Funding you earn now, next payment 21:00 UTC−0.0031%/8h= −3.4% APRpaid last 24h −0.006%
Price spread now: Variational Omni against Polymarket Perps−0.065%7-day average −0.032% · 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)−0.064%−$6 on $10k
+Price spread, last 3 days (all we have)+0.048%+$5 · spread now −0.065%, 7d avg −0.032%
=Together, before fees−0.016%+ Points / potential airdropVariational 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 0.032% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.032%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps BNB-USD | 801.68 | 0.0100 | pay 0.0013% / 1h | 43m 50s | $120K | $877K | 10x |
| Short | Variational Omni BNB | 801.16 | 0.0069 | get 0.0069% / 8h | 3h 43m | $4.1M | $5.5M | — |
Polymarket Perps BNB-USD
Variational Omni BNBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Polymarket Perps. 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
- −$6.51
- Price spread: −0.065% → −0.032%
- −$3.24
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$17.75
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Polymarket Perps: live order book, 4 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 Polymarket Perps live order book, 4 min ago | 2.56 bp | 6.7 bp −$7 | 7.5 bp −$75 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 3.33 bp | doesn't fit | 7.0 bp −$70 | 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 −0.0195% / S +0.0371% | 1h | 801.65 | −0.004% | $48K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 802.21 | +0.066% | $4K | $1K | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 801.95 | +0.033% | $3.0M | $29.9M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 802.30 | +0.077% | $112K | $2.7M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 801.70 | +0.002% | $867K | $3.0M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0008% | 1h | 801.73 | +0.007% | $9.7M | — | 150x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0064% | 1h | 800.07 | −0.201% | $601K | $896K | 50x | as long as short |
| Variational Omni BNBshort | +0.0069% | 8h | 801.16 | −0.065% | $4.1M | $5.5M | — | |
| BingX BNB-USDT | +0.0075% | 8h | 801.72 | +0.005% | — | $33.8M | — | as long as short |
| Aster BNBUSDT | +0.0090% | 8h | 802.18 | +0.062% | $6.3M | $18.9M | 200x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Coinbase International BNB-PERP-INTX
BingX BNB-USDT
Aster BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNBUSDT | +0.0094% | 8h | 802.28 | +0.075% | $517.2M | $802.5M | 75x | as long as short |
| MEXC BNB_USDT | +0.0094% | 8h | 802.90 | +0.152% | $84.4M | $14.8M | 200x | as long as short |
| Lighter BNB | +0.0096% | 1h | 801.89 | +0.027% | $2.8M | $4.2M | 20x | as long as short |
| Phemex BNBUSDT | +0.0097% | 8h | 802.18 | +0.062% | $70.1M | $51.2M | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 801.47 | −0.026% | $1.4M | $2.8M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 802.10 | +0.052% | $1.2M | $915K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 801.39 | −0.036% | $138.6M | $85.1M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 801.50 | −0.022% | $55.0M | $116.1M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 802.00 | +0.040% | $52K | $222K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 801.40 | −0.035% | $36.0M | $58.0M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 801.46 | −0.027% | $28.1M | $10.4M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 801.28 | −0.050% | $78.6M | $24.4M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 802.14 | +0.057% | $4.2M | $76.4M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 801.86 | +0.022% | $158K | $438K | 50x | as long as short |
| Polymarket Perps BNB-USDlong | +0.0100% | 1h | 801.68 | long leg | $120K | $877K | 10x | |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 801.43 | −0.031% | $387K | $601K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 801.59 | −0.011% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 802.34 | +0.082% | $13K | $1.7M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 801.60 | −0.010% | $394K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 801.58 | −0.013% | $8.2M | $7.1M | 75x | as long as short |
| Bulk BNB-USD | +0.0100% | 1h | 800.65 | −0.129% | $649K | $8K | 10x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 802.37 | +0.086% | $78K | $19K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 801.30 | −0.048% | $1.9M | $6.4M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 801.64 | −0.004% | $385K | $40K | 10x | as long as short |
| Phoenix BNB | +0.0110% | 1h | 801.16 | −0.065% | $172K | $35K | 10x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0132% | 1h | 801.50 | −0.023% | $2.5M | $911K | 50x | as long as short |
| RISEx BNB/USDC | +0.0143% | 1h | 802.01 | +0.041% | $1.1M | $1.4M | 20x | as long as short |
| Hyperliquid BNB | +0.0156% | 1h | 802.23 | +0.069% | $51.4M | $21.5M | 10x | as long as short |
| Injective BNB/USDC PERP | +0.0157% | 1h | 800.33 | −0.168% | $19K | $423K | 30x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0200% | 1h | 802.02 | +0.043% | $1.6M | $160K | 25x | as long as short |
| BloFin BNB-USDT | +0.0214% | 8h | 802.57 | +0.111% | $18.8M | $3.0M | 75x | as long as short |
| Hibachi BNB/USDT-P | +0.0248% | 1h | 801.87 | +0.024% | $70K | $47K | 12x | as long as short |
| 01 Exchange BNBUSD | +0.0280% | 1h | 802.53 | +0.106% | $28K | $1K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0336% | 1h | 801.40 | −0.035% | $9K | — | 40x | as long as short |
| dYdX BNB-USD | +0.0360% | 1h | 801.76 | +0.010% | $170K | $55K | 10x | as long as short |
| Backpack BNB_USDC_PERP | +0.0603% | 1h | 802.46 | +0.097% | $3.0M | $5.3M | 40x | as long as short |
Binance BNBUSDT
MEXC BNB_USDT
Lighter BNB
Phemex BNBUSDT
Nado BNB-PERP
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Bulk BNB-USD
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
Kraken Futures PF_BNBUSD
RISEx BNB/USDC
Hyperliquid BNB
Injective BNB/USDC PERP
Deribit BNB_USDC-PERPETUAL
BloFin BNB-USDT
Hibachi BNB/USDT-P
01 Exchange BNBUSD
Reya BNBRUSDPERP
dYdX BNB-USD
Backpack BNB_USDC_PERP