Funding you earn now, next payment 08:00 UTC−0.0029%/8h= −3.2% APRnext payment −$0.29 per $10,000 · paid last 24h +0.017%
Price spread now: MEXC against Variational Omni+0.013%7-day average +0.225% · 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)+0.056%+$6 on $10k
+Price spread, last 7 days+0.255%+$25 · spread now +0.013%, 7d avg +0.225%
=Together, before fees+0.311%+ Points / potential airdropVariational Omni: Active · farm board+$31 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.212% cheaper against Variational Omni than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of +0.225%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.056%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni BNB | 791.10 | 0.0100 | pay 0.0100% / 8h | 5h 07m | $4.1M | $4.6M | — |
| Short | MEXC BNB_USDT | 791.20 | 0.0071 | get 0.0071% / 8h | 5h 07m | $80.4M | $12.5M | 200x |
Variational Omni BNB
MEXC BNB_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.013% → +0.225%
- −$21.16
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$31.25
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; MEXC: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni RFQ quote, 2 min ago | 3.34 bp | doesn't fit | 4.9 bp −$49 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.63 bp | 3.6 bp −$4 | 5.7 bp −$57 | 18.5 bp −$1,853 | 34.8 bp −$17.4K |
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 −0.0167% / S +0.0335% | 1h | 790.27 | −0.105% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 791.76 | +0.084% | $4K | $239 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 792.16 | +0.135% | $856K | $3.1M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 790.35 | −0.094% | $9.6M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +1.769% | $19K | $789K | 30x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0048% | 1h | 792.68 | +0.200% | $592K | $1.9M | 50x | as long as short |
| Aster BNBUSDT | +0.0049% | 8h | 790.96 | −0.017% | $6.2M | $18.7M | 200x | as long as short |
| Phemex BNBUSDT | +0.0050% | 8h | 792.19 | +0.138% | $69.4M | $50.4M | 50x | as long as short |
| BingX BNB-USDC | +0.0060% | 8h | 791.30 | +0.026% | — | $13.4M | — | as long as short |
| MEXC BNB_USDTshort | +0.0071% | 8h | 791.20 | +0.013% | $80.4M | $12.5M | 200x |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
Coinbase International BNB-PERP-INTX
Aster BNBUSDT
Phemex BNBUSDT
BingX BNB-USDCShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNBUSDT | +0.0071% | 8h | 790.87 | −0.028% | $493.9M | $791.6M | 75x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0091% | 1h | 789.95 | −0.145% | $2.5M | $1.2M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 791.12 | +0.003% | $2.7M | $3.9M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 790.53 | −0.072% | $266K | $498K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 790.25 | −0.107% | $1.5M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 790.89 | −0.026% | $51.9M | $17.5M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 791.10 | +0.001% | $1.2M | $914K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 790.23 | −0.109% | $139.1M | $76.8M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 790.20 | −0.113% | $53.5M | $112.0M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 790.70 | −0.050% | $52K | $130K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 790.30 | −0.101% | $35.4M | $57.4M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 789.99 | −0.140% | $27.6M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 790.06 | −0.131% | $76.6M | $30.3M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 791.94 | +0.107% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNBlong | +0.0100% | 8h | 791.10 | long leg | $4.1M | $4.6M | — | |
| edgeX BNBUSDC | +0.0100% | 4h | 791.80 | +0.090% | $4.1M | $74.6M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 791.37 | +0.035% | $159K | $441K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 790.29 | −0.102% | $133K | $949K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 790.64 | −0.057% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 790.79 | −0.039% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 790.30 | −0.101% | $389K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 792.00 | +0.114% | $8.1M | $9.2M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0102% | 8h | 791.73 | +0.081% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 789.94 | −0.146% | $1.8M | $5.9M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 790.48 | −0.078% | $380K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0107% | 1h | 791.64 | +0.069% | $170K | $35K | 10x | as long as short |
| GRVT BNB_USDT_Perp | +0.0141% | 8h | 791.87 | +0.098% | $2.9M | $27.9M | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0187% | 8h | 792.80 | +0.215% | $104K | $2.7M | 4.8x | as long as short |
| dYdX BNB-USD | +0.0187% | 1h | 791.19 | +0.012% | $160K | $63K | 10x | as long as short |
| BloFin BNB-USDT | +0.0192% | 8h | 791.99 | +0.113% | $18.2M | $2.2M | 75x | as long as short |
| 01 Exchange BNBUSD | +0.0280% | 1h | 790.87 | −0.029% | $28K | $4K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 790.90 | −0.025% | $1.5M | $143K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0327% | 1h | 789.94 | −0.146% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0361% | 1h | 790.71 | −0.049% | $1.1M | $979K | 20x | as long as short |
| Bulk BNB-USD | +0.0366% | 1h | 792.18 | +0.138% | $641K | $9K | 10x | as long as short |
| Hibachi BNB/USDT-P | +0.0576% | 1h | 791.63 | +0.068% | $68K | $38K | 12x | as long as short |
Binance BNBUSDT
Kraken Futures PF_BNBUSD
Lighter BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
dYdX BNB-USD
BloFin BNB-USDT
01 Exchange BNBUSD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
RISEx BNB/USDC
Bulk BNB-USD
Hibachi BNB/USDT-P