Funding you earn now, next payment 04:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.001%
Price spread now: SunX against Injective−1.866%7-day average +0.333% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.184%+$18 on $10k
+Price spread, last 4 days (all we have)+2.343%+$234 · spread now −1.866%, 7d avg +0.333%
=Funding pays, the price is against you. SunX is 2.198% cheaper against Injective than usual: you would sell low and buy high (spread −1.866% now, against its 7-day average of +0.333%). If the spread goes back, that is −$220 on $10k: about 4 months of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective BNB/USDC PERP | 805.09 | 0.0033 | pay 0.0004% / 1h | 27m 09s | $19K | $789K | 30x |
| Short | SunX BNB-USDT | 790.07 | 0.0100 | get 0.0100% / 8h | 4h 27m | $12K | $1.5M | 50x |
Injective BNB/USDC PERP
SunX BNB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $14
- Price spread: −1.866% → +0.333%
- −$219.83
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$213.85
- Costs to cover
- 0.080%
- Break-even
- 113.9 days
Slippage unknown: Injective: no order-book sample; SunX: live order book, 8 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 SunX live order book, 8 min ago | 15.07 bp | 23.3 bp −$23 | 30.5 bp −$305 | doesn't fit | 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 −0.0186% / S +0.0351% | 1h | 789.27 | −1.965% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 790.16 | −1.854% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 791.63 | −1.672% | $854K | $3.2M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 789.23 | −1.970% | $9.5M | — | 150x | as long as short |
| Injective BNB/USDC PERPlong | +0.0033% | 1h | 805.09 | long leg | $19K | $789K | 30x | |
| Aster BNBUSDT | +0.0041% | 8h | 790.18 | −1.852% | $6.1M | $18.7M | 200x | as long as short |
| BingX BNB-USDC | +0.0052% | 8h | 789.85 | −1.893% | — | $13.4M | — | as long as short |
| Phemex BNBUSDT | +0.0063% | 8h | 790.30 | −1.837% | $69.2M | $49.8M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0064% | 1h | 789.45 | −1.943% | $582K | $1.9M | 50x | as long as short |
| Binance BNBUSDT | +0.0066% | 8h | 790.16 | −1.854% | $493.5M | $790.1M | 75x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Aster BNBUSDT
BingX BNB-USDC
Phemex BNBUSDT
Coinbase International BNB-PERP-INTX
Binance BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BNB_USDT | +0.0066% | 8h | 790.50 | −1.812% | $80.2M | $12.4M | 200x | as long as short |
| Lighter BNB | +0.0096% | 1h | 789.87 | −1.891% | $2.7M | $3.8M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 789.48 | −1.939% | $266K | $492K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 789.50 | −1.936% | $1.5M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 790.17 | −1.853% | $51.8M | $17.6M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 790.09 | −1.863% | $1.2M | $931K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 789.60 | −1.924% | $138.9M | $74.6M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 789.60 | −1.924% | $53.4M | $111.3M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 789.90 | −1.887% | $52K | $130K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 789.55 | −1.930% | $35.3M | $57.1M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 789.35 | −1.955% | $27.6M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 789.33 | −1.958% | $76.4M | $30.1M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 790.01 | −1.873% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 791.31 | −1.711% | $4.1M | $4.6M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 791.99 | −1.627% | $4.1M | $73.7M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 792.15 | −1.607% | $159K | $440K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 789.44 | −1.944% | $133K | $950K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 789.56 | −1.929% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDTshort | +0.0100% | 8h | 790.07 | −1.866% | $12K | $1.5M | 50x | |
| SoDEX BNB-USD | +0.0100% | 1h | 789.80 | −1.899% | $388K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 789.42 | −1.946% | $8.1M | $9.4M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0101% | 8h | 790.47 | −1.816% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 789.15 | −1.980% | $1.8M | $5.9M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 789.47 | −1.940% | $379K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0117% | 1h | 791.77 | −1.654% | $170K | $35K | 10x | as long as short |
| dYdX BNB-USD | +0.0138% | 1h | 789.99 | −1.876% | $160K | $64K | 10x | as long as short |
| GRVT BNB_USDT_Perp | +0.0145% | 8h | 792.31 | −1.588% | $3.0M | $28.5M | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0180% | 8h | 790.20 | −1.849% | $126K | $2.7M | 4.8x | as long as short |
| BloFin BNB-USDT | +0.0186% | 8h | 790.25 | −1.843% | $18.1M | $2.2M | 75x | as long as short |
| 01 Exchange BNBUSD | +0.0232% | 1h | 790.20 | −1.849% | $28K | $4K | 10x | as long as short |
| Bulk BNB-USD | +0.0245% | 1h | 789.82 | −1.897% | $640K | $9K | 10x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0263% | 1h | 789.65 | −1.918% | $2.5M | $1.2M | 50x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 789.96 | −1.879% | $1.5M | $143K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0326% | 1h | 789.20 | −1.974% | $6K | $3K | 40x | as long as short |
| Hibachi BNB/USDT-P | +0.0424% | 1h | 790.62 | −1.797% | $68K | $38K | 12x | as long as short |
| RISEx BNB/USDC | +0.0461% | 1h | 789.93 | −1.883% | $1.1M | $973K | 20x | as long as short |
MEXC BNB_USDT
Lighter BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
dYdX BNB-USD
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
BloFin BNB-USDT
01 Exchange BNBUSD
Bulk BNB-USD
Kraken Futures PF_BNBUSD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
Hibachi BNB/USDT-P
RISEx BNB/USDC