Funding you earn now, next payment 03:00 UTC−0.0376%/8h= −41.2% APRnext payment −$0.47 per $10,000 · paid last 24h −0.115%
Price spread now: Hotstuff against 01 Exchange−0.073%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$11 a day on $10k at the current rate, and Hotstuff is 0.073% cheaper against 01 Exchange than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange BNBUSD | 791.37 | 0.0296 | pay 0.0037% / 1h | 31m 35s | $28K | $4K | 10x |
| Short | Hotstuff BNB-PERP | 790.79 | −0.0080 | pay 0.0010% / 1h | 31m 35s | $4K | $239 | 25x |
01 Exchange BNBUSD
Hotstuff BNB-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against 01 Exchange. 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
- −$78.96
- Price spread: −0.073% → 0.000%
- −$7.33
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$98.29
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: 01 Exchange: no order-book sample; 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
01 Exchange and 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 | 790.04 | −0.169% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERPshort | −0.0080% | 1h | 790.79 | −0.073% | $4K | $239 | 25x | |
| StandX BNB-USD | 0.0000% | 1h | 790.72 | −0.082% | $855K | $3.2M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 790.07 | −0.165% | $9.6M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +1.734% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0047% | 8h | 791.19 | −0.023% | $6.3M | $18.7M | 200x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0048% | 1h | 789.79 | −0.200% | $617K | $1.8M | 50x | as long as short |
| BingX BNB-USDT | +0.0059% | 8h | 790.74 | −0.080% | — | $34.3M | — | as long as short |
| MEXC BNB_USDT | +0.0075% | 8h | 791.50 | +0.016% | $80.4M | $12.4M | 200x | as long as short |
| Phemex BNBUSDT | +0.0075% | 8h | 790.71 | −0.083% | $69.2M | $51.1M | 50x | 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
MEXC BNB_USDT
Phemex BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNBUSDT | +0.0075% | 8h | 791.53 | +0.020% | $494.9M | $803.6M | 75x | as long as short |
| Variational Omni BNB | +0.0091% | 8h | 788.80 | −0.325% | $4.1M | $4.6M | — | as long as short |
| Kraken Futures PF_BNBUSD | +0.0091% | 1h | 789.97 | −0.176% | $2.5M | $1.2M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 790.65 | −0.091% | $2.8M | $3.9M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 790.14 | −0.155% | $266K | $497K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 790.75 | −0.078% | $1.5M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 791.05 | −0.040% | $51.8M | $18.1M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 790.69 | −0.086% | $1.2M | $908K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 790.75 | −0.078% | $139.1M | $77.2M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 790.70 | −0.085% | $53.6M | $112.3M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 790.90 | −0.059% | $52K | $130K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 790.45 | −0.116% | $35.4M | $56.9M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 790.28 | −0.138% | $27.8M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 790.44 | −0.118% | $77.0M | $30.1M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 790.44 | −0.118% | $2.2M | $6.1M | 40x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 790.40 | −0.123% | $4.1M | $76.7M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 790.01 | −0.172% | $159K | $440K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 790.09 | −0.162% | $135K | $948K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 790.34 | −0.131% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 790.79 | −0.074% | $12K | $1.6M | 50x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 789.37 | −0.253% | $8.1M | $9.1M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0103% | 8h | 791.21 | −0.020% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 790.32 | −0.132% | $1.8M | $5.9M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 790.15 | −0.155% | $380K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0107% | 1h | 790.19 | −0.149% | $170K | $35K | 10x | as long as short |
| SoDEX BNB-USD | +0.0135% | 1h | 790.20 | −0.148% | $388K | $1.0M | 10x | as long as short |
| GRVT BNB_USDT_Perp | +0.0140% | 8h | 790.55 | −0.104% | $2.9M | $28.2M | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0193% | 8h | 790.40 | −0.123% | $92K | $2.8M | 4.8x | as long as short |
| BloFin BNB-USDT | +0.0195% | 8h | 790.51 | −0.109% | $18.2M | $2.3M | 75x | as long as short |
| dYdX BNB-USD | +0.0232% | 1h | 790.32 | −0.132% | $160K | $63K | 10x | as long as short |
| 01 Exchange BNBUSDlong | +0.0296% | 1h | 791.37 | long leg | $28K | $4K | 10x | |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 790.61 | −0.096% | $1.5M | $147K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0327% | 1h | 789.99 | −0.174% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0361% | 1h | 791.04 | −0.042% | $1.1M | $1.0M | 20x | as long as short |
| Bulk BNB-USD | +0.0383% | 1h | 789.79 | −0.200% | $640K | $6K | 10x | as long as short |
| Hibachi BNB/USDT-P | +0.0592% | 1h | 790.32 | −0.133% | $68K | $38K | 12x | as long as short |
Binance BNBUSDT
Variational Omni BNB
Kraken Futures PF_BNBUSD
Lighter BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
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
Aevo BNB-PERP
Phoenix BNB
SoDEX BNB-USD
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
BloFin BNB-USDT
dYdX BNB-USD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
RISEx BNB/USDC
Bulk BNB-USD
Hibachi BNB/USDT-P