Funding you earn now, next payment 08:00 UTC−0.0180%/8h= −19.7% APRpaid last 24h −0.054%
Price spread now: Hotstuff against edgeX−0.030%58s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropedgeX: 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 0.030% cheaper against edgeX 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. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX BNBUSDC | 784.39 | 0.0100 | pay 0.0050% / 4h | 22m 00s | $4.1M | $76.3M | 30x |
| Short | Hotstuff BNB-PERP | 784.15 | −0.0080 | pay 0.0010% / 1h | 22m 00s | $4K | $42 | 25x |
edgeX BNBUSDC
Hotstuff BNB-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against edgeX. 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
- −$37.8
- Price spread: −0.030% → 0.000%
- −$3.01
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$54.81
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 2 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 edgeX live order book, 2 min ago | 1.91 bp | 6.4 bp −$6 | 6.4 bp −$64 | 10.2 bp −$1,022 | 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 −0.0168% / S +0.0337% | 1h | 784.08 | −0.039% | $43K | — | 200x | as long as short |
| Hotstuff BNB-PERPshort | −0.0080% | 1h | 784.15 | −0.030% | $4K | $42 | 25x | |
| Kraken Futures PF_BNBUSD | −0.0050% | 1h | 784.01 | −0.048% | $2.5M | $1.2M | 50x | as long as short |
| Variational Omni BNB | 0.0000% | 8h | 783.51 | −0.112% | $4.0M | $4.7M | — | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 784.22 | −0.021% | $846K | $2.7M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 784.04 | −0.044% | $9.4M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.639% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0034% | 8h | 784.54 | +0.020% | $6.0M | $18.8M | 200x | as long as short |
| BingX BNB-USDC | +0.0040% | 8h | 783.93 | −0.058% | — | $13.4M | — | as long as short |
| MEXC BNB_USDT | +0.0048% | 8h | 785.20 | +0.104% | $80.7M | $12.0M | 200x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Variational Omni BNB
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
Aster BNBUSDT
BingX BNB-USDC
MEXC BNB_USDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNBUSDT | +0.0049% | 8h | 784.62 | +0.029% | $487.3M | $819.5M | 75x | as long as short |
| Phemex BNBUSDT | +0.0074% | 8h | 784.40 | +0.002% | $68.5M | $51.2M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 784.12 | −0.034% | $2.7M | $3.8M | 20x | as long as short |
| dYdX BNB-USD | +0.0099% | 1h | 783.56 | −0.105% | $159K | $62K | 10x | as long as short |
| Phoenix BNB | +0.0100% | 1h | 784.15 | −0.030% | $162K | $35K | 10x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 783.80 | −0.075% | $1.3M | $2.7M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 784.67 | +0.036% | $51.4M | $17.5M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 784.27 | −0.015% | $1.2M | $937K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 783.80 | −0.075% | $137.9M | $74.4M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 783.90 | −0.062% | $53.3M | $112.5M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 784.10 | −0.036% | $52K | $125K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 783.95 | −0.056% | $38.2M | $58.3M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 783.82 | −0.072% | $27.6M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 783.64 | −0.095% | $75.2M | $32.6M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 784.44 | +0.007% | $2.2M | $6.1M | 40x | as long as short |
| edgeX BNBUSDClong | +0.0100% | 4h | 784.39 | long leg | $4.1M | $76.3M | 30x | |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 784.99 | +0.077% | $158K | $437K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 783.84 | −0.070% | $131K | $944K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 784.08 | −0.039% | $264K | $388K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 784.17 | −0.028% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 784.59 | +0.026% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 784.20 | −0.024% | $386K | $968K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 784.34 | −0.005% | $8.0M | $10.4M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 784.60 | +0.027% | $78K | $17K | 50x | as long as short |
| Kalshi KXBNBPERP | +0.0101% | 8h | 784.90 | +0.065% | $171K | $2.7M | 4.8x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 783.59 | −0.101% | $1.8M | $5.8M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 784.11 | −0.035% | $377K | $110K | 10x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0104% | 1h | 784.48 | +0.012% | $546K | $1.9M | 50x | as long as short |
| BloFin BNB-USDT | +0.0169% | 8h | 784.21 | −0.022% | $17.7M | $2.2M | 75x | as long as short |
| Bulk BNB-USD | +0.0208% | 1h | 785.53 | +0.146% | $637K | $831 | 10x | as long as short |
| GRVT BNB_USDT_Perp | +0.0217% | 8h | 784.62 | +0.029% | $2.9M | $28.4M | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0248% | 1h | 784.50 | +0.014% | $28K | $4K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 784.51 | +0.016% | $1.5M | $141K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0320% | 1h | 783.65 | −0.093% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0350% | 1h | 784.28 | −0.013% | $1.1M | $906K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0464% | 1h | 783.66 | −0.093% | $67K | $39K | 12x | as long as short |
Binance BNBUSDT
Phemex BNBUSDT
Lighter BNB
dYdX BNB-USD
Phoenix BNB
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Kalshi KXBNBPERP
Extended BNB-USD
Aevo BNB-PERP
Coinbase International BNB-PERP-INTX
BloFin BNB-USDT
Bulk BNB-USD
GRVT BNB_USDT_Perp
01 Exchange BNBUSD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P