Funding you earn now, next payment 11:00 UTC−0.0236%/8h= −25.8% APRpaid last 24h −0.073%
Price spread now: OKX against Hibachi−0.075%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−0.537%−$54 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and OKX is 0.075% 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 | 786.59 | 0.0336 | pay 0.0042% / 1h | 26m 31s | $67K | $37K | 12x |
| Short | OKX BNB-USDT-SWAP | 786.00 | 0.0100 | get 0.0100% / 8h | 5h 26m | $53.3M | $101.2M | 50x |
Hibachi BNB/USDT-P
OKX BNB-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$49.56
- Price spread: −0.075% → 0.000%
- −$7.53
- Slippage, 4 orders
- no order book: not counted
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$76.09
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hibachi: no order-book sample; OKX: 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 OKX live order book, 5 min ago | 0.64 bp | 6.3 bp −$6 | 7.8 bp −$78 | 19.7 bp −$1,972 | 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 45 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 | 786.36 | −0.029% | $43K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0086% | 1h | 786.29 | −0.039% | $2.5M | $1.2M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 787.94 | +0.171% | $4K | — | 25x | as long as short |
| Bybit BNBUSDT | −0.0002% | 8h | 785.70 | −0.113% | $138.5M | $65.8M | 75x | as long as short |
| Aster BNBUSDT | 0.0000% | 8h | 786.55 | −0.005% | $6.0M | $16.9M | 200x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 786.44 | −0.019% | $2.9M | $26.3M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 786.80 | +0.026% | $155K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 787.54 | +0.121% | $849K | $3.0M | 30x | as long as short |
| Deribit BNB_USDC-PERPETUAL | 0.0000% | 1h | 786.60 | +0.001% | $1.5M | $144K | 25x | as long as short |
| BingX BNB-USDT | +0.0005% | 8h | 786.27 | −0.041% | — | $50.3M | — | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Hotstuff BNB-PERP
Bybit BNBUSDT
Aster BNBUSDT
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
Deribit BNB_USDC-PERPETUAL
BingX BNB-USDTShow all 45 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 786.56 | −0.005% | $9.5M | — | 150x | as long as short |
| Binance BNBUSDT | +0.0012% | 8h | 786.71 | +0.015% | $480.3M | $759.4M | 75x | as long as short |
| MEXC BNB_USDT | +0.0012% | 8h | 787.60 | +0.128% | $83.3M | $11.8M | 200x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.352% | $19K | $789K | 30x | as long as short |
| BloFin BNB-USDT | +0.0050% | 8h | 787.10 | +0.065% | $18.5M | $2.2M | 75x | as long as short |
| Phemex BNBUSDT | +0.0088% | 8h | 787.01 | +0.053% | $68.3M | $50.9M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 786.25 | −0.044% | $2.7M | $3.3M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 786.25 | −0.043% | $1.4M | $2.3M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 786.73 | +0.018% | $51.8M | $16.9M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 786.42 | −0.021% | $1.2M | $930K | 20x | as long as short |
| OKX BNB-USDT-SWAPshort | +0.0100% | 8h | 786.00 | −0.075% | $53.3M | $101.2M | 50x | |
| Arcus BNB-USD | +0.0100% | 1h | 786.20 | −0.050% | $57K | $122K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 786.10 | −0.063% | $41.7M | $54.2M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 785.96 | −0.080% | $28.1M | $9.6M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 785.88 | −0.091% | $75.7M | $31.0M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 786.99 | +0.051% | $2.2M | $6.0M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 785.47 | −0.143% | $4.3M | $4.4M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 787.00 | +0.052% | $4.1M | $72.0M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 786.93 | +0.043% | $158K | $460K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 786.06 | −0.068% | $128K | $905K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 786.19 | −0.051% | $264K | $297K | 50x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 786.98 | +0.049% | $12K | $1.3M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 786.60 | +0.001% | $387K | $926K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 786.54 | −0.007% | $8.0M | $9.9M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 786.46 | −0.017% | $78K | $899K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 785.57 | −0.130% | $1.8M | $5.6M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 786.17 | −0.054% | $378K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0120% | 1h | 786.99 | +0.051% | $158K | $45K | 10x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0120% | 1h | 787.08 | +0.062% | $548K | $1.9M | 50x | as long as short |
| 01 Exchange BNBUSD | +0.0208% | 1h | 786.53 | −0.008% | $28K | $3K | 10x | as long as short |
| Bulk BNB-USD | +0.0296% | 1h | 787.04 | +0.057% | $638K | $2K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0316% | 1h | 785.76 | −0.106% | $6K | $3K | 40x | as long as short |
| Hibachi BNB/USDT-Plong | +0.0336% | 1h | 786.59 | long leg | $67K | $37K | 12x | |
| RISEx BNB/USDC | +0.0393% | 1h | 786.43 | −0.020% | $1.1M | $904K | 20x | as long as short |
| dYdX BNB-USD | +0.1178% | 1h | 786.11 | −0.061% | $158K | $34K | 10x | as long as short |
gTrade (Gains Network) BNB/USD
Binance BNBUSDT
MEXC BNB_USDT
Injective BNB/USDC PERP
BloFin BNB-USDT
Phemex BNBUSDT
Lighter BNB
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
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
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
Coinbase International BNB-PERP-INTX
01 Exchange BNBUSD
Bulk BNB-USD
Reya BNBRUSDPERP
RISEx BNB/USDC
dYdX BNB-USD