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−0.0180%/8h= −19.7% APRpaid last 24h −0.054%
Price spread now: Hotstuff against HTX+0.050%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
The price spread pays, funding is against you. Hotstuff is 0.050% dearer against HTX than usual: you sell high and buy low (spread +0.050% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 22 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BNB-USDT801.560.0100pay 0.0100% / 8h1h 31m$8.2M$7.9M75x
ShortHotstuff BNB-PERP801.96−0.0080pay 0.0010% / 1h31m 07s$4K$1K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against HTX. 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
−$37.8
Price spread: +0.050% → 0.000%
$5
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$49.8
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 3 min ago; Hotstuff: 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 HTX live order book, 3 min ago3.14 bp9.2 bp −$911.4 bp −$11452.3 bp −$5,233doesn't fit
Sell Hotstuff no order-book sample
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%1h801.16−0.050%$48K200xas long as short
Hotstuff BNB-PERPshort−0.0080%1h801.96+0.050%$4K$1K25x
GRVT BNB_USDT_Perp0.0000%8h805.39+0.478%$3.0M$29.1M10xas long as short
Kalshi KXBNBPERP0.0000%8h801.90+0.043%$158K$2.8M4.8xas long as short
StandX BNB-USD0.0000%1h802.23+0.084%$867K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h801.15−0.051%$9.7M150xas long as short
Variational Omni BNB+0.0041%8h805.56+0.499%$4.1M$5.3Mas long as short
BingX BNB-USDC+0.0058%8h801.09−0.059%$13.3Mas long as short
Bybit BNBUSDT+0.0081%8h800.40−0.145%$139.5M$83.0M75xas long as short
Lighter BNB+0.0096%1h801.11−0.056%$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%1h801.19−0.046%$610K$1.0M50xas long as short
Aster BNBUSDT+0.0100%8h801.26−0.038%$6.4M$19.3M200xas long as short
Nado BNB-PERP+0.0100%1h801.30−0.032%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h801.67+0.014%$1.2M$923K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h800.50−0.132%$54.8M$117.2M50xas long as short
Arcus BNB-USD+0.0100%1h801.80+0.030%$53K$170K10xas long as short
Gate BNB_USDT+0.0100%8h800.75−0.101%$35.8M$58.1M75xas long as short
KuCoin BNBUSDTM+0.0100%8h800.63−0.116%$28.0M$10.6M75xas long as short
Bitget BNBUSDT+0.0100%8h800.54−0.127%$81.0M$26.8M75xas long as short
edgeX BNBUSDC+0.0100%4h802.78+0.153%$4.2M$77.4M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h802.46+0.112%$161K$441K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h801.32−0.030%$121K$880K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h800.85−0.088%$387K$592K50xas long as short
Derive BNB-PERP+0.0100%1h801.16−0.050%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h801.87+0.038%$11K$1.7M50xas long as short
HTX BNB-USDTlong+0.0100%8h801.56long leg$8.2M$7.9M75x
Paradex BNB-USD-PERP+0.0100%8h802.04+0.060%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h800.58−0.122%$1.8M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h801.21−0.044%$385K$40K10xas long as short
Binance BNBUSDT+0.0119%8h801.28−0.035%$516.8M$829.0M75xas long as short
MEXC BNB_USDT+0.0120%8h801.80+0.030%$83.3M$13.8M200xas long as short
Phemex BNBUSDT+0.0129%8h801.43−0.016%$70.0M$51.7M50xas long as short
SoDEX BNB-USD+0.0139%1h801.10−0.057%$394K$1.0M10xas long as short
Hibachi BNB/USDT-P+0.0144%1h801.75+0.024%$71K$48K12xas long as short
Phoenix BNB+0.0155%1h804.78+0.402%$173K$35K10xas long as short
dYdX BNB-USD+0.0173%1h801.39−0.021%$162K$64K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h801.34−0.027%$1.6M$165K25xas long as short
Kraken Futures PF_BNBUSD+0.0207%1h800.73−0.103%$2.6M$983K50xas long as short
BloFin BNB-USDT+0.0239%8h801.60+0.005%$18.8M$2.6M75xas long as short
Hyperliquid BNB+0.0262%1h801.78+0.028%$51.9M$22.2M10xas long as short
Bulk BNB-USD+0.0295%1h807.66+0.761%$652K$14K10xas long as short
Injective BNB/USDC PERP+0.0311%1h805.09+0.441%$19K$789K30xas long as short
RISEx BNB/USDC+0.0318%1h801.64+0.010%$1.1M$1.4M20xas long as short
Reya BNBRUSDPERP+0.0333%1h800.90−0.082%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0344%1h802.20+0.080%$28K$1K10xas long as short
Backpack BNB_USDC_PERP+0.0669%1h801.73+0.021%$3.0M$5.5M40xas long as short