BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0055%/8h= +6.1% APRnext payment +$0.55 per $10,000 · paid last 24h −0.016%

Price spread now: Variational Omni against Aster−0.081%7-day average −0.119% · you buy dearer than you sell

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

Long on Aster Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.055%−$5 on $10k

Price spread, last 7 days−0.042%−$4 · spread now −0.081%, 7d avg −0.119%

Together, before fees−0.097%+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm board−$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Variational Omni is 0.039% dearer against Aster than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.119%. Mind the row above: over the last 4 days funding on this pair cost −0.055%, 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	Aster BNBUSDT	788.44	0.0045	pay 0.0045% / 8h	2h 00m	$6.1M	$19.0M	200x
Short	Variational Omni BNB	787.80	0.0100	get 0.0100% / 8h	2h 00m	$4.0M	$4.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Aster. 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 AsterbpFee Variational OmnibpOrdersPrice spread, now −0.081%Rate

Funding earned: $11.63
Price spread: −0.081% → −0.119%: $3.86
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $7.49
Costs to cover: 0.080%
Break-even: 2.5 days

Slippage unknown: Aster: live order book, 3 min ago; Variational Omni: RFQ quote, 3 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 Aster live order book, 3 min ago	0.44 bp	4.7 bp −$5	6.6 bp −$66	19.7 bp −$1,966	doesn't fit
Sell Variational Omni RFQ quote, 3 min ago	3.34 bp	doesn't fit	6.4 bp −$64	doesn't fit	doesn't fit

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	787.86	−0.074%	$46K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	788.88	+0.056%	$4K	$42	25x	as long as short
StandX BNB-USD	0.0000%	1h	788.80	+0.046%	$851K	$2.9M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	787.86	−0.074%	$9.5M	—	150x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.112%	$19K	$789K	30x	as long as short
Aster BNBUSDTlong	+0.0045%	8h	788.44	long leg	$6.1M	$19.0M	200x
BingX BNB-USDC	+0.0053%	8h	788.16	−0.036%	—	$13.4M	—	as long as short
Phemex BNBUSDT	+0.0065%	8h	788.63	+0.024%	$69.0M	$50.9M	50x	as long as short
MEXC BNB_USDT	+0.0066%	8h	788.90	+0.058%	$81.0M	$12.1M	200x	as long as short
Binance BNBUSDT	+0.0067%	8h	788.34	−0.013%	$490.6M	$816.5M	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	787.92	−0.066%	$2.5M	$1.2M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0080%	1h	788.38	−0.008%	$569K	$1.9M	50x	as long as short
Lighter BNB	+0.0096%	1h	788.20	−0.030%	$2.7M	$3.9M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	788.04	−0.051%	$265K	$471K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	787.90	−0.069%	$1.4M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	788.47	+0.004%	$51.6M	$17.6M	10x	as long as short
Pacifica BNB	+0.0100%	1h	788.15	−0.037%	$1.2M	$933K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	787.70	−0.094%	$138.6M	$75.1M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	787.60	−0.107%	$53.6M	$113.1M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	788.20	−0.031%	$52K	$129K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	787.95	−0.062%	$36.9M	$59.7M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	787.75	−0.088%	$27.7M	$10.2M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	787.58	−0.109%	$76.2M	$31.1M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	788.42	−0.003%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNBshort	+0.0100%	8h	787.80	−0.081%	$4.0M	$4.8M	—
edgeX BNBUSDC	+0.0100%	4h	788.57	+0.016%	$4.1M	$76.0M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	788.84	+0.051%	$159K	$436K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	787.76	−0.086%	$132K	$951K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	788.23	−0.027%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	788.60	+0.021%	$12K	$1.5M	50x	as long as short
HTX BNB-USDT	+0.0100%	8h	788.12	−0.041%	$8.0M	$10.1M	75x	as long as short
Paradex BNB-USD-PERP	+0.0101%	8h	788.23	−0.027%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	787.71	−0.093%	$1.8M	$6.2M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	788.05	−0.049%	$379K	$110K	10x	as long as short
Phoenix BNB	+0.0107%	1h	788.39	−0.006%	$169K	$35K	10x	as long as short
SoDEX BNB-USD	+0.0109%	1h	788.20	−0.031%	$388K	$988K	10x	as long as short
dYdX BNB-USD	+0.0126%	1h	787.75	−0.087%	$160K	$62K	10x	as long as short
Kalshi KXBNBPERP	+0.0141%	8h	788.40	−0.005%	$164K	$2.7M	4.8x	as long as short
BloFin BNB-USDT	+0.0187%	8h	788.55	+0.014%	$17.7M	$2.2M	75x	as long as short
GRVT BNB_USDT_Perp	+0.0224%	8h	788.73	+0.037%	$2.9M	$29.5M	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	788.46	+0.003%	$1.5M	$143K	25x	as long as short
01 Exchange BNBUSD	+0.0304%	1h	788.46	+0.002%	$28K	$4K	10x	as long as short
Reya BNBRUSDPERP	+0.0323%	1h	787.70	−0.094%	$6K	$3K	40x	as long as short
Bulk BNB-USD	+0.0339%	1h	788.57	+0.016%	$639K	$4K	10x	as long as short
RISEx BNB/USDC	+0.0432%	1h	788.21	−0.030%	$1.1M	$910K	20x	as long as short
Hibachi BNB/USDT-P	+0.0560%	1h	788.28	−0.020%	$67K	$39K	12x	as long as short