BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0184%/8h= −20.1% APRnext payment −$0.23 per $10,000 · paid last 24h −0.055%

Price spread now: Hotstuff against Aevo+0.119%7-day average — · you sell dearer than you buy

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

Long on Aevo 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 0.119% dearer against Aevo than usual: you sell high and buy low (spread +0.119% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo BNB-PERP	801.31	0.0104	pay 0.0013% / 1h	27m 59s	$385K	$40K	10x
Short	Hotstuff BNB-PERP	802.26	−0.0080	pay 0.0010% / 1h	27m 59s	$4K	$1K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Aevo. 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 AevobpFee HotstuffbpOrdersPrice spread, now +0.119%Rate

Funding earned: −$38.64
Price spread: +0.119% → 0.000%: $11.88
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$47.76
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Aevo: live order book, 56 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 Aevo live order book, 56 min ago	12.10 bp	43.9 bp −$44	52.6 bp −$526	79.9 bp −$7,995	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 −0.0201% / S +0.0372%	1h	801.11	−0.024%	$48K	—	200x	as long as short
Hotstuff BNB-PERPshort	−0.0080%	1h	802.26	+0.119%	$4K	$1K	25x
GRVT BNB_USDT_Perp	0.0000%	8h	801.73	+0.053%	$3.0M	$29.5M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	802.10	+0.099%	$158K	$2.8M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	802.32	+0.126%	$867K	$2.8M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	801.17	−0.017%	$9.7M	—	150x	as long as short
Variational Omni BNB	+0.0040%	8h	800.85	−0.057%	$4.1M	$5.3M	—	as long as short
BingX BNB-USDC	+0.0067%	8h	800.90	−0.051%	—	$13.3M	—	as long as short
Bybit BNBUSDT	+0.0081%	8h	800.07	−0.155%	$139.4M	$83.1M	75x	as long as short
Lighter BNB	+0.0096%	1h	801.12	−0.023%	$2.8M	$4.2M	20x	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	+0.0096%	1h	801.17	−0.017%	$610K	$1.0M	50x	as long as short
Aster BNBUSDT	+0.0100%	8h	801.48	+0.021%	$6.4M	$19.3M	200x	as long as short
Nado BNB-PERP	+0.0100%	1h	801.61	+0.037%	$1.4M	$2.8M	20x	as long as short
Pacifica BNB	+0.0100%	1h	801.96	+0.081%	$1.2M	$926K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	800.40	−0.113%	$54.8M	$117.3M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	802.10	+0.099%	$53K	$170K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	800.55	−0.095%	$35.7M	$58.3M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	800.85	−0.057%	$28.0M	$10.6M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	800.40	−0.113%	$80.9M	$26.9M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	802.78	+0.184%	$4.2M	$77.4M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	802.46	+0.144%	$161K	$441K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	801.60	+0.036%	$121K	$880K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	800.94	−0.046%	$387K	$592K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	801.15	−0.020%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	801.61	+0.037%	$12K	$1.7M	50x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0100%	1h	801.25	−0.007%	$1.6M	$165K	25x	as long as short
HTX BNB-USDT	+0.0100%	8h	800.97	−0.042%	$8.2M	$7.9M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	802.40	+0.136%	$78K	$19K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	800.58	−0.091%	$1.8M	$6.1M	50x	as long as short
Aevo BNB-PERPlong	+0.0104%	1h	801.31	long leg	$385K	$40K	10x
MEXC BNB_USDT	+0.0118%	8h	801.80	+0.061%	$83.4M	$13.8M	200x	as long as short
Binance BNBUSDT	+0.0119%	8h	801.09	−0.027%	$503.6M	$829.7M	75x	as long as short
SoDEX BNB-USD	+0.0125%	1h	800.90	−0.051%	$394K	$1.0M	10x	as long as short
Phemex BNBUSDT	+0.0126%	8h	801.34	+0.004%	$70.0M	$51.7M	50x	as long as short
Phoenix BNB	+0.0155%	1h	801.68	+0.046%	$172K	$35K	10x	as long as short
Hibachi BNB/USDT-P	+0.0160%	1h	801.59	+0.035%	$71K	$48K	12x	as long as short
dYdX BNB-USD	+0.0183%	1h	801.39	+0.010%	$162K	$62K	10x	as long as short
Kraken Futures PF_BNBUSD	+0.0207%	1h	800.77	−0.067%	$2.6M	$984K	50x	as long as short
BloFin BNB-USDT	+0.0239%	8h	802.15	+0.105%	$18.5M	$2.6M	75x	as long as short
Hyperliquid BNB	+0.0280%	1h	801.51	+0.025%	$51.8M	$22.3M	10x	as long as short
Injective BNB/USDC PERP	+0.0311%	1h	805.09	+0.472%	$19K	$789K	30x	as long as short
RISEx BNB/USDC	+0.0318%	1h	802.04	+0.092%	$1.1M	$1.4M	20x	as long as short
Reya BNBRUSDPERP	+0.0333%	1h	801.04	−0.034%	$6K	$3K	40x	as long as short
01 Exchange BNBUSD	+0.0336%	1h	802.55	+0.155%	$28K	$1K	10x	as long as short
Bulk BNB-USD	+0.0354%	1h	801.59	+0.035%	$651K	$21K	10x	as long as short
Backpack BNB_USDC_PERP	+0.0665%	1h	801.53	+0.028%	$2.7M	$5.6M	40x	as long as short