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+0.0036%/8h= +3.9% APRpaid last 24h +0.075%
Price spread now: Hibachi against SunX−0.043%52s7-day average · you buy dearer than you sell
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+0.432%+$43 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHibachi: Active · farm boardneeds both histories
Funding pays, the price is against you. Hibachi is 0.043% cheaper against SunX than usual: you would sell low and buy high (spread −0.043% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 4.0 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.432% in total) that is about 17 hours. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BNB-USDT798.740.0100pay 0.0100% / 8h7h 51m$13K$1.7M50x
ShortHibachi BNB/USDT-P798.390.0136get 0.0017% / 1h51m 19s$70K$43K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hibachi against SunX. 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
$7.56
Price spread: −0.043% → 0.000%
−$4.34
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Hibachi: 4.5 bp × 2 orders
−$9
Net
−$13.78
Costs to cover
0.170%
Break-even
19.8 days
Slippage unknown: SunX: live order book, 4 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 SunX live order book, 4 min ago16.69 bp22.7 bp −$2330.0 bp −$300doesn'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 −0.0201% / S +0.0372%1h797.85−0.111%$47K200xas long as short
Kraken Futures PF_BNBUSD−0.0121%1h797.00−0.218%$2.5M$976K50xas long as short
Hotstuff BNB-PERP−0.0080%1h797.73−0.126%$4K$23925xas long as short
Gate BNB_USDT−0.0045%8h797.50−0.155%$35.7M$55.8M75xas long as short
BingX BNB-USDT−0.0030%8h797.79−0.118%$35.2Mas long as short
Bybit BNBUSDT−0.0023%8h797.52−0.152%$138.4M$77.1M75xas long as short
GRVT BNB_USDT_Perp0.0000%8h798.92+0.023%$3.0M$27.9M10xas long as short
StandX BNB-USD0.0000%1h798.87+0.017%$863K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h797.85−0.111%$9.7M150xas long as short
Variational Omni BNB+0.0008%8h797.13−0.202%$4.1M$5.4Mas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BNB/USDC PERP+0.0033%1h805.09+0.796%$19K$789K30xas long as short
Coinbase International BNB-PERP-INTX+0.0048%1h798.00−0.092%$601K$983K50xas long as short
Aster BNBUSDT+0.0069%8h797.70−0.130%$6.2M$19.3M200xas long as short
Binance BNBUSDT+0.0092%8h798.32−0.053%$496.2M$817.9M75xas long as short
MEXC BNB_USDT+0.0092%8h798.30−0.055%$82.9M$13.5M200xas long as short
Lighter BNB+0.0096%1h797.52−0.152%$2.8M$4.0M20xas long as short
Phoenix BNB+0.0099%1h798.71−0.003%$172K$36K10xas long as short
Nado BNB-PERP+0.0100%1h796.91−0.229%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h797.50−0.155%$1.2M$925K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h797.50−0.155%$54.1M$112.1M50xas long as short
Arcus BNB-USD+0.0100%1h797.80−0.117%$52K$134K10xas long as short
KuCoin BNBUSDTM+0.0100%8h797.48−0.157%$27.9M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h797.41−0.166%$78.7M$27.6M75xas long as short
edgeX BNBUSDC+0.0100%4h798.80+0.009%$4.1M$76.2M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h799.21+0.059%$161K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h797.44−0.162%$118K$874K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h797.67−0.133%$385K$481K50xas long as short
Derive BNB-PERP+0.0100%1h797.83−0.114%$32K$5K10xas long as short
SunX BNB-USDTlong+0.0100%8h798.74long leg$13K$1.7M50x
SoDEX BNB-USD+0.0100%1h797.40−0.167%$392K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h798.40−0.042%$8.2M$8.1M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h798.38−0.045%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h796.88−0.232%$1.8M$6.6M50xas long as short
Aevo BNB-PERP+0.0104%1h798.78+0.006%$384K$108K10xas long as short
Phemex BNBUSDT+0.0131%8h797.88−0.107%$69.8M$50.8M50xas long as short
Hibachi BNB/USDT-Pshort+0.0136%1h798.39−0.043%$70K$43K12x
Kalshi KXBNBPERP+0.0152%8h798.00−0.092%$89K$2.9M4.8xas long as short
RISEx BNB/USDC+0.0155%1h797.43−0.163%$1.1M$1.4M20xas long as short
Bulk BNB-USD+0.0158%1h799.24+0.063%$649K$14K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h797.98−0.095%$1.6M$160K25xas long as short
BloFin BNB-USDT+0.0213%8h798.86+0.016%$18.1M$2.5M75xas long as short
01 Exchange BNBUSD+0.0216%1h797.93−0.101%$28K$1K10xas long as short
dYdX BNB-USD+0.0271%1h797.28−0.182%$161K$63K10xas long as short
Backpack BNB_USDC_PERP+0.0328%1h798.17−0.071%$2.7M$5.7M40xas long as short
Reya BNBRUSDPERP+0.0331%1h797.16−0.197%$6K$3K40xas long as short
Hyperliquid BNB+0.0377%1h798.40−0.042%$53.2M$20.7M10xas long as short