Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.015%
Price spread now: Variational Omni against edgeX−0.059%89s7-day average −0.084% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.074%−$7 on $10k
+Price spread, last 7 days−0.033%−$3 · spread now −0.059%, 7d avg −0.084%
=Together, before fees−0.106%+ Points / potential airdropedgeX: Active · Variational Omni: Active · farm board−$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.026% dearer against edgeX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.084%. The two prices were read 89 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX BNBUSDC | 788.67 | 0.0100 | pay 0.0050% / 4h | 3h 28m | $4.1M | $73.9M | 30x |
| Short | Variational Omni BNB | 788.21 | 0.0100 | get 0.0100% / 8h | 3h 28m | $4.1M | $4.8M | — |
edgeX BNBUSDC
Variational Omni BNBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against edgeX. 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
- $0
- Price spread: −0.059% → −0.084%
- $2.58
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$6.42
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 1 min ago; 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 edgeX live order book, 1 min ago | 2.54 bp | 7.0 bp −$7 | 7.0 bp −$70 | 10.9 bp −$1,091 | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 3.34 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 −0.0192% / S +0.0356% | 1h | 787.83 | −0.107% | $46K | — | 200x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0124% | 1h | 787.78 | −0.113% | $2.5M | $1.2M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 788.28 | −0.050% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 788.72 | +0.006% | $851K | $3.1M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 787.80 | −0.111% | $9.5M | — | 150x | as long as short |
| Aster BNBUSDT | +0.0027% | 8h | 788.41 | −0.033% | $6.1M | $18.7M | 200x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.082% | $19K | $789K | 30x | as long as short |
| BingX BNB-USDC | +0.0040% | 8h | 788.10 | −0.073% | — | $13.4M | — | as long as short |
| MEXC BNB_USDT | +0.0046% | 8h | 788.80 | +0.016% | $80.0M | $12.0M | 200x | as long as short |
| Binance BNBUSDT | +0.0047% | 8h | 788.37 | −0.038% | $491.7M | $798.5M | 75x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Kraken Futures PF_BNBUSD
Hotstuff BNB-PERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Aster BNBUSDT
Injective BNB/USDC PERP
BingX BNB-USDC
MEXC BNB_USDT
Binance BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex BNBUSDT | +0.0050% | 8h | 788.37 | −0.038% | $69.0M | $50.6M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0072% | 1h | 790.26 | +0.201% | $580K | $1.9M | 50x | as long as short |
| Phoenix BNB | +0.0092% | 1h | 788.66 | −0.002% | $169K | $35K | 10x | as long as short |
| dYdX BNB-USD | +0.0096% | 1h | 788.56 | −0.015% | $160K | $64K | 10x | as long as short |
| Lighter BNB | +0.0096% | 1h | 788.02 | −0.083% | $2.7M | $3.8M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 787.85 | −0.104% | $265K | $492K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 787.90 | −0.098% | $1.5M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 788.48 | −0.025% | $51.7M | $17.5M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 788.28 | −0.050% | $1.2M | $933K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 787.77 | −0.115% | $138.6M | $73.8M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 787.60 | −0.136% | $53.5M | $111.6M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 788.30 | −0.047% | $52K | $133K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 787.85 | −0.104% | $35.9M | $57.6M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 787.55 | −0.142% | $27.6M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 787.71 | −0.122% | $76.3M | $30.5M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 788.19 | −0.061% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNBshort | +0.0100% | 8h | 788.21 | −0.059% | $4.1M | $4.8M | — | |
| edgeX BNBUSDClong | +0.0100% | 4h | 788.67 | long leg | $4.1M | $73.9M | 30x | |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 788.63 | −0.006% | $159K | $442K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 787.84 | −0.106% | $130K | $951K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 787.95 | −0.092% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 788.53 | −0.018% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 788.00 | −0.085% | $387K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 788.16 | −0.065% | $8.1M | $9.6M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 788.34 | −0.042% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 787.47 | −0.152% | $1.9M | $6.3M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 787.84 | −0.105% | $378K | $110K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0125% | 8h | 788.50 | −0.022% | $126K | $2.7M | 4.8x | as long as short |
| BloFin BNB-USDT | +0.0167% | 8h | 788.56 | −0.014% | $18.1M | $2.2M | 75x | as long as short |
| GRVT BNB_USDT_Perp | +0.0174% | 8h | 789.03 | +0.046% | $2.9M | $28.7M | 10x | as long as short |
| Bulk BNB-USD | +0.0219% | 1h | 788.52 | −0.019% | $639K | $9K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0240% | 1h | 788.32 | −0.045% | $28K | $4K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 788.28 | −0.050% | $1.5M | $143K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0325% | 1h | 787.64 | −0.132% | $6K | $3K | 40x | as long as short |
| Hibachi BNB/USDT-P | +0.0416% | 1h | 788.23 | −0.056% | $67K | $39K | 12x | as long as short |
| RISEx BNB/USDC | +0.0431% | 1h | 788.38 | −0.038% | $1.1M | $893K | 20x | as long as short |
Phemex BNBUSDT
Coinbase International BNB-PERP-INTX
Phoenix BNB
dYdX BNB-USD
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
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
Kalshi KXBNBPERP
BloFin BNB-USDT
GRVT BNB_USDT_Perp
Bulk BNB-USD
01 Exchange BNBUSD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
Hibachi BNB/USDT-P
RISEx BNB/USDC