After costs, if the gap returns to its 7d average, $10k−$28
spread now+0.005%7d average+0.037%fees + slippage, in and out−$25spread needed0.249%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack BNB_USDC_PERP | 801.08 | 0.0415 | pay 0.0052% / 1h | 42m 18s | $2.9M | $5.2M | 40x |
| Short | BloFin BNB-USDT | 801.12 | 0.0222 | get 0.0222% / 8h | 5h 42m | $18.9M | $3.1M | 75x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $0.5
- Funding while held
- −$5.79
- Slippage, 4 orders
- −$2.94
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$30.24
- Spread needed to break even
- 0.249%
Slippage from Backpack: live order book, 3 min ago; BloFin: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0193%
- Per $10,000 a day
- −$5.79
- Average in range /8h
- —
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 Backpack live order book, 3 min ago | 0.06 bp | 5.6 bp −$6 | 9.0 bp −$90 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 0.13 bp | 6.1 bp −$6 | 7.5 bp −$75 | 14.4 bp −$1,435 | doesn't fit |
BNB price on every exchange
against the cheapest. Click to use as the short leg.BNB on 45 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective BNB/USDC PERP | −0.303% | +0.0033% | 1h | $19K | $387K | 30x | as long as short |
| KuCoin BNBUSDTM | −0.227% | +0.0100% | 8h | $27.9M | $10.6M | 75x | as long as short |
| Coinbase International BNB-PERP-INTX | −0.222% | +0.0064% | 1h | $600K | $920K | 50x | as long as short |
| Phoenix BNB | −0.210% | +0.0119% | 1h | $170K | $28K | 10x | as long as short |
| Reya BNBRUSDPERP | −0.204% | +0.0332% | 1h | $9K | — | 40x | as long as short |
| Bitget BNBUSDT | −0.200% | +0.0100% | 8h | $78.2M | $25.1M | 75x | as long as short |
| Polymarket Perps BNB-USD | −0.187% | +0.0100% | 1h | $121K | $882K | 10x | as long as short |
| HTX BNB-USDT | −0.182% | +0.0100% | 8h | $8.2M | $6.6M | 75x | as long as short |
| Extended BNB-USD | −0.180% | +0.0104% | 1h | $1.8M | $6.5M | 50x | as long as short |
| Bybit BNBUSDT | −0.175% | +0.0044% | 8h | $138.6M | $92.4M | 75x | as long as short |
Show all 45 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX BNB-USDT-SWAP | −0.172% | +0.0100% | 8h | $54.9M | $116.6M | 50x | as long as short |
| RISEx BNB/USDC | −0.161% | +0.0118% | 1h | $1.1M | $1.5M | 20x | as long as short |
| Arcus BNB-USD | −0.160% | +0.0100% | 1h | $52K | $239K | 10x | as long as short |
| Gate BNB_USDT | −0.154% | +0.0100% | 8h | $35.9M | $60.4M | 75x | as long as short |
| BingX BNB-USDT | −0.141% | +0.0011% | 8h | — | $33.7M | — | as long as short |
| Orderly PERP_BNB_USDC | −0.140% | +0.0100% | 8h | $387K | $695K | 50x | as long as short |
| GMX BNB/USD [WBTC.b-USDC] | −0.139% | L −0.0195% / S +0.0370% | 1h | $48K | — | 200x | as long as short |
| gTrade (Gains Network) BNB/USD | −0.135% | L +0.0008% / S −0.0008% | 1h | $9.7M | — | 150x | as long as short |
| SoDEX BNB-USD | −0.135% | +0.0114% | 1h | $393K | $1.0M | 10x | as long as short |
| Nado BNB-PERP | −0.129% | +0.0100% | 1h | $1.5M | $2.8M | 20x | as long as short |
| Derive BNB-PERP | −0.128% | +0.0100% | 1h | $32K | $5K | 10x | as long as short |
| Pacifica BNB | −0.127% | +0.0100% | 1h | $1.2M | $913K | 20x | as long as short |
| Variational Omni BNB | −0.126% | +0.0033% | 8h | $4.1M | $6.4M | — | as long as short |
| Aevo BNB-PERP | −0.116% | +0.0104% | 1h | $384K | $40K | 10x | as long as short |
| Kraken Futures PF_BNBUSD | −0.115% | +0.0041% | 1h | $2.5M | $910K | 50x | as long as short |
| SunX BNB-USDT | −0.114% | +0.0100% | 8h | $13K | $1.7M | 50x | as long as short |
| Lighter BNB | −0.106% | +0.0096% | 1h | $2.7M | $3.4M | 20x | as long as short |
| Binance BNBUSDT | −0.092% | +0.0103% | 8h | $516.5M | $811.0M | 75x | as long as short |
| Aster BNBUSDT | −0.090% | +0.0100% | 8h | $6.3M | $18.9M | 200x | as long as short |
| 01 Exchange BNBUSD | −0.087% | +0.0304% | 1h | $28K | $1K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | −0.086% | +0.0200% | 1h | $1.6M | $168K | 25x | as long as short |
| Hyperliquid BNB | −0.084% | +0.0323% | 1h | $52.0M | $21.1M | 10x | as long as short |
| Paradex BNB-USD-PERP | −0.080% | +0.0100% | 8h | $78K | $19K | 50x | as long as short |
| dYdX BNB-USD | −0.071% | +0.0332% | 1h | $173K | $50K | 10x | as long as short |
| StandX BNB-USD | −0.070% | 0.0000% | 1h | $866K | $3.2M | 30x | as long as short |
| Phemex BNBUSDT | −0.064% | +0.0073% | 8h | $70.1M | $51.6M | 50x | as long as short |
| Hotstuff BNB-PERP | −0.054% | −0.0080% | 1h | $4K | $1K | 25x | as long as short |
| Hibachi BNB/USDT-P | −0.054% | +0.0200% | 1h | $71K | $47K | 12x | as long as short |
| ApeX Omni BNBUSDT | −0.052% | +0.0100% | 1h | $159K | $436K | 50x | as long as short |
| edgeX BNBUSDC | −0.035% | +0.0100% | 4h | $4.2M | $77.9M | 30x | as long as short |
| MEXC BNB_USDT | −0.022% | +0.0102% | 8h | $84.0M | $16.0M | 200x | as long as short |
| Kalshi KXBNBPERP | −0.022% | +0.0108% | 8h | $107K | $2.9M | 4.8x | as long as short |
| Bulk BNB-USD | −0.010% | +0.0100% | 1h | $650K | $83K | 10x | as long as short |
| Backpack BNB_USDC_PERPlong | 0.000% | +0.0415% | 1h | $2.9M | $5.2M | 40x | |
| BloFin BNB-USDTshort | +0.005% | +0.0222% | 8h | $18.9M | $3.1M | 75x |
Backpack BNB_USDC_PERP
BloFin BNB-USDT
Injective
KuCoin
Coinbase International
Phoenix
Bitget
Polymarket Perps
HTX
Extended
Bybit
OKX
RISEx
Gate
BingX
GMX
gTrade (Gains Network)
SoDEX
Derive
Pacifica
Variational Omni
Kraken Futures
SunX
Lighter
Binance
Aster
Deribit
Hyperliquid
Paradex
StandX
Phemex
ApeX Omni
MEXC
Bulk