Funding you earn now, next payment 00:00 UTC−0.0025%/8h= −2.7% APRnext payment −$0.03 per $10,000 · paid last 24h −0.112%
Price spread now: Injective against dYdX+0.778%7-day average −0.341% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.662%−$66 on $10k
+Price spread, last 3 days (all we have)−1.270%−$127 · spread now +0.778%, 7d avg −0.341%
=The price spread pays, funding is against you. Injective is 1.119% dearer against dYdX than usual: you sell high and buy low (spread +0.778% now, against its 7-day average of −0.341%): +$112 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5 months. At the pace of the last 7 days (−0.662% in total) that is about 12 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX BNB-USD | 798.88 | 0.0331 | pay 0.0041% / 1h | 4m 44s | $161K | $63K | 10x |
| Short | Injective BNB/USDC PERP | 805.09 | 0.0306 | get 0.0038% / 1h | 4m 44s | $19K | $789K | 30x |
dYdX BNB-USD
Injective BNB/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against dYdX. 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
- −$5.19
- Price spread: +0.778% → −0.341%
- $111.86
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $96.66
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: dYdX: live order book, 9 min ago; Injective: 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 dYdX live order book, 9 min ago | 9.69 bp | 16.2 bp −$16 | 22.8 bp −$228 | 30.3 bp −$3,031 | 97.5 bp −$48.7K |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | 798.33 | −0.069% | $47K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 798.55 | −0.041% | $4K | $1K | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0074% | 1h | 798.21 | −0.083% | $2.5M | $975K | 50x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 798.60 | −0.034% | $3.0M | $27.9M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 798.91 | +0.004% | $863K | $2.9M | 30x | as long as short |
| Variational Omni BNB | +0.0007% | 8h | 797.54 | −0.167% | $4.1M | $5.4M | — | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 798.36 | −0.064% | $9.7M | — | 150x | as long as short |
| BingX BNB-USDT | +0.0030% | 8h | 798.98 | +0.013% | — | $34.7M | — | as long as short |
| Bybit BNBUSDT | +0.0037% | 8h | 798.77 | −0.014% | $138.7M | $77.0M | 75x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0072% | 1h | 798.14 | −0.092% | $601K | $984K | 50x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
Kraken Futures PF_BNBUSD
GRVT BNB_USDT_Perp
StandX BNB-USD
Variational Omni BNB
gTrade (Gains Network) BNB/USD
BingX BNB-USDT
Bybit BNBUSDT
Coinbase International BNB-PERP-INTXShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BNBUSDT | +0.0078% | 8h | 799.37 | +0.062% | $6.2M | $19.2M | 200x | as long as short |
| Lighter BNB | +0.0096% | 1h | 799.33 | +0.056% | $2.8M | $4.1M | 20x | as long as short |
| Phemex BNBUSDT | +0.0098% | 8h | 798.84 | −0.005% | $69.9M | $50.6M | 50x | as long as short |
| MEXC BNB_USDT | +0.0099% | 8h | 800.00 | +0.140% | $83.1M | $13.6M | 200x | as long as short |
| Binance BNBUSDT | +0.0099% | 8h | 799.62 | +0.093% | $498.1M | $818.1M | 75x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 798.07 | −0.101% | $1.4M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 799.33 | +0.057% | $1.2M | $925K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 798.80 | −0.010% | $54.3M | $112.7M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 798.50 | −0.047% | $53K | $133K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 798.60 | −0.035% | $35.7M | $58.7M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 798.60 | −0.035% | $28.0M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 798.82 | −0.007% | $79.1M | $27.5M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 798.64 | −0.030% | $4.1M | $76.3M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 799.12 | +0.030% | $161K | $437K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 798.25 | −0.079% | $116K | $872K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 798.23 | −0.081% | $386K | $494K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 798.44 | −0.054% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 798.79 | −0.011% | $13K | $1.7M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 798.50 | −0.047% | $393K | $1.0M | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 798.74 | −0.017% | $1.6M | $165K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 798.08 | −0.100% | $8.2M | $8.1M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 799.64 | +0.096% | $78K | $19K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 798.41 | −0.058% | $1.8M | $6.6M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 798.45 | −0.054% | $384K | $40K | 10x | as long as short |
| Phoenix BNB | +0.0127% | 1h | 798.37 | −0.064% | $172K | $36K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0149% | 8h | 798.80 | −0.010% | $90K | $2.9M | 4.8x | as long as short |
| Hibachi BNB/USDT-P | +0.0152% | 1h | 798.02 | −0.108% | $70K | $43K | 12x | as long as short |
| Bulk BNB-USD | +0.0191% | 1h | 798.83 | −0.007% | $649K | $17K | 10x | as long as short |
| BloFin BNB-USDT | +0.0219% | 8h | 798.91 | +0.004% | $18.1M | $2.5M | 75x | as long as short |
| Hyperliquid BNB | +0.0244% | 1h | 799.94 | +0.133% | $52.5M | $20.8M | 10x | as long as short |
| RISEx BNB/USDC | +0.0258% | 1h | 798.32 | −0.070% | $1.1M | $1.4M | 20x | as long as short |
| 01 Exchange BNBUSD | +0.0264% | 1h | 798.79 | −0.011% | $28K | $1K | 10x | as long as short |
| Injective BNB/USDC PERPshort | +0.0306% | 1h | 805.09 | +0.778% | $19K | $789K | 30x | |
| dYdX BNB-USDlong | +0.0331% | 1h | 798.88 | long leg | $161K | $63K | 10x | |
| Reya BNBRUSDPERP | +0.0331% | 1h | 797.91 | −0.122% | $6K | $3K | 40x | as long as short |
| Backpack BNB_USDC_PERP | +0.0343% | 1h | 799.14 | +0.033% | $2.7M | $5.7M | 40x | as long as short |
Aster BNBUSDT
Lighter BNB
Phemex BNBUSDT
MEXC BNB_USDT
Binance BNBUSDT
Nado BNB-PERP
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
Kalshi KXBNBPERP
Hibachi BNB/USDT-P
Bulk BNB-USD
BloFin BNB-USDT
Hyperliquid BNB
RISEx BNB/USDC
01 Exchange BNBUSD
Reya BNBRUSDPERP
Backpack BNB_USDC_PERP