BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0087%/8h= +9.5% APRnext payment +$0.11 per $10,000 · paid last 24h +0.026%

Price spread now: gTrade (Gains Network) against Hotstuff−0.060%7-day average — · you buy dearer than you sell

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

Long on Hotstuff Short on gTrade (Gains Network)

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

Funding pays, the price is against you. gTrade (Gains Network) is 0.060% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.060% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 2.3 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff BNB-PERP	796.50	−0.0080	get 0.0010% / 1h	3m 17s	$4K	$239	25x
Short	gTrade (Gains Network) BNB/USD	796.02	L +0.0008% / S −0.0007%	get 0.0001% / 1h	3m 17s	$9.7M	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.060%Rate

Funding earned: $18.31
Price spread: −0.060% → 0.000%: −$5.98
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$2.67
Costs to cover: 0.150%
Break-even: 8.0 days

Slippage unknown: Hotstuff: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 1 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 gTrade (Gains Network) virtual book (oracle venue), 1 min ago	130.01 bp	135.0 bp −$135	135.0 bp −$1,350	484.2 bp −$48.4K	3301.4 bp −$1.65M

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 −0.0159% / S +0.0335%	1h	795.94	−0.071%	$47K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0121%	1h	795.80	−0.088%	$2.5M	$1.0M	50x	as long as short
Hotstuff BNB-PERPlong	−0.0080%	1h	796.50	long leg	$4K	$239	25x
Gate BNB_USDT	−0.0002%	8h	795.70	−0.100%	$35.8M	$57.3M	75x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	797.56	+0.133%	$3.0M	$27.9M	10x	as long as short
StandX BNB-USD	0.0000%	1h	798.24	+0.218%	$863K	$3.0M	30x	as long as short
gTrade (Gains Network) BNB/USDshort	L +0.0008% / S −0.0007%	1h	796.02	−0.060%	$9.7M	—	150x
Variational Omni BNB	+0.0009%	8h	796.50	0.000%	$4.1M	$5.1M	—	as long as short
Phemex BNBUSDT	+0.0013%	8h	796.31	−0.024%	$69.5M	$50.2M	50x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.078%	$19K	$789K	30x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster BNBUSDT	+0.0044%	8h	796.50	0.000%	$6.2M	$19.6M	200x	as long as short
Coinbase International BNB-PERP-INTX	+0.0048%	1h	796.73	+0.029%	$610K	$1.1M	50x	as long as short
BingX BNB-USDT	+0.0057%	8h	795.86	−0.080%	—	$34.9M	—	as long as short
Binance BNBUSDT	+0.0068%	8h	796.21	−0.036%	$495.6M	$813.3M	75x	as long as short
Bybit BNBUSDT	+0.0068%	8h	795.45	−0.132%	$138.4M	$76.5M	75x	as long as short
MEXC BNB_USDT	+0.0069%	8h	796.40	−0.013%	$82.7M	$13.7M	200x	as long as short
Lighter BNB	+0.0096%	1h	795.82	−0.085%	$2.8M	$4.0M	20x	as long as short
Phoenix BNB	+0.0099%	1h	797.27	+0.097%	$171K	$36K	10x	as long as short
Nado BNB-PERP	+0.0100%	1h	796.20	−0.038%	$1.4M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	796.57	+0.009%	$1.2M	$930K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	795.60	−0.113%	$54.0M	$110.7M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	796.40	−0.013%	$52K	$127K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	795.84	−0.083%	$27.8M	$10.0M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	795.40	−0.138%	$77.9M	$28.1M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	797.71	+0.152%	$4.1M	$76.3M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	798.08	+0.198%	$161K	$436K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	796.05	−0.056%	$111K	$887K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	796.10	−0.050%	$385K	$468K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	796.26	−0.030%	$32K	$9K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	797.83	+0.167%	$13K	$1.6M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	796.20	−0.038%	$392K	$995K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	795.90	−0.075%	$8.2M	$8.4M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	796.88	+0.047%	$78K	$18K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	795.72	−0.098%	$1.8M	$6.0M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	796.09	−0.052%	$382K	$110K	10x	as long as short
Bulk BNB-USD	+0.0133%	1h	798.69	+0.275%	$649K	$10K	10x	as long as short
RISEx BNB/USDC	+0.0155%	1h	796.11	−0.049%	$1.1M	$1.4M	20x	as long as short
Kalshi KXBNBPERP	+0.0164%	8h	797.30	+0.100%	$104K	$2.8M	4.8x	as long as short
BloFin BNB-USDT	+0.0188%	8h	796.80	+0.038%	$18.1M	$2.5M	75x	as long as short
dYdX BNB-USD	+0.0188%	1h	796.05	−0.056%	$161K	$63K	10x	as long as short
01 Exchange BNBUSD	+0.0200%	1h	796.79	+0.036%	$28K	$1K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	796.54	+0.005%	$1.6M	$161K	25x	as long as short
Hyperliquid BNB	+0.0279%	1h	796.98	+0.060%	$53.0M	$20.1M	10x	as long as short
Reya BNBRUSDPERP	+0.0329%	1h	795.80	−0.088%	$6K	$3K	40x	as long as short
Hibachi BNB/USDT-P	+0.0400%	1h	797.86	+0.170%	$68K	$38K	12x	as long as short
Backpack BNB_USDC_PERP	+0.0425%	1h	796.73	+0.029%	$2.7M	$5.7M	40x	as long as short