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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0012%/8h= +1.3% APRpaid last 24h −0.084%
Price spread now: Bybit against Hibachi−0.018%7-day average · you buy dearer than you sell
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−0.540%−$54 on $10k
Price spread, last 7 daysno 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: $0 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.540%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHibachi BNB/USDT-P805.460.0072pay 0.0009% / 1h45m 48s$71K$48K12x
ShortBybit BNBUSDT805.320.0084get 0.0084% / 8h1h 45m$139.5M$81.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Hibachi. 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
$2.52
Price spread: −0.018% → 0.000%
−$1.77
Slippage, 4 orders
no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders
−$9
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$19.25
Costs to cover
0.200%
Break-even
60.6 days
Slippage unknown: Hibachi: no order-book sample; Bybit: live order book, 3 min ago. 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 Hibachi no order-book sample
Sell Bybit live order book, 3 min ago0.62 bp8.3 bp −$89.8 bp −$9824.6 bp −$2,457127.1 bp −$63.5K
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 −0.0195% / S +0.0371%1h805.51+0.006%$49K200xas long as short
Hotstuff BNB-PERP−0.0080%1h806.30+0.104%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h805.16−0.038%$3.0M$29.3M10xas long as short
Kalshi KXBNBPERP0.0000%8h806.10+0.079%$108K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h805.84+0.047%$871K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h805.54+0.010%$9.8M150xas long as short
Variational Omni BNB+0.0047%8h804.38−0.134%$4.1M$5.3Mas long as short
BingX BNB-USDT+0.0059%8h805.61+0.018%$34.5Mas long as short
Hibachi BNB/USDT-Plong+0.0072%1h805.46long leg$71K$48K12x
Bybit BNBUSDTshort+0.0084%8h805.32−0.018%$139.5M$81.9M75x
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BNB+0.0096%1h806.03+0.071%$2.8M$4.2M20xas long as short
Coinbase International BNB-PERP-INTX+0.0096%1h805.54+0.010%$608K$882K50xas long as short
Nado BNB-PERP+0.0100%1h805.12−0.043%$1.5M$2.8M20xas long as short
Pacifica BNB+0.0100%1h806.01+0.068%$1.2M$924K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h805.50+0.005%$55.1M$116.1M50xas long as short
Arcus BNB-USD+0.0100%1h805.80+0.042%$53K$170K10xas long as short
Gate BNB_USDT+0.0100%8h805.45−0.002%$36.1M$57.4M75xas long as short
KuCoin BNBUSDTM+0.0100%8h805.56+0.012%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h805.40−0.008%$78.7M$25.0M75xas long as short
edgeX BNBUSDC+0.0100%4h805.44−0.003%$4.2M$76.5M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h805.50+0.005%$162K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h805.38−0.010%$116K$870K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h805.75+0.036%$389K$592K50xas long as short
Derive BNB-PERP+0.0100%1h805.93+0.057%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h806.34+0.108%$13K$1.7M50xas long as short
HTX BNB-USDT+0.0100%8h805.57+0.013%$8.2M$7.6M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h806.44+0.121%$79K$19K50xas long as short
Aster BNBUSDT+0.0104%8h806.12+0.082%$6.4M$18.8M200xas long as short
Extended BNB-USD+0.0104%1h805.03−0.054%$1.9M$6.0M50xas long as short
Aevo BNB-PERP+0.0104%1h806.02+0.069%$387K$40K10xas long as short
MEXC BNB_USDT+0.0119%8h806.70+0.154%$84.7M$13.4M200xas long as short
Binance BNBUSDT+0.0119%8h806.45+0.123%$520.9M$804.3M75xas long as short
Phemex BNBUSDT+0.0132%8h806.33+0.108%$70.4M$51.9M50xas long as short
Phoenix BNB+0.0155%1h805.60+0.017%$173K$35K10xas long as short
Hyperliquid BNB+0.0179%1h806.34+0.109%$51.9M$22.0M10xas long as short
SoDEX BNB-USD+0.0182%1h805.90+0.054%$396K$1.0M10xas long as short
dYdX BNB-USD+0.0200%1h805.84+0.047%$162K$63K10xas long as short
Kraken Futures PF_BNBUSD+0.0205%1h805.81+0.044%$2.5M$929K50xas long as short
BloFin BNB-USDT+0.0238%8h806.34+0.109%$18.8M$3.1M75xas long as short
Bulk BNB-USD+0.0274%1h805.55+0.011%$651K$14K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h806.29+0.102%$1.6M$165K25xas long as short
Injective BNB/USDC PERP+0.0311%1h805.09−0.046%$19K$789K30xas long as short
RISEx BNB/USDC+0.0318%1h805.68+0.027%$1.1M$1.4M20xas long as short
Reya BNBRUSDPERP+0.0333%1h805.17−0.036%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0344%1h806.37+0.113%$29K$1K10xas long as short
Backpack BNB_USDC_PERP+0.0713%1h806.61+0.142%$3.0M$5.5M40xas long as short