Funding you earn now, next payment 08:00 UTC−0.0042%/8h= −4.6% APRnext payment −$0.42 per $10,000 · paid last 24h −0.016%
Price spread now: Variational Omni against Aster−0.154%7-day average −0.120% · 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)−0.055%−$5 on $10k
+Price spread, last 7 days+0.040%+$4 · spread now −0.154%, 7d avg −0.120%
=Together, before fees−0.015%+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.034% cheaper against Aster than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.120%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster BNBUSDT | 799.15 | 0.0049 | pay 0.0049% / 8h | 7h 09m | $6.1M | $19.4M | 200x |
| Short | Variational Omni BNB | 797.92 | 0.0008 | get 0.0008% / 8h | 7h 09m | $4.1M | $5.1M | — |
Aster BNBUSDT
Variational Omni BNBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Aster. 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
- −$8.77
- Price spread: −0.154% → −0.120%
- −$3.43
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$20.2
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Aster: live order book, 4 min ago; Variational Omni: RFQ quote, 4 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 Aster live order book, 4 min ago | 0.38 bp | 4.4 bp −$4 | 5.1 bp −$51 | 17.6 bp −$1,762 | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 3.33 bp | doesn't fit | 6.4 bp −$64 | doesn't fit | 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 −0.0159% / S +0.0335% | 1h | 798.71 | −0.055% | $47K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0121% | 1h | 798.26 | −0.112% | $2.5M | $1.0M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 799.13 | −0.002% | $4K | $239 | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 799.74 | +0.074% | $3.0M | $27.9M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 799.03 | −0.015% | $863K | $2.9M | 30x | as long as short |
| Phemex BNBUSDT | +0.0002% | 8h | 798.97 | −0.022% | $69.8M | $50.1M | 50x | as long as short |
| Gate BNB_USDT | +0.0007% | 8h | 798.35 | −0.100% | $35.9M | $57.0M | 75x | as long as short |
| Variational Omni BNBshort | +0.0008% | 8h | 797.92 | −0.154% | $4.1M | $5.1M | — | |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 798.72 | −0.054% | $9.7M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +0.743% | $19K | $789K | 30x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Hotstuff BNB-PERP
GRVT BNB_USDT_Perp
StandX BNB-USD
Phemex BNBUSDT
Gate BNB_USDT
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERPShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BNB-USDT | +0.0035% | 8h | 798.71 | −0.055% | — | $35.0M | — | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0048% | 1h | 799.07 | −0.010% | $615K | $1.1M | 50x | as long as short |
| Aster BNBUSDTlong | +0.0049% | 8h | 799.15 | long leg | $6.1M | $19.4M | 200x | |
| Bybit BNBUSDT | +0.0072% | 8h | 798.47 | −0.085% | $138.6M | $76.0M | 75x | as long as short |
| MEXC BNB_USDT | +0.0072% | 8h | 799.40 | +0.031% | $83.1M | $13.7M | 200x | as long as short |
| Binance BNBUSDT | +0.0072% | 8h | 799.21 | +0.008% | $496.4M | $808.4M | 75x | as long as short |
| Lighter BNB | +0.0096% | 1h | 798.84 | −0.039% | $2.8M | $4.0M | 20x | as long as short |
| Phoenix BNB | +0.0099% | 1h | 800.04 | +0.111% | $172K | $36K | 10x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 798.50 | −0.081% | $1.5M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 799.06 | −0.011% | $1.2M | $937K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 798.40 | −0.094% | $54.2M | $110.7M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 799.10 | −0.006% | $53K | $127K | 10x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 798.44 | −0.089% | $27.9M | $10.0M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 798.21 | −0.118% | $78.2M | $28.0M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 799.52 | +0.047% | $4.2M | $76.9M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 799.37 | +0.028% | $161K | $435K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 798.64 | −0.064% | $113K | $884K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 798.61 | −0.068% | $386K | $459K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 798.74 | −0.052% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 799.36 | +0.026% | $13K | $1.6M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 798.50 | −0.081% | $393K | $996K | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 798.40 | −0.094% | $8.2M | $8.3M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 799.43 | +0.035% | $78K | $18K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 798.27 | −0.110% | $1.8M | $6.0M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 798.57 | −0.072% | $384K | $110K | 10x | as long as short |
| Bulk BNB-USD | +0.0138% | 1h | 797.80 | −0.169% | $648K | $10K | 10x | as long as short |
| RISEx BNB/USDC | +0.0155% | 1h | 798.80 | −0.044% | $1.1M | $1.4M | 20x | as long as short |
| Kalshi KXBNBPERP | +0.0162% | 8h | 798.60 | −0.069% | $90K | $2.8M | 4.8x | as long as short |
| dYdX BNB-USD | +0.0191% | 1h | 798.50 | −0.081% | $161K | $63K | 10x | as long as short |
| BloFin BNB-USDT | +0.0193% | 8h | 798.69 | −0.058% | $18.1M | $2.5M | 75x | as long as short |
| 01 Exchange BNBUSD | +0.0200% | 1h | 799.32 | +0.021% | $28K | $1K | 10x | as long as short |
| Hyperliquid BNB | +0.0288% | 1h | 799.41 | +0.033% | $53.1M | $20.1M | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 799.04 | −0.013% | $1.6M | $161K | 25x | as long as short |
| Hibachi BNB/USDT-P | +0.0320% | 1h | 799.02 | −0.016% | $68K | $38K | 12x | as long as short |
| Reya BNBRUSDPERP | +0.0330% | 1h | 798.46 | −0.086% | $6K | $3K | 40x | as long as short |
| Backpack BNB_USDC_PERP | +0.0430% | 1h | 799.38 | +0.029% | $2.7M | $5.7M | 40x | as long as short |
BingX BNB-USDT
Coinbase International BNB-PERP-INTX
Bybit BNBUSDT
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
RISEx BNB/USDC
Kalshi KXBNBPERP
dYdX BNB-USD
BloFin BNB-USDT
01 Exchange BNBUSD
Hyperliquid BNB
Deribit BNB_USDC-PERPETUAL
Hibachi BNB/USDT-P
Reya BNBRUSDPERP
Backpack BNB_USDC_PERP