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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC+0.0678%/8h= +74.2% APRnext payment +$0.85 per $10,000 · paid last 24h +0.094%
Price spread now: dYdX against Hotstuff+0.038%7-day average · you sell dearer than you buy
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 4 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 for this trade now. Funding pays +$20 a day on $10k at the current rate, and dYdX is 0.038% dearer against Hotstuff than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff BNB-PERP786.74−0.0080get 0.0010% / 1h9m 36s$4K25x
ShortdYdX BNB-USD787.040.0598get 0.0075% / 1h9m 36s$158K$14K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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

Funding earned
$142.29
Price spread: +0.038% → 0.000%
$3.78
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee dYdX: 5 bp × 2 orders
−$10
Net
$131.07
Costs to cover
0.150%
Break-even
0.6 days
Slippage unknown: Hotstuff: no order-book sample; dYdX: live order book, 57 min ago. 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 Hotstuff no order-book sample
Sell dYdX live order book, 57 min ago10.34 bp16.4 bp −$1652.2 bp −$52263.5 bp −$6,347133.3 bp −$66.6K
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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi BNB/USDT-P−0.0280%1h787.02+0.036%$67K$17K12xas long as short
Kraken Futures PF_BNBUSD−0.0212%1h786.99+0.032%$2.6M$1.1M50xas long as short
Hotstuff BNB-PERPlong−0.0080%1h786.74long leg$4K25x
Variational Omni BNB−0.0033%8h786.61−0.017%$4.5M$2.3Mas long as short
Bybit BNBUSDT−0.0031%8h786.23−0.065%$138.1M$52.1M75xas long as short
Aster BNBUSDT0.0000%8h787.04+0.038%$6.0M$12.8M200xas long as short
Kalshi KXBNBPERP0.0000%8h787.80+0.135%$92K$1.9M4.8xas long as short
StandX BNB-USD0.0000%1h787.44+0.089%$853K$3.0M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h786.79+0.006%$9.5M150xas long as short
MEXC BNB_USDT+0.0012%8h787.90+0.147%$82.7M$8.4M200xas long as short
Show all 46 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0012%8h786.95+0.027%$465.6M$598.4M75xas long as short
Bitget BNBUSDT+0.0031%8h786.13−0.078%$75.0M$25.3M75xas long as short
Extended BNB-USD+0.0032%1h786.22−0.067%$2.1M$3.3M50xas long as short
BloFin BNB-USDT+0.0051%8h787.44+0.089%$18.7M$2.3M75xas long as short
BingX BNB-USDC+0.0052%8h786.80+0.008%$13.4Mas long as short
OKX BNB-USDT-SWAP+0.0057%8h786.30−0.056%$53.0M$71.0M50xas long as short
Lighter BNB+0.0096%1h787.00+0.033%$2.7M$2.2M20xas long as short
Phoenix BNB+0.0096%1h787.69+0.121%$156K$44K10xas long as short
Nado BNB-PERP+0.0100%1h786.61−0.016%$1.4M$1.6M20xas long as short
Hyperliquid BNB+0.0100%1h787.40+0.084%$52.6M$11.5M10xas long as short
Pacifica BNB+0.0100%1h786.78+0.005%$1.3M$401K20xas long as short
Arcus BNB-USD+0.0100%1h786.80+0.008%$39K$68K10xas long as short
Bulk BNB-USD+0.0100%1h787.52+0.099%$637K$010xas long as short
Gate BNB_USDT+0.0100%8h786.50−0.031%$52.7M$46.9M75xas long as short
KuCoin BNBUSDTM+0.0100%8h786.38−0.046%$28.0M$8.2M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h786.94+0.025%$2.2M$2.5M40xas long as short
edgeX BNBUSDC+0.0100%4h787.74+0.127%$4.1M$54.2M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h787.02+0.036%$169K$458K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h786.60−0.018%$133K$223K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.14+0.051%$265K$288K50xas long as short
Derive BNB-PERP+0.0100%1h786.81+0.009%$34K$10K10xas long as short
SunX BNB-USDT+0.0100%8h787.15+0.052%$13K$911K50xas long as short
SoDEX BNB-USD+0.0100%1h786.80+0.008%$386K$997K10xas long as short
HTX BNB-USDT+0.0100%8h787.00+0.033%$8.0M$7.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h787.09+0.044%$82K$3.2M50xas long as short
Phemex BNBUSDT+0.0103%8h787.39+0.083%$67.7M$47.4M50xas long as short
Aevo BNB-PERP+0.0104%1h786.77+0.003%$378K$106K10xas long as short
Coinbase International BNB-PERP-INTX+0.0104%1h786.06−0.086%$519K$1.5M50xas long as short
RISEx BNB/USDC+0.0119%1h786.58−0.021%$1.2M$904K20xas long as short
Injective BNB/USDC PERP+0.0179%1h786.87+0.017%$19K$605K30xas long as short
GMX BNB/USD [WBTC.b-USDC]L +0.0184% / S +0.0048%1h786.80+0.007%$55K200xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h787.15+0.052%$1.5M$46K25xas long as short
GRVT BNB_USDT_Perp+0.0214%8h787.45+0.090%$2.9M$27.4M10xas long as short
01 Exchange BNBUSD+0.0264%1h787.14+0.051%$28K$3K10xas long as short
Reya BNBRUSDPERP+0.0304%1h786.47−0.035%$6K$3K40xas long as short
dYdX BNB-USDshort+0.0598%1h787.04+0.038%$158K$14K10x