Funding you earn now, next payment 00:00 UTC−0.0037%/8h= −4.0% APRnext payment −$0.37 per $10,000 · paid last 24h −0.006%
Price spread now: Variational Omni against OKX−0.043%7-day average −0.011% · 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)−0.056%−$6 on $10k
+Price spread, last 7 days+0.025%+$3 · spread now −0.043%, 7d avg −0.011%
=Together, before fees−0.031%+ Points / potential airdropVariational Omni: Active · farm board−$3 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 0.032% cheaper against OKX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.011%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BNB-USDT-SWAP | 802.50 | 0.0100 | pay 0.0100% / 8h | 2h 47m | $54.9M | $115.1M | 50x |
| Short | Variational Omni BNB | 802.15 | 0.0063 | get 0.0063% / 8h | 2h 47m | $4.1M | $5.3M | — |
OKX BNB-USDT-SWAP
Variational Omni BNBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against OKX. 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
- −$7.69
- Price spread: −0.043% → −0.011%
- −$3.19
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$20.87
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 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 OKX live order book, 1 min ago | 0.62 bp | 5.6 bp −$6 | 7.1 bp −$71 | 19.1 bp −$1,915 | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 3.33 bp | doesn't fit | 5.5 bp −$55 | 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 −0.0195% / S +0.0371% | 1h | 802.58 | +0.010% | $48K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 802.66 | +0.020% | $4K | $1K | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 803.08 | +0.072% | $3.0M | $30.0M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 803.30 | +0.100% | $116K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 803.05 | +0.069% | $868K | $3.0M | 30x | as long as short |
| Deribit BNB_USDC-PERPETUAL | 0.0000% | 1h | 803.13 | +0.078% | $1.6M | $167K | 25x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 802.61 | +0.013% | $9.7M | — | 150x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0038% | 1h | 802.89 | +0.049% | $2.5M | $916K | 50x | as long as short |
| Variational Omni BNBshort | +0.0063% | 8h | 802.15 | −0.043% | $4.1M | $5.3M | — | |
| BingX BNB-USDC | +0.0070% | 8h | 802.52 | +0.002% | — | $13.3M | — | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
Deribit BNB_USDC-PERPETUAL
gTrade (Gains Network) BNB/USD
Kraken Futures PF_BNBUSD
BingX BNB-USDCShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BNBUSDT | +0.0086% | 8h | 803.20 | +0.087% | $6.4M | $18.9M | 200x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0088% | 1h | 803.99 | +0.186% | $608K | $890K | 50x | as long as short |
| Bybit BNBUSDT | +0.0094% | 8h | 802.01 | −0.061% | $138.7M | $82.8M | 75x | as long as short |
| Lighter BNB | +0.0096% | 1h | 802.79 | +0.036% | $2.8M | $4.2M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 802.25 | −0.031% | $1.4M | $2.8M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 802.88 | +0.047% | $1.2M | $923K | 20x | as long as short |
| OKX BNB-USDT-SWAPlong | +0.0100% | 8h | 802.50 | long leg | $54.9M | $115.1M | 50x | |
| Arcus BNB-USD | +0.0100% | 1h | 802.70 | +0.025% | $52K | $161K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 802.45 | −0.006% | $35.9M | $58.2M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 802.53 | +0.004% | $28.1M | $10.5M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 802.35 | −0.019% | $78.9M | $24.5M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 803.76 | +0.157% | $4.2M | $76.8M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 803.32 | +0.102% | $158K | $437K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 802.45 | −0.006% | $118K | $869K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 802.72 | +0.027% | $388K | $593K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 802.85 | +0.044% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 803.12 | +0.077% | $13K | $1.7M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 802.70 | +0.025% | $395K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 802.37 | −0.016% | $8.2M | $7.4M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 803.45 | +0.118% | $78K | $19K | 50x | as long as short |
| MEXC BNB_USDT | +0.0101% | 8h | 803.70 | +0.150% | $84.3M | $13.5M | 200x | as long as short |
| Binance BNBUSDT | +0.0102% | 8h | 803.30 | +0.100% | $518.1M | $806.7M | 75x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 802.36 | −0.018% | $1.9M | $6.1M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 802.83 | +0.042% | $386K | $40K | 10x | as long as short |
| Phemex BNBUSDT | +0.0121% | 8h | 803.10 | +0.075% | $70.1M | $51.6M | 50x | as long as short |
| Phoenix BNB | +0.0125% | 1h | 803.11 | +0.076% | $173K | $35K | 10x | as long as short |
| Bulk BNB-USD | +0.0161% | 1h | 803.45 | +0.119% | $649K | $11K | 10x | as long as short |
| Hyperliquid BNB | +0.0162% | 1h | 803.30 | +0.100% | $51.6M | $21.3M | 10x | as long as short |
| RISEx BNB/USDC | +0.0209% | 1h | 803.05 | +0.069% | $1.1M | $1.4M | 20x | as long as short |
| dYdX BNB-USD | +0.0209% | 1h | 802.35 | −0.019% | $170K | $55K | 10x | as long as short |
| BloFin BNB-USDT | +0.0222% | 8h | 802.79 | +0.036% | $18.8M | $3.1M | 75x | as long as short |
| Hibachi BNB/USDT-P | +0.0248% | 1h | 802.53 | +0.003% | $71K | $48K | 12x | as long as short |
| 01 Exchange BNBUSD | +0.0312% | 1h | 803.48 | +0.122% | $28K | $1K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0335% | 1h | 802.26 | −0.030% | $6K | $3K | 40x | as long as short |
| Injective BNB/USDC PERP | +0.0353% | 1h | 804.92 | +0.302% | $19K | $526K | 30x | as long as short |
| Backpack BNB_USDC_PERP | +0.0698% | 1h | 803.87 | +0.171% | $3.0M | $5.3M | 40x | as long as short |
Aster BNBUSDT
Coinbase International BNB-PERP-INTX
Bybit BNBUSDT
Lighter BNB
Nado BNB-PERP
Pacifica BNB
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
MEXC BNB_USDT
Binance BNBUSDT
Extended BNB-USD
Aevo BNB-PERP
Phemex BNBUSDT
Phoenix BNB
Bulk BNB-USD
Hyperliquid BNB
RISEx BNB/USDC
dYdX BNB-USD
BloFin BNB-USDT
Hibachi BNB/USDT-P
01 Exchange BNBUSD
Reya BNBRUSDPERP
Injective BNB/USDC PERP
Backpack BNB_USDC_PERP