BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0512%/8h= +56.1% APRnext payment +$0.64 per $10,000 · paid last 24h +0.060%

Price spread now: Injective against GMX+0.638%7-day average — · you sell dearer than you buy

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

Long on GMX Short on Injective

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Injective is 0.638% dearer against GMX than usual: you sell high and buy low: +$64 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX BNB/USD [WBTC.b-USDC]	799.98	L −0.0201% / S +0.0372%	get 0.0025% / 1h	15m 09s	$48K	—	200x
Short	Injective BNB/USDC PERP	805.09	0.0311	get 0.0039% / 1h	15m 09s	$19K	$789K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against GMX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

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 GMXbpFee InjectivebpOrdersPrice spread, now +0.638%Rate

Funding earned: $107.53
Price spread: +0.638% → 0.000%: $63.82
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $159.33
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; 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 GMX no order-book sample	—	—	—	—	—
Sell Injective no order-book sample	—	—	—	—	—

GMX and 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]long	L −0.0201% / S +0.0372%	1h	799.98	long leg	$48K	—	200x
Hotstuff BNB-PERP	−0.0080%	1h	800.48	+0.062%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	800.94	+0.119%	$3.0M	$29.4M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	800.70	+0.089%	$147K	$2.8M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	801.49	+0.188%	$866K	$2.9M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	799.98	−0.001%	$9.7M	—	150x	as long as short
Variational Omni BNB	+0.0035%	8h	799.95	−0.004%	$4.1M	$5.3M	—	as long as short
BingX BNB-USDC	+0.0059%	8h	800.15	+0.021%	—	$13.3M	—	as long as short
Bybit BNBUSDT	+0.0070%	8h	799.73	−0.032%	$139.2M	$80.0M	75x	as long as short
Lighter BNB	+0.0096%	1h	800.39	+0.051%	$2.8M	$4.2M	20x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International BNB-PERP-INTX	+0.0096%	1h	801.17	+0.148%	$610K	$995K	50x	as long as short
Aster BNBUSDT	+0.0097%	8h	800.65	+0.083%	$6.3M	$19.0M	200x	as long as short
Nado BNB-PERP	+0.0100%	1h	800.00	+0.002%	$1.4M	$2.8M	20x	as long as short
Pacifica BNB	+0.0100%	1h	800.36	+0.047%	$1.2M	$926K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	799.90	−0.011%	$54.6M	$115.5M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	800.40	+0.052%	$53K	$151K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	799.85	−0.017%	$35.7M	$58.6M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	799.97	−0.002%	$28.0M	$10.5M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	799.83	−0.019%	$80.9M	$26.6M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	801.22	+0.155%	$4.2M	$77.6M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	800.94	+0.119%	$161K	$443K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	799.93	−0.007%	$121K	$877K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	799.93	−0.007%	$387K	$527K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	800.11	+0.016%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	800.97	+0.123%	$13K	$1.7M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	800.30	+0.039%	$393K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	800.00	+0.002%	$8.2M	$7.9M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	800.64	+0.082%	$78K	$19K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	799.50	−0.061%	$1.8M	$6.1M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	800.13	+0.018%	$384K	$40K	10x	as long as short
MEXC BNB_USDT	+0.0117%	8h	801.10	+0.139%	$83.3M	$13.8M	200x	as long as short
Binance BNBUSDT	+0.0117%	8h	800.78	+0.100%	$503.0M	$818.2M	75x	as long as short
Phemex BNBUSDT	+0.0120%	8h	800.61	+0.078%	$70.0M	$51.8M	50x	as long as short
Phoenix BNB	+0.0155%	1h	801.63	+0.206%	$172K	$35K	10x	as long as short
Hibachi BNB/USDT-P	+0.0192%	1h	800.78	+0.099%	$71K	$48K	12x	as long as short
Kraken Futures PF_BNBUSD	+0.0207%	1h	800.05	+0.008%	$2.6M	$974K	50x	as long as short
BloFin BNB-USDT	+0.0237%	8h	800.50	+0.064%	$18.3M	$2.5M	75x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	800.41	+0.053%	$1.6M	$165K	25x	as long as short
dYdX BNB-USD	+0.0306%	1h	800.60	+0.077%	$161K	$62K	10x	as long as short
Injective BNB/USDC PERPshort	+0.0311%	1h	805.09	+0.638%	$19K	$789K	30x
Bulk BNB-USD	+0.0314%	1h	802.70	+0.339%	$652K	$21K	10x	as long as short
Hyperliquid BNB	+0.0315%	1h	801.07	+0.135%	$51.8M	$21.9M	10x	as long as short
RISEx BNB/USDC	+0.0318%	1h	800.26	+0.035%	$1.1M	$1.4M	20x	as long as short
01 Exchange BNBUSD	+0.0320%	1h	800.64	+0.082%	$28K	$1K	10x	as long as short
Reya BNBRUSDPERP	+0.0333%	1h	799.64	−0.043%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0590%	1h	801.05	+0.133%	$2.7M	$5.7M	40x	as long as short