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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0080%/8h= +8.8% APRnext payment +$0.10 per $10,000 · paid last 24h +0.024%
Price spread now: StandX against Hotstuff+0.126%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 3 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 · StandX: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and StandX is 0.126% dearer against Hotstuff than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff BNB-PERP800.48−0.0080get 0.0010% / 1h14m 41s$4K$1K25x
ShortStandX BNB-USD801.490get 0.0000% / 1h14m 41s$866K$2.9M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
$16.8
Price spread: +0.126% → 0.000%
$12.62
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee StandX: 4 bp × 2 orders
−$8
Net
$16.42
Costs to cover
0.130%
Break-even
0.2 days
Slippage unknown: Hotstuff: no order-book sample; StandX: live order book, 4 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 StandX live order book, 4 min ago4.36 bp11.8 bp −$1215.5 bp −$15557.3 bp −$5,729doesn'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 46 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0201% / S +0.0372%1h799.98−0.062%$48K200xas long as short
Hotstuff BNB-PERPlong−0.0080%1h800.48long leg$4K$1K25x
GRVT BNB_USDT_Perp0.0000%8h800.94+0.057%$3.0M$29.4M10xas long as short
Kalshi KXBNBPERP0.0000%8h800.70+0.027%$147K$2.8M4.8xas long as short
StandX BNB-USDshort0.0000%1h801.49+0.126%$866K$2.9M30x
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h799.98−0.062%$9.7M150xas long as short
Variational Omni BNB+0.0035%8h799.95−0.066%$4.1M$5.3Mas long as short
BingX BNB-USDT+0.0059%8h800.15−0.041%$34.9Mas long as short
Bybit BNBUSDT+0.0069%8h799.71−0.096%$139.2M$80.0M75xas long as short
Lighter BNB+0.0096%1h800.46−0.002%$2.8M$4.2M20xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0096%1h801.17+0.086%$610K$995K50xas long as short
Aster BNBUSDT+0.0097%8h800.78+0.038%$6.3M$19.0M200xas long as short
Nado BNB-PERP+0.0100%1h800.00−0.060%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h800.38−0.012%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h799.90−0.072%$54.6M$115.5M50xas long as short
Arcus BNB-USD+0.0100%1h800.40−0.010%$53K$151K10xas long as short
Gate BNB_USDT+0.0100%8h799.95−0.066%$35.7M$58.6M75xas long as short
KuCoin BNBUSDTM+0.0100%8h800.07−0.051%$28.0M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h799.89−0.074%$80.9M$26.6M75xas long as short
edgeX BNBUSDC+0.0100%4h801.22+0.093%$4.2M$77.6M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h800.94+0.057%$161K$443K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h799.93−0.069%$121K$877K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h799.93−0.069%$387K$527K50xas long as short
Derive BNB-PERP+0.0100%1h800.11−0.046%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h800.97+0.061%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h800.30−0.022%$393K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h800.00−0.060%$8.2M$7.9M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h800.76+0.035%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h799.71−0.096%$1.8M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h800.13−0.044%$384K$40K10xas long as short
Binance BNBUSDT+0.0117%8h800.79+0.039%$503.0M$818.2M75xas long as short
MEXC BNB_USDT+0.0117%8h801.20+0.090%$83.3M$13.8M200xas long as short
Phemex BNBUSDT+0.0120%8h800.61+0.016%$70.0M$51.8M50xas long as short
Phoenix BNB+0.0155%1h801.63+0.144%$172K$35K10xas long as short
Hibachi BNB/USDT-P+0.0192%1h800.78+0.037%$71K$48K12xas long as short
Kraken Futures PF_BNBUSD+0.0207%1h800.05−0.054%$2.6M$974K50xas long as short
BloFin BNB-USDT+0.0237%8h800.50+0.002%$18.3M$2.5M75xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h800.41−0.009%$1.6M$165K25xas long as short
Injective BNB/USDC PERP+0.0311%1h805.09+0.576%$19K$789K30xas long as short
dYdX BNB-USD+0.0314%1h799.94−0.067%$161K$62K10xas long as short
Bulk BNB-USD+0.0314%1h802.70+0.277%$652K$21K10xas long as short
Hyperliquid BNB+0.0316%1h801.12+0.080%$51.8M$21.9M10xas long as short
RISEx BNB/USDC+0.0318%1h800.26−0.027%$1.1M$1.4M20xas long as short
01 Exchange BNBUSD+0.0320%1h800.64+0.020%$28K$1K10xas long as short
Reya BNBRUSDPERP+0.0333%1h799.64−0.105%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0590%1h801.05+0.071%$2.7M$5.7M40xas long as short