Funding you earn now, next payment 22:00 UTC−0.0126%/8h= −13.8% APRpaid last 24h −0.013%
Price spread now: Variational Omni against SoDEX−0.023%7-day average −0.054% · 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)−0.072%−$7 on $10k
+Price spread, last 3 days (all we have)+0.080%+$8 · spread now −0.023%, 7d avg −0.054%
=Together, before fees+0.008%+ Points / potential airdropVariational Omni: Active · farm board+$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.031% dearer against SoDEX than usual: you sell high and buy low (spread −0.023% now, against its 7-day average of −0.054%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 20 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX BNB-USD | 803.90 | 0.0175 | pay 0.0022% / 1h | 30m 14s | $395K | $1.0M | 10x |
| Short | Variational Omni BNB | 803.71 | 0.0049 | get 0.0049% / 8h | 2h 30m | $4.0M | $5.4M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against SoDEX. 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
- −$26.48
- Price spread: −0.023% → −0.054%
- $3.13
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$31.34
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: SoDEX: live order book, 4 min ago; Variational Omni: RFQ quote, 4 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 SoDEX live order book, 4 min ago | 0.62 bp | 4.6 bp −$5 | 8.8 bp −$88 | 79.0 bp −$7,898 | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 3.33 bp | doesn't fit | 6.8 bp −$68 | 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 | 803.78 | −0.015% | $48K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 804.19 | +0.036% | $4K | $1K | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 803.90 | 0.000% | $3.0M | $29.3M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 804.60 | +0.087% | $112K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 804.20 | +0.037% | $869K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 803.86 | −0.005% | $9.8M | — | 150x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0038% | 1h | 803.90 | 0.000% | $2.5M | $909K | 50x | as long as short |
| Variational Omni BNBshort | +0.0049% | 8h | 803.71 | −0.023% | $4.0M | $5.4M | — | |
| BingX BNB-USDC | +0.0054% | 8h | 804.09 | +0.024% | — | $13.3M | — | as long as short |
| Bybit BNBUSDT | +0.0075% | 8h | 803.50 | −0.050% | $139.3M | $82.8M | 75x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BNB-PERP-INTX | +0.0088% | 1h | 804.19 | +0.036% | $609K | $878K | 50x | as long as short |
| Aster BNBUSDT | +0.0090% | 8h | 804.51 | +0.076% | $6.4M | $18.8M | 200x | as long as short |
| Lighter BNB | +0.0096% | 1h | 804.05 | +0.018% | $2.8M | $4.2M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 803.88 | −0.003% | $1.4M | $2.8M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 804.34 | +0.055% | $1.2M | $923K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 803.70 | −0.025% | $55.1M | $115.5M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 804.30 | +0.050% | $53K | $165K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 803.80 | −0.012% | $35.9M | $58.5M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 803.74 | −0.020% | $28.1M | $10.5M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 803.79 | −0.014% | $79.1M | $24.5M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 804.49 | +0.074% | $4.2M | $76.9M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 804.32 | +0.052% | $159K | $439K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 803.74 | −0.020% | $118K | $868K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 803.87 | −0.004% | $388K | $593K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 803.97 | +0.009% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 804.80 | +0.112% | $13K | $1.7M | 50x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 804.31 | +0.051% | $1.6M | $165K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 804.07 | +0.021% | $8.2M | $7.4M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 804.81 | +0.113% | $79K | $19K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 803.45 | −0.055% | $1.9M | $6.1M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 804.04 | +0.017% | $386K | $40K | 10x | as long as short |
| MEXC BNB_USDT | +0.0106% | 8h | 804.90 | +0.124% | $84.4M | $13.6M | 200x | as long as short |
| Binance BNBUSDT | +0.0106% | 8h | 804.52 | +0.077% | $519.1M | $803.1M | 75x | as long as short |
| Phemex BNBUSDT | +0.0125% | 8h | 804.52 | +0.077% | $70.2M | $51.7M | 50x | as long as short |
| Phoenix BNB | +0.0125% | 1h | 803.93 | +0.004% | $173K | $35K | 10x | as long as short |
| Hyperliquid BNB | +0.0157% | 1h | 804.49 | +0.074% | $51.7M | $21.3M | 10x | as long as short |
| SoDEX BNB-USDlong | +0.0175% | 1h | 803.90 | long leg | $395K | $1.0M | 10x | |
| Bulk BNB-USD | +0.0197% | 1h | 804.34 | +0.055% | $650K | $11K | 10x | as long as short |
| RISEx BNB/USDC | +0.0209% | 1h | 804.38 | +0.060% | $1.1M | $1.4M | 20x | as long as short |
| BloFin BNB-USDT | +0.0226% | 8h | 804.88 | +0.122% | $18.8M | $3.1M | 75x | as long as short |
| Hibachi BNB/USDT-P | +0.0240% | 1h | 804.11 | +0.026% | $71K | $48K | 12x | as long as short |
| dYdX BNB-USD | +0.0277% | 1h | 804.28 | +0.047% | $170K | $55K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0328% | 1h | 804.86 | +0.119% | $28K | $1K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0334% | 1h | 803.52 | −0.048% | $6K | $3K | 40x | as long as short |
| Injective BNB/USDC PERP | +0.0353% | 1h | 804.92 | +0.127% | $19K | $526K | 30x | as long as short |
| Backpack BNB_USDC_PERP | +0.0660% | 1h | 805.11 | +0.151% | $3.0M | $5.4M | 40x | as long as short |
SoDEX BNB-USD
Variational Omni BNB
GMX BNB/USD [WBTC.b-USDC]
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Kraken Futures PF_BNBUSD
BingX BNB-USDC
Bybit BNBUSDT
Coinbase International BNB-PERP-INTX
Aster BNBUSDT
Lighter BNB
Pacifica BNB
OKX BNB-USDT-SWAP
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
MEXC BNB_USDT
Binance BNBUSDT
Phemex BNBUSDT
Phoenix BNB
Hyperliquid BNB
Bulk BNB-USD
RISEx BNB/USDC
BloFin BNB-USDT
01 Exchange BNBUSD
Injective BNB/USDC PERP
Backpack BNB_USDC_PERP