Hibachi lists 14 perp markets and quotes leverage up to 20x on Arbitrum · Base. The base-tier schedule is maker 0% / taker 0.045% with funding 1h.
Hibachi is a perpetuals exchange with deposit paths on Arbitrum and Base. It does not run its own token, and non-trading costs — deposits, withdrawals and transfers — are charged as small flat amounts in USDT.
The venue lists a smaller set of 14 crypto, forex and commodity perpetual markets, with a fee schedule that pays no maker fee at any of its volume tiers. No identity-verification requirement applies to trading or withdrawing.
Funding is peer-to-peer, with the platform taking no share of it. The rate is sampled every few seconds through the hour and settles once, at the hourly mark, as a payment sized to the position and paid directly from one side of the market to the other; forex markets pause funding over their weekend closure.
Hibachi signs traders in with a browser wallet, and the venue is non-custodial.
The documented limits are set per market.
Hibachi names 10 restricted jurisdictions in its terms.
Fees, leverage, sign-up and markets on other perp DEXes.
Perpetual markets for stocks, gold, indices and pre-IPO names — settled on-chain, no wallet-to-exchange transfers.
