Settings8H · net · $10k
Funding arb · Price arb /

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0012%/8h= +1.3% APRpaid last 24h +0.024%
Price spread now: Variational Omni against StandX−0.157%7-day average −0.123% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.031%+$3 on $10k
Price spread, last 7 days+0.010%+$1 · spread now −0.157%, 7d avg −0.123%
Together, before fees+0.040%+ Points / potential airdropStandX: Active · Variational Omni: Active · farm board+$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.034% cheaper against StandX than usual: you would sell low and buy high (spread −0.157% now, against its 7-day average of −0.123%). If the spread goes back, that is −$3 on $10k: about 9.7 days of funding at the current rate ($0 a day). At the pace of the last 3 days (+0.031% in total) that is about 3.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX BNB-USD799.300get 0.0000% / 1h20m 33s$864K$2.9M30x
ShortVariational Omni BNB798.040.0012get 0.0012% / 8h20m 33s$4.1M$5.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against StandX. 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

Funding earned
$2.48
Price spread: −0.157% → −0.123%
−$3.42
Slippage, 4 orders
no order book: not counted
Fee StandX: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$8.94
Costs to cover
0.080%
Break-even
32.3 days
Slippage unknown: StandX: 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
LegHalf-spread$10k$100k$1M$5M
Buy StandX live order book, 3 min ago5.63 bp10.1 bp −$1013.2 bp −$132doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 4 min ago3.33 bpdoesn't fit7.6 bp −$76doesn't fitdoesn't fit

BNB on 46 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0201% / S +0.0372%1h798.40−0.112%$47K200xas long as short
Hotstuff BNB-PERP−0.0080%1h798.89−0.051%$4K$1K25xas long as short
Kraken Futures PF_BNBUSD−0.0074%1h798.12−0.148%$2.5M$972K50xas long as short
GRVT BNB_USDT_Perp0.0000%8h798.68−0.077%$3.0M$27.9M10xas long as short
StandX BNB-USDlong0.0000%1h799.30long leg$864K$2.9M30x
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h798.41−0.112%$9.7M150xas long as short
Variational Omni BNBshort+0.0012%8h798.04−0.157%$4.1M$5.4M
BingX BNB-USDC+0.0035%8h798.44−0.108%$13.3Mas long as short
Bybit BNBUSDT+0.0042%8h798.20−0.138%$138.5M$77.0M75xas long as short
Coinbase International BNB-PERP-INTX+0.0072%1h799.89+0.074%$606K$985K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BNBUSDT+0.0089%8h799.06−0.029%$6.2M$19.1M200xas long as short
Lighter BNB+0.0096%1h798.81−0.061%$2.8M$4.1M20xas long as short
Nado BNB-PERP+0.0100%1h798.26−0.130%$1.4M$2.7M20xas long as short
Pacifica BNB+0.0100%1h798.70−0.076%$1.2M$926K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h798.20−0.138%$54.3M$112.8M50xas long as short
Arcus BNB-USD+0.0100%1h798.70−0.075%$53K$133K10xas long as short
Gate BNB_USDT+0.0100%8h798.25−0.131%$35.8M$58.3M75xas long as short
KuCoin BNBUSDTM+0.0100%8h798.44−0.108%$28.0M$10.3M75xas long as short
Bitget BNBUSDT+0.0100%8h798.56−0.093%$79.1M$27.5M75xas long as short
edgeX BNBUSDC+0.0100%4h798.50−0.100%$4.1M$76.5M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h799.21−0.011%$161K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h798.40−0.113%$116K$875K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h798.26−0.130%$386K$497K50xas long as short
Derive BNB-PERP+0.0100%1h798.37−0.116%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h799.16−0.018%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h798.40−0.113%$393K$1.0M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h798.63−0.084%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h798.55−0.094%$8.2M$8.0M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h798.95−0.044%$78K$19K50xas long as short
Extended BNB-USD+0.0104%1h798.12−0.148%$1.8M$6.5M50xas long as short
Aevo BNB-PERP+0.0104%1h798.26−0.130%$383K$40K10xas long as short
MEXC BNB_USDT+0.0109%8h799.300.000%$83.0M$13.6M200xas long as short
Binance BNBUSDT+0.0109%8h799.08−0.028%$498.0M$818.3M75xas long as short
Phemex BNBUSDT+0.0109%8h798.92−0.048%$69.8M$50.6M50xas long as short
Phoenix BNB+0.0127%1h798.57−0.091%$172K$36K10xas long as short
Kalshi KXBNBPERP+0.0133%8h799.00−0.038%$89K$2.9M4.8xas long as short
Hibachi BNB/USDT-P+0.0176%1h799.08−0.027%$70K$43K12xas long as short
Hyperliquid BNB+0.0214%1h799.42+0.015%$52.4M$21.2M10xas long as short
BloFin BNB-USDT+0.0229%8h798.85−0.056%$18.2M$2.5M75xas long as short
Bulk BNB-USD+0.0239%1h800.03+0.092%$650K$19K10xas long as short
RISEx BNB/USDC+0.0258%1h798.60−0.087%$1.1M$1.4M20xas long as short
01 Exchange BNBUSD+0.0288%1h799.14−0.020%$28K$1K10xas long as short
Injective BNB/USDC PERP+0.0306%1h805.09+0.724%$19K$789K30xas long as short
Reya BNBRUSDPERP+0.0331%1h798.12−0.147%$6K$3K40xas long as short
dYdX BNB-USD+0.0357%1h798.70−0.076%$161K$62K10xas long as short
Backpack BNB_USDC_PERP+0.0391%1h799.21−0.011%$2.7M$5.7M40xas long as short