BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0200%/8h= −21.9% APRnext payment −$0.25 per $10,000 · paid last 24h −0.048%

Price spread now: Hotstuff against Coinbase International+0.052%7-day average — · you sell dearer than you buy

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

Long on Coinbase International 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 0.052% dearer against Coinbase International than usual: you sell high and buy low (spread +0.052% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 21 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International BNB-PERP-INTX	787.08	0.0120	pay 0.0015% / 1h	29m 38s	$548K	$1.9M	50x
Short	Hotstuff BNB-PERP	787.49	−0.0080	pay 0.0010% / 1h	29m 38s	$4K	—	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Coinbase International. 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 Coinbase InternationalbpFee HotstuffbpOrdersPrice spread, now +0.052%Rate

Funding earned: −$42
Price spread: +0.052% → 0.000%: $5.21
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$51.79
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Coinbase International: 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 Coinbase International live order book, 2 min ago	1.46 bp	7.2 bp −$7	14.2 bp −$142	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 45 exchanges

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 −0.0166% / S +0.0336%	1h	786.48	−0.076%	$43K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0086%	1h	786.38	−0.089%	$2.5M	$1.2M	50x	as long as short
Hotstuff BNB-PERPshort	−0.0080%	1h	787.49	+0.052%	$4K	—	25x
Aster BNBUSDT	0.0000%	8h	787.20	+0.015%	$6.0M	$16.9M	200x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	786.44	−0.081%	$2.9M	$26.3M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	786.80	−0.036%	$155K	$2.5M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	787.24	+0.020%	$849K	$3.0M	30x	as long as short
Deribit BNB_USDC-PERPETUAL	0.0000%	1h	786.81	−0.034%	$1.5M	$148K	25x	as long as short
Bybit BNBUSDT	+0.0006%	8h	786.21	−0.111%	$138.5M	$65.7M	75x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	785.78	−0.166%	$9.5M	—	150x	as long as short

Show all 45 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BNB-USDC	+0.0011%	8h	786.24	−0.107%	—	$13.4M	—	as long as short
MEXC BNB_USDT	+0.0012%	8h	788.00	+0.117%	$83.3M	$11.8M	200x	as long as short
Binance BNBUSDT	+0.0013%	8h	787.15	+0.009%	$480.7M	$759.7M	75x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.288%	$19K	$789K	30x	as long as short
BloFin BNB-USDT	+0.0051%	8h	786.47	−0.078%	$18.5M	$2.2M	75x	as long as short
Phemex BNBUSDT	+0.0087%	8h	787.07	−0.001%	$68.3M	$50.9M	50x	as long as short
Lighter BNB	+0.0096%	1h	786.60	−0.061%	$2.7M	$3.3M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	786.50	−0.073%	$1.4M	$2.3M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	787.28	+0.025%	$51.9M	$16.9M	10x	as long as short
Pacifica BNB	+0.0100%	1h	786.87	−0.027%	$1.2M	$930K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	786.40	−0.086%	$53.4M	$101.3M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	786.80	−0.036%	$57K	$122K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	786.60	−0.061%	$41.6M	$54.2M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	786.56	−0.066%	$28.2M	$9.6M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	786.29	−0.100%	$75.7M	$31.0M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	787.17	+0.011%	$2.2M	$6.0M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	785.47	−0.205%	$4.3M	$4.4M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	786.31	−0.098%	$4.1M	$73.3M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	786.13	−0.121%	$158K	$460K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	786.27	−0.103%	$128K	$905K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	786.57	−0.065%	$264K	$297K	50x	as long as short
SunX BNB-USDT	+0.0100%	8h	787.16	+0.010%	$12K	$1.3M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	786.60	−0.061%	$387K	$926K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	786.52	−0.071%	$8.0M	$9.9M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	786.88	−0.026%	$78K	$899K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	786.10	−0.125%	$1.8M	$5.6M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	786.40	−0.086%	$378K	$110K	10x	as long as short
Phoenix BNB	+0.0120%	1h	786.27	−0.103%	$158K	$45K	10x	as long as short
Coinbase International BNB-PERP-INTXlong	+0.0120%	1h	787.08	long leg	$548K	$1.9M	50x
01 Exchange BNBUSD	+0.0208%	1h	787.13	+0.006%	$28K	$3K	10x	as long as short
Bulk BNB-USD	+0.0305%	1h	787.61	+0.067%	$638K	$811	10x	as long as short
Reya BNBRUSDPERP	+0.0316%	1h	786.09	−0.126%	$6K	$3K	40x	as long as short
Hibachi BNB/USDT-P	+0.0336%	1h	786.10	−0.124%	$67K	$37K	12x	as long as short
RISEx BNB/USDC	+0.0393%	1h	786.18	−0.114%	$1.1M	$903K	20x	as long as short
dYdX BNB-USD	+0.1172%	1h	786.11	−0.123%	$158K	$34K	10x	as long as short