Funding you earn now, next payment 01:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.004%
Price spread now: Injective against HTX+1.013%7-day average −0.321% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.232%−$23 on $10k
+Price spread, last 3 days (all we have)−1.354%−$135 · spread now +1.013%, 7d avg −0.321%
=The price spread pays, funding is against you. Injective is 1.333% dearer against HTX than usual: you sell high and buy low (spread +1.013% now, against its 7-day average of −0.321%): +$133 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX BNB-USDT | 797.02 | 0.0100 | pay 0.0100% / 8h | 7h 18m | $8.2M | $8.3M | 75x |
| Short | Injective BNB/USDC PERP | 805.09 | 0.0033 | get 0.0004% / 1h | 18m 38s | $19K | $789K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against HTX. 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
- −$14
- Price spread: +1.013% → −0.321%
- $133.34
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $107.32
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: HTX: live order book, just now; 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 HTX live order book, just now | 0.01 bp | 10.4 bp −$10 | 15.1 bp −$151 | 51.3 bp −$5,132 | doesn't fit |
| 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 −0.0159% / S +0.0335% | 1h | 798.43 | +0.177% | $47K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0121% | 1h | 797.53 | +0.064% | $2.5M | $1.0M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 798.74 | +0.216% | $4K | $239 | 25x | as long as short |
| Gate BNB_USDT | −0.0010% | 8h | 796.85 | −0.021% | $35.8M | $56.8M | 75x | as long as short |
| BingX BNB-USDC | −0.0007% | 8h | 797.07 | +0.006% | — | $13.3M | — | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 798.85 | +0.230% | $3.0M | $27.9M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 798.95 | +0.242% | $863K | $2.9M | 30x | as long as short |
| Variational Omni BNB | +0.0004% | 8h | 797.72 | +0.088% | $4.1M | $5.0M | — | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 798.37 | +0.169% | $9.7M | — | 150x | as long as short |
| Bybit BNBUSDT | +0.0013% | 8h | 796.90 | −0.015% | $138.4M | $76.3M | 75x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex BNBUSDT | +0.0016% | 8h | 798.03 | +0.127% | $69.7M | $50.2M | 50x | as long as short |
| Injective BNB/USDC PERPshort | +0.0033% | 1h | 805.09 | +1.013% | $19K | $789K | 30x | |
| Coinbase International BNB-PERP-INTX | +0.0048% | 1h | 799.07 | +0.257% | $615K | $1.1M | 50x | as long as short |
| Aster BNBUSDT | +0.0053% | 8h | 797.41 | +0.049% | $6.1M | $19.4M | 200x | as long as short |
| Binance BNBUSDT | +0.0075% | 8h | 797.41 | +0.049% | $495.1M | $811.4M | 75x | as long as short |
| MEXC BNB_USDT | +0.0076% | 8h | 798.00 | +0.123% | $83.0M | $13.7M | 200x | as long as short |
| Lighter BNB | +0.0096% | 1h | 797.32 | +0.037% | $2.8M | $4.0M | 20x | as long as short |
| Phoenix BNB | +0.0099% | 1h | 799.13 | +0.265% | $172K | $36K | 10x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 798.10 | +0.136% | $1.4M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 797.18 | +0.020% | $1.2M | $937K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 797.10 | +0.010% | $54.1M | $110.8M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 797.40 | +0.048% | $52K | $133K | 10x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 797.07 | +0.006% | $27.9M | $10.0M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 796.77 | −0.031% | $78.0M | $28.1M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 798.91 | +0.237% | $4.2M | $76.7M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 798.95 | +0.242% | $161K | $435K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 798.38 | +0.171% | $113K | $884K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 798.08 | +0.133% | $386K | $459K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 798.19 | +0.147% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 798.83 | +0.227% | $13K | $1.7M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 797.70 | +0.085% | $392K | $997K | 10x | as long as short |
| HTX BNB-USDTlong | +0.0100% | 8h | 797.02 | long leg | $8.2M | $8.3M | 75x | |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 797.64 | +0.078% | $78K | $18K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 796.83 | −0.024% | $1.8M | $6.0M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 798.12 | +0.138% | $383K | $110K | 10x | as long as short |
| Bulk BNB-USD | +0.0127% | 1h | 799.28 | +0.283% | $649K | $10K | 10x | as long as short |
| RISEx BNB/USDC | +0.0155% | 1h | 798.40 | +0.174% | $1.1M | $1.4M | 20x | as long as short |
| Kalshi KXBNBPERP | +0.0156% | 8h | 798.70 | +0.211% | $90K | $2.8M | 4.8x | as long as short |
| BloFin BNB-USDT | +0.0196% | 8h | 798.72 | +0.213% | $18.1M | $2.6M | 75x | as long as short |
| 01 Exchange BNBUSD | +0.0200% | 1h | 798.86 | +0.231% | $28K | $1K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 798.23 | +0.152% | $1.6M | $161K | 25x | as long as short |
| dYdX BNB-USD | +0.0201% | 1h | 796.94 | −0.010% | $161K | $63K | 10x | as long as short |
| Hibachi BNB/USDT-P | +0.0272% | 1h | 798.92 | +0.238% | $68K | $38K | 12x | as long as short |
| Hyperliquid BNB | +0.0295% | 1h | 797.79 | +0.097% | $53.0M | $20.3M | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0330% | 1h | 798.16 | +0.143% | $6K | $3K | 40x | as long as short |
| Backpack BNB_USDC_PERP | +0.0420% | 1h | 798.50 | +0.186% | $2.7M | $5.7M | 40x | as long as short |
HTX BNB-USDT
Injective BNB/USDC PERP
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Gate BNB_USDT
BingX BNB-USDC
GRVT BNB_USDT_Perp
StandX BNB-USD
Variational Omni BNB
gTrade (Gains Network) BNB/USD
Bybit BNBUSDT
Phemex BNBUSDT
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
SunX BNB-USDT
SoDEX BNB-USD
Paradex BNB-USD-PERP
Extended BNB-USD
Bulk BNB-USD
RISEx BNB/USDC
Kalshi KXBNBPERP
BloFin BNB-USDT
01 Exchange BNBUSD
Deribit BNB_USDC-PERPETUAL
Hyperliquid BNB
Backpack BNB_USDC_PERP