Funding you earn now, next payment 23:00 UTC−0.0167%/8h= −18.3% APRnext payment −$0.21 per $10,000 · paid last 24h +0.025%
Price spread now: Hibachi against Bulk−0.307%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 −$5 a day on $10k at the current rate, and Hibachi is 0.307% cheaper against Bulk than usual: you would sell low and buy high (−$31 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 | Bulk BNB-USD | 807.66 | 0.0295 | pay 0.0037% / 1h | 32m 49s | $652K | $14K | 10x |
| Short | Hibachi BNB/USDT-P | 805.18 | 0.0128 | get 0.0016% / 1h | 32m 49s | $71K | $48K | 12x |
Bulk BNB-USD
Hibachi BNB/USDT-PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi against Bulk. 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
- −$35.01
- Price spread: −0.307% → 0.000%
- −$30.7
- Slippage, 4 orders
- no order book: not counted
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- −$81.71
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Bulk: live order book, 51 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bulk live order book, 51 min ago | 0.06 bp | 3.6 bp −$4 | 3.7 bp −$37 | 6.0 bp −$597 | 13.9 bp −$6,931 |
| 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX BNB/USD [WBTC.b-USDC] | L −0.0201% / S +0.0372% | 1h | 802.19 | −0.677% | $48K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 802.61 | −0.625% | $4K | $1K | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 805.39 | −0.281% | $3.0M | $29.1M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 802.90 | −0.589% | $158K | $2.8M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 805.11 | −0.316% | $870K | $2.8M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 802.24 | −0.671% | $9.7M | — | 150x | as long as short |
| Variational Omni BNB | +0.0041% | 8h | 805.56 | −0.260% | $4.1M | $5.3M | — | as long as short |
| BingX BNB-USDC | +0.0058% | 8h | 801.18 | −0.802% | — | $13.3M | — | as long as short |
| Bybit BNBUSDT | +0.0082% | 8h | 801.50 | −0.763% | $139.7M | $82.9M | 75x | as long as short |
| Lighter BNB | +0.0096% | 1h | 802.36 | −0.656% | $2.8M | $4.2M | 20x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Variational Omni BNB
BingX BNB-USDC
Bybit BNBUSDT
Lighter BNBShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BNB-PERP-INTX | +0.0096% | 1h | 799.92 | −0.958% | $603K | $963K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 802.30 | −0.663% | $1.4M | $2.8M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 802.57 | −0.630% | $1.2M | $923K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 801.60 | −0.750% | $55.0M | $117.2M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 802.70 | −0.614% | $53K | $170K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 801.65 | −0.744% | $35.8M | $58.0M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 801.67 | −0.742% | $28.1M | $10.5M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 801.69 | −0.739% | $81.1M | $26.8M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 805.46 | −0.273% | $4.2M | $77.0M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 805.51 | −0.266% | $162K | $440K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 802.06 | −0.693% | $121K | $879K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 802.11 | −0.687% | $388K | $592K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 802.36 | −0.656% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 802.66 | −0.619% | $11K | $1.7M | 50x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 802.44 | −0.646% | $8.2M | $7.9M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 802.76 | −0.606% | $78K | $19K | 50x | as long as short |
| Aster BNBUSDT | +0.0101% | 8h | 802.19 | −0.677% | $6.4M | $19.2M | 200x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 801.51 | −0.761% | $1.8M | $6.1M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 803.03 | −0.574% | $386K | $40K | 10x | as long as short |
| Binance BNBUSDT | +0.0120% | 8h | 802.43 | −0.647% | $517.5M | $828.1M | 75x | as long as short |
| MEXC BNB_USDT | +0.0122% | 8h | 803.00 | −0.577% | $83.5M | $13.8M | 200x | as long as short |
| Hibachi BNB/USDT-Pshort | +0.0128% | 1h | 805.18 | −0.307% | $71K | $48K | 12x | |
| Phemex BNBUSDT | +0.0129% | 8h | 802.58 | −0.629% | $70.1M | $51.7M | 50x | as long as short |
| Phoenix BNB | +0.0155% | 1h | 804.78 | −0.357% | $173K | $35K | 10x | as long as short |
| SoDEX BNB-USD | +0.0157% | 1h | 802.20 | −0.676% | $395K | $1.0M | 10x | as long as short |
| dYdX BNB-USD | +0.0186% | 1h | 802.20 | −0.677% | $162K | $64K | 10x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0206% | 1h | 802.06 | −0.694% | $2.6M | $983K | 50x | as long as short |
| BloFin BNB-USDT | +0.0240% | 8h | 802.70 | −0.614% | $18.8M | $2.6M | 75x | as long as short |
| Hyperliquid BNB | +0.0247% | 1h | 803.00 | −0.577% | $51.9M | $22.2M | 10x | as long as short |
| Bulk BNB-USDlong | +0.0295% | 1h | 807.66 | long leg | $652K | $14K | 10x | |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 802.66 | −0.619% | $1.6M | $165K | 25x | as long as short |
| Injective BNB/USDC PERP | +0.0311% | 1h | 805.09 | −0.318% | $19K | $789K | 30x | as long as short |
| RISEx BNB/USDC | +0.0318% | 1h | 802.55 | −0.632% | $1.1M | $1.4M | 20x | as long as short |
| Reya BNBRUSDPERP | +0.0333% | 1h | 801.82 | −0.723% | $6K | $3K | 40x | as long as short |
| 01 Exchange BNBUSD | +0.0344% | 1h | 802.90 | −0.589% | $28K | $1K | 10x | as long as short |
| Backpack BNB_USDC_PERP | +0.0677% | 1h | 803.05 | −0.571% | $3.0M | $5.5M | 40x | as long as short |
Coinbase International BNB-PERP-INTX
Nado BNB-PERP
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
HTX BNB-USDT
Paradex BNB-USD-PERP
Aster BNBUSDT
Extended BNB-USD
Aevo BNB-PERP
Binance BNBUSDT
MEXC BNB_USDT
Phemex BNBUSDT
Phoenix BNB
SoDEX BNB-USD
dYdX BNB-USD
Kraken Futures PF_BNBUSD
BloFin BNB-USDT
Hyperliquid BNB
Deribit BNB_USDC-PERPETUAL
Injective BNB/USDC PERP
RISEx BNB/USDC
Reya BNBRUSDPERP
01 Exchange BNBUSD
Backpack BNB_USDC_PERP