Funding you earn now, next payment 07:00 UTC−0.0444%/8h= −48.6% APRnext payment −$0.55 per $10,000 · paid last 24h −0.071%
Price spread now: SoDEX against Hibachi−0.072%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
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and SoDEX is 0.072% cheaper against Hibachi than usual: you would sell low and buy high (−$7 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 | 786.57 | 0.0544 | pay 0.0068% / 1h | 40m 17s | $67K | $39K | 12x |
| Short | SoDEX BNB-USD | 786.00 | 0.0100 | get 0.0013% / 1h | 40m 17s | $386K | $984K | 10x |
Hibachi BNB/USDT-P
SoDEX BNB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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: −0.072% → 0.000%
- −$7.23
- Slippage, 4 orders
- no order book: not counted
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$117.47
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Hibachi: no order-book sample; SoDEX: live order book, 13 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 SoDEX live order book, 13 min ago | 0.63 bp | 5.3 bp −$5 | 9.2 bp −$92 | 82.3 bp −$8,232 | 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 −0.0170% / S +0.0337% | 1h | 785.94 | −0.080% | $43K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 786.37 | −0.025% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 787.13 | +0.071% | $849K | $2.8M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 785.98 | −0.075% | $9.5M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.355% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0049% | 8h | 786.47 | −0.013% | $6.0M | $18.9M | 200x | as long as short |
| BingX BNB-USDT | +0.0053% | 8h | 786.13 | −0.056% | — | $22.3M | — | as long as short |
| dYdX BNB-USD | +0.0062% | 1h | 786.47 | −0.013% | $159K | $62K | 10x | as long as short |
| MEXC BNB_USDT | +0.0065% | 8h | 787.00 | +0.055% | $81.0M | $12.0M | 200x | as long as short |
| Binance BNBUSDT | +0.0066% | 8h | 786.38 | −0.024% | $489.9M | $816.3M | 75x | 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
dYdX BNB-USD
MEXC BNB_USDT
Binance BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex BNBUSDT | +0.0075% | 8h | 786.57 | 0.000% | $68.8M | $50.9M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0080% | 1h | 786.88 | +0.040% | $568K | $1.9M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 786.05 | −0.066% | $2.7M | $3.8M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 786.05 | −0.066% | $1.4M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 786.30 | −0.034% | $1.2M | $933K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 785.73 | −0.107% | $138.3M | $75.3M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 785.80 | −0.098% | $53.4M | $112.9M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 786.30 | −0.034% | $52K | $129K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 786.05 | −0.066% | $37.2M | $58.9M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 785.60 | −0.123% | $27.6M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 785.65 | −0.117% | $76.1M | $31.1M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 786.63 | +0.008% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 785.91 | −0.083% | $4.0M | $4.8M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 786.84 | +0.035% | $4.1M | $76.1M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 786.27 | −0.038% | $158K | $437K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 785.92 | −0.082% | $131K | $949K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 785.91 | −0.084% | $264K | $470K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 786.47 | −0.013% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 786.58 | +0.002% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USDshort | +0.0100% | 1h | 786.00 | −0.072% | $386K | $984K | 10x | |
| HTX BNB-USDT | +0.0100% | 8h | 786.38 | −0.024% | $8.0M | $10.1M | 75x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 786.58 | +0.001% | $51.5M | $17.7M | 10x | as long as short |
| Paradex BNB-USD-PERP | +0.0101% | 8h | 786.78 | +0.027% | $76K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 785.58 | −0.126% | $1.8M | $6.1M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 785.93 | −0.082% | $378K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0135% | 1h | 786.77 | +0.026% | $169K | $35K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0139% | 8h | 786.70 | +0.017% | $171K | $2.7M | 4.8x | as long as short |
| BloFin BNB-USDT | +0.0186% | 8h | 786.93 | +0.046% | $17.8M | $2.2M | 75x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 786.29 | −0.035% | $1.5M | $143K | 25x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0206% | 1h | 785.73 | −0.107% | $2.5M | $1.2M | 50x | as long as short |
| GRVT BNB_USDT_Perp | +0.0229% | 8h | 787.39 | +0.104% | $2.9M | $29.5M | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0256% | 1h | 786.51 | −0.007% | $28K | $4K | 10x | as long as short |
| Bulk BNB-USD | +0.0305% | 1h | 787.08 | +0.066% | $638K | $4K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0322% | 1h | 785.71 | −0.109% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0438% | 1h | 786.32 | −0.031% | $1.1M | $914K | 20x | as long as short |
| Hibachi BNB/USDT-Plong | +0.0544% | 1h | 786.57 | long leg | $67K | $39K | 12x |
Phemex BNBUSDT
Coinbase International BNB-PERP-INTX
Lighter BNB
Nado BNB-PERP
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
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
HTX BNB-USDT
Hyperliquid BNB
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
Kalshi KXBNBPERP
BloFin BNB-USDT
Deribit BNB_USDC-PERPETUAL
Kraken Futures PF_BNBUSD
GRVT BNB_USDT_Perp
01 Exchange BNBUSD
Bulk BNB-USD
Reya BNBRUSDPERP
RISEx BNB/USDC