After costs, if the gap returns to its 7d average, $10k−$47
spread now−0.267%7d average−0.128%fees + slippage, in and out−$33spread needed0.328%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack BNB_USDC_PERP | 794.42 | 0.0105 | pay 0.0013% / 1h | 53m 31s | $2.2M | $1.0M | 40x |
| Short | Gate BNB_USDT | 792.30 | 0.0100 | get 0.0100% / 8h | 1h 53m | $36.1M | $53.4M | 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
- −$26.69
- Funding while held
- −$0.15
- Slippage, 4 orders
- −$7.84
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$59.68
- Spread needed to break even
- 0.328%
Slippage from Backpack: live order book, 2 min ago; Gate: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0005%
- Per $10,000 a day
- −$0.15
- 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, 2 min ago | 0.06 bp | 5.1 bp −$5 | 7.5 bp −$75 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 0.31 bp | 9.2 bp −$9 | 12.8 bp −$128 | 26.5 bp −$2,647 | 56.8 bp −$28.4K |
BNB price on every exchange
against the cheapest. Click to use as the short leg.BNB on 44 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective BNB/USDC PERP | −3.285% | +0.0033% | 1h | $18K | $464K | 30x | as long as short |
| Reya BNBRUSDPERP | −0.408% | +0.0324% | 1h | $9K | — | 40x | as long as short |
| Bitget BNBUSDT | −0.391% | +0.0100% | 8h | $75.2M | $20.3M | 75x | as long as short |
| OKX BNB-USDT-SWAP | −0.380% | +0.0100% | 8h | $53.1M | $95.1M | 50x | as long as short |
| Extended BNB-USD | −0.370% | +0.0104% | 1h | $1.9M | $5.8M | 50x | as long as short |
| Bybit BNBUSDT | −0.352% | −0.0050% | 8h | $137.7M | $80.9M | 75x | as long as short |
| Nado BNB-PERP | −0.320% | +0.0100% | 1h | $1.5M | $2.8M | 20x | as long as short |
| Polymarket Perps BNB-USD | −0.316% | +0.0100% | 1h | $109K | $830K | 10x | as long as short |
| RISEx BNB/USDC | −0.279% | +0.0132% | 1h | $1.2M | $1.5M | 20x | as long as short |
| BingX BNB-USDT | −0.274% | −0.0056% | 8h | — | $32.6M | — | as long as short |
Show all 44 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate BNB_USDTshort | −0.267% | +0.0100% | 8h | $36.1M | $53.4M | 75x | |
| Binance BNBUSDT | −0.231% | +0.0077% | 8h | $515.2M | $698.7M | 75x | as long as short |
| Arcus BNB-USD | −0.229% | +0.0100% | 1h | $51K | $241K | 10x | as long as short |
| Hyperliquid BNB | −0.225% | +0.0351% | 1h | $50.1M | $19.0M | 10x | as long as short |
| KuCoin BNBUSDTM | −0.219% | +0.0100% | 8h | $28.5M | $9.6M | 75x | as long as short |
| Pacifica BNB | −0.215% | +0.0100% | 1h | $1.2M | $603K | 20x | as long as short |
| dYdX BNB-USD | −0.205% | +0.0769% | 1h | $172K | $54K | 10x | as long as short |
| Lighter BNB | −0.191% | +0.0096% | 1h | $2.7M | $2.7M | 20x | as long as short |
| Aster BNBUSDT | −0.182% | +0.0080% | 8h | $6.1M | $18.0M | 200x | as long as short |
| Paradex BNB-USD-PERP | −0.171% | +0.0100% | 8h | $77K | $821K | 50x | as long as short |
| Hotstuff BNB-PERP | −0.152% | −0.0080% | 1h | $4K | $1K | 25x | as long as short |
| MEXC BNB_USDT | −0.040% | +0.0077% | 8h | $83.4M | $14.6M | 200x | as long as short |
| Coinbase International BNB-PERP-INTX | −0.016% | +0.0072% | 1h | $594K | $881K | 50x | as long as short |
| Kraken Futures PF_BNBUSD | −0.012% | +0.0071% | 1h | $2.5M | $731K | 50x | as long as short |
| GMX BNB/USD [WBTC.b-USDC] | −0.009% | L +0.0029% / S +0.0176% | 1h | $54K | — | 200x | as long as short |
| gTrade (Gains Network) BNB/USD | −0.008% | L +0.0008% / S −0.0008% | 1h | $9.7M | — | 150x | as long as short |
| Backpack BNB_USDC_PERPlong | 0.000% | +0.0105% | 1h | $2.2M | $1.0M | 40x | |
| Orderly PERP_BNB_USDC | +0.004% | +0.0100% | 8h | $297K | $648K | 50x | as long as short |
| SoDEX BNB-USD | +0.023% | +0.0179% | 1h | $392K | $1.0M | 10x | as long as short |
| Aevo BNB-PERP | +0.027% | +0.0104% | 1h | $382K | $37K | 10x | as long as short |
| HTX BNB-USDT | +0.030% | +0.0100% | 8h | $8.2M | $3.8M | 75x | as long as short |
| Derive BNB-PERP | +0.031% | +0.0100% | 1h | $30K | $2K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.063% | +0.0300% | 1h | $1.6M | $134K | 25x | as long as short |
| Phemex BNBUSDT | +0.065% | +0.0087% | 8h | $70.3M | $52.1M | 50x | as long as short |
| SunX BNB-USDT | +0.070% | +0.0100% | 8h | $13K | $1.5M | 50x | as long as short |
| Hibachi BNB/USDT-P | +0.070% | +0.0232% | 1h | $71K | $40K | 12x | as long as short |
| StandX BNB-USD | +0.074% | 0.0000% | 1h | $861K | $3.3M | 30x | as long as short |
| Kalshi KXBNBPERP | +0.098% | 0.0000% | 8h | $151K | $2.4M | 4.8x | as long as short |
| Phoenix BNB | +0.170% | +0.0125% | 1h | $170K | $52K | 10x | as long as short |
| BloFin BNB-USDT | +0.247% | +0.0197% | 8h | $18.8M | $2.8M | 75x | as long as short |
| edgeX BNBUSDC | +0.332% | +0.0100% | 4h | $4.2M | $65.3M | 30x | as long as short |
| Variational Omni BNB | +0.416% | −0.0036% | 8h | $4.4M | $6.1M | — | as long as short |
| ApeX Omni BNBUSDT | +0.467% | +0.0493% | 1h | $187K | $417K | 50x | as long as short |
| Bulk BNB-USD | +0.517% | +0.0311% | 1h | $636K | $62K | 10x | as long as short |
Backpack BNB_USDC_PERP
Gate BNB_USDT
Injective
Bitget
OKX
Extended
Bybit
Polymarket Perps
RISEx
BingX
Binance
Hyperliquid
KuCoin
Pacifica
Lighter
Aster
Paradex
MEXC
Coinbase International
Kraken Futures
GMX
gTrade (Gains Network)
SoDEX
HTX
Derive
Deribit
Phemex
SunX
StandX
Phoenix
BloFin
Variational Omni
ApeX Omni
Bulk