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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0070%/8h= +7.6% APRnext payment +$0.70 per $10,000 · paid last 24h +0.053%
Price spread now: BloFin against Variational Omni+0.152%86s7-day average +0.120% · 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 4 days (all we have)+0.165%+$17 on $10k
Price spread, last 4 days (all we have)−0.101%−$10 · spread now +0.152%, 7d avg +0.120%
Together, before fees+0.064%+ Points / potential airdropVariational Omni: Active · farm board+$6 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 BloFin is 0.032% dearer against Variational Omni than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.120%. The two prices were read 86 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni BNB787.710.0100pay 0.0100% / 8h3h 31m$4.1M$4.8M
ShortBloFin BNB-USDT788.910.0170get 0.0170% / 8h3h 31m$18.1M$2.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$14.6
Price spread: +0.152% → +0.120%
$3.19
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
$5.79
Costs to cover
0.120%
Break-even
4.2 days
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; BloFin: live order book, 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 Variational Omni RFQ quote, 2 min ago3.34 bpdoesn't fit4.6 bp −$46doesn't fitdoesn't fit
Sell BloFin live order book, 2 min ago1.01 bp7.0 bp −$78.3 bp −$8312.3 bp −$1,23214.8 bp −$7,418

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 −0.0192% / S +0.0356%1h788.09+0.048%$46K200xas long as short
Kraken Futures PF_BNBUSD−0.0124%1h787.97+0.033%$2.5M$1.2M50xas long as short
Hotstuff BNB-PERP−0.0080%1h788.54+0.105%$4K$4225xas long as short
StandX BNB-USD0.0000%1h788.81+0.139%$851K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h788.04+0.042%$9.5M150xas long as short
Aster BNBUSDT+0.0028%8h788.52+0.103%$6.1M$18.8M200xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.206%$19K$789K30xas long as short
BingX BNB-USDT+0.0042%8h788.26+0.070%$22.4Mas long as short
Binance BNBUSDT+0.0049%8h788.58+0.110%$491.8M$798.6M75xas long as short
MEXC BNB_USDT+0.0049%8h789.00+0.163%$80.0M$12.0M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0050%8h788.62+0.115%$69.0M$50.6M50xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h790.26+0.323%$580K$1.9M50xas long as short
Phoenix BNB+0.0092%1h788.77+0.134%$169K$35K10xas long as short
Lighter BNB+0.0096%1h788.23+0.065%$2.7M$3.8M20xas long as short
dYdX BNB-USD+0.0097%1h788.56+0.107%$160K$64K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h788.16+0.057%$265K$492K50xas long as short
Nado BNB-PERP+0.0100%1h788.10+0.049%$1.5M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h788.71+0.127%$51.7M$17.5M10xas long as short
Pacifica BNB+0.0100%1h788.35+0.081%$1.2M$931K20xas long as short
Bybit BNBUSDT+0.0100%8h788.00+0.037%$138.6M$73.8M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h788.00+0.037%$53.4M$111.6M50xas long as short
Arcus BNB-USD+0.0100%1h788.40+0.087%$52K$133K10xas long as short
Gate BNB_USDT+0.0100%8h788.25+0.068%$35.8M$57.5M75xas long as short
KuCoin BNBUSDTM+0.0100%8h787.80+0.011%$27.6M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h787.83+0.015%$76.3M$30.5M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h788.49+0.099%$2.2M$6.1M40xas long as short
Variational Omni BNBlong+0.0100%8h787.71long leg$4.1M$4.8M
edgeX BNBUSDC+0.0100%4h788.41+0.089%$4.1M$73.8M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h788.75+0.132%$159K$442K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h787.92+0.026%$130K$953K10xas long as short
Derive BNB-PERP+0.0100%1h788.24+0.068%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h788.74+0.131%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h788.30+0.075%$388K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h788.30+0.075%$8.1M$9.6M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h788.43+0.090%$77K$17K50xas long as short
Kalshi KXBNBPERP+0.0102%8h788.80+0.138%$126K$2.7M4.8xas long as short
Extended BNB-USD+0.0104%1h787.82+0.014%$1.9M$6.3M50xas long as short
Aevo BNB-PERP+0.0104%1h788.23+0.065%$379K$110K10xas long as short
BloFin BNB-USDTshort+0.0170%8h788.91+0.152%$18.1M$2.2M75x
GRVT BNB_USDT_Perp+0.0173%8h788.76+0.133%$2.9M$28.7M10xas long as short
Bulk BNB-USD+0.0219%1h788.52+0.103%$639K$9K10xas long as short
01 Exchange BNBUSD+0.0240%1h788.63+0.117%$28K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h788.53+0.104%$1.5M$143K25xas long as short
Reya BNBRUSDPERP+0.0325%1h787.84+0.017%$6K$3K40xas long as short
Hibachi BNB/USDT-P+0.0408%1h788.24+0.067%$67K$39K12xas long as short
RISEx BNB/USDC+0.0431%1h788.57+0.109%$1.1M$893K20xas long as short