Funding you earn now, next payment 02:00 UTC−0.0071%/8h= −7.7% APRnext payment −$0.09 per $10,000 · paid last 24h −0.005%
Price spread now: Injective against Aevo+1.971%7-day average −0.323% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.227%−$23 on $10k
+Price spread, last 3 days (all we have)−2.394%−$239 · spread now +1.971%, 7d avg −0.323%
=The price spread pays, funding is against you. Injective is 2.295% dearer against Aevo than usual: you sell high and buy low (spread +1.971% now, against its 7-day average of −0.323%): +$229 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo BNB-PERP | 789.52 | 0.0104 | pay 0.0013% / 1h | 4m 25s | $379K | $110K | 10x |
| Short | Injective BNB/USDC PERP | 805.09 | 0.0033 | get 0.0004% / 1h | 4m 25s | $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
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
- −$14.84
- Price spread: +1.971% → −0.323%
- $229.48
- 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
- $198.62
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: Aevo: live order book, 65 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, 65 min ago | 3.13 bp | 15.7 bp −$16 | 19.7 bp −$197 | 23.2 bp −$2,321 | 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 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 | 789.75 | +0.029% | $46K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0132% | 1h | 789.37 | −0.019% | $2.5M | $1.2M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 790.04 | +0.065% | $4K | $239 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 790.26 | +0.093% | $854K | $3.2M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 789.86 | +0.042% | $9.6M | — | 150x | as long as short |
| Aster BNBUSDT | +0.0033% | 8h | 790.44 | +0.115% | $6.2M | $19.2M | 200x | as long as short |
| Injective BNB/USDC PERPshort | +0.0033% | 1h | 805.09 | +1.971% | $19K | $789K | 30x | |
| BingX BNB-USDT | +0.0051% | 8h | 790.00 | +0.060% | — | $34.7M | — | as long as short |
| Variational Omni BNB | +0.0055% | 8h | 789.21 | −0.040% | $4.1M | $4.8M | — | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0056% | 1h | 788.82 | −0.089% | $619K | $1.8M | 50x | as long as short |
Show all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex BNBUSDT | +0.0064% | 8h | 789.98 | +0.058% | $69.1M | $50.6M | 50x | as long as short |
| Gate BNB_USDT | +0.0064% | 8h | 789.95 | +0.054% | $35.1M | $57.8M | 75x | as long as short |
| MEXC BNB_USDT | +0.0065% | 8h | 791.10 | +0.200% | $80.5M | $13.2M | 200x | as long as short |
| Binance BNBUSDT | +0.0066% | 8h | 790.79 | +0.160% | $495.0M | $818.3M | 75x | as long as short |
| GRVT BNB_USDT_Perp | +0.0084% | 8h | 788.67 | −0.109% | $2.9M | $28.5M | 10x | as long as short |
| Phoenix BNB | +0.0088% | 1h | 789.43 | −0.012% | $170K | $36K | 10x | as long as short |
| Lighter BNB | +0.0096% | 1h | 790.17 | +0.081% | $2.8M | $4.1M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 789.42 | −0.013% | $382K | $392K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 789.45 | −0.009% | $1.5M | $2.7M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 790.73 | +0.152% | $51.8M | $18.6M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 790.20 | +0.086% | $1.2M | $920K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 790.00 | +0.060% | $139.1M | $79.7M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 790.00 | +0.060% | $53.4M | $113.7M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 790.40 | +0.111% | $52K | $135K | 10x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 789.91 | +0.049% | $27.8M | $10.4M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 789.88 | +0.045% | $77.5M | $30.0M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 789.48 | −0.006% | $4.1M | $77.2M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 789.73 | +0.026% | $159K | $439K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 790.00 | +0.060% | $138K | $947K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 789.54 | +0.002% | $31K | $9K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 789.99 | +0.059% | $13K | $1.6M | 50x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 789.21 | −0.039% | $8.1M | $9.0M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0101% | 8h | 790.65 | +0.142% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 789.77 | +0.031% | $1.8M | $6.0M | 50x | as long as short |
| Aevo BNB-PERPlong | +0.0104% | 1h | 789.52 | long leg | $379K | $110K | 10x | |
| dYdX BNB-USD | +0.0106% | 1h | 789.56 | +0.004% | $160K | $64K | 10x | as long as short |
| SoDEX BNB-USD | +0.0109% | 1h | 789.50 | −0.003% | $388K | $1.0M | 10x | as long as short |
| RISEx BNB/USDC | +0.0131% | 1h | 790.48 | +0.120% | $1.1M | $1.1M | 20x | as long as short |
| Kalshi KXBNBPERP | +0.0172% | 8h | 789.80 | +0.035% | $92K | $2.9M | 4.8x | as long as short |
| 01 Exchange BNBUSD | +0.0272% | 1h | 790.82 | +0.164% | $28K | $3K | 10x | as long as short |
| Bulk BNB-USD | +0.0298% | 1h | 789.80 | +0.035% | $640K | $13K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 789.90 | +0.047% | $1.5M | $160K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0328% | 1h | 789.90 | +0.047% | $6K | $3K | 40x | as long as short |
| Backpack BNB_USDC_PERP | +0.0390% | 1h | 790.10 | +0.073% | $2.7M | $5.7M | 40x | as long as short |
| Hibachi BNB/USDT-P | +0.0528% | 1h | 789.78 | +0.032% | $68K | $39K | 12x | as long as short |
Injective BNB/USDC PERP
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Aster BNBUSDT
BingX BNB-USDT
Variational Omni BNB
Coinbase International BNB-PERP-INTX
Phemex BNBUSDT
Gate BNB_USDT
MEXC BNB_USDT
Binance BNBUSDT
GRVT BNB_USDT_Perp
Phoenix BNB
Lighter BNB
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
SoDEX BNB-USD
RISEx BNB/USDC
Kalshi KXBNBPERP
01 Exchange BNBUSD
Bulk BNB-USD
Deribit BNB_USDC-PERPETUAL
Backpack BNB_USDC_PERP