Funding you earn now, next payment 09:00 UTC−0.0316%/8h= −34.6% APRpaid last 24h −0.079%
Price spread now: KuCoin against Hibachi−0.020%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.511%−$51 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and KuCoin is 0.020% cheaper against Hibachi than usual: you would sell low and buy high (−$2 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 | 784.31 | 0.0416 | pay 0.0052% / 1h | 28m 09s | $67K | $39K | 12x |
| Short | KuCoin BNBUSDTM | 784.15 | 0.0100 | get 0.0100% / 8h | 7h 28m | $27.7M | $10.2M | 75x |
Hibachi BNB/USDT-P
KuCoin BNBUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$66.36
- Price spread: −0.020% → 0.000%
- −$2.04
- Slippage, 4 orders
- no order book: not counted
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$89.4
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Hibachi: no order-book sample; KuCoin: live order book, 11 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 KuCoin live order book, 11 min ago | 0.45 bp | 13.7 bp −$14 | 21.3 bp −$213 | 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 −0.0166% / S +0.0337% | 1h | 783.90 | −0.052% | $43K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 784.58 | +0.034% | $4K | — | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0021% | 1h | 784.62 | +0.040% | $2.5M | $1.2M | 50x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 784.92 | +0.077% | $3.0M | $27.3M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 784.70 | +0.050% | $846K | $2.7M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 783.88 | −0.056% | $9.4M | — | 150x | as long as short |
| Aster BNBUSDT | +0.0019% | 8h | 784.94 | +0.081% | $5.9M | $18.3M | 200x | as long as short |
| BingX BNB-USDT | +0.0030% | 8h | 784.11 | −0.026% | — | $22.1M | — | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.649% | $19K | $789K | 30x | as long as short |
| MEXC BNB_USDT | +0.0036% | 8h | 786.10 | +0.228% | $82.3M | $12.2M | 200x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
Kraken Futures PF_BNBUSD
GRVT BNB_USDT_Perp
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Aster BNBUSDT
BingX BNB-USDT
Injective BNB/USDC PERP
MEXC BNB_USDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNBUSDT | +0.0036% | 8h | 785.04 | +0.093% | $487.5M | $808.2M | 75x | as long as short |
| Lighter BNB | +0.0096% | 1h | 784.51 | +0.025% | $2.7M | $3.7M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 783.90 | −0.052% | $1.3M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 784.36 | +0.006% | $51.4M | $17.6M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 784.30 | −0.001% | $1.2M | $937K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 784.37 | +0.008% | $138.2M | $73.2M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 784.30 | −0.001% | $53.3M | $110.2M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 784.00 | −0.040% | $52K | $125K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 783.85 | −0.059% | $39.4M | $55.8M | 75x | as long as short |
| KuCoin BNBUSDTMshort | +0.0100% | 8h | 784.15 | −0.020% | $27.7M | $10.2M | 75x | |
| Bitget BNBUSDT | +0.0100% | 8h | 783.86 | −0.057% | $75.2M | $32.4M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 784.79 | +0.061% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 784.02 | −0.037% | $4.2M | $5.0M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 784.76 | +0.058% | $4.1M | $76.3M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 784.99 | +0.087% | $158K | $439K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 783.97 | −0.043% | $131K | $924K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 784.45 | +0.018% | $264K | $358K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 784.27 | −0.006% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 784.38 | +0.009% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 784.50 | +0.024% | $386K | $941K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 784.56 | +0.032% | $8.0M | $10.3M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 784.68 | +0.047% | $78K | $37K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 783.89 | −0.053% | $1.8M | $5.8M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 784.43 | +0.015% | $377K | $110K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0108% | 8h | 784.80 | +0.062% | $159K | $2.6M | 4.8x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0120% | 1h | 785.76 | +0.185% | $547K | $1.9M | 50x | as long as short |
| Phoenix BNB | +0.0120% | 1h | 784.43 | +0.015% | $158K | $38K | 10x | as long as short |
| BloFin BNB-USDT | +0.0146% | 8h | 784.85 | +0.069% | $17.8M | $2.2M | 75x | as long as short |
| dYdX BNB-USD | +0.0159% | 1h | 784.13 | −0.023% | $157K | $65K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 784.80 | +0.062% | $1.5M | $141K | 25x | as long as short |
| Bulk BNB-USD | +0.0200% | 1h | 784.80 | +0.062% | $636K | $630 | 10x | as long as short |
| Phemex BNBUSDT | +0.0229% | 8h | 784.89 | +0.074% | $68.3M | $51.0M | 50x | as long as short |
| 01 Exchange BNBUSD | +0.0232% | 1h | 784.20 | −0.014% | $28K | $3K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0319% | 1h | 783.66 | −0.083% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0355% | 1h | 784.10 | −0.027% | $1.1M | $906K | 20x | as long as short |
| Hibachi BNB/USDT-Plong | +0.0416% | 1h | 784.31 | long leg | $67K | $39K | 12x |
Binance BNBUSDT
Lighter BNB
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Kalshi KXBNBPERP
Coinbase International BNB-PERP-INTX
Phoenix BNB
BloFin BNB-USDT
dYdX BNB-USD
Deribit BNB_USDC-PERPETUAL
Bulk BNB-USD
Phemex BNBUSDT
01 Exchange BNBUSD
Reya BNBRUSDPERP
RISEx BNB/USDC