Funding you earn now, next payment 07:00 UTC−0.0381%/8h= −41.7% APRpaid last 24h −0.035%
Price spread now: BloFin against Hibachi+0.045%47s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.305%−$31 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. BloFin is 0.045% dearer against Hibachi than usual: you sell high and buy low (spread +0.045% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.305% in total) that is about 25 hours. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hibachi BNB/USDT-P | 787.53 | 0.0568 | pay 0.0071% / 1h | 58m 02s | $67K | $39K | 12x |
| Short | BloFin BNB-USDT | 787.88 | 0.0187 | get 0.0187% / 8h | 1h 58m | $17.7M | $2.2M | 75x |
Hibachi BNB/USDT-P
BloFin BNB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$79.92
- Price spread: +0.045% → 0.000%
- $4.46
- Slippage, 4 orders
- no order book: not counted
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$96.46
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Hibachi: no order-book sample; BloFin: live order book, 6 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 BloFin live order book, 6 min ago | 0.19 bp | 6.2 bp −$6 | 6.7 bp −$67 | 12.1 bp −$1,213 | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX BNB/USD [WBTC.b-USDC] | L −0.0192% / S +0.0356% | 1h | 787.32 | −0.026% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 788.11 | +0.074% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 788.08 | +0.070% | $850K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 787.25 | −0.035% | $9.5M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.230% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0045% | 8h | 787.82 | +0.037% | $6.1M | $19.0M | 200x | as long as short |
| BingX BNB-USDT | +0.0054% | 8h | 787.59 | +0.008% | — | $22.2M | — | as long as short |
| dYdX BNB-USD | +0.0060% | 1h | 787.75 | +0.028% | $160K | $62K | 10x | as long as short |
| Phemex BNBUSDT | +0.0066% | 8h | 787.83 | +0.038% | $68.9M | $50.9M | 50x | as long as short |
| MEXC BNB_USDT | +0.0067% | 8h | 788.40 | +0.111% | $81.0M | $11.9M | 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
BingX BNB-USDT
dYdX BNB-USD
Phemex BNBUSDT
MEXC BNB_USDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNBUSDT | +0.0067% | 8h | 787.96 | +0.055% | $490.4M | $815.8M | 75x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0080% | 1h | 788.38 | +0.108% | $569K | $1.9M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 787.37 | −0.021% | $2.7M | $3.8M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 787.25 | −0.035% | $265K | $471K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 787.65 | +0.015% | $1.4M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 788.18 | +0.083% | $1.2M | $933K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 787.50 | −0.004% | $138.6M | $75.0M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 787.30 | −0.029% | $53.6M | $113.0M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 788.20 | +0.085% | $52K | $129K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 787.30 | −0.029% | $37.0M | $58.5M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 787.10 | −0.054% | $27.7M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 787.13 | −0.051% | $76.2M | $31.1M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 787.64 | +0.014% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 787.80 | +0.035% | $4.0M | $4.8M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 788.41 | +0.112% | $4.1M | $76.0M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 788.40 | +0.111% | $159K | $436K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 787.78 | +0.032% | $132K | $949K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 787.39 | −0.017% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 788.29 | +0.097% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 787.30 | −0.029% | $387K | $987K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 787.50 | −0.004% | $8.0M | $10.1M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0101% | 8h | 788.23 | +0.089% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 787.17 | −0.045% | $1.8M | $6.2M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 787.25 | −0.035% | $378K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0107% | 1h | 788.39 | +0.109% | $169K | $34K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0136% | 8h | 788.20 | +0.085% | $169K | $2.7M | 4.8x | as long as short |
| BloFin BNB-USDTshort | +0.0187% | 8h | 787.88 | +0.045% | $17.7M | $2.2M | 75x | |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 787.58 | +0.006% | $1.5M | $143K | 25x | as long as short |
| Hyperliquid BNB | +0.0205% | 1h | 787.97 | +0.056% | $51.6M | $17.7M | 10x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0206% | 1h | 787.08 | −0.056% | $2.5M | $1.2M | 50x | as long as short |
| GRVT BNB_USDT_Perp | +0.0225% | 8h | 788.63 | +0.140% | $2.9M | $29.6M | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0280% | 1h | 788.56 | +0.131% | $28K | $4K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0323% | 1h | 787.40 | −0.016% | $6K | $3K | 40x | as long as short |
| Bulk BNB-USD | +0.0339% | 1h | 788.57 | +0.132% | $639K | $4K | 10x | as long as short |
| RISEx BNB/USDC | +0.0438% | 1h | 788.28 | +0.095% | $1.1M | $910K | 20x | as long as short |
| Hibachi BNB/USDT-Plong | +0.0568% | 1h | 787.53 | long leg | $67K | $39K | 12x |
Binance BNBUSDT
Coinbase International BNB-PERP-INTX
Lighter BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
Kalshi KXBNBPERP
Deribit BNB_USDC-PERPETUAL
Hyperliquid BNB
Kraken Futures PF_BNBUSD
GRVT BNB_USDT_Perp
01 Exchange BNBUSD
Reya BNBRUSDPERP
Bulk BNB-USD
RISEx BNB/USDC