Funding you earn now, next payment 03:00 UTC−0.0476%/8h= −52.1% APRnext payment −$0.60 per $10,000 · paid last 24h −0.073%
Price spread now: Nado against Hibachi−0.124%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 · Nado: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Nado is 0.124% cheaper against Hibachi than usual: you would sell low and buy high (−$12 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 | 790.23 | 0.0576 | pay 0.0072% / 1h | 2m 46s | $67K | $38K | 12x |
| Short | Nado BNB-PERP | 789.25 | 0.0100 | get 0.0012% / 1h | 2m 46s | $1.5M | $2.6M | 20x |
Hibachi BNB/USDT-P
Nado BNB-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- −$99.96
- Price spread: −0.124% → 0.000%
- −$12.39
- Slippage, 4 orders
- no order book: not counted
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$128.35
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Hibachi: no order-book sample; Nado: live order book, 1 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 Nado live order book, 1 min ago | 0.06 bp | 4.1 bp −$4 | 9.8 bp −$98 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX BNB/USD [WBTC.b-USDC] | L −0.0181% / S +0.0347% | 1h | 790.06 | −0.022% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 790.11 | −0.015% | $4K | $239 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 791.07 | +0.106% | $855K | $3.1M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 790.02 | −0.027% | $9.6M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +1.881% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0047% | 8h | 790.67 | +0.056% | $6.2M | $18.7M | 200x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0048% | 1h | 790.10 | −0.016% | $590K | $1.9M | 50x | as long as short |
| BingX BNB-USDT | +0.0057% | 8h | 790.24 | +0.001% | — | $34.3M | — | as long as short |
| Phemex BNBUSDT | +0.0068% | 8h | 790.17 | −0.007% | $69.2M | $50.3M | 50x | as long as short |
| MEXC BNB_USDT | +0.0071% | 8h | 791.20 | +0.123% | $80.4M | $12.5M | 200x | 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
Coinbase International BNB-PERP-INTX
BingX BNB-USDT
Phemex BNBUSDT
MEXC BNB_USDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNBUSDT | +0.0071% | 8h | 790.83 | +0.076% | $493.6M | $791.3M | 75x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0091% | 1h | 789.86 | −0.046% | $2.5M | $1.2M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 790.39 | +0.021% | $2.7M | $3.9M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 790.18 | −0.006% | $266K | $498K | 50x | as long as short |
| Nado BNB-PERPshort | +0.0100% | 1h | 789.25 | −0.124% | $1.5M | $2.6M | 20x | |
| Hyperliquid BNB | +0.0100% | 1h | 790.92 | +0.087% | $51.9M | $17.5M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 790.55 | +0.040% | $1.2M | $914K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 790.00 | −0.029% | $139.0M | $76.1M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 790.10 | −0.016% | $53.4M | $111.7M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 789.90 | −0.042% | $52K | $130K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 790.15 | −0.010% | $35.4M | $57.6M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 790.00 | −0.029% | $27.7M | $10.4M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 789.99 | −0.030% | $76.6M | $30.3M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 790.49 | +0.033% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 789.30 | −0.118% | $4.1M | $4.6M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 790.24 | +0.001% | $4.1M | $74.8M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 790.01 | −0.028% | $159K | $441K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 790.06 | −0.021% | $133K | $949K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 790.32 | +0.011% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 790.14 | −0.011% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 790.20 | −0.004% | $388K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 789.95 | −0.035% | $8.1M | $9.3M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0102% | 8h | 790.95 | +0.091% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 789.70 | −0.067% | $1.8M | $5.9M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 790.00 | −0.029% | $379K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0107% | 1h | 790.39 | +0.020% | $170K | $35K | 10x | as long as short |
| GRVT BNB_USDT_Perp | +0.0138% | 8h | 790.45 | +0.028% | $2.9M | $28.0M | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0184% | 8h | 790.90 | +0.085% | $105K | $2.7M | 4.8x | as long as short |
| dYdX BNB-USD | +0.0191% | 1h | 789.65 | −0.073% | $160K | $64K | 10x | as long as short |
| BloFin BNB-USDT | +0.0191% | 8h | 790.74 | +0.065% | $18.2M | $2.2M | 75x | as long as short |
| 01 Exchange BNBUSD | +0.0280% | 1h | 790.31 | +0.010% | $28K | $4K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 790.59 | +0.046% | $1.5M | $143K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0327% | 1h | 789.75 | −0.061% | $6K | $3K | 40x | as long as short |
| Bulk BNB-USD | +0.0338% | 1h | 790.78 | +0.070% | $640K | $9K | 10x | as long as short |
| RISEx BNB/USDC | +0.0361% | 1h | 790.08 | −0.019% | $1.1M | $979K | 20x | as long as short |
| Hibachi BNB/USDT-Plong | +0.0576% | 1h | 790.23 | long leg | $67K | $38K | 12x |
Binance BNBUSDT
Kraken Futures PF_BNBUSD
Lighter BNB
Orderly PERP_BNB_USDC
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
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
Phoenix BNB
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
dYdX BNB-USD
BloFin BNB-USDT
01 Exchange BNBUSD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
Bulk BNB-USD
RISEx BNB/USDC