Funding you earn now, next payment 03:00 UTC−0.0919%/8h= −100.6% APRnext payment −$1.15 per $10,000 · paid last 24h −0.193%
Price spread now: GMX against Hibachi+0.002%7-day average — · you sell dearer than you buy
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
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$28 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hibachi BNB/USDT-P | 791.61 | 0.0584 | pay 0.0073% / 1h | 10m 45s | $68K | $38K | 12x |
| Short | GMX BNB/USD [WBTC.b-USDC] | 791.63 | L −0.0167% / S +0.0335% | pay 0.0042% / 1h | 10m 45s | $46K | — | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- −$192.89
- Price spread: +0.002% → 0.000%
- $0.23
- Slippage, 4 orders
- no order book: not counted
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$213.66
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Hibachi: no order-book sample; GMX: no order-book sample. 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 GMX no order-book sample | — | — | — | — | — |
Hibachi and GMX: 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]short | L −0.0167% / S +0.0335% | 1h | 791.63 | +0.002% | $46K | — | 200x | |
| Hotstuff BNB-PERP | −0.0080% | 1h | 791.68 | +0.009% | $4K | $239 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 791.83 | +0.028% | $856K | $3.1M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 791.70 | +0.011% | $9.7M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +1.703% | $19K | $789K | 30x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0048% | 1h | 792.03 | +0.053% | $615K | $1.8M | 50x | as long as short |
| Phemex BNBUSDT | +0.0048% | 8h | 792.43 | +0.103% | $69.4M | $50.5M | 50x | as long as short |
| Aster BNBUSDT | +0.0051% | 8h | 792.69 | +0.137% | $6.2M | $18.6M | 200x | as long as short |
| BingX BNB-USDC | +0.0060% | 8h | 791.70 | +0.011% | — | $13.4M | — | as long as short |
| MEXC BNB_USDT | +0.0072% | 8h | 793.00 | +0.175% | $80.6M | $12.5M | 200x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNBUSDT | +0.0072% | 8h | 792.68 | +0.135% | $495.2M | $790.3M | 75x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0091% | 1h | 791.71 | +0.013% | $2.5M | $1.2M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 792.33 | +0.091% | $2.8M | $3.9M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 791.90 | +0.036% | $266K | $498K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 791.25 | −0.046% | $1.4M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 792.65 | +0.131% | $52.0M | $17.7M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 792.36 | +0.095% | $1.2M | $908K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 791.99 | +0.048% | $139.4M | $76.5M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 791.90 | +0.036% | $53.8M | $111.6M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 792.20 | +0.074% | $52K | $130K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 792.10 | +0.062% | $35.5M | $57.3M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 791.96 | +0.044% | $27.8M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 791.79 | +0.023% | $77.1M | $29.8M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 792.32 | +0.089% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 791.10 | −0.065% | $4.1M | $4.6M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 791.77 | +0.020% | $4.1M | $74.5M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 791.88 | +0.034% | $159K | $441K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 791.44 | −0.022% | $134K | $949K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 792.07 | +0.058% | $32K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 792.20 | +0.074% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 792.00 | +0.049% | $389K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 791.78 | +0.022% | $8.1M | $9.2M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0102% | 8h | 792.70 | +0.138% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 791.75 | +0.017% | $1.8M | $5.9M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 791.89 | +0.035% | $380K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0107% | 1h | 791.53 | −0.010% | $170K | $35K | 10x | as long as short |
| GRVT BNB_USDT_Perp | +0.0143% | 8h | 791.96 | +0.044% | $2.9M | $28.0M | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0186% | 8h | 792.20 | +0.074% | $82K | $2.7M | 4.8x | as long as short |
| BloFin BNB-USDT | +0.0192% | 8h | 792.33 | +0.091% | $18.2M | $2.2M | 75x | as long as short |
| dYdX BNB-USD | +0.0195% | 1h | 791.84 | +0.029% | $160K | $63K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0288% | 1h | 792.14 | +0.067% | $28K | $4K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 792.38 | +0.097% | $1.5M | $143K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0327% | 1h | 791.29 | −0.040% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0361% | 1h | 791.89 | +0.036% | $1.1M | $982K | 20x | as long as short |
| Bulk BNB-USD | +0.0366% | 1h | 792.18 | +0.072% | $641K | $9K | 10x | as long as short |
| Hibachi BNB/USDT-Plong | +0.0584% | 1h | 791.61 | long leg | $68K | $38K | 12x |
GMX BNB/USD [WBTC.b-USDC]
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
Coinbase International BNB-PERP-INTX
Phemex BNBUSDT
Aster BNBUSDT
BingX BNB-USDC
MEXC BNB_USDT
Binance BNBUSDT
Kraken Futures PF_BNBUSD
Lighter BNB
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
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
Phoenix BNB
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
BloFin BNB-USDT
01 Exchange BNBUSD
Deribit BNB_USDC-PERPETUAL
RISEx BNB/USDC
Bulk BNB-USD