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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0208%/8h= +22.8% APRpaid last 24h +0.110%
Price spread now: dYdX against Variational Omni+0.151%7-day average +0.020% · 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)+0.423%+$42 on $10k
Price spread, last 4 days (all we have)+0.028%+$3 · spread now +0.151%, 7d avg +0.020%
Together, before fees+0.451%+ Points / potential airdropVariational Omni: Active · farm board+$45 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and dYdX is 0.131% dearer against Variational Omni than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni BNB802.350.0055pay 0.0055% / 8h2h 36m$4.0M$5.4M
ShortdYdX BNB-USD803.570.0263get 0.0033% / 1h36m 17s$170K$55K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
$43.7
Price spread: +0.151% → +0.020%
$13.14
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee dYdX: 5 bp × 2 orders
−$10
Net
$46.84
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; dYdX: live order book, 52 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 fit6.7 bp −$67doesn't fitdoesn't fit
Sell dYdX live order book, 52 min ago12.60 bp19.2 bp −$1963.6 bp −$63696.8 bp −$9,684323.0 bp −$161.5K

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%1h802.98+0.079%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h802.88+0.066%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h803.28+0.116%$3.0M$29.7M10xas long as short
Kalshi KXBNBPERP0.0000%8h803.60+0.155%$111K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h803.92+0.195%$869K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h802.99+0.079%$9.8M150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h803.13+0.097%$2.5M$908K50xas long as short
Variational Omni BNBlong+0.0055%8h802.35long leg$4.0M$5.4M
BingX BNB-USDC+0.0062%8h803.17+0.102%$13.3Mas long as short
Bybit BNBUSDT+0.0078%8h802.62+0.033%$139.2M$82.8M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0088%1h803.99+0.204%$608K$878K50xas long as short
Aster BNBUSDT+0.0088%8h803.81+0.181%$6.4M$18.8M200xas long as short
Lighter BNB+0.0096%1h803.25+0.112%$2.8M$4.2M20xas long as short
Nado BNB-PERP+0.0100%1h802.81+0.057%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h803.35+0.124%$1.2M$923K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h803.00+0.081%$55.1M$115.4M50xas long as short
Arcus BNB-USD+0.0100%1h803.40+0.130%$52K$161K10xas long as short
Gate BNB_USDT+0.0100%8h802.85+0.062%$35.9M$58.5M75xas long as short
KuCoin BNBUSDTM+0.0100%8h802.86+0.063%$28.1M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h802.68+0.041%$79.0M$24.5M75xas long as short
edgeX BNBUSDC+0.0100%4h803.02+0.083%$4.2M$76.8M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h803.43+0.134%$158K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h803.05+0.087%$118K$868K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h803.04+0.085%$388K$593K50xas long as short
Derive BNB-PERP+0.0100%1h803.09+0.092%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h803.59+0.154%$13K$1.7M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h803.49+0.141%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h803.29+0.117%$8.2M$7.4M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h803.87+0.189%$78K$19K50xas long as short
MEXC BNB_USDT+0.0103%8h804.10+0.218%$84.4M$13.6M200xas long as short
Extended BNB-USD+0.0104%1h802.61+0.032%$1.9M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h803.19+0.105%$386K$40K10xas long as short
Binance BNBUSDT+0.0104%8h803.74+0.173%$518.4M$803.0M75xas long as short
Phemex BNBUSDT+0.0125%8h803.65+0.162%$70.1M$51.7M50xas long as short
Phoenix BNB+0.0125%1h803.30+0.118%$173K$35K10xas long as short
SoDEX BNB-USD+0.0129%1h803.10+0.093%$395K$1.0M10xas long as short
Hyperliquid BNB+0.0146%1h803.80+0.180%$51.6M$21.3M10xas long as short
Bulk BNB-USD+0.0194%1h803.61+0.157%$649K$11K10xas long as short
RISEx BNB/USDC+0.0209%1h803.47+0.139%$1.1M$1.4M20xas long as short
BloFin BNB-USDT+0.0223%8h804.26+0.238%$18.8M$3.1M75xas long as short
Hibachi BNB/USDT-P+0.0248%1h803.74+0.172%$71K$48K12xas long as short
dYdX BNB-USDshort+0.0263%1h803.57+0.151%$170K$55K10x
01 Exchange BNBUSD+0.0312%1h803.93+0.196%$28K$1K10xas long as short
Reya BNBRUSDPERP+0.0334%1h802.82+0.058%$6K$3K40xas long as short
Injective BNB/USDC PERP+0.0353%1h804.92+0.320%$19K$526K30xas long as short
Backpack BNB_USDC_PERP+0.0675%1h804.57+0.276%$3.0M$5.3M40xas long as short