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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0180%/8h= −19.7% APRpaid last 24h −0.054%
Price spread now: Hotstuff against Gate+0.034%7-day average · you sell dearer than you buy
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 4 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 pays, funding is against you. Hotstuff is 0.034% dearer against Gate than usual: you sell high and buy low (spread +0.034% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 15 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BNB_USDT786.900.0100pay 0.0100% / 8h2h 14m$36.7M$59.2M75x
ShortHotstuff BNB-PERP787.17−0.0080pay 0.0010% / 1h14m 34s$4K$4225x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against Gate. 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
−$37.8
Price spread: +0.034% → 0.000%
$3.43
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$54.37
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 4 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 Gate live order book, 4 min ago0.32 bp10.2 bp −$1014.1 bp −$14127.6 bp −$2,76456.8 bp −$28.4K
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 −0.0192% / S +0.0356%1h786.35−0.070%$46K200xas long as short
Hotstuff BNB-PERPshort−0.0080%1h787.17+0.034%$4K$4225x
StandX BNB-USD0.0000%1h787.41+0.065%$849K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h786.47−0.054%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.312%$19K$789K30xas long as short
Aster BNBUSDT+0.0039%8h787.18+0.036%$6.1M$19.0M200xas long as short
BingX BNB-USDC+0.0045%8h786.97+0.009%$13.4Mas long as short
Phemex BNBUSDT+0.0058%8h787.23+0.042%$68.9M$50.6M50xas long as short
MEXC BNB_USDT+0.0063%8h787.60+0.089%$80.5M$12.0M200xas long as short
Binance BNBUSDT+0.0063%8h787.59+0.088%$490.6M$812.7M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BNBUSD+0.0069%1h786.57−0.042%$2.5M$1.2M50xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h785.85−0.133%$568K$1.9M50xas long as short
Lighter BNB+0.0096%1h786.91+0.001%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h786.55−0.044%$265K$489K50xas long as short
Nado BNB-PERP+0.0100%1h786.60−0.038%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h787.53+0.080%$51.5M$17.6M10xas long as short
Pacifica BNB+0.0100%1h787.10+0.025%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h786.900.000%$138.2M$74.8M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h786.900.000%$53.5M$112.8M50xas long as short
Arcus BNB-USD+0.0100%1h787.00+0.013%$52K$129K10xas long as short
Gate BNB_USDTlong+0.0100%8h786.90long leg$36.7M$59.2M75x
KuCoin BNBUSDTM+0.0100%8h786.45−0.057%$27.7M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h786.67−0.029%$76.1M$31.0M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h787.07+0.022%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h786.32−0.074%$4.0M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h786.93+0.003%$4.1M$75.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h787.09+0.024%$158K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h786.80−0.013%$131K$951K10xas long as short
Derive BNB-PERP+0.0100%1h786.70−0.025%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h787.22+0.041%$12K$1.5M50xas long as short
HTX BNB-USDT+0.0100%8h786.44−0.058%$8.0M$10.1M75xas long as short
Paradex BNB-USD-PERP+0.0101%8h787.29+0.050%$76K$17K50xas long as short
Extended BNB-USD+0.0104%1h786.59−0.039%$1.8M$6.2M50xas long as short
Aevo BNB-PERP+0.0104%1h786.67−0.030%$378K$110K10xas long as short
Phoenix BNB+0.0107%1h786.99+0.011%$169K$35K10xas long as short
SoDEX BNB-USD+0.0130%1h786.70−0.025%$387K$993K10xas long as short
Kalshi KXBNBPERP+0.0138%8h786.900.000%$160K$2.7M4.8xas long as short
dYdX BNB-USD+0.0158%1h786.37−0.068%$159K$62K10xas long as short
BloFin BNB-USDT+0.0183%8h787.25+0.044%$17.7M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0217%8h787.48+0.074%$2.9M$29.5M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h787.02+0.015%$1.5M$143K25xas long as short
01 Exchange BNBUSD+0.0312%1h787.74+0.107%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0323%1h786.71−0.024%$6K$3K40xas long as short
Bulk BNB-USD+0.0341%1h785.39−0.191%$637K$4K10xas long as short
RISEx BNB/USDC+0.0432%1h787.22+0.040%$1.1M$901K20xas long as short
Hibachi BNB/USDT-P+0.0536%1h786.82−0.010%$67K$39K12xas long as short