BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0180%/8h= −19.7% APRnext payment −$0.23 per $10,000 · paid last 24h −0.058%

Price spread now: Hotstuff against SoDEX+0.031%7-day average — · you sell dearer than you buy

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

Long on SoDEX 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 0.031% dearer against SoDEX than usual: you sell high and buy low (spread +0.031% 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 14 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX BNB-USD	786.30	0.0100	pay 0.0013% / 1h	45m 25s	$387K	$985K	10x
Short	Hotstuff BNB-PERP	786.54	−0.0080	pay 0.0010% / 1h	45m 25s	$4K	$42	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against SoDEX. 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 SoDEXbpFee HotstuffbpOrdersPrice spread, now +0.031%Rate

Funding earned: −$37.8
Price spread: +0.031% → 0.000%: $3.05
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$47.75
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: SoDEX: live order book, 8 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 SoDEX live order book, 8 min ago	0.63 bp	4.6 bp −$5	8.6 bp −$86	75.0 bp −$7,497	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 −0.0170% / S +0.0337%	1h	786.89	+0.075%	$43K	—	200x	as long as short
Hotstuff BNB-PERPshort	−0.0080%	1h	786.54	+0.031%	$4K	$42	25x
StandX BNB-USD	0.0000%	1h	786.82	+0.066%	$849K	$2.9M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	786.89	+0.076%	$9.5M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.390%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0048%	8h	786.98	+0.086%	$6.1M	$19.0M	200x	as long as short
BingX BNB-USDT	+0.0054%	8h	787.04	+0.094%	—	$22.3M	—	as long as short
Binance BNBUSDT	+0.0067%	8h	787.48	+0.150%	$490.6M	$816.4M	75x	as long as short
MEXC BNB_USDT	+0.0067%	8h	788.00	+0.216%	$81.0M	$12.0M	200x	as long as short
dYdX BNB-USD	+0.0069%	1h	786.47	+0.021%	$159K	$62K	10x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex BNBUSDT	+0.0075%	8h	786.59	+0.037%	$68.8M	$51.0M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0080%	1h	786.56	+0.033%	$568K	$1.9M	50x	as long as short
Lighter BNB	+0.0096%	1h	786.25	−0.006%	$2.7M	$3.8M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	786.12	−0.023%	$264K	$471K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	786.05	−0.032%	$1.4M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	786.36	+0.008%	$1.2M	$933K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	786.71	+0.052%	$138.4M	$75.3M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	786.70	+0.051%	$53.4M	$113.1M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	786.40	+0.013%	$52K	$129K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	786.25	−0.006%	$37.1M	$58.8M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	786.68	+0.048%	$27.7M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	786.46	+0.020%	$76.1M	$31.1M	75x	as long as short
Variational Omni BNB	+0.0100%	8h	785.91	−0.049%	$4.0M	$4.8M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	786.94	+0.081%	$4.1M	$76.0M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	787.08	+0.099%	$158K	$437K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	786.67	+0.047%	$131K	$949K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	786.29	−0.001%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	786.54	+0.030%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USDlong	+0.0100%	1h	786.30	long leg	$387K	$985K	10x
HTX BNB-USDT	+0.0100%	8h	786.21	−0.011%	$8.0M	$10.1M	75x	as long as short
Paradex BNB-USD-PERP	+0.0101%	8h	786.80	+0.064%	$76K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	785.88	−0.054%	$1.8M	$6.2M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	786.17	−0.016%	$378K	$110K	10x	as long as short
Hyperliquid BNB	+0.0123%	1h	787.39	+0.139%	$51.5M	$17.6M	10x	as long as short
Backpack BNB_USDC_PERP	+0.0131%	1h	786.50	+0.025%	$2.2M	$6.1M	40x	as long as short
Phoenix BNB	+0.0135%	1h	786.68	+0.048%	$169K	$35K	10x	as long as short
Kalshi KXBNBPERP	+0.0141%	8h	787.10	+0.102%	$170K	$2.7M	4.8x	as long as short
BloFin BNB-USDT	+0.0187%	8h	786.90	+0.076%	$17.7M	$2.2M	75x	as long as short
Kraken Futures PF_BNBUSD	+0.0206%	1h	785.97	−0.041%	$2.5M	$1.2M	50x	as long as short
GRVT BNB_USDT_Perp	+0.0227%	8h	787.04	+0.094%	$2.9M	$29.5M	10x	as long as short
01 Exchange BNBUSD	+0.0272%	1h	786.74	+0.056%	$28K	$4K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	786.50	+0.026%	$1.5M	$143K	25x	as long as short
Reya BNBRUSDPERP	+0.0322%	1h	786.56	+0.033%	$6K	$3K	40x	as long as short
Bulk BNB-USD	+0.0328%	1h	787.20	+0.115%	$638K	$4K	10x	as long as short
RISEx BNB/USDC	+0.0438%	1h	786.39	+0.011%	$1.1M	$913K	20x	as long as short
Hibachi BNB/USDT-P	+0.0552%	1h	786.45	+0.018%	$67K	$39K	12x	as long as short