Funding you earn now, next payment 03:00 UTC−0.0521%/8h= −57.0% APRnext payment −$0.65 per $10,000 · paid last 24h −0.101%
Price spread now: gTrade (Gains Network) against Hibachi−0.149%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and gTrade (Gains Network) is 0.149% cheaper against Hibachi than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hibachi BNB/USDT-P | 789.52 | 0.0528 | pay 0.0066% / 1h | 57m 40s | $67K | $39K | 12x |
| Short | gTrade (Gains Network) BNB/USD | 788.35 | L +0.0008% / S −0.0007% | get 0.0001% / 1h | 57m 40s | $9.6M | — | 150x |
Hibachi BNB/USDT-P
gTrade (Gains Network) BNB/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$109.39
- Price spread: −0.149% → 0.000%
- −$14.86
- Slippage, 4 orders
- no order book: not counted
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$143.25
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hibachi: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 1 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 gTrade (Gains Network) virtual book (oracle venue), 1 min ago | 130.00 bp | 135.0 bp −$135 | 135.0 bp −$1,350 | 484.2 bp −$48.4K | 3301.4 bp −$1.65M |
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 45 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 −0.0167% / S +0.0335% | 1h | 788.36 | −0.148% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 789.66 | +0.018% | $4K | $239 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 790.02 | +0.063% | $854K | $3.2M | 30x | as long as short |
| gTrade (Gains Network) BNB/USDshort | L +0.0008% / S −0.0007% | 1h | 788.35 | −0.149% | $9.6M | — | 150x | |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +1.972% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0034% | 8h | 788.45 | −0.136% | $6.2M | $18.7M | 200x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0048% | 1h | 789.66 | +0.018% | $619K | $1.8M | 50x | as long as short |
| BingX BNB-USDT | +0.0053% | 8h | 787.93 | −0.202% | — | $34.5M | — | as long as short |
| Phemex BNBUSDT | +0.0060% | 8h | 788.87 | −0.083% | $69.0M | $50.8M | 50x | as long as short |
| Variational Omni BNB | +0.0062% | 8h | 789.21 | −0.039% | $4.1M | $4.8M | — | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
StandX BNB-USD
Injective BNB/USDC PERP
Aster BNBUSDT
Coinbase International BNB-PERP-INTX
BingX BNB-USDT
Phemex BNBUSDT
Variational Omni BNBShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BNB_USDT | +0.0068% | 8h | 788.40 | −0.142% | $80.3M | $12.3M | 200x | as long as short |
| Binance BNBUSDT | +0.0069% | 8h | 788.18 | −0.170% | $493.5M | $810.6M | 75x | as long as short |
| Gate BNB_USDT | +0.0074% | 8h | 787.80 | −0.218% | $35.3M | $56.1M | 75x | as long as short |
| Phoenix BNB | +0.0088% | 1h | 789.72 | +0.025% | $170K | $34K | 10x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0091% | 1h | 788.34 | −0.149% | $2.5M | $1.2M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 787.95 | −0.199% | $2.7M | $3.9M | 20x | as long as short |
| GRVT BNB_USDT_Perp | +0.0098% | 8h | 790.16 | +0.081% | $2.9M | $28.4M | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 788.37 | −0.146% | $381K | $380K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 788.95 | −0.072% | $1.5M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 788.35 | −0.148% | $51.7M | $18.7M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 787.90 | −0.205% | $1.2M | $909K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 787.60 | −0.243% | $138.6M | $79.2M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 787.50 | −0.256% | $53.2M | $112.3M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 787.90 | −0.205% | $52K | $135K | 10x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 787.45 | −0.262% | $27.8M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 787.27 | −0.285% | $77.0M | $29.9M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 788.60 | −0.117% | $2.2M | $6.1M | 40x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 789.88 | +0.046% | $4.1M | $77.4M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 789.88 | +0.045% | $159K | $438K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 788.44 | −0.137% | $137K | $946K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 788.61 | −0.115% | $31K | $9K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 789.08 | −0.056% | $12K | $1.6M | 50x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 788.93 | −0.074% | $8.1M | $9.0M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0102% | 8h | 788.39 | −0.143% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 787.47 | −0.260% | $1.8M | $5.9M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 788.43 | −0.138% | $379K | $110K | 10x | as long as short |
| SoDEX BNB-USD | +0.0130% | 1h | 788.50 | −0.129% | $388K | $1.0M | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0176% | 8h | 789.20 | −0.041% | $91K | $2.8M | 4.8x | as long as short |
| Bulk BNB-USD | +0.0298% | 1h | 789.80 | +0.035% | $640K | $13K | 10x | as long as short |
| dYdX BNB-USD | +0.0309% | 1h | 788.17 | −0.172% | $159K | $64K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0328% | 1h | 788.21 | −0.166% | $6K | $3K | 40x | as long as short |
| 01 Exchange BNBUSD | +0.0344% | 1h | 789.47 | −0.007% | $28K | $4K | 10x | as long as short |
| RISEx BNB/USDC | +0.0361% | 1h | 789.04 | −0.061% | $1.1M | $1.1M | 20x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0400% | 1h | 788.94 | −0.074% | $1.5M | $160K | 25x | as long as short |
| Hibachi BNB/USDT-Plong | +0.0528% | 1h | 789.52 | long leg | $67K | $39K | 12x |
MEXC BNB_USDT
Binance BNBUSDT
Gate BNB_USDT
Phoenix BNB
Kraken Futures PF_BNBUSD
Lighter BNB
GRVT BNB_USDT_Perp
Orderly PERP_BNB_USDC
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
SoDEX BNB-USD
Kalshi KXBNBPERP
Bulk BNB-USD
dYdX BNB-USD
Reya BNBRUSDPERP
01 Exchange BNBUSD
RISEx BNB/USDC
Deribit BNB_USDC-PERPETUAL