Funding you earn now, next payment 00:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.52 per $10,000 · paid last 24h −0.006%
Price spread now: Variational Omni against Paradex−0.191%53s7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropParadex: Active · Variational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Variational Omni is 0.191% cheaper against Paradex than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex BNB-USD-PERP | 806.52 | 0.0100 | pay 0.0100% / 8h | 1h 42m | $79K | $19K | 50x |
| Short | Variational Omni BNB | 804.97 | 0.0048 | get 0.0048% / 8h | 1h 42m | $4.1M | $5.3M | — |
Paradex BNB-USD-PERP
Variational Omni BNBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Paradex. 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
- −$11
- Price spread: −0.191% → 0.000%
- −$19.11
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$34.12
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 1 min ago | 3.33 bp | doesn't fit | 6.0 bp −$60 | doesn't fit | doesn't fit |
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 805.65 | −0.107% | $49K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 806.36 | −0.019% | $4K | $1K | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 806.21 | −0.038% | $3.0M | $29.2M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 806.30 | −0.027% | $108K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 805.76 | −0.094% | $871K | $2.8M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 805.73 | −0.098% | $9.8M | — | 150x | as long as short |
| Variational Omni BNBshort | +0.0048% | 8h | 804.97 | −0.191% | $4.1M | $5.3M | — | |
| BingX BNB-USDT | +0.0059% | 8h | 806.43 | −0.011% | — | $34.5M | — | as long as short |
| Hibachi BNB/USDT-P | +0.0080% | 1h | 805.82 | −0.086% | $71K | $48K | 12x | as long as short |
| Bybit BNBUSDT | +0.0083% | 8h | 806.10 | −0.051% | $139.6M | $81.1M | 75x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
BingX BNB-USDT
Hibachi BNB/USDT-P
Bybit BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter BNB | +0.0096% | 1h | 806.06 | −0.057% | $2.8M | $4.2M | 20x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0096% | 1h | 805.54 | −0.121% | $608K | $881K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 805.67 | −0.104% | $1.5M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 806.17 | −0.043% | $1.2M | $924K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 806.30 | −0.027% | $55.1M | $116.1M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 806.20 | −0.039% | $53K | $170K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 806.30 | −0.027% | $36.1M | $57.5M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 805.94 | −0.071% | $28.2M | $10.5M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 806.07 | −0.055% | $78.8M | $25.0M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 806.31 | −0.026% | $4.2M | $76.6M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 806.49 | −0.003% | $162K | $440K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 805.87 | −0.080% | $116K | $870K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 805.67 | −0.105% | $389K | $592K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 805.82 | −0.086% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 806.36 | −0.020% | $13K | $1.7M | 50x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 805.84 | −0.083% | $8.2M | $7.6M | 75x | as long as short |
| Paradex BNB-USD-PERPlong | +0.0100% | 8h | 806.52 | long leg | $79K | $19K | 50x | |
| Extended BNB-USD | +0.0104% | 1h | 806.03 | −0.060% | $1.9M | $6.0M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 805.85 | −0.082% | $387K | $40K | 10x | as long as short |
| Aster BNBUSDT | +0.0105% | 8h | 806.78 | +0.033% | $6.4M | $18.8M | 200x | as long as short |
| MEXC BNB_USDT | +0.0120% | 8h | 807.10 | +0.073% | $84.7M | $13.4M | 200x | as long as short |
| Binance BNBUSDT | +0.0121% | 8h | 807.14 | +0.077% | $521.4M | $803.5M | 75x | as long as short |
| Phemex BNBUSDT | +0.0131% | 8h | 806.42 | −0.012% | $70.4M | $51.8M | 50x | as long as short |
| Phoenix BNB | +0.0155% | 1h | 806.22 | −0.037% | $173K | $35K | 10x | as long as short |
| SoDEX BNB-USD | +0.0177% | 1h | 805.80 | −0.089% | $396K | $1.0M | 10x | as long as short |
| Hyperliquid BNB | +0.0189% | 1h | 806.85 | +0.042% | $51.9M | $22.1M | 10x | as long as short |
| dYdX BNB-USD | +0.0203% | 1h | 805.84 | −0.084% | $162K | $63K | 10x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0205% | 1h | 805.74 | −0.096% | $2.5M | $929K | 50x | as long as short |
| BloFin BNB-USDT | +0.0241% | 8h | 806.53 | +0.002% | $18.8M | $3.1M | 75x | as long as short |
| Bulk BNB-USD | +0.0274% | 1h | 805.55 | −0.120% | $651K | $14K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 806.12 | −0.049% | $1.6M | $165K | 25x | as long as short |
| Injective BNB/USDC PERP | +0.0311% | 1h | 805.09 | −0.177% | $19K | $789K | 30x | as long as short |
| RISEx BNB/USDC | +0.0318% | 1h | 806.17 | −0.042% | $1.1M | $1.4M | 20x | as long as short |
| Reya BNBRUSDPERP | +0.0333% | 1h | 805.52 | −0.123% | $6K | $3K | 40x | as long as short |
| 01 Exchange BNBUSD | +0.0352% | 1h | 806.80 | +0.035% | $29K | $1K | 10x | as long as short |
| Backpack BNB_USDC_PERP | +0.0715% | 1h | 806.97 | +0.056% | $3.0M | $5.5M | 40x | as long as short |
Lighter BNB
Coinbase International BNB-PERP-INTX
Nado BNB-PERP
Pacifica BNB
OKX BNB-USDT-SWAP
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
HTX BNB-USDT
Extended BNB-USD
Aevo BNB-PERP
Aster BNBUSDT
MEXC BNB_USDT
Binance BNBUSDT
Phemex BNBUSDT
Phoenix BNB
SoDEX BNB-USD
Hyperliquid BNB
dYdX BNB-USD
Kraken Futures PF_BNBUSD
BloFin BNB-USDT
Bulk BNB-USD
Deribit BNB_USDC-PERPETUAL
Injective BNB/USDC PERP
RISEx BNB/USDC
Reya BNBRUSDPERP
01 Exchange BNBUSD
Backpack BNB_USDC_PERP