Funding you earn now, next payment 09:00 UTC−0.0308%/8h= −33.7% APRpaid last 24h −0.079%
Price spread now: KuCoin 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−0.511%−$51 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and KuCoin 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 | 785.84 | 0.0408 | pay 0.0051% / 1h | 34m 22s | $67K | $39K | 12x |
| Short | KuCoin BNBUSDTM | 785.23 | 0.0100 | get 0.0100% / 8h | 7h 34m | $27.7M | $10.2M | 75x |
Hibachi BNB/USDT-P
KuCoin BNBUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$64.68
- Price spread: −0.077% → 0.000%
- −$7.73
- Slippage, 4 orders
- no order book: not counted
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$93.41
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Hibachi: no order-book sample; KuCoin: live order book, 5 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 KuCoin live order book, 5 min ago | 0.45 bp | 13.7 bp −$14 | 21.3 bp −$213 | 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 −0.0166% / S +0.0337% | 1h | 785.38 | −0.058% | $43K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 786.37 | +0.068% | $4K | — | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0021% | 1h | 785.34 | −0.063% | $2.5M | $1.2M | 50x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 786.12 | +0.036% | $2.9M | $27.5M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 786.13 | +0.037% | $848K | $2.7M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 785.44 | −0.050% | $9.5M | — | 150x | as long as short |
| Aster BNBUSDT | +0.0022% | 8h | 785.95 | +0.014% | $6.0M | $18.4M | 200x | as long as short |
| BingX BNB-USDT | +0.0032% | 8h | 785.82 | −0.002% | — | $22.2M | — | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.450% | $19K | $789K | 30x | as long as short |
| MEXC BNB_USDT | +0.0038% | 8h | 786.90 | +0.135% | $82.4M | $12.2M | 200x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
Kraken Futures PF_BNBUSD
GRVT BNB_USDT_Perp
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Aster BNBUSDT
BingX BNB-USDT
Injective BNB/USDC PERP
MEXC BNB_USDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNBUSDT | +0.0038% | 8h | 786.10 | +0.034% | $488.7M | $810.9M | 75x | as long as short |
| Lighter BNB | +0.0096% | 1h | 785.60 | −0.031% | $2.7M | $3.6M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 786.00 | +0.021% | $1.4M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 785.99 | +0.019% | $51.6M | $17.6M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 785.65 | −0.024% | $1.2M | $937K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 785.90 | +0.008% | $138.4M | $73.1M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 785.80 | −0.005% | $53.4M | $110.5M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 785.50 | −0.043% | $52K | $125K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 785.55 | −0.037% | $39.4M | $55.7M | 75x | as long as short |
| KuCoin BNBUSDTMshort | +0.0100% | 8h | 785.23 | −0.077% | $27.7M | $10.2M | 75x | |
| Bitget BNBUSDT | +0.0100% | 8h | 785.45 | −0.049% | $75.4M | $32.4M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 785.90 | +0.008% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 785.32 | −0.066% | $4.3M | $4.9M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 785.98 | +0.018% | $4.1M | $76.1M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 786.17 | +0.042% | $158K | $440K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 785.47 | −0.047% | $131K | $942K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 785.96 | +0.016% | $264K | $358K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 785.63 | −0.026% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 785.94 | +0.013% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 785.70 | −0.018% | $386K | $942K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 785.70 | −0.017% | $8.0M | $10.3M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 785.81 | −0.004% | $78K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 785.00 | −0.107% | $1.8M | $5.8M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 785.89 | +0.006% | $378K | $110K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0112% | 8h | 786.00 | +0.021% | $159K | $2.6M | 4.8x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0120% | 1h | 786.59 | +0.096% | $548K | $1.9M | 50x | as long as short |
| Phoenix BNB | +0.0120% | 1h | 786.32 | +0.061% | $158K | $38K | 10x | as long as short |
| dYdX BNB-USD | +0.0141% | 1h | 785.69 | −0.018% | $157K | $64K | 10x | as long as short |
| BloFin BNB-USDT | +0.0154% | 8h | 785.98 | +0.018% | $17.8M | $2.2M | 75x | as long as short |
| Phemex BNBUSDT | +0.0166% | 8h | 786.09 | +0.032% | $68.5M | $51.0M | 50x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 786.31 | +0.060% | $1.5M | $141K | 25x | as long as short |
| Bulk BNB-USD | +0.0212% | 1h | 785.97 | +0.017% | $637K | $831 | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0232% | 1h | 785.79 | −0.006% | $28K | $3K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0319% | 1h | 785.01 | −0.106% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0355% | 1h | 785.61 | −0.029% | $1.1M | $911K | 20x | as long as short |
| Hibachi BNB/USDT-Plong | +0.0408% | 1h | 785.84 | long leg | $67K | $39K | 12x |
Binance BNBUSDT
Lighter BNB
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
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
Extended BNB-USD
Aevo BNB-PERP
Kalshi KXBNBPERP
Coinbase International BNB-PERP-INTX
Phoenix BNB
dYdX BNB-USD
BloFin BNB-USDT
Phemex BNBUSDT
Deribit BNB_USDC-PERPETUAL
Bulk BNB-USD
01 Exchange BNBUSD
Reya BNBRUSDPERP
RISEx BNB/USDC