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

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0132%/8h= +14.5% APRpaid last 24h +0.069%
Price spread now: 01 Exchange against Variational Omni+0.084%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and 01 Exchange is 0.084% dearer against Variational Omni than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni BNB784.020.0100pay 0.0100% / 8h7h 29m$4.2M$5.0M
Short01 Exchange BNBUSD784.680.0232get 0.0029% / 1h29m 06s$28K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$27.72
Price spread: +0.084% → 0.000%
$8.41
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$29.13
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; 01 Exchange: no order-book sample. 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, 5 min ago3.34 bpdoesn't fit5.3 bp −$53doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 −0.0166% / S +0.0337%1h784.11+0.011%$43K200xas long as short
Hotstuff BNB-PERP−0.0080%1h784.33+0.039%$4K25xas long as short
Kraken Futures PF_BNBUSD−0.0021%1h784.43+0.052%$2.5M$1.2M50xas long as short
GRVT BNB_USDT_Perp0.0000%8h784.92+0.114%$3.0M$27.3M10xas long as short
StandX BNB-USD0.0000%1h784.70+0.087%$846K$2.7M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0007% / S −0.0007%1h784.26+0.031%$9.5M150xas long as short
Aster BNBUSDT+0.0019%8h784.85+0.106%$5.9M$18.3M200xas long as short
BingX BNB-USDT+0.0031%8h784.51+0.062%$22.2Mas long as short
Injective BNB/USDC PERP+0.0033%1h805.09+2.687%$19K$789K30xas long as short
MEXC BNB_USDT+0.0036%8h786.00+0.252%$82.3M$12.2M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BNBUSDT+0.0036%8h784.89+0.111%$487.8M$808.4M75xas long as short
Lighter BNB+0.0096%1h784.43+0.052%$2.7M$3.6M20xas long as short
Nado BNB-PERP+0.0100%1h784.00−0.003%$1.4M$2.6M20xas long as short
Hyperliquid BNB+0.0100%1h784.92+0.115%$51.5M$17.6M10xas long as short
Pacifica BNB+0.0100%1h784.50+0.061%$1.2M$937K20xas long as short
Bybit BNBUSDT+0.0100%8h784.16+0.018%$138.1M$73.1M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h784.20+0.023%$53.3M$110.2M50xas long as short
Arcus BNB-USD+0.0100%1h784.30+0.036%$52K$125K10xas long as short
Gate BNB_USDT+0.0100%8h784.35+0.042%$39.4M$55.8M75xas long as short
KuCoin BNBUSDTM+0.0100%8h784.01−0.001%$27.6M$10.2M75xas long as short
Bitget BNBUSDT+0.0100%8h783.90−0.015%$75.2M$32.4M75xas long as short
Backpack BNB_USDC_PERP+0.0100%1h784.79+0.098%$2.2M$6.1M40xas long as short
Variational Omni BNBlong+0.0100%8h784.02long leg$4.2M$5.0M
edgeX BNBUSDC+0.0100%4h784.76+0.095%$4.1M$76.3M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h784.99+0.124%$158K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h784.29+0.034%$131K$924K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h784.39+0.047%$264K$358K50xas long as short
Derive BNB-PERP+0.0100%1h784.27+0.031%$31K$12K10xas long as short
SunX BNB-USDT+0.0100%8h784.89+0.111%$12K$1.5M50xas long as short
SoDEX BNB-USD+0.0100%1h784.50+0.061%$386K$941K10xas long as short
HTX BNB-USDT+0.0100%8h784.31+0.036%$8.0M$10.3M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h784.72+0.089%$78K$37K50xas long as short
Extended BNB-USD+0.0104%1h783.85−0.022%$1.8M$5.8M50xas long as short
Aevo BNB-PERP+0.0104%1h784.42+0.051%$377K$110K10xas long as short
Kalshi KXBNBPERP+0.0108%8h784.90+0.112%$159K$2.6M4.8xas long as short
Coinbase International BNB-PERP-INTX+0.0120%1h785.76+0.222%$547K$1.9M50xas long as short
Phoenix BNB+0.0120%1h784.43+0.052%$158K$38K10xas long as short
BloFin BNB-USDT+0.0146%8h784.85+0.106%$17.8M$2.2M75xas long as short
dYdX BNB-USD+0.0155%1h784.13+0.014%$157K$65K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0200%1h784.77+0.096%$1.5M$141K25xas long as short
Bulk BNB-USD+0.0212%1h785.97+0.249%$637K$83110xas long as short
Phemex BNBUSDT+0.0224%8h784.98+0.122%$68.4M$51.1M50xas long as short
01 Exchange BNBUSDshort+0.0232%1h784.68+0.084%$28K$3K10x
Reya BNBRUSDPERP+0.0319%1h783.81−0.027%$6K$3K40xas long as short
RISEx BNB/USDC+0.0355%1h784.53+0.065%$1.1M$911K20xas long as short
Hibachi BNB/USDT-P+0.0416%1h784.31+0.037%$67K$39K12xas long as short