Funding you earn now, next payment 08:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.001%
Price spread now: SunX against Injective−2.495%7-day average +0.216% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.124%+$12 on $10k
+Price spread, last 4 days (all we have)+2.945%+$295 · spread now −2.495%, 7d avg +0.216%
=Funding pays, the price is against you. SunX is 2.712% cheaper against Injective than usual: you would sell low and buy high (spread −2.495% now, against its 7-day average of +0.216%). If the spread goes back, that is −$271 on $10k: about 5 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 | 16m 42s | $19K | $789K | 30x |
| Short | SunX BNB-USDT | 785.00 | 0.0100 | get 0.0100% / 8h | 16m 42s | $12K | $1.5M | 50x |
Injective BNB/USDC PERP
SunX BNB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Injective. 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
- $14
- Price spread: −2.495% → +0.216%
- −$271.18
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$265.2
- Costs to cover
- 0.080%
- Break-even
- 139.6 days
Slippage unknown: Injective: no order-book sample; SunX: live order book, 8 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 SunX live order book, 8 min ago | 15.07 bp | 23.6 bp −$24 | 30.6 bp −$306 | 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 −0.0168% / S +0.0337% | 1h | 784.60 | −2.545% | $43K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 784.83 | −2.516% | $4K | $42 | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0050% | 1h | 784.67 | −2.537% | $2.5M | $1.2M | 50x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 785.30 | −2.458% | $170K | $2.7M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 785.26 | −2.463% | $847K | $2.7M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 784.58 | −2.547% | $9.5M | — | 150x | as long as short |
| Injective BNB/USDC PERPlong | +0.0033% | 1h | 805.09 | long leg | $19K | $789K | 30x | |
| Aster BNBUSDT | +0.0033% | 8h | 785.35 | −2.452% | $6.0M | $18.7M | 200x | as long as short |
| BingX BNB-USDC | +0.0039% | 8h | 784.58 | −2.548% | — | $13.4M | — | as long as short |
| MEXC BNB_USDT | +0.0048% | 8h | 785.90 | −2.384% | $80.8M | $12.0M | 200x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
Kraken Futures PF_BNBUSD
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Aster BNBUSDT
BingX BNB-USDC
MEXC BNB_USDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNBUSDT | +0.0049% | 8h | 785.37 | −2.449% | $488.2M | $814.8M | 75x | as long as short |
| Phemex BNBUSDT | +0.0075% | 8h | 785.26 | −2.463% | $68.5M | $51.1M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 784.91 | −2.506% | $2.7M | $3.8M | 20x | as long as short |
| Phoenix BNB | +0.0100% | 1h | 785.13 | −2.479% | $159K | $35K | 10x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 784.35 | −2.576% | $1.3M | $2.7M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 785.35 | −2.452% | $51.5M | $17.6M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 785.04 | −2.491% | $1.2M | $938K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 784.54 | −2.553% | $138.1M | $74.0M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 784.60 | −2.545% | $53.4M | $111.8M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 785.00 | −2.495% | $52K | $125K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 784.75 | −2.526% | $38.3M | $58.6M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 784.55 | −2.551% | $27.6M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 784.45 | −2.564% | $75.3M | $32.5M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 785.10 | −2.483% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 783.41 | −2.693% | $4.0M | $4.7M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 785.01 | −2.494% | $4.1M | $76.7M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 785.42 | −2.443% | $158K | $436K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 784.31 | −2.581% | $131K | $944K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 784.64 | −2.540% | $264K | $388K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 784.56 | −2.551% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDTshort | +0.0100% | 8h | 785.00 | −2.495% | $12K | $1.5M | 50x | |
| SoDEX BNB-USD | +0.0100% | 1h | 784.80 | −2.520% | $386K | $965K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 784.63 | −2.541% | $8.0M | $10.4M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 785.28 | −2.461% | $78K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 784.40 | −2.570% | $1.8M | $5.8M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 784.68 | −2.535% | $377K | $110K | 10x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0104% | 1h | 784.48 | −2.560% | $546K | $1.9M | 50x | as long as short |
| dYdX BNB-USD | +0.0111% | 1h | 784.27 | −2.586% | $159K | $62K | 10x | as long as short |
| BloFin BNB-USDT | +0.0169% | 8h | 785.10 | −2.483% | $17.7M | $2.2M | 75x | as long as short |
| GRVT BNB_USDT_Perp | +0.0217% | 8h | 785.43 | −2.442% | $2.9M | $28.3M | 10x | as long as short |
| Bulk BNB-USD | +0.0231% | 1h | 784.93 | −2.504% | $636K | $831 | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0248% | 1h | 785.03 | −2.492% | $28K | $4K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 785.05 | −2.489% | $1.5M | $141K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0320% | 1h | 784.16 | −2.600% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0350% | 1h | 784.87 | −2.512% | $1.1M | $904K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0456% | 1h | 784.71 | −2.532% | $67K | $39K | 12x | as long as short |
Binance BNBUSDT
Phemex BNBUSDT
Lighter BNB
Phoenix BNB
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Coinbase International BNB-PERP-INTX
dYdX BNB-USD
BloFin BNB-USDT
GRVT BNB_USDT_Perp
Bulk BNB-USD
01 Exchange BNBUSD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
RISEx BNB/USDC
Hibachi BNB/USDT-P