BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0038%/8h= −4.2% APRnext payment −$0.38 per $10,000 · paid last 24h −0.017%

Price spread now: Variational Omni against MEXC−0.248%7-day average −0.226% · you buy dearer than you sell

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

Long on MEXC Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.056%−$6 on $10k

Price spread, last 7 days−0.029%−$3 · spread now −0.248%, 7d avg −0.226%

Together, before fees−0.085%+ Points / potential airdropVariational Omni: Active · farm board−$8 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.022% cheaper against MEXC than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.226%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BNB_USDT	795.30	0.0063	pay 0.0063% / 8h	6h 29m	$82.5M	$12.8M	200x
Short	Variational Omni BNB	793.33	0.0025	get 0.0025% / 8h	6h 29m	$4.1M	$4.9M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 MEXCbpFee Variational OmnibpOrdersPrice spread, now −0.248%Rate

Funding earned: −$8.07
Price spread: −0.248% → −0.226%: −$2.24
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$14.31
Costs to cover: 0.040%
Break-even: never at this rate

Slippage unknown: MEXC: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 5 min ago	0.63 bp	2.6 bp −$3	5.0 bp −$50	26.9 bp −$2,685	43.2 bp −$21.6K
Sell Variational Omni RFQ quote, 5 min ago	3.34 bp	doesn't fit	6.3 bp −$63	doesn't fit	doesn't fit

BNB on 45 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 −0.0167% / S +0.0335%	1h	794.31	−0.125%	$46K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0131%	1h	794.59	−0.090%	$2.5M	$1.0M	50x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	794.51	−0.099%	$4K	$239	25x	as long as short
StandX BNB-USD	0.0000%	1h	795.20	−0.013%	$859K	$3.1M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	794.26	−0.131%	$9.7M	—	150x	as long as short
Variational Omni BNBshort	+0.0025%	8h	793.33	−0.248%	$4.1M	$4.9M	—
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+1.231%	$19K	$789K	30x	as long as short
Aster BNBUSDT	+0.0036%	8h	795.02	−0.035%	$6.1M	$19.7M	200x	as long as short
Gate BNB_USDT	+0.0040%	8h	794.35	−0.119%	$35.4M	$55.9M	75x	as long as short
GRVT BNB_USDT_Perp	+0.0044%	8h	793.45	−0.233%	$3.0M	$28.8M	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BNB-USDT	+0.0050%	8h	794.45	−0.107%	—	$35.0M	—	as long as short
Phemex BNBUSDT	+0.0052%	8h	794.89	−0.052%	$69.5M	$50.6M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0056%	1h	791.17	−0.519%	$607K	$1.1M	50x	as long as short
MEXC BNB_USDTlong	+0.0063%	8h	795.30	long leg	$82.5M	$12.8M	200x
Binance BNBUSDT	+0.0063%	8h	794.86	−0.055%	$494.5M	$811.3M	75x	as long as short
dYdX BNB-USD	+0.0064%	1h	794.66	−0.080%	$161K	$63K	10x	as long as short
Phoenix BNB	+0.0088%	1h	793.37	−0.243%	$170K	$36K	10x	as long as short
Lighter BNB	+0.0096%	1h	795.05	−0.031%	$2.8M	$4.0M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	794.13	−0.147%	$384K	$409K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	794.80	−0.063%	$1.4M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	795.15	−0.019%	$52.1M	$19.8M	10x	as long as short
Pacifica BNB	+0.0100%	1h	795.12	−0.023%	$1.2M	$925K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	794.30	−0.126%	$138.8M	$75.8M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	794.10	−0.151%	$53.2M	$110.5M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	794.90	−0.050%	$52K	$134K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	794.53	−0.097%	$27.7M	$10.1M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	794.39	−0.114%	$77.4M	$28.3M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	794.24	−0.133%	$4.1M	$77.3M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	794.07	−0.155%	$160K	$436K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	794.59	−0.089%	$111K	$886K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	794.58	−0.091%	$32K	$9K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	794.00	−0.164%	$13K	$1.6M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	794.70	−0.075%	$391K	$995K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	794.16	−0.143%	$8.1M	$8.8M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	795.18	−0.015%	$77K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	794.38	−0.115%	$1.7M	$5.8M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	794.58	−0.091%	$382K	$110K	10x	as long as short
RISEx BNB/USDC	+0.0131%	1h	794.90	−0.050%	$1.1M	$1.4M	20x	as long as short
Kalshi KXBNBPERP	+0.0160%	8h	795.20	−0.013%	$112K	$2.7M	4.8x	as long as short
Bulk BNB-USD	+0.0175%	1h	792.60	−0.339%	$642K	$16K	10x	as long as short
01 Exchange BNBUSD	+0.0256%	1h	795.32	+0.003%	$28K	$2K	10x	as long as short
Reya BNBRUSDPERP	+0.0329%	1h	794.26	−0.131%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0392%	1h	795.45	+0.019%	$2.7M	$5.7M	40x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0400%	1h	795.00	−0.038%	$1.6M	$160K	25x	as long as short
Hibachi BNB/USDT-P	+0.0536%	1h	794.30	−0.126%	$68K	$38K	12x	as long as short