BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0184%/8h= +20.1% APRnext payment +$0.23 per $10,000 · paid last 24h +0.046%

Price spread now: Coinbase International against Hotstuff+0.008%7-day average — · you sell dearer than you buy

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

Long on Hotstuff Short on Coinbase International

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 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: +$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff BNB-PERP	784.42	−0.0080	get 0.0010% / 1h	20m 35s	$4K	$42	25x
Short	Coinbase International BNB-PERP-INTX	784.48	0.0104	get 0.0013% / 1h	20m 35s	$546K	$1.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Hotstuff. 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 HotstuffbpFee Coinbase InternationalbpOrdersPrice spread, now +0.008%Rate

Funding earned: $38.64
Price spread: +0.008% → 0.000%: $0.76
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $24.4
Costs to cover: 0.150%
Break-even: 2.6 days

Slippage unknown: Hotstuff: no order-book sample; Coinbase International: live order book, 3 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 Coinbase International live order book, 3 min ago	2.49 bp	7.6 bp −$8	13.8 bp −$138	doesn't fit	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 −0.0168% / S +0.0337%	1h	783.78	−0.081%	$43K	—	200x	as long as short
Hotstuff BNB-PERPlong	−0.0080%	1h	784.42	long leg	$4K	$42	25x
Kraken Futures PF_BNBUSD	−0.0050%	1h	783.73	−0.089%	$2.5M	$1.2M	50x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	784.50	+0.010%	$171K	$2.7M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	784.69	+0.034%	$846K	$2.7M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	783.78	−0.082%	$9.4M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.635%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0034%	8h	784.43	+0.001%	$6.0M	$18.8M	200x	as long as short
BingX BNB-USDT	+0.0039%	8h	784.09	−0.042%	—	$22.3M	—	as long as short
MEXC BNB_USDT	+0.0048%	8h	785.00	+0.074%	$80.7M	$12.0M	200x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BNBUSDT	+0.0049%	8h	784.70	+0.036%	$487.3M	$819.6M	75x	as long as short
Phemex BNBUSDT	+0.0074%	8h	784.28	−0.018%	$68.5M	$51.2M	50x	as long as short
Lighter BNB	+0.0096%	1h	783.99	−0.054%	$2.7M	$3.8M	20x	as long as short
Phoenix BNB	+0.0100%	1h	784.53	+0.014%	$161K	$35K	10x	as long as short
Nado BNB-PERP	+0.0100%	1h	783.60	−0.105%	$1.3M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	784.36	−0.008%	$51.4M	$17.6M	10x	as long as short
Pacifica BNB	+0.0100%	1h	784.08	−0.043%	$1.2M	$937K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	783.96	−0.059%	$137.9M	$74.4M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	783.90	−0.066%	$53.3M	$112.3M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	784.20	−0.028%	$52K	$125K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	783.85	−0.073%	$38.2M	$58.4M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	783.61	−0.103%	$27.6M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	783.61	−0.103%	$75.2M	$32.6M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	784.15	−0.034%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	783.41	−0.128%	$4.0M	$4.7M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	783.84	−0.073%	$4.1M	$76.5M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	784.61	+0.024%	$158K	$437K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	783.77	−0.083%	$131K	$944K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	783.82	−0.076%	$263K	$388K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	784.17	−0.032%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	784.33	−0.011%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	783.90	−0.066%	$385K	$967K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	784.34	−0.010%	$8.0M	$10.4M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	784.48	+0.008%	$78K	$17K	50x	as long as short
dYdX BNB-USD	+0.0103%	1h	783.56	−0.110%	$159K	$62K	10x	as long as short
Extended BNB-USD	+0.0104%	1h	783.54	−0.112%	$1.8M	$5.8M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	783.87	−0.070%	$377K	$110K	10x	as long as short
Coinbase International BNB-PERP-INTXshort	+0.0104%	1h	784.48	+0.008%	$546K	$1.9M	50x
BloFin BNB-USDT	+0.0169%	8h	784.71	+0.037%	$17.7M	$2.2M	75x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	784.17	−0.032%	$1.5M	$141K	25x	as long as short
Bulk BNB-USD	+0.0208%	1h	785.53	+0.142%	$637K	$831	10x	as long as short
GRVT BNB_USDT_Perp	+0.0217%	8h	784.62	+0.025%	$2.9M	$28.4M	10x	as long as short
01 Exchange BNBUSD	+0.0248%	1h	784.69	+0.034%	$28K	$4K	10x	as long as short
Reya BNBRUSDPERP	+0.0320%	1h	783.40	−0.130%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0350%	1h	784.29	−0.017%	$1.1M	$906K	20x	as long as short
Hibachi BNB/USDT-P	+0.0464%	1h	784.39	−0.003%	$67K	$39K	12x	as long as short