Settings8H · net · $10k
Funding arb · Price arb /

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−1.723%−$172 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx BNB/USDC795.910.0131pay 0.0016% / 1h25m 49s$1.1M$1.1M20x
ShortInjective BNB/USDC PERP805.090.0033get 0.0004% / 1h25m 49s$19K$789K30x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy RISEx live order book, 3 min ago0.94 bp4.1 bp −$48.1 bp −$81doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0167% / S +0.0335%1h795.70−0.026%$46K200xas long as short
Kraken Futures PF_BNBUSD−0.0131%1h795.82−0.011%$2.5M$1.0M50xas long as short
Hotstuff BNB-PERP−0.0080%1h795.77−0.017%$4K$23925xas long as short
StandX BNB-USD0.0000%1h796.20+0.037%$860K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h795.69−0.028%$9.7M150xas long as short
Variational Omni BNB+0.0031%8h795.62−0.036%$4.1M$4.8Mas long as short
Injective BNB/USDC PERPshort+0.0033%1h805.09+1.154%$19K$789K30x
Aster BNBUSDT+0.0038%8h796.07+0.020%$6.1M$19.7M200xas long as short
Phemex BNBUSDT+0.0040%8h796.38+0.060%$69.7M$50.8M50xas long as short
Gate BNB_USDT+0.0047%8h795.45−0.057%$35.4M$56.3M75xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BNB-USDC+0.0050%8h795.78−0.016%$13.4Mas long as short
Coinbase International BNB-PERP-INTX+0.0056%1h791.17−0.595%$607K$1.1M50xas long as short
GRVT BNB_USDT_Perp+0.0059%8h795.02−0.111%$3.0M$28.4M10xas long as short
Binance BNBUSDT+0.0064%8h795.94+0.004%$495.2M$810.9M75xas long as short
MEXC BNB_USDT+0.0064%8h796.30+0.050%$82.6M$12.8M200xas long as short
dYdX BNB-USD+0.0067%1h795.36−0.068%$161K$63K10xas long as short
Phoenix BNB+0.0088%1h795.15−0.095%$171K$36K10xas long as short
Lighter BNB+0.0096%1h795.98+0.009%$2.8M$4.0M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h795.73−0.022%$385K$409K50xas long as short
Nado BNB-PERP+0.0100%1h795.05−0.107%$1.4M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h795.900.000%$52.1M$19.8M10xas long as short
Pacifica BNB+0.0100%1h795.63−0.035%$1.2M$925K20xas long as short
Bybit BNBUSDT+0.0100%8h795.35−0.070%$139.1M$75.8M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h795.20−0.089%$53.3M$110.6M50xas long as short
Arcus BNB-USD+0.0100%1h795.70−0.026%$52K$134K10xas long as short
KuCoin BNBUSDTM+0.0100%8h795.46−0.056%$27.7M$10.1M75xas long as short
Bitget BNBUSDT+0.0100%8h795.57−0.042%$77.5M$28.2M75xas long as short
edgeX BNBUSDC+0.0100%4h795.11−0.100%$4.1M$76.6M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h794.74−0.146%$160K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h795.60−0.038%$111K$886K10xas long as short
Derive BNB-PERP+0.0100%1h795.95+0.006%$32K$9K10xas long as short
SunX BNB-USDT+0.0100%8h795.89−0.002%$12K$1.6M50xas long as short
SoDEX BNB-USD+0.0100%1h795.90−0.001%$391K$997K10xas long as short
HTX BNB-USDT+0.0100%8h794.94−0.121%$8.2M$8.8M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h795.87−0.004%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h795.33−0.073%$1.7M$5.8M50xas long as short
Aevo BNB-PERP+0.0104%1h795.83−0.010%$382K$110K10xas long as short
RISEx BNB/USDClong+0.0131%1h795.91long leg$1.1M$1.1M20x
Kalshi KXBNBPERP+0.0158%8h795.60−0.038%$112K$2.7M4.8xas long as short
Bulk BNB-USD+0.0195%1h795.93+0.003%$644K$16K10xas long as short
01 Exchange BNBUSD+0.0256%1h796.17+0.033%$28K$2K10xas long as short
Reya BNBRUSDPERP+0.0329%1h795.41−0.063%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0390%1h796.34+0.055%$2.7M$5.7M40xas long as short
Deribit BNB_USDC-PERPETUAL+0.0400%1h796.31+0.051%$1.6M$160K25xas long as short
Hibachi BNB/USDT-P+0.0536%1h795.00−0.113%$68K$38K12xas long as short