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+0.0052%/8h= +5.7% APRnext payment +$0.52 per $10,000 · paid last 24h +0.006%
Price spread now: KuCoin against Variational Omni+0.110%7-day average +0.018% · 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)+0.054%+$5 on $10k
Price spread, last 7 days−0.081%−$8 · spread now +0.110%, 7d avg +0.018%
Together, before fees−0.027%+ Points / potential airdropVariational Omni: Active · farm board−$3 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 KuCoin is 0.092% dearer against Variational Omni than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.018%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni BNB803.610.0048pay 0.0048% / 8h2h 02m$4.1M$5.3M
ShortKuCoin BNBUSDTM804.500.0100get 0.0100% / 8h2h 02m$28.2M$10.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$10.97
Price spread: +0.110% → +0.018%
$9.25
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$8.22
Costs to cover
0.120%
Break-even
1.8 days
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; KuCoin: live order book, 7 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 ago3.33 bpdoesn't fit6.9 bp −$69doesn't fitdoesn't fit
Sell KuCoin live order book, 7 min ago0.68 bp8.9 bp −$913.8 bp −$13844.1 bp −$4,414doesn'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 −0.0195% / S +0.0371%1h804.57+0.120%$49K200xas long as short
Hotstuff BNB-PERP−0.0080%1h805.26+0.205%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h804.57+0.119%$3.0M$29.5M10xas long as short
Kalshi KXBNBPERP0.0000%8h805.30+0.210%$108K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h804.74+0.140%$870K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h804.62+0.125%$9.8M150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h804.71+0.137%$2.5M$928K50xas long as short
Variational Omni BNBlong+0.0048%8h803.61long leg$4.1M$5.3M
BingX BNB-USDC+0.0056%8h804.70+0.135%$13.3Mas long as short
Bybit BNBUSDT+0.0079%8h804.20+0.073%$139.6M$81.7M75xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0088%1h804.54+0.115%$607K$881K50xas long as short
Lighter BNB+0.0096%1h804.84+0.152%$2.8M$4.2M20xas long as short
Aster BNBUSDT+0.0100%8h805.20+0.197%$6.4M$18.9M200xas long as short
Nado BNB-PERP+0.0100%1h804.36+0.093%$1.5M$2.8M20xas long as short
Pacifica BNB+0.0100%1h804.92+0.162%$1.2M$924K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h804.50+0.110%$55.2M$116.1M50xas long as short
Arcus BNB-USD+0.0100%1h805.00+0.172%$53K$170K10xas long as short
Gate BNB_USDT+0.0100%8h804.50+0.110%$36.1M$59.2M75xas long as short
KuCoin BNBUSDTMshort+0.0100%8h804.50+0.110%$28.2M$10.5M75x
Bitget BNBUSDT+0.0100%8h804.27+0.082%$78.9M$24.8M75xas long as short
edgeX BNBUSDC+0.0100%4h804.74+0.140%$4.2M$76.4M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h804.70+0.135%$159K$436K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h804.61+0.124%$116K$873K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h804.62+0.125%$389K$592K50xas long as short
Derive BNB-PERP+0.0100%1h804.87+0.156%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h805.33+0.214%$13K$1.7M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h805.12+0.187%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h804.71+0.136%$8.2M$7.5M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h805.46+0.230%$79K$19K50xas long as short
Extended BNB-USD+0.0104%1h804.21+0.075%$1.9M$5.9M50xas long as short
Aevo BNB-PERP+0.0104%1h804.80+0.148%$387K$40K10xas long as short
MEXC BNB_USDT+0.0115%8h805.50+0.235%$84.6M$13.7M200xas long as short
Binance BNBUSDT+0.0116%8h805.25+0.204%$520.0M$806.3M75xas long as short
Phoenix BNB+0.0125%1h804.66+0.130%$173K$35K10xas long as short
Phemex BNBUSDT+0.0138%8h805.25+0.204%$70.3M$51.9M50xas long as short
SoDEX BNB-USD+0.0191%1h804.70+0.135%$396K$1.0M10xas long as short
Hyperliquid BNB+0.0194%1h805.12+0.187%$51.8M$22.0M10xas long as short
RISEx BNB/USDC+0.0209%1h804.97+0.169%$1.1M$1.4M20xas long as short
dYdX BNB-USD+0.0229%1h804.85+0.154%$170K$55K10xas long as short
BloFin BNB-USDT+0.0236%8h805.43+0.226%$18.9M$3.1M75xas long as short
Hibachi BNB/USDT-P+0.0256%1h804.97+0.169%$71K$48K12xas long as short
Bulk BNB-USD+0.0258%1h805.37+0.219%$651K$14K10xas long as short
Reya BNBRUSDPERP+0.0334%1h804.30+0.086%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0344%1h805.57+0.243%$28K$1K10xas long as short
Injective BNB/USDC PERP+0.0353%1h804.89+0.159%$19K$627K30xas long as short
Backpack BNB_USDC_PERP+0.0655%1h805.64+0.252%$3.0M$5.5M40xas long as short