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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0017%/8h= +1.9% APRpaid last 24h +0.016%
Price spread now: Extended against Variational Omni−0.065%7-day average −0.022% · 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 4 days (all we have)+0.057%+$6 on $10k
Price spread, last 7 days+0.079%+$8 · spread now −0.065%, 7d avg −0.022%
Together, before fees+0.136%+ Points / potential airdropVariational Omni: Active · Extended: Active · farm board+$14 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.043% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.065% now, against its 7-day average of −0.022%). If the spread goes back, that is −$4 on $10k: about 8.3 days of funding at the current rate (+$1 a day). At the pace of the last 4 days (+0.057% in total) that is about 2.8 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni BNB785.240.0087pay 0.0087% / 8h4h 49m$4.3M$4.3M
ShortExtended BNB-USD784.730.0104get 0.0013% / 1h49m 41s$1.8M$5.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$3.61
Price spread: −0.065% → −0.022%
−$4.28
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$5.67
Costs to cover
0.050%
Break-even
18.0 days
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Extended: 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 fit5.8 bp −$58doesn't fitdoesn't fit
Sell Extended live order book, 2 min ago0.06 bp3.1 bp −$34.0 bp −$40doesn't fitdoesn't fit

BNB on 46 exchanges

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 −0.0166% / S +0.0336%1h786.31+0.136%$43K200xas long as short
Kraken Futures PF_BNBUSD−0.0138%1h785.54+0.038%$2.6M$1.4M50xas long as short
Hotstuff BNB-PERP−0.0080%1h786.45+0.154%$4K25xas long as short
Bybit BNBUSDT−0.0061%8h784.70−0.069%$138.4M$66.1M75xas long as short
BingX BNB-USDT−0.0050%8h785.31+0.009%$50.3Mas long as short
Aster BNBUSDT0.0000%8h785.61+0.046%$5.9M$16.8M200xas long as short
GRVT BNB_USDT_Perp0.0000%8h787.72+0.316%$2.9M$26.7M10xas long as short
Kalshi KXBNBPERP0.0000%8h786.50+0.160%$153K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h786.90+0.211%$849K$3.0M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h786.23+0.126%$9.5M150xas long as short
Show all 46 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BNB_USDT+0.0008%8h786.50+0.160%$83.3M$11.5M200xas long as short
Binance BNBUSDT+0.0008%8h785.55+0.040%$479.7M$753.8M75xas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.528%$19K$789K30xas long as short
BloFin BNB-USDT+0.0037%8h786.54+0.165%$18.5M$2.3M75xas long as short
Phemex BNBUSDT+0.0077%8h785.85+0.077%$68.2M$50.3M50xas long as short
Variational Omni BNBlong+0.0087%8h785.24long leg$4.3M$4.3M
Lighter BNB+0.0096%1h785.09−0.019%$2.7M$2.9M20xas long as short
Nado BNB-PERP+0.0100%1h786.05+0.103%$1.3M$2.3M20xas long as short
Hyperliquid BNB+0.0100%1h785.62+0.048%$52.0M$16.4M10xas long as short
Pacifica BNB+0.0100%1h785.23−0.002%$1.2M$927K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h785.00−0.031%$53.3M$99.8M50xas long as short
Arcus BNB-USD+0.0100%1h785.50+0.033%$57K$124K10xas long as short
Gate BNB_USDT+0.0100%8h785.30+0.007%$42.1M$51.7M75xas long as short
KuCoin BNBUSDTM+0.0100%8h784.92−0.041%$28.1M$9.6M75xas long as short
Bitget BNBUSDT+0.0100%8h784.81−0.055%$75.4M$30.7M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h785.87+0.080%$2.2M$6.0M40xas long as short
edgeX BNBUSDC+0.0100%4h787.64+0.305%$4.1M$71.4M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h787.46+0.282%$158K$459K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h786.20+0.122%$126K$909K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h785.92+0.086%$264K$258K50xas long as short
Derive BNB-PERP+0.0100%1h785.97+0.093%$31K$10K10xas long as short
SunX BNB-USDT+0.0100%8h786.62+0.175%$12K$1.3M50xas long as short
SoDEX BNB-USD+0.0100%1h786.10+0.109%$386K$923K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h786.17+0.118%$1.5M$126K25xas long as short
HTX BNB-USDT+0.0100%8h785.99+0.096%$8.0M$9.9M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h785.61+0.047%$78K$1.3M50xas long as short
Extended BNB-USDshort+0.0104%1h784.73−0.065%$1.8M$5.5M50x
Aevo BNB-PERP+0.0104%1h785.85+0.078%$377K$110K10xas long as short
Phoenix BNB+0.0116%1h787.45+0.281%$158K$45K10xas long as short
Coinbase International BNB-PERP-INTX+0.0136%1h785.93+0.088%$537K$1.9M50xas long as short
01 Exchange BNBUSD+0.0256%1h785.88+0.081%$28K$3K10xas long as short
Hibachi BNB/USDT-P+0.0272%1h786.13+0.113%$67K$34K12xas long as short
Bulk BNB-USD+0.0274%1h787.88+0.336%$638K$10K10xas long as short
Reya BNBRUSDPERP+0.0315%1h785.83+0.074%$6K$3K40xas long as short
dYdX BNB-USD+0.0326%1h785.22−0.002%$157K$34K10xas long as short
RISEx BNB/USDC+0.0391%1h785.53+0.037%$1.1M$939K20xas long as short