After costs, if the gap returns to its 7d average, $10k−$12
spread now−0.066%7d average−0.161%fees + slippage, in and out−$21spread needed0.211%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack BNB_USDC_PERP | 804.28 | 0.0231 | pay 0.0029% / 1h | 15m 34s | $2.7M | $3.2M | 40x |
| Short | Extended BNB-USD | 803.75 | 0.0104 | get 0.0013% / 1h | 15m 34s | $1.8M | $6.4M | 50x |
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
- −$6.61
- Funding while held
- −$3.8
- Slippage, 4 orders
- −$6.14
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$31.55
- Spread needed to break even
- 0.211%
Slippage from Backpack: live order book, 5 min ago; Extended: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0127%
- Per $10,000 a day
- −$3.80
- 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, 5 min ago | 0.37 bp | 6.3 bp −$6 | 9.0 bp −$90 | doesn't fit | doesn't fit |
| Sell Extended live order book, 5 min ago | 0.69 bp | 4.2 bp −$4 | 6.4 bp −$64 | 22.5 bp −$2,247 | 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 | −0.700% | +0.0306% | 1h | $19K | $620K | 30x | as long as short |
| Variational Omni BNB | −0.186% | +0.0038% | 8h | $4.0M | $6.6M | — | as long as short |
| Phoenix BNB | −0.160% | +0.0172% | 1h | $171K | $30K | 10x | as long as short |
| Hibachi BNB/USDT-P | −0.141% | +0.0400% | 1h | $71K | $46K | 12x | as long as short |
| Coinbase International BNB-PERP-INTX | −0.140% | +0.0072% | 1h | $601K | $916K | 50x | as long as short |
| Reya BNBRUSDPERP | −0.137% | +0.0327% | 1h | $9K | — | 40x | as long as short |
| StandX BNB-USD | −0.136% | 0.0000% | 1h | $868K | $3.4M | 30x | as long as short |
| Nado BNB-PERP | −0.122% | +0.0100% | 1h | $1.5M | $2.9M | 20x | as long as short |
| HTX BNB-USDT | −0.112% | +0.0100% | 8h | $8.2M | $5.2M | 75x | as long as short |
| Polymarket Perps BNB-USD | −0.106% | +0.0100% | 1h | $112K | $867K | 10x | as long as short |
Show all 45 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX BNB/USD [WBTC.b-USDC] | −0.098% | L +0.0037% / S +0.0170% | 1h | $54K | — | 200x | as long as short |
| ApeX Omni BNBUSDT | −0.093% | +0.0100% | 1h | $162K | $430K | 50x | as long as short |
| gTrade (Gains Network) BNB/USD | −0.093% | L +0.0008% / S −0.0008% | 1h | $9.8M | — | 150x | as long as short |
| Kraken Futures PF_BNBUSD | −0.092% | +0.0587% | 1h | $2.5M | $862K | 50x | as long as short |
| SoDEX BNB-USD | −0.085% | +0.0199% | 1h | $396K | $1.0M | 10x | as long as short |
| BloFin BNB-USDT | −0.082% | +0.0240% | 8h | $19.5M | $3.0M | 75x | as long as short |
| Orderly PERP_BNB_USDC | −0.080% | +0.0100% | 8h | $300K | $641K | 50x | as long as short |
| Bitget BNBUSDT | −0.072% | +0.0100% | 8h | $77.2M | $23.6M | 75x | as long as short |
| edgeX BNBUSDC | −0.070% | +0.0100% | 4h | $4.2M | $74.7M | 30x | as long as short |
| Extended BNB-USDshort | −0.066% | +0.0104% | 1h | $1.8M | $6.4M | 50x | |
| Bybit BNBUSDT | −0.060% | +0.0068% | 8h | $140.0M | $91.4M | 75x | as long as short |
| Gate BNB_USDT | −0.060% | +0.0100% | 8h | $36.9M | $57.9M | 75x | as long as short |
| Derive BNB-PERP | −0.055% | +0.0100% | 1h | $32K | $5K | 10x | as long as short |
| KuCoin BNBUSDTM | −0.053% | +0.0100% | 8h | $28.2M | $10.5M | 75x | as long as short |
| Aevo BNB-PERP | −0.051% | +0.0104% | 1h | $386K | $37K | 10x | as long as short |
| Hotstuff BNB-PERP | −0.041% | −0.0080% | 1h | $4K | $1K | 25x | as long as short |
| Bulk BNB-USD | −0.031% | +0.0344% | 1h | $653K | $132K | 10x | as long as short |
| dYdX BNB-USD | −0.029% | +0.0634% | 1h | $174K | $54K | 10x | as long as short |
| Pacifica BNB | −0.022% | +0.0100% | 1h | $1.2M | $906K | 20x | as long as short |
| OKX BNB-USDT-SWAP | −0.022% | +0.0100% | 8h | $55.2M | $112.6M | 50x | as long as short |
| Arcus BNB-USD | −0.022% | +0.0100% | 1h | $52K | $243K | 10x | as long as short |
| Kalshi KXBNBPERP | −0.022% | 0.0000% | 8h | $163K | $2.6M | 4.8x | as long as short |
| BingX BNB-USDT | −0.021% | +0.0054% | 8h | — | $33.3M | — | as long as short |
| Deribit BNB_USDC-PERPETUAL | −0.021% | +0.0200% | 1h | $1.6M | $164K | 25x | as long as short |
| SunX BNB-USDT | −0.017% | +0.0100% | 8h | $13K | $1.7M | 50x | as long as short |
| Lighter BNB | −0.014% | +0.0096% | 1h | $2.6M | $3.3M | 20x | as long as short |
| Phemex BNBUSDT | −0.012% | +0.0104% | 8h | $70.7M | $52.6M | 50x | as long as short |
| Backpack BNB_USDC_PERPlong | 0.000% | +0.0231% | 1h | $2.7M | $3.2M | 40x | |
| RISEx BNB/USDC | +0.012% | +0.0202% | 1h | $1.2M | $1.5M | 20x | as long as short |
| Paradex BNB-USD-PERP | +0.048% | +0.0100% | 8h | $78K | $553K | 50x | as long as short |
| Aster BNBUSDT | +0.050% | +0.0126% | 8h | $6.1M | $19.7M | 200x | as long as short |
| Hyperliquid BNB | +0.065% | +0.0380% | 1h | $51.3M | $20.8M | 10x | as long as short |
| Binance BNBUSDT | +0.072% | +0.0121% | 8h | $524.2M | $787.1M | 75x | as long as short |
| 01 Exchange BNBUSD | +0.075% | +0.0352% | 1h | $28K | $1K | 10x | as long as short |
| MEXC BNB_USDT | +0.102% | +0.0120% | 8h | $84.0M | $16.3M | 200x | as long as short |
Backpack BNB_USDC_PERP
Extended BNB-USD
Injective
Variational Omni
Phoenix
Coinbase International
StandX
HTX
Polymarket Perps
GMX
ApeX Omni
gTrade (Gains Network)
Kraken Futures
SoDEX
BloFin
Bitget
Bybit
Gate
Derive
KuCoin
Bulk
Pacifica
OKX
BingX
Deribit
SunX
Lighter
Phemex
RISEx
Paradex
Aster
Hyperliquid
Binance
MEXC