Settings8H · net · $10k
Funding arb · Price arb /

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−1.586%−$159 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BNB-USDT797.020.0100pay 0.0100% / 8h7h 18m$8.2M$8.3M75x
ShortInjective BNB/USDC PERP805.090.0033get 0.0004% / 1h18m 38s$19K$789K30x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, just now0.01 bp10.4 bp −$1015.1 bp −$15151.3 bp −$5,132doesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0159% / S +0.0335%1h798.43+0.177%$47K200xas long as short
Kraken Futures PF_BNBUSD−0.0121%1h797.53+0.064%$2.5M$1.0M50xas long as short
Hotstuff BNB-PERP−0.0080%1h798.74+0.216%$4K$23925xas long as short
Gate BNB_USDT−0.0010%8h796.85−0.021%$35.8M$56.8M75xas long as short
BingX BNB-USDC−0.0007%8h797.07+0.006%$13.3Mas long as short
GRVT BNB_USDT_Perp0.0000%8h798.85+0.230%$3.0M$27.9M10xas long as short
StandX BNB-USD0.0000%1h798.95+0.242%$863K$2.9M30xas long as short
Variational Omni BNB+0.0004%8h797.72+0.088%$4.1M$5.0Mas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h798.37+0.169%$9.7M150xas long as short
Bybit BNBUSDT+0.0013%8h796.90−0.015%$138.4M$76.3M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0016%8h798.03+0.127%$69.7M$50.2M50xas long as short
Injective BNB/USDC PERPshort+0.0033%1h805.09+1.013%$19K$789K30x
Coinbase International BNB-PERP-INTX+0.0048%1h799.07+0.257%$615K$1.1M50xas long as short
Aster BNBUSDT+0.0053%8h797.41+0.049%$6.1M$19.4M200xas long as short
Binance BNBUSDT+0.0075%8h797.41+0.049%$495.1M$811.4M75xas long as short
MEXC BNB_USDT+0.0076%8h798.00+0.123%$83.0M$13.7M200xas long as short
Lighter BNB+0.0096%1h797.32+0.037%$2.8M$4.0M20xas long as short
Phoenix BNB+0.0099%1h799.13+0.265%$172K$36K10xas long as short
Nado BNB-PERP+0.0100%1h798.10+0.136%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h797.18+0.020%$1.2M$937K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h797.10+0.010%$54.1M$110.8M50xas long as short
Arcus BNB-USD+0.0100%1h797.40+0.048%$52K$133K10xas long as short
KuCoin BNBUSDTM+0.0100%8h797.07+0.006%$27.9M$10.0M75xas long as short
Bitget BNBUSDT+0.0100%8h796.77−0.031%$78.0M$28.1M75xas long as short
edgeX BNBUSDC+0.0100%4h798.91+0.237%$4.2M$76.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h798.95+0.242%$161K$435K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h798.38+0.171%$113K$884K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h798.08+0.133%$386K$459K50xas long as short
Derive BNB-PERP+0.0100%1h798.19+0.147%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h798.83+0.227%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h797.70+0.085%$392K$997K10xas long as short
HTX BNB-USDTlong+0.0100%8h797.02long leg$8.2M$8.3M75x
Paradex BNB-USD-PERP+0.0100%8h797.64+0.078%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h796.83−0.024%$1.8M$6.0M50xas long as short
Aevo BNB-PERP+0.0104%1h798.12+0.138%$383K$110K10xas long as short
Bulk BNB-USD+0.0127%1h799.28+0.283%$649K$10K10xas long as short
RISEx BNB/USDC+0.0155%1h798.40+0.174%$1.1M$1.4M20xas long as short
Kalshi KXBNBPERP+0.0156%8h798.70+0.211%$90K$2.8M4.8xas long as short
BloFin BNB-USDT+0.0196%8h798.72+0.213%$18.1M$2.6M75xas long as short
01 Exchange BNBUSD+0.0200%1h798.86+0.231%$28K$1K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h798.23+0.152%$1.6M$161K25xas long as short
dYdX BNB-USD+0.0201%1h796.94−0.010%$161K$63K10xas long as short
Hibachi BNB/USDT-P+0.0272%1h798.92+0.238%$68K$38K12xas long as short
Hyperliquid BNB+0.0295%1h797.79+0.097%$53.0M$20.3M10xas long as short
Reya BNBRUSDPERP+0.0330%1h798.16+0.143%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0420%1h798.50+0.186%$2.7M$5.7M40xas long as short