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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0116%/8h= −12.7% APRpaid last 24h −0.082%
Price spread now: HTX against Hibachi−0.034%7-day average · you buy dearer than you sell
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−0.433%−$43 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHibachi: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and HTX is 0.034% cheaper against Hibachi than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHibachi BNB/USDT-P799.270.0216pay 0.0027% / 1h6m 41s$71K$48K12x
ShortHTX BNB-USDT798.990.0100get 0.0100% / 8h1h 06m$8.2M$7.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$24.36
Price spread: −0.034% → 0.000%
−$3.43
Slippage, 4 orders
no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders
−$9
Fee HTX: 6 bp × 2 orders
−$12
Net
−$48.79
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Hibachi: no order-book sample; HTX: live order book, 2 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 HTX live order book, 2 min ago0.79 bp8.6 bp −$910.9 bp −$10943.9 bp −$4,390doesn'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 −0.0201% / S +0.0372%1h799.09−0.022%$47K200xas long as short
Hotstuff BNB-PERP−0.0080%1h799.59+0.040%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h800.27+0.126%$3.0M$29.0M10xas long as short
StandX BNB-USD0.0000%1h800.56+0.162%$865K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h799.05−0.027%$9.7M150xas long as short
Variational Omni BNB+0.0030%8h799.14−0.016%$4.2M$5.4Mas long as short
BingX BNB-USDC+0.0055%8h799.31+0.005%$13.3Mas long as short
Bybit BNBUSDT+0.0065%8h799.10−0.021%$138.9M$78.7M75xas long as short
Aster BNBUSDT+0.0096%8h799.83+0.070%$6.3M$18.9M200xas long as short
Lighter BNB+0.0096%1h799.66+0.050%$2.8M$4.2M20xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0096%1h799.17−0.012%$605K$994K50xas long as short
Nado BNB-PERP+0.0100%1h798.80−0.058%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h799.61+0.042%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h799.20−0.008%$54.6M$113.6M50xas long as short
Arcus BNB-USD+0.0100%1h799.90+0.079%$53K$151K10xas long as short
Gate BNB_USDT+0.0100%8h798.90−0.046%$35.7M$58.9M75xas long as short
KuCoin BNBUSDTM+0.0100%8h799.23−0.005%$28.0M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h799.29+0.003%$80.7M$26.6M75xas long as short
edgeX BNBUSDC+0.0100%4h800.16+0.112%$4.2M$77.2M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h800.53+0.158%$161K$442K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h799.14−0.016%$121K$872K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h799.07−0.025%$386K$489K50xas long as short
Derive BNB-PERP+0.0100%1h799.18−0.010%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h799.79+0.066%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h799.30+0.004%$393K$1.0M10xas long as short
HTX BNB-USDTshort+0.0100%8h798.99−0.034%$8.2M$7.9M75x
Paradex BNB-USD-PERP+0.0100%8h800.12+0.107%$78K$19K50xas long as short
Kalshi KXBNBPERP+0.0100%8h799.40+0.017%$116K$2.9M4.8xas long as short
Extended BNB-USD+0.0104%1h798.83−0.054%$1.9M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h799.07−0.024%$384K$40K10xas long as short
MEXC BNB_USDT+0.0116%8h800.40+0.142%$83.1M$13.9M200xas long as short
Binance BNBUSDT+0.0117%8h800.01+0.093%$500.4M$818.3M75xas long as short
Phemex BNBUSDT+0.0117%8h799.74+0.059%$69.9M$51.2M50xas long as short
Phoenix BNB+0.0155%1h800.03+0.095%$172K$35K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h799.52+0.032%$1.6M$165K25xas long as short
Kraken Futures PF_BNBUSD+0.0207%1h799.19−0.009%$2.6M$965K50xas long as short
Hibachi BNB/USDT-Plong+0.0216%1h799.27long leg$71K$48K12x
BloFin BNB-USDT+0.0236%8h799.83+0.070%$18.3M$2.5M75xas long as short
Bulk BNB-USD+0.0298%1h800.20+0.117%$650K$21K10xas long as short
Injective BNB/USDC PERP+0.0311%1h805.09+0.729%$19K$789K30xas long as short
Hyperliquid BNB+0.0318%1h799.85+0.073%$51.7M$21.6M10xas long as short
RISEx BNB/USDC+0.0318%1h799.75+0.060%$1.1M$1.4M20xas long as short
01 Exchange BNBUSD+0.0320%1h799.61+0.043%$28K$1K10xas long as short
Reya BNBRUSDPERP+0.0332%1h798.81−0.058%$6K$3K40xas long as short
dYdX BNB-USD+0.0353%1h799.29+0.003%$161K$62K10xas long as short
Backpack BNB_USDC_PERP+0.0567%1h800.06+0.099%$2.7M$5.7M40xas long as short