BNB

Alert

Funding spread now, next payment 18:00 UTC+0.0007%/8h

next payment, per $10,000+$0.01paid, last 24h+0.082%paid, last 3 days+0.225%to open and closeno order book

Long on Hotstuff Short on Kraken Futures

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff BNB-PERP	794.17	−0.0080	get 0.0010% / 1h	6m 40s	$4K	$1K	25x
Short	Kraken Futures PF_BNBUSD	794.61	−0.0073	pay 0.0009% / 1h	6m 40s	$2.5M	$924K	50x

Funding history

latest

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Funding on every exchange

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Profit calculator

Position, each leg$Hold fordaysFee HotstuffbpFee Kraken FuturesbpOrdersRate

Funding earned: $1.56
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$13.44
Break-even: 67.2 days

Slippage unknown: Hotstuff: no order-book sample; Kraken Futures: live order book, 3 min ago. Net counts fees only.

Price risk

price view

Price gap now: +0.055%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Kraken Futures live order book, 3 min ago	3.84 bp	10.6 bp −$11	14.0 bp −$140	29.8 bp −$2,981	90.4 bp −$45.2K

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 45 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
GMX BNB/USD [WBTC.b-USDC]	L −0.0192% / S +0.0368%	1h	$48K	—	200x	as long as short
Hotstuff BNB-PERPlong	−0.0080%	1h	$4K	$1K	25x
Kraken Futures PF_BNBUSDshort	−0.0073%	1h	$2.5M	$924K	50x
Bybit BNBUSDT	−0.0029%	8h	$137.8M	$91.6M	75x	as long as short
BingX BNB-USDT	−0.0029%	8h	—	$33.2M	—	as long as short
StandX BNB-USD	0.0000%	1h	$860K	$3.3M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0008%	1h	$9.7M	—	150x	as long as short
Variational Omni BNB	+0.0022%	8h	$4.0M	$6.4M	—	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	$19K	$387K	30x	as long as short
Coinbase International BNB-PERP-INTX	+0.0056%	1h	$596K	$913K	50x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Aster BNBUSDT	+0.0089%	8h	$6.3M	$18.8M	200x	as long as short
Lighter BNB	+0.0096%	1h	$2.6M	$3.4M	20x	as long as short
Binance BNBUSDT	+0.0098%	8h	$512.1M	$806.8M	75x	as long as short
MEXC BNB_USDT	+0.0098%	8h	$83.5M	$16.8M	200x	as long as short
Nado BNB-PERP	+0.0100%	1h	$1.4M	$2.8M	20x	as long as short
Pacifica BNB	+0.0100%	1h	$1.2M	$912K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	$54.5M	$115.5M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	$51K	$239K	10x	as long as short
Bulk BNB-USD	+0.0100%	1h	$647K	$132K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	$36.0M	$61.3M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	$27.8M	$10.5M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	$77.5M	$24.9M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	$2.1M	$4.7M	40x	as long as short
edgeX BNBUSDC	+0.0100%	4h	$4.1M	$76.9M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	$157K	$438K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	$123K	$883K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	$321K	$632K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	$13K	$1.7M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	$391K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	$8.1M	$6.5M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	$77K	$141K	50x	as long as short
Phemex BNBUSDT	+0.0101%	8h	$69.7M	$51.6M	50x	as long as short
Extended BNB-USD	+0.0104%	1h	$1.8M	$6.4M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	$382K	$40K	10x	as long as short
Kalshi KXBNBPERP	+0.0105%	8h	$151K	$2.8M	4.8x	as long as short
RISEx BNB/USDC	+0.0119%	1h	$1.1M	$1.5M	20x	as long as short
Phoenix BNB	+0.0130%	1h	$169K	$30K	10x	as long as short
Hibachi BNB/USDT-P	+0.0176%	1h	$70K	$47K	12x	as long as short
BloFin BNB-USDT	+0.0218%	8h	$18.9M	$3.0M	75x	as long as short
01 Exchange BNBUSD	+0.0240%	1h	$28K	$1K	10x	as long as short
dYdX BNB-USD	+0.0255%	1h	$172K	$50K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	$1.6M	$168K	25x	as long as short
Reya BNBRUSDPERP	+0.0331%	1h	$9K	—	40x	as long as short
Hyperliquid BNB	+0.0341%	1h	$51.8M	$21.1M	10x	as long as short