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

BNB

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.082%
Price spread now: Bitget against Hibachi−0.152%7-day average · you buy dearer than you sell
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−0.474%−$47 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHibachi: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.152% cheaper against Hibachi than usual: you would sell low and buy high, −$15 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHibachi BNB/USDT-P807.090.0096pay 0.0012% / 1h37m 57s$72K$48K12x
ShortBitget BNBUSDT805.860.0100get 0.0100% / 8h1h 37m$78.8M$25.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$0.84
Price spread: −0.152% → 0.000%
−$15.23
Slippage, 4 orders
no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$35.39
Costs to cover
0.210%
Break-even
301.9 days
Slippage unknown: Hibachi: no order-book sample; Bitget: live order book, 1 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 Bitget live order book, 1 min ago0.06 bp6.9 bp −$79.0 bp −$9021.3 bp −$2,128doesn'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 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 −0.0201% / S +0.0372%1h806.68−0.051%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h806.83−0.032%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h807.25+0.020%$3.0M$29.1M10xas long as short
Kalshi KXBNBPERP0.0000%8h807.00−0.011%$106K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h806.95−0.017%$872K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h806.75−0.042%$9.8M150xas long as short
Variational Omni BNB+0.0044%8h806.56−0.066%$4.1M$5.3Mas long as short
BingX BNB-USDC+0.0059%8h806.34−0.093%$13.3Mas long as short
Bybit BNBUSDT+0.0083%8h805.90−0.147%$139.6M$81.1M75xas long as short
Lighter BNB+0.0096%1h806.68−0.051%$2.8M$4.2M20xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi BNB/USDT-Plong+0.0096%1h807.09long leg$72K$48K12x
Coinbase International BNB-PERP-INTX+0.0096%1h805.54−0.192%$608K$881K50xas long as short
Nado BNB-PERP+0.0100%1h806.25−0.104%$1.5M$2.7M20xas long as short
Pacifica BNB+0.0100%1h806.62−0.059%$1.2M$923K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h806.10−0.123%$55.1M$116.0M50xas long as short
Arcus BNB-USD+0.0100%1h806.90−0.023%$53K$170K10xas long as short
Gate BNB_USDT+0.0100%8h806.20−0.110%$36.1M$57.6M75xas long as short
KuCoin BNBUSDTM+0.0100%8h806.19−0.111%$28.2M$10.5M75xas long as short
Bitget BNBUSDTshort+0.0100%8h805.86−0.152%$78.8M$25.0M75x
edgeX BNBUSDC+0.0100%4h807.43+0.042%$4.2M$76.5M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h807.11+0.003%$162K$441K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h806.62−0.058%$116K$870K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h806.68−0.051%$390K$592K50xas long as short
Derive BNB-PERP+0.0100%1h806.94−0.018%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h807.39+0.038%$13K$1.7M50xas long as short
HTX BNB-USDT+0.0100%8h806.40−0.085%$8.2M$7.7M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h807.10+0.001%$79K$19K50xas long as short
Extended BNB-USD+0.0104%1h806.18−0.113%$1.9M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h806.52−0.071%$387K$40K10xas long as short
Aster BNBUSDT+0.0107%8h806.81−0.035%$6.4M$18.8M200xas long as short
MEXC BNB_USDT+0.0121%8h807.40+0.039%$84.8M$13.4M200xas long as short
Binance BNBUSDT+0.0122%8h806.92−0.021%$520.9M$804.0M75xas long as short
Phemex BNBUSDT+0.0135%8h807.03−0.007%$70.4M$51.7M50xas long as short
Phoenix BNB+0.0155%1h807.20+0.014%$173K$35K10xas long as short
SoDEX BNB-USD+0.0184%1h806.60−0.061%$397K$1.0M10xas long as short
dYdX BNB-USD+0.0193%1h806.57−0.064%$163K$63K10xas long as short
Kraken Futures PF_BNBUSD+0.0205%1h806.38−0.088%$2.5M$929K50xas long as short
Hyperliquid BNB+0.0226%1h807.18+0.011%$52.0M$21.8M10xas long as short
BloFin BNB-USDT+0.0242%8h806.92−0.021%$18.8M$2.6M75xas long as short
Bulk BNB-USD+0.0295%1h807.66+0.071%$652K$14K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h806.89−0.024%$1.6M$165K25xas long as short
Injective BNB/USDC PERP+0.0311%1h805.09−0.248%$19K$789K30xas long as short
RISEx BNB/USDC+0.0318%1h806.79−0.036%$1.1M$1.4M20xas long as short
Reya BNBRUSDPERP+0.0333%1h806.33−0.094%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0360%1h807.29+0.025%$29K$1K10xas long as short
Backpack BNB_USDC_PERP+0.0695%1h807.41+0.040%$3.0M$5.5M40xas long as short