Funding you earn now, next payment 22:00 UTC−0.0291%/8h= −31.9% APRpaid last 24h +0.017%
Price spread now: BingX against Injective−0.298%7-day average +0.369% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.284%+$28 on $10k
+Price spread, last 3 days (all we have)+0.885%+$88 · spread now −0.298%, 7d avg +0.369%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and BingX is 0.667% cheaper against Injective than usual: you would sell low and buy high (−$67 if the spread goes back to its 7-day average of +0.369%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.284%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective BNB/USDC PERP | 804.92 | 0.0353 | pay 0.0044% / 1h | 38m 56s | $19K | $526K | 30x |
| Short | BingX BNB-USDC | 802.52 | 0.0062 | get 0.0062% / 8h | 2h 38m | — | $13.3M | — |
Injective BNB/USDC PERP
BingX BNB-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Injective. 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
- −$61.16
- Price spread: −0.298% → +0.369%
- −$66.68
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$137.85
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; BingX: live order book, 4 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 4 min ago | 0.37 bp | 7.9 bp −$8 | 9.7 bp −$97 | 19.4 bp −$1,936 | 62.2 bp −$31.1K |
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 −0.0195% / S +0.0371% | 1h | 802.30 | −0.325% | $48K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 803.25 | −0.207% | $4K | $1K | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 803.28 | −0.204% | $3.0M | $29.7M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 803.20 | −0.214% | $112K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 803.58 | −0.166% | $868K | $3.0M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 802.33 | −0.322% | $9.7M | — | 150x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0038% | 1h | 802.12 | −0.348% | $2.5M | $910K | 50x | as long as short |
| Variational Omni BNB | +0.0055% | 8h | 802.35 | −0.319% | $4.0M | $5.4M | — | as long as short |
| BingX BNB-USDCshort | +0.0062% | 8h | 802.52 | −0.298% | — | $13.3M | — | |
| Bybit BNBUSDT | +0.0081% | 8h | 801.90 | −0.375% | $138.6M | $82.5M | 75x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Kraken Futures PF_BNBUSD
Variational Omni BNB
Bybit BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BNBUSDT | +0.0087% | 8h | 802.84 | −0.258% | $6.4M | $18.8M | 200x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0088% | 1h | 803.99 | −0.116% | $608K | $878K | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 802.48 | −0.303% | $2.8M | $4.2M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 802.00 | −0.363% | $1.4M | $2.8M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 802.58 | −0.291% | $1.2M | $923K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 802.30 | −0.325% | $55.0M | $115.3M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 802.60 | −0.288% | $52K | $161K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 802.15 | −0.344% | $35.9M | $58.4M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 802.03 | −0.359% | $28.1M | $10.5M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 801.89 | −0.376% | $78.9M | $24.5M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 803.51 | −0.175% | $4.2M | $76.8M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 803.43 | −0.185% | $158K | $438K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 802.12 | −0.348% | $118K | $868K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 802.37 | −0.317% | $388K | $593K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 802.45 | −0.307% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 802.92 | −0.248% | $13K | $1.7M | 50x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 802.78 | −0.266% | $1.6M | $165K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 802.64 | −0.283% | $8.2M | $7.4M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 802.94 | −0.247% | $78K | $19K | 50x | as long as short |
| MEXC BNB_USDT | +0.0103% | 8h | 803.30 | −0.201% | $84.3M | $13.6M | 200x | as long as short |
| Binance BNBUSDT | +0.0103% | 8h | 803.11 | −0.225% | $517.9M | $803.4M | 75x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 801.91 | −0.374% | $1.9M | $6.1M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 802.44 | −0.308% | $385K | $40K | 10x | as long as short |
| SoDEX BNB-USD | +0.0117% | 1h | 802.30 | −0.325% | $395K | $1.0M | 10x | as long as short |
| Phemex BNBUSDT | +0.0122% | 8h | 802.86 | −0.256% | $70.0M | $51.7M | 50x | as long as short |
| Phoenix BNB | +0.0125% | 1h | 803.50 | −0.176% | $173K | $35K | 10x | as long as short |
| Hyperliquid BNB | +0.0149% | 1h | 802.91 | −0.249% | $51.6M | $21.3M | 10x | as long as short |
| Bulk BNB-USD | +0.0194% | 1h | 803.61 | −0.163% | $649K | $11K | 10x | as long as short |
| RISEx BNB/USDC | +0.0209% | 1h | 802.55 | −0.294% | $1.1M | $1.4M | 20x | as long as short |
| BloFin BNB-USDT | +0.0223% | 8h | 802.88 | −0.253% | $18.8M | $3.1M | 75x | as long as short |
| dYdX BNB-USD | +0.0254% | 1h | 803.00 | −0.239% | $170K | $55K | 10x | as long as short |
| Hibachi BNB/USDT-P | +0.0256% | 1h | 802.85 | −0.257% | $71K | $49K | 12x | as long as short |
| 01 Exchange BNBUSD | +0.0312% | 1h | 802.92 | −0.248% | $28K | $1K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0334% | 1h | 801.86 | −0.381% | $6K | $3K | 40x | as long as short |
| Injective BNB/USDC PERPlong | +0.0353% | 1h | 804.92 | long leg | $19K | $526K | 30x | |
| Backpack BNB_USDC_PERP | +0.0680% | 1h | 803.34 | −0.196% | $3.0M | $5.3M | 40x | as long as short |
Aster BNBUSDT
Coinbase International BNB-PERP-INTX
Lighter BNB
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
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
MEXC BNB_USDT
Binance BNBUSDT
Extended BNB-USD
Aevo BNB-PERP
SoDEX BNB-USD
Phemex BNBUSDT
Phoenix BNB
Hyperliquid BNB
Bulk BNB-USD
RISEx BNB/USDC
BloFin BNB-USDT
dYdX BNB-USD
Hibachi BNB/USDT-P
01 Exchange BNBUSD
Reya BNBRUSDPERP
Backpack BNB_USDC_PERP