Funding you earn now, next payment 07:00 UTC−0.0452%/8h= −49.5% APRpaid last 24h −0.084%
Price spread now: Bybit against Hibachi−0.102%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.592%−$59 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Bybit is 0.102% cheaper against Hibachi than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hibachi BNB/USDT-P | 786.90 | 0.0552 | pay 0.0069% / 1h | 46m 46s | $67K | $39K | 12x |
| Short | Bybit BNBUSDT | 786.10 | 0.0100 | get 0.0100% / 8h | 1h 46m | $138.4M | $75.2M | 75x |
Hibachi BNB/USDT-P
Bybit BNBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Hibachi. 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
- −$94.92
- Price spread: −0.102% → 0.000%
- −$10.22
- Slippage, 4 orders
- no order book: not counted
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$125.14
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Hibachi: no order-book sample; Bybit: live order book, 2 min ago. 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 Hibachi no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 2 min ago | 0.64 bp | 7.2 bp −$7 | 9.3 bp −$93 | 27.1 bp −$2,709 | 120.1 bp −$60.0K |
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 −0.0170% / S +0.0337% | 1h | 786.28 | −0.079% | $43K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 786.95 | +0.006% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 787.44 | +0.068% | $849K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 786.29 | −0.077% | $9.5M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.311% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0048% | 8h | 786.71 | −0.025% | $6.1M | $19.0M | 200x | as long as short |
| BingX BNB-USDC | +0.0054% | 8h | 786.45 | −0.058% | — | $13.4M | — | as long as short |
| MEXC BNB_USDT | +0.0067% | 8h | 787.40 | +0.063% | $81.0M | $12.0M | 200x | as long as short |
| Binance BNBUSDT | +0.0067% | 8h | 786.74 | −0.021% | $490.1M | $816.0M | 75x | as long as short |
| dYdX BNB-USD | +0.0068% | 1h | 786.47 | −0.056% | $159K | $62K | 10x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
Aster BNBUSDT
BingX BNB-USDC
MEXC BNB_USDT
Binance BNBUSDT
dYdX BNB-USDShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex BNBUSDT | +0.0075% | 8h | 786.93 | +0.003% | $68.9M | $51.0M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0080% | 1h | 786.56 | −0.044% | $568K | $1.9M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 786.35 | −0.071% | $2.7M | $3.8M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 786.40 | −0.064% | $265K | $471K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 786.65 | −0.032% | $1.4M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 786.42 | −0.062% | $1.2M | $933K | 20x | as long as short |
| Bybit BNBUSDTshort | +0.0100% | 8h | 786.10 | −0.102% | $138.4M | $75.2M | 75x | |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 786.30 | −0.077% | $53.4M | $113.0M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 786.40 | −0.064% | $52K | $129K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 786.15 | −0.096% | $37.1M | $58.8M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 785.90 | −0.128% | $27.6M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 786.11 | −0.101% | $76.1M | $31.1M | 75x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 786.52 | −0.049% | $4.0M | $4.8M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 787.23 | +0.041% | $4.1M | $75.9M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 787.07 | +0.021% | $158K | $437K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 786.39 | −0.065% | $131K | $949K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 786.51 | −0.050% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 787.14 | +0.030% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 786.50 | −0.051% | $387K | $985K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 786.78 | −0.015% | $8.0M | $10.1M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0101% | 8h | 786.84 | −0.009% | $76K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 786.04 | −0.110% | $1.8M | $6.2M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 786.38 | −0.066% | $378K | $110K | 10x | as long as short |
| Hyperliquid BNB | +0.0121% | 1h | 786.73 | −0.022% | $51.5M | $17.6M | 10x | as long as short |
| Phoenix BNB | +0.0135% | 1h | 787.01 | +0.013% | $169K | $35K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0139% | 8h | 786.60 | −0.039% | $170K | $2.7M | 4.8x | as long as short |
| Backpack BNB_USDC_PERP | +0.0146% | 1h | 786.67 | −0.030% | $2.2M | $6.1M | 40x | as long as short |
| BloFin BNB-USDT | +0.0187% | 8h | 786.90 | −0.001% | $17.7M | $2.2M | 75x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0206% | 1h | 786.31 | −0.076% | $2.5M | $1.2M | 50x | as long as short |
| GRVT BNB_USDT_Perp | +0.0226% | 8h | 787.27 | +0.046% | $2.9M | $29.5M | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0272% | 1h | 787.15 | +0.031% | $28K | $4K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 786.78 | −0.016% | $1.5M | $143K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0322% | 1h | 786.11 | −0.101% | $6K | $3K | 40x | as long as short |
| Bulk BNB-USD | +0.0328% | 1h | 787.20 | +0.038% | $638K | $4K | 10x | as long as short |
| RISEx BNB/USDC | +0.0438% | 1h | 786.44 | −0.059% | $1.1M | $909K | 20x | as long as short |
| Hibachi BNB/USDT-Plong | +0.0552% | 1h | 786.90 | long leg | $67K | $39K | 12x |
Phemex BNBUSDT
Coinbase International BNB-PERP-INTX
Lighter BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
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
Hyperliquid BNB
Phoenix BNB
Kalshi KXBNBPERP
Backpack BNB_USDC_PERP
BloFin BNB-USDT
Kraken Futures PF_BNBUSD
GRVT BNB_USDT_Perp
01 Exchange BNBUSD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
Bulk BNB-USD
RISEx BNB/USDC