BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0093%/8h= +10.1% APRpaid last 24h +0.013%

Price spread now: Variational Omni against gTrade (Gains Network)−0.378%7-day average −0.014% · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.032%+$3 on $10k

Price spread, last 7 days+0.350%+$35 · spread now −0.378%, 7d avg −0.014%

Together, before fees+0.382%+ Points / potential airdropVariational Omni: Active · farm board+$38 on $10k · with fees, hour by hour

Funding pays, the price is against you. Variational Omni is 0.365% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.378% now, against its 7-day average of −0.014%). If the spread goes back, that is −$36 on $10k: about 13 days of funding at the current rate (+$3 a day). At the pace of the last 4 days (+0.032% in total) that is about 41 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) BNB/USD	786.57	L +0.0007% / S −0.0007%	pay 0.0001% / 1h	22m 44s	$9.5M	—	150x
Short	Variational Omni BNB	783.60	0.0100	get 0.0100% / 8h	7h 22m	$4.3M	$5.0M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee Variational OmnibpOrdersPrice spread, now −0.378%Rate

Funding earned: $19.43
Price spread: −0.378% → −0.014%: −$36.46
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$27.03
Costs to cover: 0.100%
Break-even: 16.7 days

Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 1 min ago; Variational Omni: RFQ quote, 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 gTrade (Gains Network) virtual book (oracle venue), 1 min ago	130.01 bp	135.0 bp −$135	135.0 bp −$1,350	416.8 bp −$41.7K	2253.7 bp −$1.13M
Sell Variational Omni RFQ quote, 1 min ago	3.34 bp	doesn't fit	5.7 bp −$57	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 −0.0166% / S +0.0337%	1h	786.72	+0.018%	$43K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	786.41	−0.021%	$4K	—	25x	as long as short
Kraken Futures PF_BNBUSD	−0.0021%	1h	786.69	+0.015%	$2.5M	$1.2M	50x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	785.24	−0.170%	$3.0M	$27.1M	10x	as long as short
StandX BNB-USD	0.0000%	1h	786.15	−0.054%	$848K	$2.7M	30x	as long as short
gTrade (Gains Network) BNB/USDlong	L +0.0007% / S −0.0007%	1h	786.57	long leg	$9.5M	—	150x
Aster BNBUSDT	+0.0018%	8h	787.49	+0.117%	$6.0M	$18.2M	200x	as long as short
BingX BNB-USDC	+0.0029%	8h	786.44	−0.017%	—	$13.4M	—	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.354%	$19K	$789K	30x	as long as short
MEXC BNB_USDT	+0.0035%	8h	788.40	+0.232%	$82.8M	$12.3M	200x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BNBUSDT	+0.0036%	8h	787.46	+0.113%	$489.0M	$805.1M	75x	as long as short
Lighter BNB	+0.0096%	1h	787.05	+0.061%	$2.7M	$3.7M	20x	as long as short
Nado BNB-PERP	+0.0100%	1h	785.80	−0.098%	$1.4M	$2.6M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	787.31	+0.094%	$51.6M	$17.4M	10x	as long as short
Pacifica BNB	+0.0100%	1h	787.14	+0.072%	$1.2M	$937K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	786.90	+0.042%	$138.6M	$72.9M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	786.80	+0.029%	$53.5M	$110.1M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	787.10	+0.067%	$52K	$125K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	787.00	+0.054%	$39.7M	$56.0M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	786.60	+0.003%	$27.8M	$9.9M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	786.67	+0.012%	$75.4M	$32.3M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	787.04	+0.059%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNBshort	+0.0100%	8h	783.60	−0.378%	$4.3M	$5.0M	—
edgeX BNBUSDC	+0.0100%	4h	785.05	−0.194%	$4.1M	$76.1M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	784.89	−0.214%	$158K	$439K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	786.44	−0.017%	$131K	$922K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	786.71	+0.017%	$264K	$357K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	784.27	−0.293%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	786.30	−0.035%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	786.90	+0.042%	$387K	$940K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	786.44	−0.017%	$8.0M	$10.3M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	787.35	+0.099%	$78K	$47K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	786.60	+0.003%	$1.8M	$5.8M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	786.59	+0.003%	$378K	$110K	10x	as long as short
Kalshi KXBNBPERP	+0.0109%	8h	787.30	+0.092%	$160K	$2.6M	4.8x	as long as short
Phemex BNBUSDT	+0.0114%	8h	787.24	+0.085%	$68.5M	$51.0M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0120%	1h	787.14	+0.072%	$548K	$1.9M	50x	as long as short
Phoenix BNB	+0.0120%	1h	785.71	−0.110%	$158K	$38K	10x	as long as short
BloFin BNB-USDT	+0.0141%	8h	787.11	+0.068%	$17.8M	$2.2M	75x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	787.13	+0.070%	$1.5M	$141K	25x	as long as short
Bulk BNB-USD	+0.0200%	1h	784.80	−0.225%	$636K	$630	10x	as long as short
dYdX BNB-USD	+0.0216%	1h	786.78	+0.027%	$158K	$65K	10x	as long as short
01 Exchange BNBUSD	+0.0232%	1h	786.68	+0.014%	$28K	$3K	10x	as long as short
Reya BNBRUSDPERP	+0.0319%	1h	786.20	−0.047%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0355%	1h	787.27	+0.089%	$1.1M	$887K	20x	as long as short
Hibachi BNB/USDT-P	+0.0408%	1h	785.64	−0.118%	$67K	$39K	12x	as long as short