BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0180%/8h= −19.7% APRnext payment −$0.23 per $10,000 · paid last 24h −0.054%

Price spread now: Hotstuff against Polymarket Perps+0.105%7-day average — · you sell dearer than you buy

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

Long on Polymarket Perps Short on Hotstuff

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 pays, funding is against you. Hotstuff is 0.105% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.105% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 47 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps BNB-USD	789.10	0.0100	pay 0.0013% / 1h	0m 51s	$137K	$947K	10x
Short	Hotstuff BNB-PERP	789.93	−0.0080	pay 0.0010% / 1h	0m 51s	$4K	$239	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Polymarket Perps. 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 Polymarket PerpsbpFee HotstuffbpOrdersPrice spread, now +0.105%Rate

Funding earned: −$37.8
Price spread: +0.105% → 0.000%: $10.52
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$40.28
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: live order book, 2 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Polymarket Perps live order book, 2 min ago	2.03 bp	8.3 bp −$8	8.9 bp −$89	14.5 bp −$1,451	doesn'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 45 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 −0.0167% / S +0.0335%	1h	789.23	+0.016%	$46K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0132%	1h	789.38	+0.035%	$2.5M	$1.2M	50x	as long as short
Hotstuff BNB-PERPshort	−0.0080%	1h	789.93	+0.105%	$4K	$239	25x
StandX BNB-USD	0.0000%	1h	790.38	+0.162%	$854K	$3.2M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	789.32	+0.028%	$9.6M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.026%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0034%	8h	789.97	+0.110%	$6.2M	$18.9M	200x	as long as short
BingX BNB-USDT	+0.0051%	8h	789.21	+0.014%	—	$34.6M	—	as long as short
Coinbase International BNB-PERP-INTX	+0.0056%	1h	789.66	+0.071%	$619K	$1.8M	50x	as long as short
Phemex BNBUSDT	+0.0058%	8h	789.78	+0.086%	$69.1M	$50.8M	50x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BNB	+0.0062%	8h	789.21	+0.014%	$4.1M	$4.8M	—	as long as short
Gate BNB_USDT	+0.0066%	8h	789.00	−0.013%	$35.4M	$58.0M	75x	as long as short
MEXC BNB_USDT	+0.0067%	8h	789.90	+0.101%	$80.5M	$13.2M	200x	as long as short
Binance BNBUSDT	+0.0068%	8h	789.65	+0.069%	$494.3M	$812.9M	75x	as long as short
Phoenix BNB	+0.0088%	1h	789.43	+0.042%	$170K	$36K	10x	as long as short
Lighter BNB	+0.0096%	1h	789.60	+0.064%	$2.8M	$4.1M	20x	as long as short
GRVT BNB_USDT_Perp	+0.0098%	8h	790.16	+0.134%	$2.9M	$28.4M	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	789.28	+0.023%	$381K	$386K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	789.45	+0.044%	$1.5M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	790.03	+0.118%	$51.8M	$18.7M	10x	as long as short
Pacifica BNB	+0.0100%	1h	789.58	+0.061%	$1.2M	$920K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	788.93	−0.022%	$138.8M	$79.3M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	789.00	−0.013%	$53.3M	$113.1M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	789.60	+0.063%	$52K	$135K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	789.05	−0.006%	$27.8M	$10.4M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	788.96	−0.018%	$77.3M	$29.9M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	790.23	+0.144%	$4.1M	$77.3M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	790.07	+0.123%	$159K	$438K	50x	as long as short
Polymarket Perps BNB-USDlong	+0.0100%	1h	789.10	long leg	$137K	$947K	10x
Derive BNB-PERP	+0.0100%	1h	789.45	+0.045%	$31K	$9K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	789.69	+0.074%	$12K	$1.6M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	789.47	+0.047%	$8.1M	$9.0M	75x	as long as short
Paradex BNB-USD-PERP	+0.0101%	8h	789.97	+0.110%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	788.91	−0.024%	$1.8M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	789.18	+0.010%	$379K	$110K	10x	as long as short
SoDEX BNB-USD	+0.0116%	1h	789.40	+0.038%	$388K	$1.0M	10x	as long as short
dYdX BNB-USD	+0.0117%	1h	789.56	+0.058%	$160K	$64K	10x	as long as short
RISEx BNB/USDC	+0.0131%	1h	789.60	+0.063%	$1.1M	$1.1M	20x	as long as short
Kalshi KXBNBPERP	+0.0178%	8h	789.80	+0.089%	$92K	$2.9M	4.8x	as long as short
01 Exchange BNBUSD	+0.0272%	1h	789.98	+0.112%	$28K	$3K	10x	as long as short
Bulk BNB-USD	+0.0298%	1h	789.80	+0.089%	$640K	$13K	10x	as long as short
Reya BNBRUSDPERP	+0.0328%	1h	788.95	−0.019%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0384%	1h	789.79	+0.087%	$2.2M	$6.0M	40x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0400%	1h	789.82	+0.091%	$1.5M	$160K	25x	as long as short
Hibachi BNB/USDT-P	+0.0520%	1h	789.88	+0.099%	$67K	$39K	12x	as long as short