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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0416%/8h= +45.6% APRnext payment +$0.52 per $10,000 · paid last 24h +0.102%
Price spread now: Hibachi against StandX−0.065%7-day average · you buy dearer than you sell
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 7 days+0.675%+$67 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropStandX: Active · Hibachi: Active · farm boardneeds both histories
Funding pays, the price is against you. Hibachi is 0.065% cheaper against StandX than usual: you would sell low and buy high (spread −0.065% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 12 hours of funding at the current rate (+$12 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX BNB-USD789.010get 0.0000% / 1h29m 21s$851K$3.1M30x
ShortHibachi BNB/USDT-P788.500.0416get 0.0052% / 1h29m 21s$67K$39K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against StandX. 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
$87.36
Price spread: −0.065% → 0.000%
−$6.47
Slippage, 4 orders
no order book: not counted
Fee StandX: 4 bp × 2 orders
−$8
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
$63.89
Costs to cover
0.170%
Break-even
1.9 days
Slippage unknown: StandX: live order book, 5 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 StandX live order book, 5 min ago5.70 bp12.9 bp −$1315.9 bp −$159doesn'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 −0.0192% / S +0.0356%1h787.94−0.135%$46K200xas long as short
Kraken Futures PF_BNBUSD−0.0124%1h788.24−0.098%$2.5M$1.2M50xas long as short
Hotstuff BNB-PERP−0.0080%1h788.73−0.035%$4K$4225xas long as short
StandX BNB-USDlong0.0000%1h789.01long leg$851K$3.1M30x
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h787.96−0.133%$9.5M150xas long as short
Aster BNBUSDT+0.0028%8h788.54−0.059%$6.1M$18.8M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.038%$19K$789K30xas long as short
BingX BNB-USDC+0.0040%8h788.19−0.104%$13.4Mas long as short
Binance BNBUSDT+0.0047%8h788.53−0.061%$491.8M$798.8M75xas long as short
MEXC BNB_USDT+0.0048%8h788.90−0.014%$80.0M$12.0M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0050%8h788.79−0.028%$69.0M$50.6M50xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h790.26+0.158%$580K$1.9M50xas long as short
Phoenix BNB+0.0092%1h788.66−0.044%$169K$35K10xas long as short
Lighter BNB+0.0096%1h788.20−0.102%$2.7M$3.8M20xas long as short
dYdX BNB-USD+0.0096%1h788.56−0.057%$160K$64K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h788.01−0.127%$265K$492K50xas long as short
Nado BNB-PERP+0.0100%1h787.95−0.134%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h788.63−0.048%$51.7M$17.5M10xas long as short
Pacifica BNB+0.0100%1h788.28−0.093%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h788.00−0.128%$138.6M$73.8M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h787.80−0.153%$53.5M$111.6M50xas long as short
Arcus BNB-USD+0.0100%1h788.30−0.090%$52K$133K10xas long as short
Gate BNB_USDT+0.0100%8h787.95−0.134%$35.8M$57.5M75xas long as short
KuCoin BNBUSDTM+0.0100%8h787.72−0.163%$27.6M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h787.67−0.170%$76.3M$30.5M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h788.55−0.058%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h788.21−0.101%$4.1M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h788.67−0.043%$4.1M$73.9M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h788.63−0.048%$159K$442K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h787.88−0.143%$130K$953K10xas long as short
Derive BNB-PERP+0.0100%1h788.09−0.116%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h788.81−0.025%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h788.40−0.077%$388K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h788.30−0.090%$8.1M$9.6M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h788.43−0.074%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h787.73−0.163%$1.9M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h787.96−0.133%$379K$110K10xas long as short
Kalshi KXBNBPERP+0.0124%8h789.10+0.011%$126K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0169%8h788.97−0.005%$18.1M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0174%8h789.03+0.003%$2.9M$28.7M10xas long as short
Bulk BNB-USD+0.0219%1h788.52−0.062%$639K$9K10xas long as short
01 Exchange BNBUSD+0.0240%1h788.51−0.063%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h788.46−0.070%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0325%1h787.74−0.162%$6K$3K40xas long as short
Hibachi BNB/USDT-Pshort+0.0416%1h788.50−0.065%$67K$39K12x
RISEx BNB/USDC+0.0431%1h788.35−0.084%$1.1M$893K20xas long as short