Settings8H · net · $10k
Funding arb · Price arb /

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0348%/8h= +38.1% APRpaid last 24h +0.077%
Price spread now: Hibachi against OKX+0.099%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.535%+$53 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHibachi: 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 0.099% dearer against OKX than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BNB-USDT-SWAP786.200.0100pay 0.0100% / 8h53m 18s$53.5M$113.1M50x
ShortHibachi BNB/USDT-P786.980.0448get 0.0056% / 1h53m 18s$67K$39K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against OKX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$73.08
Price spread: +0.099% → 0.000%
$9.92
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
$64
Costs to cover
0.190%
Break-even
0.9 days
Slippage unknown: OKX: 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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 6 min ago0.64 bp5.6 bp −$67.5 bp −$7521.7 bp −$2,171doesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0170% / S +0.0337%1h786.24+0.005%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h787.17+0.123%$4K$4225xas long as short
Kraken Futures PF_BNBUSD−0.0050%1h786.29+0.011%$2.5M$1.2M50xas long as short
StandX BNB-USD0.0000%1h787.08+0.112%$849K$2.7M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h786.27+0.010%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.403%$19K$789K30xas long as short
BingX BNB-USDC+0.0046%8h786.39+0.024%$13.4Mas long as short
Aster BNBUSDT+0.0048%8h786.90+0.089%$6.1M$18.8M200xas long as short
MEXC BNB_USDT+0.0056%8h787.60+0.178%$81.1M$11.9M200xas long as short
Binance BNBUSDT+0.0056%8h786.92+0.092%$489.0M$821.6M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0078%8h786.89+0.088%$68.7M$51.4M50xas long as short
dYdX BNB-USD+0.0079%1h786.61+0.052%$159K$62K10xas long as short
Lighter BNB+0.0096%1h786.55+0.044%$2.7M$3.8M20xas long as short
Phoenix BNB+0.0100%1h787.08+0.112%$169K$35K10xas long as short
Nado BNB-PERP+0.0100%1h786.25+0.006%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h786.98+0.099%$51.5M$17.7M10xas long as short
Pacifica BNB+0.0100%1h786.64+0.056%$1.2M$934K20xas long as short
Bybit BNBUSDT+0.0100%8h786.30+0.013%$138.3M$74.9M75xas long as short
OKX BNB-USDT-SWAPlong+0.0100%8h786.20long leg$53.5M$113.1M50x
Arcus BNB-USD+0.0100%1h786.70+0.064%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h786.30+0.013%$38.1M$57.4M75xas long as short
KuCoin BNBUSDTM+0.0100%8h786.03−0.022%$27.7M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h785.99−0.027%$76.4M$31.7M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h786.84+0.081%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h785.70−0.063%$4.0M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h786.65+0.057%$4.1M$76.1M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h786.75+0.070%$158K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h786.35+0.019%$131K$953K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h786.29+0.011%$264K$449K50xas long as short
Derive BNB-PERP+0.0100%1h786.74+0.069%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h786.78+0.074%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h786.50+0.038%$387K$976K10xas long as short
HTX BNB-USDT+0.0100%8h786.98+0.099%$8.0M$10.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h786.93+0.093%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h785.99−0.027%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h786.32+0.016%$378K$110K10xas long as short
Coinbase International BNB-PERP-INTX+0.0104%1h787.43+0.156%$564K$1.9M50xas long as short
Kalshi KXBNBPERP+0.0117%8h786.70+0.064%$171K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0176%8h786.80+0.076%$17.7M$2.2M75xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h786.73+0.068%$1.5M$145K25xas long as short
GRVT BNB_USDT_Perp+0.0226%8h787.01+0.103%$2.9M$28.6M10xas long as short
Bulk BNB-USD+0.0230%1h786.88+0.087%$638K$83110xas long as short
01 Exchange BNBUSD+0.0272%1h786.97+0.098%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0321%1h786.04−0.020%$6K$3K40xas long as short
RISEx BNB/USDC+0.0350%1h786.67+0.060%$1.1M$907K20xas long as short
Hibachi BNB/USDT-Pshort+0.0448%1h786.98+0.099%$67K$39K12x