BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0073%/8h= −7.9% APRnext payment −$0.73 per $10,000 · paid last 24h −0.053%

Price spread now: Variational Omni against BloFin−0.102%7-day average −0.120% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.165%−$17 on $10k

Price spread, last 4 days (all we have)−0.018%−$2 · spread now −0.102%, 7d avg −0.120%

Together, before fees−0.183%+ Points / potential airdropVariational Omni: Active · farm board−$18 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.120%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin BNB-USDT	784.93	0.0173	pay 0.0173% / 8h	2h 30m	$17.6M	$2.2M	75x
Short	Variational Omni BNB	784.13	0.0100	get 0.0100% / 8h	2h 30m	$4.0M	$4.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee Variational OmnibpOrdersPrice spread, now −0.102%Rate

Funding earned: −$15.24
Price spread: −0.102% → −0.120%: $1.8
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$25.44
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 3 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 BloFin live order book, 3 min ago	0.57 bp	6.9 bp −$7	7.8 bp −$78	14.9 bp −$1,486	doesn't fit
Sell Variational Omni RFQ quote, 4 min ago	3.34 bp	doesn't fit	7.7 bp −$77	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 −0.0192% / S +0.0356%	1h	784.59	−0.043%	$46K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	785.20	+0.034%	$4K	$42	25x	as long as short
StandX BNB-USD	0.0000%	1h	785.03	+0.013%	$847K	$3.0M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0007% / S −0.0007%	1h	784.68	−0.032%	$9.5M	—	150x	as long as short
Aster BNBUSDT	+0.0029%	8h	785.33	+0.052%	$6.1M	$19.0M	200x	as long as short
Injective BNB/USDC PERP	+0.0033%	1h	805.09	+2.568%	$19K	$789K	30x	as long as short
BingX BNB-USDT	+0.0041%	8h	784.92	−0.001%	—	$22.1M	—	as long as short
Phemex BNBUSDT	+0.0050%	8h	784.86	−0.009%	$68.7M	$50.6M	50x	as long as short
MEXC BNB_USDT	+0.0052%	8h	785.70	+0.098%	$79.6M	$11.9M	200x	as long as short
Binance BNBUSDT	+0.0053%	8h	785.37	+0.056%	$488.9M	$809.4M	75x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_BNBUSD	+0.0069%	1h	784.10	−0.105%	$2.5M	$1.2M	50x	as long as short
Coinbase International BNB-PERP-INTX	+0.0080%	1h	784.32	−0.078%	$577K	$1.9M	50x	as long as short
Lighter BNB	+0.0096%	1h	784.79	−0.017%	$2.7M	$3.8M	20x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	784.36	−0.073%	$264K	$490K	50x	as long as short
Nado BNB-PERP	+0.0100%	1h	784.55	−0.048%	$1.4M	$2.7M	20x	as long as short
Hyperliquid BNB	+0.0100%	1h	785.24	+0.039%	$51.5M	$17.5M	10x	as long as short
Pacifica BNB	+0.0100%	1h	784.89	−0.005%	$1.2M	$933K	20x	as long as short
Bybit BNBUSDT	+0.0100%	8h	784.70	−0.029%	$137.9M	$74.6M	75x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	784.60	−0.042%	$53.3M	$112.2M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	784.80	−0.017%	$52K	$129K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	784.70	−0.029%	$36.3M	$58.6M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	784.48	−0.057%	$27.5M	$10.3M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	784.53	−0.051%	$76.0M	$30.9M	75x	as long as short
Backpack BNB_USDC_PERP	+0.0100%	1h	784.80	−0.017%	$2.2M	$6.1M	40x	as long as short
Variational Omni BNBshort	+0.0100%	8h	784.13	−0.102%	$4.0M	$4.8M	—
edgeX BNBUSDC	+0.0100%	4h	785.38	+0.057%	$4.1M	$75.1M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	785.10	+0.022%	$158K	$439K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	784.63	−0.038%	$131K	$954K	10x	as long as short
Derive BNB-PERP	+0.0100%	1h	784.39	−0.069%	$31K	$12K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	784.98	+0.006%	$12K	$1.5M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	784.30	−0.080%	$386K	$994K	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	784.36	−0.073%	$8.0M	$10.0M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	784.97	+0.005%	$76K	$17K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	784.19	−0.095%	$1.8M	$6.2M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	784.56	−0.047%	$377K	$110K	10x	as long as short
Phoenix BNB	+0.0107%	1h	785.73	+0.102%	$169K	$35K	10x	as long as short
dYdX BNB-USD	+0.0127%	1h	784.34	−0.075%	$159K	$61K	10x	as long as short
Kalshi KXBNBPERP	+0.0138%	8h	784.80	−0.017%	$141K	$2.7M	4.8x	as long as short
BloFin BNB-USDTlong	+0.0173%	8h	784.93	long leg	$17.6M	$2.2M	75x
GRVT BNB_USDT_Perp	+0.0205%	8h	785.51	+0.074%	$2.9M	$29.3M	10x	as long as short
01 Exchange BNBUSD	+0.0288%	1h	785.44	+0.065%	$28K	$4K	10x	as long as short
Bulk BNB-USD	+0.0298%	1h	785.69	+0.097%	$637K	$4K	10x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0300%	1h	784.64	−0.037%	$1.5M	$143K	25x	as long as short
Reya BNBRUSDPERP	+0.0323%	1h	784.56	−0.047%	$6K	$3K	40x	as long as short
RISEx BNB/USDC	+0.0432%	1h	784.99	+0.008%	$1.1M	$909K	20x	as long as short
Hibachi BNB/USDT-P	+0.0488%	1h	785.21	+0.036%	$67K	$39K	12x	as long as short