BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0206%/8h= +22.6% APRnext payment +$0.26 per $10,000 · paid last 24h −0.011%

Price spread now: Injective against Pacifica+0.484%7-day average −0.383% · you sell dearer than you buy

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

Long on Pacifica Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−0.296%−$30 on $10k

Price spread, last 3 days (all we have)−1.055%−$105 · spread now +0.484%, 7d avg −0.383%

Together, before fees−1.351%+ Points / potential airdropPacifica: Active · farm board−$135 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Injective is 0.867% dearer against Pacifica than usual: you sell high and buy low: +$87 more if the spread goes back to its 7-day average of −0.383%. Mind the row above: over the last 7 days funding on this pair cost −0.296%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica BNB	801.21	0.0100	pay 0.0013% / 1h	58m 49s	$1.2M	$926K	20x
Short	Injective BNB/USDC PERP	805.09	0.0306	get 0.0038% / 1h	58m 49s	$19K	$789K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Pacifica. 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 PacificabpFee InjectivebpOrdersPrice spread, now +0.484%Rate

Funding earned: $43.29
Price spread: +0.484% → −0.383%: $86.72
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $121.99
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Pacifica: live order book, 5 min ago; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Pacifica live order book, 5 min ago	2.00 bp	6.9 bp −$7	doesn't fit	doesn't fit	doesn'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.

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	800.94	−0.034%	$48K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	801.35	+0.018%	$4K	$1K	25x	as long as short
Kraken Futures PF_BNBUSD	−0.0074%	1h	801.15	−0.007%	$2.6M	$969K	50x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	800.99	−0.027%	$3.0M	$28.4M	10x	as long as short
StandX BNB-USD	0.0000%	1h	802.01	+0.100%	$867K	$2.9M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	800.92	−0.036%	$9.8M	—	150x	as long as short
Variational Omni BNB	+0.0031%	8h	800.04	−0.146%	$4.2M	$5.4M	—	as long as short
BingX BNB-USDC	+0.0052%	8h	801.75	+0.068%	—	$13.3M	—	as long as short
Bybit BNBUSDT	+0.0066%	8h	801.17	−0.005%	$139.3M	$78.6M	75x	as long as short
Coinbase International BNB-PERP-INTX	+0.0072%	1h	800.72	−0.061%	$607K	$998K	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter BNB	+0.0096%	1h	801.52	+0.039%	$2.8M	$4.1M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	800.48	−0.092%	$1.4M	$2.7M	20x	as long as short
Pacifica BNBlong	+0.0100%	1h	801.21	long leg	$1.2M	$926K	20x
OKX BNB-USDT-SWAP	+0.0100%	8h	801.40	+0.024%	$54.7M	$113.9M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	801.40	+0.024%	$53K	$134K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	801.15	−0.007%	$35.8M	$57.3M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	801.40	+0.024%	$28.0M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	801.30	+0.011%	$80.9M	$26.7M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	800.55	−0.082%	$4.2M	$77.7M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	800.56	−0.081%	$161K	$442K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	800.78	−0.053%	$119K	$874K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	800.99	−0.027%	$387K	$489K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	801.18	−0.003%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	801.40	+0.024%	$13K	$1.7M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	800.97	−0.030%	$8.2M	$7.9M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	801.71	+0.063%	$78K	$19K	50x	as long as short
Aster BNBUSDT	+0.0100%	8h	802.20	+0.124%	$6.4M	$18.9M	200x	as long as short
Extended BNB-USD	+0.0104%	1h	801.08	−0.016%	$1.9M	$6.3M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	801.34	+0.016%	$385K	$40K	10x	as long as short
Phemex BNBUSDT	+0.0114%	8h	801.43	+0.028%	$70.1M	$51.0M	50x	as long as short
Kalshi KXBNBPERP	+0.0117%	8h	801.10	−0.014%	$109K	$2.9M	4.8x	as long as short
MEXC BNB_USDT	+0.0119%	8h	802.60	+0.174%	$83.4M	$13.5M	200x	as long as short
Binance BNBUSDT	+0.0121%	8h	802.32	+0.139%	$502.1M	$819.0M	75x	as long as short
Phoenix BNB	+0.0155%	1h	800.77	−0.055%	$172K	$34K	10x	as long as short
Hibachi BNB/USDT-P	+0.0240%	1h	800.59	−0.077%	$71K	$48K	12x	as long as short
BloFin BNB-USDT	+0.0241%	8h	801.83	+0.078%	$18.2M	$2.5M	75x	as long as short
SoDEX BNB-USD	+0.0247%	1h	801.30	+0.011%	$394K	$1.0M	10x	as long as short
RISEx BNB/USDC	+0.0258%	1h	801.05	−0.020%	$1.1M	$1.4M	20x	as long as short
Bulk BNB-USD	+0.0289%	1h	801.15	−0.007%	$651K	$20K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	801.56	+0.044%	$1.6M	$165K	25x	as long as short
Injective BNB/USDC PERPshort	+0.0306%	1h	805.09	+0.484%	$19K	$789K	30x
Reya BNBRUSDPERP	+0.0332%	1h	800.45	−0.094%	$6K	$3K	40x	as long as short
Hyperliquid BNB	+0.0335%	1h	802.28	+0.134%	$51.9M	$21.6M	10x	as long as short
dYdX BNB-USD	+0.0369%	1h	800.88	−0.041%	$161K	$62K	10x	as long as short
Backpack BNB_USDC_PERP	+0.0412%	1h	802.31	+0.137%	$2.7M	$5.7M	40x	as long as short
01 Exchange BNBUSD	+0.0448%	1h	801.71	+0.063%	$28K	$1K	10x	as long as short