Funding you earn now, next payment 00:00 UTC−0.0183%/8h= −20.1% APRpaid last 24h +0.018%
Price spread now: MEXC against Injective−0.160%7-day average +0.527% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.180%+$18 on $10k
+Price spread, last 3 days (all we have)+0.974%+$97 · spread now −0.160%, 7d avg +0.527%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and MEXC is 0.687% cheaper against Injective than usual: you would sell low and buy high (−$69 if the spread goes back to its 7-day average of +0.527%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.180%, 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 | 805.09 | 0.0306 | pay 0.0038% / 1h | 52m 49s | $19K | $789K | 30x |
| Short | MEXC BNB_USDT | 803.80 | 0.0123 | get 0.0123% / 8h | 52m 49s | $83.6M | $13.5M | 200x |
Injective BNB/USDC PERP
MEXC BNB_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$38.46
- Price spread: −0.160% → +0.527%
- −$68.71
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$111.18
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; MEXC: live order book, 1 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 MEXC live order book, 1 min ago | 0.62 bp | 3.9 bp −$4 | 7.3 bp −$73 | 16.0 bp −$1,600 | 31.1 bp −$15.5K |
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 −0.0201% / S +0.0372% | 1h | 802.98 | −0.262% | $48K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 803.26 | −0.227% | $4K | $1K | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0074% | 1h | 803.00 | −0.259% | $2.6M | $969K | 50x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 802.91 | −0.271% | $3.0M | $28.2M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 803.25 | −0.229% | $868K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 803.05 | −0.253% | $9.8M | — | 150x | as long as short |
| Variational Omni BNB | +0.0031% | 8h | 801.64 | −0.428% | $4.2M | $5.4M | — | as long as short |
| BingX BNB-USDT | +0.0053% | 8h | 802.93 | −0.268% | — | $34.8M | — | as long as short |
| Bybit BNBUSDT | +0.0066% | 8h | 802.50 | −0.322% | $139.4M | $78.6M | 75x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0072% | 1h | 800.72 | −0.543% | $607K | $998K | 50x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
Kraken Futures PF_BNBUSD
GRVT BNB_USDT_Perp
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Variational Omni BNB
BingX BNB-USDT
Bybit BNBUSDT
Coinbase International BNB-PERP-INTXShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter BNB | +0.0096% | 1h | 803.39 | −0.212% | $2.8M | $4.1M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 802.80 | −0.284% | $1.4M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 802.97 | −0.263% | $1.2M | $926K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 802.60 | −0.309% | $54.8M | $113.7M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 803.50 | −0.197% | $53K | $133K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 802.70 | −0.297% | $35.8M | $57.6M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 802.99 | −0.261% | $28.1M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 802.51 | −0.320% | $79.6M | $27.4M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 803.03 | −0.256% | $4.2M | $77.7M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 802.61 | −0.308% | $162K | $442K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 803.09 | −0.248% | $119K | $874K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 803.05 | −0.253% | $388K | $497K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 803.18 | −0.237% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 803.86 | −0.153% | $13K | $1.7M | 50x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 802.90 | −0.272% | $8.2M | $7.9M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 803.41 | −0.209% | $78K | $19K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 802.34 | −0.341% | $1.9M | $6.4M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 803.36 | −0.215% | $386K | $40K | 10x | as long as short |
| Aster BNBUSDT | +0.0104% | 8h | 803.81 | −0.159% | $6.4M | $19.0M | 200x | as long as short |
| Kalshi KXBNBPERP | +0.0113% | 8h | 803.50 | −0.197% | $109K | $2.9M | 4.8x | as long as short |
| Phemex BNBUSDT | +0.0115% | 8h | 803.64 | −0.180% | $70.2M | $51.0M | 50x | as long as short |
| MEXC BNB_USDTshort | +0.0123% | 8h | 803.80 | −0.160% | $83.6M | $13.5M | 200x | |
| Binance BNBUSDT | +0.0125% | 8h | 803.48 | −0.200% | $502.6M | $818.4M | 75x | as long as short |
| Phoenix BNB | +0.0127% | 1h | 803.21 | −0.234% | $173K | $36K | 10x | as long as short |
| SoDEX BNB-USD | +0.0231% | 1h | 803.10 | −0.247% | $395K | $1.0M | 10x | as long as short |
| BloFin BNB-USDT | +0.0245% | 8h | 803.74 | −0.168% | $18.2M | $2.6M | 75x | as long as short |
| Hibachi BNB/USDT-P | +0.0248% | 1h | 802.88 | −0.275% | $71K | $49K | 12x | as long as short |
| RISEx BNB/USDC | +0.0258% | 1h | 803.38 | −0.212% | $1.1M | $1.4M | 20x | as long as short |
| Bulk BNB-USD | +0.0289% | 1h | 801.15 | −0.489% | $651K | $20K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 803.47 | −0.201% | $1.6M | $165K | 25x | as long as short |
| Injective BNB/USDC PERPlong | +0.0306% | 1h | 805.09 | long leg | $19K | $789K | 30x | |
| Hyperliquid BNB | +0.0309% | 1h | 803.84 | −0.155% | $52.0M | $21.3M | 10x | as long as short |
| Backpack BNB_USDC_PERP | +0.0320% | 1h | 803.68 | −0.175% | $2.7M | $5.7M | 40x | as long as short |
| Reya BNBRUSDPERP | +0.0332% | 1h | 802.72 | −0.294% | $6K | $3K | 40x | as long as short |
| 01 Exchange BNBUSD | +0.0432% | 1h | 803.95 | −0.142% | $28K | $1K | 10x | as long as short |
| dYdX BNB-USD | +0.0498% | 1h | 802.23 | −0.355% | $162K | $62K | 10x | as long as short |
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
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Aster BNBUSDT
Kalshi KXBNBPERP
Phemex BNBUSDT
Binance BNBUSDT
Phoenix BNB
SoDEX BNB-USD
BloFin BNB-USDT
Hibachi BNB/USDT-P
RISEx BNB/USDC
Bulk BNB-USD
Deribit BNB_USDC-PERPETUAL
Hyperliquid BNB
Backpack BNB_USDC_PERP
Reya BNBRUSDPERP
01 Exchange BNBUSD
dYdX BNB-USD