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

BNB

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0484%/8h= +53.0% APRnext payment +$0.60 per $10,000 · paid last 24h +0.068%
Price spread now: Hibachi against Arcus−0.050%7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHibachi: Active · farm boardneeds both histories
Funding pays, the price is against you. Hibachi is 0.050% cheaper against Arcus than usual: you would sell low and buy high (spread −0.050% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 8 hours of funding at the current rate (+$15 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus BNB-USD789.200.0100pay 0.0013% / 1h36m 09s$52K$130K10x
ShortHibachi BNB/USDT-P788.800.0584get 0.0073% / 1h36m 09s$67K$38K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against Arcus. 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
$101.64
Price spread: −0.050% → 0.000%
−$5.01
Slippage, 4 orders
no order book: not counted
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
$83.13
Costs to cover
0.135%
Break-even
1.3 days
Slippage unknown: Arcus: live order book, 27 min ago; Hibachi: 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 Arcus live order book, 27 min ago4.43 bp9.2 bp −$927.6 bp −$276doesn't fitdoesn't fit
Sell Hibachi no order-book sample
Hibachi: 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 −0.0167% / S +0.0335%1h788.87−0.042%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h788.96−0.030%$4K$23925xas long as short
StandX BNB-USD0.0000%1h789.27+0.009%$853K$3.2M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h788.92−0.035%$9.6M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.013%$19K$789K30xas long as short
Aster BNBUSDT+0.0043%8h789.77+0.072%$6.3M$18.7M200xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h789.09−0.014%$618K$1.8M50xas long as short
BingX BNB-USDT+0.0058%8h789.39+0.024%$34.4Mas long as short
Phemex BNBUSDT+0.0069%8h789.43+0.029%$69.1M$51.0M50xas long as short
MEXC BNB_USDT+0.0074%8h790.10+0.114%$80.3M$12.4M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0075%8h789.79+0.075%$493.8M$804.9M75xas long as short
Variational Omni BNB+0.0091%8h788.80−0.051%$4.1M$4.6Mas long as short
Kraken Futures PF_BNBUSD+0.0091%1h788.97−0.029%$2.5M$1.2M50xas long as short
Lighter BNB+0.0096%1h789.45+0.032%$2.8M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h789.08−0.015%$265K$497K50xas long as short
Nado BNB-PERP+0.0100%1h788.75−0.057%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h789.76+0.071%$51.8M$18.1M10xas long as short
Pacifica BNB+0.0100%1h789.26+0.008%$1.2M$908K20xas long as short
Bybit BNBUSDT+0.0100%8h789.10−0.013%$138.8M$77.4M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h789.10−0.013%$53.5M$112.2M50xas long as short
Arcus BNB-USDlong+0.0100%1h789.20long leg$52K$130K10x
Gate BNB_USDT+0.0100%8h789.10−0.013%$35.3M$56.9M75xas long as short
KuCoin BNBUSDTM+0.0100%8h788.94−0.033%$27.7M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h789.04−0.020%$76.9M$30.0M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h789.56+0.046%$2.2M$6.1M40xas long as short
edgeX BNBUSDC+0.0100%4h788.57−0.080%$4.1M$76.5M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h789.03−0.022%$159K$440K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h788.88−0.041%$135K$948K10xas long as short
Derive BNB-PERP+0.0100%1h789.31+0.014%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h789.65+0.057%$12K$1.6M50xas long as short
HTX BNB-USDT+0.0100%8h788.67−0.067%$8.1M$9.1M75xas long as short
Paradex BNB-USD-PERP+0.0103%8h789.66+0.058%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h788.79−0.052%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h789.12−0.010%$379K$110K10xas long as short
Phoenix BNB+0.0107%1h788.63−0.072%$169K$35K10xas long as short
GRVT BNB_USDT_Perp+0.0136%8h789.15−0.006%$2.9M$28.2M10xas long as short
SoDEX BNB-USD+0.0136%1h789.200.000%$388K$1.0M10xas long as short
Kalshi KXBNBPERP+0.0189%8h789.60+0.051%$94K$2.8M4.8xas long as short
BloFin BNB-USDT+0.0195%8h789.53+0.042%$18.2M$2.3M75xas long as short
dYdX BNB-USD+0.0236%1h788.84−0.045%$160K$63K10xas long as short
01 Exchange BNBUSD+0.0296%1h789.53+0.042%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h789.52+0.040%$1.5M$147K25xas long as short
Reya BNBRUSDPERP+0.0328%1h788.60−0.077%$6K$3K40xas long as short
RISEx BNB/USDC+0.0361%1h789.34+0.018%$1.1M$1.0M20xas long as short
Bulk BNB-USD+0.0373%1h788.05−0.145%$638K$13K10xas long as short
Hibachi BNB/USDT-Pshort+0.0584%1h788.80−0.050%$67K$38K12x