BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0042%/8h= +4.6% APRpaid last 24h +0.012%

Price spread now: Coinbase International against Variational Omni+0.034%7-day average +0.019% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.002%$0 on $10k

Price spread, last 3 days (all we have)−0.061%−$6 · spread now +0.034%, 7d avg +0.019%

Together, before fees−0.063%+ Points / potential airdropVariational Omni: Active · farm board−$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.019%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni BNB	797.73	0.0006	pay 0.0006% / 8h	7h 43m	$4.1M	$5.4M	—
Short	Coinbase International BNB-PERP-INTX	798.00	0.0048	get 0.0006% / 1h	43m 05s	$601K	$979K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Position, each leg$Hold fordaysFee Variational OmnibpFee Coinbase InternationalbpOrdersPrice spread, now +0.034%Rate

Funding earned: $8.82
Price spread: +0.034% → +0.019%: $1.48
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $0.31
Costs to cover: 0.100%
Break-even: 6.8 days

Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Coinbase International: live order book, 30 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 Variational Omni RFQ quote, 1 min ago	3.33 bp	doesn't fit	4.9 bp −$49	doesn't fit	doesn't fit
Sell Coinbase International live order book, 30 min ago	2.63 bp	7.6 bp −$8	12.4 bp −$124	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 −0.0201% / S +0.0372%	1h	799.52	+0.225%	$47K	—	200x	as long as short
Kraken Futures PF_BNBUSD	−0.0120%	1h	799.42	+0.212%	$2.5M	$980K	50x	as long as short
Bybit BNBUSDT	−0.0085%	8h	799.29	+0.196%	$138.8M	$76.4M	75x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	799.61	+0.236%	$4K	$239	25x	as long as short
BingX BNB-USDT	−0.0049%	8h	799.52	+0.225%	—	$35.2M	—	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	799.28	+0.194%	$3.0M	$27.9M	10x	as long as short
StandX BNB-USD	0.0000%	1h	799.52	+0.225%	$864K	$2.9M	30x	as long as short
Phemex BNBUSDT	0.0000%	8h	800.05	+0.291%	$69.9M	$50.5M	50x	as long as short
Variational Omni BNBlong	+0.0006%	8h	797.73	long leg	$4.1M	$5.4M	—
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	799.45	+0.216%	$9.7M	—	150x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+0.923%	$19K	$789K	30x	as long as short
Coinbase International BNB-PERP-INTXshort	+0.0048%	1h	798.00	+0.034%	$601K	$979K	50x
Aster BNBUSDT	+0.0069%	8h	800.12	+0.300%	$6.2M	$19.2M	200x	as long as short
Gate BNB_USDT	+0.0088%	8h	799.25	+0.191%	$35.8M	$56.0M	75x	as long as short
MEXC BNB_USDT	+0.0089%	8h	800.40	+0.335%	$83.2M	$13.5M	200x	as long as short
Binance BNBUSDT	+0.0090%	8h	800.23	+0.314%	$497.1M	$812.1M	75x	as long as short
Lighter BNB	+0.0096%	1h	799.77	+0.256%	$2.8M	$4.0M	20x	as long as short
Phoenix BNB	+0.0099%	1h	798.69	+0.121%	$172K	$36K	10x	as long as short
Nado BNB-PERP	+0.0100%	1h	799.01	+0.161%	$1.5M	$2.7M	20x	as long as short
Pacifica BNB	+0.0100%	1h	799.39	+0.209%	$1.2M	$925K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	799.40	+0.210%	$54.2M	$111.2M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	799.80	+0.260%	$53K	$133K	10x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	799.40	+0.210%	$28.0M	$10.1M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	799.28	+0.195%	$78.9M	$27.5M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	799.08	+0.169%	$4.2M	$76.5M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	799.20	+0.185%	$161K	$435K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	799.41	+0.211%	$118K	$871K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	799.53	+0.226%	$386K	$459K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	799.64	+0.240%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	800.08	+0.295%	$13K	$1.7M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	799.60	+0.235%	$393K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	799.09	+0.171%	$8.2M	$8.1M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	800.20	+0.310%	$78K	$18K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	799.06	+0.167%	$1.8M	$6.5M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	799.55	+0.229%	$384K	$108K	10x	as long as short
Bulk BNB-USD	+0.0118%	1h	798.39	+0.084%	$648K	$11K	10x	as long as short
Hibachi BNB/USDT-P	+0.0136%	1h	798.91	+0.148%	$70K	$34K	12x	as long as short
RISEx BNB/USDC	+0.0155%	1h	799.60	+0.235%	$1.1M	$1.4M	20x	as long as short
Kalshi KXBNBPERP	+0.0159%	8h	799.70	+0.247%	$90K	$2.8M	4.8x	as long as short
BloFin BNB-USDT	+0.0210%	8h	800.10	+0.298%	$18.1M	$2.5M	75x	as long as short
01 Exchange BNBUSD	+0.0216%	1h	800.16	+0.305%	$28K	$1K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	800.01	+0.286%	$1.6M	$160K	25x	as long as short
dYdX BNB-USD	+0.0307%	1h	798.68	+0.120%	$161K	$63K	10x	as long as short
Reya BNBRUSDPERP	+0.0330%	1h	799.08	+0.169%	$6K	$3K	40x	as long as short
Hyperliquid BNB	+0.0331%	1h	800.28	+0.320%	$53.2M	$20.9M	10x	as long as short
Backpack BNB_USDC_PERP	+0.0404%	1h	800.36	+0.330%	$2.7M	$5.7M	40x	as long as short