Settings8H · net · $10k
Funding arb · Price arb /

BNB

all BNB markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0056%/8h= −6.2% APRpaid last 24h −0.007%
Price spread now: Variational Omni against Extended−0.182%7-day average +0.019% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.053%−$5 on $10k
Price spread, last 7 days+0.138%+$14 · spread now −0.182%, 7d avg +0.019%
Together, before fees+0.085%+ Points / potential airdropExtended: Active · Variational Omni: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Variational Omni is 0.201% cheaper against Extended than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of +0.019%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BNB-USD806.440.0104pay 0.0013% / 1h40m 28s$1.9M$6.0M50x
ShortVariational Omni BNB804.970.0048get 0.0048% / 8h1h 40m$4.1M$5.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Extended. 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

Funding earned
−$11.82
Price spread: −0.182% → +0.019%
−$20.08
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$36.9
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 3 min ago; Variational Omni: RFQ quote, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 3 min ago0.06 bp3.2 bp −$34.0 bp −$40doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 4 min ago3.33 bpdoesn't fit6.0 bp −$60doesn't fitdoesn't fit

BNB on 46 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0201% / S +0.0372%1h806.58+0.018%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h807.39+0.118%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h806.21−0.029%$3.0M$29.2M10xas long as short
Kalshi KXBNBPERP0.0000%8h807.20+0.094%$107K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h806.73+0.036%$872K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h806.69+0.031%$9.8M150xas long as short
Variational Omni BNBshort+0.0048%8h804.97−0.182%$4.1M$5.3M
BingX BNB-USDT+0.0059%8h806.88+0.054%$34.5Mas long as short
Bybit BNBUSDT+0.0083%8h806.50+0.007%$139.7M$81.1M75xas long as short
Hibachi BNB/USDT-P+0.0088%1h806.88+0.055%$72K$48K12xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BNB+0.0096%1h807.09+0.080%$2.8M$4.2M20xas long as short
Coinbase International BNB-PERP-INTX+0.0096%1h805.54−0.112%$608K$881K50xas long as short
Nado BNB-PERP+0.0100%1h806.60+0.020%$1.5M$2.7M20xas long as short
Pacifica BNB+0.0100%1h807.15+0.087%$1.2M$924K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h806.80+0.045%$55.1M$116.1M50xas long as short
Arcus BNB-USD+0.0100%1h807.30+0.107%$53K$170K10xas long as short
Gate BNB_USDT+0.0100%8h806.65+0.026%$36.1M$57.6M75xas long as short
KuCoin BNBUSDTM+0.0100%8h806.60+0.020%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h806.50+0.007%$78.8M$25.0M75xas long as short
edgeX BNBUSDC+0.0100%4h806.39−0.006%$4.2M$76.5M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h806.49+0.006%$162K$440K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h806.85+0.051%$116K$870K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h806.43−0.001%$390K$592K50xas long as short
Derive BNB-PERP+0.0100%1h806.80+0.045%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h807.43+0.122%$13K$1.7M50xas long as short
HTX BNB-USDT+0.0100%8h806.85+0.051%$8.2M$7.6M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h807.51+0.133%$79K$19K50xas long as short
Extended BNB-USDlong+0.0104%1h806.44long leg$1.9M$6.0M50x
Aevo BNB-PERP+0.0104%1h806.77+0.040%$388K$40K10xas long as short
Aster BNBUSDT+0.0107%8h807.51+0.133%$6.4M$18.8M200xas long as short
MEXC BNB_USDT+0.0121%8h807.90+0.181%$84.8M$13.4M200xas long as short
Binance BNBUSDT+0.0122%8h807.58+0.141%$521.4M$803.4M75xas long as short
Phemex BNBUSDT+0.0131%8h807.22+0.097%$70.4M$51.8M50xas long as short
Phoenix BNB+0.0155%1h807.20+0.094%$173K$35K10xas long as short
SoDEX BNB-USD+0.0184%1h806.70+0.032%$397K$1.0M10xas long as short
dYdX BNB-USD+0.0203%1h806.57+0.016%$163K$63K10xas long as short
Kraken Futures PF_BNBUSD+0.0205%1h806.73+0.035%$2.5M$929K50xas long as short
Hyperliquid BNB+0.0211%1h807.75+0.162%$52.0M$22.1M10xas long as short
BloFin BNB-USDT+0.0241%8h807.24+0.099%$18.8M$2.6M75xas long as short
Bulk BNB-USD+0.0295%1h807.66+0.151%$652K$14K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h806.95+0.063%$1.6M$165K25xas long as short
Injective BNB/USDC PERP+0.0311%1h805.09−0.167%$19K$789K30xas long as short
RISEx BNB/USDC+0.0318%1h807.14+0.087%$1.1M$1.4M20xas long as short
Reya BNBRUSDPERP+0.0333%1h806.47+0.003%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0360%1h807.79+0.167%$29K$1K10xas long as short
Backpack BNB_USDC_PERP+0.0706%1h807.73+0.160%$3.0M$5.5M40xas long as short