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−0.0080%/8h= −8.8% APRnext payment $0.10 per $10,000 · paid last 24h −0.024%
Price spread now: Hotstuff against StandX−0.091%7-day average · you buy dearer than you sell
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 airdropStandX: Active · Hotstuff: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Hotstuff is 0.091% cheaper against StandX than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX BNB-USD800.780get 0.0000% / 1h31m 16s$865K$2.9M30x
ShortHotstuff BNB-PERP800.05−0.0080pay 0.0010% / 1h31m 16s$4K$1K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against StandX. 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
−$16.8
Price spread: −0.091% → 0.000%
−$9.12
Slippage, 4 orders
no order book: not counted
Fee StandX: 4 bp × 2 orders
−$8
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$38.92
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: StandX: 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 StandX live order book, 3 min ago5.00 bp9.4 bp −$912.6 bp −$126doesn'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 −0.0201% / S +0.0372%1h799.94−0.104%$47K200xas long as short
Hotstuff BNB-PERPshort−0.0080%1h800.05−0.091%$4K$1K25x
Kraken Futures PF_BNBUSD−0.0074%1h799.57−0.151%$2.5M$972K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h800.38−0.050%$3.0M$28.0M10xas long as short
StandX BNB-USDlong0.0000%1h800.78long leg$865K$2.9M30x
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h799.97−0.101%$9.7M150xas long as short
Variational Omni BNB+0.0017%8h799.36−0.178%$4.1M$5.4Mas long as short
BingX BNB-USDT+0.0041%8h799.91−0.109%$34.8Mas long as short
Bybit BNBUSDT+0.0049%8h799.40−0.172%$138.7M$77.8M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h799.89−0.111%$606K$993K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0094%8h800.41−0.046%$6.3M$19.0M200xas long as short
Lighter BNB+0.0096%1h800.01−0.097%$2.8M$4.1M20xas long as short
Nado BNB-PERP+0.0100%1h799.64−0.143%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h799.92−0.107%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h799.40−0.172%$54.5M$113.0M50xas long as short
Arcus BNB-USD+0.0100%1h800.20−0.072%$53K$133K10xas long as short
Gate BNB_USDT+0.0100%8h799.65−0.141%$35.8M$57.9M75xas long as short
KuCoin BNBUSDTM+0.0100%8h799.67−0.139%$28.0M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h799.40−0.172%$79.3M$27.4M75xas long as short
edgeX BNBUSDC+0.0100%4h800.41−0.046%$4.2M$76.8M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h800.53−0.031%$161K$441K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h799.82−0.120%$117K$875K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h799.69−0.136%$386K$497K50xas long as short
Derive BNB-PERP+0.0100%1h799.94−0.105%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h800.22−0.069%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h799.80−0.122%$393K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h800.02−0.095%$8.2M$8.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h800.27−0.064%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h799.22−0.194%$1.8M$6.5M50xas long as short
Aevo BNB-PERP+0.0104%1h799.86−0.115%$384K$40K10xas long as short
Phemex BNBUSDT+0.0111%8h800.24−0.067%$69.9M$50.6M50xas long as short
MEXC BNB_USDT+0.0115%8h800.90+0.015%$83.1M$13.5M200xas long as short
Binance BNBUSDT+0.0116%8h800.39−0.049%$499.8M$815.9M75xas long as short
Kalshi KXBNBPERP+0.0116%8h800.60−0.022%$110K$2.9M4.8xas long as short
Phoenix BNB+0.0127%1h800.57−0.026%$172K$36K10xas long as short
Hibachi BNB/USDT-P+0.0184%1h799.93−0.106%$70K$44K12xas long as short
Hyperliquid BNB+0.0186%1h800.62−0.020%$51.9M$21.1M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h800.13−0.081%$1.6M$165K25xas long as short
BloFin BNB-USDT+0.0236%8h800.28−0.062%$18.2M$2.5M75xas long as short
RISEx BNB/USDC+0.0258%1h799.95−0.104%$1.1M$1.4M20xas long as short
01 Exchange BNBUSD+0.0304%1h800.36−0.052%$28K$1K10xas long as short
Bulk BNB-USD+0.0305%1h801.82+0.130%$651K$20K10xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.538%$19K$789K30xas long as short
Reya BNBRUSDPERP+0.0332%1h799.52−0.157%$6K$3K40xas long as short
dYdX BNB-USD+0.0393%1h800.10−0.084%$161K$62K10xas long as short
Backpack BNB_USDC_PERP+0.0411%1h800.67−0.014%$2.7M$5.7M40xas long as short