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Funding arb · Price arb /

BNB

all BNB markets
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Alert: funding
Measured
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Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 11:00 UTC−0.0232%/8h= −25.4% APRnext payment −$0.29 per $10,000 · paid last 24h −0.072%
Price spread now: Aevo against Hibachi+0.038%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on HibachiShort on Aevo
What this pair did over the last
the charts below follow
Funding, last 7 days−0.489%−$49 on $10k
Price spread, last 7 days—no price history on both exchanges yet
Together, before fees—+ Points / potential airdropHibachi: Active · farm boardneeds both histories
The price spread pays, funding is against you. Aevo is 0.038% dearer against Hibachi than usual: you sell high and buy low (spread +0.038% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 13 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHibachi BNB/USDT-P786.100.0336pay 0.0042% / 1h30m 21s$67K$37K12x
ShortAevo BNB-PERP786.400.0104get 0.0013% / 1h30m 21s$378K$110K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Hibachi. 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
−$48.72
Price spread: +0.038% → 0.000%
$3.84
Slippage, 4 orders
no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders
−$9
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$69.88
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: Hibachi: no order-book sample; Aevo: live order book, 17 min ago. 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 Hibachi no order-book sample—————
Sell Aevo live order book, 17 min ago19.71 bp29.5 bp −$3030.2 bp −$30260.9 bp −$6,088doesn't fit
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 45 exchanges

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 −0.0166% / S +0.0336%1h786.48+0.049%$43K—200xas long as short
Kraken Futures PF_BNBUSD−0.0086%1h786.38+0.035%$2.5M$1.2M50xas long as short
Hotstuff BNB-PERP−0.0080%1h787.49+0.177%$4K—25xas long as short
Aster BNBUSDT0.0000%8h787.04+0.120%$6.0M$16.9M200xas long as short
GRVT BNB_USDT_Perp0.0000%8h786.58+0.061%$2.9M$26.2M10xas long as short
Kalshi KXBNBPERP0.0000%8h786.80+0.089%$155K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h786.86+0.096%$849K$3.0M30xas long as short
Deribit BNB_USDC-PERPETUAL0.0000%1h786.81+0.091%$1.5M$148K25xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h785.78−0.041%$9.5M—150xas long as short
Bybit BNBUSDT+0.0009%8h786.16+0.007%$138.5M$65.7M75xas long as short
Show all 45 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BNB-USDT+0.0010%8h786.58+0.061%—$50.3M—as long as short
MEXC BNB_USDT+0.0012%8h788.00+0.241%$83.3M$11.8M200xas long as short
Binance BNBUSDT+0.0012%8h787.14+0.132%$480.7M$760.0M75xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.415%$19K$789K30xas long as short
BloFin BNB-USDT+0.0051%8h786.47+0.047%$18.5M$2.2M75xas long as short
Phemex BNBUSDT+0.0087%8h787.07+0.123%$68.3M$50.9M50xas long as short
Lighter BNB+0.0096%1h786.60+0.063%$2.7M$3.3M20xas long as short
Nado BNB-PERP+0.0100%1h786.11+0.001%$1.4M$2.3M20xas long as short
Hyperliquid BNB+0.0100%1h787.11+0.128%$51.9M$16.9M10xas long as short
Pacifica BNB+0.0100%1h786.51+0.052%$1.2M$929K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h786.30+0.025%$53.4M$101.6M50xas long as short
Arcus BNB-USD+0.0100%1h786.50+0.051%$57K$122K10xas long as short
Gate BNB_USDT+0.0100%8h786.55+0.057%$41.6M$54.2M75xas long as short
KuCoin BNBUSDTM+0.0100%8h786.25+0.019%$28.2M$9.6M75xas long as short
Bitget BNBUSDT+0.0100%8h786.28+0.023%$75.7M$31.0M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h786.41+0.039%$2.2M$6.0M40xas long as short
Variational Omni BNB+0.0100%8h785.47−0.081%$4.3M$4.4M—as long as short
edgeX BNBUSDC+0.0100%4h786.25+0.018%$4.1M$73.3M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h787.07+0.123%$158K$459K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h786.27+0.021%$128K$905K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h786.57+0.060%$264K$297K50xas long as short
SunX BNB-USDT+0.0100%8h787.16+0.134%$12K$1.3M50xas long as short
SoDEX BNB-USD+0.0100%1h786.60+0.063%$387K$926K10xas long as short
HTX BNB-USDT+0.0100%8h786.52+0.053%$8.0M$9.9M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h786.69+0.075%$78K$899K50xas long as short
Extended BNB-USD+0.0104%1h786.04−0.008%$1.8M$5.6M50xas long as short
Aevo BNB-PERPshort+0.0104%1h786.40+0.038%$378K$110K10x
Phoenix BNB+0.0120%1h786.27+0.021%$158K$45K10xas long as short
Coinbase International BNB-PERP-INTX+0.0120%1h787.08+0.124%$548K$1.9M50xas long as short
01 Exchange BNBUSD+0.0208%1h786.83+0.093%$28K$3K10xas long as short
Bulk BNB-USD+0.0305%1h787.61+0.192%$638K$81110xas long as short
Reya BNBRUSDPERP+0.0316%1h786.09−0.002%$6K$3K40xas long as short
Hibachi BNB/USDT-Plong+0.0336%1h786.10long leg$67K$37K12x
RISEx BNB/USDC+0.0393%1h786.18+0.010%$1.1M$903K20xas long as short
dYdX BNB-USD+0.1165%1h786.11+0.001%$158K$34K10xas long as short