Funding you earn now, next payment 00:00 UTC−0.0074%/8h= −8.1% APRnext payment −$0.09 per $10,000 · paid last 24h −0.112%
Price spread now: Injective against dYdX+0.908%98s7-day average −0.341% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.662%−$66 on $10k
+Price spread, last 3 days (all we have)−1.400%−$140 · spread now +0.908%, 7d avg −0.341%
=The price spread pays, funding is against you. Injective is 1.249% dearer against dYdX than usual: you sell high and buy low (spread +0.908% now, against its 7-day average of −0.341%): +$125 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 56 days. At the pace of the last 7 days (−0.662% in total) that is about 13 days. The two prices were read 98 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 | dYdX BNB-USD | 797.85 | 0.0380 | pay 0.0048% / 1h | 23m 31s | $161K | $62K | 10x |
| Short | Injective BNB/USDC PERP | 805.09 | 0.0306 | get 0.0038% / 1h | 23m 31s | $19K | $789K | 30x |
dYdX BNB-USD
Injective BNB/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against dYdX. 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
- −$15.6
- Price spread: +0.908% → −0.341%
- $124.87
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $99.25
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: dYdX: live order book, 55 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 dYdX live order book, 55 min ago | 14.76 bp | 19.8 bp −$20 | 19.8 bp −$198 | 24.5 bp −$2,453 | 132.9 bp −$66.5K |
| 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 −0.0201% / S +0.0372% | 1h | 798.26 | +0.051% | $47K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 798.42 | +0.072% | $4K | $1K | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0074% | 1h | 797.75 | −0.013% | $2.5M | $972K | 50x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 799.10 | +0.157% | $3.0M | $27.9M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 798.72 | +0.109% | $863K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 798.30 | +0.057% | $9.7M | — | 150x | as long as short |
| Variational Omni BNB | +0.0013% | 8h | 798.06 | +0.026% | $4.1M | $5.4M | — | as long as short |
| BingX BNB-USDT | +0.0038% | 8h | 798.31 | +0.058% | — | $34.7M | — | as long as short |
| Bybit BNBUSDT | +0.0043% | 8h | 797.94 | +0.011% | $138.5M | $76.9M | 75x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0072% | 1h | 799.89 | +0.256% | $606K | $986K | 50x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
Kraken Futures PF_BNBUSD
GRVT BNB_USDT_Perp
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Variational Omni BNB
BingX BNB-USDT
Bybit BNBUSDT
Coinbase International BNB-PERP-INTXShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BNBUSDT | +0.0089% | 8h | 798.79 | +0.118% | $6.3M | $19.0M | 200x | as long as short |
| Lighter BNB | +0.0096% | 1h | 798.05 | +0.025% | $2.8M | $4.1M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 797.91 | +0.007% | $1.4M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 798.23 | +0.048% | $1.2M | $926K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 797.90 | +0.006% | $54.3M | $112.8M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 798.30 | +0.057% | $52K | $133K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 798.15 | +0.038% | $35.7M | $58.2M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 798.12 | +0.034% | $27.9M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 797.86 | +0.001% | $79.0M | $27.5M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 798.56 | +0.090% | $4.1M | $76.4M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 799.22 | +0.172% | $161K | $439K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 798.12 | +0.034% | $116K | $875K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 798.27 | +0.053% | $386K | $497K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 798.01 | +0.021% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 798.20 | +0.044% | $13K | $1.7M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 797.90 | +0.006% | $392K | $1.0M | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 798.03 | +0.022% | $1.6M | $165K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 797.47 | −0.047% | $8.2M | $8.0M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 798.65 | +0.101% | $78K | $19K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 797.69 | −0.019% | $1.8M | $6.5M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 797.86 | +0.001% | $383K | $40K | 10x | as long as short |
| Phemex BNBUSDT | +0.0110% | 8h | 798.45 | +0.075% | $69.8M | $50.6M | 50x | as long as short |
| Binance BNBUSDT | +0.0111% | 8h | 798.80 | +0.119% | $498.8M | $817.8M | 75x | as long as short |
| MEXC BNB_USDT | +0.0111% | 8h | 799.10 | +0.157% | $83.0M | $13.5M | 200x | as long as short |
| Kalshi KXBNBPERP | +0.0123% | 8h | 798.60 | +0.094% | $89K | $2.9M | 4.8x | as long as short |
| Phoenix BNB | +0.0127% | 1h | 798.51 | +0.083% | $172K | $36K | 10x | as long as short |
| Hibachi BNB/USDT-P | +0.0176% | 1h | 798.02 | +0.021% | $70K | $43K | 12x | as long as short |
| Hyperliquid BNB | +0.0204% | 1h | 799.12 | +0.159% | $52.5M | $21.2M | 10x | as long as short |
| BloFin BNB-USDT | +0.0232% | 8h | 798.94 | +0.137% | $18.2M | $2.5M | 75x | as long as short |
| Bulk BNB-USD | +0.0239% | 1h | 800.03 | +0.274% | $650K | $19K | 10x | as long as short |
| RISEx BNB/USDC | +0.0258% | 1h | 798.22 | +0.046% | $1.1M | $1.4M | 20x | as long as short |
| 01 Exchange BNBUSD | +0.0288% | 1h | 798.74 | +0.112% | $28K | $1K | 10x | as long as short |
| Injective BNB/USDC PERPshort | +0.0306% | 1h | 805.09 | +0.908% | $19K | $789K | 30x | |
| Reya BNBRUSDPERP | +0.0331% | 1h | 797.80 | −0.006% | $6K | $3K | 40x | as long as short |
| dYdX BNB-USDlong | +0.0380% | 1h | 797.85 | long leg | $161K | $62K | 10x | |
| Backpack BNB_USDC_PERP | +0.0397% | 1h | 798.47 | +0.078% | $2.7M | $5.7M | 40x | as long as short |
Aster BNBUSDT
Lighter BNB
Nado BNB-PERP
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Phemex BNBUSDT
Binance BNBUSDT
MEXC BNB_USDT
Kalshi KXBNBPERP
Phoenix BNB
Hibachi BNB/USDT-P
Hyperliquid BNB
BloFin BNB-USDT
Bulk BNB-USD
RISEx BNB/USDC
01 Exchange BNBUSD
Reya BNBRUSDPERP
Backpack BNB_USDC_PERP