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−0.0088%/8h= −9.6% APRnext payment $0.11 per $10,000 · paid last 24h −0.027%
Price spread now: Hotstuff against gTrade (Gains Network)−0.007%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) BNB/USD799.16L +0.0008% / S −0.0007%pay 0.0001% / 1h19m 00s$9.7M150x
ShortHotstuff BNB-PERP799.11−0.0080pay 0.0010% / 1h19m 00s$4K$1K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against gTrade (Gains Network). 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
−$18.42
Price spread: −0.007% → 0.000%
−$0.68
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$34.1
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), just now; 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 gTrade (Gains Network) virtual book (oracle venue), just now130.01 bp135.0 bp −$135135.0 bp −$1,350416.8 bp −$41.7K2253.7 bp −$1.13M
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%1h799.19+0.003%$47K200xas long as short
Hotstuff BNB-PERPshort−0.0080%1h799.11−0.007%$4K$1K25x
Kraken Futures PF_BNBUSD−0.0074%1h799.01−0.020%$2.5M$970K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h798.68−0.060%$3.0M$27.9M10xas long as short
StandX BNB-USD0.0000%1h799.30+0.017%$864K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDlongL +0.0008% / S −0.0007%1h799.16long leg$9.7M150x
Variational Omni BNB+0.0012%8h798.04−0.140%$4.1M$5.4Mas long as short
BingX BNB-USDC+0.0035%8h798.90−0.033%$13.4Mas long as short
Bybit BNBUSDT+0.0042%8h798.80−0.046%$138.6M$77.0M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h799.89+0.091%$606K$985K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0088%8h799.63+0.058%$6.2M$19.1M200xas long as short
Lighter BNB+0.0096%1h799.23+0.008%$2.8M$4.1M20xas long as short
Nado BNB-PERP+0.0100%1h798.83−0.042%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h799.04−0.016%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h798.90−0.033%$54.3M$113.0M50xas long as short
Arcus BNB-USD+0.0100%1h799.20+0.005%$53K$133K10xas long as short
Gate BNB_USDT+0.0100%8h798.90−0.033%$35.8M$58.3M75xas long as short
KuCoin BNBUSDTM+0.0100%8h799.06−0.013%$28.0M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h798.77−0.049%$79.1M$27.5M75xas long as short
edgeX BNBUSDC+0.0100%4h798.50−0.083%$4.1M$76.5M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h799.21+0.006%$161K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h798.93−0.029%$116K$875K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h799.17+0.001%$386K$494K50xas long as short
Derive BNB-PERP+0.0100%1h799.33+0.020%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h799.47+0.038%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h799.30+0.017%$393K$1.0M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h799.56+0.050%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h798.98−0.024%$8.2M$8.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h799.25+0.011%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h798.68−0.061%$1.8M$6.5M50xas long as short
Aevo BNB-PERP+0.0104%1h799.25+0.010%$384K$40K10xas long as short
Phemex BNBUSDT+0.0108%8h799.63+0.058%$69.9M$50.6M50xas long as short
Binance BNBUSDT+0.0109%8h799.59+0.053%$498.3M$818.6M75xas long as short
MEXC BNB_USDT+0.0109%8h800.00+0.105%$83.1M$13.6M200xas long as short
Phoenix BNB+0.0127%1h798.57−0.074%$172K$36K10xas long as short
Kalshi KXBNBPERP+0.0134%8h799.40+0.030%$89K$2.9M4.8xas long as short
Hibachi BNB/USDT-P+0.0176%1h798.81−0.045%$70K$43K12xas long as short
Bulk BNB-USD+0.0214%1h799.38+0.027%$649K$17K10xas long as short
Hyperliquid BNB+0.0216%1h799.76+0.075%$52.4M$21.2M10xas long as short
BloFin BNB-USDT+0.0229%8h799.63+0.058%$18.2M$2.5M75xas long as short
RISEx BNB/USDC+0.0258%1h799.08−0.011%$1.1M$1.4M20xas long as short
01 Exchange BNBUSD+0.0288%1h799.67+0.063%$28K$1K10xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.742%$19K$789K30xas long as short
Reya BNBRUSDPERP+0.0331%1h798.69−0.059%$6K$3K40xas long as short
dYdX BNB-USD+0.0358%1h798.70−0.059%$161K$63K10xas long as short
Backpack BNB_USDC_PERP+0.0386%1h799.56+0.050%$2.7M$5.7M40xas long as short