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−0.0011%/8h= −1.2% APRpaid last 24h +0.071%
Price spread now: Hibachi against Aster+0.017%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 7 days+0.516%+$52 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · Hibachi: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: $0 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.516%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BNBUSDT806.950.0107pay 0.0107% / 8h1h 37m$6.4M$18.8M200x
ShortHibachi BNB/USDT-P807.090.0096get 0.0012% / 1h37m 51s$72K$48K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against Aster. 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
−$2.37
Price spread: +0.017% → 0.000%
$1.7
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
−$17.67
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 6 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 Aster live order book, 6 min ago0.68 bp4.8 bp −$55.6 bp −$5620.8 bp −$2,077doesn'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 −0.0201% / S +0.0372%1h806.68−0.034%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h806.83−0.015%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h807.25+0.037%$3.0M$29.1M10xas long as short
Kalshi KXBNBPERP0.0000%8h807.00+0.006%$106K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h806.950.000%$872K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h806.75−0.025%$9.8M150xas long as short
Variational Omni BNB+0.0044%8h806.56−0.049%$4.1M$5.3Mas long as short
BingX BNB-USDT+0.0058%8h806.32−0.078%$34.5Mas long as short
Bybit BNBUSDT+0.0083%8h805.90−0.130%$139.6M$81.1M75xas long as short
Lighter BNB+0.0096%1h806.68−0.034%$2.8M$4.2M20xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi BNB/USDT-Pshort+0.0096%1h807.09+0.017%$72K$48K12x
Coinbase International BNB-PERP-INTX+0.0096%1h805.54−0.175%$608K$881K50xas long as short
Nado BNB-PERP+0.0100%1h806.25−0.087%$1.5M$2.7M20xas long as short
Pacifica BNB+0.0100%1h806.62−0.042%$1.2M$923K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h806.10−0.106%$55.1M$116.0M50xas long as short
Arcus BNB-USD+0.0100%1h806.90−0.006%$53K$170K10xas long as short
Gate BNB_USDT+0.0100%8h806.10−0.106%$36.1M$57.6M75xas long as short
KuCoin BNBUSDTM+0.0100%8h806.16−0.098%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h805.80−0.143%$78.8M$25.0M75xas long as short
edgeX BNBUSDC+0.0100%4h807.43+0.059%$4.2M$76.5M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h807.11+0.020%$162K$441K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h806.62−0.041%$116K$870K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h806.68−0.034%$390K$592K50xas long as short
Derive BNB-PERP+0.0100%1h806.94−0.001%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h807.39+0.055%$13K$1.7M50xas long as short
HTX BNB-USDT+0.0100%8h806.40−0.068%$8.2M$7.7M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h807.10+0.018%$79K$19K50xas long as short
Extended BNB-USD+0.0104%1h805.93−0.127%$1.9M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h806.52−0.054%$387K$40K10xas long as short
Aster BNBUSDTlong+0.0107%8h806.95long leg$6.4M$18.8M200x
MEXC BNB_USDT+0.0121%8h807.40+0.056%$84.8M$13.4M200xas long as short
Binance BNBUSDT+0.0122%8h806.95−0.001%$521.0M$804.1M75xas long as short
Phemex BNBUSDT+0.0135%8h807.03+0.010%$70.4M$51.7M50xas long as short
Phoenix BNB+0.0155%1h807.20+0.031%$173K$35K10xas long as short
SoDEX BNB-USD+0.0184%1h806.60−0.044%$397K$1.0M10xas long as short
dYdX BNB-USD+0.0193%1h806.57−0.047%$163K$63K10xas long as short
Kraken Futures PF_BNBUSD+0.0205%1h806.38−0.071%$2.5M$929K50xas long as short
Hyperliquid BNB+0.0229%1h807.17+0.028%$52.0M$21.8M10xas long as short
BloFin BNB-USDT+0.0242%8h806.92−0.004%$18.8M$2.6M75xas long as short
Bulk BNB-USD+0.0295%1h807.66+0.088%$652K$14K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h806.89−0.008%$1.6M$165K25xas long as short
Injective BNB/USDC PERP+0.0311%1h805.09−0.231%$19K$789K30xas long as short
RISEx BNB/USDC+0.0318%1h806.79−0.019%$1.1M$1.4M20xas long as short
Reya BNBRUSDPERP+0.0333%1h806.33−0.077%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0360%1h807.29+0.042%$29K$1K10xas long as short
Backpack BNB_USDC_PERP+0.0695%1h807.41+0.057%$3.0M$5.5M40xas long as short