Funding you earn now, next payment 06:00 UTC+0.0380%/8h= +41.6% APRpaid last 24h +0.073%
Price spread now: Hibachi against Paradex+0.121%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropParadex: Active · Hibachi: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Hibachi is 0.121% dearer against Paradex than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex BNB-USD-PERP | 785.98 | 0.0100 | pay 0.0100% / 8h | 2h 34m | $76K | $17K | 50x |
| Short | Hibachi BNB/USDT-P | 786.93 | 0.0480 | get 0.0060% / 1h | 34m 00s | $67K | $39K | 12x |
Paradex BNB-USD-PERP
Hibachi BNB/USDT-PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi against Paradex. 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
- $79.74
- Price spread: +0.121% → 0.000%
- $12.07
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- $78.81
- Costs to cover
- 0.130%
- Break-even
- 0.1 days
Slippage unknown: Paradex: no order-book sample; 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Hibachi no order-book sample | — | — | — | — | — |
Paradex and 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 −0.0192% / S +0.0356% | 1h | 785.09 | −0.113% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 786.02 | +0.005% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 787.58 | +0.204% | $849K | $3.0M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 785.13 | −0.108% | $9.5M | — | 150x | as long as short |
| Aster BNBUSDT | +0.0030% | 8h | 785.74 | −0.030% | $6.1M | $19.0M | 200x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.432% | $19K | $789K | 30x | as long as short |
| BingX BNB-USDT | +0.0041% | 8h | 785.32 | −0.084% | — | $22.1M | — | as long as short |
| Phemex BNBUSDT | +0.0048% | 8h | 785.61 | −0.047% | $68.7M | $50.7M | 50x | as long as short |
| MEXC BNB_USDT | +0.0052% | 8h | 786.10 | +0.016% | $79.7M | $11.8M | 200x | as long as short |
| Binance BNBUSDT | +0.0053% | 8h | 785.59 | −0.050% | $489.0M | $808.8M | 75x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Aster BNBUSDT
Injective BNB/USDC PERP
BingX BNB-USDT
Phemex BNBUSDT
MEXC BNB_USDT
Binance BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BNBUSD | +0.0069% | 1h | 785.05 | −0.119% | $2.5M | $1.2M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0080% | 1h | 786.23 | +0.032% | $576K | $1.9M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 785.29 | −0.087% | $2.7M | $3.8M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 785.15 | −0.105% | $264K | $490K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 785.40 | −0.073% | $1.4M | $2.7M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 785.73 | −0.032% | $51.6M | $17.5M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 785.92 | −0.007% | $1.2M | $933K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 785.00 | −0.124% | $137.9M | $74.5M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 784.90 | −0.137% | $53.3M | $112.0M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 785.80 | −0.023% | $52K | $129K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 785.15 | −0.105% | $36.3M | $58.4M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 784.82 | −0.147% | $27.5M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 784.60 | −0.175% | $75.9M | $30.7M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 785.75 | −0.029% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 786.03 | +0.006% | $4.0M | $4.9M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 786.25 | +0.035% | $4.1M | $75.0M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 786.54 | +0.072% | $158K | $438K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 785.33 | −0.082% | $131K | $952K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 785.24 | −0.094% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 786.06 | +0.011% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 785.20 | −0.099% | $386K | $994K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 785.33 | −0.082% | $8.0M | $10.0M | 75x | as long as short |
| Paradex BNB-USD-PERPlong | +0.0100% | 8h | 785.98 | long leg | $76K | $17K | 50x | |
| dYdX BNB-USD | +0.0100% | 1h | 785.67 | −0.039% | $159K | $61K | 10x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 784.69 | −0.164% | $1.8M | $6.4M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 785.08 | −0.115% | $377K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0107% | 1h | 786.44 | +0.059% | $169K | $35K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0142% | 8h | 786.10 | +0.016% | $141K | $2.7M | 4.8x | as long as short |
| BloFin BNB-USDT | +0.0173% | 8h | 787.24 | +0.161% | $17.8M | $2.2M | 75x | as long as short |
| GRVT BNB_USDT_Perp | +0.0205% | 8h | 786.66 | +0.087% | $2.9M | $29.3M | 10x | as long as short |
| Bulk BNB-USD | +0.0256% | 1h | 786.23 | +0.032% | $637K | $10K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0288% | 1h | 786.11 | +0.017% | $28K | $4K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 785.46 | −0.065% | $1.5M | $143K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0323% | 1h | 785.26 | −0.091% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0432% | 1h | 785.91 | −0.008% | $1.1M | $909K | 20x | as long as short |
| Hibachi BNB/USDT-Pshort | +0.0480% | 1h | 786.93 | +0.121% | $67K | $39K | 12x |
Kraken Futures PF_BNBUSD
Coinbase International BNB-PERP-INTX
Lighter BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
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
dYdX BNB-USD
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
Kalshi KXBNBPERP
BloFin BNB-USDT
GRVT BNB_USDT_Perp
Bulk BNB-USD
01 Exchange BNBUSD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
RISEx BNB/USDC