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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended BNB-USD | 806.44 | 0.0104 | pay 0.0013% / 1h | 40m 28s | $1.9M | $6.0M | 50x |
| Short | Variational Omni BNB | 804.97 | 0.0048 | get 0.0048% / 8h | 1h 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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Extended live order book, 3 min ago | 0.06 bp | 3.2 bp −$3 | 4.0 bp −$40 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 3.33 bp | doesn't fit | 6.0 bp −$60 | 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 −0.0201% / S +0.0372% | 1h | 806.58 | +0.018% | $48K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 807.39 | +0.118% | $4K | $1K | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 806.21 | −0.029% | $3.0M | $29.2M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 807.20 | +0.094% | $107K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 806.73 | +0.036% | $872K | $2.8M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 806.69 | +0.031% | $9.8M | — | 150x | as long as short |
| Variational Omni BNBshort | +0.0048% | 8h | 804.97 | −0.182% | $4.1M | $5.3M | — | |
| BingX BNB-USDT | +0.0059% | 8h | 806.88 | +0.054% | — | $34.5M | — | as long as short |
| Bybit BNBUSDT | +0.0083% | 8h | 806.50 | +0.007% | $139.7M | $81.1M | 75x | as long as short |
| Hibachi BNB/USDT-P | +0.0088% | 1h | 806.88 | +0.055% | $72K | $48K | 12x | 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 | 807.09 | +0.080% | $2.8M | $4.2M | 20x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0096% | 1h | 805.54 | −0.112% | $608K | $881K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 806.60 | +0.020% | $1.5M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 807.15 | +0.087% | $1.2M | $924K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 806.80 | +0.045% | $55.1M | $116.1M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 807.30 | +0.107% | $53K | $170K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 806.65 | +0.026% | $36.1M | $57.6M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 806.60 | +0.020% | $28.2M | $10.5M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 806.50 | +0.007% | $78.8M | $25.0M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 806.39 | −0.006% | $4.2M | $76.5M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 806.49 | +0.006% | $162K | $440K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 806.85 | +0.051% | $116K | $870K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 806.43 | −0.001% | $390K | $592K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 806.80 | +0.045% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 807.43 | +0.122% | $13K | $1.7M | 50x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 806.85 | +0.051% | $8.2M | $7.6M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 807.51 | +0.133% | $79K | $19K | 50x | as long as short |
| Extended BNB-USDlong | +0.0104% | 1h | 806.44 | long leg | $1.9M | $6.0M | 50x | |
| Aevo BNB-PERP | +0.0104% | 1h | 806.77 | +0.040% | $388K | $40K | 10x | as long as short |
| Aster BNBUSDT | +0.0107% | 8h | 807.51 | +0.133% | $6.4M | $18.8M | 200x | as long as short |
| MEXC BNB_USDT | +0.0121% | 8h | 807.90 | +0.181% | $84.8M | $13.4M | 200x | as long as short |
| Binance BNBUSDT | +0.0122% | 8h | 807.58 | +0.141% | $521.4M | $803.4M | 75x | as long as short |
| Phemex BNBUSDT | +0.0131% | 8h | 807.22 | +0.097% | $70.4M | $51.8M | 50x | as long as short |
| Phoenix BNB | +0.0155% | 1h | 807.20 | +0.094% | $173K | $35K | 10x | as long as short |
| SoDEX BNB-USD | +0.0184% | 1h | 806.70 | +0.032% | $397K | $1.0M | 10x | as long as short |
| dYdX BNB-USD | +0.0203% | 1h | 806.57 | +0.016% | $163K | $63K | 10x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0205% | 1h | 806.73 | +0.035% | $2.5M | $929K | 50x | as long as short |
| Hyperliquid BNB | +0.0211% | 1h | 807.75 | +0.162% | $52.0M | $22.1M | 10x | as long as short |
| BloFin BNB-USDT | +0.0241% | 8h | 807.24 | +0.099% | $18.8M | $2.6M | 75x | as long as short |
| Bulk BNB-USD | +0.0295% | 1h | 807.66 | +0.151% | $652K | $14K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 806.95 | +0.063% | $1.6M | $165K | 25x | as long as short |
| Injective BNB/USDC PERP | +0.0311% | 1h | 805.09 | −0.167% | $19K | $789K | 30x | as long as short |
| RISEx BNB/USDC | +0.0318% | 1h | 807.14 | +0.087% | $1.1M | $1.4M | 20x | as long as short |
| Reya BNBRUSDPERP | +0.0333% | 1h | 806.47 | +0.003% | $6K | $3K | 40x | as long as short |
| 01 Exchange BNBUSD | +0.0360% | 1h | 807.79 | +0.167% | $29K | $1K | 10x | as long as short |
| Backpack BNB_USDC_PERP | +0.0706% | 1h | 807.73 | +0.160% | $3.0M | $5.5M | 40x | as long as short |
Extended BNB-USD
Variational Omni BNB
GMX BNB/USD [WBTC.b-USDC]
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
BingX BNB-USDT
Bybit BNBUSDT
Lighter BNB
Coinbase International BNB-PERP-INTX
Pacifica BNB
OKX BNB-USDT-SWAP
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
HTX BNB-USDT
Paradex BNB-USD-PERP
Aster BNBUSDT
MEXC BNB_USDT
Binance BNBUSDT
Phemex BNBUSDT
Phoenix BNB
SoDEX BNB-USD
Kraken Futures PF_BNBUSD
Hyperliquid BNB
BloFin BNB-USDT
Bulk BNB-USD
Deribit BNB_USDC-PERPETUAL
Injective BNB/USDC PERP
RISEx BNB/USDC
01 Exchange BNBUSD
Backpack BNB_USDC_PERP