Funding you earn now, next payment 11:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.088%
Price spread now: Hibachi against Variational Omni+0.054%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · Hibachi: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Hibachi is 0.054% dearer against Variational Omni 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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni BNB | 786.85 | 0.0100 | pay 0.0100% / 8h | 5h 50m | $4.3M | $4.5M | — |
| Short | Hibachi BNB/USDT-P | 787.28 | 0.0320 | get 0.0040% / 1h | 50m 50s | $67K | $37K | 12x |
Variational Omni BNB
Hibachi BNB/USDT-PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi against Variational Omni. 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
- $46.2
- Price spread: +0.054% → 0.000%
- $5.45
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- $42.65
- Costs to cover
- 0.090%
- Break-even
- 0.5 days
Slippage unknown: Variational Omni: RFQ quote, 1 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 Variational Omni RFQ quote, 1 min ago | 3.34 bp | doesn't fit | 5.5 bp −$55 | 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 45 exchanges
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 −0.0166% / S +0.0336% | 1h | 787.06 | +0.026% | $43K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0085% | 1h | 786.83 | −0.002% | $2.5M | $1.2M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 788.09 | +0.158% | $4K | — | 25x | as long as short |
| Aster BNBUSDT | 0.0000% | 8h | 787.73 | +0.112% | $5.9M | $17.0M | 200x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 787.73 | +0.112% | $2.9M | $26.5M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 787.50 | +0.083% | $139K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 788.14 | +0.164% | $850K | $2.9M | 30x | as long as short |
| Deribit BNB_USDC-PERPETUAL | 0.0000% | 1h | 787.26 | +0.052% | $1.5M | $157K | 25x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 787.21 | +0.046% | $9.5M | — | 150x | as long as short |
| Binance BNBUSDT | +0.0015% | 8h | 787.80 | +0.120% | $481.5M | $764.9M | 75x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Hotstuff BNB-PERP
Aster BNBUSDT
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
Deribit BNB_USDC-PERPETUAL
gTrade (Gains Network) BNB/USD
Binance BNBUSDTShow all 45 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BNB_USDT | +0.0015% | 8h | 788.80 | +0.248% | $83.3M | $11.7M | 200x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.318% | $19K | $789K | 30x | as long as short |
| Bybit BNBUSDT | +0.0041% | 8h | 786.76 | −0.011% | $138.5M | $66.1M | 75x | as long as short |
| BloFin BNB-USDT | +0.0061% | 8h | 787.98 | +0.144% | $18.4M | $2.2M | 75x | as long as short |
| Lighter BNB | +0.0096% | 1h | 787.30 | +0.057% | $2.7M | $3.3M | 20x | as long as short |
| Phemex BNBUSDT | +0.0097% | 8h | 787.55 | +0.089% | $68.4M | $51.0M | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 786.63 | −0.028% | $1.4M | $2.4M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 787.73 | +0.112% | $51.9M | $16.8M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 787.15 | +0.038% | $1.2M | $932K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 786.90 | +0.006% | $53.3M | $101.9M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 787.30 | +0.057% | $57K | $122K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 787.10 | +0.032% | $41.2M | $53.9M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 786.95 | +0.013% | $28.2M | $9.6M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 786.98 | +0.017% | $75.8M | $30.9M | 75x | as long as short |
| BingX BNB-USDT | +0.0100% | 8h | 787.26 | +0.052% | — | $50.1M | — | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 787.65 | +0.102% | $2.2M | $6.0M | 40x | as long as short |
| Variational Omni BNBlong | +0.0100% | 8h | 786.85 | long leg | $4.3M | $4.5M | — | |
| edgeX BNBUSDC | +0.0100% | 4h | 787.63 | +0.099% | $4.1M | $74.6M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 787.38 | +0.067% | $158K | $444K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 786.92 | +0.009% | $130K | $905K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 786.97 | +0.015% | $264K | $297K | 50x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 787.51 | +0.084% | $12K | $1.3M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 787.10 | +0.032% | $387K | $926K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 787.27 | +0.053% | $8.0M | $10.0M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 787.48 | +0.080% | $88K | $406K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 786.70 | −0.019% | $1.8M | $5.6M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 786.80 | −0.007% | $378K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0120% | 1h | 787.92 | +0.136% | $158K | $45K | 10x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0120% | 1h | 787.48 | +0.080% | $545K | $1.9M | 50x | as long as short |
| 01 Exchange BNBUSD | +0.0240% | 1h | 787.49 | +0.081% | $28K | $3K | 10x | as long as short |
| Bulk BNB-USD | +0.0282% | 1h | 788.09 | +0.158% | $639K | $0 | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0317% | 1h | 786.56 | −0.036% | $6K | $3K | 40x | as long as short |
| Hibachi BNB/USDT-Pshort | +0.0320% | 1h | 787.28 | +0.054% | $67K | $37K | 12x | |
| RISEx BNB/USDC | +0.0393% | 1h | 787.24 | +0.049% | $1.1M | $901K | 20x | as long as short |
| dYdX BNB-USD | +0.1100% | 1h | 787.47 | +0.079% | $158K | $34K | 10x | as long as short |
MEXC BNB_USDT
Injective BNB/USDC PERP
Bybit BNBUSDT
BloFin BNB-USDT
Lighter BNB
Phemex BNBUSDT
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
BingX BNB-USDT
Backpack BNB_USDC_PERP
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
Coinbase International BNB-PERP-INTX
01 Exchange BNBUSD
Bulk BNB-USD
Reya BNBRUSDPERP
RISEx BNB/USDC
dYdX BNB-USD