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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0180%/8h= +19.7% APRpaid last 24h +0.054%
Price spread now: HTX against Hotstuff−0.123%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 4 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 · farm boardneeds both histories
Funding pays, the price is against you. HTX is 0.123% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.123% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 2.3 days of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff BNB-PERP789.19−0.0080get 0.0010% / 1h5m 35s$4K$4225x
ShortHTX BNB-USDT788.220.0100get 0.0100% / 8h2h 05m$8.0M$10.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$37.8
Price spread: −0.123% → 0.000%
−$12.3
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee HTX: 6 bp × 2 orders
−$12
Net
$8.5
Costs to cover
0.170%
Break-even
5.4 days
Slippage unknown: Hotstuff: no order-book sample; HTX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Hotstuff no order-book sample
Sell HTX live order book, 3 min ago2.12 bp10.7 bp −$1113.3 bp −$13344.0 bp −$4,397doesn'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 −0.0192% / S +0.0356%1h788.50−0.087%$46K200xas long as short
Hotstuff BNB-PERPlong−0.0080%1h789.19long leg$4K$4225x
StandX BNB-USD0.0000%1h788.92−0.034%$851K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h788.52−0.085%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.015%$19K$789K30xas long as short
Aster BNBUSDT+0.0044%8h789.35+0.020%$6.1M$19.1M200xas long as short
BingX BNB-USDT+0.0050%8h788.78−0.052%$22.2Mas long as short
Phemex BNBUSDT+0.0061%8h789.26+0.009%$69.1M$50.8M50xas long as short
MEXC BNB_USDT+0.0067%8h789.50+0.039%$81.1M$12.1M200xas long as short
Binance BNBUSDT+0.0067%8h789.17−0.003%$491.3M$815.9M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BNBUSD+0.0069%1h788.55−0.082%$2.5M$1.2M50xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h788.38−0.103%$569K$1.9M50xas long as short
Lighter BNB+0.0096%1h788.77−0.053%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h788.67−0.066%$265K$490K50xas long as short
Nado BNB-PERP+0.0100%1h788.15−0.132%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h789.43+0.030%$51.7M$17.6M10xas long as short
Pacifica BNB+0.0100%1h788.90−0.037%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h788.60−0.075%$138.8M$75.0M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h788.60−0.075%$53.6M$113.4M50xas long as short
Arcus BNB-USD+0.0100%1h788.80−0.049%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h788.65−0.068%$36.9M$59.5M75xas long as short
KuCoin BNBUSDTM+0.0100%8h788.42−0.098%$27.8M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h788.36−0.105%$76.3M$31.1M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h789.09−0.013%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h788.41−0.099%$4.0M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h788.22−0.123%$4.1M$75.6M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h787.81−0.175%$159K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h788.44−0.095%$132K$951K10xas long as short
Derive BNB-PERP+0.0100%1h788.88−0.039%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h789.13−0.008%$12K$1.5M50xas long as short
HTX BNB-USDTshort+0.0100%8h788.22−0.123%$8.0M$10.1M75x
Paradex BNB-USD-PERP+0.0101%8h789.01−0.023%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h788.33−0.109%$1.8M$6.2M50xas long as short
Aevo BNB-PERP+0.0104%1h788.68−0.064%$379K$110K10xas long as short
Phoenix BNB+0.0107%1h787.87−0.167%$169K$35K10xas long as short
SoDEX BNB-USD+0.0122%1h788.80−0.049%$388K$989K10xas long as short
dYdX BNB-USD+0.0136%1h788.46−0.093%$160K$62K10xas long as short
Kalshi KXBNBPERP+0.0140%8h789.00−0.024%$163K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0187%8h788.82−0.047%$17.6M$2.2M75xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h789.04−0.019%$1.5M$143K25xas long as short
GRVT BNB_USDT_Perp+0.0221%8h788.50−0.088%$2.9M$29.5M10xas long as short
01 Exchange BNBUSD+0.0312%1h789.16−0.004%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0323%1h788.30−0.112%$6K$3K40xas long as short
Bulk BNB-USD+0.0378%1h788.15−0.132%$639K$4K10xas long as short
RISEx BNB/USDC+0.0432%1h788.84−0.045%$1.1M$902K20xas long as short
Hibachi BNB/USDT-P+0.0560%1h788.09−0.140%$67K$39K12xas long as short