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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0124%/8h= −13.6% APRpaid last 24h −0.075%
Price spread now: HTX against Hibachi−0.103%7-day average · you buy dearer than you sell
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−0.432%−$43 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 against this trade now: funding costs −$4 a day on $10k at the current rate, and HTX is 0.103% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHibachi BNB/USDT-P800.580.0224pay 0.0028% / 1h22m 33s$69K$38K12x
ShortHTX BNB-USDT799.760.0100get 0.0100% / 8h7h 22m$8.2M$8.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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

Funding earned
−$26.04
Price spread: −0.103% → 0.000%
−$10.26
Slippage, 4 orders
no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders
−$9
Fee HTX: 6 bp × 2 orders
−$12
Net
−$57.3
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Hibachi: no order-book sample; HTX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Hibachi no order-book sample
Sell HTX live order book, 2 min ago0.73 bp7.9 bp −$816.9 bp −$16944.8 bp −$4,485doesn't fit
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 −0.0159% / S +0.0335%1h799.49−0.137%$47K200xas long as short
Kraken Futures PF_BNBUSD−0.0121%1h799.09−0.187%$2.5M$1.0M50xas long as short
Hotstuff BNB-PERP−0.0080%1h799.11−0.184%$4K$23925xas long as short
BingX BNB-USDC−0.0024%8h799.59−0.124%$13.3Mas long as short
GRVT BNB_USDT_Perp0.0000%8h800.63+0.006%$3.0M$27.7M10xas long as short
StandX BNB-USD0.0000%1h800.87+0.036%$866K$2.9M30xas long as short
Phemex BNBUSDT0.0000%8h799.77−0.102%$69.9M$50.1M50xas long as short
Variational Omni BNB+0.0003%8h799.72−0.108%$4.1M$5.2Mas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h799.45−0.141%$9.7M150xas long as short
Bybit BNBUSDT+0.0010%8h798.40−0.273%$138.8M$76.2M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BNB_USDT+0.0020%8h798.70−0.235%$35.8M$56.6M75xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+0.563%$19K$789K30xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h800.80+0.027%$617K$1.1M50xas long as short
Aster BNBUSDT+0.0057%8h799.06−0.190%$6.2M$19.4M200xas long as short
Binance BNBUSDT+0.0079%8h799.14−0.180%$496.1M$811.9M75xas long as short
MEXC BNB_USDT+0.0079%8h799.80−0.098%$83.2M$13.7M200xas long as short
Lighter BNB+0.0096%1h799.29−0.162%$2.8M$4.0M20xas long as short
Phoenix BNB+0.0099%1h800.45−0.017%$172K$36K10xas long as short
Nado BNB-PERP+0.0100%1h799.30−0.160%$1.5M$2.7M20xas long as short
Pacifica BNB+0.0100%1h799.22−0.170%$1.2M$924K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h798.50−0.260%$54.2M$111.2M50xas long as short
Arcus BNB-USD+0.0100%1h799.10−0.185%$53K$133K10xas long as short
KuCoin BNBUSDTM+0.0100%8h798.69−0.236%$27.9M$10.1M75xas long as short
Bitget BNBUSDT+0.0100%8h798.41−0.271%$78.2M$28.1M75xas long as short
edgeX BNBUSDC+0.0100%4h800.60+0.002%$4.2M$76.6M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h799.54−0.130%$161K$435K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h799.47−0.139%$115K$882K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h799.02−0.195%$386K$459K50xas long as short
Derive BNB-PERP+0.0100%1h799.15−0.180%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h800.02−0.071%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h799.20−0.173%$393K$998K10xas long as short
HTX BNB-USDTshort+0.0100%8h799.76−0.103%$8.2M$8.3M75x
Paradex BNB-USD-PERP+0.0100%8h799.37−0.151%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h798.37−0.276%$1.8M$6.0M50xas long as short
Aevo BNB-PERP+0.0104%1h799.08−0.187%$384K$110K10xas long as short
Bulk BNB-USD+0.0127%1h799.28−0.163%$649K$10K10xas long as short
RISEx BNB/USDC+0.0155%1h798.78−0.225%$1.1M$1.4M20xas long as short
Kalshi KXBNBPERP+0.0156%8h799.80−0.098%$90K$2.8M4.8xas long as short
BloFin BNB-USDT+0.0200%8h799.81−0.097%$18.1M$2.6M75xas long as short
01 Exchange BNBUSD+0.0200%1h798.88−0.213%$28K$1K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h799.64−0.118%$1.6M$161K25xas long as short
dYdX BNB-USD+0.0202%1h799.08−0.187%$161K$63K10xas long as short
Hibachi BNB/USDT-Plong+0.0224%1h800.58long leg$69K$38K12x
Hyperliquid BNB+0.0302%1h799.60−0.123%$53.1M$20.3M10xas long as short
Reya BNBRUSDPERP+0.0330%1h799.26−0.165%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0396%1h799.92−0.083%$2.7M$5.7M40xas long as short