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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0184%/8h= +20.1% APRnext payment +$0.23 per $10,000 · paid last 24h +0.055%
Price spread now: Extended against Hotstuff−0.106%7-day average · you buy dearer than you sell
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 3 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 · Extended: Active · farm boardneeds both histories
Funding pays, the price is against you. Extended is 0.106% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.106% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 46 hours of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff BNB-PERP793.29−0.0080get 0.0010% / 1h47m 21s$4K$23925x
ShortExtended BNB-USD792.450.0104get 0.0013% / 1h47m 21s$1.7M$6.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
$38.64
Price spread: −0.106% → 0.000%
−$10.64
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$18
Costs to cover
0.100%
Break-even
3.7 days
Slippage unknown: Hotstuff: no order-book sample; Extended: 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
LegHalf-spread$10k$100k$1M$5M
Buy Hotstuff no order-book sample
Sell Extended live order book, 2 min ago0.06 bp2.6 bp −$34.7 bp −$47doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0161% / S +0.0334%1h792.68−0.077%$47K200xas long as short
Kraken Futures PF_BNBUSD−0.0132%1h792.66−0.079%$2.5M$1.0M50xas long as short
Hotstuff BNB-PERPlong−0.0080%1h793.29long leg$4K$23925x
Gate BNB_USDT−0.0029%8h792.50−0.100%$35.5M$55.2M75xas long as short
StandX BNB-USD0.0000%1h794.21+0.116%$858K$3.0M30xas long as short
GRVT BNB_USDT_Perp+0.0002%8h793.91+0.078%$3.0M$28.4M10xas long as short
Variational Omni BNB+0.0006%8h792.93−0.046%$4.1M$5.1Mas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h792.71−0.073%$9.7M150xas long as short
Aster BNBUSDT+0.0033%8h793.25−0.005%$6.1M$19.9M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.487%$19K$789K30xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX BNB-USD+0.0038%1h792.47−0.103%$160K$63K10xas long as short
Phemex BNBUSDT+0.0046%8h792.94−0.044%$69.3M$50.3M50xas long as short
BingX BNB-USDT+0.0050%8h792.85−0.055%$35.0Mas long as short
Coinbase International BNB-PERP-INTX+0.0056%1h791.39−0.240%$607K$1.1M50xas long as short
MEXC BNB_USDT+0.0062%8h793.50+0.026%$82.3M$12.7M200xas long as short
Binance BNBUSDT+0.0062%8h793.26−0.004%$493.5M$815.0M75xas long as short
Bybit BNBUSDT+0.0080%8h792.80−0.062%$138.1M$77.0M75xas long as short
Phoenix BNB+0.0088%1h792.08−0.153%$170K$36K10xas long as short
Lighter BNB+0.0096%1h792.59−0.088%$2.8M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h792.39−0.113%$383K$409K50xas long as short
Nado BNB-PERP+0.0100%1h792.75−0.068%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h792.65−0.080%$1.2M$932K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h792.30−0.125%$53.2M$110.9M50xas long as short
Arcus BNB-USD+0.0100%1h793.00−0.037%$52K$134K10xas long as short
KuCoin BNBUSDTM+0.0100%8h792.57−0.091%$27.7M$10.0M75xas long as short
Bitget BNBUSDT+0.0100%8h792.47−0.103%$77.4M$28.3M75xas long as short
edgeX BNBUSDC+0.0100%4h793.89+0.076%$4.1M$76.8M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h793.99+0.088%$160K$435K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h792.68−0.077%$112K$887K10xas long as short
Derive BNB-PERP+0.0100%1h792.75−0.068%$32K$9K10xas long as short
SunX BNB-USDT+0.0100%8h793.16−0.017%$13K$1.6M50xas long as short
SoDEX BNB-USD+0.0100%1h792.80−0.062%$390K$995K10xas long as short
HTX BNB-USDT+0.0100%8h792.23−0.133%$8.1M$8.6M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h793.05−0.031%$77K$17K50xas long as short
Extended BNB-USDshort+0.0104%1h792.45−0.106%$1.7M$6.0M50x
Aevo BNB-PERP+0.0104%1h792.53−0.096%$381K$110K10xas long as short
Hyperliquid BNB+0.0119%1h793.38+0.011%$52.6M$19.8M10xas long as short
RISEx BNB/USDC+0.0131%1h793.06−0.029%$1.1M$1.4M20xas long as short
Kalshi KXBNBPERP+0.0158%8h793.50+0.026%$106K$2.8M4.8xas long as short
Bulk BNB-USD+0.0167%1h793.21−0.010%$644K$10K10xas long as short
BloFin BNB-USDT+0.0182%8h794.06+0.097%$18.1M$2.5M75xas long as short
01 Exchange BNBUSD+0.0232%1h793.49+0.025%$28K$1K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h793.04−0.032%$1.6M$161K25xas long as short
Reya BNBRUSDPERP+0.0329%1h792.51−0.099%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0367%1h793.54+0.032%$2.7M$5.7M40xas long as short
Hibachi BNB/USDT-P+0.0456%1h793.77+0.060%$68K$38K12xas long as short