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+0.0029%/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
What this pair did over the last
the charts below follow
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni BNB805.220.0048pay 0.0048% / 8h2h 21m$4.0M$5.4M
ShortBybit BNBUSDT806.400.0077get 0.0077% / 8h2h 21m$139.9M$82.5M75x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 3 min ago3.33 bpdoesn't fit7.0 bp −$70doesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago0.62 bp6.1 bp −$68.3 bp −$8326.5 bp −$2,653158.6 bp −$79.3K

BNB on 46 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0195% / S +0.0371%1h806.17+0.118%$49K200xas long as short
Hotstuff BNB-PERP−0.0080%1h806.58+0.169%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h806.55+0.165%$3.0M$29.4M10xas long as short
Kalshi KXBNBPERP0.0000%8h806.90+0.208%$114K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h806.16+0.117%$871K$2.9M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h806.18+0.119%$9.8M150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h806.28+0.131%$2.5M$908K50xas long as short
Variational Omni BNBlong+0.0048%8h805.22long leg$4.0M$5.4M
BingX BNB-USDT+0.0054%8h806.92+0.211%$34.5Mas long as short
Bybit BNBUSDTshort+0.0077%8h806.40+0.146%$139.9M$82.5M75x
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0088%1h804.80−0.052%$609K$879K50xas long as short
Aster BNBUSDT+0.0096%8h806.97+0.217%$6.4M$18.8M200xas long as short
Lighter BNB+0.0096%1h806.51+0.159%$2.8M$4.2M20xas long as short
Nado BNB-PERP+0.0100%1h806.12+0.112%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h806.66+0.179%$1.2M$923K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h806.70+0.184%$55.3M$116.1M50xas long as short
Arcus BNB-USD+0.0100%1h806.90+0.208%$53K$170K10xas long as short
Gate BNB_USDT+0.0100%8h806.15+0.115%$36.1M$58.8M75xas long as short
KuCoin BNBUSDTM+0.0100%8h806.61+0.172%$28.2M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h806.33+0.138%$79.3M$24.6M75xas long as short
edgeX BNBUSDC+0.0100%4h806.75+0.190%$4.2M$76.9M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h806.35+0.140%$159K$438K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h806.19+0.120%$119K$868K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h806.23+0.125%$390K$593K50xas long as short
Derive BNB-PERP+0.0100%1h806.45+0.153%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h806.74+0.188%$13K$1.7M50xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h806.74+0.189%$1.6M$165K25xas long as short
HTX BNB-USDT+0.0100%8h806.11+0.110%$8.2M$7.5M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h807.10+0.233%$79K$19K50xas long as short
Extended BNB-USD+0.0104%1h806.40+0.147%$1.9M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h806.33+0.138%$387K$40K10xas long as short
MEXC BNB_USDT+0.0111%8h807.80+0.320%$84.8M$13.6M200xas long as short
Binance BNBUSDT+0.0113%8h807.42+0.273%$521.4M$805.2M75xas long as short
Phemex BNBUSDT+0.0123%8h806.85+0.202%$70.4M$51.8M50xas long as short
Phoenix BNB+0.0125%1h806.38+0.144%$173K$35K10xas long as short
Hyperliquid BNB+0.0187%1h807.53+0.287%$52.0M$21.4M10xas long as short
SoDEX BNB-USD+0.0206%1h806.30+0.134%$396K$1.0M10xas long as short
RISEx BNB/USDC+0.0209%1h806.60+0.171%$1.2M$1.5M20xas long as short
Bulk BNB-USD+0.0217%1h806.94+0.214%$652K$11K10xas long as short
BloFin BNB-USDT+0.0233%8h806.96+0.216%$18.8M$3.1M75xas long as short
Hibachi BNB/USDT-P+0.0240%1h806.21+0.122%$71K$48K12xas long as short
dYdX BNB-USD+0.0251%1h806.37+0.143%$171K$55K10xas long as short
Reya BNBRUSDPERP+0.0334%1h805.80+0.071%$6K$3K40xas long as short
01 Exchange BNBUSD+0.0344%1h807.24+0.251%$29K$1K10xas long as short
Injective BNB/USDC PERP+0.0353%1h804.89−0.041%$19K$627K30xas long as short
Backpack BNB_USDC_PERP+0.0650%1h807.80+0.320%$3.0M$5.5M40xas long as short