BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0193%/8h= −21.1% APRnext payment −$0.24 per $10,000 · paid last 24h −0.154%

Price spread now: Hotstuff against dYdX+0.070%7-day average — · you sell dearer than you buy

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

Long on dYdX 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 0.070% dearer against dYdX than usual: you sell high and buy low (spread +0.070% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 29 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX BNB-USD	789.56	0.0113	pay 0.0014% / 1h	2m 35s	$160K	$64K	10x
Short	Hotstuff BNB-PERP	790.11	−0.0080	pay 0.0010% / 1h	2m 35s	$4K	$239	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against dYdX. 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 dYdXbpFee HotstuffbpOrdersPrice spread, now +0.070%Rate

Funding earned: −$40.5
Price spread: +0.070% → 0.000%: $6.99
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$48.5
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: dYdX: live order book, 1 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 dYdX live order book, 1 min ago	16.57 bp	21.7 bp −$22	36.4 bp −$364	71.0 bp −$7,100	395.5 bp −$197.8K
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 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 −0.0167% / S +0.0335%	1h	789.40	−0.020%	$46K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0132%	1h	789.66	+0.013%	$2.5M	$1.2M	50x	as long as short
Hotstuff BNB-PERPshort	−0.0080%	1h	790.11	+0.070%	$4K	$239	25x
StandX BNB-USD	0.0000%	1h	790.96	+0.178%	$855K	$3.2M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	789.52	−0.005%	$9.6M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.967%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0035%	8h	789.97	+0.052%	$6.2M	$19.1M	200x	as long as short
BingX BNB-USDT	+0.0051%	8h	789.59	+0.004%	—	$34.6M	—	as long as short
Variational Omni BNB	+0.0055%	8h	789.21	−0.044%	$4.1M	$4.8M	—	as long as short
Phemex BNBUSDT	+0.0055%	8h	790.07	+0.065%	$69.1M	$50.7M	50x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International BNB-PERP-INTX	+0.0056%	1h	789.70	+0.018%	$619K	$1.8M	50x	as long as short
Gate BNB_USDT	+0.0067%	8h	789.40	−0.020%	$35.2M	$58.0M	75x	as long as short
MEXC BNB_USDT	+0.0067%	8h	790.30	+0.094%	$80.4M	$13.2M	200x	as long as short
Binance BNBUSDT	+0.0067%	8h	790.27	+0.090%	$494.6M	$816.2M	75x	as long as short
Phoenix BNB	+0.0088%	1h	789.43	−0.016%	$170K	$36K	10x	as long as short
GRVT BNB_USDT_Perp	+0.0095%	8h	789.99	+0.055%	$2.9M	$28.4M	10x	as long as short
Lighter BNB	+0.0096%	1h	789.67	+0.014%	$2.8M	$4.1M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	789.61	+0.007%	$382K	$386K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	789.20	−0.045%	$1.5M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	790.34	+0.099%	$51.8M	$18.7M	10x	as long as short
Pacifica BNB	+0.0100%	1h	789.65	+0.012%	$1.2M	$920K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	789.51	−0.006%	$138.9M	$79.3M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	789.40	−0.020%	$53.3M	$113.2M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	789.80	+0.031%	$52K	$135K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	789.30	−0.033%	$27.8M	$10.4M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	789.44	−0.015%	$77.4M	$29.8M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	789.48	−0.010%	$4.1M	$77.2M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	789.73	+0.022%	$159K	$439K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	789.48	−0.010%	$137K	$947K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	789.75	+0.024%	$31K	$9K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	790.24	+0.086%	$12K	$1.6M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	789.65	+0.011%	$8.1M	$9.0M	75x	as long as short
Paradex BNB-USD-PERP	+0.0101%	8h	790.22	+0.084%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	789.12	−0.056%	$1.8M	$6.0M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	789.69	+0.017%	$379K	$110K	10x	as long as short
SoDEX BNB-USD	+0.0112%	1h	789.80	+0.031%	$388K	$1.0M	10x	as long as short
dYdX BNB-USDlong	+0.0113%	1h	789.56	long leg	$160K	$64K	10x
RISEx BNB/USDC	+0.0131%	1h	789.83	+0.034%	$1.1M	$1.1M	20x	as long as short
Kalshi KXBNBPERP	+0.0174%	8h	790.30	+0.094%	$92K	$2.9M	4.8x	as long as short
01 Exchange BNBUSD	+0.0272%	1h	790.22	+0.084%	$28K	$3K	10x	as long as short
Bulk BNB-USD	+0.0298%	1h	789.80	+0.031%	$640K	$13K	10x	as long as short
Reya BNBRUSDPERP	+0.0328%	1h	789.40	−0.020%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0387%	1h	790.02	+0.059%	$2.7M	$5.7M	40x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0400%	1h	790.17	+0.078%	$1.5M	$160K	25x	as long as short
Hibachi BNB/USDT-P	+0.0520%	1h	790.12	+0.071%	$68K	$39K	12x	as long as short