224%1h789.82+0.015%$28K$4K10xas long as short
Kraken Futures PF_BNBUSD+0.0263%1h789.06−0.081%$2.5M$1.2M50xas long as short
Bulk BNB-USD+0.0296%1h791.64+0.246%$641K$9K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h789.74+0.005%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0326%1h788.95−0.095%$6K$3K40xas long as short
RISEx BNB/USDClong+0.0461%1h789.70long leg$1.1M$975K20x
Hibachi BNB/USDT-P+0.0544%1h789.84+0.018%$67K$38K12xas long as short