Funding you earn now, next payment 22:00 UTC+0.0194%/8h= +21.3% APRpaid last 24h +0.065%
Price spread now: Binance against Hotstuff+0.066%7-day average — · you sell dearer than you buy
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
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Binance is 0.066% dearer against Hotstuff than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff BNB-PERP | 805.14 | −0.0080 | get 0.0010% / 1h | 11m 26s | $4K | $1K | 25x |
| Short | Binance BNBUSDT | 805.67 | 0.0114 | get 0.0114% / 8h | 2h 11m | $520.8M | $806.3M | 75x |
Hotstuff BNB-PERP
Binance BNBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Hotstuff. 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
- $40.8
- Price spread: +0.066% → 0.000%
- $6.64
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $32.44
- Costs to cover
- 0.150%
- Break-even
- 1.4 days
Slippage unknown: Hotstuff: no order-book sample; Binance: live order book, 2 min ago. 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 2 min ago | 0.06 bp | 5.3 bp −$5 | 7.2 bp −$72 | 15.0 bp −$1,498 | doesn't fit |
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 −0.0195% / S +0.0371% | 1h | 804.70 | −0.054% | $49K | — | 200x | as long as short |
| Hotstuff BNB-PERPlong | −0.0080% | 1h | 805.14 | long leg | $4K | $1K | 25x | |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 805.48 | +0.042% | $3.0M | $29.5M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 805.30 | +0.020% | $114K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 805.50 | +0.045% | $870K | $2.8M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 804.94 | −0.025% | $9.8M | — | 150x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0038% | 1h | 804.85 | −0.036% | $2.5M | $919K | 50x | as long as short |
| Variational Omni BNB | +0.0050% | 8h | 805.71 | +0.071% | $4.1M | $5.4M | — | as long as short |
| BingX BNB-USDT | +0.0055% | 8h | 804.90 | −0.030% | — | $34.5M | — | as long as short |
| Bybit BNBUSDT | +0.0079% | 8h | 804.60 | −0.067% | $139.6M | $81.7M | 75x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Kraken Futures PF_BNBUSD
Variational Omni BNB
BingX BNB-USDT
Bybit BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BNB-PERP-INTX | +0.0088% | 1h | 805.15 | +0.001% | $608K | $881K | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 804.99 | −0.018% | $2.8M | $4.2M | 20x | as long as short |
| Aster BNBUSDT | +0.0097% | 8h | 805.38 | +0.030% | $6.4M | $18.8M | 200x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 804.45 | −0.086% | $1.5M | $2.8M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 804.95 | −0.024% | $1.2M | $924K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 804.80 | −0.042% | $55.2M | $116.1M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 805.30 | +0.020% | $53K | $170K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 804.70 | −0.055% | $36.1M | $59.1M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 804.92 | −0.027% | $28.2M | $10.5M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 804.59 | −0.068% | $79.0M | $24.8M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 806.79 | +0.205% | $4.2M | $77.2M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 806.36 | +0.152% | $159K | $437K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 804.86 | −0.035% | $116K | $873K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 804.77 | −0.046% | $389K | $593K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 804.99 | −0.019% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 805.69 | +0.068% | $13K | $1.7M | 50x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 805.23 | +0.011% | $1.6M | $165K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 805.21 | +0.009% | $8.2M | $7.5M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 805.57 | +0.054% | $79K | $19K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 804.32 | −0.102% | $1.9M | $6.1M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 804.95 | −0.024% | $387K | $40K | 10x | as long as short |
| MEXC BNB_USDT | +0.0114% | 8h | 805.90 | +0.094% | $84.6M | $13.7M | 200x | as long as short |
| Binance BNBUSDTshort | +0.0114% | 8h | 805.67 | +0.066% | $520.8M | $806.3M | 75x | |
| Phoenix BNB | +0.0125% | 1h | 805.62 | +0.060% | $173K | $35K | 10x | as long as short |
| Phemex BNBUSDT | +0.0133% | 8h | 805.43 | +0.036% | $70.3M | $51.8M | 50x | as long as short |
| SoDEX BNB-USD | +0.0193% | 1h | 804.80 | −0.042% | $396K | $1.0M | 10x | as long as short |
| RISEx BNB/USDC | +0.0209% | 1h | 805.05 | −0.011% | $1.1M | $1.5M | 20x | as long as short |
| Hyperliquid BNB | +0.0214% | 1h | 805.51 | +0.046% | $51.9M | $21.9M | 10x | as long as short |
| BloFin BNB-USDT | +0.0235% | 8h | 805.62 | +0.060% | $18.9M | $3.1M | 75x | as long as short |
| dYdX BNB-USD | +0.0240% | 1h | 804.86 | −0.035% | $170K | $55K | 10x | as long as short |
| Hibachi BNB/USDT-P | +0.0256% | 1h | 805.00 | −0.017% | $71K | $48K | 12x | as long as short |
| Bulk BNB-USD | +0.0258% | 1h | 805.37 | +0.029% | $651K | $14K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0334% | 1h | 804.69 | −0.056% | $6K | $3K | 40x | as long as short |
| 01 Exchange BNBUSD | +0.0344% | 1h | 805.77 | +0.078% | $29K | $1K | 10x | as long as short |
| Injective BNB/USDC PERP | +0.0353% | 1h | 804.89 | −0.031% | $19K | $627K | 30x | as long as short |
| Backpack BNB_USDC_PERP | +0.0651% | 1h | 805.79 | +0.081% | $3.0M | $5.5M | 40x | as long as short |
Coinbase International BNB-PERP-INTX
Lighter BNB
Aster BNBUSDT
Nado BNB-PERP
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
MEXC BNB_USDT
Phoenix BNB
Phemex BNBUSDT
SoDEX BNB-USD
RISEx BNB/USDC
Hyperliquid BNB
BloFin BNB-USDT
dYdX BNB-USD
Hibachi BNB/USDT-P
Bulk BNB-USD
Reya BNBRUSDPERP
01 Exchange BNBUSD
Injective BNB/USDC PERP
Backpack BNB_USDC_PERP