Funding you earn now, next payment 08:00 UTC+0.0608%/8h= +66.5% APRnext payment +$0.76 per $10,000 · paid last 24h +0.144%
Price spread now: Hibachi against GMX+0.075%56s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Hibachi is 0.075% dearer against GMX than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX BNB/USD [WBTC.b-USDC] | 784.28 | L −0.0168% / S +0.0337% | get 0.0021% / 1h | 2m 21s | $43K | — | 200x |
| Short | Hibachi BNB/USDT-P | 784.87 | 0.0440 | get 0.0055% / 1h | 2m 21s | $67K | $39K | 12x |
GMX BNB/USD [WBTC.b-USDC]
Hibachi BNB/USDT-PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi against GMX. 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
- $127.61
- Price spread: +0.075% → 0.000%
- $7.5
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- $114.11
- Costs to cover
- 0.210%
- Break-even
- 0.7 days
Slippage unknown: GMX: no order-book sample; 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 GMX no order-book sample | — | — | — | — | — |
| Sell Hibachi no order-book sample | — | — | — | — | — |
GMX and 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]long | L −0.0168% / S +0.0337% | 1h | 784.28 | long leg | $43K | — | 200x | |
| Hotstuff BNB-PERP | −0.0080% | 1h | 784.84 | +0.071% | $4K | $42 | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0050% | 1h | 784.34 | +0.007% | $2.5M | $1.2M | 50x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 785.58 | +0.166% | $847K | $2.7M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 784.34 | +0.008% | $9.5M | — | 150x | as long as short |
| Aster BNBUSDT | +0.0030% | 8h | 784.98 | +0.089% | $5.9M | $18.6M | 200x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.653% | $19K | $789K | 30x | as long as short |
| BingX BNB-USDT | +0.0038% | 8h | 784.53 | +0.032% | — | $22.1M | — | as long as short |
| Binance BNBUSDT | +0.0046% | 8h | 784.87 | +0.075% | $488.2M | $813.4M | 75x | as long as short |
| MEXC BNB_USDT | +0.0047% | 8h | 785.70 | +0.181% | $81.1M | $12.1M | 200x | as long as short |
Hotstuff BNB-PERP
Kraken Futures PF_BNBUSD
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Aster BNBUSDT
Injective BNB/USDC PERP
BingX BNB-USDT
Binance BNBUSDT
MEXC BNB_USDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex BNBUSDT | +0.0082% | 8h | 785.10 | +0.104% | $68.5M | $51.1M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 784.59 | +0.040% | $2.7M | $3.8M | 20x | as long as short |
| Phoenix BNB | +0.0100% | 1h | 785.57 | +0.164% | $158K | $35K | 10x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 784.30 | +0.002% | $1.3M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 785.04 | +0.097% | $51.5M | $17.6M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 784.70 | +0.053% | $1.2M | $937K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 784.30 | +0.002% | $138.0M | $73.7M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 784.30 | +0.002% | $53.3M | $111.4M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 784.60 | +0.041% | $52K | $125K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 784.45 | +0.022% | $38.6M | $58.9M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 784.15 | −0.017% | $27.6M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 784.04 | −0.031% | $75.2M | $32.6M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 784.87 | +0.075% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 784.74 | +0.059% | $4.0M | $4.7M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 785.11 | +0.106% | $4.1M | $76.6M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 785.13 | +0.108% | $158K | $439K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 784.30 | +0.002% | $131K | $942K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 784.42 | +0.018% | $264K | $358K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 784.73 | +0.057% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 784.79 | +0.065% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 784.40 | +0.015% | $386K | $958K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 784.85 | +0.072% | $8.0M | $10.3M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 784.96 | +0.087% | $78K | $17K | 50x | as long as short |
| Kalshi KXBNBPERP | +0.0103% | 8h | 785.00 | +0.092% | $170K | $2.6M | 4.8x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 784.01 | −0.034% | $1.8M | $5.8M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 784.44 | +0.020% | $377K | $110K | 10x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0104% | 1h | 785.15 | +0.111% | $544K | $1.9M | 50x | as long as short |
| dYdX BNB-USD | +0.0127% | 1h | 784.34 | +0.008% | $159K | $62K | 10x | as long as short |
| BloFin BNB-USDT | +0.0167% | 8h | 784.80 | +0.066% | $17.7M | $2.2M | 75x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 784.75 | +0.060% | $1.5M | $141K | 25x | as long as short |
| GRVT BNB_USDT_Perp | +0.0215% | 8h | 785.41 | +0.144% | $2.9M | $27.7M | 10x | as long as short |
| Bulk BNB-USD | +0.0237% | 1h | 785.14 | +0.110% | $636K | $831 | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0248% | 1h | 784.97 | +0.088% | $28K | $4K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0320% | 1h | 783.98 | −0.039% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0350% | 1h | 784.72 | +0.056% | $1.1M | $921K | 20x | as long as short |
| Hibachi BNB/USDT-Pshort | +0.0440% | 1h | 784.87 | +0.075% | $67K | $39K | 12x |
Phemex BNBUSDT
Lighter BNB
Phoenix BNB
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
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
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Kalshi KXBNBPERP
Extended BNB-USD
Aevo BNB-PERP
Coinbase International BNB-PERP-INTX
dYdX BNB-USD
BloFin BNB-USDT
Deribit BNB_USDC-PERPETUAL
GRVT BNB_USDT_Perp
Bulk BNB-USD
01 Exchange BNBUSD
Reya BNBRUSDPERP
RISEx BNB/USDC