Funding you earn now, next payment 00:00 UTC+0.0168%/8h= +18.4% APRnext payment +$0.21 per $10,000 · paid last 24h +0.106%
Price spread now: Hibachi against gTrade (Gains Network)+0.084%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$5 a day on $10k at the current rate, and Hibachi is 0.084% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) BNB/USD | 798.41 | L +0.0008% / S −0.0007% | pay 0.0001% / 1h | 20m 58s | $9.7M | — | 150x |
| Short | Hibachi BNB/USDT-P | 799.08 | 0.0176 | get 0.0022% / 1h | 20m 58s | $70K | $43K | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi against gTrade (Gains Network). 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
- $35.34
- Price spread: +0.084% → 0.000%
- $8.44
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- $24.78
- Costs to cover
- 0.190%
- Break-even
- 2.1 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy gTrade (Gains Network) virtual book (oracle venue), 3 min ago | 130.01 bp | 135.0 bp −$135 | 135.0 bp −$1,350 | 416.8 bp −$41.7K | 2253.7 bp −$1.13M |
| 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 | 798.40 | 0.000% | $47K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 798.76 | +0.044% | $4K | $1K | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0074% | 1h | 798.12 | −0.036% | $2.5M | $972K | 50x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 798.68 | +0.034% | $3.0M | $27.9M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 798.96 | +0.069% | $863K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USDlong | L +0.0008% / S −0.0007% | 1h | 798.41 | long leg | $9.7M | — | 150x | |
| Variational Omni BNB | +0.0012% | 8h | 798.04 | −0.046% | $4.1M | $5.4M | — | as long as short |
| BingX BNB-USDC | +0.0037% | 8h | 798.67 | +0.033% | — | $13.3M | — | as long as short |
| Bybit BNBUSDT | +0.0042% | 8h | 798.35 | −0.007% | $138.6M | $77.0M | 75x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0072% | 1h | 799.89 | +0.186% | $606K | $985K | 50x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BNBUSDT | +0.0089% | 8h | 799.10 | +0.087% | $6.2M | $19.1M | 200x | as long as short |
| Lighter BNB | +0.0096% | 1h | 798.62 | +0.027% | $2.8M | $4.1M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 798.25 | −0.020% | $1.4M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 798.75 | +0.043% | $1.2M | $926K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 798.50 | +0.012% | $54.3M | $112.9M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 798.90 | +0.062% | $53K | $133K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 798.45 | +0.005% | $35.8M | $58.3M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 798.44 | +0.004% | $28.0M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 798.36 | −0.006% | $79.1M | $27.5M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 798.50 | +0.012% | $4.1M | $76.5M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 799.21 | +0.101% | $161K | $439K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 798.40 | −0.001% | $116K | $875K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 798.26 | −0.018% | $386K | $497K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 798.37 | −0.005% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 799.16 | +0.094% | $13K | $1.7M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 798.40 | −0.001% | $393K | $1.0M | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 798.63 | +0.028% | $1.6M | $165K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 798.55 | +0.018% | $8.2M | $8.0M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 798.96 | +0.069% | $78K | $19K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 798.26 | −0.019% | $1.8M | $6.5M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 798.26 | −0.018% | $383K | $40K | 10x | as long as short |
| Binance BNBUSDT | +0.0109% | 8h | 799.19 | +0.098% | $498.0M | $818.5M | 75x | as long as short |
| Phemex BNBUSDT | +0.0109% | 8h | 798.92 | +0.064% | $69.8M | $50.6M | 50x | as long as short |
| MEXC BNB_USDT | +0.0110% | 8h | 799.50 | +0.137% | $83.1M | $13.6M | 200x | as long as short |
| Phoenix BNB | +0.0127% | 1h | 798.57 | +0.020% | $172K | $36K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0133% | 8h | 799.00 | +0.074% | $89K | $2.9M | 4.8x | as long as short |
| Hibachi BNB/USDT-Pshort | +0.0176% | 1h | 799.08 | +0.084% | $70K | $43K | 12x | |
| Hyperliquid BNB | +0.0213% | 1h | 799.35 | +0.118% | $52.5M | $21.2M | 10x | as long as short |
| BloFin BNB-USDT | +0.0229% | 8h | 798.85 | +0.055% | $18.2M | $2.5M | 75x | as long as short |
| Bulk BNB-USD | +0.0239% | 1h | 800.03 | +0.204% | $650K | $19K | 10x | as long as short |
| RISEx BNB/USDC | +0.0258% | 1h | 798.65 | +0.030% | $1.1M | $1.4M | 20x | as long as short |
| 01 Exchange BNBUSD | +0.0288% | 1h | 799.21 | +0.101% | $28K | $1K | 10x | as long as short |
| Injective BNB/USDC PERP | +0.0306% | 1h | 805.09 | +0.837% | $19K | $789K | 30x | as long as short |
| Reya BNBRUSDPERP | +0.0331% | 1h | 798.12 | −0.035% | $6K | $3K | 40x | as long as short |
| dYdX BNB-USD | +0.0367% | 1h | 798.70 | +0.036% | $161K | $62K | 10x | as long as short |
| Backpack BNB_USDC_PERP | +0.0391% | 1h | 799.21 | +0.101% | $2.7M | $5.7M | 40x | as long as short |
gTrade (Gains Network) BNB/USD
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
GRVT BNB_USDT_Perp
StandX BNB-USD
Variational Omni BNB
BingX BNB-USDC
Bybit BNBUSDT
Coinbase International BNB-PERP-INTX
Aster BNBUSDT
Lighter BNB
Pacifica BNB
OKX BNB-USDT-SWAP
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Binance BNBUSDT
Phemex BNBUSDT
MEXC BNB_USDT
Phoenix BNB
Kalshi KXBNBPERP
Hyperliquid BNB
BloFin BNB-USDT
Bulk BNB-USD
RISEx BNB/USDC
01 Exchange BNBUSD
Injective BNB/USDC PERP
Backpack BNB_USDC_PERP