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+0.0356%/8h= +39.0% APRnext payment +$0.44 per $10,000 · paid last 24h +0.073%
Price spread now: Hibachi against SoDEX+0.051%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 +$11 a day on $10k at the current rate, and Hibachi is 0.051% dearer against SoDEX than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX BNB-USD787.300.0100pay 0.0013% / 1h46m 05s$387K$975K10x
ShortHibachi BNB/USDT-P787.700.0456get 0.0057% / 1h46m 05s$67K$39K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against SoDEX. 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
$74.76
Price spread: +0.051% → 0.000%
$5.09
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
$62.85
Costs to cover
0.170%
Break-even
1.1 days
Slippage unknown: SoDEX: live order book, 3 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 SoDEX live order book, 3 min ago0.63 bp4.6 bp −$58.4 bp −$8475.2 bp −$7,525doesn'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 −0.0168% / S +0.0337%1h787.10−0.025%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h787.67+0.047%$4K$4225xas long as short
Kraken Futures PF_BNBUSD−0.0050%1h786.95−0.045%$2.5M$1.2M50xas long as short
StandX BNB-USD0.0000%1h788.07+0.098%$850K$2.7M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h786.87−0.055%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.260%$19K$789K30xas long as short
BingX BNB-USDT+0.0045%8h787.08−0.028%$22.3Mas long as short
Aster BNBUSDT+0.0047%8h787.62+0.040%$6.1M$18.9M200xas long as short
dYdX BNB-USD+0.0050%1h787.24−0.007%$160K$62K10xas long as short
Binance BNBUSDT+0.0056%8h787.52+0.028%$489.3M$821.1M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BNB_USDT+0.0056%8h788.10+0.102%$81.1M$11.9M200xas long as short
Phemex BNBUSDT+0.0076%8h787.61+0.039%$68.8M$51.3M50xas long as short
Lighter BNB+0.0096%1h787.21−0.011%$2.7M$3.8M20xas long as short
Phoenix BNB+0.0100%1h787.03−0.034%$169K$35K10xas long as short
Nado BNB-PERP+0.0100%1h787.20−0.013%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h787.52+0.028%$51.5M$17.7M10xas long as short
Pacifica BNB+0.0100%1h787.56+0.033%$1.2M$934K20xas long as short
Bybit BNBUSDT+0.0100%8h786.82−0.061%$138.4M$74.7M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h786.70−0.076%$53.6M$113.1M50xas long as short
Arcus BNB-USD+0.0100%1h787.40+0.013%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h786.95−0.044%$38.2M$57.5M75xas long as short
KuCoin BNBUSDTM+0.0100%8h786.66−0.081%$27.7M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h786.89−0.052%$76.4M$31.8M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h787.31+0.001%$2.2M$6.1M40xas long as short
Variational Omni BNB+0.0100%8h786.30−0.127%$4.0M$4.7Mas long as short
edgeX BNBUSDC+0.0100%4h787.24−0.008%$4.1M$76.2M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h787.79+0.062%$159K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h787.03−0.034%$132K$953K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h787.18−0.015%$265K$430K50xas long as short
Derive BNB-PERP+0.0100%1h787.48+0.023%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h787.78+0.061%$12K$1.5M50xas long as short
SoDEX BNB-USDlong+0.0100%1h787.30long leg$387K$975K10x
HTX BNB-USDT+0.0100%8h787.23−0.009%$8.0M$10.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h787.87+0.072%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h786.78−0.066%$1.8M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h787.18−0.015%$378K$110K10xas long as short
Coinbase International BNB-PERP-INTX+0.0104%1h787.56+0.033%$559K$1.9M50xas long as short
Kalshi KXBNBPERP+0.0114%8h787.60+0.038%$170K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0176%8h787.95+0.083%$17.8M$2.2M75xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h787.58+0.035%$1.5M$145K25xas long as short
Bulk BNB-USD+0.0210%1h786.98−0.041%$638K$83110xas long as short
GRVT BNB_USDT_Perp+0.0226%8h787.42+0.015%$2.9M$28.6M10xas long as short
01 Exchange BNBUSD+0.0264%1h787.83+0.067%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0321%1h786.85−0.058%$6K$3K40xas long as short
RISEx BNB/USDC+0.0350%1h787.55+0.032%$1.1M$907K20xas long as short
Hibachi BNB/USDT-Pshort+0.0456%1h787.70+0.051%$67K$39K12x