After costs, if the gap returns to its 7d average, $10k−$33
spread now−0.088%7d average+0.022%fees + slippage, in and out−$22spread needed0.217%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BNBUSDT | 795.68 | 0.0107 | pay 0.0107% / 8h | 6h 39m | $513.6M | $810.4M | 75x |
| Short | Backpack BNB_USDC_PERP | 794.98 | 0.0100 | get 0.0013% / 1h | 39m 33s | $2.1M | $4.7M | 40x |
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
- −$8.8
- Funding while held
- −$0.2
- Slippage, 4 orders
- −$1.65
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$30.65
- Spread needed to break even
- 0.217%
Slippage from Binance: live order book, 6 min ago; Backpack: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0007%
- Per $10,000 a day
- −$0.20
- 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 Binance live order book, 6 min ago | 0.06 bp | 5.1 bp −$5 | 6.1 bp −$61 | 13.4 bp −$1,343 | doesn't fit |
| Sell Backpack live order book, 6 min ago | 0.06 bp | 5.1 bp −$5 | 8.2 bp −$82 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|
| Variational Omni BNB | −0.225% | +0.0030% | 8h | $4.0M | $6.4M | — | as long as short |
| Nado BNB-PERP | −0.180% | +0.0100% | 1h | $1.4M | $2.8M | 20x | as long as short |
| Kraken Futures PF_BNBUSD | −0.139% | −0.0073% | 1h | $2.5M | $891K | 50x | as long as short |
| HTX BNB-USDT | −0.138% | +0.0100% | 8h | $8.1M | $6.2M | 75x | as long as short |
| Hotstuff BNB-PERP | −0.131% | −0.0080% | 1h | $4K | $1K | 25x | as long as short |
| Bybit BNBUSDT | −0.123% | −0.0019% | 8h | $138.3M | $91.9M | 75x | as long as short |
| SoDEX BNB-USD | −0.123% | +0.0100% | 1h | $391K | $1.0M | 10x | as long as short |
| KuCoin BNBUSDTM | −0.121% | +0.0100% | 8h | $27.8M | $10.6M | 75x | as long as short |
| Gate BNB_USDT | −0.117% | +0.0100% | 8h | $36.0M | $60.2M | 75x | as long as short |
| Bitget BNBUSDT | −0.116% | +0.0100% | 8h | $77.6M | $25.3M | 75x | as long as short |
Show all 45 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended BNB-USD | −0.115% | +0.0104% | 1h | $1.8M | $6.5M | 50x | as long as short |
| OKX BNB-USDT-SWAP | −0.111% | +0.0100% | 8h | $54.6M | $116.7M | 50x | as long as short |
| dYdX BNB-USD | −0.108% | +0.0255% | 1h | $172K | $51K | 10x | as long as short |
| Aevo BNB-PERP | −0.107% | +0.0104% | 1h | $382K | $40K | 10x | as long as short |
| gTrade (Gains Network) BNB/USD | −0.106% | L +0.0008% / S −0.0008% | 1h | $9.7M | — | 150x | as long as short |
| Derive BNB-PERP | −0.105% | +0.0100% | 1h | $32K | $5K | 10x | as long as short |
| GMX BNB/USD [WBTC.b-USDC] | −0.100% | L −0.0188% / S +0.0365% | 1h | $48K | — | 200x | as long as short |
| Hibachi BNB/USDT-P | −0.090% | +0.0152% | 1h | $70K | $47K | 12x | as long as short |
| Backpack BNB_USDC_PERPshort | −0.088% | +0.0100% | 1h | $2.1M | $4.7M | 40x | |
| Reya BNBRUSDPERP | −0.087% | +0.0330% | 1h | $9K | — | 40x | as long as short |
| Lighter BNB | −0.087% | +0.0096% | 1h | $2.6M | $3.3M | 20x | as long as short |
| Deribit BNB_USDC-PERPETUAL | −0.086% | +0.0200% | 1h | $1.6M | $168K | 25x | as long as short |
| SunX BNB-USDT | −0.085% | +0.0100% | 8h | $13K | $1.7M | 50x | as long as short |
| Orderly PERP_BNB_USDC | −0.079% | +0.0100% | 8h | $321K | $633K | 50x | as long as short |
| BloFin BNB-USDT | −0.077% | +0.0227% | 8h | $19.0M | $2.9M | 75x | as long as short |
| Phoenix BNB | −0.070% | +0.0130% | 1h | $169K | $30K | 10x | as long as short |
| BingX BNB-USDT | −0.069% | +0.0005% | 8h | — | $33.3M | — | as long as short |
| Polymarket Perps BNB-USD | −0.068% | +0.0100% | 1h | $123K | $881K | 10x | as long as short |
| edgeX BNBUSDC | −0.065% | +0.0100% | 4h | $4.1M | $76.9M | 30x | as long as short |
| Aster BNBUSDT | −0.064% | +0.0098% | 8h | $6.2M | $19.1M | 200x | as long as short |
| Pacifica BNB | −0.061% | +0.0100% | 1h | $1.2M | $912K | 20x | as long as short |
| Phemex BNBUSDT | −0.059% | +0.0114% | 8h | $69.7M | $51.8M | 50x | as long as short |
| ApeX Omni BNBUSDT | −0.053% | +0.0100% | 1h | $157K | $438K | 50x | as long as short |
| Arcus BNB-USD | −0.048% | +0.0100% | 1h | $51K | $239K | 10x | as long as short |
| Kalshi KXBNBPERP | −0.048% | 0.0000% | 8h | $178K | $2.8M | 4.8x | as long as short |
| RISEx BNB/USDC | −0.037% | +0.0119% | 1h | $1.1M | $1.5M | 20x | as long as short |
| StandX BNB-USD | −0.015% | 0.0000% | 1h | $860K | $3.3M | 30x | as long as short |
| Binance BNBUSDTlong | 0.000% | +0.0107% | 8h | $513.6M | $810.4M | 75x | |
| Paradex BNB-USD-PERP | +0.015% | +0.0100% | 8h | $77K | $261K | 50x | as long as short |
| 01 Exchange BNBUSD | +0.019% | +0.0232% | 1h | $28K | $1K | 10x | as long as short |
| Hyperliquid BNB | +0.024% | +0.0381% | 1h | $51.8M | $21.7M | 10x | as long as short |
| MEXC BNB_USDT | +0.040% | +0.0106% | 8h | $83.6M | $16.7M | 200x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.070% | +0.0056% | 1h | $597K | $922K | 50x | as long as short |
| Bulk BNB-USD | +0.132% | +0.0100% | 1h | $647K | $132K | 10x | as long as short |
| Injective BNB/USDC PERP | +0.373% | +0.0033% | 1h | $19K | $387K | 30x | as long as short |
Binance BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni
Kraken Futures
HTX
Bybit
SoDEX
KuCoin
Gate
Bitget
Extended
OKX
gTrade (Gains Network)
Derive
GMX
Lighter
Deribit
SunX
BloFin
Phoenix
BingX
Polymarket Perps
Aster
Pacifica
Phemex
ApeX Omni
RISEx
StandX
Paradex
Hyperliquid
MEXC
Coinbase International
Bulk
Injective