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 +0.005%

Price spread now: Aevo against Injective−1.983%7-day average +0.323% · you buy dearer than you sell

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

Long on Injective Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days+0.227%+$23 on $10k

Price spread, last 3 days (all we have)+2.405%+$241 · spread now −1.983%, 7d avg +0.323%

Together, before fees+2.632%+$263 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aevo is 2.306% cheaper against Injective than usual: you would sell low and buy high (spread −1.983% now, against its 7-day average of +0.323%). If the spread goes back, that is −$231 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	58m 26s	$19K	$789K	30x
Short	Aevo BNB-PERP	789.13	0.0104	get 0.0013% / 1h	58m 26s	$379K	$110K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Injective. 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 InjectivebpFee AevobpOrdersPrice spread, now −1.983%Rate

Funding earned: $14.84
Price spread: −1.983% → +0.323%: −$230.62
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$231.8
Costs to cover: 0.160%
Break-even: 116.3 days

Slippage unknown: Injective: no order-book sample; Aevo: live order book, 6 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 Aevo live order book, 6 min ago	8.23 bp	42.8 bp −$43	52.5 bp −$525	74.7 bp −$7,467	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 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	788.36	−2.078%	$46K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	789.66	−1.917%	$4K	$239	25x	as long as short
StandX BNB-USD	0.0000%	1h	790.02	−1.872%	$854K	$3.2M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	788.35	−2.080%	$9.6M	—	150x	as long as short
Injective BNB/USDC PERPlong	+0.0033%	1h	805.09	long leg	$19K	$789K	30x
Aster BNBUSDT	+0.0035%	8h	789.22	−1.971%	$6.2M	$18.8M	200x	as long as short
Coinbase International BNB-PERP-INTX	+0.0048%	1h	789.66	−1.917%	$619K	$1.8M	50x	as long as short
BingX BNB-USDT	+0.0053%	8h	788.61	−2.047%	—	$34.5M	—	as long as short
Phemex BNBUSDT	+0.0055%	8h	789.71	−1.910%	$69.1M	$50.8M	50x	as long as short
Variational Omni BNB	+0.0062%	8h	789.21	−1.972%	$4.1M	$4.8M	—	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BNB_USDT	+0.0068%	8h	789.30	−1.961%	$80.4M	$12.3M	200x	as long as short
Binance BNBUSDT	+0.0069%	8h	789.11	−1.985%	$494.1M	$810.3M	75x	as long as short
Gate BNB_USDT	+0.0074%	8h	788.40	−2.073%	$35.4M	$56.1M	75x	as long as short
Phoenix BNB	+0.0088%	1h	789.72	−1.909%	$170K	$34K	10x	as long as short
Kraken Futures PF_BNBUSD	+0.0091%	1h	789.20	−1.973%	$2.5M	$1.2M	50x	as long as short
Lighter BNB	+0.0096%	1h	788.93	−2.008%	$2.8M	$3.9M	20x	as long as short
GRVT BNB_USDT_Perp	+0.0098%	8h	790.16	−1.854%	$2.9M	$28.4M	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	788.37	−2.077%	$381K	$380K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	788.95	−2.005%	$1.5M	$2.6M	20x	as long as short
Pacifica BNB	+0.0100%	1h	788.95	−2.005%	$1.2M	$909K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	788.41	−2.072%	$138.7M	$79.2M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	788.30	−2.085%	$53.3M	$112.5M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	788.90	−2.011%	$52K	$135K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	788.51	−2.059%	$27.8M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	788.18	−2.100%	$77.0M	$29.9M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	789.58	−1.926%	$2.2M	$6.1M	40x	as long as short
edgeX BNBUSDC	+0.0100%	4h	789.88	−1.889%	$4.1M	$77.4M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	789.88	−1.889%	$159K	$438K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	788.44	−2.068%	$137K	$946K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	789.24	−1.969%	$31K	$9K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	789.88	−1.889%	$12K	$1.6M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	789.06	−1.991%	$8.1M	$9.0M	75x	as long as short
Hyperliquid BNB	+0.0102%	1h	789.17	−1.977%	$51.7M	$18.7M	10x	as long as short
Paradex BNB-USD-PERP	+0.0102%	8h	789.48	−1.939%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	788.36	−2.078%	$1.8M	$5.9M	50x	as long as short
Aevo BNB-PERPshort	+0.0104%	1h	789.13	−1.983%	$379K	$110K	10x
Kalshi KXBNBPERP	+0.0178%	8h	789.60	−1.924%	$90K	$2.8M	4.8x	as long as short
SoDEX BNB-USD	+0.0181%	1h	789.20	−1.974%	$388K	$1.0M	10x	as long as short
dYdX BNB-USD	+0.0296%	1h	788.88	−2.013%	$160K	$64K	10x	as long as short
Bulk BNB-USD	+0.0298%	1h	789.80	−1.899%	$640K	$13K	10x	as long as short
Reya BNBRUSDPERP	+0.0328%	1h	788.21	−2.097%	$6K	$3K	40x	as long as short
01 Exchange BNBUSD	+0.0344%	1h	789.47	−1.940%	$28K	$4K	10x	as long as short
RISEx BNB/USDC	+0.0361%	1h	789.04	−1.993%	$1.1M	$1.1M	20x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0400%	1h	789.62	−1.922%	$1.5M	$160K	25x	as long as short
Hibachi BNB/USDT-P	+0.0528%	1h	789.52	−1.934%	$67K	$39K	12x	as long as short