BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0216%/8h= +23.7% APRnext payment +$0.27 per $10,000 · paid last 24h +0.047%

Price spread now: Coinbase International against Hotstuff−0.093%7-day average — · you buy dearer than you sell

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

Long on Hotstuff Short on Coinbase International

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

Funding pays, the price is against you. Coinbase International is 0.093% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.093% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 34 hours of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff BNB-PERP	787.15	−0.0080	get 0.0010% / 1h	18m 51s	$4K	—	25x
Short	Coinbase International BNB-PERP-INTX	786.42	0.0136	get 0.0017% / 1h	18m 51s	$544K	$1.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Hotstuff. 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 HotstuffbpFee Coinbase InternationalbpOrdersPrice spread, now −0.093%Rate

Funding earned: $45.36
Price spread: −0.093% → 0.000%: −$9.27
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $21.09
Costs to cover: 0.150%
Break-even: 3.7 days

Slippage unknown: Hotstuff: no order-book sample; Coinbase International: live order book, 3 min ago. 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 Hotstuff no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 3 min ago	2.29 bp	10.4 bp −$10	15.5 bp −$155	doesn't fit	doesn't fit

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	786.58	−0.072%	$43K	—	200x	as long as short
Hotstuff BNB-PERPlong	−0.0080%	1h	787.15	long leg	$4K	—	25x
Aster BNBUSDT	0.0000%	8h	787.21	+0.007%	$5.9M	$17.4M	200x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	787.34	+0.024%	$3.0M	$26.4M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	787.00	−0.019%	$158K	$2.5M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	786.95	−0.025%	$849K	$2.8M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	786.58	−0.073%	$9.5M	—	150x	as long as short
MEXC BNB_USDT	+0.0020%	8h	788.30	+0.146%	$83.3M	$12.2M	200x	as long as short
Binance BNBUSDT	+0.0020%	8h	787.32	+0.022%	$481.7M	$779.9M	75x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.279%	$19K	$789K	30x	as long as short

Show all 45 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_BNBUSD	+0.0035%	1h	786.56	−0.075%	$2.5M	$1.3M	50x	as long as short
Bybit BNBUSDT	+0.0073%	8h	786.60	−0.070%	$138.6M	$68.4M	75x	as long as short
BloFin BNB-USDT	+0.0080%	8h	787.36	+0.027%	$17.6M	$2.2M	75x	as long as short
Phoenix BNB	+0.0094%	1h	787.39	+0.030%	$158K	$45K	10x	as long as short
Lighter BNB	+0.0096%	1h	786.81	−0.043%	$2.7M	$3.4M	20x	as long as short
Phemex BNBUSDT	+0.0097%	8h	787.29	+0.018%	$68.4M	$51.2M	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	786.50	−0.082%	$1.4M	$2.4M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	787.53	+0.048%	$51.8M	$17.0M	10x	as long as short
Pacifica BNB	+0.0100%	1h	786.85	−0.038%	$1.2M	$933K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	786.80	−0.044%	$53.5M	$104.3M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	787.00	−0.019%	$57K	$122K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	786.65	−0.064%	$40.7M	$55.3M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	786.34	−0.103%	$28.2M	$9.7M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	786.59	−0.071%	$75.5M	$32.3M	75x	as long as short
BingX BNB-USDC	+0.0100%	8h	787.17	+0.003%	—	$13.4M	—	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	787.10	−0.006%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	786.49	−0.084%	$4.3M	$4.5M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	787.61	+0.059%	$4.1M	$75.5M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	787.82	+0.085%	$159K	$445K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	786.83	−0.041%	$130K	$911K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	786.66	−0.062%	$264K	$299K	50x	as long as short
SunX BNB-USDT	+0.0100%	8h	787.34	+0.024%	$12K	$1.4M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	786.80	−0.044%	$387K	$928K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	786.95	−0.025%	$8.0M	$10.2M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	787.12	−0.004%	$78K	$337K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	786.11	−0.132%	$1.8M	$5.6M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	786.66	−0.062%	$378K	$110K	10x	as long as short
Coinbase International BNB-PERP-INTXshort	+0.0136%	1h	786.42	−0.093%	$544K	$1.9M	50x
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	786.98	−0.021%	$1.5M	$158K	25x	as long as short
Bulk BNB-USD	+0.0212%	1h	787.70	+0.070%	$638K	$0	10x	as long as short
01 Exchange BNBUSD	+0.0240%	1h	787.35	+0.025%	$28K	$3K	10x	as long as short
Reya BNBRUSDPERP	+0.0318%	1h	786.32	−0.106%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0345%	1h	787.23	+0.010%	$1.1M	$910K	20x	as long as short
Hibachi BNB/USDT-P	+0.0352%	1h	786.97	−0.023%	$67K	$37K	12x	as long as short
dYdX BNB-USD	+0.0377%	1h	786.57	−0.073%	$158K	$38K	10x	as long as short