BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0440%/8h= −48.2% APRnext payment −$0.55 per $10,000 · paid last 24h −0.080%

Price spread now: Coinbase International against Hibachi+0.029%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Hibachi Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.571%−$57 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. Coinbase International is 0.029% dearer against Hibachi than usual: you sell high and buy low (spread +0.029% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 5 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hibachi BNB/USDT-P	789.22	0.0504	pay 0.0063% / 1h	43m 50s	$67K	$38K	12x
Short	Coinbase International BNB-PERP-INTX	789.45	0.0064	get 0.0008% / 1h	43m 50s	$582K	$1.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Hibachi. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HibachibpFee Coinbase InternationalbpOrdersPrice spread, now +0.029%Rate

Funding earned: −$92.4
Price spread: +0.029% → 0.000%: $2.85
Slippage, 4 orders: no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders: −$9
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$108.55
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Hibachi: no order-book sample; Coinbase International: live order book, 5 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 Coinbase International live order book, 5 min ago	1.97 bp	8.9 bp −$9	15.9 bp −$159	doesn't fit	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 −0.0184% / S +0.0349%	1h	789.94	+0.090%	$46K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	789.65	+0.054%	$4K	$42	25x	as long as short
StandX BNB-USD	0.0000%	1h	790.01	+0.099%	$854K	$3.2M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	789.99	+0.097%	$9.5M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.010%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0041%	8h	790.56	+0.169%	$6.1M	$18.7M	200x	as long as short
BingX BNB-USDT	+0.0054%	8h	790.08	+0.108%	—	$34.3M	—	as long as short
Coinbase International BNB-PERP-INTXshort	+0.0064%	1h	789.45	+0.029%	$582K	$1.9M	50x
MEXC BNB_USDT	+0.0066%	8h	790.80	+0.200%	$80.3M	$12.3M	200x	as long as short
Binance BNBUSDT	+0.0067%	8h	790.55	+0.168%	$493.3M	$789.7M	75x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex BNBUSDT	+0.0074%	8h	790.69	+0.186%	$69.2M	$50.0M	50x	as long as short
Lighter BNB	+0.0096%	1h	790.19	+0.123%	$2.7M	$3.8M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	790.12	+0.113%	$266K	$492K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	789.00	−0.028%	$1.5M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	790.45	+0.155%	$51.9M	$17.5M	10x	as long as short
Pacifica BNB	+0.0100%	1h	789.81	+0.074%	$1.2M	$931K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	789.70	+0.060%	$138.9M	$74.8M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	789.70	+0.060%	$53.4M	$111.3M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	790.00	+0.098%	$52K	$130K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	789.85	+0.079%	$35.4M	$56.7M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	789.80	+0.073%	$27.6M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	789.63	+0.051%	$76.5M	$30.4M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	790.53	+0.165%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	788.50	−0.091%	$4.1M	$4.6M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	789.10	−0.016%	$4.1M	$74.6M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	789.58	+0.045%	$159K	$440K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	789.76	+0.068%	$133K	$950K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	790.18	+0.121%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	790.63	+0.177%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	790.20	+0.124%	$388K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	789.91	+0.087%	$8.1M	$9.4M	75x	as long as short
Paradex BNB-USD-PERP	+0.0101%	8h	790.26	+0.131%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	789.44	+0.027%	$1.8M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	790.12	+0.114%	$380K	$110K	10x	as long as short
Phoenix BNB	+0.0117%	1h	789.31	+0.011%	$170K	$35K	10x	as long as short
dYdX BNB-USD	+0.0124%	1h	789.05	−0.022%	$160K	$64K	10x	as long as short
GRVT BNB_USDT_Perp	+0.0134%	8h	789.57	+0.044%	$2.9M	$28.0M	10x	as long as short
Kalshi KXBNBPERP	+0.0182%	8h	790.10	+0.111%	$124K	$2.7M	4.8x	as long as short
BloFin BNB-USDT	+0.0187%	8h	789.81	+0.074%	$18.2M	$2.2M	75x	as long as short
01 Exchange BNBUSD	+0.0224%	1h	790.45	+0.155%	$28K	$4K	10x	as long as short
Kraken Futures PF_BNBUSD	+0.0263%	1h	789.88	+0.083%	$2.5M	$1.2M	50x	as long as short
Bulk BNB-USD	+0.0272%	1h	789.78	+0.070%	$640K	$9K	10x	as long as short
Reya BNBRUSDPERP	+0.0326%	1h	789.59	+0.046%	$6K	$3K	40x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0400%	1h	790.55	+0.168%	$1.5M	$143K	25x	as long as short
RISEx BNB/USDC	+0.0461%	1h	790.17	+0.120%	$1.1M	$975K	20x	as long as short
Hibachi BNB/USDT-Plong	+0.0504%	1h	789.22	long leg	$67K	$38K	12x