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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0456%/8h= +49.9% APRnext payment +$0.57 per $10,000 · paid last 24h +0.080%
Price spread now: Hibachi against Coinbase International+0.124%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+0.581%+$58 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHibachi: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Hibachi is 0.124% dearer against Coinbase International than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International BNB-PERP-INTX785.850.0080pay 0.0010% / 1h15m 17s$568K$1.9M50x
ShortHibachi BNB/USDT-P786.820.0536get 0.0067% / 1h15m 17s$67K$39K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against Coinbase International. 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
$95.76
Price spread: +0.124% → 0.000%
$12.37
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
$89.13
Costs to cover
0.190%
Break-even
0.5 days
Slippage unknown: Coinbase International: live order book, 3 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 Coinbase International live order book, 3 min ago1.97 bp10.3 bp −$1015.2 bp −$152doesn'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 −0.0192% / S +0.0356%1h786.35+0.063%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h786.95+0.140%$4K$4225xas long as short
StandX BNB-USD0.0000%1h787.28+0.182%$849K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h786.47+0.079%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.448%$19K$789K30xas long as short
Aster BNBUSDT+0.0039%8h787.18+0.169%$6.1M$19.0M200xas long as short
BingX BNB-USDT+0.0046%8h786.74+0.113%$22.2Mas long as short
Phemex BNBUSDT+0.0058%8h787.23+0.176%$68.9M$50.6M50xas long as short
MEXC BNB_USDT+0.0062%8h787.40+0.197%$80.5M$12.0M200xas long as short
Binance BNBUSDT+0.0063%8h787.22+0.174%$490.4M$812.5M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BNBUSD+0.0069%1h786.57+0.092%$2.5M$1.2M50xas long as short
Coinbase International BNB-PERP-INTXlong+0.0080%1h785.85long leg$568K$1.9M50x
Lighter BNB+0.0096%1h786.78+0.118%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h786.55+0.089%$265K$489K50xas long as short
Nado BNB-PERP+0.0100%1h786.45+0.076%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h787.15+0.165%$51.5M$17.6M10xas long as short
Pacifica BNB+0.0100%1h786.90+0.133%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h786.57+0.092%$138.2M$74.8M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h786.60+0.095%$53.5M$112.7M50xas long as short
Arcus BNB-USD+0.0100%1h786.80+0.121%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h786.50+0.083%$36.7M$59.2M75xas long as short
KuCoin BNBUSDTM+0.0100%8h786.28+0.055%$27.7M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h786.24+0.050%$76.1M$31.0M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h786.89+0.132%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h786.32+0.060%$4.0M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h786.93+0.137%$4.1M$75.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h787.09+0.158%$158K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h786.39+0.069%$131K$951K10xas long as short
Derive BNB-PERP+0.0100%1h786.70+0.108%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h787.22+0.174%$12K$1.5M50xas long as short
HTX BNB-USDT+0.0100%8h786.44+0.075%$8.0M$10.1M75xas long as short
Paradex BNB-USD-PERP+0.0101%8h786.96+0.141%$76K$17K50xas long as short
Extended BNB-USD+0.0104%1h786.24+0.050%$1.8M$6.2M50xas long as short
Aevo BNB-PERP+0.0104%1h786.67+0.104%$378K$110K10xas long as short
Phoenix BNB+0.0107%1h786.99+0.145%$169K$35K10xas long as short
SoDEX BNB-USD+0.0130%1h786.70+0.108%$387K$993K10xas long as short
Kalshi KXBNBPERP+0.0138%8h786.90+0.134%$160K$2.7M4.8xas long as short
dYdX BNB-USD+0.0158%1h786.37+0.066%$159K$62K10xas long as short
BloFin BNB-USDT+0.0183%8h787.25+0.178%$17.7M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0217%8h787.48+0.207%$2.9M$29.5M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h787.02+0.149%$1.5M$143K25xas long as short
01 Exchange BNBUSD+0.0312%1h787.28+0.182%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0323%1h786.31+0.058%$6K$3K40xas long as short
Bulk BNB-USD+0.0341%1h785.39−0.058%$637K$4K10xas long as short
RISEx BNB/USDC+0.0432%1h786.89+0.132%$1.1M$901K20xas long as short
Hibachi BNB/USDT-Pshort+0.0536%1h786.82+0.124%$67K$39K12x