Funding you earn now, next payment 03:00 UTC−0.0444%/8h= −48.6% APRnext payment −$0.55 per $10,000 · paid last 24h −0.073%
Price spread now: Pacifica against Hibachi−0.120%46s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.431%−$43 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHibachi: Active · Pacifica: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Pacifica is 0.120% 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. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hibachi BNB/USDT-P | 789.41 | 0.0544 | pay 0.0068% / 1h | 54m 43s | $67K | $39K | 12x |
| Short | Pacifica BNB | 788.46 | 0.0100 | get 0.0013% / 1h | 54m 43s | $1.2M | $909K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$93.24
- Price spread: −0.120% → 0.000%
- −$12.03
- Slippage, 4 orders
- no order book: not counted
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$122.27
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Hibachi: no order-book sample; Pacifica: live order book, 4 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 Pacifica live order book, 4 min ago | 0.06 bp | 5.2 bp −$5 | doesn't fit | 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 45 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 −0.0167% / S +0.0335% | 1h | 788.05 | −0.172% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 788.91 | −0.063% | $4K | $239 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 790.38 | +0.123% | $854K | $3.2M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 788.03 | −0.175% | $9.6M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +1.986% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0035% | 8h | 788.86 | −0.070% | $6.2M | $18.7M | 200x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0048% | 1h | 789.66 | +0.032% | $619K | $1.8M | 50x | as long as short |
| BingX BNB-USDC | +0.0053% | 8h | 788.66 | −0.095% | — | $13.4M | — | as long as short |
| Phemex BNBUSDT | +0.0060% | 8h | 788.69 | −0.091% | $69.0M | $50.8M | 50x | as long as short |
| Variational Omni BNB | +0.0066% | 8h | 789.32 | −0.011% | $4.1M | $4.8M | — | as long as short |
Show all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BNB_USDT | +0.0069% | 8h | 789.00 | −0.052% | $80.4M | $12.4M | 200x | as long as short |
| Binance BNBUSDT | +0.0070% | 8h | 788.86 | −0.070% | $493.9M | $808.7M | 75x | as long as short |
| Gate BNB_USDT | +0.0081% | 8h | 788.40 | −0.128% | $35.4M | $56.3M | 75x | as long as short |
| Phoenix BNB | +0.0088% | 1h | 789.07 | −0.043% | $170K | $35K | 10x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0091% | 1h | 788.10 | −0.166% | $2.5M | $1.2M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 788.48 | −0.118% | $2.8M | $3.9M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 788.07 | −0.170% | $381K | $380K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 788.35 | −0.134% | $1.5M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 788.83 | −0.073% | $51.7M | $18.4M | 10x | as long as short |
| Pacifica BNBshort | +0.0100% | 1h | 788.46 | −0.120% | $1.2M | $909K | 20x | |
| Bybit BNBUSDT | +0.0100% | 8h | 788.20 | −0.153% | $138.7M | $78.1M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 788.10 | −0.166% | $53.3M | $112.4M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 788.60 | −0.103% | $52K | $130K | 10x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 788.05 | −0.172% | $27.8M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 788.12 | −0.163% | $76.9M | $30.0M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 788.79 | −0.078% | $2.2M | $6.1M | 40x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 788.30 | −0.140% | $4.1M | $76.4M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 788.22 | −0.151% | $158K | $439K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 788.00 | −0.179% | $137K | $945K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 788.19 | −0.154% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 788.92 | −0.062% | $12K | $1.6M | 50x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 788.58 | −0.105% | $8.1M | $9.0M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0102% | 8h | 788.99 | −0.053% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 788.31 | −0.139% | $1.8M | $5.9M | 50x | as long as short |
| GRVT BNB_USDT_Perp | +0.0104% | 8h | 788.27 | −0.144% | $2.9M | $27.9M | 10x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 788.26 | −0.146% | $379K | $110K | 10x | as long as short |
| SoDEX BNB-USD | +0.0115% | 1h | 788.30 | −0.141% | $388K | $1.0M | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0175% | 8h | 788.70 | −0.090% | $91K | $2.8M | 4.8x | as long as short |
| dYdX BNB-USD | +0.0222% | 1h | 788.30 | −0.141% | $159K | $64K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 788.54 | −0.110% | $1.5M | $160K | 25x | as long as short |
| 01 Exchange BNBUSD | +0.0320% | 1h | 789.04 | −0.047% | $28K | $4K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0328% | 1h | 787.81 | −0.203% | $6K | $3K | 40x | as long as short |
| Bulk BNB-USD | +0.0340% | 1h | 789.39 | −0.002% | $639K | $13K | 10x | as long as short |
| RISEx BNB/USDC | +0.0361% | 1h | 788.75 | −0.084% | $1.1M | $1.1M | 20x | as long as short |
| Hibachi BNB/USDT-Plong | +0.0544% | 1h | 789.41 | long leg | $67K | $39K | 12x |
Pacifica BNB
GMX BNB/USD [WBTC.b-USDC]
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
Aster BNBUSDT
Coinbase International BNB-PERP-INTX
BingX BNB-USDC
Phemex BNBUSDT
Variational Omni BNB
MEXC BNB_USDT
Binance BNBUSDT
Gate BNB_USDT
Phoenix BNB
Kraken Futures PF_BNBUSD
Lighter BNB
Hyperliquid BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
GRVT BNB_USDT_Perp
SoDEX BNB-USD
Kalshi KXBNBPERP
Deribit BNB_USDC-PERPETUAL
01 Exchange BNBUSD
Bulk BNB-USD
RISEx BNB/USDC