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
Funding, last 7 days+0.432%+$43 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX BNB-USDT | 798.74 | 0.0100 | pay 0.0100% / 8h | 7h 51m | $13K | $1.7M | 50x |
| Short | Hibachi BNB/USDT-P | 798.39 | 0.0136 | get 0.0017% / 1h | 51m 19s | $70K | $43K | 12x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SunX live order book, 4 min ago | 16.69 bp | 22.7 bp −$23 | 30.0 bp −$300 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX BNB/USD [WBTC.b-USDC] | L −0.0201% / S +0.0372% | 1h | 797.85 | −0.111% | $47K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0121% | 1h | 797.00 | −0.218% | $2.5M | $976K | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 797.73 | −0.126% | $4K | $239 | 25x | as long as short |
| Gate BNB_USDT | −0.0045% | 8h | 797.50 | −0.155% | $35.7M | $55.8M | 75x | as long as short |
| BingX BNB-USDT | −0.0030% | 8h | 797.79 | −0.118% | — | $35.2M | — | as long as short |
| Bybit BNBUSDT | −0.0023% | 8h | 797.52 | −0.152% | $138.4M | $77.1M | 75x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 798.92 | +0.023% | $3.0M | $27.9M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 798.87 | +0.017% | $863K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 797.85 | −0.111% | $9.7M | — | 150x | as long as short |
| Variational Omni BNB | +0.0008% | 8h | 797.13 | −0.202% | $4.1M | $5.4M | — | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +0.796% | $19K | $789K | 30x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0048% | 1h | 798.00 | −0.092% | $601K | $983K | 50x | as long as short |
| Aster BNBUSDT | +0.0069% | 8h | 797.70 | −0.130% | $6.2M | $19.3M | 200x | as long as short |
| Binance BNBUSDT | +0.0092% | 8h | 798.32 | −0.053% | $496.2M | $817.9M | 75x | as long as short |
| MEXC BNB_USDT | +0.0092% | 8h | 798.30 | −0.055% | $82.9M | $13.5M | 200x | as long as short |
| Lighter BNB | +0.0096% | 1h | 797.52 | −0.152% | $2.8M | $4.0M | 20x | as long as short |
| Phoenix BNB | +0.0099% | 1h | 798.71 | −0.003% | $172K | $36K | 10x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 796.91 | −0.229% | $1.4M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 797.50 | −0.155% | $1.2M | $925K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 797.50 | −0.155% | $54.1M | $112.1M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 797.80 | −0.117% | $52K | $134K | 10x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 797.48 | −0.157% | $27.9M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 797.41 | −0.166% | $78.7M | $27.6M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 798.80 | +0.009% | $4.1M | $76.2M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 799.21 | +0.059% | $161K | $436K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 797.44 | −0.162% | $118K | $874K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 797.67 | −0.133% | $385K | $481K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 797.83 | −0.114% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDTlong | +0.0100% | 8h | 798.74 | long leg | $13K | $1.7M | 50x | |
| SoDEX BNB-USD | +0.0100% | 1h | 797.40 | −0.167% | $392K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 798.40 | −0.042% | $8.2M | $8.1M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 798.38 | −0.045% | $78K | $19K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 796.88 | −0.232% | $1.8M | $6.6M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 798.78 | +0.006% | $384K | $108K | 10x | as long as short |
| Phemex BNBUSDT | +0.0131% | 8h | 797.88 | −0.107% | $69.8M | $50.8M | 50x | as long as short |
| Hibachi BNB/USDT-Pshort | +0.0136% | 1h | 798.39 | −0.043% | $70K | $43K | 12x | |
| Kalshi KXBNBPERP | +0.0152% | 8h | 798.00 | −0.092% | $89K | $2.9M | 4.8x | as long as short |
| RISEx BNB/USDC | +0.0155% | 1h | 797.43 | −0.163% | $1.1M | $1.4M | 20x | as long as short |
| Bulk BNB-USD | +0.0158% | 1h | 799.24 | +0.063% | $649K | $14K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 797.98 | −0.095% | $1.6M | $160K | 25x | as long as short |
| BloFin BNB-USDT | +0.0213% | 8h | 798.86 | +0.016% | $18.1M | $2.5M | 75x | as long as short |
| 01 Exchange BNBUSD | +0.0216% | 1h | 797.93 | −0.101% | $28K | $1K | 10x | as long as short |
| dYdX BNB-USD | +0.0271% | 1h | 797.28 | −0.182% | $161K | $63K | 10x | as long as short |
| Backpack BNB_USDC_PERP | +0.0328% | 1h | 798.17 | −0.071% | $2.7M | $5.7M | 40x | as long as short |
| Reya BNBRUSDPERP | +0.0331% | 1h | 797.16 | −0.197% | $6K | $3K | 40x | as long as short |
| Hyperliquid BNB | +0.0377% | 1h | 798.40 | −0.042% | $53.2M | $20.7M | 10x | as long as short |
SunX BNB-USDT
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Gate BNB_USDT
BingX BNB-USDT
Bybit BNBUSDT
GRVT BNB_USDT_Perp
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Variational Omni BNB
Injective BNB/USDC PERP
Coinbase International BNB-PERP-INTX
Aster BNBUSDT
Binance BNBUSDT
MEXC BNB_USDT
Lighter BNB
Phoenix BNB
Pacifica BNB
OKX BNB-USDT-SWAP
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Phemex BNBUSDT
Kalshi KXBNBPERP
RISEx BNB/USDC
Bulk BNB-USD
Deribit BNB_USDC-PERPETUAL
BloFin BNB-USDT
01 Exchange BNBUSD
Backpack BNB_USDC_PERP
Hyperliquid BNB