Funding you earn now, next payment 04:00 UTC−0.0027%/8h= −2.9% APRpaid last 24h −0.112%
Price spread now: Variational Omni against dYdX−0.069%7-day average −0.023% · 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)−0.440%−$44 on $10k
+Price spread, last 4 days (all we have)−0.110%−$11 · spread now −0.069%, 7d avg −0.023%
=Together, before fees−0.550%+ Points / potential airdropVariational Omni: Active · farm board−$55 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 0.046% cheaper against dYdX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.023%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX BNB-USD | 789.35 | 0.0127 | pay 0.0016% / 1h | 20m 18s | $160K | $64K | 10x |
| Short | Variational Omni BNB | 788.80 | 0.0100 | get 0.0100% / 8h | 4h 20m | $4.1M | $4.6M | — |
dYdX BNB-USD
Variational Omni BNBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against dYdX. 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
- −$5.57
- Price spread: −0.069% → −0.023%
- −$4.61
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$20.19
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: dYdX: live order book, 39 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 dYdX live order book, 39 min ago | 11.42 bp | 16.4 bp −$16 | 25.9 bp −$259 | 30.9 bp −$3,091 | 143.4 bp −$71.7K |
| Sell Variational Omni RFQ quote, 4 min ago | 3.34 bp | doesn't fit | 6.8 bp −$68 | 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 −0.0187% / S +0.0352% | 1h | 789.22 | −0.017% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 789.52 | +0.022% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 789.55 | +0.025% | $851K | $3.2M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 789.23 | −0.016% | $9.5M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +1.994% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDT | +0.0039% | 8h | 789.76 | +0.052% | $6.1M | $18.7M | 200x | as long as short |
| BingX BNB-USDT | +0.0051% | 8h | 789.35 | 0.000% | — | $34.4M | — | as long as short |
| Phemex BNBUSDT | +0.0059% | 8h | 789.81 | +0.058% | $69.1M | $50.0M | 50x | as long as short |
| Binance BNBUSDT | +0.0063% | 8h | 789.76 | +0.051% | $492.8M | $789.9M | 75x | as long as short |
| MEXC BNB_USDT | +0.0063% | 8h | 790.00 | +0.082% | $80.2M | $12.4M | 200x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
Aster BNBUSDT
BingX BNB-USDT
Phemex BNBUSDT
Binance BNBUSDT
MEXC BNB_USDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BNB-PERP-INTX | +0.0064% | 1h | 789.45 | +0.013% | $582K | $1.9M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 789.36 | +0.001% | $2.7M | $3.8M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 789.22 | −0.016% | $265K | $492K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 789.15 | −0.025% | $1.5M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 789.77 | +0.053% | $51.8M | $17.5M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 789.67 | +0.040% | $1.2M | $931K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 789.07 | −0.035% | $138.8M | $74.6M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 789.00 | −0.044% | $53.4M | $111.2M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 789.60 | +0.032% | $52K | $130K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 789.20 | −0.019% | $35.5M | $57.4M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 789.15 | −0.025% | $28.1M | $10.4M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 788.88 | −0.060% | $76.3M | $30.1M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 789.57 | +0.028% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNBshort | +0.0100% | 8h | 788.80 | −0.069% | $4.1M | $4.6M | — | |
| edgeX BNBUSDC | +0.0100% | 4h | 789.71 | +0.045% | $4.1M | $73.3M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 790.13 | +0.099% | $159K | $440K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 789.00 | −0.044% | $133K | $950K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 789.34 | −0.001% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 789.67 | +0.040% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 789.40 | +0.006% | $388K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 789.05 | −0.039% | $8.1M | $9.5M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0101% | 8h | 790.10 | +0.095% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 788.84 | −0.064% | $1.8M | $5.9M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 789.30 | −0.006% | $379K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0117% | 1h | 789.49 | +0.018% | $170K | $35K | 10x | as long as short |
| dYdX BNB-USDlong | +0.0127% | 1h | 789.35 | long leg | $160K | $64K | 10x | |
| GRVT BNB_USDT_Perp | +0.0148% | 8h | 789.97 | +0.078% | $2.9M | $28.6M | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0176% | 8h | 790.00 | +0.082% | $125K | $2.7M | 4.8x | as long as short |
| BloFin BNB-USDT | +0.0183% | 8h | 789.68 | +0.042% | $18.1M | $2.2M | 75x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 789.65 | +0.038% | $1.5M | $143K | 25x | as long as short |
| Bulk BNB-USD | +0.0222% | 1h | 790.13 | +0.099% | $640K | $9K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0232% | 1h | 789.82 | +0.060% | $28K | $4K | 10x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0263% | 1h | 789.10 | −0.031% | $2.5M | $1.2M | 50x | as long as short |
| Reya BNBRUSDPERP | +0.0326% | 1h | 788.89 | −0.058% | $6K | $3K | 40x | as long as short |
| Hibachi BNB/USDT-P | +0.0408% | 1h | 789.50 | +0.020% | $67K | $38K | 12x | as long as short |
| RISEx BNB/USDC | +0.0461% | 1h | 789.70 | +0.044% | $1.1M | $967K | 20x | as long as short |
Coinbase International BNB-PERP-INTX
Lighter BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
BloFin BNB-USDT
Deribit BNB_USDC-PERPETUAL
Bulk BNB-USD
01 Exchange BNBUSD
Kraken Futures PF_BNBUSD
Reya BNBRUSDPERP
Hibachi BNB/USDT-P
RISEx BNB/USDC