Funding you earn now, next payment 03:00 UTC+0.0171%/8h= +18.7% APRnext payment +$0.21 per $10,000 · paid last 24h +0.060%
Price spread now: Kraken Futures against Hotstuff+0.084%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Kraken Futures is 0.084% dearer against Hotstuff than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff BNB-PERP | 788.63 | −0.0080 | get 0.0010% / 1h | 53m 31s | $4K | $239 | 25x |
| Short | Kraken Futures PF_BNBUSD | 789.29 | 0.0091 | get 0.0011% / 1h | 53m 31s | $2.5M | $1.2M | 50x |
Hotstuff BNB-PERP
Kraken Futures PF_BNBUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Hotstuff. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $35.93
- Price spread: +0.084% → 0.000%
- $8.37
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $29.3
- Costs to cover
- 0.150%
- Break-even
- 1.3 days
Slippage unknown: Hotstuff: no order-book sample; Kraken Futures: live order book, 5 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 Kraken Futures live order book, 5 min ago | 4.76 bp | 13.7 bp −$14 | 16.9 bp −$169 | 32.6 bp −$3,261 | 151.0 bp −$75.5K |
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 | 788.93 | +0.038% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERPlong | −0.0080% | 1h | 788.63 | long leg | $4K | $239 | 25x | |
| StandX BNB-USD | 0.0000% | 1h | 789.27 | +0.081% | $853K | $3.2M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 789.12 | +0.062% | $9.6M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.087% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0037% | 8h | 789.62 | +0.125% | $6.2M | $18.7M | 200x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0048% | 1h | 789.66 | +0.131% | $619K | $1.8M | 50x | as long as short |
| BingX BNB-USDT | +0.0054% | 8h | 789.33 | +0.089% | — | $34.5M | — | as long as short |
| Phemex BNBUSDT | +0.0066% | 8h | 789.75 | +0.142% | $69.1M | $50.9M | 50x | as long as short |
| Variational Omni BNB | +0.0066% | 8h | 789.32 | +0.087% | $4.1M | $4.8M | — | as long as short |
GMX BNB/USD [WBTC.b-USDC]
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
Aster BNBUSDT
Coinbase International BNB-PERP-INTX
BingX BNB-USDT
Phemex BNBUSDT
Variational Omni BNBShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BNB_USDT | +0.0069% | 8h | 789.90 | +0.161% | $80.5M | $12.4M | 200x | as long as short |
| Binance BNBUSDT | +0.0070% | 8h | 789.93 | +0.165% | $494.2M | $808.6M | 75x | as long as short |
| Gate BNB_USDT | +0.0080% | 8h | 789.15 | +0.066% | $35.4M | $56.3M | 75x | as long as short |
| Phoenix BNB | +0.0088% | 1h | 789.07 | +0.056% | $170K | $35K | 10x | as long as short |
| Kraken Futures PF_BNBUSDshort | +0.0091% | 1h | 789.29 | +0.084% | $2.5M | $1.2M | 50x | |
| Lighter BNB | +0.0096% | 1h | 789.21 | +0.073% | $2.8M | $3.9M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 789.33 | +0.089% | $381K | $380K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 788.90 | +0.034% | $1.5M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 789.60 | +0.123% | $51.8M | $18.4M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 789.34 | +0.090% | $1.2M | $909K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 789.20 | +0.072% | $138.7M | $77.9M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 789.20 | +0.072% | $53.4M | $112.8M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 789.50 | +0.110% | $52K | $130K | 10x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 788.96 | +0.042% | $27.8M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 788.96 | +0.042% | $77.0M | $30.0M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 789.51 | +0.112% | $2.2M | $6.1M | 40x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 788.90 | +0.035% | $4.1M | $76.5M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 788.22 | −0.052% | $158K | $439K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 788.60 | −0.004% | $137K | $945K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 789.57 | +0.119% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 788.77 | +0.018% | $12K | $1.6M | 50x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 789.35 | +0.092% | $8.1M | $9.0M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0102% | 8h | 789.99 | +0.173% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 788.91 | +0.036% | $1.8M | $5.9M | 50x | as long as short |
| GRVT BNB_USDT_Perp | +0.0104% | 8h | 788.27 | −0.045% | $2.9M | $27.9M | 10x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 789.43 | +0.101% | $379K | $110K | 10x | as long as short |
| SoDEX BNB-USD | +0.0142% | 1h | 789.50 | +0.110% | $388K | $1.0M | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0175% | 8h | 788.90 | +0.034% | $90K | $2.8M | 4.8x | as long as short |
| dYdX BNB-USD | +0.0222% | 1h | 788.95 | +0.040% | $160K | $64K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0312% | 1h | 789.99 | +0.172% | $28K | $4K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0328% | 1h | 788.60 | −0.004% | $6K | $3K | 40x | as long as short |
| Bulk BNB-USD | +0.0340% | 1h | 789.39 | +0.096% | $639K | $13K | 10x | as long as short |
| RISEx BNB/USDC | +0.0361% | 1h | 789.66 | +0.131% | $1.1M | $1.1M | 20x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0400% | 1h | 789.92 | +0.163% | $1.5M | $160K | 25x | as long as short |
| Hibachi BNB/USDT-P | +0.0544% | 1h | 789.41 | +0.099% | $67K | $39K | 12x | as long as short |
MEXC BNB_USDT
Binance BNBUSDT
Gate BNB_USDT
Phoenix BNB
Lighter BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
GRVT BNB_USDT_Perp
Aevo BNB-PERP
SoDEX BNB-USD
Kalshi KXBNBPERP
dYdX BNB-USD
01 Exchange BNBUSD
Reya BNBRUSDPERP
Bulk BNB-USD
RISEx BNB/USDC
Deribit BNB_USDC-PERPETUAL
Hibachi BNB/USDT-P