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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0348%/8h= +38.1% APRpaid last 24h +0.073%
Price spread now: Hibachi against Bitget+0.052%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 7 days+0.515%+$52 on $10k
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 +$10 a day on $10k at the current rate, and Hibachi is 0.052% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BNBUSDT787.330.0100pay 0.0100% / 8h2h 48m$76.2M$30.7M75x
ShortHibachi BNB/USDT-P787.740.0448get 0.0056% / 1h48m 25s$67K$39K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against Bitget. 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
$73.08
Price spread: +0.052% → 0.000%
$5.19
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
$57.27
Costs to cover
0.210%
Break-even
1.5 days
Slippage unknown: Bitget: live order book, 6 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 Bitget live order book, 6 min ago0.06 bp7.5 bp −$810.3 bp −$10313.6 bp −$1,364doesn'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%1h787.49+0.020%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h787.53+0.025%$4K$4225xas long as short
StandX BNB-USD0.0000%1h788.28+0.121%$850K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h787.50+0.022%$9.5M150xas long as short
Aster BNBUSDT+0.0029%8h788.23+0.115%$6.1M$19.0M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.256%$19K$789K30xas long as short
BingX BNB-USDT+0.0039%8h787.84+0.065%$22.1Mas long as short
MEXC BNB_USDT+0.0051%8h788.50+0.149%$79.9M$11.8M200xas long as short
Binance BNBUSDT+0.0051%8h788.21+0.112%$491.0M$804.2M75xas long as short
Phemex BNBUSDT+0.0053%8h787.86+0.067%$68.9M$50.7M50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BNBUSD+0.0069%1h787.29−0.006%$2.5M$1.2M50xas long as short
dYdX BNB-USD+0.0077%1h787.06−0.035%$159K$61K10xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h787.46+0.017%$578K$1.9M50xas long as short
Lighter BNB+0.0096%1h787.61+0.036%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.330.000%$265K$490K50xas long as short
Nado BNB-PERP+0.0100%1h787.65+0.041%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h788.06+0.093%$51.7M$17.4M10xas long as short
Pacifica BNB+0.0100%1h787.74+0.053%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h787.50+0.022%$138.3M$74.2M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h787.60+0.034%$53.5M$111.9M50xas long as short
Arcus BNB-USD+0.0100%1h787.90+0.072%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h787.60+0.034%$36.2M$57.9M75xas long as short
KuCoin BNBUSDTM+0.0100%8h787.50+0.022%$27.6M$10.2M75xas long as short
Bitget BNBUSDTlong+0.0100%8h787.33long leg$76.2M$30.7M75x
Backpack BNB_USDC_PERP+0.0100%1h787.69+0.046%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h787.11−0.028%$4.1M$4.6Mas long as short
edgeX BNBUSDC+0.0100%4h787.81+0.061%$4.1M$74.6M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h787.86+0.067%$159K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h787.57+0.030%$132K$953K10xas long as short
Derive BNB-PERP+0.0100%1h787.50+0.021%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h787.93+0.076%$12K$1.5M50xas long as short
HTX BNB-USDT+0.0100%8h787.13−0.025%$8.1M$9.8M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h787.84+0.064%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h787.34+0.001%$1.8M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h787.37+0.005%$378K$110K10xas long as short
Phoenix BNB+0.0107%1h787.34+0.001%$169K$35K10xas long as short
SoDEX BNB-USD+0.0119%1h787.50+0.022%$387K$997K10xas long as short
Kalshi KXBNBPERP+0.0131%8h787.70+0.047%$122K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0171%8h787.95+0.079%$17.7M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0198%8h788.06+0.092%$2.9M$29.2M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h787.78+0.057%$1.5M$143K25xas long as short
Bulk BNB-USD+0.0260%1h788.17+0.107%$639K$10K10xas long as short
01 Exchange BNBUSD+0.0312%1h788.36+0.131%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0324%1h787.30−0.003%$6K$3K40xas long as short
RISEx BNB/USDC+0.0432%1h788.01+0.087%$1.1M$908K20xas long as short
Hibachi BNB/USDT-Pshort+0.0448%1h787.74+0.052%$67K$39K12x