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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0180%/8h= −19.7% APRnext payment $0.23 per $10,000 · paid last 24h −0.054%
Price spread now: Hotstuff against Pacifica+0.029%7-day average · you sell dearer than you buy
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 airdropPacifica: Active · Hotstuff: Active · farm boardneeds both histories
The price spread pays, funding is against you. Hotstuff is 0.029% dearer against Pacifica than usual: you sell high and buy low (spread +0.029% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 13 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica BNB798.930.0100pay 0.0013% / 1h9m 06s$1.2M$930K20x
ShortHotstuff BNB-PERP799.16−0.0080pay 0.0010% / 1h9m 06s$4K$23925x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against Pacifica. 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: +0.029% → 0.000%
$2.93
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$47.87
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 5 min ago; Hotstuff: 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
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 5 min ago2.06 bp6.4 bp −$6doesn't fitdoesn't fitdoesn't fit
Sell Hotstuff no order-book sample
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 −0.0159% / S +0.0335%1h798.34−0.074%$47K200xas long as short
Kraken Futures PF_BNBUSD−0.0121%1h797.95−0.122%$2.5M$1.0M50xas long as short
Hotstuff BNB-PERPshort−0.0080%1h799.16+0.029%$4K$23925x
GRVT BNB_USDT_Perp0.0000%8h799.74+0.102%$3.0M$27.9M10xas long as short
StandX BNB-USD0.0000%1h799.03+0.013%$863K$2.9M30xas long as short
Phemex BNBUSDT0.0000%8h798.88−0.006%$69.8M$50.1M50xas long as short
Gate BNB_USDT+0.0005%8h798.00−0.116%$35.9M$57.0M75xas long as short
Variational Omni BNB+0.0008%8h797.92−0.126%$4.1M$5.1Mas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h798.33−0.074%$9.7M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+0.772%$19K$789K30xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BNB-USDC+0.0035%8h798.32−0.076%$13.4Mas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h799.07+0.018%$615K$1.1M50xas long as short
Aster BNBUSDT+0.0049%8h798.79−0.017%$6.1M$19.4M200xas long as short
Bybit BNBUSDT+0.0072%8h797.96−0.121%$138.5M$76.0M75xas long as short
MEXC BNB_USDT+0.0072%8h799.00+0.009%$83.1M$13.7M200xas long as short
Binance BNBUSDT+0.0072%8h798.65−0.035%$496.1M$808.6M75xas long as short
Lighter BNB+0.0096%1h798.29−0.080%$2.8M$4.0M20xas long as short
Phoenix BNB+0.0099%1h799.02+0.012%$172K$36K10xas long as short
Nado BNB-PERP+0.0100%1h798.40−0.066%$1.5M$2.7M20xas long as short
Pacifica BNBlong+0.0100%1h798.93long leg$1.2M$930K20x
OKX BNB-USDT-SWAP+0.0100%8h798.00−0.116%$54.1M$110.6M50xas long as short
Arcus BNB-USD+0.0100%1h799.10+0.022%$53K$127K10xas long as short
KuCoin BNBUSDTM+0.0100%8h798.16−0.096%$27.9M$10.0M75xas long as short
Bitget BNBUSDT+0.0100%8h797.68−0.156%$78.1M$28.0M75xas long as short
edgeX BNBUSDC+0.0100%4h798.74−0.023%$4.1M$75.9M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h798.57−0.045%$161K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h798.58−0.043%$113K$884K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h798.33−0.075%$386K$459K50xas long as short
Derive BNB-PERP+0.0100%1h798.44−0.061%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h799.09+0.020%$13K$1.6M50xas long as short
SoDEX BNB-USD+0.0100%1h798.40−0.066%$393K$996K10xas long as short
HTX BNB-USDT+0.0100%8h798.40−0.066%$8.2M$8.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h799.45+0.065%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h798.07−0.108%$1.8M$6.0M50xas long as short
Aevo BNB-PERP+0.0104%1h798.33−0.075%$383K$110K10xas long as short
Bulk BNB-USD+0.0138%1h797.80−0.141%$648K$10K10xas long as short
RISEx BNB/USDC+0.0155%1h798.930.000%$1.1M$1.4M20xas long as short
Kalshi KXBNBPERP+0.0161%8h799.10+0.022%$90K$2.8M4.8xas long as short
dYdX BNB-USD+0.0191%1h798.50−0.053%$161K$63K10xas long as short
BloFin BNB-USDT+0.0192%8h799.07+0.018%$18.1M$2.5M75xas long as short
01 Exchange BNBUSD+0.0200%1h798.99+0.008%$28K$1K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h798.78−0.018%$1.6M$161K25xas long as short
Hyperliquid BNB+0.0286%1h798.97+0.006%$53.1M$20.1M10xas long as short
Hibachi BNB/USDT-P+0.0328%1h798.97+0.005%$68K$38K12xas long as short
Reya BNBRUSDPERP+0.0330%1h798.21−0.090%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0431%1h799.02+0.012%$2.7M$5.7M40xas long as short