BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0640%/8h= −70.1% APRnext payment −$0.80 per $10,000 · paid last 24h −0.127%

Price spread now: Hotstuff against Hibachi+0.016%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Hibachi Short on Hotstuff

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHibachi: Active · Hotstuff: 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: −$19 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hibachi BNB/USDT-P	788.09	0.0560	pay 0.0070% / 1h	6m 26s	$67K	$39K	12x
Short	Hotstuff BNB-PERP	788.21	−0.0080	pay 0.0010% / 1h	6m 26s	$4K	$42	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Hibachi. 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

Position, each leg$Hold fordaysFee HibachibpFee HotstuffbpOrdersPrice spread, now +0.016%Rate

Funding earned: −$134.4
Price spread: +0.016% → 0.000%: $1.56
Slippage, 4 orders: no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders: −$9
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$146.84
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Hibachi: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Hibachi no order-book sample	—	—	—	—	—
Sell Hotstuff no order-book sample	—	—	—	—	—

Hibachi 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX BNB/USD [WBTC.b-USDC]	L −0.0192% / S +0.0356%	1h	788.50	+0.053%	$46K	—	200x	as long as short
Hotstuff BNB-PERPshort	−0.0080%	1h	788.21	+0.016%	$4K	$42	25x
StandX BNB-USD	0.0000%	1h	788.92	+0.106%	$851K	$2.9M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	788.52	+0.055%	$9.5M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.158%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0043%	8h	789.25	+0.148%	$6.1M	$19.1M	200x	as long as short
BingX BNB-USDT	+0.0050%	8h	788.74	+0.083%	—	$22.2M	—	as long as short
Phemex BNBUSDT	+0.0063%	8h	788.84	+0.096%	$69.0M	$50.8M	50x	as long as short
MEXC BNB_USDT	+0.0066%	8h	789.40	+0.167%	$81.0M	$12.1M	200x	as long as short
Binance BNBUSDT	+0.0067%	8h	789.25	+0.147%	$491.3M	$815.8M	75x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_BNBUSD	+0.0069%	1h	788.55	+0.058%	$2.5M	$1.2M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0080%	1h	788.38	+0.037%	$569K	$1.9M	50x	as long as short
Lighter BNB	+0.0096%	1h	788.60	+0.065%	$2.7M	$3.8M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	788.67	+0.074%	$265K	$490K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	788.15	+0.008%	$1.4M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	789.21	+0.142%	$51.7M	$17.6M	10x	as long as short
Pacifica BNB	+0.0100%	1h	788.71	+0.079%	$1.2M	$933K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	788.57	+0.061%	$138.8M	$75.0M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	788.70	+0.078%	$53.6M	$113.3M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	788.80	+0.090%	$52K	$129K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	788.55	+0.059%	$36.9M	$59.5M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	788.34	+0.032%	$27.7M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	788.43	+0.044%	$76.3M	$31.1M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	788.44	+0.045%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	787.91	−0.022%	$4.0M	$4.8M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	788.22	+0.017%	$4.1M	$75.6M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	787.81	−0.035%	$159K	$437K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	788.44	+0.045%	$132K	$951K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	788.88	+0.101%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	789.13	+0.132%	$12K	$1.5M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	788.17	+0.011%	$8.0M	$10.1M	75x	as long as short
Paradex BNB-USD-PERP	+0.0101%	8h	788.96	+0.111%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	788.38	+0.037%	$1.8M	$6.2M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	788.68	+0.076%	$379K	$110K	10x	as long as short
Phoenix BNB	+0.0107%	1h	787.87	−0.028%	$169K	$35K	10x	as long as short
SoDEX BNB-USD	+0.0122%	1h	788.80	+0.090%	$388K	$989K	10x	as long as short
dYdX BNB-USD	+0.0138%	1h	788.46	+0.047%	$160K	$62K	10x	as long as short
Kalshi KXBNBPERP	+0.0138%	8h	788.40	+0.040%	$163K	$2.7M	4.8x	as long as short
BloFin BNB-USDT	+0.0187%	8h	788.82	+0.093%	$17.6M	$2.2M	75x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	789.04	+0.121%	$1.5M	$143K	25x	as long as short
GRVT BNB_USDT_Perp	+0.0221%	8h	788.50	+0.052%	$2.9M	$29.5M	10x	as long as short
01 Exchange BNBUSD	+0.0312%	1h	789.20	+0.141%	$28K	$4K	10x	as long as short
Reya BNBRUSDPERP	+0.0323%	1h	788.30	+0.027%	$6K	$3K	40x	as long as short
Bulk BNB-USD	+0.0378%	1h	788.15	+0.008%	$639K	$4K	10x	as long as short
RISEx BNB/USDC	+0.0432%	1h	788.90	+0.104%	$1.1M	$902K	20x	as long as short
Hibachi BNB/USDT-Plong	+0.0560%	1h	788.09	long leg	$67K	$39K	12x