BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0249%/8h= −27.3% APRnext payment −$0.31 per $10,000 · paid last 24h +0.016%

Price spread now: Extended against Injective−0.340%7-day average +0.306% · you buy dearer than you sell

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

Long on Injective Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.305%+$30 on $10k

Price spread, last 3 days (all we have)+0.994%+$99 · spread now −0.340%, 7d avg +0.306%

Together, before fees+1.299%+ Points / potential airdropExtended: Active · farm board+$130 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Extended is 0.647% cheaper against Injective than usual: you would sell low and buy high (−$65 if the spread goes back to its 7-day average of +0.306%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.305%, 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	48m 38s	$19K	$526K	30x
Short	Extended BNB-USD	802.18	0.0104	get 0.0013% / 1h	48m 38s	$1.9M	$6.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Injective. 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 InjectivebpFee ExtendedbpOrdersPrice spread, now −0.340%Rate

Funding earned: −$52.34
Price spread: −0.340% → +0.306%: −$64.68
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$122.03
Costs to cover: 0.050%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; Extended: live order book, 5 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 Extended live order book, 5 min ago	0.69 bp	4.1 bp −$4	5.5 bp −$55	23.6 bp −$2,365	doesn't fit

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	802.28	−0.328%	$48K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	802.66	−0.281%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	803.08	−0.229%	$3.0M	$30.0M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	802.90	−0.251%	$109K	$2.5M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	803.05	−0.232%	$868K	$3.0M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	802.22	−0.336%	$9.7M	—	150x	as long as short
Kraken Futures PF_BNBUSD	+0.0038%	1h	802.31	−0.324%	$2.5M	$916K	50x	as long as short
Variational Omni BNB	+0.0063%	8h	802.15	−0.344%	$4.1M	$5.3M	—	as long as short
BingX BNB-USDC	+0.0070%	8h	802.48	−0.303%	—	$13.3M	—	as long as short
Aster BNBUSDT	+0.0085%	8h	802.90	−0.251%	$6.4M	$18.9M	200x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International BNB-PERP-INTX	+0.0088%	1h	803.99	−0.116%	$608K	$898K	50x	as long as short
Bybit BNBUSDT	+0.0096%	8h	801.98	−0.365%	$138.8M	$83.0M	75x	as long as short
Lighter BNB	+0.0096%	1h	802.57	−0.292%	$2.8M	$4.2M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	802.25	−0.332%	$1.4M	$2.8M	20x	as long as short
Pacifica BNB	+0.0100%	1h	802.65	−0.282%	$1.2M	$923K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	802.40	−0.313%	$54.9M	$115.1M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	802.70	−0.276%	$52K	$161K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	802.20	−0.338%	$35.9M	$58.2M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	802.21	−0.337%	$28.1M	$10.5M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	802.16	−0.343%	$78.9M	$24.5M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	803.76	−0.144%	$4.2M	$76.8M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	803.32	−0.199%	$158K	$437K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	802.18	−0.340%	$118K	$869K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	802.21	−0.337%	$388K	$595K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	802.42	−0.311%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	802.83	−0.260%	$13K	$1.7M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	802.30	−0.325%	$395K	$1.0M	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0100%	1h	802.72	−0.274%	$1.6M	$162K	25x	as long as short
HTX BNB-USDT	+0.0100%	8h	802.58	−0.291%	$8.2M	$7.4M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	803.09	−0.228%	$78K	$19K	50x	as long as short
Binance BNBUSDT	+0.0102%	8h	803.10	−0.226%	$518.0M	$806.6M	75x	as long as short
MEXC BNB_USDT	+0.0102%	8h	803.60	−0.164%	$84.3M	$13.5M	200x	as long as short
Extended BNB-USDshort	+0.0104%	1h	802.18	−0.340%	$1.9M	$6.1M	50x
Aevo BNB-PERP	+0.0104%	1h	802.35	−0.320%	$385K	$40K	10x	as long as short
Phemex BNBUSDT	+0.0123%	8h	802.78	−0.266%	$70.1M	$51.6M	50x	as long as short
Phoenix BNB	+0.0125%	1h	803.11	−0.225%	$173K	$35K	10x	as long as short
Bulk BNB-USD	+0.0161%	1h	803.45	−0.182%	$649K	$11K	10x	as long as short
Hyperliquid BNB	+0.0161%	1h	803.07	−0.230%	$51.6M	$21.3M	10x	as long as short
dYdX BNB-USD	+0.0207%	1h	802.35	−0.319%	$170K	$55K	10x	as long as short
RISEx BNB/USDC	+0.0209%	1h	802.86	−0.256%	$1.1M	$1.4M	20x	as long as short
BloFin BNB-USDT	+0.0222%	8h	802.79	−0.265%	$18.8M	$3.1M	75x	as long as short
Hibachi BNB/USDT-P	+0.0248%	1h	802.79	−0.265%	$71K	$48K	12x	as long as short
01 Exchange BNBUSD	+0.0320%	1h	803.23	−0.210%	$28K	$1K	10x	as long as short
Reya BNBRUSDPERP	+0.0335%	1h	801.97	−0.366%	$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	+0.0682%	1h	803.45	−0.183%	$3.0M	$5.3M	40x	as long as short