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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0140%/8h= +15.3% APRpaid last 24h +0.082%
Price spread now: Hibachi against SunX−0.112%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+0.431%+$43 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHibachi: Active · farm boardneeds both histories
Funding pays, the price is against you. Hibachi is 0.112% cheaper against SunX than usual: you would sell low and buy high (spread −0.112% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 2.7 days of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BNB-USDT806.520.0100pay 0.0100% / 8h2h 24m$13K$1.7M50x
ShortHibachi BNB/USDT-P805.610.0240get 0.0030% / 1h24m 13s$71K$48K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against SunX. 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
$29.4
Price spread: −0.112% → 0.000%
−$11.24
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
$1.16
Costs to cover
0.170%
Break-even
6.7 days
Slippage unknown: SunX: live order book, 11 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 SunX live order book, 11 min ago15.06 bp21.6 bp −$2229.4 bp −$294doesn'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 −0.0195% / S +0.0371%1h805.95−0.070%$49K200xas long as short
Hotstuff BNB-PERP−0.0080%1h806.49−0.003%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h805.40−0.138%$3.0M$29.4M10xas long as short
Kalshi KXBNBPERP0.0000%8h806.30−0.027%$112K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h805.57−0.117%$871K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h805.96−0.069%$9.8M150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h806.21−0.038%$2.5M$908K50xas long as short
Variational Omni BNB+0.0048%8h805.22−0.160%$4.0M$5.4Mas long as short
BingX BNB-USDC+0.0052%8h806.10−0.052%$13.3Mas long as short
Bybit BNBUSDT+0.0077%8h805.65−0.107%$139.7M$82.5M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0088%1h804.80−0.213%$609K$879K50xas long as short
Aster BNBUSDT+0.0094%8h806.66+0.018%$6.4M$18.8M200xas long as short
Lighter BNB+0.0096%1h806.29−0.028%$2.8M$4.2M20xas long as short
Nado BNB-PERP+0.0100%1h805.76−0.093%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h806.27−0.030%$1.2M$923K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h805.90−0.076%$55.2M$115.8M50xas long as short
Arcus BNB-USD+0.0100%1h806.30−0.027%$53K$168K10xas long as short
Gate BNB_USDT+0.0100%8h805.85−0.083%$36.0M$58.6M75xas long as short
KuCoin BNBUSDTM+0.0100%8h805.90−0.076%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h805.78−0.091%$79.3M$24.5M75xas long as short
edgeX BNBUSDC+0.0100%4h805.49−0.128%$4.2M$76.8M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h805.60−0.114%$159K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h805.83−0.085%$119K$868K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h806.06−0.057%$389K$593K50xas long as short
Derive BNB-PERP+0.0100%1h806.22−0.037%$32K$5K10xas long as short
SunX BNB-USDTlong+0.0100%8h806.52long leg$13K$1.7M50x
HTX BNB-USDT+0.0100%8h805.60−0.113%$8.2M$7.5M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h806.71+0.024%$79K$19K50xas long as short
Extended BNB-USD+0.0104%1h805.71−0.100%$1.9M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h806.18−0.042%$387K$40K10xas long as short
MEXC BNB_USDT+0.0110%8h806.90+0.048%$84.7M$13.6M200xas long as short
Binance BNBUSDT+0.0111%8h806.80+0.035%$521.0M$804.3M75xas long as short
Phoenix BNB+0.0125%1h805.78−0.091%$173K$35K10xas long as short
Phemex BNBUSDT+0.0126%8h806.68+0.020%$70.4M$51.8M50xas long as short
Hyperliquid BNB+0.0177%1h806.75+0.029%$51.8M$21.3M10xas long as short
Bulk BNB-USD+0.0197%1h804.34−0.270%$650K$11K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h806.60+0.010%$1.6M$165K25xas long as short
SoDEX BNB-USD+0.0200%1h806.10−0.052%$396K$1.0M10xas long as short
RISEx BNB/USDC+0.0209%1h806.34−0.022%$1.1M$1.5M20xas long as short
BloFin BNB-USDT+0.0230%8h806.35−0.021%$18.8M$3.1M75xas long as short
Hibachi BNB/USDT-Pshort+0.0240%1h805.61−0.112%$71K$48K12x
dYdX BNB-USD+0.0261%1h805.64−0.109%$170K$55K10xas long as short
Reya BNBRUSDPERP+0.0334%1h805.67−0.105%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0336%1h807.03+0.064%$29K$1K10xas long as short
Injective BNB/USDC PERP+0.0353%1h804.89−0.202%$19K$627K30xas long as short
Backpack BNB_USDC_PERP+0.0654%1h807.02+0.062%$3.0M$5.5M40xas long as short