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+0.0059%/8h= +6.5% APRnext payment +$0.59 per $10,000 · paid last 24h +0.017%
Price spread now: Aster against Variational Omni+0.304%7-day average +0.119% · you sell dearer than you buy
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)+0.048%+$5 on $10k
Price spread, last 7 days−0.182%−$18 · spread now +0.304%, 7d avg +0.119%
Together, before fees−0.135%+ Points / potential airdropVariational Omni: Active · Aster: Stage 5 · farm board−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aster is 0.185% dearer against Variational Omni than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.119%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni BNB804.970.0048pay 0.0048% / 8h1h 41m$4.1M$5.3M
ShortAster BNBUSDT807.420.0107get 0.0107% / 8h1h 41m$6.4M$18.8M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Variational Omni. 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
$12.44
Price spread: +0.304% → +0.119%
$18.5
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
$22.94
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Aster: live order book, 3 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 Variational Omni RFQ quote, 3 min ago3.33 bpdoesn't fit5.5 bp −$55doesn't fitdoesn't fit
Sell Aster live order book, 3 min ago0.68 bp4.9 bp −$56.0 bp −$6017.7 bp −$1,771doesn'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 −0.0201% / S +0.0372%1h806.58+0.200%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h807.49+0.313%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h806.21+0.153%$3.0M$29.2M10xas long as short
Kalshi KXBNBPERP0.0000%8h807.20+0.277%$107K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h806.73+0.218%$872K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h806.69+0.214%$9.8M150xas long as short
Variational Omni BNBlong+0.0048%8h804.97long leg$4.1M$5.3M
BingX BNB-USDT+0.0059%8h806.90+0.239%$34.5Mas long as short
Hibachi BNB/USDT-P+0.0080%1h805.86+0.111%$71K$48K12xas long as short
Bybit BNBUSDT+0.0083%8h806.50+0.190%$139.7M$81.1M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BNB+0.0096%1h806.92+0.242%$2.8M$4.2M20xas long as short
Coinbase International BNB-PERP-INTX+0.0096%1h805.54+0.070%$608K$881K50xas long as short
Nado BNB-PERP+0.0100%1h806.71+0.215%$1.5M$2.7M20xas long as short
Pacifica BNB+0.0100%1h807.19+0.275%$1.2M$924K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h806.80+0.227%$55.1M$116.1M50xas long as short
Arcus BNB-USD+0.0100%1h807.40+0.301%$53K$170K10xas long as short
Gate BNB_USDT+0.0100%8h806.70+0.214%$36.1M$57.6M75xas long as short
KuCoin BNBUSDTM+0.0100%8h806.68+0.212%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h806.52+0.192%$78.8M$25.0M75xas long as short
edgeX BNBUSDC+0.0100%4h806.39+0.176%$4.2M$76.5M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h806.49+0.188%$162K$440K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h806.72+0.217%$116K$870K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h806.43+0.181%$390K$592K50xas long as short
Derive BNB-PERP+0.0100%1h806.80+0.227%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h807.43+0.305%$13K$1.7M50xas long as short
HTX BNB-USDT+0.0100%8h806.85+0.234%$8.2M$7.6M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h807.66+0.334%$79K$19K50xas long as short
Extended BNB-USD+0.0104%1h806.19+0.151%$1.9M$6.0M50xas long as short
Aevo BNB-PERP+0.0104%1h806.77+0.223%$388K$40K10xas long as short
Aster BNBUSDTshort+0.0107%8h807.42+0.304%$6.4M$18.8M200x
MEXC BNB_USDT+0.0120%8h807.60+0.326%$84.8M$13.4M200xas long as short
Binance BNBUSDT+0.0121%8h807.49+0.313%$521.6M$803.5M75xas long as short
Phemex BNBUSDT+0.0131%8h807.22+0.279%$70.4M$51.8M50xas long as short
Phoenix BNB+0.0155%1h807.20+0.277%$173K$35K10xas long as short
SoDEX BNB-USD+0.0184%1h806.70+0.214%$397K$1.0M10xas long as short
Kraken Futures PF_BNBUSD+0.0205%1h806.73+0.218%$2.5M$929K50xas long as short
dYdX BNB-USD+0.0207%1h806.57+0.199%$163K$63K10xas long as short
Hyperliquid BNB+0.0207%1h807.48+0.311%$52.0M$22.1M10xas long as short
BloFin BNB-USDT+0.0241%8h807.24+0.282%$18.8M$2.6M75xas long as short
Bulk BNB-USD+0.0295%1h807.66+0.334%$652K$14K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h806.95+0.246%$1.6M$165K25xas long as short
Injective BNB/USDC PERP+0.0311%1h805.09+0.014%$19K$789K30xas long as short
RISEx BNB/USDC+0.0318%1h807.26+0.284%$1.1M$1.5M20xas long as short
Reya BNBRUSDPERP+0.0333%1h806.41+0.178%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0360%1h807.86+0.359%$29K$1K10xas long as short
Backpack BNB_USDC_PERP+0.0706%1h807.73+0.342%$3.0M$5.5M40xas long as short