BNB funding rate on Variational

Funding APR
+10.95%
0.0100% / 8h
Interval
8h
next 16:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
22
listing this pair

Over the last 30 days, BNB funding on Variational averaged +3.9% APR and stayed positive 68.1% of the time, ranging from -26.4% to +10.9%. Right now it pays longs pay shorts at +10.9% APR, settled every 8h across 22 venues we track. The most reliable delta-neutral pairing for BNB right now is long Aster / short Phoenix at +21.2% net APR (low risk, ~1.4d to break even).

as of 2026-09-12 11:45 UTC

BNB funding history on Variationallast 30d

30d average
+3.86%
Range
-26% / 11%
% positive
68.1%
Volatility
7.9
Best delta-neutral pairing
Long Variational / Short Phoenix
+12.7% net APR
Backtested (30d)
+20.0%
Stability
99.4%
Risk
medium
Breakeven
~1.4d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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How BNB funding compares across venues

ExchangeFunding APR
n1xyz+35.92%
Phoenix+26.45%
RiseX+20.70%
Kraken+14.12%
Extended+11.39%
Hyperliquid+10.95%
Pacifica+10.95%
Polymarket+10.95%
Variational+10.95%
Arcus+10.95%
TxFlow+10.95%
Bulk+10.95%
Paradex+10.95%
SoDEX+10.95%
Nado+10.95%
Decibel+10.51%
Lighter+10.51%
dYdX+8.43%
Hibachi+3.07%
Aster+0.00%
Grvt+0.00%
HotStuff-8.76%

Frequently asked

What is the current BNB funding rate on Variational?

BNB on Variational is funding at 10.95% APR (0.0100% every 8h), paid longs pay shorts, as of 2026-09-12 11:45 UTC.

How often does Variational pay funding on BNB?

Every 8 hours.

How do I earn BNB funding without price risk?

Open a delta-neutral position: long Variational and short Phoenix, currently 12.7% net APR (medium risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy