Funding you earn now, next payment 02:00 UTC−0.0098%/8h= −10.7% APRnext payment −$0.12 per $10,000 · paid last 24h −0.018%
Price spread now: Injective against RISEx+1.154%7-day average −0.326% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.104%−$10 on $10k
+Price spread, last 3 days (all we have)−1.619%−$162 · spread now +1.154%, 7d avg −0.326%
=The price spread pays, funding is against you. Injective is 1.480% dearer against RISEx than usual: you sell high and buy low (spread +1.154% now, against its 7-day average of −0.326%): +$148 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 50 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx BNB/USDC | 795.91 | 0.0131 | pay 0.0016% / 1h | 25m 49s | $1.1M | $1.1M | 20x |
| Short | Injective BNB/USDC PERP | 805.09 | 0.0033 | get 0.0004% / 1h | 25m 49s | $19K | $789K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against RISEx. 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
- −$20.58
- Price spread: +1.154% → −0.326%
- $148.04
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $121.44
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: RISEx: live order book, 3 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 RISEx live order book, 3 min ago | 0.94 bp | 4.1 bp −$4 | 8.1 bp −$81 | 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 45 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 −0.0167% / S +0.0335% | 1h | 795.70 | −0.026% | $46K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0131% | 1h | 795.82 | −0.011% | $2.5M | $1.0M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 795.77 | −0.017% | $4K | $239 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 796.20 | +0.037% | $860K | $3.1M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 795.69 | −0.028% | $9.7M | — | 150x | as long as short |
| Variational Omni BNB | +0.0031% | 8h | 795.62 | −0.036% | $4.1M | $4.8M | — | as long as short |
| Injective BNB/USDC PERPshort | +0.0033% | 1h | 805.09 | +1.154% | $19K | $789K | 30x | |
| Aster BNBUSDT | +0.0038% | 8h | 796.07 | +0.020% | $6.1M | $19.7M | 200x | as long as short |
| Phemex BNBUSDT | +0.0040% | 8h | 796.38 | +0.060% | $69.7M | $50.8M | 50x | as long as short |
| Gate BNB_USDT | +0.0047% | 8h | 795.45 | −0.057% | $35.4M | $56.3M | 75x | as long as short |
Show all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BNB-USDC | +0.0050% | 8h | 795.78 | −0.016% | — | $13.4M | — | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0056% | 1h | 791.17 | −0.595% | $607K | $1.1M | 50x | as long as short |
| GRVT BNB_USDT_Perp | +0.0059% | 8h | 795.02 | −0.111% | $3.0M | $28.4M | 10x | as long as short |
| Binance BNBUSDT | +0.0064% | 8h | 795.94 | +0.004% | $495.2M | $810.9M | 75x | as long as short |
| MEXC BNB_USDT | +0.0064% | 8h | 796.30 | +0.050% | $82.6M | $12.8M | 200x | as long as short |
| dYdX BNB-USD | +0.0067% | 1h | 795.36 | −0.068% | $161K | $63K | 10x | as long as short |
| Phoenix BNB | +0.0088% | 1h | 795.15 | −0.095% | $171K | $36K | 10x | as long as short |
| Lighter BNB | +0.0096% | 1h | 795.98 | +0.009% | $2.8M | $4.0M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 795.73 | −0.022% | $385K | $409K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 795.05 | −0.107% | $1.4M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 795.90 | 0.000% | $52.1M | $19.8M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 795.63 | −0.035% | $1.2M | $925K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 795.35 | −0.070% | $139.1M | $75.8M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 795.20 | −0.089% | $53.3M | $110.6M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 795.70 | −0.026% | $52K | $134K | 10x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 795.46 | −0.056% | $27.7M | $10.1M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 795.57 | −0.042% | $77.5M | $28.2M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 795.11 | −0.100% | $4.1M | $76.6M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 794.74 | −0.146% | $160K | $436K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 795.60 | −0.038% | $111K | $886K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 795.95 | +0.006% | $32K | $9K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 795.89 | −0.002% | $12K | $1.6M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 795.90 | −0.001% | $391K | $997K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 794.94 | −0.121% | $8.2M | $8.8M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 795.87 | −0.004% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 795.33 | −0.073% | $1.7M | $5.8M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 795.83 | −0.010% | $382K | $110K | 10x | as long as short |
| RISEx BNB/USDClong | +0.0131% | 1h | 795.91 | long leg | $1.1M | $1.1M | 20x | |
| Kalshi KXBNBPERP | +0.0158% | 8h | 795.60 | −0.038% | $112K | $2.7M | 4.8x | as long as short |
| Bulk BNB-USD | +0.0195% | 1h | 795.93 | +0.003% | $644K | $16K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0256% | 1h | 796.17 | +0.033% | $28K | $2K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0329% | 1h | 795.41 | −0.063% | $6K | $3K | 40x | as long as short |
| Backpack BNB_USDC_PERP | +0.0390% | 1h | 796.34 | +0.055% | $2.7M | $5.7M | 40x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0400% | 1h | 796.31 | +0.051% | $1.6M | $160K | 25x | as long as short |
| Hibachi BNB/USDT-P | +0.0536% | 1h | 795.00 | −0.113% | $68K | $38K | 12x | as long as short |
RISEx BNB/USDC
Injective BNB/USDC PERP
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Variational Omni BNB
Aster BNBUSDT
Phemex BNBUSDT
Gate BNB_USDT
BingX BNB-USDC
Coinbase International BNB-PERP-INTX
GRVT BNB_USDT_Perp
Binance BNBUSDT
MEXC BNB_USDT
Phoenix BNB
Lighter BNB
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Kalshi KXBNBPERP
Bulk BNB-USD
01 Exchange BNBUSD
Backpack BNB_USDC_PERP
Deribit BNB_USDC-PERPETUAL