Funding you earn now, next payment 11:00 UTC−0.0196%/8h= −21.5% APRpaid last 24h −0.073%
Price spread now: Bitget against Hibachi−0.077%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.532%−$53 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Bitget is 0.077% cheaper against Hibachi than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hibachi BNB/USDT-P | 787.45 | 0.0296 | pay 0.0037% / 1h | 5m 30s | $67K | $37K | 12x |
| Short | Bitget BNBUSDT | 786.84 | 0.0100 | get 0.0100% / 8h | 5h 05m | $75.8M | $30.7M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Hibachi. 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
- −$41.16
- Price spread: −0.077% → 0.000%
- −$7.69
- Slippage, 4 orders
- no order book: not counted
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$69.85
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Hibachi: no order-book sample; Bitget: live order book, 2 min ago. 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 Hibachi no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 2 min ago | 0.06 bp | 6.7 bp −$7 | 9.7 bp −$97 | 16.6 bp −$1,658 | doesn't fit |
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 exchanges
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 −0.0166% / S +0.0336% | 1h | 787.43 | −0.002% | $43K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0085% | 1h | 787.36 | −0.011% | $2.7M | $1.4M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 787.94 | +0.063% | $4K | — | 25x | as long as short |
| Bybit BNBUSDT | −0.0036% | 8h | 786.90 | −0.069% | $138.6M | $65.5M | 75x | as long as short |
| BingX BNB-USDT | −0.0030% | 8h | 787.30 | −0.018% | — | $50.3M | — | as long as short |
| Aster BNBUSDT | 0.0000% | 8h | 787.82 | +0.048% | $6.0M | $16.8M | 200x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 787.51 | +0.008% | $2.9M | $26.4M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 787.90 | +0.058% | $155K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 787.99 | +0.069% | $850K | $3.0M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 787.25 | −0.025% | $9.5M | — | 150x | as long as short |
Show all 46 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BNB_USDT | +0.0011% | 8h | 788.70 | +0.159% | $83.5M | $11.9M | 200x | as long as short |
| Binance BNBUSDT | +0.0011% | 8h | 787.78 | +0.042% | $480.9M | $756.0M | 75x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.241% | $19K | $789K | 30x | as long as short |
| BloFin BNB-USDT | +0.0044% | 8h | 787.75 | +0.039% | $18.5M | $2.2M | 75x | as long as short |
| Phemex BNBUSDT | +0.0086% | 8h | 787.99 | +0.069% | $68.4M | $50.5M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 787.29 | −0.020% | $2.7M | $3.4M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 786.96 | −0.061% | $1.4M | $2.3M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 787.79 | +0.044% | $51.9M | $16.8M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 787.45 | +0.001% | $1.2M | $930K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 787.10 | −0.044% | $53.4M | $101.1M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 787.50 | +0.007% | $57K | $124K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 787.20 | −0.031% | $42.1M | $54.4M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 787.00 | −0.057% | $28.1M | $9.6M | 75x | as long as short |
| Bitget BNBUSDTshort | +0.0100% | 8h | 786.84 | −0.077% | $75.8M | $30.7M | 75x | |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 787.79 | +0.044% | $2.2M | $6.0M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 786.74 | −0.089% | $4.3M | $4.4M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 787.53 | +0.011% | $4.1M | $71.2M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 787.35 | −0.012% | $158K | $459K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 787.08 | −0.046% | $128K | $905K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 787.48 | +0.004% | $264K | $297K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 787.20 | −0.031% | $31K | $10K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 788.04 | +0.075% | $12K | $1.3M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 787.60 | +0.020% | $387K | $926K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 787.70 | +0.032% | $8.0M | $9.9M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 787.69 | +0.031% | $78K | $1.3M | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 786.73 | −0.091% | $1.8M | $5.5M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 787.35 | −0.012% | $378K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0120% | 1h | 787.58 | +0.017% | $158K | $45K | 10x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0120% | 1h | 787.64 | +0.025% | $545K | $1.9M | 50x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 787.81 | +0.047% | $1.5M | $126K | 25x | as long as short |
| 01 Exchange BNBUSD | +0.0224% | 1h | 787.79 | +0.044% | $28K | $3K | 10x | as long as short |
| Bulk BNB-USD | +0.0291% | 1h | 788.00 | +0.071% | $638K | $10K | 10x | as long as short |
| Hibachi BNB/USDT-Plong | +0.0296% | 1h | 787.45 | long leg | $67K | $37K | 12x | |
| Reya BNBRUSDPERP | +0.0316% | 1h | 787.01 | −0.055% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0393% | 1h | 787.38 | −0.008% | $1.1M | $888K | 20x | as long as short |
| dYdX BNB-USD | +0.0892% | 1h | 786.85 | −0.075% | $158K | $34K | 10x | as long as short |
Bitget BNBUSDT
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Bybit BNBUSDT
BingX BNB-USDT
Aster BNBUSDT
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
MEXC BNB_USDT
Binance BNBUSDT
Injective BNB/USDC PERP
BloFin BNB-USDT
Phemex BNBUSDT
Lighter BNB
Hyperliquid BNB
Pacifica BNB
OKX BNB-USDT-SWAP
Gate BNB_USDT
KuCoin BNBUSDTM
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
Phoenix BNB
Coinbase International BNB-PERP-INTX
Deribit BNB_USDC-PERPETUAL
01 Exchange BNBUSD
Bulk BNB-USD
RISEx BNB/USDC