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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0025%/8h= +2.7% APRpaid last 24h +0.015%
Price spread now: Variational Omni against StandX−0.180%7-day average −0.122% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.031%+$3 on $10k
Price spread, last 7 days+0.065%+$6 · spread now −0.180%, 7d avg −0.122%
Together, before fees+0.096%+ Points / potential airdropStandX: Active · Variational Omni: Active · farm board+$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.058% cheaper against StandX than usual: you would sell low and buy high (spread −0.180% now, against its 7-day average of −0.122%). If the spread goes back, that is −$6 on $10k: about 7.9 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX BNB-USD794.760get 0.0000% / 1h29m 58s$859K$3.1M30x
ShortVariational Omni BNB793.330.0025get 0.0025% / 8h6h 29m$4.1M$4.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against StandX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$5.16
Price spread: −0.180% → −0.122%
−$5.83
Slippage, 4 orders
no order book: not counted
Fee StandX: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$8.67
Costs to cover
0.080%
Break-even
18.8 days
Slippage unknown: StandX: 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
LegHalf-spread$10k$100k$1M$5M
Buy StandX live order book, 4 min ago4.22 bp8.5 bp −$811.7 bp −$117doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 4 min ago3.34 bpdoesn't fit6.3 bp −$63doesn't fitdoesn't fit

BNB on 45 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 −0.0167% / S +0.0335%1h794.30−0.058%$46K200xas long as short
Kraken Futures PF_BNBUSD−0.0131%1h794.59−0.022%$2.5M$1.0M50xas long as short
Hotstuff BNB-PERP−0.0080%1h794.51−0.031%$4K$23925xas long as short
StandX BNB-USDlong0.0000%1h794.76long leg$859K$3.1M30x
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h794.33−0.054%$9.7M150xas long as short
Variational Omni BNBshort+0.0025%8h793.33−0.180%$4.1M$4.9M
Injective BNB/USDC PERP+0.0033%1h805.09+1.300%$19K$789K30xas long as short
Aster BNBUSDT+0.0035%8h795.14+0.048%$6.1M$19.7M200xas long as short
Gate BNB_USDT+0.0036%8h794.65−0.014%$35.4M$55.9M75xas long as short
GRVT BNB_USDT_Perp+0.0044%8h793.45−0.165%$3.0M$28.8M10xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BNB-USDT+0.0050%8h794.79+0.004%$35.0Mas long as short
Phemex BNBUSDT+0.0052%8h794.89+0.016%$69.5M$50.6M50xas long as short
Coinbase International BNB-PERP-INTX+0.0056%1h791.17−0.452%$607K$1.1M50xas long as short
MEXC BNB_USDT+0.0063%8h795.70+0.118%$82.5M$12.8M200xas long as short
Binance BNBUSDT+0.0063%8h795.43+0.085%$494.9M$811.4M75xas long as short
dYdX BNB-USD+0.0066%1h793.98−0.098%$161K$63K10xas long as short
Phoenix BNB+0.0088%1h793.37−0.175%$170K$36K10xas long as short
Lighter BNB+0.0096%1h794.71−0.006%$2.8M$4.0M20xas long as short
Orderly PERP_BNB_USDC+0.0100%8h794.44−0.040%$384K$409K50xas long as short
Nado BNB-PERP+0.0100%1h793.75−0.127%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h795.20+0.055%$52.1M$19.8M10xas long as short
Pacifica BNB+0.0100%1h794.18−0.073%$1.2M$926K20xas long as short
Bybit BNBUSDT+0.0100%8h794.70−0.008%$138.6M$75.6M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h794.80+0.005%$53.3M$110.6M50xas long as short
Arcus BNB-USD+0.0100%1h794.30−0.058%$52K$134K10xas long as short
KuCoin BNBUSDTM+0.0100%8h794.61−0.019%$27.7M$10.1M75xas long as short
Bitget BNBUSDT+0.0100%8h794.56−0.025%$77.4M$28.3M75xas long as short
edgeX BNBUSDC+0.0100%4h793.22−0.194%$4.1M$77.1M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h793.21−0.195%$159K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h794.34−0.053%$111K$886K10xas long as short
Derive BNB-PERP+0.0100%1h794.58−0.023%$32K$9K10xas long as short
SunX BNB-USDT+0.0100%8h794.00−0.096%$13K$1.6M50xas long as short
SoDEX BNB-USD+0.0100%1h794.70−0.008%$391K$995K10xas long as short
HTX BNB-USDT+0.0100%8h794.16−0.075%$8.1M$8.8M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h794.16−0.076%$77K$17K50xas long as short
Extended BNB-USD+0.0104%1h794.54−0.028%$1.7M$5.8M50xas long as short
Aevo BNB-PERP+0.0104%1h794.58−0.023%$382K$110K10xas long as short
RISEx BNB/USDC+0.0131%1h794.40−0.045%$1.1M$1.3M20xas long as short
Kalshi KXBNBPERP+0.0160%8h795.20+0.055%$112K$2.7M4.8xas long as short
Bulk BNB-USD+0.0175%1h792.60−0.272%$642K$16K10xas long as short
01 Exchange BNBUSD+0.0256%1h794.90+0.018%$28K$2K10xas long as short
Reya BNBRUSDPERP+0.0329%1h794.11−0.082%$6K$3K40xas long as short
Backpack BNB_USDC_PERP+0.0392%1h795.45+0.087%$2.7M$5.7M40xas long as short
Deribit BNB_USDC-PERPETUAL+0.0400%1h795.00+0.030%$1.6M$160K25xas long as short
Hibachi BNB/USDT-P+0.0536%1h794.41−0.044%$68K$38K12xas long as short