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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0373%/8h= +40.8% APRnext payment +$0.47 per $10,000 · paid last 24h +0.059%
Price spread now: Hibachi against RISEx+0.229%7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
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 for this trade now. Funding pays +$11 a day on $10k at the current rate, and Hibachi is 0.229% dearer against RISEx than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx BNB/USDC790.570.0131pay 0.0016% / 1h40m 25s$1.1M$1.3M20x
ShortHibachi BNB/USDT-P792.380.0504get 0.0063% / 1h40m 25s$68K$38K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against RISEx. 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
$78.26
Price spread: +0.229% → 0.000%
$22.88
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
$86.14
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: RISEx: live order book, 3 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
LegHalf-spread$10k$100k$1M$5M
Buy RISEx live order book, 3 min ago0.31 bp3.3 bp −$37.6 bp −$76doesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0167% / S +0.0335%1h790.09−0.060%$46K200xas long as short
Kraken Futures PF_BNBUSD−0.0132%1h791.89+0.167%$2.5M$1.0M50xas long as short
Hotstuff BNB-PERP−0.0080%1h790.94+0.047%$4K$23925xas long as short
Gate BNB_USDT−0.0021%8h790.10−0.059%$35.2M$55.6M75xas long as short
StandX BNB-USD0.0000%1h792.76+0.277%$857K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h790.11−0.058%$9.6M150xas long as short
GRVT BNB_USDT_Perp+0.0011%8h793.23+0.336%$3.0M$28.4M10xas long as short
Variational Omni BNB+0.0016%8h791.83+0.159%$4.1M$5.0Mas long as short
Aster BNBUSDT+0.0030%8h790.87+0.038%$6.1M$19.9M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+1.837%$19K$789K30xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX BNB-USD+0.0041%1h790.38−0.024%$160K$63K10xas long as short
Phemex BNBUSDT+0.0042%8h792.41+0.233%$69.3M$50.4M50xas long as short
BingX BNB-USDC+0.0050%8h790.16−0.052%$13.4Mas long as short
Coinbase International BNB-PERP-INTX+0.0056%1h792.52+0.247%$608K$1.1M50xas long as short
MEXC BNB_USDT+0.0060%8h790.70+0.016%$81.9M$12.7M200xas long as short
Binance BNBUSDT+0.0061%8h790.65+0.011%$491.5M$817.1M75xas long as short
Phoenix BNB+0.0088%1h793.58+0.381%$171K$36K10xas long as short
Lighter BNB+0.0096%1h790.63+0.008%$2.8M$3.9M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h790.44−0.016%$382K$409K50xas long as short
Nado BNB-PERP+0.0100%1h790.10−0.059%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h790.70+0.016%$1.2M$932K20xas long as short
Bybit BNBUSDT+0.0100%8h790.32−0.032%$137.8M$77.3M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h790.30−0.034%$53.0M$111.0M50xas long as short
Arcus BNB-USD+0.0100%1h790.80+0.029%$52K$134K10xas long as short
KuCoin BNBUSDTM+0.0100%8h789.85−0.091%$27.6M$10.0M75xas long as short
Bitget BNBUSDT+0.0100%8h789.68−0.113%$77.0M$28.4M75xas long as short
edgeX BNBUSDC+0.0100%4h793.83+0.412%$4.1M$76.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h794.01+0.435%$160K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h790.02−0.070%$110K$889K10xas long as short
Derive BNB-PERP+0.0100%1h791.98+0.179%$32K$9K10xas long as short
SunX BNB-USDT+0.0100%8h792.51+0.245%$13K$1.6M50xas long as short
SoDEX BNB-USD+0.0100%1h792.10+0.194%$389K$995K10xas long as short
HTX BNB-USDT+0.0100%8h791.77+0.151%$8.1M$8.7M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h790.68+0.014%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h790.36−0.026%$1.7M$6.0M50xas long as short
Aevo BNB-PERP+0.0104%1h790.69+0.015%$380K$110K10xas long as short
Hyperliquid BNB+0.0116%1h790.67+0.013%$52.0M$20.3M10xas long as short
RISEx BNB/USDClong+0.0131%1h790.57long leg$1.1M$1.3M20x
Kalshi KXBNBPERP+0.0162%8h792.60+0.257%$111K$2.8M4.8xas long as short
Bulk BNB-USD+0.0167%1h793.21+0.334%$644K$10K10xas long as short
BloFin BNB-USDT+0.0182%8h794.06+0.441%$18.1M$2.5M75xas long as short
01 Exchange BNBUSD+0.0240%1h791.02+0.057%$28K$2K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h792.32+0.222%$1.6M$161K25xas long as short
Reya BNBRUSDPERP+0.0329%1h789.76−0.102%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0385%1h792.60+0.257%$2.7M$5.7M40xas long as short
Hibachi BNB/USDT-Pshort+0.0504%1h792.38+0.229%$68K$38K12x