BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0276%/8h= −30.2% APRnext payment −$0.34 per $10,000 · paid last 24h −0.064%

Price spread now: GMX against Hotstuff−0.015%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 GMX

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$8 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	788.00	−0.0080	get 0.0010% / 1h	23m 56s	$4K	$42	25x
Short	GMX BNB/USD [WBTC.b-USDC]	787.88	L −0.0192% / S +0.0356%	pay 0.0044% / 1h	23m 56s	$46K	—	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now −0.015%Rate

Funding earned: −$57.89
Price spread: −0.015% → 0.000%: −$1.55
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee GMX: 6 bp × 2 orders: −$12
Net: −$76.44
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Hotstuff: no order-book sample; GMX: 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 Hotstuff no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

Hotstuff and GMX: 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]short	L −0.0192% / S +0.0356%	1h	787.88	−0.015%	$46K	—	200x
Kraken Futures PF_BNBUSD	−0.0124%	1h	787.75	−0.032%	$2.5M	$1.2M	50x	as long as short
Hotstuff BNB-PERPlong	−0.0080%	1h	788.00	long leg	$4K	$42	25x
StandX BNB-USD	0.0000%	1h	788.52	+0.066%	$850K	$3.1M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	787.82	−0.023%	$9.5M	—	150x	as long as short
Aster BNBUSDT	+0.0025%	8h	788.37	+0.047%	$6.1M	$18.7M	200x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.169%	$19K	$789K	30x	as long as short
BingX BNB-USDT	+0.0040%	8h	787.93	−0.009%	—	$22.3M	—	as long as short
Binance BNBUSDT	+0.0044%	8h	788.36	+0.046%	$491.5M	$798.1M	75x	as long as short
MEXC BNB_USDT	+0.0045%	8h	788.70	+0.089%	$80.0M	$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
Phemex BNBUSDT	+0.0046%	8h	788.33	+0.042%	$69.0M	$50.6M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0072%	1h	787.43	−0.072%	$581K	$1.9M	50x	as long as short
Phoenix BNB	+0.0092%	1h	788.22	+0.028%	$169K	$35K	10x	as long as short
dYdX BNB-USD	+0.0094%	1h	787.88	−0.015%	$159K	$64K	10x	as long as short
Lighter BNB	+0.0096%	1h	788.00	0.000%	$2.7M	$3.9M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	787.87	−0.016%	$265K	$492K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	787.55	−0.057%	$1.5M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	788.46	+0.058%	$51.7M	$17.4M	10x	as long as short
Pacifica BNB	+0.0100%	1h	788.08	+0.010%	$1.2M	$933K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	787.60	−0.051%	$138.6M	$73.8M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	787.60	−0.051%	$53.5M	$111.5M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	788.00	0.000%	$52K	$133K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	787.75	−0.032%	$35.9M	$57.6M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	787.52	−0.061%	$27.6M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	787.46	−0.069%	$76.2M	$30.5M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	788.23	+0.029%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	787.50	−0.063%	$4.1M	$4.8M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	788.21	+0.027%	$4.1M	$73.8M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	788.40	+0.051%	$159K	$442K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	787.65	−0.044%	$130K	$951K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	787.98	−0.003%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	788.41	+0.052%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	788.00	0.000%	$387K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	787.93	−0.009%	$8.1M	$9.6M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	788.19	+0.024%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	787.38	−0.078%	$1.9M	$6.3M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	787.90	−0.012%	$378K	$110K	10x	as long as short
Kalshi KXBNBPERP	+0.0110%	8h	788.20	+0.025%	$126K	$2.7M	4.8x	as long as short
BloFin BNB-USDT	+0.0165%	8h	788.29	+0.037%	$18.0M	$2.2M	75x	as long as short
GRVT BNB_USDT_Perp	+0.0174%	8h	788.73	+0.093%	$2.9M	$28.7M	10x	as long as short
Bulk BNB-USD	+0.0219%	1h	788.52	+0.066%	$639K	$9K	10x	as long as short
01 Exchange BNBUSD	+0.0240%	1h	788.32	+0.041%	$28K	$4K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	788.37	+0.047%	$1.5M	$143K	25x	as long as short
Reya BNBRUSDPERP	+0.0324%	1h	787.44	−0.072%	$6K	$3K	40x	as long as short
Hibachi BNB/USDT-P	+0.0408%	1h	788.01	+0.002%	$67K	$39K	12x	as long as short
RISEx BNB/USDC	+0.0431%	1h	788.13	+0.017%	$1.1M	$893K	20x	as long as short