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+0.0045%/8h= +5.0% APRnext payment +$0.45 per $10,000 · paid last 24h +0.006%
Price spread now: OKX against Variational Omni+0.068%7-day average +0.011% · 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)+0.056%+$6 on $10k
Price spread, last 7 days−0.050%−$5 · spread now +0.068%, 7d avg +0.011%
Together, before fees+0.006%+ Points / potential airdropVariational Omni: Active · farm board+$1 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 OKX is 0.057% 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 +0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni BNB802.350.0055pay 0.0055% / 8h2h 36m$4.0M$5.4M
ShortOKX BNB-USDT-SWAP802.900.0100get 0.0100% / 8h2h 36m$55.1M$115.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$9.53
Price spread: +0.068% → +0.011%
$5.68
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
$5.21
Costs to cover
0.100%
Break-even
3.2 days
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; OKX: live order book, 2 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 fit6.7 bp −$67doesn't fitdoesn't fit
Sell OKX live order book, 2 min ago0.62 bp6.0 bp −$68.4 bp −$8420.4 bp −$2,043doesn'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%1h803.65+0.161%$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%8h804.10+0.218%$113K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h803.40+0.130%$868K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h803.65+0.161%$9.8M150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h803.61+0.157%$2.5M$908K50xas long as short
Variational Omni BNBlong+0.0055%8h802.35long leg$4.0M$5.4M
BingX BNB-USDT+0.0057%8h803.18+0.103%$34.5Mas long as short
Bybit BNBUSDT+0.0078%8h802.60+0.031%$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%1h803.38+0.128%$2.8M$4.2M20xas long as short
Nado BNB-PERP+0.0100%1h803.55+0.149%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h803.83+0.183%$1.2M$923K20xas long as short
OKX BNB-USDT-SWAPshort+0.0100%8h802.90+0.068%$55.1M$115.4M50x
Arcus BNB-USD+0.0100%1h803.90+0.193%$52K$161K10xas long as short
Gate BNB_USDT+0.0100%8h803.00+0.081%$35.9M$58.4M75xas long as short
KuCoin BNBUSDTM+0.0100%8h803.42+0.133%$28.1M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h802.74+0.048%$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%1h803.69+0.167%$118K$868K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h803.74+0.173%$388K$593K50xas long as short
Derive BNB-PERP+0.0100%1h803.80+0.180%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h804.34+0.248%$13K$1.7M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h804.10+0.218%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h803.04+0.086%$8.2M$7.4M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h804.44+0.260%$79K$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%1h802.92+0.070%$1.9M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h803.89+0.192%$386K$40K10xas long as short
Binance BNBUSDT+0.0104%8h803.72+0.171%$518.4M$803.0M75xas long as short
Phemex BNBUSDT+0.0122%8h804.15+0.224%$70.1M$51.7M50xas long as short
Phoenix BNB+0.0125%1h803.30+0.118%$173K$35K10xas long as short
SoDEX BNB-USD+0.0127%1h803.70+0.168%$395K$1.0M10xas long as short
Hyperliquid BNB+0.0147%1h803.72+0.170%$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%1h804.04+0.211%$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%1h802.90+0.067%$71K$48K12xas long as short
dYdX BNB-USD+0.0263%1h803.57+0.151%$170K$55K10xas long as short
01 Exchange BNBUSD+0.0312%1h804.66+0.287%$28K$1K10xas long as short
Reya BNBRUSDPERP+0.0334%1h803.45+0.137%$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