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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0316%/8h= −34.6% APRpaid last 24h −0.079%
Price spread now: edgeX against Hibachi+0.007%66s7-day average · you sell dearer than you buy
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−0.490%−$49 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHibachi: Active · edgeX: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$9 a day on $10k at the current rate. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHibachi BNB/USDT-P787.400.0416pay 0.0052% / 1h46m 26s$67K$39K12x
ShortedgeX BNBUSDC787.450.0100get 0.0050% / 4h3h 46m$4.1M$76.8M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
−$66.36
Price spread: +0.007% → 0.000%
$0.68
Slippage, 4 orders
no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders
−$9
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$83.68
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Hibachi: no order-book sample; edgeX: live order book, 3 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 edgeX live order book, 3 min ago1.90 bp6.4 bp −$66.4 bp −$649.8 bp −$975doesn'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 −0.0168% / S +0.0337%1h786.98−0.054%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h787.46+0.008%$4K25xas long as short
Kraken Futures PF_BNBUSD−0.0021%1h787.03−0.046%$2.5M$1.2M50xas long as short
GRVT BNB_USDT_Perp0.0000%8h787.49+0.012%$3.0M$27.6M10xas long as short
StandX BNB-USD0.0000%1h787.76+0.046%$850K$2.7M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h787.01−0.049%$9.5M150xas long as short
Aster BNBUSDT+0.0029%8h787.62+0.028%$6.0M$18.5M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.247%$19K$789K30xas long as short
BingX BNB-USDC+0.0036%8h787.38−0.002%$13.4Mas long as short
Binance BNBUSDT+0.0044%8h787.48+0.011%$489.9M$812.3M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BNB_USDT+0.0044%8h788.60+0.153%$82.0M$12.1M200xas long as short
dYdX BNB-USD+0.0088%1h787.07−0.042%$157K$64K10xas long as short
Lighter BNB+0.0096%1h787.32−0.010%$2.7M$3.6M20xas long as short
Nado BNB-PERP+0.0100%1h787.05−0.044%$1.4M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h787.61+0.027%$51.6M$17.6M10xas long as short
Pacifica BNB+0.0100%1h787.41+0.002%$1.2M$937K20xas long as short
Bybit BNBUSDT+0.0100%8h787.00−0.050%$138.6M$73.3M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h786.90−0.063%$53.5M$111.6M50xas long as short
Arcus BNB-USD+0.0100%1h787.400.000%$52K$125K10xas long as short
Gate BNB_USDT+0.0100%8h787.10−0.038%$39.2M$55.4M75xas long as short
KuCoin BNBUSDTM+0.0100%8h786.81−0.075%$27.7M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h786.79−0.077%$75.5M$32.5M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h787.51+0.014%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h786.62−0.099%$4.1M$4.7Mas long as short
edgeX BNBUSDCshort+0.0100%4h787.45+0.007%$4.1M$76.8M30x
ApeX Omni BNBUSDT+0.0100%1h787.37−0.003%$158K$440K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h787.29−0.014%$132K$942K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.02−0.048%$265K$358K50xas long as short
Derive BNB-PERP+0.0100%1h787.23−0.022%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h787.59+0.025%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h787.20−0.025%$387K$949K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h787.52+0.016%$1.5M$141K25xas long as short
HTX BNB-USDT+0.0100%8h787.41+0.001%$8.0M$10.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h787.74+0.043%$78K$17K50xas long as short
Extended BNB-USD+0.0104%1h786.85−0.070%$1.8M$5.8M50xas long as short
Aevo BNB-PERP+0.0104%1h786.91−0.062%$378K$110K10xas long as short
Phemex BNBUSDT+0.0108%8h787.78+0.049%$68.7M$51.1M50xas long as short
Kalshi KXBNBPERP+0.0114%8h787.400.000%$171K$2.6M4.8xas long as short
Coinbase International BNB-PERP-INTX+0.0120%1h786.59−0.102%$548K$1.9M50xas long as short
Phoenix BNB+0.0120%1h787.50+0.013%$158K$38K10xas long as short
BloFin BNB-USDT+0.0164%8h787.58+0.023%$17.7M$2.2M75xas long as short
Bulk BNB-USD+0.0215%1h787.68+0.036%$638K$83110xas long as short
01 Exchange BNBUSD+0.0240%1h787.73+0.042%$28K$3K10xas long as short
Reya BNBRUSDPERP+0.0319%1h786.86−0.069%$6K$3K40xas long as short
RISEx BNB/USDC+0.0355%1h787.27−0.015%$1.1M$911K20xas long as short
Hibachi BNB/USDT-Plong+0.0416%1h787.40long leg$67K$39K12x