BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0071%/8h= −7.7% APRnext payment −$0.09 per $10,000 · paid last 24h −0.002%

Price spread now: Injective against Aevo+1.685%59s7-day average −0.294% · you sell dearer than you buy

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

Long on Aevo Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−0.207%−$21 on $10k

Price spread, last 4 days (all we have)−2.098%−$210 · spread now +1.685%, 7d avg −0.294%

Together, before fees−2.306%−$231 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Injective is 1.979% dearer against Aevo than usual: you sell high and buy low (spread +1.685% now, against its 7-day average of −0.294%): +$198 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3 months. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo BNB-PERP	791.75	0.0104	pay 0.0013% / 1h	9m 39s	$380K	$110K	10x
Short	Injective BNB/USDC PERP	805.09	0.0033	get 0.0004% / 1h	9m 39s	$19K	$789K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Aevo. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 AevobpFee InjectivebpOrdersPrice spread, now +1.685%Rate

Funding earned: −$14.84
Price spread: +1.685% → −0.294%: $197.93
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $167.07
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: Aevo: live order book, 54 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 Aevo live order book, 54 min ago	8.23 bp	35.1 bp −$35	42.0 bp −$420	68.1 bp −$6,810	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 −0.0167% / S +0.0335%	1h	791.75	+0.001%	$46K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	791.63	−0.015%	$4K	$239	25x	as long as short
StandX BNB-USD	0.0000%	1h	792.31	+0.071%	$856K	$3.1M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	791.79	+0.006%	$9.7M	—	150x	as long as short
Injective BNB/USDC PERPshort	+0.0033%	1h	805.09	+1.685%	$19K	$789K	30x
Phemex BNBUSDT	+0.0046%	8h	792.22	+0.060%	$69.4M	$50.5M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0048%	1h	792.03	+0.036%	$615K	$1.8M	50x	as long as short
Aster BNBUSDT	+0.0050%	8h	791.74	−0.001%	$6.2M	$18.6M	200x	as long as short
BingX BNB-USDT	+0.0059%	8h	791.26	−0.062%	—	$34.3M	—	as long as short
MEXC BNB_USDT	+0.0072%	8h	792.10	+0.045%	$80.5M	$12.5M	200x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BNBUSDT	+0.0072%	8h	791.61	−0.017%	$494.5M	$790.6M	75x	as long as short
Kraken Futures PF_BNBUSD	+0.0091%	1h	791.61	−0.017%	$2.5M	$1.2M	50x	as long as short
Lighter BNB	+0.0096%	1h	791.21	−0.068%	$2.8M	$3.9M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	791.86	+0.014%	$266K	$498K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	791.95	+0.026%	$1.5M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	791.87	+0.016%	$52.0M	$17.5M	10x	as long as short
Pacifica BNB	+0.0100%	1h	791.40	−0.044%	$1.2M	$914K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	791.00	−0.094%	$139.2M	$76.5M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	790.90	−0.107%	$53.7M	$111.5M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	791.40	−0.044%	$52K	$130K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	791.05	−0.088%	$35.4M	$57.3M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	791.24	−0.064%	$27.8M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	790.79	−0.121%	$77.0M	$29.8M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	791.94	+0.024%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	791.10	−0.082%	$4.1M	$4.6M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	791.77	+0.003%	$4.1M	$74.5M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	791.88	+0.017%	$159K	$441K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	791.99	+0.031%	$134K	$949K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	791.99	+0.031%	$32K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	792.45	+0.089%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	791.90	+0.019%	$389K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	792.00	+0.032%	$8.1M	$9.2M	75x	as long as short
Paradex BNB-USD-PERP	+0.0102%	8h	791.86	+0.015%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	790.74	−0.127%	$1.8M	$5.9M	50x	as long as short
Aevo BNB-PERPlong	+0.0104%	1h	791.75	long leg	$380K	$110K	10x
Phoenix BNB	+0.0107%	1h	791.53	−0.027%	$170K	$35K	10x	as long as short
GRVT BNB_USDT_Perp	+0.0143%	8h	791.96	+0.027%	$2.9M	$28.0M	10x	as long as short
Kalshi KXBNBPERP	+0.0186%	8h	792.50	+0.095%	$82K	$2.7M	4.8x	as long as short
BloFin BNB-USDT	+0.0192%	8h	792.33	+0.074%	$18.2M	$2.2M	75x	as long as short
dYdX BNB-USD	+0.0193%	1h	791.19	−0.070%	$160K	$63K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	792.17	+0.053%	$1.5M	$143K	25x	as long as short
01 Exchange BNBUSD	+0.0280%	1h	791.92	+0.022%	$28K	$4K	10x	as long as short
Reya BNBRUSDPERP	+0.0327%	1h	791.57	−0.022%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0361%	1h	791.50	−0.031%	$1.1M	$980K	20x	as long as short
Bulk BNB-USD	+0.0366%	1h	792.18	+0.055%	$641K	$9K	10x	as long as short
Hibachi BNB/USDT-P	+0.0584%	1h	791.66	−0.011%	$68K	$38K	12x	as long as short