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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0048%/8h= −5.3% APRnext payment $0.48 per $10,000 · paid last 24h +0.002%
Price spread now: BingX against Variational Omni+0.145%7-day average +0.025% · you sell dearer than you buy
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 4 days (all we have)+0.044%+$4 on $10k
Price spread, last 7 days−0.093%−$9 · spread now +0.145%, 7d avg +0.025%
Together, before fees−0.049%+ Points / potential airdropVariational Omni: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BingX is 0.120% dearer against Variational Omni than usual: you sell high and buy low (spread +0.145% now, against its 7-day average of +0.025%): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni BNB785.510.0100pay 0.0100% / 8h1h 31m$4.0M$4.8M
ShortBingX BNB-USDC786.650.0052get 0.0052% / 8h1h 31m$13.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Variational Omni. 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
−$10.08
Price spread: +0.145% → +0.025%
$12.03
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
−$8.05
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; BingX: live order book, 2 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 Variational Omni RFQ quote, 3 min ago3.34 bpdoesn't fit6.8 bp −$68doesn't fitdoesn't fit
Sell BingX live order book, 2 min ago0.25 bp6.5 bp −$79.0 bp −$9023.2 bp −$2,32069.4 bp −$34.7K

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 −0.0170% / S +0.0337%1h786.30+0.100%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h787.09+0.201%$4K$4225xas long as short
StandX BNB-USD0.0000%1h787.37+0.236%$849K$2.8M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h786.38+0.110%$9.5M150xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.492%$19K$789K30xas long as short
Aster BNBUSDT+0.0050%8h786.75+0.158%$6.0M$18.8M200xas long as short
BingX BNB-USDCshort+0.0052%8h786.65+0.145%$13.4M
MEXC BNB_USDT+0.0064%8h787.40+0.240%$81.0M$12.0M200xas long as short
Binance BNBUSDT+0.0065%8h786.96+0.184%$490.3M$815.6M75xas long as short
dYdX BNB-USD+0.0075%1h786.36+0.108%$159K$62K10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex BNBUSDT+0.0076%8h786.89+0.175%$68.8M$50.9M50xas long as short
Coinbase International BNB-PERP-INTX+0.0080%1h786.21+0.089%$568K$1.9M50xas long as short
Lighter BNB+0.0096%1h786.37+0.109%$2.7M$3.8M20xas long as short
Nado BNB-PERP+0.0100%1h786.57+0.134%$1.4M$2.7M20xas long as short
Hyperliquid BNB+0.0100%1h786.72+0.154%$51.5M$17.7M10xas long as short
Pacifica BNB+0.0100%1h786.50+0.126%$1.2M$933K20xas long as short
Bybit BNBUSDT+0.0100%8h786.28+0.098%$138.4M$75.3M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h786.30+0.100%$53.5M$113.0M50xas long as short
Arcus BNB-USD+0.0100%1h786.50+0.126%$52K$129K10xas long as short
Gate BNB_USDT+0.0100%8h786.40+0.113%$37.4M$59.0M75xas long as short
KuCoin BNBUSDTM+0.0100%8h786.06+0.070%$27.6M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h786.24+0.093%$76.1M$31.2M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h786.65+0.145%$2.2M$6.1M40xas long as short
Variational Omni BNBlong+0.0100%8h785.51long leg$4.0M$4.8M
edgeX BNBUSDC+0.0100%4h786.54+0.131%$4.1M$75.9M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h786.24+0.093%$158K$437K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h786.35+0.107%$131K$949K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h786.39+0.112%$265K$470K50xas long as short
Derive BNB-PERP+0.0100%1h786.03+0.066%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h786.96+0.184%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h786.50+0.126%$387K$982K10xas long as short
HTX BNB-USDT+0.0100%8h786.13+0.079%$8.0M$10.2M75xas long as short
Paradex BNB-USD-PERP+0.0101%8h786.91+0.178%$78K$18K50xas long as short
Extended BNB-USD+0.0104%1h786.11+0.076%$1.8M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h786.39+0.111%$378K$110K10xas long as short
Kalshi KXBNBPERP+0.0134%8h787.40+0.240%$170K$2.7M4.8xas long as short
Phoenix BNB+0.0135%1h786.26+0.095%$169K$35K10xas long as short
BloFin BNB-USDT+0.0184%8h787.22+0.217%$17.7M$2.2M75xas long as short
Kraken Futures PF_BNBUSD+0.0206%1h786.34+0.105%$2.5M$1.2M50xas long as short
GRVT BNB_USDT_Perp+0.0228%8h786.80+0.164%$2.9M$29.5M10xas long as short
01 Exchange BNBUSD+0.0248%1h786.97+0.186%$28K$4K10xas long as short
Bulk BNB-USD+0.0291%1h787.29+0.227%$638K$4K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0300%1h786.81+0.165%$1.5M$144K25xas long as short
Reya BNBRUSDPERP+0.0322%1h785.98+0.059%$6K$3K40xas long as short
RISEx BNB/USDC+0.0438%1h786.73+0.154%$1.1M$915K20xas long as short
Hibachi BNB/USDT-P+0.0536%1h786.20+0.087%$67K$39K12xas long as short