Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.014%
Price spread now: Variational Omni against Lighter+0.095%7-day average −0.038% · 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)−0.067%−$7 on $10k
+Price spread, last 7 days−0.106%−$11 · spread now +0.095%, 7d avg −0.038%
=Together, before fees−0.173%+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm board−$17 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.132% dearer against Lighter than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BNB | 791.15 | 0.0096 | pay 0.0012% / 1h | 11m 57s | $2.8M | $3.9M | 20x |
| Short | Variational Omni BNB | 791.90 | 0.0100 | get 0.0100% / 8h | 5h 11m | $4.1M | $4.6M | — |
Lighter BNB
Variational Omni BNBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Lighter. 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
- $0.84
- Price spread: +0.095% → −0.038%
- $13.23
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $14.07
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Lighter: live order book, 6 min ago; Variational Omni: RFQ quote, 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 Lighter live order book, 6 min ago | 0.75 bp | 1.5 bp −$1 | 4.8 bp −$48 | 14.3 bp −$1,432 | 67.1 bp −$33.5K |
| Sell Variational Omni RFQ quote, 2 min ago | 3.34 bp | doesn't fit | 6.5 bp −$65 | 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 −0.0167% / S +0.0335% | 1h | 790.99 | −0.020% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 791.44 | +0.037% | $4K | $239 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 792.14 | +0.126% | $856K | $3.1M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 791.09 | −0.007% | $9.7M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +1.763% | $19K | $789K | 30x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0048% | 1h | 792.03 | +0.112% | $615K | $1.8M | 50x | as long as short |
| Aster BNBUSDT | +0.0050% | 8h | 791.66 | +0.065% | $6.2M | $18.6M | 200x | as long as short |
| Phemex BNBUSDT | +0.0052% | 8h | 791.59 | +0.056% | $69.3M | $50.5M | 50x | as long as short |
| BingX BNB-USDT | +0.0060% | 8h | 791.13 | −0.002% | — | $34.3M | — | as long as short |
| Binance BNBUSDT | +0.0073% | 8h | 791.67 | +0.066% | $494.6M | $791.9M | 75x | as long as short |
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-USDT
Binance BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BNB_USDT | +0.0074% | 8h | 792.00 | +0.108% | $80.5M | $12.5M | 200x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0091% | 1h | 790.94 | −0.026% | $2.5M | $1.2M | 50x | as long as short |
| Lighter BNBlong | +0.0096% | 1h | 791.15 | long leg | $2.8M | $3.9M | 20x | |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 791.09 | −0.007% | $266K | $498K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 791.00 | −0.018% | $1.4M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 791.58 | +0.055% | $51.9M | $17.7M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 791.44 | +0.037% | $1.2M | $908K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 791.00 | −0.018% | $139.2M | $77.0M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 790.90 | −0.031% | $53.7M | $111.7M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 791.20 | +0.007% | $52K | $130K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 791.00 | −0.018% | $35.4M | $57.3M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 791.17 | +0.003% | $27.8M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 790.73 | −0.053% | $77.0M | $29.8M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 791.33 | +0.023% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNBshort | +0.0100% | 8h | 791.90 | +0.095% | $4.1M | $4.6M | — | |
| edgeX BNBUSDC | +0.0100% | 4h | 792.20 | +0.133% | $4.1M | $75.5M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 792.06 | +0.116% | $159K | $441K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 790.94 | −0.026% | $134K | $949K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 791.24 | +0.012% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 791.64 | +0.063% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 791.30 | +0.019% | $389K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 791.36 | +0.027% | $8.1M | $9.2M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0102% | 8h | 791.79 | +0.081% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 790.75 | −0.050% | $1.8M | $5.9M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 791.10 | −0.006% | $380K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0107% | 1h | 792.24 | +0.138% | $170K | $35K | 10x | as long as short |
| GRVT BNB_USDT_Perp | +0.0145% | 8h | 792.50 | +0.171% | $2.9M | $28.0M | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0187% | 8h | 791.60 | +0.057% | $83K | $2.8M | 4.8x | as long as short |
| BloFin BNB-USDT | +0.0194% | 8h | 791.97 | +0.104% | $18.2M | $2.2M | 75x | as long as short |
| dYdX BNB-USD | +0.0202% | 1h | 791.15 | 0.000% | $160K | $63K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0288% | 1h | 791.59 | +0.056% | $28K | $4K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 791.56 | +0.052% | $1.5M | $143K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0327% | 1h | 790.74 | −0.051% | $6K | $3K | 40x | as long as short |
| RISEx BNB/USDC | +0.0361% | 1h | 791.42 | +0.035% | $1.1M | $981K | 20x | as long as short |
| Bulk BNB-USD | +0.0366% | 1h | 792.18 | +0.131% | $641K | $9K | 10x | as long as short |
| Hibachi BNB/USDT-P | +0.0584% | 1h | 791.61 | +0.059% | $68K | $38K | 12x | as long as short |
MEXC BNB_USDT
Kraken Futures PF_BNBUSD
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
BloFin BNB-USDT
dYdX BNB-USD
01 Exchange BNBUSD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
RISEx BNB/USDC
Bulk BNB-USD
Hibachi BNB/USDT-P