Funding you earn now, next payment 00:00 UTC+0.0029%/8h= +3.2% APRnext payment +$0.29 per $10,000 · paid last 24h +0.003%
Price spread now: Bybit against Variational Omni+0.146%7-day average +0.004% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.017%+$2 on $10k
+Price spread, last 7 days−0.131%−$13 · spread now +0.146%, 7d avg +0.004%
=Together, before fees−0.114%+ Points / potential airdropVariational Omni: Active · farm board−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.142% dearer against Variational Omni than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni BNB | 805.22 | 0.0048 | pay 0.0048% / 8h | 2h 21m | $4.0M | $5.4M | — |
| Short | Bybit BNBUSDT | 806.40 | 0.0077 | get 0.0077% / 8h | 2h 21m | $139.9M | $82.5M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $6.09
- Price spread: +0.146% → +0.004%
- $14.2
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $9.29
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Bybit: live order book, 3 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 Variational Omni RFQ quote, 3 min ago | 3.33 bp | doesn't fit | 7.0 bp −$70 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 0.62 bp | 6.1 bp −$6 | 8.3 bp −$83 | 26.5 bp −$2,653 | 158.6 bp −$79.3K |
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 | 806.17 | +0.118% | $49K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 806.58 | +0.169% | $4K | $1K | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 806.55 | +0.165% | $3.0M | $29.4M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 806.90 | +0.208% | $114K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 806.16 | +0.117% | $871K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 806.18 | +0.119% | $9.8M | — | 150x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0038% | 1h | 806.28 | +0.131% | $2.5M | $908K | 50x | as long as short |
| Variational Omni BNBlong | +0.0048% | 8h | 805.22 | long leg | $4.0M | $5.4M | — | |
| BingX BNB-USDT | +0.0054% | 8h | 806.92 | +0.211% | — | $34.5M | — | as long as short |
| Bybit BNBUSDTshort | +0.0077% | 8h | 806.40 | +0.146% | $139.9M | $82.5M | 75x |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BNB-PERP-INTX | +0.0088% | 1h | 804.80 | −0.052% | $609K | $879K | 50x | as long as short |
| Aster BNBUSDT | +0.0096% | 8h | 806.97 | +0.217% | $6.4M | $18.8M | 200x | as long as short |
| Lighter BNB | +0.0096% | 1h | 806.51 | +0.159% | $2.8M | $4.2M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 806.12 | +0.112% | $1.4M | $2.8M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 806.66 | +0.179% | $1.2M | $923K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 806.70 | +0.184% | $55.3M | $116.1M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 806.90 | +0.208% | $53K | $170K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 806.15 | +0.115% | $36.1M | $58.8M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 806.61 | +0.172% | $28.2M | $10.5M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 806.33 | +0.138% | $79.3M | $24.6M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 806.75 | +0.190% | $4.2M | $76.9M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 806.35 | +0.140% | $159K | $438K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 806.19 | +0.120% | $119K | $868K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 806.23 | +0.125% | $390K | $593K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 806.45 | +0.153% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 806.74 | +0.188% | $13K | $1.7M | 50x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 806.74 | +0.189% | $1.6M | $165K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 806.11 | +0.110% | $8.2M | $7.5M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 807.10 | +0.233% | $79K | $19K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 806.40 | +0.147% | $1.9M | $6.1M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 806.33 | +0.138% | $387K | $40K | 10x | as long as short |
| MEXC BNB_USDT | +0.0111% | 8h | 807.80 | +0.320% | $84.8M | $13.6M | 200x | as long as short |
| Binance BNBUSDT | +0.0113% | 8h | 807.42 | +0.273% | $521.4M | $805.2M | 75x | as long as short |
| Phemex BNBUSDT | +0.0123% | 8h | 806.85 | +0.202% | $70.4M | $51.8M | 50x | as long as short |
| Phoenix BNB | +0.0125% | 1h | 806.38 | +0.144% | $173K | $35K | 10x | as long as short |
| Hyperliquid BNB | +0.0187% | 1h | 807.53 | +0.287% | $52.0M | $21.4M | 10x | as long as short |
| SoDEX BNB-USD | +0.0206% | 1h | 806.30 | +0.134% | $396K | $1.0M | 10x | as long as short |
| RISEx BNB/USDC | +0.0209% | 1h | 806.60 | +0.171% | $1.2M | $1.5M | 20x | as long as short |
| Bulk BNB-USD | +0.0217% | 1h | 806.94 | +0.214% | $652K | $11K | 10x | as long as short |
| BloFin BNB-USDT | +0.0233% | 8h | 806.96 | +0.216% | $18.8M | $3.1M | 75x | as long as short |
| Hibachi BNB/USDT-P | +0.0240% | 1h | 806.21 | +0.122% | $71K | $48K | 12x | as long as short |
| dYdX BNB-USD | +0.0251% | 1h | 806.37 | +0.143% | $171K | $55K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0334% | 1h | 805.80 | +0.071% | $6K | $3K | 40x | as long as short |
| 01 Exchange BNBUSD | +0.0344% | 1h | 807.24 | +0.251% | $29K | $1K | 10x | as long as short |
| Injective BNB/USDC PERP | +0.0353% | 1h | 804.89 | −0.041% | $19K | $627K | 30x | as long as short |
| Backpack BNB_USDC_PERP | +0.0650% | 1h | 807.80 | +0.320% | $3.0M | $5.5M | 40x | as long as short |
Variational Omni BNB
Bybit BNBUSDT
GMX BNB/USD [WBTC.b-USDC]
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Kraken Futures PF_BNBUSD
BingX BNB-USDT
Coinbase International BNB-PERP-INTX
Aster BNBUSDT
Lighter BNB
Pacifica BNB
OKX BNB-USDT-SWAP
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
MEXC BNB_USDT
Binance BNBUSDT
Phemex BNBUSDT
Phoenix BNB
Hyperliquid BNB
SoDEX BNB-USD
RISEx BNB/USDC
Bulk BNB-USD
BloFin BNB-USDT
01 Exchange BNBUSD
Injective BNB/USDC PERP
Backpack BNB_USDC_PERP