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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0376%/8h= +41.2% APRnext payment +$0.47 per $10,000 · paid last 24h +0.119%
Price spread now: 01 Exchange against Hotstuff+0.028%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 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and 01 Exchange is 0.028% dearer against Hotstuff than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff BNB-PERP798.26−0.0080get 0.0010% / 1h24m 03s$4K$1K25x
Short01 Exchange BNBUSD798.480.0296get 0.0037% / 1h24m 03s$28K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$78.96
Price spread: +0.028% → 0.000%
$2.76
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$69.72
Costs to cover
0.120%
Break-even
0.8 days
Slippage unknown: Hotstuff: no order-book sample; 01 Exchange: 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
LegHalf-spread$10k$100k$1M$5M
Buy Hotstuff no order-book sample
Sell 01 Exchange no order-book sample
Hotstuff and 01 Exchange: 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%1h797.86−0.051%$47K200xas long as short
Hotstuff BNB-PERPlong−0.0080%1h798.26long leg$4K$1K25x
Kraken Futures PF_BNBUSD−0.0074%1h797.75−0.064%$2.5M$972K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h799.10+0.105%$3.0M$27.9M10xas long as short
StandX BNB-USD0.0000%1h799.15+0.111%$864K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h797.96−0.038%$9.7M150xas long as short
Variational Omni BNB+0.0013%8h798.06−0.025%$4.1M$5.4Mas long as short
BingX BNB-USDC+0.0038%8h797.88−0.048%$13.4Mas long as short
Bybit BNBUSDT+0.0044%8h797.40−0.108%$138.3M$76.9M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h799.89+0.204%$606K$986K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0090%8h798.36+0.012%$6.3M$19.0M200xas long as short
Lighter BNB+0.0096%1h798.03−0.029%$2.8M$4.1M20xas long as short
Nado BNB-PERP+0.0100%1h797.65−0.076%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h798.24−0.003%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h797.60−0.083%$54.2M$112.7M50xas long as short
Arcus BNB-USD+0.0100%1h798.20−0.008%$52K$133K10xas long as short
Gate BNB_USDT+0.0100%8h797.60−0.083%$35.7M$58.2M75xas long as short
KuCoin BNBUSDTM+0.0100%8h797.77−0.061%$27.9M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h797.49−0.096%$78.9M$27.5M75xas long as short
edgeX BNBUSDC+0.0100%4h799.89+0.204%$4.2M$76.1M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h800.17+0.239%$161K$441K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h797.76−0.063%$116K$875K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h797.61−0.081%$385K$497K50xas long as short
Derive BNB-PERP+0.0100%1h798.01−0.031%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h798.20−0.008%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h797.90−0.045%$392K$1.0M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h798.03−0.029%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h797.47−0.098%$8.2M$8.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h798.44+0.023%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h797.44−0.103%$1.8M$6.5M50xas long as short
Aevo BNB-PERP+0.0104%1h797.86−0.050%$383K$40K10xas long as short
Phemex BNBUSDT+0.0110%8h798.45+0.024%$69.8M$50.6M50xas long as short
MEXC BNB_USDT+0.0111%8h798.80+0.068%$82.9M$13.5M200xas long as short
Binance BNBUSDT+0.0112%8h798.30+0.005%$498.5M$817.7M75xas long as short
Kalshi KXBNBPERP+0.0123%8h798.60+0.043%$89K$2.9M4.8xas long as short
Phoenix BNB+0.0127%1h800.12+0.233%$172K$36K10xas long as short
Hibachi BNB/USDT-P+0.0176%1h798.45+0.024%$70K$43K12xas long as short
Hyperliquid BNB+0.0197%1h798.68+0.053%$52.4M$21.2M10xas long as short
BloFin BNB-USDT+0.0232%8h798.94+0.085%$18.2M$2.5M75xas long as short
Bulk BNB-USD+0.0239%1h800.03+0.222%$650K$19K10xas long as short
RISEx BNB/USDC+0.0258%1h798.08−0.022%$1.1M$1.4M20xas long as short
01 Exchange BNBUSDshort+0.0296%1h798.48+0.028%$28K$1K10x
Injective BNB/USDC PERP+0.0306%1h805.09+0.856%$19K$789K30xas long as short
Reya BNBRUSDPERP+0.0331%1h797.53−0.092%$6K$3K40xas long as short
dYdX BNB-USD+0.0382%1h798.50+0.031%$161K$62K10xas long as short
Backpack BNB_USDC_PERP+0.0397%1h798.47+0.026%$2.7M$5.7M40xas long as short