BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0206%/8h= +22.6% APRnext payment +$0.26 per $10,000 · paid last 24h −0.008%

Price spread now: Injective against Pacifica+0.269%7-day average −0.371% · you sell dearer than you buy

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

Long on Pacifica Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−0.257%−$26 on $10k

Price spread, last 3 days (all we have)−0.823%−$82 · spread now +0.269%, 7d avg −0.371%

Together, before fees−1.079%+ Points / potential airdropPacifica: Active · farm board−$108 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Injective is 0.640% dearer against Pacifica than usual: you sell high and buy low: +$64 more if the spread goes back to its 7-day average of −0.371%. Mind the row above: over the last 7 days funding on this pair cost −0.257%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica BNB	802.93	0.0100	pay 0.0013% / 1h	49m 20s	$1.2M	$926K	20x
Short	Injective BNB/USDC PERP	805.09	0.0306	get 0.0038% / 1h	49m 20s	$19K	$789K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Pacifica. 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 PacificabpFee InjectivebpOrdersPrice spread, now +0.269%Rate

Funding earned: $43.29
Price spread: +0.269% → −0.371%: $64.04
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $99.3
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Pacifica: live order book, 5 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 Pacifica live order book, 5 min ago	0.93 bp	5.1 bp −$5	doesn't fit	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 −0.0201% / S +0.0372%	1h	802.55	−0.047%	$48K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	802.96	+0.004%	$4K	$1K	25x	as long as short
Kraken Futures PF_BNBUSD	−0.0074%	1h	802.50	−0.054%	$2.6M	$969K	50x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	803.04	+0.014%	$3.0M	$28.1M	10x	as long as short
StandX BNB-USD	0.0000%	1h	803.66	+0.091%	$868K	$2.9M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	802.66	−0.033%	$9.8M	—	150x	as long as short
Variational Omni BNB	+0.0029%	8h	802.05	−0.110%	$4.2M	$5.4M	—	as long as short
BingX BNB-USDC	+0.0053%	8h	802.67	−0.032%	—	$13.3M	—	as long as short
Bybit BNBUSDT	+0.0064%	8h	802.11	−0.102%	$139.4M	$78.6M	75x	as long as short
Coinbase International BNB-PERP-INTX	+0.0072%	1h	800.72	−0.275%	$607K	$996K	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter BNB	+0.0096%	1h	802.81	−0.015%	$2.8M	$4.1M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	802.25	−0.085%	$1.4M	$2.7M	20x	as long as short
Pacifica BNBlong	+0.0100%	1h	802.93	long leg	$1.2M	$926K	20x
OKX BNB-USDT-SWAP	+0.0100%	8h	802.20	−0.091%	$54.7M	$113.5M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	803.00	+0.009%	$53K	$133K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	802.45	−0.060%	$35.9M	$57.7M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	802.34	−0.073%	$28.1M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	802.02	−0.113%	$79.6M	$27.4M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	803.14	+0.026%	$4.2M	$77.7M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	802.77	−0.020%	$162K	$442K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	802.41	−0.065%	$119K	$874K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	802.27	−0.082%	$388K	$497K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	802.45	−0.060%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	803.28	+0.044%	$13K	$1.7M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	802.44	−0.061%	$8.2M	$7.9M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	803.24	+0.039%	$78K	$19K	50x	as long as short
Aster BNBUSDT	+0.0104%	8h	803.06	+0.016%	$6.3M	$19.0M	200x	as long as short
Extended BNB-USD	+0.0104%	1h	802.00	−0.116%	$1.9M	$6.4M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	802.36	−0.071%	$385K	$40K	10x	as long as short
Kalshi KXBNBPERP	+0.0113%	8h	802.90	−0.004%	$110K	$2.9M	4.8x	as long as short
Phemex BNBUSDT	+0.0113%	8h	802.94	+0.001%	$70.2M	$51.0M	50x	as long as short
MEXC BNB_USDT	+0.0124%	8h	803.40	+0.059%	$83.5M	$13.5M	200x	as long as short
Binance BNBUSDT	+0.0125%	8h	803.08	+0.019%	$502.3M	$818.1M	75x	as long as short
Phoenix BNB	+0.0127%	1h	803.03	+0.012%	$173K	$36K	10x	as long as short
SoDEX BNB-USD	+0.0147%	1h	802.60	−0.041%	$395K	$1.0M	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	802.79	−0.017%	$1.6M	$165K	25x	as long as short
Hibachi BNB/USDT-P	+0.0240%	1h	802.77	−0.020%	$71K	$49K	12x	as long as short
BloFin BNB-USDT	+0.0245%	8h	803.14	+0.026%	$18.2M	$2.6M	75x	as long as short
RISEx BNB/USDC	+0.0258%	1h	802.77	−0.019%	$1.1M	$1.4M	20x	as long as short
Hyperliquid BNB	+0.0262%	1h	803.26	+0.041%	$52.0M	$21.4M	10x	as long as short
Injective BNB/USDC PERPshort	+0.0306%	1h	805.09	+0.269%	$19K	$789K	30x
Bulk BNB-USD	+0.0309%	1h	803.58	+0.081%	$653K	$20K	10x	as long as short
Backpack BNB_USDC_PERP	+0.0325%	1h	803.25	+0.040%	$2.7M	$5.7M	40x	as long as short
Reya BNBRUSDPERP	+0.0332%	1h	802.13	−0.100%	$6K	$3K	40x	as long as short
01 Exchange BNBUSD	+0.0392%	1h	803.31	+0.047%	$28K	$1K	10x	as long as short
dYdX BNB-USD	+0.0469%	1h	802.89	−0.005%	$162K	$62K	10x	as long as short