BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.04 per $10,000 · paid last 24h −0.029%

Price spread now: StandX against Injective−2.431%50s7-day average +0.244% · you buy dearer than you sell

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

Long on Injective Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.053%−$5 on $10k

Price spread, last 4 days (all we have)+3.008%+$301 · spread now −2.431%, 7d avg +0.244%

Together, before fees+2.955%+ Points / potential airdropStandX: Active · farm board+$296 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and StandX is 2.675% cheaper against Injective than usual: you would sell low and buy high (−$268 if the spread goes back to its 7-day average of +0.244%). Swap the legs. The two prices were read 50 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	Injective BNB/USDC PERP	805.09	0.0033	pay 0.0004% / 1h	28m 19s	$19K	$789K	30x
Short	StandX BNB-USD	785.52	0	get 0.0000% / 1h	28m 19s	$847K	$3.0M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX against Injective. 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 InjectivebpFee StandXbpOrdersPrice spread, now −2.431%Rate

Funding earned: −$7
Price spread: −2.431% → +0.244%: −$267.51
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee StandX: 4 bp × 2 orders: −$8
Net: −$282.53
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; StandX: live order book, 1 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 StandX live order book, 1 min ago	4.78 bp	10.8 bp −$11	12.9 bp −$129	52.9 bp −$5,293	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 −0.0192% / S +0.0356%	1h	783.65	−2.663%	$46K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	785.00	−2.495%	$4K	$42	25x	as long as short
StandX BNB-USDshort	0.0000%	1h	785.52	−2.431%	$847K	$3.0M	30x
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	783.79	−2.646%	$9.5M	—	150x	as long as short
Aster BNBUSDT	+0.0031%	8h	784.58	−2.547%	$6.0M	$18.9M	200x	as long as short
Injective BNB/USDC PERPlong	+0.0033%	1h	805.09	long leg	$19K	$789K	30x
BingX BNB-USDC	+0.0041%	8h	784.06	−2.612%	—	$13.4M	—	as long as short
Phemex BNBUSDT	+0.0052%	8h	784.45	−2.564%	$68.6M	$50.5M	50x	as long as short
MEXC BNB_USDT	+0.0053%	8h	785.00	−2.495%	$79.5M	$11.9M	200x	as long as short
Binance BNBUSDT	+0.0054%	8h	784.50	−2.558%	$488.7M	$809.9M	75x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_BNBUSD	+0.0069%	1h	783.73	−2.653%	$2.5M	$1.2M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0080%	1h	783.79	−2.646%	$567K	$1.9M	50x	as long as short
Lighter BNB	+0.0096%	1h	784.04	−2.614%	$2.7M	$3.8M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	783.94	−2.627%	$264K	$489K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	783.80	−2.644%	$1.4M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	784.50	−2.557%	$51.3M	$17.6M	10x	as long as short
Pacifica BNB	+0.0100%	1h	784.32	−2.580%	$1.2M	$933K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	783.80	−2.644%	$137.7M	$74.6M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	783.70	−2.657%	$53.3M	$112.1M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	784.30	−2.582%	$52K	$129K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	783.90	−2.632%	$36.4M	$58.7M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	783.90	−2.632%	$27.5M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	783.56	−2.674%	$75.9M	$30.9M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	784.83	−2.516%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNB	+0.0100%	8h	784.13	−2.604%	$4.0M	$4.8M	—	as long as short
edgeX BNBUSDC	+0.0100%	4h	785.38	−2.449%	$4.1M	$75.1M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	785.10	−2.483%	$158K	$439K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	783.80	−2.644%	$131K	$954K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	783.98	−2.622%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	784.57	−2.549%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	784.00	−2.620%	$385K	$994K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	783.94	−2.627%	$8.0M	$10.0M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	784.39	−2.571%	$76K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	783.48	−2.684%	$1.8M	$6.2M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	784.08	−2.609%	$377K	$110K	10x	as long as short
Phoenix BNB	+0.0107%	1h	785.13	−2.479%	$169K	$35K	10x	as long as short
Kalshi KXBNBPERP	+0.0139%	8h	785.10	−2.483%	$154K	$2.7M	4.8x	as long as short
dYdX BNB-USD	+0.0150%	1h	784.37	−2.574%	$159K	$61K	10x	as long as short
BloFin BNB-USDT	+0.0174%	8h	785.33	−2.454%	$17.7M	$2.2M	75x	as long as short
GRVT BNB_USDT_Perp	+0.0206%	8h	784.96	−2.500%	$2.9M	$29.3M	10x	as long as short
01 Exchange BNBUSD	+0.0288%	1h	784.74	−2.528%	$28K	$4K	10x	as long as short
Bulk BNB-USD	+0.0298%	1h	785.69	−2.410%	$637K	$4K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	784.32	−2.580%	$1.5M	$143K	25x	as long as short
Reya BNBRUSDPERP	+0.0323%	1h	783.66	−2.662%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0432%	1h	784.37	−2.574%	$1.1M	$909K	20x	as long as short
Hibachi BNB/USDT-P	+0.0496%	1h	784.92	−2.505%	$67K	$39K	12x	as long as short