BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0540%/8h= −59.1% APRnext payment −$0.67 per $10,000 · paid last 24h −0.206%

Price spread now: GMX against Hibachi+0.014%7-day average — · you sell dearer than you buy

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

Long on Hibachi Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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: −$16 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hibachi BNB/USDT-P	801.65	0.0168	pay 0.0021% / 1h	23m 40s	$71K	$48K	12x
Short	GMX BNB/USD [WBTC.b-USDC]	801.76	L −0.0201% / S +0.0372%	pay 0.0046% / 1h	23m 40s	$48K	—	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Hibachi. 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 HibachibpFee GMXbpOrdersPrice spread, now +0.014%Rate

Funding earned: −$113.3
Price spread: +0.014% → 0.000%: $1.41
Slippage, 4 orders: no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders: −$9
Fee GMX: 6 bp × 2 orders: −$12
Net: −$132.89
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Hibachi: no order-book sample; GMX: 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 Hibachi no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

Hibachi and GMX: 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]short	L −0.0201% / S +0.0372%	1h	801.76	+0.014%	$48K	—	200x
Hotstuff BNB-PERP	−0.0080%	1h	800.95	−0.087%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	801.71	+0.009%	$3.0M	$29.6M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	802.50	+0.107%	$158K	$2.9M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	802.10	+0.057%	$867K	$2.8M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	801.75	+0.013%	$9.7M	—	150x	as long as short
Variational Omni BNB	+0.0039%	8h	800.35	−0.162%	$4.1M	$5.3M	—	as long as short
BingX BNB-USDC	+0.0065%	8h	801.70	+0.007%	—	$13.3M	—	as long as short
Bybit BNBUSDT	+0.0076%	8h	801.07	−0.072%	$139.5M	$83.2M	75x	as long as short
Lighter BNB	+0.0096%	1h	801.68	+0.004%	$2.8M	$4.2M	20x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International BNB-PERP-INTX	+0.0096%	1h	801.17	−0.059%	$610K	$1.0M	50x	as long as short
Aster BNBUSDT	+0.0100%	8h	802.02	+0.046%	$6.3M	$19.2M	200x	as long as short
Nado BNB-PERP	+0.0100%	1h	801.80	+0.020%	$1.4M	$2.8M	20x	as long as short
Pacifica BNB	+0.0100%	1h	801.64	−0.001%	$1.2M	$926K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	801.30	−0.043%	$54.8M	$117.4M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	802.10	+0.057%	$53K	$170K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	801.40	−0.031%	$35.8M	$58.4M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	801.35	−0.037%	$28.0M	$10.7M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	801.31	−0.042%	$81.0M	$26.9M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	801.89	+0.030%	$4.2M	$77.4M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	801.93	+0.035%	$161K	$441K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	801.66	+0.002%	$121K	$880K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	801.67	+0.003%	$387K	$568K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	801.86	+0.027%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	802.25	+0.075%	$12K	$1.7M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	801.69	+0.005%	$8.2M	$7.9M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	801.98	+0.042%	$78K	$19K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	801.20	−0.056%	$1.8M	$6.2M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	801.85	+0.025%	$385K	$40K	10x	as long as short
SoDEX BNB-USD	+0.0115%	1h	801.80	+0.019%	$394K	$1.0M	10x	as long as short
MEXC BNB_USDT	+0.0118%	8h	802.50	+0.107%	$83.5M	$13.8M	200x	as long as short
Binance BNBUSDT	+0.0119%	8h	801.97	+0.040%	$503.9M	$828.8M	75x	as long as short
Phemex BNBUSDT	+0.0121%	8h	802.18	+0.067%	$70.1M	$51.7M	50x	as long as short
Phoenix BNB	+0.0155%	1h	801.68	+0.004%	$172K	$35K	10x	as long as short
Hibachi BNB/USDT-Plong	+0.0168%	1h	801.65	long leg	$71K	$48K	12x
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	802.11	+0.058%	$1.6M	$165K	25x	as long as short
Kraken Futures PF_BNBUSD	+0.0206%	1h	801.56	−0.011%	$2.6M	$983K	50x	as long as short
dYdX BNB-USD	+0.0232%	1h	801.98	+0.041%	$162K	$62K	10x	as long as short
BloFin BNB-USDT	+0.0239%	8h	802.28	+0.079%	$18.4M	$2.6M	75x	as long as short
Hyperliquid BNB	+0.0301%	1h	802.35	+0.088%	$51.9M	$21.9M	10x	as long as short
Injective BNB/USDC PERP	+0.0311%	1h	805.09	+0.430%	$19K	$789K	30x	as long as short
RISEx BNB/USDC	+0.0318%	1h	801.92	+0.034%	$1.1M	$1.4M	20x	as long as short
01 Exchange BNBUSD	+0.0328%	1h	802.49	+0.105%	$28K	$1K	10x	as long as short
Reya BNBRUSDPERP	+0.0333%	1h	801.32	−0.041%	$6K	$3K	40x	as long as short
Bulk BNB-USD	+0.0354%	1h	801.59	−0.008%	$651K	$21K	10x	as long as short
Backpack BNB_USDC_PERP	+0.0633%	1h	802.37	+0.090%	$2.7M	$5.7M	40x	as long as short