Funding you earn now, next payment 23:00 UTC+0.0160%/8h= +17.5% APRnext payment +$0.20 per $10,000 · paid last 24h +0.081%
Price spread now: Hibachi against Coinbase International+0.324%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+0.547%+$55 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Hibachi is 0.324% dearer against Coinbase International than usual: you sell high and buy low: +$32 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 | Coinbase International BNB-PERP-INTX | 800.72 | 0.0072 | pay 0.0009% / 1h | 44m 34s | $607K | $995K | 50x |
| Short | Hibachi BNB/USDT-P | 803.31 | 0.0232 | get 0.0029% / 1h | 44m 34s | $71K | $43K | 12x |
Coinbase International BNB-PERP-INTX
Hibachi BNB/USDT-PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi against Coinbase International. 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
- $33.6
- Price spread: +0.324% → 0.000%
- $32.38
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- $46.98
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: Coinbase International: live order book, 34 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 Coinbase International live order book, 34 min ago | 3.62 bp | 9.0 bp −$9 | 13.2 bp −$132 | 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 | 802.97 | +0.281% | $48K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 802.95 | +0.278% | $4K | $1K | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0074% | 1h | 802.89 | +0.271% | $2.6M | $969K | 50x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 803.05 | +0.291% | $3.0M | $28.0M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 803.38 | +0.332% | $868K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 803.06 | +0.292% | $9.8M | — | 150x | as long as short |
| Variational Omni BNB | +0.0027% | 8h | 802.45 | +0.216% | $4.2M | $5.4M | — | as long as short |
| BingX BNB-USDT | +0.0052% | 8h | 802.55 | +0.229% | — | $34.8M | — | as long as short |
| Bybit BNBUSDT | +0.0060% | 8h | 802.61 | +0.236% | $139.3M | $78.6M | 75x | as long as short |
| Coinbase International BNB-PERP-INTXlong | +0.0072% | 1h | 800.72 | long leg | $607K | $995K | 50x |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
Kraken Futures PF_BNBUSD
GRVT BNB_USDT_Perp
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Variational Omni BNB
BingX BNB-USDT
Bybit BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter BNB | +0.0096% | 1h | 802.79 | +0.258% | $2.8M | $4.1M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 802.71 | +0.248% | $1.4M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 802.76 | +0.255% | $1.2M | $926K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 802.80 | +0.260% | $54.7M | $113.7M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 803.00 | +0.285% | $53K | $133K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 802.45 | +0.216% | $35.9M | $57.7M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 802.38 | +0.207% | $28.1M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 802.20 | +0.185% | $79.6M | $27.4M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 803.19 | +0.308% | $4.2M | $77.8M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 803.25 | +0.316% | $162K | $442K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 802.91 | +0.274% | $119K | $873K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 802.99 | +0.283% | $388K | $497K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 803.24 | +0.315% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 803.58 | +0.357% | $13K | $1.7M | 50x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 803.23 | +0.313% | $8.2M | $8.0M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 803.33 | +0.326% | $78K | $19K | 50x | as long as short |
| Aster BNBUSDT | +0.0104% | 8h | 803.21 | +0.311% | $6.4M | $19.0M | 200x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 802.10 | +0.173% | $1.9M | $6.4M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 803.06 | +0.292% | $386K | $40K | 10x | as long as short |
| Phemex BNBUSDT | +0.0111% | 8h | 803.58 | +0.357% | $70.2M | $51.0M | 50x | as long as short |
| SoDEX BNB-USD | +0.0111% | 1h | 803.20 | +0.310% | $395K | $1.0M | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0113% | 8h | 803.60 | +0.360% | $110K | $2.9M | 4.8x | as long as short |
| MEXC BNB_USDT | +0.0125% | 8h | 803.30 | +0.322% | $83.5M | $13.5M | 200x | as long as short |
| Binance BNBUSDT | +0.0125% | 8h | 803.48 | +0.345% | $502.5M | $817.3M | 75x | as long as short |
| Phoenix BNB | +0.0127% | 1h | 803.09 | +0.296% | $173K | $36K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 803.40 | +0.335% | $1.6M | $165K | 25x | as long as short |
| Hibachi BNB/USDT-Pshort | +0.0232% | 1h | 803.31 | +0.324% | $71K | $43K | 12x | |
| Hyperliquid BNB | +0.0232% | 1h | 803.33 | +0.326% | $52.1M | $21.4M | 10x | as long as short |
| BloFin BNB-USDT | +0.0245% | 8h | 803.67 | +0.368% | $18.2M | $2.6M | 75x | as long as short |
| RISEx BNB/USDC | +0.0258% | 1h | 802.88 | +0.270% | $1.1M | $1.4M | 20x | as long as short |
| Injective BNB/USDC PERP | +0.0306% | 1h | 805.09 | +0.546% | $19K | $789K | 30x | as long as short |
| Bulk BNB-USD | +0.0309% | 1h | 803.58 | +0.357% | $653K | $20K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0332% | 1h | 802.58 | +0.232% | $6K | $3K | 40x | as long as short |
| Backpack BNB_USDC_PERP | +0.0363% | 1h | 803.70 | +0.372% | $2.7M | $5.7M | 40x | as long as short |
| 01 Exchange BNBUSD | +0.0368% | 1h | 803.37 | +0.331% | $28K | $1K | 10x | as long as short |
| dYdX BNB-USD | +0.0457% | 1h | 802.89 | +0.271% | $162K | $62K | 10x | as long as short |
Lighter BNB
Nado BNB-PERP
Pacifica BNB
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
HTX BNB-USDT
Paradex BNB-USD-PERP
Aster BNBUSDT
Extended BNB-USD
Aevo BNB-PERP
Phemex BNBUSDT
SoDEX BNB-USD
Kalshi KXBNBPERP
MEXC BNB_USDT
Binance BNBUSDT
Phoenix BNB
Deribit BNB_USDC-PERPETUAL
Hyperliquid BNB
BloFin BNB-USDT
RISEx BNB/USDC
Injective BNB/USDC PERP
Bulk BNB-USD
Reya BNBRUSDPERP
Backpack BNB_USDC_PERP
01 Exchange BNBUSD
dYdX BNB-USD