Funding you earn now, next payment 02:00 UTC+0.0334%/8h= +36.6% APRnext payment +$0.42 per $10,000 · paid last 24h +0.012%
Price spread now: Hibachi against Hyperliquid+0.043%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.423%+$42 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · Hibachi: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Hibachi is 0.043% dearer against Hyperliquid than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid BNB | 793.43 | 0.0122 | pay 0.0015% / 1h | 47m 04s | $52.6M | $19.8M | 10x |
| Short | Hibachi BNB/USDT-P | 793.77 | 0.0456 | get 0.0057% / 1h | 47m 04s | $68K | $38K | 12x |
Hyperliquid BNB
Hibachi BNB/USDT-PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi against Hyperliquid. 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
- $70.1
- Price spread: +0.043% → 0.000%
- $4.25
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- $56.35
- Costs to cover
- 0.180%
- Break-even
- 1.4 days
Slippage unknown: Hyperliquid: live order book, 6 min ago; Hibachi: 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 Hyperliquid live order book, 6 min ago | 0.50 bp | 6.0 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hibachi no order-book sample | — | — | — | — | — |
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 −0.0161% / S +0.0334% | 1h | 792.68 | −0.094% | $47K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0132% | 1h | 792.59 | −0.106% | $2.5M | $1.0M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 793.29 | −0.018% | $4K | $239 | 25x | as long as short |
| Gate BNB_USDT | −0.0029% | 8h | 792.55 | −0.111% | $35.4M | $55.3M | 75x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 794.21 | +0.098% | $858K | $3.0M | 30x | as long as short |
| GRVT BNB_USDT_Perp | +0.0002% | 8h | 793.91 | +0.060% | $3.0M | $28.4M | 10x | as long as short |
| Variational Omni BNB | +0.0006% | 8h | 792.93 | −0.063% | $4.1M | $5.1M | — | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 792.71 | −0.091% | $9.7M | — | 150x | as long as short |
| Aster BNBUSDT | +0.0033% | 8h | 793.06 | −0.047% | $6.1M | $19.9M | 200x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +1.470% | $19K | $789K | 30x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Hotstuff BNB-PERP
Gate BNB_USDT
StandX BNB-USD
GRVT BNB_USDT_Perp
Variational Omni BNB
gTrade (Gains Network) BNB/USD
Aster BNBUSDT
Injective BNB/USDC PERPShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BNB-USDC | +0.0036% | 8h | 792.83 | −0.076% | — | $13.3M | — | as long as short |
| dYdX BNB-USD | +0.0038% | 1h | 792.47 | −0.121% | $160K | $63K | 10x | as long as short |
| Phemex BNBUSDT | +0.0046% | 8h | 793.29 | −0.018% | $69.3M | $50.3M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0056% | 1h | 792.52 | −0.115% | $608K | $1.1M | 50x | as long as short |
| MEXC BNB_USDT | +0.0062% | 8h | 793.50 | +0.009% | $82.3M | $12.7M | 200x | as long as short |
| Binance BNBUSDT | +0.0062% | 8h | 793.38 | −0.007% | $493.6M | $815.1M | 75x | as long as short |
| Bybit BNBUSDT | +0.0080% | 8h | 792.68 | −0.095% | $138.1M | $77.0M | 75x | as long as short |
| Phoenix BNB | +0.0088% | 1h | 792.08 | −0.170% | $170K | $36K | 10x | as long as short |
| Lighter BNB | +0.0096% | 1h | 792.74 | −0.087% | $2.8M | $3.9M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 792.39 | −0.131% | $383K | $409K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 792.75 | −0.086% | $1.4M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 792.65 | −0.098% | $1.2M | $932K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 792.70 | −0.092% | $53.2M | $111.0M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 793.00 | −0.054% | $52K | $134K | 10x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 792.60 | −0.105% | $27.7M | $10.0M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 792.50 | −0.117% | $77.4M | $28.3M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 793.89 | +0.058% | $4.1M | $76.8M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 793.99 | +0.071% | $160K | $435K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 792.68 | −0.095% | $112K | $887K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 792.60 | −0.105% | $32K | $9K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 793.17 | −0.033% | $13K | $1.6M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 792.70 | −0.092% | $390K | $995K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 792.29 | −0.143% | $8.1M | $8.7M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 793.05 | −0.048% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 792.10 | −0.168% | $1.7M | $6.0M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 792.49 | −0.119% | $381K | $110K | 10x | as long as short |
| Hyperliquid BNBlong | +0.0122% | 1h | 793.43 | long leg | $52.6M | $19.8M | 10x | |
| RISEx BNB/USDC | +0.0131% | 1h | 793.06 | −0.046% | $1.1M | $1.4M | 20x | as long as short |
| Kalshi KXBNBPERP | +0.0159% | 8h | 793.30 | −0.016% | $106K | $2.8M | 4.8x | as long as short |
| Bulk BNB-USD | +0.0167% | 1h | 793.21 | −0.028% | $644K | $10K | 10x | as long as short |
| BloFin BNB-USDT | +0.0182% | 8h | 794.06 | +0.079% | $18.1M | $2.5M | 75x | as long as short |
| 01 Exchange BNBUSD | +0.0232% | 1h | 793.49 | +0.008% | $28K | $1K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 792.93 | −0.063% | $1.6M | $161K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0329% | 1h | 792.51 | −0.116% | $6K | $3K | 40x | as long as short |
| Backpack BNB_USDC_PERP | +0.0366% | 1h | 793.53 | +0.013% | $2.7M | $5.7M | 40x | as long as short |
| Hibachi BNB/USDT-Pshort | +0.0456% | 1h | 793.77 | +0.043% | $68K | $38K | 12x |
BingX BNB-USDC
dYdX BNB-USD
Phemex BNBUSDT
Coinbase International BNB-PERP-INTX
MEXC BNB_USDT
Binance BNBUSDT
Bybit BNBUSDT
Phoenix BNB
Lighter BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
KuCoin BNBUSDTM
Bitget BNBUSDT
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
RISEx BNB/USDC
Kalshi KXBNBPERP
Bulk BNB-USD
BloFin BNB-USDT
01 Exchange BNBUSD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
Backpack BNB_USDC_PERP