BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0430%/8h= −47.0% APRnext payment −$0.54 per $10,000 · paid last 24h −0.092%

Price spread now: Hotstuff against RISEx+0.059%7-day average — · you sell dearer than you buy

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

Long on RISEx Short on Hotstuff

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 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 0.059% dearer against RISEx than usual: you sell high and buy low (spread +0.059% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 11 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx BNB/USDC	785.19	0.0350	pay 0.0044% / 1h	36m 30s	$1.1M	$906K	20x
Short	Hotstuff BNB-PERP	785.65	−0.0080	pay 0.0010% / 1h	36m 30s	$4K	$42	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against RISEx. 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 RISExbpFee HotstuffbpOrdersPrice spread, now +0.059%Rate

Funding earned: −$90.2
Price spread: +0.059% → 0.000%: $5.86
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$95.34
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: RISEx: 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 RISEx live order book, 2 min ago	1.21 bp	4.2 bp −$4	7.6 bp −$76	doesn't fit	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 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 −0.0168% / S +0.0337%	1h	785.29	+0.012%	$43K	—	200x	as long as short
Hotstuff BNB-PERPshort	−0.0080%	1h	785.65	+0.059%	$4K	$42	25x
Kraken Futures PF_BNBUSD	−0.0050%	1h	785.17	−0.003%	$2.5M	$1.2M	50x	as long as short
StandX BNB-USD	0.0000%	1h	786.17	+0.125%	$848K	$2.7M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	785.30	+0.015%	$9.5M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.534%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0042%	8h	785.43	+0.031%	$6.0M	$18.9M	200x	as long as short
BingX BNB-USDC	+0.0044%	8h	785.09	−0.013%	—	$13.4M	—	as long as short
Binance BNBUSDT	+0.0053%	8h	785.32	+0.017%	$488.2M	$822.4M	75x	as long as short
MEXC BNB_USDT	+0.0053%	8h	786.20	+0.129%	$80.9M	$11.9M	200x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX BNB-USD	+0.0067%	1h	785.74	+0.070%	$159K	$62K	10x	as long as short
Phemex BNBUSDT	+0.0081%	8h	785.81	+0.079%	$68.6M	$51.5M	50x	as long as short
Lighter BNB	+0.0096%	1h	785.33	+0.018%	$2.7M	$3.8M	20x	as long as short
Phoenix BNB	+0.0100%	1h	786.10	+0.116%	$168K	$35K	10x	as long as short
Nado BNB-PERP	+0.0100%	1h	785.00	−0.024%	$1.3M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	785.84	+0.083%	$51.4M	$17.7M	10x	as long as short
Pacifica BNB	+0.0100%	1h	785.41	+0.028%	$1.2M	$934K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	784.81	−0.048%	$138.1M	$74.9M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	784.70	−0.062%	$53.4M	$113.2M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	785.10	−0.011%	$52K	$129K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	785.10	−0.011%	$38.3M	$57.7M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	784.78	−0.052%	$27.6M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	784.56	−0.080%	$76.0M	$31.9M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	785.77	+0.074%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	786.30	+0.141%	$4.0M	$4.7M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	786.25	+0.136%	$4.1M	$76.1M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	786.94	+0.223%	$158K	$437K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	785.24	+0.006%	$131K	$953K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	785.33	+0.018%	$264K	$422K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	785.55	+0.046%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	785.82	+0.080%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	785.50	+0.039%	$386K	$972K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	785.56	+0.047%	$8.0M	$10.3M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	785.58	+0.049%	$78K	$18K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	784.68	−0.064%	$1.8M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	785.32	+0.016%	$377K	$110K	10x	as long as short
Coinbase International BNB-PERP-INTX	+0.0104%	1h	786.02	+0.106%	$556K	$1.9M	50x	as long as short
Kalshi KXBNBPERP	+0.0112%	8h	785.80	+0.078%	$170K	$2.7M	4.8x	as long as short
BloFin BNB-USDT	+0.0174%	8h	785.82	+0.080%	$17.7M	$2.2M	75x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	785.71	+0.067%	$1.5M	$145K	25x	as long as short
Bulk BNB-USD	+0.0201%	1h	786.50	+0.167%	$637K	$831	10x	as long as short
GRVT BNB_USDT_Perp	+0.0224%	8h	786.60	+0.180%	$2.9M	$28.6M	10x	as long as short
01 Exchange BNBUSD	+0.0256%	1h	785.36	+0.022%	$28K	$4K	10x	as long as short
Reya BNBRUSDPERP	+0.0321%	1h	785.05	−0.018%	$6K	$3K	40x	as long as short
RISEx BNB/USDClong	+0.0350%	1h	785.19	long leg	$1.1M	$906K	20x
Hibachi BNB/USDT-P	+0.0464%	1h	785.82	+0.081%	$67K	$39K	12x	as long as short