BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0479%/8h= −52.4% APRnext payment −$0.60 per $10,000 · paid last 24h −0.076%

Price spread now: Injective against Hibachi+2.158%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 Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−0.620%−$62 on $10k

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 pays, funding is against you. Injective is 2.158% dearer against Hibachi than usual: you sell high and buy low (spread +2.158% now, against zero (this spread has no 7-day history yet)): +$216 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 15 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hibachi BNB/USDT-P	788.08	0.0512	pay 0.0064% / 1h	24m 57s	$67K	$39K	12x
Short	Injective BNB/USDC PERP	805.09	0.0033	get 0.0004% / 1h	24m 57s	$19K	$789K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +2.158%Rate

Funding earned: −$100.52
Price spread: +2.158% → 0.000%: $215.84
Slippage, 4 orders: no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders: −$9
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $106.3
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: Hibachi: no order-book sample; Injective: 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 Injective no order-book sample	—	—	—	—	—

Hibachi and Injective: 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	787.63	−0.057%	$43K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	787.85	−0.029%	$4K	$42	25x	as long as short
StandX BNB-USD	0.0000%	1h	788.35	+0.034%	$850K	$2.8M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	787.94	−0.018%	$9.5M	—	150x	as long as short
Injective BNB/USDC PERPshort	+0.0033%	1h	805.09	+2.158%	$19K	$789K	30x
BingX BNB-USDT	+0.0051%	8h	787.82	−0.033%	—	$22.3M	—	as long as short
Aster BNBUSDT	+0.0052%	8h	788.16	+0.010%	$6.1M	$18.8M	200x	as long as short
MEXC BNB_USDT	+0.0064%	8h	788.60	+0.066%	$81.1M	$12.1M	200x	as long as short
Binance BNBUSDT	+0.0065%	8h	788.05	−0.004%	$490.8M	$817.9M	75x	as long as short
dYdX BNB-USD	+0.0072%	1h	788.07	−0.002%	$160K	$62K	10x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex BNBUSDT	+0.0076%	8h	788.45	+0.047%	$68.9M	$51.1M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0080%	1h	787.30	−0.099%	$568K	$1.9M	50x	as long as short
Lighter BNB	+0.0096%	1h	787.91	−0.022%	$2.7M	$3.8M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	787.51	−0.073%	$1.4M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	788.23	+0.019%	$51.6M	$17.7M	10x	as long as short
Pacifica BNB	+0.0100%	1h	787.77	−0.039%	$1.2M	$933K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	787.40	−0.086%	$138.6M	$75.1M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	787.50	−0.074%	$53.6M	$113.3M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	788.00	−0.010%	$52K	$129K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	787.75	−0.042%	$37.6M	$59.2M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	787.23	−0.108%	$27.7M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	787.31	−0.098%	$76.2M	$31.2M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	788.05	−0.004%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	787.71	−0.047%	$4.1M	$4.8M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	787.92	−0.020%	$4.1M	$76.1M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	788.27	+0.024%	$159K	$437K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	788.00	−0.010%	$132K	$951K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	787.91	−0.022%	$265K	$470K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	786.03	−0.260%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	788.38	+0.039%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	788.00	−0.010%	$387K	$981K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	787.81	−0.034%	$8.0M	$10.2M	75x	as long as short
Paradex BNB-USD-PERP	+0.0101%	8h	788.17	+0.011%	$78K	$18K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	787.21	−0.110%	$1.8M	$6.1M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	787.88	−0.026%	$378K	$110K	10x	as long as short
Phoenix BNB	+0.0135%	1h	788.01	−0.009%	$169K	$35K	10x	as long as short
Kalshi KXBNBPERP	+0.0137%	8h	788.00	−0.010%	$170K	$2.7M	4.8x	as long as short
BloFin BNB-USDT	+0.0185%	8h	788.46	+0.048%	$17.7M	$2.2M	75x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	788.27	+0.025%	$1.5M	$145K	25x	as long as short
Kraken Futures PF_BNBUSD	+0.0205%	1h	787.76	−0.041%	$2.5M	$1.2M	50x	as long as short
GRVT BNB_USDT_Perp	+0.0230%	8h	788.36	+0.036%	$2.9M	$29.5M	10x	as long as short
01 Exchange BNBUSD	+0.0248%	1h	788.54	+0.058%	$28K	$4K	10x	as long as short
Bulk BNB-USD	+0.0291%	1h	787.29	−0.100%	$638K	$4K	10x	as long as short
Reya BNBRUSDPERP	+0.0322%	1h	787.81	−0.035%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0438%	1h	788.27	+0.024%	$1.1M	$915K	20x	as long as short
Hibachi BNB/USDT-Plong	+0.0512%	1h	788.08	long leg	$67K	$39K	12x