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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0552%/8h= +60.4% APRnext payment +$0.69 per $10,000 · paid last 24h +0.105%
Price spread now: Hibachi against StandX+0.063%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+0.688%+$69 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropStandX: Active · Hibachi: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Hibachi is 0.063% dearer against StandX 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
LongStandX BNB-USD786.820get 0.0000% / 1h44m 07s$849K$2.9M30x
ShortHibachi BNB/USDT-P787.310.0552get 0.0069% / 1h44m 07s$67K$39K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against StandX. 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
$115.92
Price spread: +0.063% → 0.000%
$6.28
Slippage, 4 orders
no order book: not counted
Fee StandX: 4 bp × 2 orders
−$8
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
$105.2
Costs to cover
0.170%
Break-even
0.6 days
Slippage unknown: StandX: live order book, 5 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 StandX live order book, 5 min ago5.78 bp10.0 bp −$1012.7 bp −$127doesn'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 −0.0170% / S +0.0337%1h786.64−0.023%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h786.54−0.036%$4K$4225xas long as short
StandX BNB-USDlong0.0000%1h786.82long leg$849K$2.9M30x
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h786.74−0.010%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.322%$19K$789K30xas long as short
Aster BNBUSDT+0.0049%8h787.19+0.047%$6.1M$19.0M200xas long as short
BingX BNB-USDT+0.0054%8h786.72−0.013%$22.3Mas long as short
MEXC BNB_USDT+0.0066%8h787.60+0.099%$81.0M$12.0M200xas long as short
Binance BNBUSDT+0.0067%8h787.10+0.036%$490.3M$816.5M75xas long as short
dYdX BNB-USD+0.0071%1h786.47−0.045%$159K$62K10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0076%8h787.11+0.037%$68.9M$51.0M50xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h786.88+0.008%$568K$1.9M50xas long as short
Lighter BNB+0.0096%1h786.67−0.019%$2.7M$3.8M20xas long as short
Nado BNB-PERP+0.0100%1h786.50−0.041%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h787.04+0.028%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h786.50−0.041%$138.4M$75.3M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h786.40−0.053%$53.5M$113.1M50xas long as short
Arcus BNB-USD+0.0100%1h787.10+0.036%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h786.60−0.028%$37.1M$58.8M75xas long as short
KuCoin BNBUSDTM+0.0100%8h786.68−0.018%$27.7M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h786.49−0.042%$76.1M$31.1M75xas long as short
Variational Omni BNB+0.0100%8h785.91−0.115%$4.0M$4.8Mas long as short
edgeX BNBUSDC+0.0100%4h786.94+0.015%$4.1M$76.0M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h787.08+0.033%$158K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h786.67−0.019%$131K$949K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h786.61−0.027%$265K$470K50xas long as short
Derive BNB-PERP+0.0100%1h786.820.000%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h787.22+0.051%$13K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h786.70−0.015%$387K$984K10xas long as short
HTX BNB-USDT+0.0100%8h786.97+0.019%$8.0M$10.1M75xas long as short
Paradex BNB-USD-PERP+0.0101%8h787.20+0.048%$76K$17K50xas long as short
Extended BNB-USD+0.0104%1h786.28−0.069%$1.8M$6.2M50xas long as short
Aevo BNB-PERP+0.0104%1h786.63−0.024%$378K$110K10xas long as short
Backpack BNB_USDC_PERP+0.0116%1h786.92+0.013%$2.2M$6.1M40xas long as short
Hyperliquid BNB+0.0119%1h787.12+0.037%$51.5M$17.6M10xas long as short
Phoenix BNB+0.0135%1h786.68−0.018%$169K$35K10xas long as short
Kalshi KXBNBPERP+0.0140%8h787.30+0.061%$170K$2.7M4.8xas long as short
BloFin BNB-USDT+0.0187%8h787.52+0.089%$17.8M$2.2M75xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h787.02+0.026%$1.5M$143K25xas long as short
Kraken Futures PF_BNBUSD+0.0206%1h786.50−0.041%$2.5M$1.2M50xas long as short
GRVT BNB_USDT_Perp+0.0227%8h787.04+0.028%$2.9M$29.5M10xas long as short
01 Exchange BNBUSD+0.0264%1h787.40+0.074%$28K$4K10xas long as short
Reya BNBRUSDPERP+0.0322%1h786.41−0.052%$6K$3K40xas long as short
Bulk BNB-USD+0.0328%1h787.20+0.049%$638K$4K10xas long as short
RISEx BNB/USDC+0.0438%1h787.13+0.039%$1.1M$914K20xas long as short
Hibachi BNB/USDT-Pshort+0.0552%1h787.31+0.063%$67K$39K12x