BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0406%/8h= −44.4% APRnext payment −$0.51 per $10,000 · paid last 24h −0.121%

Price spread now: Hotstuff against Reya+0.028%54s7-day average — · you sell dearer than you buy

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

Long on Reya 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 airdropReya: Active · Hotstuff: Active · farm boardneeds both histories

The price spread pays, funding is against you. Hotstuff is 0.028% dearer against Reya than usual: you sell high and buy low (spread +0.028% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 5 hours. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya BNBRUSDPERP	788.60	0.0326	pay 0.0041% / 1h	15m 38s	$6K	$3K	40x
Short	Hotstuff BNB-PERP	788.82	−0.0080	pay 0.0010% / 1h	15m 38s	$4K	$42	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Reya. 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 ReyabpFee HotstuffbpOrdersPrice spread, now +0.028%Rate

Funding earned: −$85.19
Price spread: +0.028% → 0.000%: $2.75
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$93.44
Costs to cover: 0.110%
Break-even: never at this rate

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

Reya and 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX BNB/USD [WBTC.b-USDC]	L −0.0188% / S +0.0352%	1h	788.63	+0.004%	$46K	—	200x	as long as short
Hotstuff BNB-PERPshort	−0.0080%	1h	788.82	+0.028%	$4K	$42	25x
StandX BNB-USD	0.0000%	1h	789.06	+0.058%	$851K	$3.2M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	788.61	+0.001%	$9.5M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.091%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0036%	8h	789.15	+0.070%	$6.1M	$18.7M	200x	as long as short
BingX BNB-USDC	+0.0050%	8h	788.90	+0.038%	—	$13.4M	—	as long as short
Phemex BNBUSDT	+0.0060%	8h	789.31	+0.090%	$69.0M	$50.0M	50x	as long as short
MEXC BNB_USDT	+0.0060%	8h	789.60	+0.126%	$80.1M	$12.4M	200x	as long as short
Binance BNBUSDT	+0.0060%	8h	789.54	+0.119%	$492.7M	$789.6M	75x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International BNB-PERP-INTX	+0.0064%	1h	789.45	+0.107%	$582K	$1.9M	50x	as long as short
Lighter BNB	+0.0096%	1h	788.86	+0.033%	$2.7M	$3.9M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	788.72	+0.015%	$265K	$492K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	788.45	−0.019%	$1.5M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	789.30	+0.088%	$51.8M	$17.6M	10x	as long as short
Pacifica BNB	+0.0100%	1h	788.94	+0.043%	$1.2M	$931K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	788.79	+0.024%	$138.8M	$74.4M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	788.80	+0.025%	$53.4M	$111.2M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	789.10	+0.063%	$52K	$130K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	788.75	+0.019%	$35.5M	$57.5M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	788.45	−0.019%	$28.0M	$10.4M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	788.49	−0.014%	$76.3M	$30.1M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	789.27	+0.085%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	788.31	−0.037%	$4.1M	$4.6M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	789.65	+0.133%	$4.1M	$73.3M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	789.38	+0.099%	$159K	$441K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	788.72	+0.015%	$133K	$950K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	788.79	+0.024%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	789.19	+0.075%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	788.90	+0.038%	$388K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	788.94	+0.043%	$8.1M	$9.5M	75x	as long as short
Paradex BNB-USD-PERP	+0.0101%	8h	789.13	+0.067%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	788.34	−0.034%	$1.8M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	788.69	+0.011%	$379K	$110K	10x	as long as short
Phoenix BNB	+0.0117%	1h	789.49	+0.112%	$170K	$35K	10x	as long as short
dYdX BNB-USD	+0.0122%	1h	788.65	+0.006%	$160K	$64K	10x	as long as short
GRVT BNB_USDT_Perp	+0.0152%	8h	789.95	+0.171%	$2.9M	$28.6M	10x	as long as short
Kalshi KXBNBPERP	+0.0175%	8h	789.90	+0.164%	$125K	$2.7M	4.8x	as long as short
BloFin BNB-USDT	+0.0181%	8h	789.84	+0.157%	$18.2M	$2.2M	75x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	789.09	+0.061%	$1.5M	$143K	25x	as long as short
Bulk BNB-USD	+0.0222%	1h	790.13	+0.193%	$640K	$9K	10x	as long as short
01 Exchange BNBUSD	+0.0232%	1h	789.50	+0.114%	$28K	$4K	10x	as long as short
Kraken Futures PF_BNBUSD	+0.0264%	1h	788.59	−0.002%	$2.5M	$1.2M	50x	as long as short
Reya BNBRUSDPERPlong	+0.0326%	1h	788.60	long leg	$6K	$3K	40x
Hibachi BNB/USDT-P	+0.0392%	1h	789.26	+0.084%	$67K	$38K	12x	as long as short
RISEx BNB/USDC	+0.0461%	1h	789.23	+0.079%	$1.1M	$967K	20x	as long as short