Funding you earn now, next payment 06:00 UTC−0.0332%/8h= −36.4% APRpaid last 24h −0.044%
Price spread now: Variational Omni against RISEx−0.118%7-day average −0.036% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.187%−$19 on $10k
+Price spread, last 7 days+0.038%+$4 · spread now −0.118%, 7d avg −0.036%
=Together, before fees−0.149%+ Points / potential airdropVariational Omni: Active · farm board−$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Variational Omni is 0.082% cheaper against RISEx than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.036%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx BNB/USDC | 786.74 | 0.0432 | pay 0.0054% / 1h | 18m 34s | $1.1M | $901K | 20x |
| Short | Variational Omni BNB | 785.81 | 0.0100 | get 0.0100% / 8h | 2h 18m | $4.0M | $4.8M | — |
RISEx BNB/USDC
Variational Omni BNBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against RISEx. 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
- −$69.8
- Price spread: −0.118% → −0.036%
- −$8.18
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$83.99
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: RISEx: live order book, 5 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 RISEx live order book, 5 min ago | 0.76 bp | 3.9 bp −$4 | 7.4 bp −$74 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 3.34 bp | doesn't fit | 7.8 bp −$78 | 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 −0.0192% / S +0.0356% | 1h | 786.64 | −0.013% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 787.19 | +0.057% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 787.37 | +0.080% | $849K | $3.0M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 786.71 | −0.004% | $9.5M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.332% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0037% | 8h | 787.01 | +0.034% | $6.1M | $19.0M | 200x | as long as short |
| BingX BNB-USDT | +0.0045% | 8h | 786.56 | −0.023% | — | $22.1M | — | as long as short |
| Phemex BNBUSDT | +0.0052% | 8h | 787.29 | +0.070% | $68.9M | $50.6M | 50x | as long as short |
| MEXC BNB_USDT | +0.0060% | 8h | 787.30 | +0.071% | $80.4M | $12.0M | 200x | as long as short |
| Binance BNBUSDT | +0.0061% | 8h | 787.02 | +0.036% | $490.3M | $812.1M | 75x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
Aster BNBUSDT
BingX BNB-USDT
Phemex BNBUSDT
MEXC BNB_USDT
Binance BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BNBUSD | +0.0069% | 1h | 786.73 | −0.002% | $2.5M | $1.2M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0080% | 1h | 785.85 | −0.113% | $568K | $1.9M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 786.61 | −0.016% | $2.7M | $3.8M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 786.76 | +0.003% | $265K | $489K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 786.65 | −0.011% | $1.4M | $2.7M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 787.10 | +0.046% | $51.5M | $17.6M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 786.79 | +0.007% | $1.2M | $933K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 786.46 | −0.036% | $138.1M | $74.7M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 786.40 | −0.043% | $53.4M | $112.6M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 786.70 | −0.005% | $52K | $129K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 786.45 | −0.037% | $36.6M | $59.1M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 786.14 | −0.076% | $27.7M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 786.08 | −0.084% | $76.1M | $31.0M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 787.17 | +0.055% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNBshort | +0.0100% | 8h | 785.81 | −0.118% | $4.0M | $4.8M | — | |
| edgeX BNBUSDC | +0.0100% | 4h | 786.59 | −0.020% | $4.1M | $75.5M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 785.20 | −0.196% | $158K | $438K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 786.65 | −0.011% | $131K | $951K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 786.97 | +0.029% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 787.36 | +0.078% | $12K | $1.5M | 50x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 786.76 | +0.003% | $8.0M | $10.1M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0101% | 8h | 786.83 | +0.012% | $76K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 786.05 | −0.088% | $1.8M | $6.2M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 787.02 | +0.035% | $378K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0107% | 1h | 786.33 | −0.052% | $169K | $35K | 10x | as long as short |
| SoDEX BNB-USD | +0.0128% | 1h | 786.80 | +0.008% | $387K | $993K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0144% | 8h | 787.00 | +0.033% | $161K | $2.7M | 4.8x | as long as short |
| dYdX BNB-USD | +0.0161% | 1h | 786.37 | −0.047% | $159K | $62K | 10x | as long as short |
| BloFin BNB-USDT | +0.0180% | 8h | 787.41 | +0.085% | $17.7M | $2.2M | 75x | as long as short |
| GRVT BNB_USDT_Perp | +0.0211% | 8h | 785.17 | −0.199% | $2.9M | $29.3M | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0304% | 1h | 787.16 | +0.053% | $28K | $4K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0323% | 1h | 786.55 | −0.024% | $6K | $3K | 40x | as long as short |
| Bulk BNB-USD | +0.0341% | 1h | 785.39 | −0.171% | $637K | $4K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0400% | 1h | 787.25 | +0.065% | $1.5M | $143K | 25x | as long as short |
| RISEx BNB/USDClong | +0.0432% | 1h | 786.74 | long leg | $1.1M | $901K | 20x | |
| Hibachi BNB/USDT-P | +0.0528% | 1h | 786.48 | −0.033% | $67K | $39K | 12x | as long as short |
Kraken Futures PF_BNBUSD
Coinbase International BNB-PERP-INTX
Lighter BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
SoDEX BNB-USD
Kalshi KXBNBPERP
dYdX BNB-USD
BloFin BNB-USDT
GRVT BNB_USDT_Perp
01 Exchange BNBUSD
Reya BNBRUSDPERP
Bulk BNB-USD
Deribit BNB_USDC-PERPETUAL
Hibachi BNB/USDT-P