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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0324%/8h= −35.5% APRnext payment $0.41 per $10,000 · paid last 24h −0.079%
Price spread now: ApeX Omni against Hibachi+0.039%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−0.490%−$49 on $10k
Price spread, last 7 daysno 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. ApeX Omni is 0.039% dearer against Hibachi than usual: you sell high and buy low (spread +0.039% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 10 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHibachi BNB/USDT-P787.780.0424pay 0.0053% / 1h59m 14s$67K$38K12x
ShortApeX Omni BNBUSDT788.090.0100get 0.0013% / 1h59m 14s$159K$440K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni 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
−$68.04
Price spread: +0.039% → 0.000%
$3.94
Slippage, 4 orders
no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders
−$9
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$83.1
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Hibachi: no order-book sample; ApeX Omni: live order book, 33 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 ApeX Omni live order book, 33 min ago5.29 bp10.9 bp −$1134.9 bp −$349doesn't fitdoesn'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 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 −0.0166% / S +0.0336%1h787.50−0.035%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h787.87+0.011%$4K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h788.33+0.070%$2.9M$26.5M10xas long as short
StandX BNB-USD0.0000%1h788.48+0.089%$850K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h787.53−0.032%$9.5M150xas long as short
Aster BNBUSDT+0.0008%8h787.98+0.025%$6.0M$17.7M200xas long as short
BingX BNB-USDT+0.0022%8h787.67−0.014%$22.3Mas long as short
MEXC BNB_USDT+0.0027%8h789.40+0.206%$83.1M$11.7M200xas long as short
Binance BNBUSDT+0.0027%8h787.95+0.022%$482.8M$797.3M75xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.197%$19K$789K30xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BNBUSD+0.0035%1h787.45−0.041%$2.5M$1.2M50xas long as short
Phemex BNBUSDT+0.0065%8h788.04+0.033%$68.5M$51.4M50xas long as short
Lighter BNB+0.0096%1h787.55−0.029%$2.7M$3.4M20xas long as short
Nado BNB-PERP+0.0097%1h787.25−0.067%$1.4M$2.5M20xas long as short
Hyperliquid BNB+0.0100%1h788.16+0.048%$51.8M$17.3M10xas long as short
Pacifica BNB+0.0100%1h787.87+0.011%$1.2M$940K20xas long as short
Bybit BNBUSDT+0.0100%8h787.40−0.048%$138.8M$70.8M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h787.30−0.061%$53.7M$107.5M50xas long as short
Arcus BNB-USD+0.0100%1h787.80+0.003%$52K$124K10xas long as short
Gate BNB_USDT+0.0100%8h787.50−0.036%$39.9M$53.6M75xas long as short
KuCoin BNBUSDTM+0.0100%8h787.17−0.077%$27.8M$9.7M75xas long as short
Bitget BNBUSDT+0.0100%8h787.16−0.079%$75.7M$32.4M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h787.91+0.017%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h787.30−0.060%$4.3M$4.9Mas long as short
edgeX BNBUSDC+0.0100%4h788.05+0.035%$4.1M$77.6M30xas long as short
ApeX Omni BNBUSDTshort+0.0100%1h788.09+0.039%$159K$440K50x
Polymarket Perps BNB-USD+0.0100%1h787.53−0.032%$130K$916K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.42−0.046%$264K$304K50xas long as short
SunX BNB-USDT+0.0100%8h787.94+0.020%$12K$1.4M50xas long as short
SoDEX BNB-USD+0.0100%1h787.60−0.023%$387K$940K10xas long as short
HTX BNB-USDT+0.0100%8h787.59−0.024%$8.0M$10.2M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h788.01+0.029%$78K$267K50xas long as short
Kalshi KXBNBPERP+0.0102%8h788.50+0.091%$161K$2.5M4.8xas long as short
Extended BNB-USD+0.0104%1h787.13−0.082%$1.8M$5.8M50xas long as short
Aevo BNB-PERP+0.0104%1h787.39−0.050%$378K$110K10xas long as short
BloFin BNB-USDT+0.0109%8h788.43+0.083%$17.6M$2.3M75xas long as short
Phoenix BNB+0.0120%1h788.35+0.072%$158K$37K10xas long as short
Coinbase International BNB-PERP-INTX+0.0136%1h787.77−0.001%$550K$1.9M50xas long as short
Bulk BNB-USD+0.0150%1h788.74+0.121%$639K$010xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h787.85+0.009%$1.5M$138K25xas long as short
01 Exchange BNBUSD+0.0232%1h788.26+0.061%$28K$3K10xas long as short
dYdX BNB-USD+0.0315%1h787.36−0.054%$158K$63K10xas long as short
Reya BNBRUSDPERP+0.0318%1h787.19−0.075%$6K$3K40xas long as short
RISEx BNB/USDC+0.0345%1h787.74−0.005%$1.1M$895K20xas long as short
Hibachi BNB/USDT-Plong+0.0424%1h787.78long leg$67K$38K12x