BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0048%/8h= +5.3% APRnext payment +$0.06 per $10,000 · paid last 24h −0.065%

Price spread now: Deribit against Hibachi+0.089%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 Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.324%−$32 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

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Deribit is 0.089% dearer against Hibachi than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.324%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hibachi BNB/USDT-P	801.23	0.0152	pay 0.0019% / 1h	29m 14s	$71K	$48K	12x
Short	Deribit BNB_USDC-PERPETUAL	801.94	0.0200	get 0.0025% / 1h	29m 14s	$1.6M	$165K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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

Position, each leg$Hold fordaysFee HibachibpFee DeribitbpOrdersPrice spread, now +0.089%Rate

Funding earned: $10.08
Price spread: +0.089% → 0.000%: $8.91
Slippage, 4 orders: no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders: −$9
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $2.99
Costs to cover: 0.160%
Break-even: 4.9 days

Slippage unknown: Hibachi: no order-book sample; Deribit: 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 Deribit live order book, 5 min ago	3.42 bp	10.7 bp −$11	14.2 bp −$142	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 −0.0201% / S +0.0372%	1h	801.45	+0.028%	$48K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	801.22	−0.001%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	801.73	+0.063%	$3.0M	$29.5M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	801.90	+0.084%	$158K	$2.8M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	802.20	+0.121%	$867K	$2.8M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	801.46	+0.028%	$9.7M	—	150x	as long as short
Variational Omni BNB	+0.0040%	8h	800.85	−0.047%	$4.1M	$5.3M	—	as long as short
BingX BNB-USDC	+0.0067%	8h	801.67	+0.055%	—	$13.3M	—	as long as short
Bybit BNBUSDT	+0.0081%	8h	801.10	−0.016%	$139.6M	$83.0M	75x	as long as short
Lighter BNB	+0.0096%	1h	801.89	+0.083%	$2.8M	$4.2M	20x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International BNB-PERP-INTX	+0.0096%	1h	801.17	−0.007%	$610K	$1.0M	50x	as long as short
Aster BNBUSDT	+0.0099%	8h	801.78	+0.069%	$6.4M	$19.3M	200x	as long as short
Nado BNB-PERP	+0.0100%	1h	801.07	−0.020%	$1.4M	$2.8M	20x	as long as short
Pacifica BNB	+0.0100%	1h	801.68	+0.056%	$1.2M	$926K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	801.30	+0.009%	$54.9M	$117.5M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	801.90	+0.084%	$53K	$170K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	801.25	+0.003%	$35.8M	$58.1M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	801.30	+0.009%	$28.0M	$10.6M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	801.30	+0.009%	$81.0M	$26.8M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	802.78	+0.194%	$4.2M	$77.4M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	802.46	+0.154%	$161K	$441K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	801.33	+0.013%	$121K	$880K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	801.48	+0.031%	$387K	$592K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	801.73	+0.062%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	801.90	+0.084%	$12K	$1.7M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	801.31	+0.010%	$8.2M	$7.9M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	801.93	+0.088%	$78K	$19K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	801.12	−0.014%	$1.8M	$6.1M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	801.74	+0.064%	$385K	$40K	10x	as long as short
MEXC BNB_USDT	+0.0118%	8h	802.50	+0.159%	$83.4M	$13.8M	200x	as long as short
Binance BNBUSDT	+0.0119%	8h	802.11	+0.110%	$504.2M	$829.6M	75x	as long as short
Phemex BNBUSDT	+0.0127%	8h	802.12	+0.111%	$70.0M	$51.7M	50x	as long as short
SoDEX BNB-USD	+0.0128%	1h	801.70	+0.059%	$394K	$1.0M	10x	as long as short
Hibachi BNB/USDT-Plong	+0.0152%	1h	801.23	long leg	$71K	$48K	12x
Phoenix BNB	+0.0155%	1h	801.68	+0.056%	$172K	$35K	10x	as long as short
dYdX BNB-USD	+0.0166%	1h	801.39	+0.020%	$162K	$62K	10x	as long as short
Deribit BNB_USDC-PERPETUALshort	+0.0200%	1h	801.94	+0.089%	$1.6M	$165K	25x
Kraken Futures PF_BNBUSD	+0.0206%	1h	801.50	+0.034%	$2.6M	$983K	50x	as long as short
BloFin BNB-USDT	+0.0239%	8h	802.15	+0.115%	$18.5M	$2.6M	75x	as long as short
Hyperliquid BNB	+0.0275%	1h	802.28	+0.131%	$51.9M	$22.3M	10x	as long as short
Injective BNB/USDC PERP	+0.0311%	1h	805.09	+0.482%	$19K	$789K	30x	as long as short
RISEx BNB/USDC	+0.0318%	1h	801.74	+0.063%	$1.1M	$1.4M	20x	as long as short
Reya BNBRUSDPERP	+0.0333%	1h	801.12	−0.013%	$6K	$3K	40x	as long as short
01 Exchange BNBUSD	+0.0336%	1h	802.25	+0.128%	$28K	$1K	10x	as long as short
Bulk BNB-USD	+0.0354%	1h	801.59	+0.045%	$651K	$21K	10x	as long as short
Backpack BNB_USDC_PERP	+0.0665%	1h	801.91	+0.085%	$3.0M	$5.5M	40x	as long as short