Settings8H · net · $10k
Funding arb · Price arb /

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0286%/8h= −31.3% APRpaid last 24h −0.092%
Price spread now: Hotstuff against BloFin−0.023%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Hotstuff is 0.023% cheaper against BloFin than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin BNB-USDT799.450.0206pay 0.0206% / 8h7h 34m$18.1M$2.5M75x
ShortHotstuff BNB-PERP799.27−0.0080pay 0.0010% / 1h34m 11s$4K$23925x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against BloFin. 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

Funding earned
−$60.09
Price spread: −0.023% → 0.000%
−$2.25
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$79.34
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 5 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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 5 min ago0.06 bp6.1 bp −$66.6 bp −$6614.5 bp −$1,452doesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0159% / S +0.0335%1h798.84−0.076%$47K200xas long as short
Kraken Futures PF_BNBUSD−0.0121%1h798.94−0.064%$2.5M$966K50xas long as short
Hotstuff BNB-PERPshort−0.0080%1h799.27−0.023%$4K$23925x
BingX BNB-USDC−0.0057%8h798.98−0.059%$13.4Mas long as short
Bybit BNBUSDT−0.0028%8h798.40−0.131%$138.6M$75.1M75xas long as short
GRVT BNB_USDT_Perp0.0000%8h799.67+0.028%$3.0M$27.4M10xas long as short
StandX BNB-USD0.0000%1h799.18−0.034%$864K$2.9M30xas long as short
Phemex BNBUSDT0.0000%8h799.48+0.004%$69.8M$50.5M50xas long as short
Variational Omni BNB+0.0004%8h798.73−0.091%$4.1M$5.2Mas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h798.86−0.074%$9.7M150xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BNB/USDC PERP+0.0033%1h805.09+0.705%$19K$789K30xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h798.73−0.090%$602K$972K50xas long as short
Aster BNBUSDT+0.0063%8h799.40−0.006%$6.2M$19.1M200xas long as short
Binance BNBUSDT+0.0085%8h799.11−0.043%$496.1M$807.3M75xas long as short
MEXC BNB_USDT+0.0086%8h799.80+0.044%$83.1M$13.5M200xas long as short
Gate BNB_USDT+0.0087%8h798.70−0.094%$35.7M$56.1M75xas long as short
Lighter BNB+0.0096%1h799.21−0.030%$2.8M$4.0M20xas long as short
Phoenix BNB+0.0099%1h799.23−0.028%$172K$36K10xas long as short
Nado BNB-PERP+0.0100%1h798.60−0.106%$1.5M$2.7M20xas long as short
Pacifica BNB+0.0100%1h799.03−0.053%$1.2M$924K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h798.80−0.081%$54.1M$110.3M50xas long as short
Arcus BNB-USD+0.0100%1h799.10−0.044%$53K$133K10xas long as short
KuCoin BNBUSDTM+0.0100%8h798.92−0.066%$28.0M$10.0M75xas long as short
Bitget BNBUSDT+0.0100%8h798.55−0.113%$78.8M$27.3M75xas long as short
edgeX BNBUSDC+0.0100%4h799.78+0.041%$4.2M$76.3M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h799.32−0.016%$161K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h798.77−0.085%$116K$873K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h798.87−0.073%$386K$458K50xas long as short
Derive BNB-PERP+0.0100%1h799.07−0.048%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h799.34−0.014%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h799.10−0.044%$393K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h798.76−0.086%$8.2M$8.2M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h799.450.000%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h798.52−0.117%$1.8M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h798.96−0.061%$384K$108K10xas long as short
Bulk BNB-USD+0.0127%1h799.69+0.030%$649K$10K10xas long as short
Hibachi BNB/USDT-P+0.0152%1h799.31−0.017%$69K$37K12xas long as short
Kalshi KXBNBPERP+0.0153%8h799.40−0.006%$91K$2.8M4.8xas long as short
RISEx BNB/USDC+0.0155%1h798.99−0.058%$1.1M$1.4M20xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h799.40−0.007%$1.6M$160K25xas long as short
BloFin BNB-USDTlong+0.0206%8h799.45long leg$18.1M$2.5M75x
01 Exchange BNBUSD+0.0208%1h799.50+0.006%$28K$1K10xas long as short
dYdX BNB-USD+0.0253%1h798.87−0.072%$161K$63K10xas long as short
Hyperliquid BNB+0.0311%1h799.52+0.009%$53.2M$20.6M10xas long as short
Reya BNBRUSDPERP+0.0330%1h798.41−0.130%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0396%1h799.74+0.036%$2.7M$5.6M40xas long as short