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

BNB

all BNB markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 23:00 UTC−0.0065%/8h= −7.1% APRpaid last 24h −0.006%
Price spread now: Variational Omni against Nado+0.058%7-day average −0.026% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on NadoShort on Variational Omni
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.063%−$6 on $10k
Price spread, last 7 days−0.111%−$11 · spread now +0.058%, 7d avg −0.026%
Together, before fees−0.174%+ Points / potential airdropNado: Active · Variational Omni: Active · farm board−$17 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.085% dearer against Nado than usual: you sell high and buy low (spread +0.058% now, against its 7-day average of −0.026%): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado BNB-PERP799.480.0100pay 0.0012% / 1h11m 26s$1.4M$2.7M20x
ShortVariational Omni BNB799.950.0035get 0.0035% / 8h1h 11m$4.1M$5.3M—

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Nado. 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

Funding earned
−$13.57
Price spread: +0.058% → −0.026%
$8.47
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$12.1
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Nado: live order book, 2 min ago; Variational Omni: RFQ quote, 3 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 Nado live order book, 2 min ago0.06 bp4.9 bp −$510.4 bp −$104doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 3 min ago3.33 bpdoesn't fit5.1 bp −$51doesn'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%1h799.51+0.004%$47K—200xas long as short
Hotstuff BNB-PERP−0.0080%1h800.16+0.085%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h800.06+0.072%$3.0M$29.4M10xas long as short
Kalshi KXBNBPERP0.0000%8h800.30+0.102%$147K$2.8M4.8xas long as short
StandX BNB-USD0.0000%1h800.45+0.121%$865K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h799.55+0.008%$9.7M—150xas long as short
Variational Omni BNBshort+0.0035%8h799.95+0.058%$4.1M$5.3M—
BingX BNB-USDC+0.0059%8h799.71+0.028%—$13.3M—as long as short
Bybit BNBUSDT+0.0065%8h799.20−0.035%$139.1M$79.1M75xas long as short
Aster BNBUSDT+0.0095%8h800.19+0.089%$6.3M$19.0M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BNB+0.0096%1h799.94+0.057%$2.8M$4.2M20xas long as short
Coinbase International BNB-PERP-INTX+0.0096%1h801.17+0.211%$610K$995K50xas long as short
Nado BNB-PERPlong+0.0100%1h799.48long leg$1.4M$2.7M20x
Pacifica BNB+0.0100%1h799.94+0.057%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h799.30−0.023%$54.6M$115.2M50xas long as short
Arcus BNB-USD+0.0100%1h800.00+0.065%$53K$151K10xas long as short
Gate BNB_USDT+0.0100%8h799.30−0.023%$35.7M$58.7M75xas long as short
KuCoin BNBUSDTM+0.0100%8h799.51+0.003%$28.0M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h799.39−0.012%$80.8M$26.7M75xas long as short
edgeX BNBUSDC+0.0100%4h800.31+0.104%$4.2M$77.1M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h800.33+0.106%$161K$442K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h799.56+0.010%$121K$874K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h799.56+0.010%$386K$512K50xas long as short
Derive BNB-PERP+0.0100%1h799.68+0.024%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h800.16+0.085%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h799.70+0.027%$393K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h799.87+0.048%$8.2M$7.9M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h800.25+0.096%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h799.08−0.050%$1.9M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h799.63+0.018%$384K$40K10xas long as short
Binance BNBUSDT+0.0116%8h800.19+0.088%$502.6M$817.6M75xas long as short
MEXC BNB_USDT+0.0116%8h800.60+0.140%$83.2M$13.8M200xas long as short
Phemex BNBUSDT+0.0118%8h800.16+0.085%$69.9M$51.8M50xas long as short
Phoenix BNB+0.0155%1h800.04+0.070%$172K$35K10xas long as short
Hibachi BNB/USDT-P+0.0200%1h799.74+0.032%$71K$49K12xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h799.94+0.057%$1.6M$165K25xas long as short
Kraken Futures PF_BNBUSD+0.0207%1h799.35−0.017%$2.6M$969K50xas long as short
BloFin BNB-USDT+0.0237%8h800.61+0.141%$18.3M$2.5M75xas long as short
Injective BNB/USDC PERP+0.0311%1h805.09+0.701%$19K$789K30xas long as short
01 Exchange BNBUSD+0.0312%1h800.35+0.109%$28K$1K10xas long as short
Bulk BNB-USD+0.0314%1h802.70+0.402%$652K$21K10xas long as short
RISEx BNB/USDC+0.0318%1h799.89+0.051%$1.1M$1.4M20xas long as short
Hyperliquid BNB+0.0320%1h800.48+0.125%$51.8M$21.9M10xas long as short
dYdX BNB-USD+0.0330%1h799.94+0.057%$161K$62K10xas long as short
Reya BNBRUSDPERP+0.0332%1h799.22−0.033%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0581%1h800.44+0.120%$2.7M$5.7M40xas long as short