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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0101%/8h= +11.1% APRnext payment +$0.13 per $10,000 · paid last 24h +0.059%
Price spread now: Hibachi against RISEx+0.056%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 3 days (all we have)no history yet
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 +$3 a day on $10k at the current rate, and Hibachi is 0.056% dearer against RISEx than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx BNB/USDC798.550.0155pay 0.0019% / 1h21m 25s$1.1M$1.4M20x
ShortHibachi BNB/USDT-P799.000.0256get 0.0032% / 1h21m 25s$68K$38K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against RISEx. 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
$21.24
Price spread: +0.056% → 0.000%
$5.59
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
$11.82
Costs to cover
0.150%
Break-even
3.1 days
Slippage unknown: RISEx: live order book, 2 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 RISEx live order book, 2 min ago1.38 bp4.4 bp −$48.3 bp −$83doesn't fitdoesn'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 −0.0159% / S +0.0335%1h798.30−0.032%$47K200xas long as short
Kraken Futures PF_BNBUSD−0.0121%1h798.41−0.019%$2.5M$1.0M50xas long as short
Hotstuff BNB-PERP−0.0080%1h798.95+0.049%$4K$23925xas long as short
BingX BNB-USDT−0.0007%8h798.33−0.028%$35.0Mas long as short
GRVT BNB_USDT_Perp0.0000%8h800.63+0.260%$3.0M$27.7M10xas long as short
StandX BNB-USD0.0000%1h799.35+0.100%$864K$2.9M30xas long as short
Phemex BNBUSDT0.0000%8h799.29+0.092%$69.8M$50.1M50xas long as short
Variational Omni BNB+0.0004%8h797.72−0.105%$4.1M$5.0Mas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h798.24−0.039%$9.7M150xas long as short
Gate BNB_USDT+0.0010%8h798.05−0.063%$35.7M$56.6M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit BNBUSDT+0.0014%8h798.08−0.059%$138.6M$76.3M75xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+0.818%$19K$789K30xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h799.07+0.064%$615K$1.1M50xas long as short
Aster BNBUSDT+0.0055%8h798.92+0.046%$6.2M$19.4M200xas long as short
Binance BNBUSDT+0.0077%8h798.78+0.028%$495.9M$811.4M75xas long as short
MEXC BNB_USDT+0.0078%8h799.20+0.081%$83.1M$13.7M200xas long as short
Lighter BNB+0.0096%1h798.73+0.023%$2.8M$4.0M20xas long as short
Phoenix BNB+0.0099%1h799.13+0.072%$172K$36K10xas long as short
Nado BNB-PERP+0.0100%1h798.25−0.038%$1.5M$2.7M20xas long as short
Pacifica BNB+0.0100%1h798.83+0.034%$1.2M$924K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h798.00−0.070%$54.1M$110.9M50xas long as short
Arcus BNB-USD+0.0100%1h798.90+0.043%$53K$133K10xas long as short
KuCoin BNBUSDTM+0.0100%8h798.29−0.033%$27.9M$10.1M75xas long as short
Bitget BNBUSDT+0.0100%8h797.84−0.090%$78.2M$28.1M75xas long as short
edgeX BNBUSDC+0.0100%4h800.04+0.186%$4.2M$76.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h799.98+0.178%$161K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h798.35−0.026%$113K$884K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h798.26−0.037%$386K$459K50xas long as short
Derive BNB-PERP+0.0100%1h798.39−0.020%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h798.94+0.048%$13K$1.6M50xas long as short
SoDEX BNB-USD+0.0100%1h798.50−0.007%$393K$998K10xas long as short
HTX BNB-USDT+0.0100%8h798.72+0.021%$8.2M$8.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h799.17+0.078%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h797.87−0.086%$1.8M$6.0M50xas long as short
Aevo BNB-PERP+0.0104%1h798.42−0.017%$384K$110K10xas long as short
Bulk BNB-USD+0.0127%1h799.28+0.090%$649K$10K10xas long as short
RISEx BNB/USDClong+0.0155%1h798.55long leg$1.1M$1.4M20x
Kalshi KXBNBPERP+0.0155%8h799.40+0.106%$90K$2.8M4.8xas long as short
BloFin BNB-USDT+0.0200%8h799.81+0.157%$18.1M$2.6M75xas long as short
01 Exchange BNBUSD+0.0200%1h798.75+0.024%$28K$1K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h798.74+0.023%$1.6M$161K25xas long as short
dYdX BNB-USD+0.0202%1h799.08+0.066%$161K$63K10xas long as short
Hibachi BNB/USDT-Pshort+0.0256%1h799.00+0.056%$68K$38K12x
Hyperliquid BNB+0.0301%1h799.00+0.056%$53.1M$20.3M10xas long as short
Reya BNBRUSDPERP+0.0330%1h797.81−0.093%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0396%1h799.48+0.116%$2.7M$5.7M40xas long as short