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
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) BNB/USD | 799.16 | L +0.0008% / S −0.0007% | pay 0.0001% / 1h | 19m 00s | $9.7M | — | 150x |
| Short | Hotstuff BNB-PERP | 799.11 | −0.0080 | pay 0.0010% / 1h | 19m 00s | $4K | $1K | 25x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy gTrade (Gains Network) virtual book (oracle venue), just now | 130.01 bp | 135.0 bp −$135 | 135.0 bp −$1,350 | 416.8 bp −$41.7K | 2253.7 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX BNB/USD [WBTC.b-USDC] | L −0.0201% / S +0.0372% | 1h | 799.19 | +0.003% | $47K | — | 200x | as long as short |
| Hotstuff BNB-PERPshort | −0.0080% | 1h | 799.11 | −0.007% | $4K | $1K | 25x | |
| Kraken Futures PF_BNBUSD | −0.0074% | 1h | 799.01 | −0.020% | $2.5M | $970K | 50x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 798.68 | −0.060% | $3.0M | $27.9M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 799.30 | +0.017% | $864K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USDlong | L +0.0008% / S −0.0007% | 1h | 799.16 | long leg | $9.7M | — | 150x | |
| Variational Omni BNB | +0.0012% | 8h | 798.04 | −0.140% | $4.1M | $5.4M | — | as long as short |
| BingX BNB-USDC | +0.0035% | 8h | 798.90 | −0.033% | — | $13.4M | — | as long as short |
| Bybit BNBUSDT | +0.0042% | 8h | 798.80 | −0.046% | $138.6M | $77.0M | 75x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0072% | 1h | 799.89 | +0.091% | $606K | $985K | 50x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BNBUSDT | +0.0088% | 8h | 799.63 | +0.058% | $6.2M | $19.1M | 200x | as long as short |
| Lighter BNB | +0.0096% | 1h | 799.23 | +0.008% | $2.8M | $4.1M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 798.83 | −0.042% | $1.4M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 799.04 | −0.016% | $1.2M | $926K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 798.90 | −0.033% | $54.3M | $113.0M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 799.20 | +0.005% | $53K | $133K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 798.90 | −0.033% | $35.8M | $58.3M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 799.06 | −0.013% | $28.0M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 798.77 | −0.049% | $79.1M | $27.5M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 798.50 | −0.083% | $4.1M | $76.5M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 799.21 | +0.006% | $161K | $439K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 798.93 | −0.029% | $116K | $875K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 799.17 | +0.001% | $386K | $494K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 799.33 | +0.020% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 799.47 | +0.038% | $13K | $1.7M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 799.30 | +0.017% | $393K | $1.0M | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 799.56 | +0.050% | $1.6M | $165K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 798.98 | −0.024% | $8.2M | $8.0M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 799.25 | +0.011% | $78K | $19K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 798.68 | −0.061% | $1.8M | $6.5M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 799.25 | +0.010% | $384K | $40K | 10x | as long as short |
| Phemex BNBUSDT | +0.0108% | 8h | 799.63 | +0.058% | $69.9M | $50.6M | 50x | as long as short |
| Binance BNBUSDT | +0.0109% | 8h | 799.59 | +0.053% | $498.3M | $818.6M | 75x | as long as short |
| MEXC BNB_USDT | +0.0109% | 8h | 800.00 | +0.105% | $83.1M | $13.6M | 200x | as long as short |
| Phoenix BNB | +0.0127% | 1h | 798.57 | −0.074% | $172K | $36K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0134% | 8h | 799.40 | +0.030% | $89K | $2.9M | 4.8x | as long as short |
| Hibachi BNB/USDT-P | +0.0176% | 1h | 798.81 | −0.045% | $70K | $43K | 12x | as long as short |
| Bulk BNB-USD | +0.0214% | 1h | 799.38 | +0.027% | $649K | $17K | 10x | as long as short |
| Hyperliquid BNB | +0.0216% | 1h | 799.76 | +0.075% | $52.4M | $21.2M | 10x | as long as short |
| BloFin BNB-USDT | +0.0229% | 8h | 799.63 | +0.058% | $18.2M | $2.5M | 75x | as long as short |
| RISEx BNB/USDC | +0.0258% | 1h | 799.08 | −0.011% | $1.1M | $1.4M | 20x | as long as short |
| 01 Exchange BNBUSD | +0.0288% | 1h | 799.67 | +0.063% | $28K | $1K | 10x | as long as short |
| Injective BNB/USDC PERP | +0.0306% | 1h | 805.09 | +0.742% | $19K | $789K | 30x | as long as short |
| Reya BNBRUSDPERP | +0.0331% | 1h | 798.69 | −0.059% | $6K | $3K | 40x | as long as short |
| dYdX BNB-USD | +0.0358% | 1h | 798.70 | −0.059% | $161K | $63K | 10x | as long as short |
| Backpack BNB_USDC_PERP | +0.0386% | 1h | 799.56 | +0.050% | $2.7M | $5.7M | 40x | as long as short |
gTrade (Gains Network) BNB/USD
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
GRVT BNB_USDT_Perp
StandX BNB-USD
Variational Omni BNB
BingX BNB-USDC
Bybit BNBUSDT
Coinbase International BNB-PERP-INTX
Aster BNBUSDT
Lighter BNB
Pacifica BNB
OKX BNB-USDT-SWAP
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Phemex BNBUSDT
Binance BNBUSDT
MEXC BNB_USDT
Phoenix BNB
Kalshi KXBNBPERP
Bulk BNB-USD
Hyperliquid BNB
BloFin BNB-USDT
RISEx BNB/USDC
01 Exchange BNBUSD
Injective BNB/USDC PERP
Backpack BNB_USDC_PERP