Funding you earn now, next payment 01:00 UTC−0.0045%/8h= −4.9% APRnext payment −$0.06 per $10,000 · paid last 24h −0.059%
Price spread now: RISEx against Hibachi−0.082%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 −$1 a day on $10k at the current rate, and RISEx is 0.082% cheaper against Hibachi than usual: you would sell low and buy high (−$8 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 | 799.61 | 0.0200 | pay 0.0025% / 1h | 26m 45s | $69K | $38K | 12x |
| Short | RISEx BNB/USDC | 798.96 | 0.0155 | get 0.0019% / 1h | 26m 45s | $1.1M | $1.4M | 20x |
Hibachi BNB/USDT-P
RISEx BNB/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- −$9.48
- Price spread: −0.082% → 0.000%
- −$8.22
- Slippage, 4 orders
- no order book: not counted
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$32.7
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Hibachi: no order-book sample; RISEx: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Hibachi no order-book sample | — | — | — | — | — |
| Sell RISEx live order book, 2 min ago | 1.31 bp | 4.3 bp −$4 | 11.2 bp −$112 | 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 −0.0159% / S +0.0334% | 1h | 798.72 | −0.111% | $47K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0121% | 1h | 798.69 | −0.115% | $2.5M | $1.0M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 799.51 | −0.013% | $4K | $239 | 25x | as long as short |
| BingX BNB-USDC | −0.0028% | 8h | 799.22 | −0.049% | — | $13.3M | — | as long as short |
| Bybit BNBUSDT | −0.0009% | 8h | 799.20 | −0.052% | $138.9M | $75.5M | 75x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 799.48 | −0.017% | $3.0M | $27.5M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 799.70 | +0.011% | $864K | $2.9M | 30x | as long as short |
| Gate BNB_USDT | +0.0001% | 8h | 798.70 | −0.114% | $35.8M | $56.4M | 75x | as long as short |
| Variational Omni BNB | +0.0003% | 8h | 798.43 | −0.148% | $4.1M | $5.2M | — | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 798.83 | −0.098% | $9.7M | — | 150x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Hotstuff BNB-PERP
BingX BNB-USDC
Bybit BNBUSDT
GRVT BNB_USDT_Perp
StandX BNB-USD
Gate BNB_USDT
Variational Omni BNB
gTrade (Gains Network) BNB/USDShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex BNBUSDT | +0.0020% | 8h | 799.44 | −0.022% | $69.8M | $50.2M | 50x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +0.685% | $19K | $789K | 30x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0048% | 1h | 799.12 | −0.062% | $615K | $1.1M | 50x | as long as short |
| Aster BNBUSDT | +0.0060% | 8h | 799.46 | −0.019% | $6.2M | $19.2M | 200x | as long as short |
| MEXC BNB_USDT | +0.0081% | 8h | 800.40 | +0.099% | $83.2M | $13.6M | 200x | as long as short |
| Binance BNBUSDT | +0.0081% | 8h | 799.96 | +0.044% | $496.4M | $809.6M | 75x | as long as short |
| Lighter BNB | +0.0096% | 1h | 799.60 | −0.002% | $2.8M | $4.0M | 20x | as long as short |
| Phoenix BNB | +0.0099% | 1h | 798.91 | −0.088% | $172K | $36K | 10x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 798.61 | −0.126% | $1.5M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 799.65 | +0.005% | $1.2M | $924K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 799.40 | −0.027% | $54.3M | $111.1M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 799.20 | −0.052% | $53K | $133K | 10x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 799.35 | −0.033% | $27.9M | $10.1M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 798.90 | −0.089% | $78.8M | $27.8M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 798.99 | −0.077% | $4.2M | $76.2M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 798.82 | −0.099% | $161K | $436K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 798.89 | −0.090% | $117K | $878K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 798.74 | −0.109% | $386K | $458K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 798.85 | −0.095% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 799.26 | −0.044% | $13K | $1.6M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 798.90 | −0.089% | $393K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 798.70 | −0.115% | $8.2M | $8.3M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 800.29 | +0.084% | $78K | $18K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 798.43 | −0.148% | $1.8M | $6.3M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 798.73 | −0.110% | $384K | $110K | 10x | as long as short |
| Bulk BNB-USD | +0.0127% | 1h | 799.28 | −0.042% | $649K | $10K | 10x | as long as short |
| RISEx BNB/USDCshort | +0.0155% | 1h | 798.96 | −0.082% | $1.1M | $1.4M | 20x | |
| Kalshi KXBNBPERP | +0.0155% | 8h | 799.40 | −0.027% | $90K | $2.8M | 4.8x | as long as short |
| Hibachi BNB/USDT-Plong | +0.0200% | 1h | 799.61 | long leg | $69K | $38K | 12x | |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 799.17 | −0.055% | $1.6M | $161K | 25x | as long as short |
| BloFin BNB-USDT | +0.0201% | 8h | 799.28 | −0.042% | $18.1M | $2.6M | 75x | as long as short |
| 01 Exchange BNBUSD | +0.0208% | 1h | 799.57 | −0.005% | $28K | $1K | 10x | as long as short |
| dYdX BNB-USD | +0.0225% | 1h | 799.33 | −0.036% | $161K | $63K | 10x | as long as short |
| Hyperliquid BNB | +0.0307% | 1h | 799.98 | +0.046% | $53.2M | $20.7M | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0330% | 1h | 798.56 | −0.131% | $6K | $3K | 40x | as long as short |
| Backpack BNB_USDC_PERP | +0.0392% | 1h | 799.50 | −0.014% | $2.7M | $5.7M | 40x | as long as short |
Phemex BNBUSDT
Injective BNB/USDC PERP
Coinbase International BNB-PERP-INTX
Aster BNBUSDT
MEXC BNB_USDT
Binance BNBUSDT
Lighter BNB
Phoenix BNB
Nado BNB-PERP
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
KuCoin BNBUSDTM
Bitget BNBUSDT
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
Bulk BNB-USD
Kalshi KXBNBPERP
Deribit BNB_USDC-PERPETUAL
BloFin BNB-USDT
01 Exchange BNBUSD
dYdX BNB-USD
Hyperliquid BNB
Reya BNBRUSDPERP
Backpack BNB_USDC_PERP