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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0069%/8h= −7.6% APRnext payment $0.69 per $10,000 · paid last 24h −0.006%
Price spread now: Variational Omni against HTX−0.095%7-day average −0.021% · 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)−0.059%−$6 on $10k
Price spread, last 3 days (all we have)+0.166%+$17 · spread now −0.095%, 7d avg −0.021%
Together, before fees+0.106%+ Points / potential airdropVariational Omni: Active · farm board+$11 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 0.074% cheaper against HTX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.021%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX BNB-USDT800.800.0100pay 0.0100% / 8h59m 27s$8.2M$7.9M75x
ShortVariational Omni BNB800.040.0031get 0.0031% / 8h59m 27s$4.2M$5.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against HTX. 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
−$14.51
Price spread: −0.095% → −0.021%
−$7.37
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$33.88
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 5 min ago; Variational Omni: RFQ quote, 5 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 HTX live order book, 5 min ago2.38 bp8.8 bp −$911.7 bp −$11738.5 bp −$3,851doesn't fit
Sell Variational Omni RFQ quote, 5 min ago3.33 bpdoesn't fit7.3 bp −$73doesn'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%1h800.94+0.016%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h801.35+0.068%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h800.99+0.023%$3.0M$28.4M10xas long as short
StandX BNB-USD0.0000%1h802.01+0.151%$867K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h800.92+0.014%$9.8M150xas long as short
Variational Omni BNBshort+0.0031%8h800.04−0.095%$4.2M$5.4M
BingX BNB-USDC+0.0052%8h801.11+0.038%$13.3Mas long as short
Bybit BNBUSDT+0.0066%8h800.60−0.025%$139.2M$78.6M75xas long as short
Lighter BNB+0.0096%1h801.34+0.067%$2.8M$4.1M20xas long as short
Coinbase International BNB-PERP-INTX+0.0096%1h800.72−0.010%$607K$998K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado BNB-PERP+0.0100%1h800.48−0.041%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h801.21+0.051%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h800.800.000%$54.7M$113.8M50xas long as short
Arcus BNB-USD+0.0100%1h801.40+0.074%$53K$134K10xas long as short
Gate BNB_USDT+0.0100%8h800.65−0.019%$35.8M$57.3M75xas long as short
KuCoin BNBUSDTM+0.0100%8h800.70−0.013%$28.0M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h800.52−0.035%$80.8M$26.7M75xas long as short
edgeX BNBUSDC+0.0100%4h800.55−0.032%$4.2M$77.7M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h800.56−0.030%$161K$442K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h800.78−0.003%$119K$874K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h800.99+0.023%$387K$489K50xas long as short
Derive BNB-PERP+0.0100%1h801.40+0.074%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h801.92+0.139%$13K$1.7M50xas long as short
HTX BNB-USDTlong+0.0100%8h800.80long leg$8.2M$7.9M75x
Paradex BNB-USD-PERP+0.0100%8h801.71+0.113%$78K$19K50xas long as short
Aster BNBUSDT+0.0100%8h801.58+0.097%$6.4M$18.9M200xas long as short
Extended BNB-USD+0.0104%1h800.45−0.044%$1.9M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h801.52+0.089%$385K$40K10xas long as short
SoDEX BNB-USD+0.0108%1h801.30+0.062%$394K$1.0M10xas long as short
Kalshi KXBNBPERP+0.0113%8h801.50+0.087%$110K$2.9M4.8xas long as short
Phemex BNBUSDT+0.0114%8h801.76+0.119%$70.1M$51.0M50xas long as short
MEXC BNB_USDT+0.0119%8h801.80+0.124%$83.3M$13.5M200xas long as short
Binance BNBUSDT+0.0121%8h801.63+0.103%$501.6M$818.9M75xas long as short
Phoenix BNB+0.0155%1h800.77−0.004%$172K$34K10xas long as short
Kraken Futures PF_BNBUSD+0.0206%1h801.15+0.043%$2.6M$970K50xas long as short
Hyperliquid BNB+0.0238%1h801.66+0.107%$51.9M$21.6M10xas long as short
BloFin BNB-USDT+0.0239%8h801.23+0.053%$18.3M$2.5M75xas long as short
Hibachi BNB/USDT-P+0.0240%1h800.59−0.027%$71K$48K12xas long as short
RISEx BNB/USDC+0.0258%1h801.05+0.031%$1.1M$1.4M20xas long as short
Bulk BNB-USD+0.0289%1h801.15+0.043%$651K$20K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h801.70+0.112%$1.6M$165K25xas long as short
Injective BNB/USDC PERP+0.0311%1h805.09+0.535%$19K$789K30xas long as short
Reya BNBRUSDPERP+0.0332%1h800.45−0.044%$6K$3K40xas long as short
dYdX BNB-USD+0.0369%1h800.88+0.009%$161K$62K10xas long as short
01 Exchange BNBUSD+0.0448%1h801.71+0.113%$28K$1K10xas long as short
Backpack BNB_USDC_PERP+0.0556%1h802.04+0.154%$2.7M$5.7M40xas long as short