Funding you earn now, next payment 22:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.022%
Price spread now: gTrade (Gains Network) against Variational Omni+0.067%7-day average +0.031% · 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)−0.022%−$2 on $10k
+Price spread, last 3 days (all we have)−0.078%−$8 · spread now +0.067%, 7d avg +0.031%
=Together, before fees−0.100%+ Points / potential airdropVariational Omni: Active · farm board−$10 on $10k · with fees, hour by hour
The price spread pays, funding is against you. gTrade (Gains Network) is 0.036% dearer against Variational Omni than usual: you sell high and buy low (spread +0.067% now, against its 7-day average of +0.031%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni BNB | 803.61 | 0.0048 | pay 0.0048% / 8h | 2h 04m | $4.1M | $5.3M | — |
| Short | gTrade (Gains Network) BNB/USD | 804.15 | L +0.0008% / S −0.0007% | get 0.0001% / 1h | 4m 08s | $9.8M | — | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$8.47
- Price spread: +0.067% → +0.031%
- $3.64
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$14.82
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; gTrade (Gains Network): virtual book (oracle venue), 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 Variational Omni RFQ quote, 5 min ago | 3.33 bp | doesn't fit | 6.4 bp −$64 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 5 min ago | 130.01 bp | 135.0 bp −$135 | 135.0 bp −$1,350 | 484.2 bp −$48.4K | 3301.4 bp −$1.65M |
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 −0.0195% / S +0.0371% | 1h | 804.06 | +0.055% | $49K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 804.48 | +0.108% | $4K | $1K | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 805.17 | +0.194% | $3.0M | $29.5M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 804.90 | +0.160% | $114K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 804.15 | +0.067% | $869K | $2.8M | 30x | as long as short |
| gTrade (Gains Network) BNB/USDshort | L +0.0008% / S −0.0007% | 1h | 804.15 | +0.067% | $9.8M | — | 150x | |
| Kraken Futures PF_BNBUSD | +0.0038% | 1h | 804.16 | +0.067% | $2.5M | $928K | 50x | as long as short |
| Variational Omni BNBlong | +0.0048% | 8h | 803.61 | long leg | $4.1M | $5.3M | — | |
| BingX BNB-USDT | +0.0056% | 8h | 804.69 | +0.134% | — | $34.5M | — | as long as short |
| Bybit BNBUSDT | +0.0079% | 8h | 804.30 | +0.085% | $139.6M | $81.7M | 75x | 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 | +0.0088% | 1h | 805.15 | +0.191% | $608K | $880K | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 804.36 | +0.093% | $2.8M | $4.2M | 20x | as long as short |
| Aster BNBUSDT | +0.0099% | 8h | 804.80 | +0.148% | $6.4M | $18.8M | 200x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 803.83 | +0.027% | $1.5M | $2.8M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 804.32 | +0.088% | $1.2M | $924K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 804.50 | +0.110% | $55.1M | $116.1M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 804.60 | +0.123% | $53K | $170K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 804.40 | +0.098% | $36.1M | $59.2M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 804.05 | +0.054% | $28.1M | $10.5M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 804.26 | +0.080% | $78.9M | $24.8M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 805.38 | +0.219% | $4.2M | $76.4M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 804.72 | +0.138% | $159K | $436K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 804.01 | +0.049% | $116K | $873K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 804.17 | +0.069% | $389K | $592K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 804.38 | +0.096% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 804.77 | +0.144% | $13K | $1.7M | 50x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 804.66 | +0.131% | $1.6M | $165K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 804.20 | +0.073% | $8.2M | $7.5M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 804.87 | +0.156% | $79K | $19K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 803.74 | +0.016% | $1.9M | $5.9M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 804.39 | +0.097% | $386K | $40K | 10x | as long as short |
| MEXC BNB_USDT | +0.0114% | 8h | 805.00 | +0.172% | $84.5M | $13.7M | 200x | as long as short |
| Binance BNBUSDT | +0.0115% | 8h | 805.19 | +0.196% | $520.2M | $806.3M | 75x | as long as short |
| Phoenix BNB | +0.0125% | 1h | 805.62 | +0.250% | $173K | $35K | 10x | as long as short |
| Phemex BNBUSDT | +0.0138% | 8h | 804.77 | +0.144% | $70.2M | $51.8M | 50x | as long as short |
| SoDEX BNB-USD | +0.0189% | 1h | 804.20 | +0.073% | $396K | $1.0M | 10x | as long as short |
| Hyperliquid BNB | +0.0200% | 1h | 805.05 | +0.179% | $51.8M | $22.0M | 10x | as long as short |
| RISEx BNB/USDC | +0.0209% | 1h | 804.40 | +0.098% | $1.1M | $1.4M | 20x | as long as short |
| dYdX BNB-USD | +0.0231% | 1h | 804.12 | +0.063% | $170K | $55K | 10x | as long as short |
| BloFin BNB-USDT | +0.0235% | 8h | 804.75 | +0.141% | $18.9M | $3.1M | 75x | as long as short |
| Hibachi BNB/USDT-P | +0.0256% | 1h | 804.23 | +0.077% | $71K | $48K | 12x | as long as short |
| Bulk BNB-USD | +0.0258% | 1h | 805.37 | +0.219% | $651K | $14K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0334% | 1h | 803.77 | +0.020% | $6K | $3K | 40x | as long as short |
| 01 Exchange BNBUSD | +0.0344% | 1h | 804.99 | +0.171% | $28K | $1K | 10x | as long as short |
| Injective BNB/USDC PERP | +0.0353% | 1h | 804.89 | +0.159% | $19K | $627K | 30x | as long as short |
| Backpack BNB_USDC_PERP | +0.0655% | 1h | 805.48 | +0.232% | $3.0M | $5.5M | 40x | as long as short |
Variational Omni BNB
gTrade (Gains Network) BNB/USD
GMX BNB/USD [WBTC.b-USDC]
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
Kraken Futures PF_BNBUSD
BingX BNB-USDT
Bybit BNBUSDT
Coinbase International BNB-PERP-INTX
Lighter BNB
Aster BNBUSDT
Pacifica BNB
OKX BNB-USDT-SWAP
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
MEXC BNB_USDT
Binance BNBUSDT
Phoenix BNB
Phemex BNBUSDT
SoDEX BNB-USD
Hyperliquid BNB
RISEx BNB/USDC
BloFin BNB-USDT
Bulk BNB-USD
01 Exchange BNBUSD
Injective BNB/USDC PERP
Backpack BNB_USDC_PERP