Funding you earn now, next payment 01:00 UTC−0.0210%/8h= −23.0% APRpaid last 24h −0.078%
Price spread now: Variational Omni against 01 Exchange−0.304%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Variational Omni is 0.304% cheaper against 01 Exchange than usual: you would sell low and buy high (−$30 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange BNBUSD | 800.16 | 0.0216 | pay 0.0027% / 1h | 43m 10s | $28K | $1K | 10x |
| Short | Variational Omni BNB | 797.73 | 0.0006 | get 0.0006% / 8h | 7h 43m | $4.1M | $5.4M | — |
01 Exchange BNBUSD
Variational Omni BNBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against 01 Exchange. 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
- −$44.1
- Price spread: −0.304% → 0.000%
- −$30.41
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$81.52
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Variational Omni: RFQ quote, 1 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 1 min ago | 3.33 bp | doesn't fit | 6.6 bp −$66 | doesn't fit | doesn't fit |
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 −0.0201% / S +0.0372% | 1h | 799.52 | −0.080% | $47K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0120% | 1h | 799.42 | −0.093% | $2.5M | $980K | 50x | as long as short |
| Bybit BNBUSDT | −0.0085% | 8h | 799.20 | −0.120% | $138.8M | $76.7M | 75x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 799.61 | −0.069% | $4K | $239 | 25x | as long as short |
| BingX BNB-USDT | −0.0049% | 8h | 799.52 | −0.080% | — | $35.2M | — | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 799.28 | −0.110% | $3.0M | $27.9M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 799.52 | −0.080% | $864K | $2.9M | 30x | as long as short |
| Phemex BNBUSDT | 0.0000% | 8h | 800.05 | −0.014% | $69.9M | $50.5M | 50x | as long as short |
| Variational Omni BNBshort | +0.0006% | 8h | 797.73 | −0.304% | $4.1M | $5.4M | — | |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 799.45 | −0.089% | $9.7M | — | 150x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Bybit BNBUSDT
Hotstuff BNB-PERP
BingX BNB-USDT
GRVT BNB_USDT_Perp
StandX BNB-USD
Phemex BNBUSDT
gTrade (Gains Network) BNB/USDShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +0.616% | $19K | $789K | 30x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0048% | 1h | 798.00 | −0.270% | $601K | $979K | 50x | as long as short |
| Aster BNBUSDT | +0.0069% | 8h | 800.07 | −0.011% | $6.2M | $19.2M | 200x | as long as short |
| Gate BNB_USDT | +0.0088% | 8h | 799.30 | −0.107% | $35.8M | $56.0M | 75x | as long as short |
| MEXC BNB_USDT | +0.0089% | 8h | 800.40 | +0.030% | $83.2M | $13.5M | 200x | as long as short |
| Binance BNBUSDT | +0.0090% | 8h | 800.04 | −0.015% | $497.0M | $812.0M | 75x | as long as short |
| Lighter BNB | +0.0096% | 1h | 799.77 | −0.049% | $2.8M | $4.0M | 20x | as long as short |
| Phoenix BNB | +0.0099% | 1h | 798.69 | −0.184% | $172K | $36K | 10x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 799.01 | −0.143% | $1.5M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 799.39 | −0.096% | $1.2M | $925K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 799.30 | −0.107% | $54.2M | $111.2M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 799.80 | −0.045% | $53K | $133K | 10x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 799.40 | −0.095% | $28.0M | $10.1M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 799.19 | −0.121% | $78.8M | $27.5M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 799.08 | −0.135% | $4.2M | $76.5M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 799.20 | −0.120% | $161K | $435K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 799.41 | −0.094% | $118K | $871K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 799.53 | −0.079% | $386K | $459K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 799.64 | −0.065% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 800.08 | −0.010% | $13K | $1.7M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 799.60 | −0.070% | $393K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 799.09 | −0.133% | $8.2M | $8.1M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 800.20 | +0.005% | $78K | $18K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 799.06 | −0.138% | $1.8M | $6.5M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 799.55 | −0.076% | $384K | $108K | 10x | as long as short |
| Bulk BNB-USD | +0.0118% | 1h | 798.39 | −0.221% | $648K | $11K | 10x | as long as short |
| Hibachi BNB/USDT-P | +0.0136% | 1h | 798.91 | −0.156% | $70K | $34K | 12x | as long as short |
| RISEx BNB/USDC | +0.0155% | 1h | 799.60 | −0.069% | $1.1M | $1.4M | 20x | as long as short |
| Kalshi KXBNBPERP | +0.0159% | 8h | 799.70 | −0.057% | $90K | $2.8M | 4.8x | as long as short |
| BloFin BNB-USDT | +0.0210% | 8h | 800.10 | −0.007% | $18.1M | $2.5M | 75x | as long as short |
| 01 Exchange BNBUSDlong | +0.0216% | 1h | 800.16 | long leg | $28K | $1K | 10x | |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 800.01 | −0.019% | $1.6M | $160K | 25x | as long as short |
| dYdX BNB-USD | +0.0307% | 1h | 798.68 | −0.185% | $161K | $63K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0330% | 1h | 799.08 | −0.135% | $6K | $3K | 40x | as long as short |
| Hyperliquid BNB | +0.0333% | 1h | 800.27 | +0.014% | $53.2M | $20.9M | 10x | as long as short |
| Backpack BNB_USDC_PERP | +0.0398% | 1h | 799.30 | −0.107% | $2.7M | $5.7M | 40x | as long as short |
Injective BNB/USDC PERP
Coinbase International BNB-PERP-INTX
Aster BNBUSDT
Gate BNB_USDT
MEXC BNB_USDT
Binance BNBUSDT
Lighter BNB
Phoenix BNB
Nado BNB-PERP
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Bulk BNB-USD
Hibachi BNB/USDT-P
RISEx BNB/USDC
Kalshi KXBNBPERP
BloFin BNB-USDT
Deribit BNB_USDC-PERPETUAL
dYdX BNB-USD
Reya BNBRUSDPERP
Hyperliquid BNB
Backpack BNB_USDC_PERP