BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0097%/8h= +10.7% APRnext payment +$0.12 per $10,000 · paid last 24h +0.069%

Price spread now: Hibachi against Phoenix+0.010%7-day average — · you sell dearer than you buy

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

Long on Phoenix Short on Hibachi

What this pair did over the last

the charts below follow

Funding, last 7 days+0.249%+$25 on $10k

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

Together, before fees—+ Points / potential airdropHibachi: 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: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix BNB	802.03	0.0127	pay 0.0016% / 1h	38m 44s	$172K	$36K	10x
Short	Hibachi BNB/USDT-P	802.11	0.0224	get 0.0028% / 1h	38m 44s	$70K	$44K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hibachi against Phoenix. 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 PhoenixbpFee HibachibpOrdersPrice spread, now +0.010%Rate

Funding earned: $20.43
Price spread: +0.010% → 0.000%: $1.04
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Hibachi: 4.5 bp × 2 orders: −$9
Net: $5.47
Costs to cover: 0.160%
Break-even: 5.1 days

Slippage unknown: Phoenix: live order book, 32 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 Phoenix live order book, 32 min ago	1.00 bp	12.4 bp −$12	50.9 bp −$509	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 −0.0201% / S +0.0372%	1h	800.67	−0.169%	$48K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	801.12	−0.113%	$4K	$1K	25x	as long as short
Kraken Futures PF_BNBUSD	−0.0074%	1h	800.51	−0.189%	$2.6M	$970K	50x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	802.40	+0.046%	$3.0M	$28.0M	10x	as long as short
StandX BNB-USD	0.0000%	1h	801.98	−0.006%	$867K	$2.9M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	800.76	−0.158%	$9.8M	—	150x	as long as short
Variational Omni BNB	+0.0025%	8h	801.45	−0.072%	$4.1M	$5.4M	—	as long as short
BingX BNB-USDC	+0.0048%	8h	800.89	−0.142%	—	$13.3M	—	as long as short
Bybit BNBUSDT	+0.0055%	8h	800.60	−0.178%	$139.0M	$78.6M	75x	as long as short
Coinbase International BNB-PERP-INTX	+0.0072%	1h	800.72	−0.163%	$607K	$994K	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter BNB	+0.0096%	1h	801.18	−0.106%	$2.8M	$4.1M	20x	as long as short
Aster BNBUSDT	+0.0098%	8h	801.11	−0.114%	$6.3M	$19.0M	200x	as long as short
Nado BNB-PERP	+0.0100%	1h	800.44	−0.199%	$1.4M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	801.03	−0.124%	$1.2M	$926K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	800.70	−0.166%	$54.5M	$113.3M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	801.30	−0.091%	$53K	$133K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	800.35	−0.209%	$35.8M	$57.8M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	800.63	−0.175%	$28.0M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	800.61	−0.177%	$79.4M	$27.4M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	802.33	+0.038%	$4.2M	$76.6M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	802.26	+0.029%	$162K	$442K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	800.65	−0.172%	$117K	$875K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	800.72	−0.163%	$387K	$497K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	800.92	−0.139%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	801.43	−0.075%	$13K	$1.7M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	800.90	−0.141%	$394K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	801.80	−0.029%	$8.2M	$8.0M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	801.50	−0.066%	$78K	$19K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	800.03	−0.250%	$1.8M	$6.5M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	800.89	−0.142%	$385K	$40K	10x	as long as short
Phemex BNBUSDT	+0.0114%	8h	801.27	−0.095%	$70.0M	$50.9M	50x	as long as short
Kalshi KXBNBPERP	+0.0115%	8h	801.70	−0.041%	$110K	$2.9M	4.8x	as long as short
Binance BNBUSDT	+0.0120%	8h	801.47	−0.070%	$501.2M	$817.1M	75x	as long as short
MEXC BNB_USDT	+0.0120%	8h	801.90	−0.016%	$83.4M	$13.5M	200x	as long as short
Phoenix BNBlong	+0.0127%	1h	802.03	long leg	$172K	$36K	10x
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	801.11	−0.114%	$1.6M	$165K	25x	as long as short
Hyperliquid BNB	+0.0204%	1h	801.43	−0.075%	$51.9M	$21.0M	10x	as long as short
Hibachi BNB/USDT-Pshort	+0.0224%	1h	802.11	+0.010%	$70K	$44K	12x
BloFin BNB-USDT	+0.0241%	8h	801.36	−0.084%	$18.3M	$2.5M	75x	as long as short
RISEx BNB/USDC	+0.0258%	1h	801.14	−0.110%	$1.1M	$1.4M	20x	as long as short
Bulk BNB-USD	+0.0305%	1h	801.82	−0.026%	$651K	$20K	10x	as long as short
Injective BNB/USDC PERP	+0.0306%	1h	805.09	+0.382%	$19K	$789K	30x	as long as short
Reya BNBRUSDPERP	+0.0332%	1h	800.36	−0.209%	$6K	$3K	40x	as long as short
01 Exchange BNBUSD	+0.0336%	1h	801.39	−0.080%	$28K	$1K	10x	as long as short
Backpack BNB_USDC_PERP	+0.0393%	1h	801.42	−0.076%	$2.7M	$5.7M	40x	as long as short
dYdX BNB-USD	+0.0417%	1h	800.76	−0.158%	$161K	$62K	10x	as long as short