BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.04 per $10,000 · paid last 24h −0.026%

Price spread now: StandX against Injective−0.669%50s7-day average +0.379% · you buy dearer than you sell

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

Long on Injective Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.022%+$2 on $10k

Price spread, last 3 days (all we have)+1.177%+$118 · spread now −0.669%, 7d avg +0.379%

Together, before fees+1.199%+ Points / potential airdropStandX: Active · farm board+$120 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and StandX is 1.049% cheaper against Injective than usual: you would sell low and buy high (−$105 if the spread goes back to its 7-day average of +0.379%). Swap the legs. The two prices were read 50 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	Injective BNB/USDC PERP	805.09	0.0033	pay 0.0004% / 1h	26m 13s	$19K	$789K	30x
Short	StandX BNB-USD	799.70	0	get 0.0000% / 1h	26m 13s	$864K	$2.9M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX 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 StandXbpOrdersPrice spread, now −0.669%Rate

Funding earned: −$7
Price spread: −0.669% → +0.379%: −$104.87
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee StandX: 4 bp × 2 orders: −$8
Net: −$119.89
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; StandX: live order book, 3 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 StandX live order book, 3 min ago	5.12 bp	10.7 bp −$11	14.5 bp −$145	doesn't fit	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 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 −0.0159% / S +0.0335%	1h	800.16	−0.613%	$48K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0120%	1h	800.13	−0.616%	$2.5M	$1.0M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	799.06	−0.749%	$4K	$239	25x	as long as short
BingX BNB-USDT	−0.0024%	8h	800.18	−0.610%	—	$35.0M	—	as long as short
Bybit BNBUSDT	−0.0009%	8h	799.80	−0.657%	$139.0M	$75.6M	75x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	799.48	−0.697%	$3.0M	$27.5M	10x	as long as short
StandX BNB-USDshort	0.0000%	1h	799.70	−0.669%	$864K	$2.9M	30x
Phemex BNBUSDT	0.0000%	8h	800.48	−0.573%	$69.9M	$50.1M	50x	as long as short
Variational Omni BNB	+0.0003%	8h	799.72	−0.667%	$4.1M	$5.2M	—	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	800.14	−0.615%	$9.8M	—	150x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate BNB_USDT	+0.0023%	8h	799.85	−0.651%	$35.8M	$56.4M	75x	as long as short
Injective BNB/USDC PERPlong	+0.0033%	1h	805.09	long leg	$19K	$789K	30x
Coinbase International BNB-PERP-INTX	+0.0048%	1h	800.35	−0.589%	$616K	$1.1M	50x	as long as short
Aster BNBUSDT	+0.0060%	8h	800.69	−0.547%	$6.2M	$19.3M	200x	as long as short
MEXC BNB_USDT	+0.0081%	8h	800.90	−0.520%	$83.3M	$13.6M	200x	as long as short
Binance BNBUSDT	+0.0081%	8h	800.57	−0.561%	$496.8M	$810.3M	75x	as long as short
Lighter BNB	+0.0096%	1h	800.46	−0.575%	$2.8M	$4.0M	20x	as long as short
Phoenix BNB	+0.0099%	1h	798.91	−0.768%	$172K	$36K	10x	as long as short
Nado BNB-PERP	+0.0100%	1h	799.30	−0.719%	$1.5M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	799.65	−0.675%	$1.2M	$924K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	799.90	−0.645%	$54.3M	$111.2M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	799.70	−0.669%	$53K	$133K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	800.00	−0.632%	$27.9M	$10.1M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	799.96	−0.637%	$78.9M	$27.8M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	798.99	−0.757%	$4.2M	$76.2M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	798.82	−0.779%	$161K	$436K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	800.01	−0.631%	$117K	$878K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	800.09	−0.621%	$387K	$458K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	800.36	−0.588%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	800.78	−0.535%	$13K	$1.7M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	800.40	−0.583%	$394K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	799.40	−0.707%	$8.2M	$8.3M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	800.29	−0.597%	$78K	$18K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	799.82	−0.654%	$1.8M	$6.3M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	800.14	−0.614%	$384K	$110K	10x	as long as short
Bulk BNB-USD	+0.0127%	1h	799.28	−0.722%	$649K	$10K	10x	as long as short
RISEx BNB/USDC	+0.0155%	1h	799.74	−0.665%	$1.1M	$1.4M	20x	as long as short
Kalshi KXBNBPERP	+0.0156%	8h	800.40	−0.583%	$90K	$2.8M	4.8x	as long as short
Hibachi BNB/USDT-P	+0.0200%	1h	799.61	−0.680%	$69K	$38K	12x	as long as short
BloFin BNB-USDT	+0.0201%	8h	799.28	−0.722%	$18.1M	$2.6M	75x	as long as short
01 Exchange BNBUSD	+0.0208%	1h	800.19	−0.609%	$28K	$1K	10x	as long as short
dYdX BNB-USD	+0.0225%	1h	799.33	−0.716%	$161K	$63K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	800.74	−0.540%	$1.6M	$161K	25x	as long as short
Hyperliquid BNB	+0.0308%	1h	800.93	−0.517%	$53.2M	$20.7M	10x	as long as short
Reya BNBRUSDPERP	+0.0330%	1h	799.76	−0.662%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0393%	1h	800.89	−0.522%	$2.7M	$5.7M	40x	as long as short