BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0364%/8h= +39.9% APRnext payment +$0.46 per $10,000 · paid last 24h +0.028%

Price spread now: Hibachi against Backpack−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 Backpack Short on Hibachi

What this pair did over the last

the charts below follow

Funding, last 7 days+0.365%+$36 on $10k

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

Together, before fees—+ Points / potential airdropHibachi: 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: +$11 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack BNB_USDC_PERP	786.69	0.0100	pay 0.0013% / 1h	1m 27s	$2.2M	$6.1M	40x
Short	Hibachi BNB/USDT-P	786.60	0.0464	get 0.0058% / 1h	1m 27s	$67K	$39K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hibachi against Backpack. 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 BackpackbpFee HibachibpOrdersPrice spread, now −0.011%Rate

Funding earned: $76.44
Price spread: −0.011% → 0.000%: −$1.14
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee Hibachi: 4.5 bp × 2 orders: −$9
Net: $56.3
Costs to cover: 0.190%
Break-even: 1.8 days

Slippage unknown: Backpack: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Backpack live order book, 3 min ago	0.06 bp	5.6 bp −$6	8.8 bp −$88	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX BNB/USD [WBTC.b-USDC]	L −0.0170% / S +0.0337%	1h	786.22	−0.060%	$43K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	786.78	+0.011%	$4K	$42	25x	as long as short
StandX BNB-USD	0.0000%	1h	787.83	+0.145%	$850K	$2.7M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	786.35	−0.044%	$9.5M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.339%	$19K	$789K	30x	as long as short
BingX BNB-USDT	+0.0047%	8h	786.51	−0.023%	—	$22.3M	—	as long as short
Aster BNBUSDT	+0.0048%	8h	786.90	+0.026%	$6.1M	$18.8M	200x	as long as short
Binance BNBUSDT	+0.0057%	8h	786.90	+0.027%	$489.1M	$821.2M	75x	as long as short
MEXC BNB_USDT	+0.0058%	8h	787.70	+0.128%	$81.0M	$12.1M	200x	as long as short
dYdX BNB-USD	+0.0064%	1h	786.64	−0.006%	$159K	$62K	10x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex BNBUSDT	+0.0075%	8h	786.92	+0.029%	$68.8M	$51.1M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0080%	1h	787.43	+0.094%	$564K	$1.9M	50x	as long as short
Lighter BNB	+0.0096%	1h	786.50	−0.024%	$2.7M	$3.9M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	786.15	−0.069%	$1.4M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	786.95	+0.033%	$51.5M	$17.7M	10x	as long as short
Pacifica BNB	+0.0100%	1h	786.64	−0.006%	$1.2M	$933K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	786.20	−0.062%	$138.3M	$75.0M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	786.20	−0.062%	$53.5M	$113.1M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	786.60	−0.011%	$52K	$129K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	786.30	−0.050%	$37.9M	$59.6M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	785.98	−0.090%	$27.6M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	786.11	−0.074%	$76.7M	$31.5M	75x	as long as short
Backpack BNB_USDC_PERPlong	+0.0100%	1h	786.69	long leg	$2.2M	$6.1M	40x
Variational Omni BNB	+0.0100%	8h	787.51	+0.105%	$4.0M	$4.8M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	787.27	+0.074%	$4.1M	$76.5M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	787.69	+0.127%	$159K	$438K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	786.26	−0.055%	$131K	$953K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	786.32	−0.047%	$264K	$460K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	787.05	+0.046%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	786.91	+0.028%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	786.40	−0.037%	$387K	$977K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	786.77	+0.011%	$8.0M	$10.2M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	786.87	+0.023%	$78K	$18K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	785.93	−0.097%	$1.8M	$5.9M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	786.31	−0.049%	$378K	$110K	10x	as long as short
Kalshi KXBNBPERP	+0.0117%	8h	786.90	+0.027%	$171K	$2.7M	4.8x	as long as short
Phoenix BNB	+0.0135%	1h	787.76	+0.136%	$169K	$35K	10x	as long as short
BloFin BNB-USDT	+0.0178%	8h	787.12	+0.055%	$17.7M	$2.2M	75x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	786.70	+0.001%	$1.5M	$145K	25x	as long as short
Kraken Futures PF_BNBUSD	+0.0206%	1h	786.23	−0.059%	$2.5M	$1.2M	50x	as long as short
Bulk BNB-USD	+0.0222%	1h	787.85	+0.147%	$639K	$831	10x	as long as short
GRVT BNB_USDT_Perp	+0.0227%	8h	787.38	+0.088%	$2.9M	$28.6M	10x	as long as short
01 Exchange BNBUSD	+0.0248%	1h	786.86	+0.022%	$28K	$4K	10x	as long as short
Reya BNBRUSDPERP	+0.0321%	1h	786.00	−0.087%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0438%	1h	786.64	−0.006%	$1.1M	$915K	20x	as long as short
Hibachi BNB/USDT-Pshort	+0.0464%	1h	786.60	−0.011%	$67K	$39K	12x