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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0296%/8h= −32.4% APRnext payment $0.37 per $10,000 · paid last 24h −0.117%
Price spread now: Hotstuff against 01 Exchange−0.069%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 airdropHotstuff: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Hotstuff is 0.069% cheaper against 01 Exchange than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange BNBUSD800.160.0216pay 0.0027% / 1h43m 13s$28K$1K10x
ShortHotstuff BNB-PERP799.61−0.0080pay 0.0010% / 1h43m 13s$4K$23925x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against 01 Exchange. 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
−$62.16
Price spread: −0.069% → 0.000%
−$6.87
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$81.03
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: 01 Exchange: 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 01 Exchange no order-book sample
Sell Hotstuff no order-book sample
01 Exchange 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%1h799.52−0.080%$47K200xas long as short
Kraken Futures PF_BNBUSD−0.0120%1h799.42−0.093%$2.5M$980K50xas long as short
Bybit BNBUSDT−0.0085%8h799.20−0.120%$138.8M$76.7M75xas long as short
Hotstuff BNB-PERPshort−0.0080%1h799.61−0.069%$4K$23925x
BingX BNB-USDT−0.0049%8h799.52−0.080%$35.2Mas long as short
GRVT BNB_USDT_Perp0.0000%8h799.28−0.110%$3.0M$27.9M10xas long as short
StandX BNB-USD0.0000%1h799.52−0.080%$864K$2.9M30xas long as short
Phemex BNBUSDT0.0000%8h800.05−0.014%$69.9M$50.5M50xas long as short
Variational Omni BNB+0.0006%8h797.73−0.304%$4.1M$5.4Mas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h799.45−0.089%$9.7M150xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BNB/USDC PERP+0.0033%1h805.09+0.616%$19K$789K30xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h798.00−0.270%$601K$979K50xas long as short
Aster BNBUSDT+0.0069%8h800.07−0.011%$6.2M$19.2M200xas long as short
Gate BNB_USDT+0.0088%8h799.30−0.107%$35.8M$56.0M75xas long as short
MEXC BNB_USDT+0.0089%8h800.40+0.030%$83.2M$13.5M200xas long as short
Binance BNBUSDT+0.0090%8h800.04−0.015%$497.0M$812.0M75xas long as short
Lighter BNB+0.0096%1h799.77−0.049%$2.8M$4.0M20xas long as short
Phoenix BNB+0.0099%1h798.69−0.184%$172K$36K10xas long as short
Nado BNB-PERP+0.0100%1h799.01−0.143%$1.5M$2.7M20xas long as short
Pacifica BNB+0.0100%1h799.39−0.096%$1.2M$925K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h799.30−0.107%$54.2M$111.2M50xas long as short
Arcus BNB-USD+0.0100%1h799.80−0.045%$53K$133K10xas long as short
KuCoin BNBUSDTM+0.0100%8h799.40−0.095%$28.0M$10.1M75xas long as short
Bitget BNBUSDT+0.0100%8h799.19−0.121%$78.8M$27.5M75xas long as short
edgeX BNBUSDC+0.0100%4h799.08−0.135%$4.2M$76.5M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h799.20−0.120%$161K$435K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h799.41−0.094%$118K$871K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h799.53−0.079%$386K$459K50xas long as short
Derive BNB-PERP+0.0100%1h799.64−0.065%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h800.08−0.010%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h799.60−0.070%$393K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h799.09−0.133%$8.2M$8.1M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h800.20+0.005%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h799.06−0.138%$1.8M$6.5M50xas long as short
Aevo BNB-PERP+0.0104%1h799.55−0.076%$384K$108K10xas long as short
Bulk BNB-USD+0.0118%1h798.39−0.221%$648K$11K10xas long as short
Hibachi BNB/USDT-P+0.0136%1h798.91−0.156%$70K$34K12xas long as short
RISEx BNB/USDC+0.0155%1h799.60−0.069%$1.1M$1.4M20xas long as short
Kalshi KXBNBPERP+0.0159%8h799.70−0.057%$90K$2.8M4.8xas long as short
BloFin BNB-USDT+0.0210%8h800.10−0.007%$18.1M$2.5M75xas long as short
01 Exchange BNBUSDlong+0.0216%1h800.16long leg$28K$1K10x
Deribit BNB_USDC-PERPETUAL+0.0300%1h800.01−0.019%$1.6M$160K25xas long as short
dYdX BNB-USD+0.0307%1h798.68−0.185%$161K$63K10xas long as short
Reya BNBRUSDPERP+0.0330%1h799.08−0.135%$6K$3K40xas long as short
Hyperliquid BNB+0.0333%1h800.27+0.014%$53.2M$20.9M10xas long as short
Backpack BNB_USDC_PERP+0.0398%1h799.30−0.107%$2.7M$5.7M40xas long as short