Funding you earn now, next payment 00:00 UTC−0.0068%/8h= −7.5% APRnext payment −$0.68 per $10,000 · paid last 24h −0.017%
Price spread now: Variational Omni against Aster−0.157%7-day average −0.120% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.048%−$5 on $10k
+Price spread, last 7 days+0.039%+$4 · spread now −0.157%, 7d avg −0.120%
=Together, before fees−0.009%+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Variational Omni is 0.037% cheaper against Aster than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.120%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster BNBUSDT | 800.10 | 0.0077 | pay 0.0077% / 8h | 0m 06s | $6.2M | $19.3M | 200x |
| Short | Variational Omni BNB | 798.84 | 0.0009 | get 0.0009% / 8h | 0m 06s | $4.1M | $5.4M | — |
Aster BNBUSDT
Variational Omni BNBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Aster. 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
- −$14.35
- Price spread: −0.157% → −0.120%
- −$3.72
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$26.07
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Aster: live order book, 4 min ago; Variational Omni: RFQ quote, 4 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 Aster live order book, 4 min ago | 0.44 bp | 4.6 bp −$5 | 4.7 bp −$47 | 19.5 bp −$1,951 | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 3.34 bp | doesn't fit | 5.2 bp −$52 | doesn't fit | doesn't fit |
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 −0.0201% / S +0.0372% | 1h | 799.54 | −0.070% | $47K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 799.70 | −0.050% | $4K | $1K | 25x | as long as short |
| Kraken Futures PF_BNBUSD | −0.0074% | 1h | 799.52 | −0.073% | $2.5M | $975K | 50x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 798.72 | −0.172% | $3.0M | $27.7M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 799.71 | −0.049% | $864K | $2.9M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 799.57 | −0.066% | $9.7M | — | 150x | as long as short |
| Variational Omni BNBshort | +0.0009% | 8h | 798.84 | −0.157% | $4.1M | $5.4M | — | |
| BingX BNB-USDC | +0.0030% | 8h | 799.57 | −0.066% | — | $13.3M | — | as long as short |
| Bybit BNBUSDT | +0.0040% | 8h | 799.24 | −0.107% | $138.8M | $76.9M | 75x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0072% | 1h | 798.68 | −0.177% | $602K | $985K | 50x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
Kraken Futures PF_BNBUSD
GRVT BNB_USDT_Perp
StandX BNB-USD
gTrade (Gains Network) BNB/USD
BingX BNB-USDC
Bybit BNBUSDT
Coinbase International BNB-PERP-INTXShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BNBUSDTlong | +0.0077% | 8h | 800.10 | long leg | $6.2M | $19.3M | 200x | |
| Phemex BNBUSDT | +0.0092% | 8h | 800.02 | −0.010% | $70.0M | $50.7M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 799.78 | −0.041% | $2.8M | $4.1M | 20x | as long as short |
| MEXC BNB_USDT | +0.0097% | 8h | 800.40 | +0.037% | $83.2M | $13.6M | 200x | as long as short |
| Binance BNBUSDT | +0.0097% | 8h | 800.06 | −0.005% | $498.0M | $818.7M | 75x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 799.05 | −0.131% | $1.4M | $2.7M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 799.57 | −0.067% | $1.2M | $925K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 799.30 | −0.100% | $54.4M | $112.9M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 799.50 | −0.075% | $53K | $133K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 799.30 | −0.100% | $35.7M | $58.8M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 799.47 | −0.079% | $28.0M | $10.2M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 799.27 | −0.104% | $78.9M | $27.6M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 799.62 | −0.060% | $4.2M | $76.4M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 799.34 | −0.095% | $161K | $436K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 799.20 | −0.112% | $116K | $872K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 799.38 | −0.090% | $386K | $494K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 799.60 | −0.063% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 799.86 | −0.029% | $13K | $1.7M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 799.70 | −0.050% | $393K | $1.0M | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 799.92 | −0.022% | $1.6M | $165K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 799.71 | −0.049% | $8.2M | $8.1M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 800.00 | −0.013% | $78K | $19K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 799.15 | −0.119% | $1.8M | $6.6M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 799.60 | −0.063% | $384K | $40K | 10x | as long as short |
| Phoenix BNB | +0.0127% | 1h | 798.37 | −0.216% | $172K | $36K | 10x | as long as short |
| Hibachi BNB/USDT-P | +0.0152% | 1h | 799.40 | −0.087% | $70K | $43K | 12x | as long as short |
| Kalshi KXBNBPERP | +0.0154% | 8h | 799.70 | −0.050% | $91K | $2.9M | 4.8x | as long as short |
| Bulk BNB-USD | +0.0191% | 1h | 798.83 | −0.159% | $649K | $17K | 10x | as long as short |
| BloFin BNB-USDT | +0.0217% | 8h | 800.12 | +0.002% | $18.1M | $2.5M | 75x | as long as short |
| Hyperliquid BNB | +0.0251% | 1h | 800.34 | +0.030% | $52.5M | $20.8M | 10x | as long as short |
| RISEx BNB/USDC | +0.0258% | 1h | 799.46 | −0.080% | $1.1M | $1.4M | 20x | as long as short |
| 01 Exchange BNBUSD | +0.0264% | 1h | 799.91 | −0.024% | $28K | $1K | 10x | as long as short |
| Injective BNB/USDC PERP | +0.0306% | 1h | 805.09 | +0.624% | $19K | $789K | 30x | as long as short |
| Backpack BNB_USDC_PERP | +0.0308% | 1h | 800.23 | +0.016% | $2.7M | $5.7M | 40x | as long as short |
| dYdX BNB-USD | +0.0327% | 1h | 799.59 | −0.064% | $161K | $63K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0331% | 1h | 799.01 | −0.136% | $6K | $3K | 40x | as long as short |
Phemex BNBUSDT
Lighter BNB
MEXC BNB_USDT
Binance BNBUSDT
Nado BNB-PERP
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
Hibachi BNB/USDT-P
Kalshi KXBNBPERP
Bulk BNB-USD
BloFin BNB-USDT
Hyperliquid BNB
RISEx BNB/USDC
01 Exchange BNBUSD
Injective BNB/USDC PERP
Backpack BNB_USDC_PERP
dYdX BNB-USD
Reya BNBRUSDPERP