BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0464%/8h= −50.8% APRnext payment −$0.58 per $10,000 · paid last 24h −0.083%

Price spread now: Coinbase International against Hibachi+0.023%49s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Hibachi Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.587%−$59 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHibachi: Active · farm boardneeds both histories

The price spread pays, funding is against you. Coinbase International is 0.023% dearer against Hibachi than usual: you sell high and buy low (spread +0.023% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 4 hours. The two prices were read 49 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	Hibachi BNB/USDT-P	786.70	0.0544	pay 0.0068% / 1h	41m 28s	$67K	$39K	12x
Short	Coinbase International BNB-PERP-INTX	786.88	0.0080	get 0.0010% / 1h	41m 28s	$568K	$1.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Hibachi. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HibachibpFee Coinbase InternationalbpOrdersPrice spread, now +0.023%Rate

Funding earned: −$97.44
Price spread: +0.023% → 0.000%: $2.34
Slippage, 4 orders: no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders: −$9
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$114.1
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Hibachi: no order-book sample; Coinbase International: 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 Coinbase International live order book, 2 min ago	2.73 bp	7.7 bp −$8	13.0 bp −$130	doesn't fit	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 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 −0.0170% / S +0.0337%	1h	786.32	−0.048%	$43K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	786.70	+0.001%	$4K	$42	25x	as long as short
StandX BNB-USD	0.0000%	1h	787.13	+0.055%	$849K	$2.8M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	786.34	−0.045%	$9.5M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.338%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0049%	8h	787.08	+0.049%	$6.1M	$18.9M	200x	as long as short
BingX BNB-USDC	+0.0054%	8h	786.51	−0.024%	—	$13.4M	—	as long as short
dYdX BNB-USD	+0.0063%	1h	786.47	−0.029%	$159K	$62K	10x	as long as short
Binance BNBUSDT	+0.0066%	8h	787.01	+0.040%	$490.3M	$816.4M	75x	as long as short
MEXC BNB_USDT	+0.0066%	8h	787.50	+0.102%	$81.0M	$12.0M	200x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex BNBUSDT	+0.0078%	8h	786.89	+0.025%	$68.8M	$50.9M	50x	as long as short
Coinbase International BNB-PERP-INTXshort	+0.0080%	1h	786.88	+0.023%	$568K	$1.9M	50x
Lighter BNB	+0.0096%	1h	786.60	−0.012%	$2.7M	$3.8M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	786.20	−0.063%	$1.4M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	786.64	−0.008%	$1.2M	$933K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	786.29	−0.052%	$138.4M	$75.3M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	786.40	−0.038%	$53.5M	$113.1M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	786.70	+0.001%	$52K	$129K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	786.45	−0.031%	$37.2M	$58.9M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	786.23	−0.059%	$27.6M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	786.25	−0.057%	$76.1M	$31.1M	75x	as long as short
Variational Omni BNB	+0.0100%	8h	785.91	−0.100%	$4.0M	$4.8M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	786.84	+0.018%	$4.1M	$76.1M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	786.27	−0.054%	$158K	$437K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	786.32	−0.048%	$131K	$949K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	786.36	−0.043%	$264K	$470K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	786.58	−0.015%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	787.07	+0.048%	$13K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	786.40	−0.038%	$387K	$984K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	786.38	−0.041%	$8.0M	$10.2M	75x	as long as short
Paradex BNB-USD-PERP	+0.0101%	8h	786.97	+0.034%	$76K	$17K	50x	as long as short
Backpack BNB_USDC_PERP	+0.0102%	1h	786.72	+0.003%	$2.2M	$6.1M	40x	as long as short
Extended BNB-USD	+0.0104%	1h	786.18	−0.066%	$1.8M	$6.1M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	786.40	−0.037%	$378K	$110K	10x	as long as short
Hyperliquid BNB	+0.0109%	1h	786.99	+0.037%	$51.5M	$17.7M	10x	as long as short
Phoenix BNB	+0.0135%	1h	786.77	+0.009%	$169K	$35K	10x	as long as short
Kalshi KXBNBPERP	+0.0140%	8h	786.90	+0.026%	$170K	$2.7M	4.8x	as long as short
BloFin BNB-USDT	+0.0187%	8h	787.15	+0.058%	$17.8M	$2.2M	75x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	786.80	+0.013%	$1.5M	$143K	25x	as long as short
Kraken Futures PF_BNBUSD	+0.0206%	1h	786.25	−0.057%	$2.5M	$1.2M	50x	as long as short
GRVT BNB_USDT_Perp	+0.0229%	8h	787.39	+0.088%	$2.9M	$29.5M	10x	as long as short
01 Exchange BNBUSD	+0.0256%	1h	786.97	+0.035%	$28K	$4K	10x	as long as short
Bulk BNB-USD	+0.0305%	1h	787.08	+0.049%	$638K	$4K	10x	as long as short
Reya BNBRUSDPERP	+0.0322%	1h	786.16	−0.068%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0438%	1h	786.75	+0.007%	$1.1M	$914K	20x	as long as short
Hibachi BNB/USDT-Plong	+0.0544%	1h	786.70	long leg	$67K	$39K	12x