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

BNB

all BNB markets
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Alert: funding
Measured
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
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Funding you earn now, next payment 00:00 UTC+0.0079%/8h= +8.6% APRpaid last 24h +0.005%
Price spread now: Lighter against Variational Omni+0.081%7-day average +0.037% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on Variational OmniShort on Lighter
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.064%+$6 on $10k
Price spread, last 7 days−0.050%−$5 · spread now +0.081%, 7d avg +0.037%
Together, before fees+0.014%+ Points / potential airdropVariational Omni: Active · Lighter: Season 3 · farm board+$1 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 Lighter is 0.044% dearer against Variational Omni than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni BNB799.360.0017pay 0.0017% / 8h31m 23s$4.1M$5.4M—
ShortLighter BNB800.010.0096get 0.0012% / 1h31m 23s$2.8M$4.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
$16.56
Price spread: +0.081% → +0.037%
$4.38
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Lighter: 0 bp × 2 orders
$0
Net
$20.94
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Lighter: live order book, 6 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 fit5.4 bp −$54doesn't fitdoesn't fit
Sell Lighter live order book, 6 min ago0.75 bp1.8 bp −$24.2 bp −$4212.1 bp −$1,20967.5 bp −$33.7K

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 −0.0201% / S +0.0372%1h799.94+0.073%$47K—200xas long as short
Hotstuff BNB-PERP−0.0080%1h800.05+0.087%$4K$1K25xas long as short
Kraken Futures PF_BNBUSD−0.0074%1h799.57+0.026%$2.5M$972K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h800.38+0.128%$3.0M$28.0M10xas long as short
StandX BNB-USD0.0000%1h800.78+0.178%$865K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h799.97+0.077%$9.7M—150xas long as short
Variational Omni BNBlong+0.0017%8h799.36long leg$4.1M$5.4M—
BingX BNB-USDT+0.0041%8h799.91+0.069%—$34.8M—as long as short
Bybit BNBUSDT+0.0049%8h799.40+0.005%$138.7M$77.8M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h799.89+0.067%$606K$993K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0094%8h800.41+0.132%$6.3M$19.0M200xas long as short
Lighter BNBshort+0.0096%1h800.01+0.081%$2.8M$4.1M20x
Nado BNB-PERP+0.0100%1h799.64+0.035%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h799.92+0.070%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h799.40+0.005%$54.5M$113.0M50xas long as short
Arcus BNB-USD+0.0100%1h800.20+0.105%$53K$133K10xas long as short
Gate BNB_USDT+0.0100%8h799.65+0.037%$35.8M$57.9M75xas long as short
KuCoin BNBUSDTM+0.0100%8h799.67+0.039%$28.0M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h799.40+0.005%$79.3M$27.4M75xas long as short
edgeX BNBUSDC+0.0100%4h800.41+0.132%$4.2M$76.8M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h800.53+0.147%$161K$441K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h799.82+0.058%$117K$875K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h799.69+0.042%$386K$497K50xas long as short
Derive BNB-PERP+0.0100%1h799.94+0.073%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h800.22+0.108%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h799.80+0.055%$393K$1.0M10xas long as short
HTX BNB-USDT+0.0100%8h800.02+0.083%$8.2M$8.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h800.27+0.114%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h799.22−0.017%$1.8M$6.5M50xas long as short
Aevo BNB-PERP+0.0104%1h799.86+0.062%$384K$40K10xas long as short
Phemex BNBUSDT+0.0111%8h800.24+0.110%$69.9M$50.6M50xas long as short
MEXC BNB_USDT+0.0115%8h800.90+0.193%$83.1M$13.5M200xas long as short
Binance BNBUSDT+0.0116%8h800.39+0.129%$499.8M$815.9M75xas long as short
Kalshi KXBNBPERP+0.0116%8h800.60+0.155%$110K$2.9M4.8xas long as short
Phoenix BNB+0.0127%1h800.57+0.152%$172K$36K10xas long as short
Hibachi BNB/USDT-P+0.0184%1h799.93+0.071%$70K$44K12xas long as short
Hyperliquid BNB+0.0186%1h800.62+0.158%$51.9M$21.1M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h800.13+0.097%$1.6M$165K25xas long as short
BloFin BNB-USDT+0.0236%8h800.28+0.115%$18.2M$2.5M75xas long as short
RISEx BNB/USDC+0.0258%1h799.95+0.073%$1.1M$1.4M20xas long as short
01 Exchange BNBUSD+0.0304%1h800.36+0.125%$28K$1K10xas long as short
Bulk BNB-USD+0.0305%1h801.82+0.308%$651K$20K10xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.717%$19K$789K30xas long as short
Reya BNBRUSDPERP+0.0332%1h799.52+0.021%$6K$3K40xas long as short
dYdX BNB-USD+0.0393%1h800.10+0.093%$161K$62K10xas long as short
Backpack BNB_USDC_PERP+0.0411%1h800.67+0.164%$2.7M$5.7M40xas long as short