Funding you earn now, next payment 07:00 UTC−0.0456%/8h= −49.9% APRnext payment −$0.57 per $10,000 · paid last 24h −0.076%
Price spread now: Lighter against Hibachi−0.082%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−0.540%−$54 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHibachi: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Lighter is 0.082% cheaper against Hibachi than usual: you would sell low and buy high (−$8 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 | 787.31 | 0.0552 | pay 0.0069% / 1h | 44m 13s | $67K | $39K | 12x |
| Short | Lighter BNB | 786.67 | 0.0096 | get 0.0012% / 1h | 44m 13s | $2.7M | $3.8M | 20x |
Hibachi BNB/USDT-P
Lighter BNBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$95.76
- Price spread: −0.082% → 0.000%
- −$8.16
- Slippage, 4 orders
- no order book: not counted
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$112.92
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Hibachi: no order-book sample; Lighter: live order book, 3 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 Lighter live order book, 3 min ago | 1.06 bp | 1.1 bp −$1 | 3.8 bp −$38 | 13.2 bp −$1,315 | 69.8 bp −$34.9K |
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 | 786.64 | −0.086% | $43K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 786.54 | −0.098% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 786.82 | −0.063% | $849K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 786.74 | −0.073% | $9.5M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.258% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0049% | 8h | 787.19 | −0.016% | $6.1M | $19.0M | 200x | as long as short |
| BingX BNB-USDT | +0.0054% | 8h | 786.72 | −0.076% | — | $22.3M | — | as long as short |
| MEXC BNB_USDT | +0.0066% | 8h | 787.60 | +0.036% | $81.0M | $12.0M | 200x | as long as short |
| Binance BNBUSDT | +0.0067% | 8h | 787.10 | −0.027% | $490.3M | $816.5M | 75x | as long as short |
| dYdX BNB-USD | +0.0071% | 1h | 786.47 | −0.108% | $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-USDT
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 | +0.0076% | 8h | 787.11 | −0.026% | $68.9M | $51.0M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0080% | 1h | 786.88 | −0.055% | $568K | $1.9M | 50x | as long as short |
| Lighter BNBshort | +0.0096% | 1h | 786.67 | −0.082% | $2.7M | $3.8M | 20x | |
| Nado BNB-PERP | +0.0100% | 1h | 786.50 | −0.103% | $1.4M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 787.04 | −0.035% | $1.2M | $933K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 786.50 | −0.103% | $138.4M | $75.3M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 786.40 | −0.116% | $53.5M | $113.1M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 787.10 | −0.027% | $52K | $129K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 786.60 | −0.091% | $37.1M | $58.8M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 786.68 | −0.081% | $27.7M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 786.49 | −0.105% | $76.1M | $31.1M | 75x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 785.91 | −0.178% | $4.0M | $4.8M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 786.94 | −0.048% | $4.1M | $76.0M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 787.08 | −0.030% | $158K | $437K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 786.67 | −0.082% | $131K | $949K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 786.61 | −0.089% | $265K | $470K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 786.82 | −0.063% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 787.22 | −0.012% | $13K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 786.70 | −0.078% | $387K | $984K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 786.97 | −0.043% | $8.0M | $10.1M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0101% | 8h | 787.20 | −0.015% | $76K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 786.28 | −0.132% | $1.8M | $6.2M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 786.63 | −0.087% | $378K | $110K | 10x | as long as short |
| Backpack BNB_USDC_PERP | +0.0116% | 1h | 786.92 | −0.050% | $2.2M | $6.1M | 40x | as long as short |
| Hyperliquid BNB | +0.0119% | 1h | 787.12 | −0.025% | $51.5M | $17.6M | 10x | as long as short |
| Phoenix BNB | +0.0135% | 1h | 786.68 | −0.081% | $169K | $35K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0140% | 8h | 787.30 | −0.002% | $170K | $2.7M | 4.8x | as long as short |
| BloFin BNB-USDT | +0.0187% | 8h | 787.52 | +0.026% | $17.8M | $2.2M | 75x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 787.02 | −0.037% | $1.5M | $143K | 25x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0206% | 1h | 786.50 | −0.104% | $2.5M | $1.2M | 50x | as long as short |
| GRVT BNB_USDT_Perp | +0.0227% | 8h | 787.04 | −0.035% | $2.9M | $29.5M | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0264% | 1h | 787.40 | +0.011% | $28K | $4K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0322% | 1h | 786.41 | −0.115% | $6K | $3K | 40x | as long as short |
| Bulk BNB-USD | +0.0328% | 1h | 787.20 | −0.014% | $638K | $4K | 10x | as long as short |
| RISEx BNB/USDC | +0.0438% | 1h | 787.13 | −0.024% | $1.1M | $914K | 20x | as long as short |
| Hibachi BNB/USDT-Plong | +0.0552% | 1h | 787.31 | long leg | $67K | $39K | 12x |
Phemex BNBUSDT
Coinbase International BNB-PERP-INTX
Nado BNB-PERP
Pacifica BNB
Bybit BNBUSDT
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
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Backpack BNB_USDC_PERP
Hyperliquid BNB
Phoenix BNB
Kalshi KXBNBPERP
BloFin BNB-USDT
Deribit BNB_USDC-PERPETUAL
Kraken Futures PF_BNBUSD
GRVT BNB_USDT_Perp
01 Exchange BNBUSD
Reya BNBRUSDPERP
Bulk BNB-USD
RISEx BNB/USDC