Settings8H · net · $10k
Funding arb · Price arb /

BNB

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0411%/8h= +45.0% APRpaid last 24h +0.086%
Price spread now: Hibachi against BingX+0.060%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.518%+$52 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHibachi: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Hibachi is 0.060% dearer against BingX than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BNB-USDC787.270.0037pay 0.0037% / 8h2h 48m$13.4M
ShortHibachi BNB/USDT-P787.740.0448get 0.0056% / 1h48m 59s$67K$39K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against BingX. 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

Funding earned
$86.31
Price spread: +0.060% → 0.000%
$5.96
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
$73.27
Costs to cover
0.190%
Break-even
1.1 days
Slippage unknown: BingX: live order book, 9 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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 9 min ago0.44 bp5.6 bp −$610.9 bp −$10928.8 bp −$2,87875.0 bp −$37.5K
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0192% / S +0.0356%1h787.26−0.001%$46K200xas long as short
Hotstuff BNB-PERP−0.0080%1h787.53+0.033%$4K$4225xas long as short
StandX BNB-USD0.0000%1h788.28+0.128%$850K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h787.28+0.002%$9.5M150xas long as short
Aster BNBUSDT+0.0028%8h787.91+0.082%$6.1M$19.0M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.264%$19K$789K30xas long as short
BingX BNB-USDClong+0.0037%8h787.27long leg$13.4M
MEXC BNB_USDT+0.0050%8h788.20+0.118%$79.9M$11.8M200xas long as short
Binance BNBUSDT+0.0051%8h787.89+0.079%$490.8M$804.7M75xas long as short
Phemex BNBUSDT+0.0053%8h787.86+0.075%$68.9M$50.7M50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BNBUSD+0.0069%1h787.29+0.002%$2.5M$1.2M50xas long as short
dYdX BNB-USD+0.0071%1h787.06−0.027%$159K$61K10xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h787.46+0.024%$578K$1.9M50xas long as short
Lighter BNB+0.0096%1h787.48+0.027%$2.7M$3.8M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.33+0.008%$265K$490K50xas long as short
Nado BNB-PERP+0.0100%1h787.25−0.003%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h787.83+0.071%$51.7M$17.4M10xas long as short
Pacifica BNB+0.0100%1h787.49+0.029%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h787.20−0.009%$138.3M$74.1M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h787.30+0.004%$53.4M$111.9M50xas long as short
Arcus BNB-USD+0.0100%1h787.40+0.017%$52K$134K10xas long as short
Gate BNB_USDT+0.0100%8h787.25−0.003%$36.1M$57.9M75xas long as short
KuCoin BNBUSDTM+0.0100%8h787.03−0.030%$27.6M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h786.99−0.036%$76.2M$30.7M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h787.69+0.053%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h787.11−0.020%$4.1M$4.6Mas long as short
edgeX BNBUSDC+0.0100%4h787.81+0.069%$4.1M$74.6M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h787.86+0.075%$159K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h787.25−0.003%$132K$953K10xas long as short
Derive BNB-PERP+0.0100%1h787.50+0.029%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h787.93+0.084%$12K$1.5M50xas long as short
HTX BNB-USDT+0.0100%8h787.13−0.017%$8.1M$9.8M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h787.70+0.055%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h787.04−0.030%$1.8M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h787.37+0.012%$378K$110K10xas long as short
Phoenix BNB+0.0107%1h787.34+0.009%$169K$35K10xas long as short
SoDEX BNB-USD+0.0119%1h787.50+0.029%$387K$997K10xas long as short
Kalshi KXBNBPERP+0.0131%8h787.70+0.055%$122K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0171%8h787.95+0.086%$17.7M$2.2M75xas long as short
GRVT BNB_USDT_Perp+0.0198%8h788.06+0.100%$2.9M$29.2M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h787.78+0.065%$1.5M$143K25xas long as short
Bulk BNB-USD+0.0260%1h788.17+0.115%$639K$10K10xas long as short
01 Exchange BNBUSD+0.0320%1h787.92+0.083%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0324%1h787.10−0.021%$6K$3K40xas long as short
RISEx BNB/USDC+0.0432%1h787.58+0.039%$1.1M$908K20xas long as short
Hibachi BNB/USDT-Pshort+0.0448%1h787.74+0.060%$67K$39K12x