Funding you earn now, next payment 00:00 UTC+0.0045%/8h= +5.0% APRpaid last 24h +0.006%
Price spread now: edgeX against Variational Omni+0.144%7-day average +0.083% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.064%+$6 on $10k
+Price spread, last 7 days−0.033%−$3 · spread now +0.144%, 7d avg +0.083%
=Together, before fees+0.031%+ Points / potential airdropVariational Omni: Active · edgeX: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and edgeX is 0.061% dearer against Variational Omni than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.083%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni BNB | 802.35 | 0.0055 | pay 0.0055% / 8h | 2h 38m | $4.0M | $5.4M | — |
| Short | edgeX BNBUSDC | 803.51 | 0.0100 | get 0.0050% / 4h | 2h 38m | $4.2M | $76.8M | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $9.53
- Price spread: +0.144% → +0.083%
- $6.05
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $6.59
- Costs to cover
- 0.090%
- Break-even
- 2.2 days
Slippage unknown: Variational Omni: RFQ quote, just now; edgeX: live order book, 5 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, just now | 3.33 bp | doesn't fit | 6.7 bp −$67 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 5 min ago | 1.87 bp | 6.4 bp −$6 | 6.4 bp −$64 | 9.9 bp −$990 | 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 −0.0195% / S +0.0371% | 1h | 802.30 | −0.007% | $48K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 803.25 | +0.112% | $4K | $1K | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 803.28 | +0.116% | $3.0M | $29.7M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 803.20 | +0.105% | $112K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 803.58 | +0.153% | $868K | $3.0M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 802.33 | −0.003% | $9.7M | — | 150x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0038% | 1h | 802.12 | −0.029% | $2.5M | $910K | 50x | as long as short |
| Variational Omni BNBlong | +0.0055% | 8h | 802.35 | long leg | $4.0M | $5.4M | — | |
| BingX BNB-USDC | +0.0062% | 8h | 802.52 | +0.021% | — | $13.3M | — | as long as short |
| Bybit BNBUSDT | +0.0081% | 8h | 801.90 | −0.057% | $138.6M | $82.5M | 75x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BNBUSDT | +0.0087% | 8h | 802.84 | +0.061% | $6.4M | $18.8M | 200x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0088% | 1h | 803.99 | +0.204% | $608K | $878K | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 802.48 | +0.016% | $2.8M | $4.2M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 802.00 | −0.044% | $1.4M | $2.8M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 802.58 | +0.028% | $1.2M | $923K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 802.30 | −0.007% | $55.0M | $115.3M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 802.60 | +0.031% | $52K | $161K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 802.15 | −0.025% | $35.9M | $58.4M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 802.03 | −0.040% | $28.1M | $10.5M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 801.89 | −0.058% | $78.9M | $24.5M | 75x | as long as short |
| edgeX BNBUSDCshort | +0.0100% | 4h | 803.51 | +0.144% | $4.2M | $76.8M | 30x | |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 803.43 | +0.134% | $158K | $438K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 802.12 | −0.029% | $118K | $868K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 802.37 | +0.002% | $388K | $593K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 802.45 | +0.012% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 802.92 | +0.071% | $13K | $1.7M | 50x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 802.78 | +0.053% | $1.6M | $165K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 802.64 | +0.036% | $8.2M | $7.4M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 802.94 | +0.072% | $78K | $19K | 50x | as long as short |
| MEXC BNB_USDT | +0.0103% | 8h | 803.30 | +0.118% | $84.3M | $13.6M | 200x | as long as short |
| Binance BNBUSDT | +0.0103% | 8h | 803.11 | +0.094% | $517.9M | $803.4M | 75x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 801.91 | −0.056% | $1.9M | $6.1M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 802.44 | +0.011% | $385K | $40K | 10x | as long as short |
| SoDEX BNB-USD | +0.0117% | 1h | 802.30 | −0.007% | $395K | $1.0M | 10x | as long as short |
| Phemex BNBUSDT | +0.0122% | 8h | 802.86 | +0.063% | $70.0M | $51.7M | 50x | as long as short |
| Phoenix BNB | +0.0125% | 1h | 803.50 | +0.143% | $173K | $35K | 10x | as long as short |
| Hyperliquid BNB | +0.0149% | 1h | 802.91 | +0.070% | $51.6M | $21.3M | 10x | as long as short |
| Bulk BNB-USD | +0.0194% | 1h | 803.61 | +0.157% | $649K | $11K | 10x | as long as short |
| RISEx BNB/USDC | +0.0209% | 1h | 802.55 | +0.024% | $1.1M | $1.4M | 20x | as long as short |
| BloFin BNB-USDT | +0.0223% | 8h | 802.88 | +0.066% | $18.8M | $3.1M | 75x | as long as short |
| dYdX BNB-USD | +0.0254% | 1h | 803.00 | +0.081% | $170K | $55K | 10x | as long as short |
| Hibachi BNB/USDT-P | +0.0256% | 1h | 802.85 | +0.062% | $71K | $49K | 12x | as long as short |
| 01 Exchange BNBUSD | +0.0312% | 1h | 802.92 | +0.071% | $28K | $1K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0334% | 1h | 801.86 | −0.062% | $6K | $3K | 40x | as long as short |
| Injective BNB/USDC PERP | +0.0353% | 1h | 804.92 | +0.320% | $19K | $526K | 30x | as long as short |
| Backpack BNB_USDC_PERP | +0.0680% | 1h | 803.34 | +0.123% | $3.0M | $5.3M | 40x | as long as short |
Variational Omni BNB
edgeX BNBUSDC
GMX BNB/USD [WBTC.b-USDC]
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Kraken Futures PF_BNBUSD
BingX BNB-USDC
Bybit BNBUSDT
Aster BNBUSDT
Coinbase International BNB-PERP-INTX
Lighter BNB
Pacifica BNB
OKX BNB-USDT-SWAP
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
MEXC BNB_USDT
Binance BNBUSDT
Extended BNB-USD
SoDEX BNB-USD
Phemex BNBUSDT
Phoenix BNB
Hyperliquid BNB
Bulk BNB-USD
RISEx BNB/USDC
BloFin BNB-USDT
01 Exchange BNBUSD
Injective BNB/USDC PERP
Backpack BNB_USDC_PERP