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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0032%/8h= −3.5% APRnext payment $0.32 per $10,000 · paid last 24h −0.006%
Price spread now: Variational Omni against SunX−0.090%45s7-day average −0.111% · 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)−0.059%−$6 on $10k
Price spread, last 3 days (all we have)+0.320%+$32 · spread now −0.090%, 7d avg −0.111%
Together, before fees+0.260%+ Points / potential airdropVariational Omni: Active · farm board+$26 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.021% dearer against SunX than usual: you sell high and buy low (spread −0.090% now, against its 7-day average of −0.111%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.2 days. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BNB-USDT804.290.0100pay 0.0100% / 8h3h 17m$13K$1.7M50x
ShortVariational Omni BNB803.560.0068get 0.0068% / 8h3h 17m$4.1M$5.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against SunX. 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
−$6.75
Price spread: −0.090% → −0.111%
$2.08
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$12.67
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 7 min ago; Variational Omni: RFQ quote, 2 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 SunX live order book, 7 min ago14.51 bp21.1 bp −$2130.1 bp −$301doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 2 min ago3.32 bpdoesn't fit5.0 bp −$50doesn't fitdoesn't fit

BNB on 46 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 −0.0195% / S +0.0371%1h803.65−0.080%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h803.85−0.054%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h804.06−0.028%$3.0M$30.0M10xas long as short
Kalshi KXBNBPERP0.0000%8h804.20−0.011%$109K$2.6M4.8xas long as short
StandX BNB-USD0.0000%1h803.51−0.097%$869K$3.0M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h803.68−0.075%$9.8M150xas long as short
Coinbase International BNB-PERP-INTX+0.0064%1h805.24+0.118%$609K$903K50xas long as short
Variational Omni BNBshort+0.0068%8h803.56−0.090%$4.1M$5.5M
Aster BNBUSDT+0.0088%8h803.90−0.048%$6.3M$18.9M200xas long as short
MEXC BNB_USDT+0.0095%8h804.50+0.026%$84.4M$15.2M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0096%8h804.15−0.017%$518.5M$808.5M75xas long as short
Lighter BNB+0.0096%1h803.61−0.084%$2.8M$4.2M20xas long as short
Nado BNB-PERP+0.0100%1h803.30−0.123%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h803.75−0.067%$1.2M$915K20xas long as short
Bybit BNBUSDT+0.0100%8h803.40−0.110%$139.1M$83.6M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h803.40−0.110%$55.0M$115.5M50xas long as short
Arcus BNB-USD+0.0100%1h803.80−0.061%$52K$222K10xas long as short
Gate BNB_USDT+0.0100%8h803.30−0.123%$35.9M$59.1M75xas long as short
KuCoin BNBUSDTM+0.0100%8h803.24−0.130%$28.1M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h803.17−0.139%$78.8M$24.6M75xas long as short
BingX BNB-USDT+0.0100%8h803.53−0.094%$34.4Mas long as short
edgeX BNBUSDC+0.0100%4h804.30+0.002%$4.2M$77.1M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h804.14−0.018%$159K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h803.50−0.098%$118K$874K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h803.69−0.074%$388K$596K50xas long as short
Derive BNB-PERP+0.0100%1h803.90−0.048%$32K$5K10xas long as short
SunX BNB-USDTlong+0.0100%8h804.29long leg$13K$1.7M50x
SoDEX BNB-USD+0.0100%1h803.80−0.061%$395K$1.0M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h804.17−0.014%$1.6M$160K25xas long as short
HTX BNB-USDT+0.0100%8h803.32−0.120%$8.2M$7.2M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h804.28−0.001%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h803.25−0.129%$1.9M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h803.92−0.045%$386K$40K10xas long as short
Phemex BNBUSDT+0.0106%8h804.33+0.005%$70.2M$51.6M50xas long as short
Phoenix BNB+0.0110%1h803.71−0.072%$173K$35K10xas long as short
Bulk BNB-USD+0.0126%1h804.44+0.019%$650K$11K10xas long as short
Kraken Futures PF_BNBUSD+0.0131%1h803.85−0.054%$2.5M$915K50xas long as short
RISEx BNB/USDC+0.0143%1h803.92−0.046%$1.1M$1.4M20xas long as short
Injective BNB/USDC PERP+0.0157%1h800.33−0.492%$19K$423K30xas long as short
BloFin BNB-USDT+0.0216%8h804.36+0.009%$18.9M$3.1M75xas long as short
Hibachi BNB/USDT-P+0.0232%1h803.67−0.077%$71K$49K12xas long as short
Hyperliquid BNB+0.0255%1h804.14−0.018%$51.6M$21.6M10xas long as short
01 Exchange BNBUSD+0.0296%1h804.34+0.007%$28K$1K10xas long as short
Reya BNBRUSDPERP+0.0335%1h803.29−0.124%$6K$3K40xas long as short
dYdX BNB-USD+0.0408%1h803.41−0.109%$170K$55K10xas long as short
Backpack BNB_USDC_PERP+0.0645%1h804.78+0.061%$3.0M$5.3M40xas long as short