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
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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni BNB | 803.61 | 0.0048 | pay 0.0048% / 8h | 2h 02m | $4.1M | $5.3M | — |
| Short | KuCoin BNBUSDTM | 804.50 | 0.0100 | get 0.0100% / 8h | 2h 02m | $28.2M | $10.5M | 75x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni RFQ quote, 2 min ago | 3.33 bp | doesn't fit | 6.9 bp −$69 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 0.68 bp | 8.9 bp −$9 | 13.8 bp −$138 | 44.1 bp −$4,414 | 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 | 804.57 | +0.120% | $49K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 805.26 | +0.205% | $4K | $1K | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 804.57 | +0.119% | $3.0M | $29.5M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 805.30 | +0.210% | $108K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 804.74 | +0.140% | $870K | $2.8M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 804.62 | +0.125% | $9.8M | — | 150x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0038% | 1h | 804.71 | +0.137% | $2.5M | $928K | 50x | as long as short |
| Variational Omni BNBlong | +0.0048% | 8h | 803.61 | long leg | $4.1M | $5.3M | — | |
| BingX BNB-USDC | +0.0056% | 8h | 804.70 | +0.135% | — | $13.3M | — | as long as short |
| Bybit BNBUSDT | +0.0079% | 8h | 804.20 | +0.073% | $139.6M | $81.7M | 75x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BNB-PERP-INTX | +0.0088% | 1h | 804.54 | +0.115% | $607K | $881K | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 804.84 | +0.152% | $2.8M | $4.2M | 20x | as long as short |
| Aster BNBUSDT | +0.0100% | 8h | 805.20 | +0.197% | $6.4M | $18.9M | 200x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 804.36 | +0.093% | $1.5M | $2.8M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 804.92 | +0.162% | $1.2M | $924K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 804.50 | +0.110% | $55.2M | $116.1M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 805.00 | +0.172% | $53K | $170K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 804.50 | +0.110% | $36.1M | $59.2M | 75x | as long as short |
| KuCoin BNBUSDTMshort | +0.0100% | 8h | 804.50 | +0.110% | $28.2M | $10.5M | 75x | |
| Bitget BNBUSDT | +0.0100% | 8h | 804.27 | +0.082% | $78.9M | $24.8M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 804.74 | +0.140% | $4.2M | $76.4M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 804.70 | +0.135% | $159K | $436K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 804.61 | +0.124% | $116K | $873K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 804.62 | +0.125% | $389K | $592K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 804.87 | +0.156% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 805.33 | +0.214% | $13K | $1.7M | 50x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 805.12 | +0.187% | $1.6M | $165K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 804.71 | +0.136% | $8.2M | $7.5M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 805.46 | +0.230% | $79K | $19K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 804.21 | +0.075% | $1.9M | $5.9M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 804.80 | +0.148% | $387K | $40K | 10x | as long as short |
| MEXC BNB_USDT | +0.0115% | 8h | 805.50 | +0.235% | $84.6M | $13.7M | 200x | as long as short |
| Binance BNBUSDT | +0.0116% | 8h | 805.25 | +0.204% | $520.0M | $806.3M | 75x | as long as short |
| Phoenix BNB | +0.0125% | 1h | 804.66 | +0.130% | $173K | $35K | 10x | as long as short |
| Phemex BNBUSDT | +0.0138% | 8h | 805.25 | +0.204% | $70.3M | $51.9M | 50x | as long as short |
| SoDEX BNB-USD | +0.0191% | 1h | 804.70 | +0.135% | $396K | $1.0M | 10x | as long as short |
| Hyperliquid BNB | +0.0194% | 1h | 805.12 | +0.187% | $51.8M | $22.0M | 10x | as long as short |
| RISEx BNB/USDC | +0.0209% | 1h | 804.97 | +0.169% | $1.1M | $1.4M | 20x | as long as short |
| dYdX BNB-USD | +0.0229% | 1h | 804.85 | +0.154% | $170K | $55K | 10x | as long as short |
| BloFin BNB-USDT | +0.0236% | 8h | 805.43 | +0.226% | $18.9M | $3.1M | 75x | as long as short |
| Hibachi BNB/USDT-P | +0.0256% | 1h | 804.97 | +0.169% | $71K | $48K | 12x | as long as short |
| Bulk BNB-USD | +0.0258% | 1h | 805.37 | +0.219% | $651K | $14K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0334% | 1h | 804.30 | +0.086% | $6K | $3K | 40x | as long as short |
| 01 Exchange BNBUSD | +0.0344% | 1h | 805.57 | +0.243% | $28K | $1K | 10x | as long as short |
| Injective BNB/USDC PERP | +0.0353% | 1h | 804.89 | +0.159% | $19K | $627K | 30x | as long as short |
| Backpack BNB_USDC_PERP | +0.0655% | 1h | 805.64 | +0.252% | $3.0M | $5.5M | 40x | as long as short |
Variational Omni BNB
KuCoin BNBUSDTM
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
Coinbase International BNB-PERP-INTX
Lighter BNB
Aster BNBUSDT
Pacifica BNB
OKX BNB-USDT-SWAP
Gate BNB_USDT
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
MEXC BNB_USDT
Binance BNBUSDT
Phoenix BNB
Phemex BNBUSDT
SoDEX BNB-USD
Hyperliquid BNB
RISEx BNB/USDC
BloFin BNB-USDT
Bulk BNB-USD
01 Exchange BNBUSD
Injective BNB/USDC PERP
Backpack BNB_USDC_PERP