BNB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0062%/8h= −6.8% APRnext payment −$0.62 per $10,000 · paid last 24h −0.006%

Price spread now: Variational Omni against OKX+0.119%7-day average −0.011% · you sell dearer than you buy

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

Long on OKX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.056%−$6 on $10k

Price spread, last 7 days−0.134%−$13 · spread now +0.119%, 7d avg −0.011%

Together, before fees−0.191%+ Points / potential airdropVariational Omni: Active · farm board−$19 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Variational Omni is 0.130% dearer against OKX than usual: you sell high and buy low (spread +0.119% now, against its 7-day average of −0.011%): +$13 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX BNB-USDT-SWAP	800.90	0.0100	pay 0.0100% / 8h	1h 18m	$54.7M	$115.8M	50x
Short	Variational Omni BNB	801.85	0.0038	get 0.0038% / 8h	1h 18m	$4.1M	$5.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against OKX. 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 OKXbpFee Variational OmnibpOrdersPrice spread, now +0.119%Rate

Funding earned: −$13.07
Price spread: +0.119% → −0.011%: $12.95
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$10.12
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: OKX: live order book, 5 min ago; Variational Omni: RFQ quote, 1 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 OKX live order book, 5 min ago	0.62 bp	6.3 bp −$6	8.4 bp −$84	20.3 bp −$2,025	doesn't fit
Sell Variational Omni RFQ quote, 1 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	801.49	+0.074%	$48K	—	200x	as long as short
Hotstuff BNB-PERP	−0.0080%	1h	801.60	+0.087%	$4K	$1K	25x	as long as short
GRVT BNB_USDT_Perp	0.0000%	8h	802.84	+0.242%	$3.0M	$29.6M	10x	as long as short
Kalshi KXBNBPERP	0.0000%	8h	801.70	+0.100%	$158K	$2.9M	4.8x	as long as short
StandX BNB-USD	0.0000%	1h	802.75	+0.231%	$868K	$2.9M	30x	as long as short
gTrade (Gains Network) BNB/USD	L +0.0008% / S −0.0007%	1h	801.45	+0.068%	$9.7M	—	150x	as long as short
Variational Omni BNBshort	+0.0038%	8h	801.85	+0.119%	$4.1M	$5.3M	—
BingX BNB-USDC	+0.0062%	8h	801.41	+0.064%	—	$13.3M	—	as long as short
Bybit BNBUSDT	+0.0073%	8h	800.81	−0.011%	$139.4M	$81.6M	75x	as long as short
Lighter BNB	+0.0096%	1h	801.54	+0.080%	$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	+0.034%	$610K	$998K	50x	as long as short
Aster BNBUSDT	+0.0099%	8h	801.86	+0.120%	$6.3M	$19.0M	200x	as long as short
Nado BNB-PERP	+0.0100%	1h	801.24	+0.043%	$1.4M	$2.8M	20x	as long as short
Pacifica BNB	+0.0100%	1h	801.53	+0.079%	$1.2M	$926K	20x	as long as short
OKX BNB-USDT-SWAPlong	+0.0100%	8h	800.90	long leg	$54.7M	$115.8M	50x
Arcus BNB-USD	+0.0100%	1h	801.40	+0.062%	$53K	$151K	10x	as long as short
Gate BNB_USDT	+0.0100%	8h	801.00	+0.012%	$35.8M	$58.5M	75x	as long as short
KuCoin BNBUSDTM	+0.0100%	8h	801.18	+0.035%	$28.0M	$10.6M	75x	as long as short
Bitget BNBUSDT	+0.0100%	8h	800.87	−0.004%	$81.0M	$26.7M	75x	as long as short
edgeX BNBUSDC	+0.0100%	4h	803.01	+0.264%	$4.2M	$77.6M	30x	as long as short
ApeX Omni BNBUSDT	+0.0100%	1h	802.69	+0.223%	$162K	$443K	50x	as long as short
Polymarket Perps BNB-USD	+0.0100%	1h	801.29	+0.049%	$121K	$878K	10x	as long as short
Orderly PERP_BNB_USDC	+0.0100%	8h	801.28	+0.047%	$387K	$568K	50x	as long as short
Derive BNB-PERP	+0.0100%	1h	801.48	+0.072%	$32K	$5K	10x	as long as short
SunX BNB-USDT	+0.0100%	8h	801.80	+0.112%	$13K	$1.7M	50x	as long as short
SoDEX BNB-USD	+0.0100%	1h	801.40	+0.062%	$394K	$1.0M	10x	as long as short
HTX BNB-USDT	+0.0100%	8h	801.38	+0.059%	$8.2M	$7.9M	75x	as long as short
Paradex BNB-USD-PERP	+0.0100%	8h	801.95	+0.131%	$78K	$19K	50x	as long as short
Extended BNB-USD	+0.0104%	1h	800.68	−0.027%	$1.8M	$6.1M	50x	as long as short
Aevo BNB-PERP	+0.0104%	1h	801.51	+0.076%	$385K	$40K	10x	as long as short
MEXC BNB_USDT	+0.0118%	8h	802.30	+0.175%	$83.4M	$13.8M	200x	as long as short
Binance BNBUSDT	+0.0118%	8h	801.91	+0.126%	$503.9M	$821.7M	75x	as long as short
Phemex BNBUSDT	+0.0121%	8h	801.80	+0.112%	$70.1M	$51.8M	50x	as long as short
Phoenix BNB	+0.0155%	1h	802.83	+0.241%	$173K	$35K	10x	as long as short
Hibachi BNB/USDT-P	+0.0176%	1h	802.63	+0.216%	$71K	$48K	12x	as long as short
Deribit BNB_USDC-PERPETUAL	+0.0200%	1h	801.76	+0.107%	$1.6M	$165K	25x	as long as short
Kraken Futures PF_BNBUSD	+0.0206%	1h	801.20	+0.038%	$2.6M	$977K	50x	as long as short
BloFin BNB-USDT	+0.0238%	8h	802.00	+0.137%	$18.3M	$2.5M	75x	as long as short
dYdX BNB-USD	+0.0284%	1h	801.29	+0.049%	$162K	$62K	10x	as long as short
Hyperliquid BNB	+0.0310%	1h	802.15	+0.156%	$51.9M	$21.9M	10x	as long as short
Injective BNB/USDC PERP	+0.0311%	1h	805.09	+0.523%	$19K	$789K	30x	as long as short
Bulk BNB-USD	+0.0314%	1h	802.70	+0.224%	$652K	$21K	10x	as long as short
RISEx BNB/USDC	+0.0318%	1h	801.23	+0.041%	$1.1M	$1.4M	20x	as long as short
01 Exchange BNBUSD	+0.0320%	1h	801.43	+0.066%	$28K	$1K	10x	as long as short
Reya BNBRUSDPERP	+0.0333%	1h	801.12	+0.028%	$6K	$3K	40x	as long as short
Backpack BNB_USDC_PERP	+0.0603%	1h	802.05	+0.144%	$2.7M	$5.7M	40x	as long as short