BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0507%/8h= +55.6% APRnext payment +$0.63 per $10,000 · paid last 24h +0.060%

Price spread now: Injective against GMX+0.357%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Injective

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Injective is 0.357% dearer against GMX than usual: you sell high and buy low: +$36 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	GMX BNB/USD [WBTC.b-USDC]	802.22	L −0.0201% / S +0.0372%	get 0.0025% / 1h	56m 42s	$48K	—	200x
Short	Injective BNB/USDC PERP	805.09	0.0306	get 0.0038% / 1h	56m 42s	$19K	$789K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against GMX. 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

Position, each leg$Hold fordaysFee GMXbpFee InjectivebpOrdersPrice spread, now +0.357%Rate

Funding earned: $106.56
Price spread: +0.357% → 0.000%: $35.74
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $130.28
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; 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 GMX no order-book sample	—	—	—	—	—
Sell Injective no order-book sample	—	—	—	—	—

GMX and 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]long	L −0.0201% / S +0.0372%	1h	802.22	long leg	$48K	—	200x
Hotstuff BNB-PERP	−0.0080%	1h	802.34	+0.015%	$4K	$1K	25x	as long as short
Kraken Futures PF_BNBUSD	−0.0074%	1h	802.20	−0.003%	$2.6M	$969K	50x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	800.99	−0.154%	$3.0M	$28.4M	10x	as long as short
StandX BNB-USD	0.0000%	1h	803.02	+0.099%	$868K	$2.9M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	802.23	+0.001%	$9.8M	—	150x	as long as short
Variational Omni BNB	+0.0031%	8h	800.04	−0.272%	$4.2M	$5.4M	—	as long as short
BingX BNB-USDC	+0.0052%	8h	802.06	−0.020%	—	$13.3M	—	as long as short
Bybit BNBUSDT	+0.0066%	8h	801.77	−0.056%	$139.3M	$78.6M	75x	as long as short
Coinbase International BNB-PERP-INTX	+0.0072%	1h	800.72	−0.187%	$607K	$998K	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter BNB	+0.0096%	1h	802.44	+0.027%	$2.8M	$4.1M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	801.67	−0.069%	$1.4M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	802.42	+0.025%	$1.2M	$926K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	801.90	−0.040%	$54.8M	$113.6M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	802.30	+0.010%	$53K	$134K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	801.75	−0.059%	$35.8M	$57.4M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	801.88	−0.043%	$28.0M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	801.78	−0.055%	$79.8M	$27.3M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	801.60	−0.078%	$4.2M	$77.5M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	801.48	−0.093%	$161K	$442K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	802.00	−0.028%	$119K	$874K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	802.26	+0.005%	$388K	$489K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	802.43	+0.026%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	802.93	+0.088%	$13K	$1.7M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	802.16	−0.008%	$8.2M	$7.9M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	802.55	+0.040%	$78K	$19K	50x	as long as short
Aster BNBUSDT	+0.0102%	8h	802.83	+0.076%	$6.4M	$18.9M	200x	as long as short
Extended BNB-USD	+0.0104%	1h	801.58	−0.080%	$1.9M	$6.4M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	802.53	+0.038%	$386K	$40K	10x	as long as short
Phemex BNBUSDT	+0.0114%	8h	802.81	+0.073%	$70.2M	$51.1M	50x	as long as short
Kalshi KXBNBPERP	+0.0117%	8h	802.40	+0.022%	$109K	$2.9M	4.8x	as long as short
MEXC BNB_USDT	+0.0120%	8h	803.00	+0.097%	$83.5M	$13.5M	200x	as long as short
Binance BNBUSDT	+0.0123%	8h	802.78	+0.069%	$502.4M	$819.4M	75x	as long as short
Phoenix BNB	+0.0155%	1h	800.77	−0.181%	$172K	$34K	10x	as long as short
BloFin BNB-USDT	+0.0242%	8h	802.83	+0.076%	$18.2M	$2.5M	75x	as long as short
Hibachi BNB/USDT-P	+0.0248%	1h	801.96	−0.032%	$71K	$49K	12x	as long as short
SoDEX BNB-USD	+0.0254%	1h	802.30	+0.010%	$394K	$1.0M	10x	as long as short
RISEx BNB/USDC	+0.0258%	1h	802.09	−0.017%	$1.1M	$1.4M	20x	as long as short
Bulk BNB-USD	+0.0289%	1h	801.15	−0.134%	$651K	$20K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	802.74	+0.064%	$1.6M	$165K	25x	as long as short
Injective BNB/USDC PERPshort	+0.0306%	1h	805.09	+0.357%	$19K	$789K	30x
Hyperliquid BNB	+0.0330%	1h	803.02	+0.099%	$51.9M	$21.6M	10x	as long as short
Backpack BNB_USDC_PERP	+0.0332%	1h	802.48	+0.032%	$2.7M	$5.7M	40x	as long as short
Reya BNBRUSDPERP	+0.0332%	1h	801.71	−0.064%	$6K	$3K	40x	as long as short
01 Exchange BNBUSD	+0.0432%	1h	802.89	+0.083%	$28K	$1K	10x	as long as short
dYdX BNB-USD	+0.0510%	1h	802.23	+0.001%	$162K	$62K	10x	as long as short