Funding you earn now, next payment 20:00 UTC+0.0232%/8hnext payment +$0.29 per $10,000 · paid last 24h +0.088%
Price spread now: Hibachi against Lighter+0.039%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+0.505%+$50 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · Hibachi: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Hibachi is 0.039% dearer against Lighter than usual: you sell high and buy low: +$4 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 | Lighter BNB | 801.41 | 0.0096 | pay 0.0012% / 1h | 23m 42s | $2.9M | $3.9M | 20x |
| Short | Hibachi BNB/USDT-P | 801.72 | 0.0328 | get 0.0041% / 1h | 23m 42s | $71K | $48K | 12x |
Lighter BNB
Hibachi BNB/USDT-PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi against Lighter. 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
- $48.72
- Price spread: +0.039% → 0.000%
- $3.89
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- $43.61
- Costs to cover
- 0.090%
- Break-even
- 0.7 days
Slippage unknown: Lighter: live order book, 8 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 Lighter live order book, 8 min ago | 0.49 bp | 1.1 bp −$1 | 4.9 bp −$49 | 14.2 bp −$1,416 | 69.3 bp −$34.7K |
| 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 −0.0197% / S +0.0371% | 1h | 801.55 | +0.017% | $48K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 802.22 | +0.101% | $4K | $1K | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 799.89 | −0.189% | $3.0M | $30.1M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 802.30 | +0.111% | $107K | $2.7M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 800.55 | −0.107% | $866K | $3.1M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0008% | 1h | 801.64 | +0.030% | $9.7M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 800.43 | −0.122% | $19K | $407K | 30x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0056% | 1h | 800.37 | −0.129% | $601K | $904K | 50x | as long as short |
| Variational Omni BNB | +0.0072% | 8h | 799.45 | −0.245% | $4.1M | $5.5M | — | as long as short |
| BingX BNB-USDT | +0.0080% | 8h | 800.84 | −0.071% | — | $33.8M | — | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
Coinbase International BNB-PERP-INTX
Variational Omni BNB
BingX BNB-USDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter BNBlong | +0.0096% | 1h | 801.41 | long leg | $2.9M | $3.9M | 20x | |
| Aster BNBUSDT | +0.0098% | 8h | 802.00 | +0.075% | $6.4M | $18.9M | 200x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 801.40 | −0.001% | $1.4M | $2.8M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 801.02 | −0.049% | $1.2M | $916K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 800.34 | −0.133% | $138.5M | $87.7M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 800.50 | −0.113% | $55.1M | $116.5M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 802.00 | +0.074% | $53K | $221K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 800.90 | −0.063% | $35.9M | $59.4M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 800.77 | −0.080% | $28.0M | $10.4M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 800.40 | −0.126% | $78.5M | $24.5M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 800.38 | −0.128% | $4.2M | $75.8M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 800.08 | −0.166% | $158K | $438K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 801.70 | +0.037% | $118K | $880K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 801.43 | +0.003% | $387K | $627K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 801.62 | +0.027% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 802.08 | +0.084% | $13K | $1.7M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 801.50 | +0.012% | $394K | $1.0M | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 801.92 | +0.064% | $1.6M | $159K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 801.51 | +0.013% | $8.2M | $6.9M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 801.51 | +0.012% | $78K | $19K | 50x | as long as short |
| Phemex BNBUSDT | +0.0102% | 8h | 802.08 | +0.084% | $70.2M | $51.7M | 50x | as long as short |
| MEXC BNB_USDT | +0.0102% | 8h | 801.90 | +0.061% | $83.9M | $15.1M | 200x | as long as short |
| Binance BNBUSDT | +0.0102% | 8h | 801.25 | −0.020% | $516.7M | $802.1M | 75x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 800.95 | −0.058% | $1.9M | $6.4M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 801.54 | +0.016% | $385K | $40K | 10x | as long as short |
| Bulk BNB-USD | +0.0120% | 1h | 799.94 | −0.183% | $651K | $15K | 10x | as long as short |
| Phoenix BNB | +0.0151% | 1h | 799.83 | −0.197% | $172K | $28K | 10x | as long as short |
| RISEx BNB/USDC | +0.0165% | 1h | 801.93 | +0.066% | $1.1M | $1.4M | 20x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0184% | 1h | 801.52 | +0.015% | $2.5M | $924K | 50x | as long as short |
| BloFin BNB-USDT | +0.0223% | 8h | 802.20 | +0.099% | $19.0M | $3.0M | 75x | as long as short |
| Hyperliquid BNB | +0.0248% | 1h | 801.83 | +0.053% | $51.5M | $21.4M | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0272% | 1h | 802.56 | +0.144% | $28K | $1K | 10x | as long as short |
| Hibachi BNB/USDT-Pshort | +0.0328% | 1h | 801.72 | +0.039% | $71K | $48K | 12x | |
| Reya BNBRUSDPERP | +0.0334% | 1h | 801.31 | −0.012% | $9K | — | 40x | as long as short |
| dYdX BNB-USD | +0.0370% | 1h | 800.88 | −0.065% | $173K | $51K | 10x | as long as short |
| Backpack BNB_USDC_PERP | +0.0695% | 1h | 802.17 | +0.095% | $3.0M | $5.3M | 40x | as long as short |
Aster BNBUSDT
Nado BNB-PERP
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
Phemex BNBUSDT
MEXC BNB_USDT
Binance BNBUSDT
Extended BNB-USD
Aevo BNB-PERP
Bulk BNB-USD
Phoenix BNB
RISEx BNB/USDC
Kraken Futures PF_BNBUSD
BloFin BNB-USDT
Hyperliquid BNB
01 Exchange BNBUSD
Reya BNBRUSDPERP
dYdX BNB-USD
Backpack BNB_USDC_PERP