BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0180%/8h= −19.7% APRnext payment −$0.23 per $10,000 · paid last 24h −0.059%

Price spread now: Hotstuff against SoDEX+0.185%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SoDEX Short on Hotstuff

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 days—no 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 0.185% dearer against SoDEX than usual: you sell high and buy low (spread +0.185% now, against zero (this spread has no 7-day history yet)): +$18 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 3.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX BNB-USD	790.30	0.0100	pay 0.0013% / 1h	7m 06s	$389K	$1.0M	10x
Short	Hotstuff BNB-PERP	791.76	−0.0080	pay 0.0010% / 1h	7m 06s	$4K	$239	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against SoDEX. 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

Position, each leg$Hold fordaysFee SoDEXbpFee HotstuffbpOrdersPrice spread, now +0.185%Rate

Funding earned: −$37.8
Price spread: +0.185% → 0.000%: $18.47
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$32.33
Costs to cover: 0.130%
Break-even: from the start

Slippage unknown: SoDEX: live order book, 2 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SoDEX live order book, 2 min ago	0.63 bp	5.1 bp −$5	8.6 bp −$86	80.3 bp −$8,027	doesn'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.

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	790.27	−0.004%	$46K	—	200x	as long as short
Hotstuff BNB-PERPshort	−0.0080%	1h	791.76	+0.185%	$4K	$239	25x
StandX BNB-USD	0.0000%	1h	792.16	+0.235%	$856K	$3.1M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	790.35	+0.007%	$9.6M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.871%	$19K	$789K	30x	as long as short
Coinbase International BNB-PERP-INTX	+0.0048%	1h	792.68	+0.301%	$592K	$1.9M	50x	as long as short
Aster BNBUSDT	+0.0049%	8h	790.80	+0.063%	$6.2M	$18.7M	200x	as long as short
Phemex BNBUSDT	+0.0058%	8h	790.81	+0.065%	$69.3M	$50.3M	50x	as long as short
BingX BNB-USDC	+0.0060%	8h	791.06	+0.096%	—	$13.4M	—	as long as short
MEXC BNB_USDT	+0.0071%	8h	791.10	+0.101%	$80.4M	$12.5M	200x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BNBUSDT	+0.0071%	8h	790.76	+0.059%	$493.8M	$791.8M	75x	as long as short
Kraken Futures PF_BNBUSD	+0.0091%	1h	789.95	−0.045%	$2.5M	$1.2M	50x	as long as short
Lighter BNB	+0.0096%	1h	790.36	+0.007%	$2.7M	$3.9M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	790.53	+0.029%	$266K	$498K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	790.25	−0.006%	$1.5M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	790.72	+0.053%	$51.9M	$17.5M	10x	as long as short
Pacifica BNB	+0.0100%	1h	791.10	+0.102%	$1.2M	$914K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	790.00	−0.038%	$139.0M	$76.9M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	789.90	−0.051%	$53.4M	$112.0M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	790.70	+0.051%	$52K	$130K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	790.05	−0.032%	$35.4M	$57.4M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	789.97	−0.042%	$27.6M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	789.96	−0.043%	$76.6M	$30.3M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	790.50	+0.025%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	791.10	+0.101%	$4.1M	$4.6M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	791.80	+0.190%	$4.1M	$74.6M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	791.37	+0.135%	$159K	$441K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	790.29	−0.001%	$133K	$949K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	790.64	+0.043%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	790.79	+0.062%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USDlong	+0.0100%	1h	790.30	long leg	$389K	$1.0M	10x
HTX BNB-USDT	+0.0100%	8h	790.10	−0.025%	$8.1M	$9.2M	75x	as long as short
Paradex BNB-USD-PERP	+0.0102%	8h	791.73	+0.181%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	789.94	−0.046%	$1.8M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	790.48	+0.023%	$380K	$110K	10x	as long as short
Phoenix BNB	+0.0107%	1h	791.64	+0.170%	$170K	$35K	10x	as long as short
GRVT BNB_USDT_Perp	+0.0141%	8h	791.87	+0.199%	$2.9M	$27.9M	10x	as long as short
Kalshi KXBNBPERP	+0.0186%	8h	791.90	+0.202%	$104K	$2.7M	4.8x	as long as short
dYdX BNB-USD	+0.0187%	1h	791.19	+0.113%	$160K	$63K	10x	as long as short
BloFin BNB-USDT	+0.0191%	8h	791.02	+0.091%	$18.2M	$2.2M	75x	as long as short
01 Exchange BNBUSD	+0.0280%	1h	790.87	+0.072%	$28K	$4K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	790.90	+0.075%	$1.5M	$143K	25x	as long as short
Reya BNBRUSDPERP	+0.0327%	1h	789.94	−0.045%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0361%	1h	790.71	+0.052%	$1.1M	$979K	20x	as long as short
Bulk BNB-USD	+0.0366%	1h	792.18	+0.238%	$641K	$9K	10x	as long as short
Hibachi BNB/USDT-P	+0.0576%	1h	791.63	+0.169%	$68K	$38K	12x	as long as short