BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0160%/8h= +17.5% APRnext payment +$0.20 per $10,000 · paid last 24h +0.083%

Price spread now: Hibachi against Lighter−0.011%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on Hibachi

What this pair did over the last

the charts below follow

Funding, last 7 days+0.501%+$50 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · Hibachi: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter BNB	805.09	0.0096	pay 0.0012% / 1h	9m 46s	$2.8M	$4.2M	20x
Short	Hibachi BNB/USDT-P	805.00	0.0256	get 0.0032% / 1h	9m 46s	$71K	$48K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hibachi against Lighter. 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

Position, each leg$Hold fordaysFee LighterbpFee HibachibpOrdersPrice spread, now −0.011%Rate

Funding earned: $33.6
Price spread: −0.011% → 0.000%: −$1.12
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Hibachi: 4.5 bp × 2 orders: −$9
Net: $23.48
Costs to cover: 0.090%
Break-even: 2.1 days

Slippage unknown: Lighter: live order book, 8 min ago; Hibachi: 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 Lighter live order book, 8 min ago	0.62 bp	1.9 bp −$2	5.2 bp −$52	14.6 bp −$1,459	64.6 bp −$32.3K
Sell Hibachi no order-book sample	—	—	—	—	—

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 −0.0195% / S +0.0371%	1h	804.88	−0.026%	$49K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	805.14	+0.006%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	805.48	+0.048%	$3.0M	$29.5M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	805.90	+0.100%	$114K	$2.5M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	804.97	−0.015%	$870K	$2.8M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	805.00	−0.011%	$9.8M	—	150x	as long as short
Kraken Futures PF_BNBUSD	+0.0038%	1h	804.99	−0.012%	$2.5M	$919K	50x	as long as short
Variational Omni BNB	+0.0049%	8h	804.63	−0.058%	$4.1M	$5.4M	—	as long as short
BingX BNB-USDC	+0.0055%	8h	804.89	−0.025%	—	$13.3M	—	as long as short
Bybit BNBUSDT	+0.0080%	8h	804.50	−0.074%	$139.6M	$81.7M	75x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International BNB-PERP-INTX	+0.0088%	1h	805.15	+0.007%	$608K	$881K	50x	as long as short
Lighter BNBlong	+0.0096%	1h	805.09	long leg	$2.8M	$4.2M	20x
Aster BNBUSDT	+0.0098%	8h	805.50	+0.050%	$6.4M	$18.9M	200x	as long as short
Nado BNB-PERP	+0.0100%	1h	804.90	−0.024%	$1.5M	$2.8M	20x	as long as short
Pacifica BNB	+0.0100%	1h	805.50	+0.050%	$1.2M	$924K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	804.60	−0.061%	$55.2M	$116.1M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	805.40	+0.038%	$53K	$170K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	804.65	−0.055%	$36.1M	$59.2M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	804.74	−0.044%	$28.2M	$10.5M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	804.38	−0.089%	$79.0M	$24.8M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	806.79	+0.211%	$4.2M	$77.2M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	806.36	+0.157%	$159K	$437K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	804.96	−0.017%	$116K	$873K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	805.00	−0.012%	$389K	$592K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	804.99	−0.013%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	805.63	+0.067%	$13K	$1.7M	50x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0100%	1h	805.38	+0.036%	$1.6M	$165K	25x	as long as short
HTX BNB-USDT	+0.0100%	8h	805.30	+0.026%	$8.2M	$7.5M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	805.95	+0.107%	$79K	$19K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	804.56	−0.066%	$1.9M	$6.1M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	805.12	+0.003%	$387K	$40K	10x	as long as short
MEXC BNB_USDT	+0.0114%	8h	805.70	+0.075%	$84.6M	$13.7M	200x	as long as short
Binance BNBUSDT	+0.0115%	8h	805.42	+0.041%	$520.6M	$806.1M	75x	as long as short
Phoenix BNB	+0.0125%	1h	805.62	+0.065%	$173K	$35K	10x	as long as short
Phemex BNBUSDT	+0.0134%	8h	805.52	+0.053%	$70.3M	$51.8M	50x	as long as short
SoDEX BNB-USD	+0.0196%	1h	804.90	−0.024%	$396K	$1.0M	10x	as long as short
RISEx BNB/USDC	+0.0209%	1h	805.26	+0.021%	$1.1M	$1.5M	20x	as long as short
Hyperliquid BNB	+0.0210%	1h	805.43	+0.042%	$51.9M	$22.0M	10x	as long as short
BloFin BNB-USDT	+0.0234%	8h	805.45	+0.044%	$18.9M	$3.1M	75x	as long as short
dYdX BNB-USD	+0.0245%	1h	804.86	−0.029%	$170K	$55K	10x	as long as short
Hibachi BNB/USDT-Pshort	+0.0256%	1h	805.00	−0.011%	$71K	$48K	12x
Bulk BNB-USD	+0.0258%	1h	805.37	+0.035%	$651K	$14K	10x	as long as short
Reya BNBRUSDPERP	+0.0334%	1h	804.70	−0.049%	$6K	$3K	40x	as long as short
01 Exchange BNBUSD	+0.0344%	1h	805.87	+0.097%	$29K	$1K	10x	as long as short
Injective BNB/USDC PERP	+0.0353%	1h	804.89	−0.025%	$19K	$627K	30x	as long as short
Backpack BNB_USDC_PERP	+0.0651%	1h	805.87	+0.097%	$3.0M	$5.5M	40x	as long as short