BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0388%/8h= +42.5% APRnext payment +$0.48 per $10,000 · paid last 24h +0.024%

Price spread now: Hibachi against Hyperliquid−0.001%7-day average — · you buy dearer than you sell

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

Long on Hyperliquid Short on Hibachi

What this pair did over the last

the charts below follow

Funding, last 7 days+0.452%+$45 on $10k

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

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · Hibachi: 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: +$12 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid BNB	785.22	0.0100	pay 0.0013% / 1h	30m 43s	$51.5M	$17.5M	10x
Short	Hibachi BNB/USDT-P	785.21	0.0488	get 0.0061% / 1h	30m 43s	$67K	$39K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hibachi against Hyperliquid. 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

Position, each leg$Hold fordaysFee HyperliquidbpFee HibachibpOrdersPrice spread, now −0.001%Rate

Funding earned: $81.48
Price spread: −0.001% → 0.000%: −$0.14
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Hibachi: 4.5 bp × 2 orders: −$9
Net: $63.34
Costs to cover: 0.180%
Break-even: 1.6 days

Slippage unknown: Hyperliquid: live order book, 3 min ago; Hibachi: no order-book sample. 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 Hyperliquid live order book, 3 min ago	0.25 bp	4.9 bp −$5	doesn't fit	doesn't fit	doesn't fit
Sell Hibachi no order-book sample	—	—	—	—	—

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 −0.0192% / S +0.0356%	1h	784.11	−0.141%	$46K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	785.20	−0.003%	$4K	$42	25x	as long as short
StandX BNB-USD	0.0000%	1h	785.53	+0.039%	$847K	$3.0M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	784.21	−0.129%	$9.5M	—	150x	as long as short
Aster BNBUSDT	+0.0029%	8h	785.09	−0.017%	$6.1M	$19.0M	200x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.531%	$19K	$789K	30x	as long as short
BingX BNB-USDT	+0.0041%	8h	784.78	−0.056%	—	$22.1M	—	as long as short
Phemex BNBUSDT	+0.0050%	8h	784.86	−0.046%	$68.7M	$50.6M	50x	as long as short
MEXC BNB_USDT	+0.0052%	8h	785.50	+0.036%	$79.6M	$11.9M	200x	as long as short
Binance BNBUSDT	+0.0053%	8h	785.35	+0.017%	$488.8M	$809.3M	75x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_BNBUSD	+0.0069%	1h	784.10	−0.142%	$2.5M	$1.2M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0080%	1h	784.32	−0.115%	$577K	$1.9M	50x	as long as short
Lighter BNB	+0.0096%	1h	784.79	−0.054%	$2.7M	$3.8M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	784.36	−0.110%	$264K	$490K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	784.55	−0.085%	$1.4M	$2.7M	20x	as long as short
Hyperliquid BNBlong	+0.0100%	1h	785.22	long leg	$51.5M	$17.5M	10x
Pacifica BNB	+0.0100%	1h	784.74	−0.062%	$1.2M	$933K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	784.54	−0.087%	$137.8M	$74.6M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	784.50	−0.092%	$53.3M	$112.2M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	784.70	−0.066%	$52K	$129K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	784.60	−0.079%	$36.3M	$58.5M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	784.27	−0.121%	$27.5M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	784.35	−0.111%	$75.9M	$30.9M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	784.80	−0.053%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	784.13	−0.139%	$4.0M	$4.8M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	785.38	+0.020%	$4.1M	$75.1M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	785.10	−0.015%	$158K	$439K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	784.30	−0.117%	$131K	$954K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	784.39	−0.106%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	784.98	−0.030%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	784.30	−0.117%	$386K	$994K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	784.36	−0.110%	$8.0M	$10.0M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	784.87	−0.045%	$76K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	784.24	−0.125%	$1.8M	$6.2M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	784.56	−0.084%	$377K	$110K	10x	as long as short
Phoenix BNB	+0.0107%	1h	785.73	+0.065%	$169K	$35K	10x	as long as short
dYdX BNB-USD	+0.0119%	1h	784.34	−0.112%	$159K	$61K	10x	as long as short
Kalshi KXBNBPERP	+0.0138%	8h	784.80	−0.053%	$141K	$2.7M	4.8x	as long as short
BloFin BNB-USDT	+0.0173%	8h	784.93	−0.037%	$17.6M	$2.2M	75x	as long as short
GRVT BNB_USDT_Perp	+0.0205%	8h	785.51	+0.037%	$2.9M	$29.3M	10x	as long as short
01 Exchange BNBUSD	+0.0288%	1h	785.08	−0.018%	$28K	$4K	10x	as long as short
Bulk BNB-USD	+0.0298%	1h	785.69	+0.060%	$637K	$4K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	784.64	−0.074%	$1.5M	$143K	25x	as long as short
Reya BNBRUSDPERP	+0.0323%	1h	784.06	−0.148%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0432%	1h	784.79	−0.055%	$1.1M	$909K	20x	as long as short
Hibachi BNB/USDT-Pshort	+0.0488%	1h	785.21	−0.001%	$67K	$39K	12x