Funding you earn now, next payment 05:00 UTC+0.0332%/8h= +36.4% APRpaid last 24h +0.072%
Price spread now: Hibachi against KuCoin+0.021%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.497%+$50 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Hibachi is 0.021% dearer against KuCoin than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BNBUSDTM | 787.39 | 0.0100 | pay 0.0100% / 8h | 3h 04m | $27.6M | $10.3M | 75x |
| Short | Hibachi BNB/USDT-P | 787.56 | 0.0432 | get 0.0054% / 1h | 4m 12s | $67K | $39K | 12x |
KuCoin BNBUSDTM
Hibachi BNB/USDT-PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi against KuCoin. 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
- $69.72
- Price spread: +0.021% → 0.000%
- $2.11
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- $50.83
- Costs to cover
- 0.210%
- Break-even
- 1.9 days
Slippage unknown: KuCoin: live order book, 10 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 KuCoin live order book, 10 min ago | 0.57 bp | 9.8 bp −$10 | 18.5 bp −$185 | 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 | 787.52 | +0.017% | $46K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0124% | 1h | 787.59 | +0.026% | $2.5M | $1.2M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 787.63 | +0.030% | $4K | $42 | 25x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 788.10 | +0.090% | $122K | $2.7M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 788.28 | +0.113% | $851K | $3.1M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 787.62 | +0.029% | $9.5M | — | 150x | as long as short |
| Aster BNBUSDT | +0.0023% | 8h | 788.28 | +0.113% | $6.1M | $19.1M | 200x | as long as short |
| BingX BNB-USDC | +0.0033% | 8h | 787.80 | +0.052% | — | $13.4M | — | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.248% | $19K | $789K | 30x | as long as short |
| Phemex BNBUSDT | +0.0040% | 8h | 788.14 | +0.095% | $68.9M | $50.7M | 50x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Hotstuff BNB-PERP
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Aster BNBUSDT
BingX BNB-USDC
Injective BNB/USDC PERP
Phemex BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BNB_USDT | +0.0042% | 8h | 788.60 | +0.154% | $79.9M | $12.1M | 200x | as long as short |
| Binance BNBUSDT | +0.0043% | 8h | 788.23 | +0.107% | $490.7M | $804.5M | 75x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0072% | 1h | 788.00 | +0.077% | $579K | $1.9M | 50x | as long as short |
| dYdX BNB-USD | +0.0076% | 1h | 787.22 | −0.022% | $159K | $62K | 10x | as long as short |
| Phoenix BNB | +0.0092% | 1h | 787.46 | +0.009% | $169K | $35K | 10x | as long as short |
| Lighter BNB | +0.0096% | 1h | 787.75 | +0.046% | $2.7M | $3.9M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 787.63 | +0.030% | $265K | $491K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 787.25 | −0.018% | $1.5M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 788.27 | +0.112% | $51.7M | $17.5M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 787.72 | +0.042% | $1.2M | $934K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 787.50 | +0.014% | $138.4M | $74.1M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 787.50 | +0.014% | $53.4M | $111.7M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 787.80 | +0.052% | $52K | $133K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 787.65 | +0.033% | $36.2M | $58.4M | 75x | as long as short |
| KuCoin BNBUSDTMlong | +0.0100% | 8h | 787.39 | long leg | $27.6M | $10.3M | 75x | |
| Bitget BNBUSDT | +0.0100% | 8h | 787.33 | −0.008% | $76.2M | $30.6M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 787.59 | +0.025% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 787.11 | −0.035% | $4.1M | $4.6M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 786.48 | −0.116% | $4.1M | $74.3M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 787.00 | −0.050% | $158K | $442K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 787.60 | +0.027% | $132K | $956K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 787.67 | +0.035% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 788.01 | +0.079% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 787.70 | +0.039% | $387K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 787.23 | −0.021% | $8.1M | $9.7M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 787.82 | +0.054% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 787.25 | −0.018% | $1.8M | $6.3M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 787.68 | +0.037% | $378K | $110K | 10x | as long as short |
| BloFin BNB-USDT | +0.0163% | 8h | 787.94 | +0.070% | $17.7M | $2.2M | 75x | as long as short |
| GRVT BNB_USDT_Perp | +0.0182% | 8h | 787.51 | +0.016% | $2.9M | $28.9M | 10x | as long as short |
| Bulk BNB-USD | +0.0201% | 1h | 787.88 | +0.062% | $639K | $10K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0248% | 1h | 788.28 | +0.113% | $28K | $4K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 788.05 | +0.084% | $1.5M | $143K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0324% | 1h | 787.44 | +0.007% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0431% | 1h | 787.87 | +0.061% | $1.1M | $907K | 20x | as long as short |
| Hibachi BNB/USDT-Pshort | +0.0432% | 1h | 787.56 | +0.021% | $67K | $39K | 12x |
MEXC BNB_USDT
Binance BNBUSDT
Coinbase International BNB-PERP-INTX
dYdX BNB-USD
Phoenix BNB
Lighter BNB
Orderly PERP_BNB_USDC
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
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
BloFin BNB-USDT
GRVT BNB_USDT_Perp
Bulk BNB-USD
01 Exchange BNBUSD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
RISEx BNB/USDC