BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0082%/8h= −8.9% APRnext payment −$0.82 per $10,000 · paid last 24h −0.016%

Price spread now: Variational Omni against MEXC−0.168%7-day average −0.227% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.047%−$5 on $10k

Price spread, last 7 days−0.083%−$8 · spread now −0.168%, 7d avg −0.227%

Together, before fees−0.130%+ Points / potential airdropVariational Omni: Active · farm board−$13 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Variational Omni is 0.058% dearer against MEXC than usual: you sell high and buy low (spread −0.168% now, against its 7-day average of −0.227%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BNB_USDT	801.30	0.0117	pay 0.0117% / 8h	1h 14m	$83.3M	$13.8M	200x
Short	Variational Omni BNB	799.95	0.0035	get 0.0035% / 8h	1h 14m	$4.1M	$5.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against MEXC. 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

Position, each leg$Hold fordaysFee MEXCbpFee Variational OmnibpOrdersPrice spread, now −0.168%Rate

Funding earned: −$17.14
Price spread: −0.168% → −0.227%: $5.84
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$15.31
Costs to cover: 0.040%
Break-even: from the start

Slippage unknown: MEXC: live order book, 5 min ago; Variational Omni: RFQ quote, 5 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 MEXC live order book, 5 min ago	0.62 bp	4.4 bp −$4	9.5 bp −$95	25.5 bp −$2,549	42.3 bp −$21.2K
Sell Variational Omni RFQ quote, 5 min ago	3.33 bp	doesn't fit	6.2 bp −$62	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	800.09	−0.150%	$48K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	800.55	−0.094%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	800.94	−0.045%	$3.0M	$29.4M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	800.70	−0.075%	$147K	$2.8M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	800.90	−0.050%	$866K	$2.9M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	800.17	−0.141%	$9.7M	—	150x	as long as short
Variational Omni BNBshort	+0.0035%	8h	799.95	−0.168%	$4.1M	$5.3M	—
BingX BNB-USDT	+0.0059%	8h	800.16	−0.142%	—	$34.9M	—	as long as short
Bybit BNBUSDT	+0.0069%	8h	799.70	−0.200%	$139.2M	$79.8M	75x	as long as short
Lighter BNB	+0.0096%	1h	800.46	−0.105%	$2.8M	$4.2M	20x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International BNB-PERP-INTX	+0.0096%	1h	801.17	−0.016%	$610K	$995K	50x	as long as short
Aster BNBUSDT	+0.0097%	8h	800.75	−0.068%	$6.3M	$19.0M	200x	as long as short
Nado BNB-PERP	+0.0100%	1h	799.87	−0.179%	$1.4M	$2.8M	20x	as long as short
Pacifica BNB	+0.0100%	1h	800.38	−0.115%	$1.2M	$926K	20x	as long as short
OKX BNB-USDT-SWAP	+0.0100%	8h	799.90	−0.175%	$54.6M	$115.5M	50x	as long as short
Arcus BNB-USD	+0.0100%	1h	800.50	−0.100%	$53K	$151K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	799.90	−0.175%	$35.7M	$58.6M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	799.97	−0.166%	$28.0M	$10.5M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	799.85	−0.181%	$80.9M	$26.6M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	801.22	−0.010%	$4.2M	$77.6M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	800.94	−0.045%	$161K	$443K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	800.11	−0.149%	$121K	$877K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	800.14	−0.145%	$387K	$527K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	800.31	−0.123%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	800.77	−0.066%	$13K	$1.7M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	800.30	−0.125%	$393K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	800.00	−0.162%	$8.2M	$7.9M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	800.76	−0.068%	$78K	$19K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	799.71	−0.199%	$1.8M	$6.1M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	800.20	−0.137%	$384K	$40K	10x	as long as short
Binance BNBUSDT	+0.0117%	8h	800.79	−0.064%	$503.0M	$817.9M	75x	as long as short
MEXC BNB_USDTlong	+0.0117%	8h	801.30	long leg	$83.3M	$13.8M	200x
Phemex BNBUSDT	+0.0120%	8h	800.61	−0.086%	$70.0M	$51.8M	50x	as long as short
Phoenix BNB	+0.0155%	1h	801.63	+0.041%	$172K	$35K	10x	as long as short
Hibachi BNB/USDT-P	+0.0192%	1h	800.13	−0.147%	$71K	$48K	12x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	800.54	−0.094%	$1.6M	$165K	25x	as long as short
Kraken Futures PF_BNBUSD	+0.0207%	1h	800.05	−0.156%	$2.6M	$974K	50x	as long as short
BloFin BNB-USDT	+0.0237%	8h	800.50	−0.100%	$18.3M	$2.5M	75x	as long as short
Injective BNB/USDC PERP	+0.0311%	1h	805.09	+0.473%	$19K	$789K	30x	as long as short
dYdX BNB-USD	+0.0314%	1h	799.94	−0.170%	$161K	$62K	10x	as long as short
Bulk BNB-USD	+0.0314%	1h	802.70	+0.174%	$652K	$21K	10x	as long as short
Hyperliquid BNB	+0.0317%	1h	801.12	−0.022%	$51.8M	$21.9M	10x	as long as short
RISEx BNB/USDC	+0.0318%	1h	800.37	−0.116%	$1.1M	$1.4M	20x	as long as short
01 Exchange BNBUSD	+0.0320%	1h	800.86	−0.055%	$28K	$1K	10x	as long as short
Reya BNBRUSDPERP	+0.0332%	1h	799.76	−0.193%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0590%	1h	801.05	−0.031%	$2.7M	$5.7M	40x	as long as short