Funding you earn now, next payment 01:00 UTC−0.0122%/8h= −13.3% APRnext payment −$0.15 per $10,000 · paid last 24h −0.020%
Price spread now: Injective against RISEx+1.277%7-day average −0.348% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.103%−$10 on $10k
+Price spread, last 3 days (all we have)−1.751%−$175 · spread now +1.277%, 7d avg −0.348%
=The price spread pays, funding is against you. Injective is 1.625% dearer against RISEx than usual: you sell high and buy low (spread +1.277% now, against its 7-day average of −0.348%): +$162 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 45 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx BNB/USDC | 794.94 | 0.0155 | pay 0.0019% / 1h | 0m 44s | $1.1M | $1.4M | 20x |
| Short | Injective BNB/USDC PERP | 805.09 | 0.0033 | get 0.0004% / 1h | 0m 44s | $19K | $789K | 30x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$25.52
- Price spread: +1.277% → −0.348%
- $162.48
- 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
- $130.94
- 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy RISEx live order book, 3 min ago | 2.01 bp | 5.0 bp −$5 | 9.1 bp −$91 | doesn't fit | 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 −0.0159% / S +0.0335% | 1h | 794.49 | −0.056% | $47K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0121% | 1h | 794.35 | −0.074% | $2.5M | $1.0M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 795.13 | +0.024% | $4K | $239 | 25x | as long as short |
| Gate BNB_USDT | −0.0012% | 8h | 793.90 | −0.131% | $35.5M | $57.6M | 75x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 797.56 | +0.330% | $3.0M | $27.9M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 796.25 | +0.165% | $860K | $3.0M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 794.50 | −0.055% | $9.7M | — | 150x | as long as short |
| Variational Omni BNB | +0.0009% | 8h | 794.01 | −0.117% | $4.1M | $5.1M | — | as long as short |
| Phemex BNBUSDT | +0.0027% | 8h | 794.96 | +0.003% | $69.4M | $50.4M | 50x | as long as short |
| Injective BNB/USDC PERPshort | +0.0033% | 1h | 805.09 | +1.277% | $19K | $789K | 30x |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BNBUSDT | +0.0040% | 8h | 794.47 | −0.059% | $6.1M | $19.7M | 200x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0048% | 1h | 794.91 | −0.004% | $608K | $1.1M | 50x | as long as short |
| BingX BNB-USDT | +0.0055% | 8h | 794.18 | −0.095% | — | $34.9M | — | as long as short |
| Binance BNBUSDT | +0.0066% | 8h | 794.39 | −0.069% | $493.5M | $814.9M | 75x | as long as short |
| Bybit BNBUSDT | +0.0067% | 8h | 793.60 | −0.168% | $137.8M | $76.7M | 75x | as long as short |
| MEXC BNB_USDT | +0.0067% | 8h | 794.70 | −0.030% | $82.5M | $13.8M | 200x | as long as short |
| Lighter BNB | +0.0096% | 1h | 794.35 | −0.073% | $2.8M | $4.0M | 20x | as long as short |
| Phoenix BNB | +0.0099% | 1h | 795.43 | +0.062% | $171K | $36K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 794.35 | −0.074% | $384K | $468K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 794.45 | −0.061% | $1.4M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 794.24 | −0.088% | $1.2M | $930K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 793.70 | −0.156% | $53.5M | $111.2M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 795.10 | +0.020% | $52K | $127K | 10x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 794.01 | −0.117% | $27.7M | $10.0M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 793.78 | −0.146% | $77.7M | $28.1M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 796.74 | +0.227% | $4.1M | $76.7M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 797.11 | +0.273% | $161K | $435K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 794.58 | −0.045% | $113K | $889K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 794.45 | −0.061% | $32K | $9K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 794.87 | −0.008% | $12K | $1.6M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 794.50 | −0.055% | $391K | $995K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 794.26 | −0.085% | $8.1M | $8.4M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 794.24 | −0.088% | $77K | $18K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 793.59 | −0.169% | $1.8M | $6.0M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 794.35 | −0.074% | $382K | $110K | 10x | as long as short |
| Bulk BNB-USD | +0.0133% | 1h | 798.69 | +0.472% | $649K | $10K | 10x | as long as short |
| RISEx BNB/USDClong | +0.0155% | 1h | 794.94 | long leg | $1.1M | $1.4M | 20x | |
| Kalshi KXBNBPERP | +0.0163% | 8h | 795.50 | +0.071% | $103K | $2.8M | 4.8x | as long as short |
| dYdX BNB-USD | +0.0179% | 1h | 794.00 | −0.118% | $160K | $63K | 10x | as long as short |
| BloFin BNB-USDT | +0.0187% | 8h | 794.80 | −0.017% | $18.1M | $2.5M | 75x | as long as short |
| 01 Exchange BNBUSD | +0.0200% | 1h | 795.29 | +0.044% | $28K | $1K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 794.70 | −0.030% | $1.6M | $161K | 25x | as long as short |
| Hyperliquid BNB | +0.0273% | 1h | 794.86 | −0.010% | $52.8M | $20.1M | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0329% | 1h | 794.25 | −0.086% | $6K | $3K | 40x | as long as short |
| Hibachi BNB/USDT-P | +0.0408% | 1h | 796.08 | +0.144% | $68K | $38K | 12x | as long as short |
| Backpack BNB_USDC_PERP | +0.0424% | 1h | 794.95 | +0.002% | $2.7M | $5.7M | 40x | as long as short |
RISEx BNB/USDC
Injective BNB/USDC PERP
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Gate BNB_USDT
GRVT BNB_USDT_Perp
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Variational Omni BNB
Phemex BNBUSDT
Aster BNBUSDT
Coinbase International BNB-PERP-INTX
BingX BNB-USDT
Binance BNBUSDT
Bybit BNBUSDT
MEXC BNB_USDT
Lighter BNB
Phoenix BNB
Pacifica BNB
OKX BNB-USDT-SWAP
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Bulk BNB-USD
Kalshi KXBNBPERP
BloFin BNB-USDT
01 Exchange BNBUSD
Deribit BNB_USDC-PERPETUAL
Hyperliquid BNB
Backpack BNB_USDC_PERP