Funding you earn now, next payment 03:00 UTC−0.0509%/8h= −55.8% APRpaid last 24h −0.071%
Price spread now: Binance against Hibachi+0.171%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.508%−$51 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Binance is 0.171% dearer against Hibachi than usual: you sell high and buy low (spread +0.171% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 27 hours. At the pace of the last 7 days (−0.508% in total) that is about 2.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hibachi BNB/USDT-P | 788.80 | 0.0584 | pay 0.0073% / 1h | 34m 59s | $67K | $38K | 12x |
| Short | Binance BNBUSDT | 790.15 | 0.0075 | get 0.0075% / 8h | 5h 34m | $494.0M | $804.7M | 75x |
Hibachi BNB/USDT-P
Binance BNBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Hibachi. 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
- −$106.99
- Price spread: +0.171% → 0.000%
- $17.06
- Slippage, 4 orders
- no order book: not counted
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$108.93
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hibachi: no order-book sample; Binance: live order book, 9 min ago. 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 Hibachi no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 9 min ago | 0.06 bp | 5.1 bp −$5 | 6.6 bp −$66 | 19.6 bp −$1,963 | 36.9 bp −$18.5K |
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 −0.0167% / S +0.0335% | 1h | 789.34 | +0.068% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 789.44 | +0.081% | $4K | $239 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 789.74 | +0.119% | $853K | $3.2M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 789.38 | +0.072% | $9.6M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.065% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0044% | 8h | 790.11 | +0.165% | $6.3M | $18.7M | 200x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0048% | 1h | 789.09 | +0.036% | $618K | $1.8M | 50x | as long as short |
| BingX BNB-USDT | +0.0058% | 8h | 789.67 | +0.110% | — | $34.4M | — | as long as short |
| Phemex BNBUSDT | +0.0072% | 8h | 789.93 | +0.143% | $69.2M | $51.1M | 50x | as long as short |
| MEXC BNB_USDT | +0.0074% | 8h | 790.50 | +0.215% | $80.3M | $12.4M | 200x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
Aster BNBUSDT
Coinbase International BNB-PERP-INTX
BingX BNB-USDT
Phemex BNBUSDT
MEXC BNB_USDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNBUSDTshort | +0.0075% | 8h | 790.15 | +0.171% | $494.0M | $804.7M | 75x | |
| Variational Omni BNB | +0.0091% | 8h | 788.80 | −0.001% | $4.1M | $4.6M | — | as long as short |
| Kraken Futures PF_BNBUSD | +0.0091% | 1h | 789.33 | +0.066% | $2.5M | $1.2M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 789.71 | +0.114% | $2.8M | $3.9M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 789.49 | +0.087% | $266K | $497K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 789.25 | +0.056% | $1.5M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 790.10 | +0.164% | $51.8M | $18.1M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 789.21 | +0.052% | $1.2M | $908K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 789.36 | +0.070% | $138.8M | $77.3M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 789.50 | +0.088% | $53.6M | $112.2M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 789.30 | +0.063% | $52K | $130K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 789.40 | +0.075% | $35.3M | $56.9M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 789.20 | +0.050% | $27.7M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 789.20 | +0.050% | $76.9M | $30.1M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 789.56 | +0.096% | $2.2M | $6.1M | 40x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 789.01 | +0.026% | $4.1M | $76.6M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 789.30 | +0.063% | $159K | $440K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 789.24 | +0.055% | $135K | $948K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 789.70 | +0.113% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 790.08 | +0.162% | $12K | $1.6M | 50x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 788.67 | −0.017% | $8.1M | $9.1M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0103% | 8h | 789.77 | +0.123% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 789.18 | +0.047% | $1.8M | $5.9M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 789.45 | +0.082% | $379K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0107% | 1h | 788.63 | −0.022% | $169K | $35K | 10x | as long as short |
| SoDEX BNB-USD | +0.0135% | 1h | 789.60 | +0.101% | $388K | $1.0M | 10x | as long as short |
| GRVT BNB_USDT_Perp | +0.0137% | 8h | 789.50 | +0.088% | $2.9M | $28.2M | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0189% | 8h | 789.80 | +0.126% | $93K | $2.8M | 4.8x | as long as short |
| BloFin BNB-USDT | +0.0195% | 8h | 790.06 | +0.159% | $18.2M | $2.3M | 75x | as long as short |
| dYdX BNB-USD | +0.0232% | 1h | 788.84 | +0.005% | $160K | $63K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0296% | 1h | 789.75 | +0.120% | $28K | $4K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 789.92 | +0.141% | $1.5M | $147K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0327% | 1h | 789.15 | +0.043% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0361% | 1h | 789.51 | +0.089% | $1.1M | $1.0M | 20x | as long as short |
| Bulk BNB-USD | +0.0383% | 1h | 789.79 | +0.125% | $640K | $6K | 10x | as long as short |
| Hibachi BNB/USDT-Plong | +0.0584% | 1h | 788.80 | long leg | $67K | $38K | 12x |
Variational Omni BNB
Kraken Futures PF_BNBUSD
Lighter BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
SoDEX BNB-USD
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
BloFin BNB-USDT
dYdX BNB-USD
01 Exchange BNBUSD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
RISEx BNB/USDC
Bulk BNB-USD