Funding you earn now, next payment 05:00 UTC+0.0316%/8h= +34.6% APRpaid last 24h +0.081%
Price spread now: Hibachi against Bybit+0.054%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.579%+$58 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Hibachi is 0.054% dearer against Bybit 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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BNBUSDT | 787.30 | 0.0100 | pay 0.0100% / 8h | 3h 17m | $138.5M | $73.9M | 75x |
| Short | Hibachi BNB/USDT-P | 787.73 | 0.0416 | get 0.0052% / 1h | 17m 13s | $67K | $39K | 12x |
Bybit BNBUSDT
Hibachi BNB/USDT-PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $66.36
- Price spread: +0.054% → 0.000%
- $5.45
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- $51.81
- Costs to cover
- 0.200%
- Break-even
- 1.5 days
Slippage unknown: Bybit: live order book, 2 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 Bybit live order book, 2 min ago | 0.63 bp | 6.3 bp −$6 | 8.5 bp −$85 | 25.1 bp −$2,505 | 162.6 bp −$81.3K |
| 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 −0.0192% / S +0.0356% | 1h | 787.61 | +0.039% | $46K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0124% | 1h | 787.73 | +0.055% | $2.5M | $1.2M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 787.97 | +0.085% | $4K | $42 | 25x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 788.20 | +0.114% | $126K | $2.7M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 788.04 | +0.094% | $850K | $3.1M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 787.68 | +0.048% | $9.5M | — | 150x | as long as short |
| Aster BNBUSDT | +0.0030% | 8h | 788.25 | +0.120% | $6.1M | $18.8M | 200x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.260% | $19K | $789K | 30x | as long as short |
| BingX BNB-USDT | +0.0034% | 8h | 787.83 | +0.067% | — | $22.3M | — | as long as short |
| MEXC BNB_USDT | +0.0042% | 8h | 788.30 | +0.127% | $79.9M | $12.0M | 200x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Hotstuff BNB-PERP
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Aster BNBUSDT
Injective BNB/USDC PERP
BingX BNB-USDT
MEXC BNB_USDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNBUSDT | +0.0042% | 8h | 787.89 | +0.075% | $491.2M | $801.4M | 75x | as long as short |
| Phemex BNBUSDT | +0.0043% | 8h | 788.00 | +0.089% | $68.9M | $50.6M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0072% | 1h | 787.19 | −0.014% | $588K | $1.9M | 50x | as long as short |
| dYdX BNB-USD | +0.0089% | 1h | 787.91 | +0.077% | $159K | $63K | 10x | as long as short |
| Phoenix BNB | +0.0092% | 1h | 787.84 | +0.069% | $169K | $35K | 10x | as long as short |
| Lighter BNB | +0.0096% | 1h | 787.83 | +0.067% | $2.7M | $3.9M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 787.72 | +0.053% | $265K | $492K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 787.55 | +0.032% | $1.5M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 788.18 | +0.112% | $51.7M | $17.4M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 787.98 | +0.086% | $1.2M | $934K | 20x | as long as short |
| Bybit BNBUSDTlong | +0.0100% | 8h | 787.30 | long leg | $138.5M | $73.9M | 75x | |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 787.20 | −0.013% | $53.4M | $111.6M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 787.80 | +0.064% | $52K | $133K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 787.55 | +0.032% | $36.0M | $58.0M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 787.43 | +0.017% | $27.6M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 787.28 | −0.003% | $76.2M | $30.6M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 788.08 | +0.099% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 787.41 | +0.014% | $4.1M | $4.8M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 788.05 | +0.095% | $4.1M | $74.2M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 787.89 | +0.075% | $159K | $442K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 787.52 | +0.028% | $132K | $955K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 787.74 | +0.056% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 788.20 | +0.115% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 787.90 | +0.076% | $387K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 787.63 | +0.041% | $8.1M | $9.7M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 788.03 | +0.093% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 787.33 | +0.004% | $1.8M | $6.3M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 787.70 | +0.051% | $378K | $110K | 10x | as long as short |
| BloFin BNB-USDT | +0.0162% | 8h | 788.00 | +0.089% | $17.7M | $2.2M | 75x | as long as short |
| GRVT BNB_USDT_Perp | +0.0175% | 8h | 788.39 | +0.138% | $2.9M | $28.6M | 10x | as long as short |
| Bulk BNB-USD | +0.0193% | 1h | 788.28 | +0.125% | $638K | $10K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0240% | 1h | 788.25 | +0.121% | $28K | $4K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 788.11 | +0.102% | $1.5M | $143K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0324% | 1h | 787.40 | +0.013% | $6K | $3K | 40x | as long as short |
| Hibachi BNB/USDT-Pshort | +0.0416% | 1h | 787.73 | +0.054% | $67K | $39K | 12x | |
| RISEx BNB/USDC | +0.0431% | 1h | 787.94 | +0.081% | $1.1M | $893K | 20x | as long as short |
Binance BNBUSDT
Phemex BNBUSDT
Coinbase International BNB-PERP-INTX
dYdX BNB-USD
Phoenix BNB
Lighter BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
BloFin BNB-USDT
GRVT BNB_USDT_Perp
Bulk BNB-USD
01 Exchange BNBUSD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
RISEx BNB/USDC